Hanalani Schools
- Assets
- $24.0m
- Revenue
- $16.1m
- Investments
- $0.0
- Employees
- 122
- Location
- Mililani, HI
- Founding
- 05/1974
- Data as of
- 07/2021
- EIN
- 23-7334963
Organization Overview
Hanalani Schools is located in Mililani, HI. The organization was established in 1974. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 07/2021, Hanalani Schools employed 122 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hanalani Schools is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2021, Hanalani Schools generated $16.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $11.5m during the year ending 07/2021. While expenses have increased by 2.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO TRAIN CHILDREN OF HOUSEHOLDS OF FAITH AND TO PROVIDE OPPORTUNITIES FOR ALL CHILDREN TO HEAR AND RECEIVE THE GOSPEL OF JESUS CHRIST. FROM A BIBLICAL FOUNDATION, WE STRIVE TO DEVELOP THE INTELLECTUAL, EMOTIONAL, AND SPIRITUAL CAPACITY OF STUDENTS IN A WIDE VARIETY OF FIELDS, AND TO LEAD THEM TO A DEEPER WORSHIP OF GOD AND CLOSER CONFORMITY TO THE IMAGE OF CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A SCHOOL OFFERING THE FOLLOWING LEVELS OF ACADEMICS:EARLY CHILDHOOD - GRADE K3 THRU GRADE K4ELEMENTARY - GRADE K5 THRU GRADE 6 UPPER SCHOOL - GRADE 7 THRU GRADE 12
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Sugimoto Secretary/treasurer/head Of School | OfficerTrustee | 40 | $160,606 |
Gaudencia Lynn Finnegan Former Assistant Head Of School | Officer | 40 | $105,475 |
Elijah Yip President | OfficerTrustee | 1 | $0 |
William Hopper Vice President | OfficerTrustee | 1 | $0 |
Daniel Kokubun Trustee | Trustee | 1 | $0 |
William Terrance Rotz Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kec Hs 2 Solar Fund Llc Photovoltaic Solar Energy Provider | 7/30/18 | $268,254 |
Kec Hs Solar Fund Llc Photovoltaic Solar Energy Provider | 7/30/18 | $438,678 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $244,423 |
| Related organizations | $0 |
| Government grants | $1,088,315 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,234,372 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,567,110 |
| Total Program Service Revenue | $9,756,536 |
| Investment income | $372,257 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $320,456 |
| Net Gain/Loss on Asset Sales | $139,845 |
| Net Income from Fundraising Events | -$43,921 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $27,603 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,139,886 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,884,064 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $252,763 |
| Compensation of current officers, directors, key employees. | $252,763 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,299,062 |
| Pension plan accruals and contributions | $116,662 |
| Other employee benefits | $460,938 |
| Payroll taxes | $392,339 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $52,351 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,260 |
| Fees for services: Other | $171,667 |
| Advertising and promotion | $355,847 |
| Office expenses | $319,071 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $156,175 |
| Travel | $24,455 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $141,997 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $645,447 |
| Insurance | $302,767 |
| All other expenses | $123,742 |
| Total functional expenses | $11,508,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,086,945 |
| Savings and temporary cash investments | $13,586 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $222,325 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $39,536 |
| Prepaid expenses and deferred charges | $306,147 |
| Net Land, buildings, and equipment | $8,967,378 |
| Investments—publicly traded securities | $11,325,441 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,961,358 |
| Accounts payable and accrued expenses | $349,638 |
| Grants payable | $0 |
| Deferred revenue | $3,717,226 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,790,611 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,857,475 |
| Net assets without donor restrictions | $9,867,641 |
| Net assets with donor restrictions | $6,236,242 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $23,961,358 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hanalani Schools has recieved totaling $142,167.
| Awarding Organization | Amount |
|---|---|
The Thomas J Vincent Foundation Kaneohe, HI PURPOSE: DONATION | $102,167 |
Samuel N & Mary Castle Foundation Honolulu, HI PURPOSE: SCHOOL REFURBISH FOR FULL RE-OPENING FOR ACADEMIC YEAR 2021-2022 | $25,000 |
Samuel N & Mary Castle Foundation Honolulu, HI PURPOSE: TUITION ASSISTANCE FOR LOW-INCOME FAMILIES | $15,000 |
Endowment Analysis
| Beg. Balance | $2,550,000 |
| Earnings | $2,655 |
| Net Contributions | $3,227,505 |
| Grants | $202,655 |
| Ending Balance | $5,577,505 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Los Angeles Universal Preschool Los Angeles, CA | $9,025,179 | $26,158,862 |
Kamaaina Care Inc Kailua, HI | $16,893,608 | $29,363,431 |
Plaza De La Raza Child Development Services Inc City of Industry, CA | $2,591,767 | $20,694,793 |
Child Start Incorporated Napa, CA | $8,014,837 | $18,886,545 |
Institute For Human & Social Development Inc San Mateo, CA | $7,306,180 | $14,787,145 |
Keys Family Day School Inc Palo Alto, CA | $33,258,594 | $15,731,611 |
The San Francisco School San Francisco, CA | $30,677,373 | $14,481,306 |
Hanalani Schools Mililani, HI | $23,961,358 | $16,139,886 |
Berkeley Hall School Foundation Los Angeles, CA | $27,121,443 | $12,682,160 |
Vacaville Christian Academy Vacaville, CA | $16,291,223 | $10,950,312 |
Renu Hope Foundation Beaumont, CA | $4,671,347 | $11,223,542 |
Keiki O Ka Aina Preschool Inc Honolulu, HI | $8,797,502 | $10,994,448 |