Bio Bamboo Inc
- Assets
- $35.0k
- Revenue
- $74.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Haiku, HI
- Founding
- 05/2013
- Data as of
- 12/2023
- EIN
- 27-3984497
Organization Overview
Bio Bamboo Inc, operating under the name Food Security Hawaii, is located in Haiku, HI. The organization was established in 2013. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Security Hawaii 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 12/2023, Food Security Hawaii generated $74.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $13.2k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
IT IS OUR MISSION TO SUPPORT, EDUCATE AND RESEARCH USING THE MOST SUSTAINABLE FARMING PRACTICES TO FEED OUR HAWAIIN ISLANDS NEEDS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ATHERTON GRANT TOOL LIBRARY PROJECT FISCAL SPONSOR FOR MFTTN TOOL LIBRARY PROJECT AND T4TT MICRO SUSTAIANABILITY EQUIPMENT CHIPPER PURCHASE USING A PAYMENT PLAN. ATHERTON IS ALSO RESPONSIBLE FOR THE UPKEEP AND GAS FOR THE 2002 FORD TRUCK
COUNTTY OF MAUI GRANT G5845 BIO BAMBOO GRANT WITH THE COUNTY GRANTS MONEY NEEDS TO BE SPENT FIRST AND THEN REIMBURSED THROUGH THE COUNTY OF MAUI. RIEMBURSMENTS DID NOT HAPPEN UNTIL 2024 THE PRIMARY WORK OF BIO BAMBOO IN 2023 WAS TO RESEARCH AND ADVISE THE COUNTY OF MAUI ON THE ISSUES SURROUNDING THE DEVELOPMENT OF REGENERATIVE FARMING PRACTICES FOR THE PURPOSE OF INCREASING FOOD SECURITY AND REDUCING RELIANCE ON IMPORTED GOODS WITH A HIGH CARBON FOOTPRINT. AMAJOR PART OF THIS RESEARCH WAS ADVISING THE COUNTY OF MAUI ONLINE POTENTIAL VALUE FRO BACKING THE DEVELOPMENT OF AN INDUSTRIAL HEMP INDUSTRY THAT WOUDL FURTHER SUPPORT ISLAND SELF-DEPENDENCEA IN THE AREAS OF BUILDING MATERIALS. WE ALSO FINISHED THE OHANA GARDENS ROJECT IN 2023. PEOPLE POTENTIALLY AFFECTED BY THIS WORK - ALL OF THE STATE OF HAWAII
OHANA GARDENS OF MAUI GRANT WAS FINISHED IN 2022 AND THE FUNDING FOR THIS PROJECT CAME IN 2023. OHANA GARDENS IS A COUNTY-WIDE BACKYARD GARDEN INITIATIVE TO PROVIDE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlotte Obrien Executive Director | Trustee | 2 | $41,718 |
Kutira Decosteret Director | Trustee | 1 | $0 |
Suzanne Gambel Director | Trustee | 1 | $0 |
Beth Savitt President | Officer | 3 | $0 |
Niyaso Carter Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,519 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,505 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,024 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $74,024 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,094 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,826 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,759 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $189 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,733 |
| All other expenses | $0 |
| Total functional expenses | $13,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,446 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $560 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $35,006 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $31,006 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $4,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $35,006 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $35,006 |