Na Wai Iwi Ola
- Assets
- $376.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Kailua Kona, HI
- Founding
- 09/2009
- Data as of
- 12/2023
- EIN
- 38-3799372
Organization Overview
Na Wai Iwi Ola is located in Kailua Kona, HI. The organization was established in 2009. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Na Wai Iwi Ola 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, Na Wai Iwi Ola generated $62.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $30.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PERPETUATE HAWAIIAN CULTURE AND PRACTICES THROUGH HULA PROTOCOL AND CEREMONIES, LANGUAGE STUDY AND USAGE, MUSIC AND CHANT, AND THE STORIES OF OUR HAWAIIAN KUPUNA GRANDPARENTS PAST, PRESENT AND FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Ching President | 40 | $7,916 | |
Rolinda Bean VP | 2 | $0 | |
Michael Foley Secretary/ Director | 2 | $0 | |
Siulin Pulu'ole Director | 2 | $0 | |
Alice Knight Director | 2 | $0 | |
Charlene Ching Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,011 |
| Total Program Service Revenue | $0 |
| Membership dues | $11,369 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,380 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,146 |
| Professional fees and other payments to independent contractors | $5,626 |
| Occupancy, rent, utilities, and maintenance | $10,029 |
| Printing, publications, postage, and shipping | $3,122 |
| Other expenses | $0 |
| Total expenses | $30,923 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $366,402 |
| Other assets | $0 |
| Total assets | $376,183 |
| Total liabilities | $0 |
| Net assets or fund balances | $376,183 |