Center For Tomorrows Leaders
- Assets
- $1.0m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 13
- Location
- Honolulu, HI
- Founding
- 03/2014
- Data as of
- 06/2022
- EIN
- 46-3490591
Organization Overview
Center For Tomorrows Leaders is located in Honolulu, HI. The organization was established in 2014. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Center For Tomorrows Leaders employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Tomorrows Leaders 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 06/2022, Center For Tomorrows Leaders generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $684.1k during the year ending 06/2022. While expenses have increased by 17.6% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENGAGE, EQUIP AND EMPOWER HAWAII'S FUTURE LEADERS THROUGH COMPREHENSIVE TRAINING AND RESOURCES AT THE HIGH SCHOOL LEVEL
Describe the Organization's Program Activity:
Part 3 - Line 4a
CTL PARTNERED WITH THIRTEEN HIGH SCHOOLS TO PROVIDE LEADERSHIP TRAINING PROGRAMS TO FOUR HUNDRED EIGHTY FIVE HIGH SCHOOL STUDENTS, WHICH ALSO OFFERED INTERNSHIP AND WORKFORCE DEVELOPMENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katharine Chang E.d. | OfficerTrustee | 40 | $90,234 |
Kurt Tsue Board Member Secretary | Trustee | 2 | $0 |
Sherri Okinaga Board Member | Trustee | 2 | $0 |
Kathryn Matayoshi Board Member | Trustee | 2 | $0 |
Peter Dames Board Member | Trustee | 2 | $0 |
Lance Kakimoto Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $51,025 |
| All other contributions, gifts, grants, and similar amounts not included above | $874,608 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $925,633 |
| Total Program Service Revenue | $97,295 |
| 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 | $1,022,928 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,235 |
| Compensation of current officers, directors, key employees. | $22,559 |
| Compensation to disqualified persons | $209,202 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,681 |
| Payroll taxes | $27,608 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,232 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,239 |
| Advertising and promotion | $642 |
| Office expenses | $29,281 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,557 |
| Travel | $33,740 |
| 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 | $1,506 |
| Insurance | $7,385 |
| All other expenses | $2,527 |
| Total functional expenses | $684,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $975,052 |
| 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 | $4,127 |
| Net Land, buildings, and equipment | $23,214 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,002,393 |
| Accounts payable and accrued expenses | $9,237 |
| Grants payable | $0 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,237 |
| Net assets without donor restrictions | $993,156 |
| 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 | $1,002,393 |