Education Incubator
- Assets
- $367.5k
- Revenue
- $545.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 12/2017
- Data as of
- 06/2021
- EIN
- 81-5155325
Organization Overview
Education Incubator is located in Honolulu, HI. The organization was established in 2017. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education Incubator 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 06/2021, Education Incubator generated $545.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $423.7k during the year ending 06/2021. While expenses have increased by 2.4% per year over the past 4 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
EDUCATION INCUBATOR IS PART OF A MOVEMENT TO TRANSFORM SCHOOL INTO AN INCUBATION SPACE FOR KID AND COMMUNITY DRIVEN INNOVATION, TO SHAPE THE PRESENT AND FUTURE OUR CHILDREN SHOULD AND CAN BE LEADING US TOWARD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INNOVATION WITH ALOHA - YOUTH: OUR YOUTH PROGRAMS PROVIDE OPPORTUNITY FOR YOUTH TO SEEK MEANING AND PURPOSE, AND TO INNOVATE PRODUCTS AND SERVICES TO MEET COMMUNITY NEEDS AND EVOLVE OUR WORLD FOR BETTER. YOUTH ENGAGE PROCESSESES SUCH AS SELF-DISCOVERY, DESIGN THINKING, COMMUNITY NEEDS ASSESSMENT, PURPOSE PROJECT IDEATION, EMPATHY DEVELOPMENT AND PRACTICE, AND PUBLIC DEMONSTRATION OF THEIR INNOVATIONS.
INNOVATION WITH ALOHA - OUR EDUCATOR PROGRAMS PROVIDE OPPORTUNITY FOR EDUCATORS TO EXPLORE FOR THEMSELVES THE PROCESSES OF SOCIAL INNOVATION AND ENTREPRENEURSHIP, FOCUSING ON PLACE-BASED, CULTURE-BASED, PURPOSE-DRIVEN INNNOVATIVE APPRAOCHES TO EDUCATION. WE SUPPORT EDUCATORS IN SEEKING MEANING AND PURPOSE, AND TO INNOVATE PRODUCTS AND SERVICES TO MEET COMMUNITY NEEDS AND EVOLVE OUR WORLD FOR BETTER. EDUCATORS ENGAGE PROCESSESES SUCH AS SELF-DISCOVERY, DESIGN THINKING, COMMUNITY NEEDS ASSESSMENT, PURPOSE PROJECT IDEATION, EMPATHY DEVELOPMENT AND PRACTICE, AND PUBLIC DEMONSTRATION OF THEIR INNOVATIONS; EDUCATORS ARE THEN SUPPORTED IN EXPLORING WHAT IMPACT OR INFLUENCE THIS MIGHT HAVE IN THEIR FUTURE TEACHING.
INNOVATION WITH ALOHA - OUR COMMUNITY INNOVATION PROGRAM PROVIDES OPPORTUNITIES FOR LEARNERS OF ALL AGES IN THE GENERAL COMMUNITY TO SEEK MEANING AND PURPOSE, AND TO INNOVATE PRODUCTS AND SERVICES TO MEET COMMUNITY NEEDS AND EVOLVE OUR WORLD FOR BETTER. THE PROGRAM DELIVERY RANGES FROM SPEAKING EVENTS, WORKSHOPS, CLASSES, AND COMMUNITY CONVENINGS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miki Tomita Executive Director | Officer | 40 | $109,849 |
Herb Lee President | OfficerTrustee | 1 | $0 |
Keoni Lee Treasurer | OfficerTrustee | 1 | $0 |
Christine Matsuda Secretary | OfficerTrustee | 1 | $0 |
Brian Dote Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $366,181 |
| All other contributions, gifts, grants, and similar amounts not included above | $168,386 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $534,567 |
| Total Program Service Revenue | $11,125 |
| Investment income | $208 |
| 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 | $545,900 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,027 |
| 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. | $109,850 |
| Compensation of current officers, directors, key employees. | $20,947 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $108,557 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,320 |
| Payroll taxes | $23,362 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,135 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $84,388 |
| Advertising and promotion | $692 |
| Office expenses | $1,621 |
| Information technology | $2,834 |
| Royalties | $0 |
| Occupancy | $8,534 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,150 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,218 |
| Insurance | $1,587 |
| All other expenses | $46,421 |
| Total functional expenses | $423,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,915 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $180,318 |
| 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 | $2,250 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $367,483 |
| Accounts payable and accrued expenses | $1,803 |
| Grants payable | $0 |
| Deferred revenue | $57,483 |
| 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 | $59,286 |
| Net assets without donor restrictions | $297,503 |
| Net assets with donor restrictions | $10,694 |
| 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 | $367,483 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Education Incubator has recieved totaling $8,248.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $5,661 |
Atherton Family Foundation Honolulu, HI PURPOSE: FOUNDATIONS OF ALOHA | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $87 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advanced Education Research & Development Fund Oakland, CA | $37,818,730 | $32,842,563 |
Learning Policy Institute Palo Alto, CA | $14,081,689 | $13,855,594 |
Centre For Effective Altruism Usa Inc San Francisco, CA | $38,716,189 | $17,476,222 |
Publicworks Group Pasadena, CA | $3,758,874 | $4,171,322 |
The Nroc Project Carmel, CA | $6,140,866 | $4,569,862 |
The Rp Group Inc San Rafael, CA | $3,227,316 | $2,427,943 |
Romero Institute Santa Cruz, CA | $3,321,846 | $4,211,706 |
Institute For Evidence-Based Change Long Beach, CA | $312,425 | $1,549,610 |
Ohana Foundation For Technical Development Cupertino, CA | $205,183 | $1,451,000 |
Building Engineering And Science Talent Inc San Marcos, CA | $509,335 | $1,456,278 |
Ross M Brown Family Foundation Escondido, CA | $15,009,479 | $2,200,892 |
Center For Innovation And Resources Inc Moorpark, CA | $334,281 | $1,148,563 |