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. As of 12/2023, Education Incubator employed 3 individuals. 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 12/2023, Education Incubator generated $427.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $649.7k 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
TO EMPOWER PEOPLE TO LIVE WITH PASSION AND PURPOSE IN SERVICE OF A BETTER WORLD THROUGH PLACEBASED, CULTURALLYGROUNDED WORKSHOPS, PROGRAMS, AND PROFESSIONAL DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATIONS OF ALOHA OFFERS COHORTS OF YOUTH, FAMILIES, AND EDUCATORS DAILY OPPORTUNITIES FOR BUILDING SOCIAL EMOTIONAL LEARNING AND LIVING PRACTICES GROUNDED IN THE VALUES OF HAWAII AND THE TEACHINGS OF ALOHA. WE OFFER LEARNING AND PRACTICE OPPORTUNITIES FOR HAWAII'S YOUTH AND FAMILIES TO SUPPORT WELLBEING AND STABILITY AND PROVIDE PROFESSIONAL DEVELOPMENT SUPPORT TO ORGANIZATIONS THAT OFFER YOUTH AND FAMILY PROGRAMMING. THESE SUPPORTS RANGE FROM CODESIGNING PROGRAMS, TO PROVIDING WORKSHOPS, AND OTHER FORMS OF CONSULTING. INNOVATION WITH ALOHA FOCUSES ON BRINGING THE PRACTICES ASSOCIATED WITH INNOVATION AND ENTREPRENEURSHIP TO EDUCATIONAL CONTEXTS, THROUGH WORKSHOPS, CLASSES, CURRICULUM DESIGN, AND PROFESSIONAL DEVELOPMENT. IWA FOCUSES ON COMMUNITY PROBLEM-SOLVING AND SOLUTION-GENERATING THROUGH THE LENS OF PASSION, PURPOSE, AND POSITIVE-CHANGE, HELPING YOUTH AND EDUCATORS TO TURN LEARNING INTO OPPORTUNITIES FOR POSITIVE IMPACT IN LOCAL COMMUNITIES. THIS WORK INCLUDES CLASSES AND EXPERIENCES IN DESIGN THINKING, RAPID PROTOTYPING, PRODUCT DEVELOPMENT, ESSENTIALS OF ENTREPRENEURSHIP, AND CREATIVE CONFIDENCE. THE HAWAII ONLINE PORTAL FOR EDUCATION (HOPE) INITIATIVE SUPPORTS TEACHERS ACROSS HAWAII TO ACCESS, ADAPT AND CREATE DIGITAL RESOURCES FOR EDUCATION. THROUGH THE COLLABORATION OF STAKEHOLDERS ACROSS HAWAII'S EDUCATIONAL LANDSCAPE, WE AIM TO CREATE ACCESSIBLE, RICH, AND PERPETUALLY IMPROVING PORTAL FOR EDUCATION FOR HAWAII. DIRECT SERVICES SPECIAL PROJECTS THROUGH OUR SPECIAL PROJECTS CONSULTING PROGRAM, WE SUPPORT ORGANIZATIONS TO IDENTIFY AND ACHIEVE THE SOCIAL IMPACT GOALS OF THEIR ORGANIZATION THROUGH THE VARIOUS SKILLSETS AND EXPERTISE OF OUR STAFF. THESE SERVICES INCLUDE CURRICULUM DESIGN, FACILITATION, STRATEGIC VISIONING, PROJECT MANAGEMENT, AND PROFESSIONAL DEVELOPMENT SERVICES. THE ORGANIZATIONS IN THIS CATEGORY ARE THOSE WHO WE WORK CLOSELY WITH AS OHANA, BOUND BY SOCIAL, CULTURAL, AND WISDOM CAPITAL THAT IS GIFTED TO US THROUGH PRACTITIONERS OF ANCESTRAL AND INDIGENOUS KNOWLEDGE TRADITIONS. DIRECT SERVICES SUPPORT ORGANIZATIONS TO IDENTIFY AND ACHIEVE THE SOCIAL IMPACT GOALS OF THEIR ORGANIZATION THROUGH THE VARIOUS SKILLSETS AND EXPERTISE OF OUR STAFF. THESE SERVICES INCLUDE CURRICULUM DESIGN, FACILITATION, STRATEGIC VISIONING, PROJECT MANAGEMENT, AND PROFESSIONAL DEVELOPMENT SERVICES. THE ORGANIZATIONS IN THIS CATEGORY ARE THOSE WHO WE WORK CLOSELY WITH AS OHANA, BOUND BY SOCIAL, CULTURAL, AND WISDOM CAPITAL THAT IS GIFTED TO US THROUGH PRACTITIONERS OF ANCESTRAL AND INDIGENOUS KNOWLEDGE TRADITIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Herb Lee President | OfficerTrustee | 1 | $0 |
Christine Matsuda Secretary | OfficerTrustee | 1 | $0 |
Keoni Lee Treasurer | OfficerTrustee | 1 | $0 |
Brian Dote Director | Trustee | 1 | $0 |
Miki Tomita Executive Di | Officer | 40 | $104,507 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $119,540 |
All other contributions, gifts, grants, and similar amounts not included above | $127,239 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $246,779 |
Total Program Service Revenue | $176,266 |
Investment income | $4,756 |
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 | $427,801 |
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. | $104,507 |
Compensation of current officers, directors, key employees. | $43,562 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $152,873 |
Pension plan accruals and contributions | $3,336 |
Other employee benefits | $18,666 |
Payroll taxes | $30,133 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,991 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $268,932 |
Advertising and promotion | $0 |
Office expenses | $13,120 |
Information technology | $5,478 |
Royalties | $0 |
Occupancy | $26,796 |
Travel | $9,660 |
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 | $2,035 |
Insurance | $2,024 |
All other expenses | $0 |
Total functional expenses | $649,671 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $13,858 |
Savings and temporary cash investments | $423,089 |
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 | $2,250 |
Net Land, buildings, and equipment | $6,579 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,000 |
Total assets | $446,776 |
Accounts payable and accrued expenses | $3,136 |
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 | $3,136 |
Net assets without donor restrictions | $443,640 |
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 | $446,776 |