K Mark Takai Foundation
- Assets
- $296.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 03/2018
- Data as of
- 12/2023
- EIN
- 82-4524922
Organization Overview
K Mark Takai Foundation is located in Honolulu, HI. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. K Mark Takai Foundation 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, K Mark Takai Foundation generated $29.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (34.8%) each year. All expenses for the organization totaled $29.6k during the year ending 12/2023. 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
SPONSORED THE FIFTH ANNUAL TRANSITION CENTERS BEST PRACTICES CONFERENCE IN CONJUNCTION WITH THE HAWAII DEPARTMENT OF EDUCATION AND THE HAWAII BUSINESS ROUNDTABLE. THE PURPOSE OF THE CONFERENCE WAS TO CREATE A COMMUNITY OF SUPPORT FOR SCHOOLS INTERESTED IN CREATING, ENHANCING AND SUSTAINING TRANSITION CENTERS ON THEIR CAMPUSES FOR NEWLY ENROLLED STUDENTS. DUE TO THE COVID-19 PANDEMIC, THE CONFERENCE WAS MOVED TO A VIRTUAL PLATFORM. THIS YEAR A MAJOR FOCUS OF THE CONFERENCE WAS ON HOW OUR TRANSITION CENTERS ARE CONTINUING TO OPERATE UNDER THE PANDEMIC'S RESTRICTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sami Takai President, Director | 5 | $0 | |
Ross Takai Vice President, Director | 0.5 | $0 | |
Gary K Kai Secretary, Treasurer, Dire | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,636 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $220 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,856 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $597 |
| Occupancy, rent, utilities, and maintenance | $12,402 |
| Printing, publications, postage, and shipping | $14,958 |
| Other expenses | $3 |
| Total expenses | $29,560 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $295,969 |
| Other assets | $0 |
| Total assets | $295,969 |
| Total liabilities | $0 |
| Net assets or fund balances | $295,969 |