Aio Foundation
- Assets
- $259.8k
- Revenue
- $299.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Honolulu, HI
- Founding
- 04/1998
- Data as of
- 12/2022
- EIN
- 94-3278794
Organization Overview
Aio Foundation is located in Honolulu, HI. The organization was established in 1998. According to its NTEE Classification (N63) the organization is classified as: Baseball & Softball, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aio 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 12/2022, Aio Foundation generated $299.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.3% each year . All expenses for the organization totaled $14.9m during the year ending 12/2022. 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
TO BRING TOGETHER LIKE-MINDED COMPANIES & COMMUNITY ORGANIZATIONS WHO ARE COMMITTED TO THE FUTURE OF HAWAII'S YOUTH & EDUCATION AND ELIMINATING THE CAUSES OF HAWAII'S HOMELESSNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN RESPONSE TO THE STATE'S GROWING HOMELESS CRISIS, KAHAUIKI VILLAGE IS A PLANTATION STYLE COMMUNITY DEVELOPMENT DESIGNED TO HOUSE HAWAII'S HOMELESS FAMILIES. KAHAUIKI VILLAGE IS A GROUNDBREAKING INITIATIVE THAT MAXIMIZES PUBLIC AND PRIVATE RESOURCES TO IMPLEMENT A LONG-TERM STRATEGY AIMED TO ACHIEVE THE FOLLOWING OUTCOMES: PROVIDE HOMES FOR HOMELESS FAMILIES; PROVIDE EMPLOYMENT OPPORTUNITIES WITHIN WALKING DISTANCE FOR HOMELESS PARENTS; OFFER ACCOMODATION OPTIONS FOR EXTENDED FAMILIES. KAHAUIKI VILLAGE IS A COMMUNITY OF 144 ONE AND TWO BEDROOM HOMES. KAHAUIKI VILLAGE IS HOUSING OVER 600 ADULTS AND CHILDREN.
RISING TIDE IS A FREE COMMUNITY BY CENTRAL PACIFIC BANK TO HELP SMALL BUSINESSES IN HAWAII THRIVE THROUGH EDUCATIONAL RESOURCES, EVENTS, NETWORKING OPPORTUNITIES, AND ACCESS TO CO-WORKING SPACES. THE GOAL IS TO FOSTER CONNECTIONS AND PROVIDE SUPPORT FOR LOCAL ENTREPRENEURS AND BUSINESSES TO GROW. MEMBERS CAN BE FEATURED ON THE RISING TIDE WEBSITE AND SOCIAL MEDIA TO SHOWCASE THEIR BUSINESS. RISING TIDE REPRESENTS THE IDEA THAT WHEN WE SUPPORT EACH OTHER, THE ENTIRE COMMUNITY BENEFITS. CENTRAL PACIFIC BANK AIMS TO OPEN DOORS FOR SMALL BUSINESSES IN HAWAII THROUGH THIS INCLUSIVE PROGRAM.
AIO FOUNDATION HAS PARTNERED WITH HUI MAHI'AI'AINA, A TAX-EXEMPT FOUNDATION UNDER SECTION 501(C)(3) WHOSE MAJOR GOALS ARE TO PROVIDE QUALITY OF LIFE FOR THOSE IN NEED AND HOUSELESS IN THE WAIMANALO COMMUNITY. THE PURPOSE OF HUI MAHI'AI'AINA IS TO: 1) INCREASE ACCESSIBILITY AND CULTIVATION OF HEALTHY FOOD, AS WELL AS PROVIDE EDUCATION IN NUTRITIONAL MANAGEMENT. 2) PROVIDE EDUCATION THAT PROMOTES SOCIAL CAPITAL AND OPPORTUNITIES FOR THE DISADVANTAGED AND HOUSELESS. 3) DEVELOP SUSTAINABLE FOOD SOVEREIGNTY AND RE-CAPTURING FOOD WASTE, THUS CREATING A SUSTAINABLE ECO-SYSTEM, AND PER-CAPITA FARMING PRODUCTIVITY, IN SUPPORT OF REVENUE STREAMING CAPABILITIES. 4) CULTIVATE, SUPPORT, AND ENHANCE GROWTH THRU PARTICIPATION WITH COMMUNITY AND NATIVE HAWAIIAN CULTURAL PRACTICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jaime Kinoshita Oliveira Director/secretary | OfficerTrustee | 5 | $0 |
Duane Kurisu Director/president | OfficerTrustee | 5 | $0 |
Susan Eichor Director | Trustee | 5 | $0 |
Ken Miyasato Director/treasurer | OfficerTrustee | 5 | $0 |
Mel Kaneshige Director/vice President | OfficerTrustee | 5 | $0 |
John Dean Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Photonworks Engineering Llp Bldg Construction | 12/30/20 | $512,962 |
Rmy Construction Inc Bldg Construction | 12/30/20 | $386,489 |
Upspring Media Llc Hec Digital Services | 12/30/20 | $160,774 |
Newmark Grubb Cbi Inc Property Management | 12/30/20 | $143,122 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $289,172 |
| Noncash contributions included in lines 1a–1f | $84,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $289,172 |
| Total Program Service Revenue | $9,424 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $397 |
| 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 | $298,998 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,636,383 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,452 |
| Fees for services: Accounting | $15,731 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,774 |
| Advertising and promotion | $104,220 |
| Office expenses | $22 |
| Information technology | $4,107 |
| Royalties | $0 |
| Occupancy | $16,057 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $6,683 |
| All other expenses | $816 |
| Total functional expenses | $14,859,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $162,307 |
| 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 | $0 |
| Net Land, buildings, and equipment | $97,514 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $259,821 |
| Accounts payable and accrued expenses | $60,627 |
| 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 | $60,627 |
| Net assets without donor restrictions | $0 |
| 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 | $199,194 |
| Total liabilities and net assets/fund balances | $259,821 |
Grants Awarded
Over the last fiscal year, Aio Foundation has awarded $648,949 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HAWAII EXECUTIVE COLLABORATIVE PURPOSE: CONFERENCE | $632,099 |
EVERY1NE PURPOSE: DONATION | $16,850 |