Hawaii Education Association
- Assets
- $4.1m
- Revenue
- $324.7k
- Investments
- $72.0k
- Employees
- 3
- Location
- Honolulu, HI
- Founding
- 12/1996
- Data as of
- 06/2021
- EIN
- 99-0039988
Organization Overview
Hawaii Education Association is located in Honolulu, HI. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2022, Hawaii Education Association employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hawaii Education Association 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, Hawaii Education Association generated $324.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $409.2k during the year ending 06/2021. While expenses have increased by 5.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THIS ORGANIZATION SHALL BE TO MAINTAIN AND ADVANCE THE BEST AMERICAN IDEALS AND STANDARDS OF EDUCATION, TO FOSTER PROFESSIONAL ZEAL AND GROWTH; TO CULTIVATE HELPFUL, FRIENDLY RELATIONS AMONG ITS MEMBERS AND THE COMMUNITY; TO PROMOTE BOTH PERSONAL AND GENERAL WELFARE OF THE MEMBERS FOR THE BEST INTERESTS OF EDUCATION; AND TO ENCOURAGE MEMBERS IN THE DISCHARGE OF THEIR PROFESSIONAL, COMMUNITY, AND CIVIC RESPONSIBILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THIS ORGANIZATION IS TO PROMOTE, ADVANCE AND SUPPORT THE PROFESSIONALISM OF HAWAII EDUCATORS; QUALITY EDUCATION ACCESSIBLE TO ALL THE CHILDREN OF HAWAII; TEACHING AS A PROFESSION; AND THE ADVANCEMENT OF EDUCATION IN HAWAII. ALL SUCH PURPOSES SHALL BE ACCOMPLISHED EXCLUSIVELY WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
THE PURPOSE OF THIS ORGANIZATION IS TO PROMOTE, ADVANCE AND SUPPORT THE PROFESSIONALISM OF HAWAII EDUCATORS; QUALITY EDUCATION ACCESSIBLE TO ALL THE CHILDREN OF HAWAII; TEACHING AS A PROFESSION; AND THE ADVANCEMENT OF EDUCATION IN HAWAII. ALL SUCH PURPOSES SHALL BE ACCOMPLISHED EXCLUSIVELY WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
June Motokawa President | OfficerTrustee | $0 | |
Joan Lee Husted Vice Preside | OfficerTrustee | $0 | |
Wilbur Luna Treasurer | OfficerTrustee | $0 | |
Justin Wong Director | Trustee | $0 | |
Joan Lewis Director | Trustee | $0 | |
Pilialoha Lee Loy Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,344 |
| Investment income | $211,244 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $52,124 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $324,712 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $17,000 |
| 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 to disqualified persons | $0 |
| Other salaries and wages | $100,287 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,626 |
| Payroll taxes | $8,035 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,033 |
| Fees for services: Other | $29,983 |
| Advertising and promotion | $0 |
| Office expenses | $27,726 |
| Information technology | $2,735 |
| Royalties | $0 |
| Occupancy | $20,921 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $132,793 |
| Interest | $335 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,410 |
| All other expenses | $0 |
| Total functional expenses | $409,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $209,411 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $273 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $654 |
| Prepaid expenses and deferred charges | $6,743 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $72,000 |
| Investments—program-related | $3,781,723 |
| Intangible assets | $0 |
| Other assets | $4,811 |
| Total assets | $4,075,715 |
| Accounts payable and accrued expenses | $37,605 |
| 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 | $98,190 |
| Other liabilities | $91,121 |
| Total liabilities | $226,916 |
| 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 |
| Total liabilities and net assets/fund balances | $3,848,799 |