Iolani School is located in Honolulu, HI. The organization was established in 1942. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Iolani School employed 992 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iolani School 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, Iolani School generated $96.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $75.3m during the year ending 06/2021. While expenses have increased by 5.0% per year over the past 6 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP EDUCATED, WELL-ROUNDED INDIVIDUALS WHO ARE WELL PREPARED FOR COLLEGE.
Describe the Organization's Program Activity:
'IOLANI WAS FOUNDED IN 1863 AFTER KING KAMEHAMEHA IV AND QUEEN EMMA SET OUT TO ESTABLISH AN ANGLICAN CHURCH IN HAWAII. THE SCHOOL WAS ROOTED IN THREE SMALL SCHOOLS - A LAHAINA SCHOOL ON THE ISLAND OF MAUI, ST. ALBAN'S COLLEGE AND 'IOLANI COLLEGE - FORMED DURING HAWAII'S MONARCHY DAYS.THE SCHOOL'S CAMPUS WAS ONCE LOCATED ON THE GROUNDS OF ST. ANDREW'S CATHEDRAL, MOVED TO NU'UANU, AND THEN FINALLY RELOCATED IN 1946 TO ITS PRESENT 25-ACRE PROPERTY. 'IOLANI WAS ORIGINALLY AN ALL-BOYS SCHOOL, BUT BECAME CO-EDUCATIONAL IN 1979.TODAY, 'IOLANI'S ENROLLMENT HAS GROWN TO APPROXIMATELY 2,020 STUDENTS, WITH ROUGHLY 1,370 IN GRADES 7 - 12. THERE ARE APPROXIMATELY 382 FULL-TIME FACULTY AND STAFF DEDICATED TO STUDENTS FROM DIVERSE BACKGROUNDS ENROLLED IN GRADES K - 12. ROUGHLY 700 PART-TIME OR SEASONAL TEACHERS, AIDES, COACHES, AND STAFF SUPPLEMENT THE SCHOOL'S EXPANSIVE AFTER-SCHOOL, SUMMER, PERFORMING ARTS, ATHLETIC AND EXTRACURRICULAR PROGRAMS. THE SCHOOL'S FACULTY IS HIGHLY QUALIFIED AND COMMITTED TO THEIR STUDENTS WITH RELATIONAL TEACHING A HIGH PRIORITY. TEACHERS ARE ENCOURAGED TO ATTEND CONFERENCES EITHER LOCALLY OR NATIONALLY TO STAY ABREAST OF CURRENT AND EFFECTIVE PEDAGOGIES.'IOLANI SCHOOL IS A PRIVATE SCHOOL YET SERVES THE PUBLIC PURPOSE OF REACHING OUT TO THE COMMUNITY AS WELL AS BEING A RESOURCE FOR OTHER ORGANIZATIONS. THE SCHOOL IS INCREASINGLY BECOMING MORE GLOBAL AS STUDENTS ARE CONNECTED BY TECHNOLOGY TO OTHER PARTS OF THE WORLD.IN THE SUMMER OF 2019, THE SCHOOL'S KA'I PROGRAM CELEBRATED ITS 10TH ANNIVERSARY OF SERVING UNDERPRIVILEGED YOUTH IN NEARBY PALOLO VALLEY. THIS PROGRAM BEGAN AS A SUMMER PROGRAM FOR STUDENTS ATTENDING JARRETT MIDDLE SCHOOL, A PUBLIC SCHOOL IN PALOLO. KA'I NOW INCLUDES A SUMMER DAY CARE PROGRAM, AFTER SCHOOL TUTORING DURING THE REGULAR SCHOOL YEAR, AND POST-SECONDARY EDUCATION SUPPORT.IN 2019, 'IOLANI RECEIVED A PRESTIGIOUS EE FORD FOUNDATION EDUCATIONAL LEADERSHIP GRANT FOR ITS AINA-INFORMATICS NETWORK PROGRAM WHICH AIMS TO PROVIDE SCHOOLS WITH THE TOOLS AND RESOURCES TO TEACH GENOME SCIENCE.IN THE FALL OF 2013, THE SCHOOL OPENED THE SULLIVAN CENTER FOR INNOVATION AND LEADERSHIP, A FOUR-STORY, 40,000 SQUARE FOOT GREEN DESIGNED BUILDING OFFERING COLLABORATIVE LEARNING SPACES WHERE STUDENTS LEARN TO BE EFFECTIVE LEADERS THROUGH COURSES EMPHASIZING EMPATHY, INTERPERSONAL COMMUNICATION AND REAL-WORLD PROBLEMS SOLVING. THE BUILDING INCLUDES A FABRICATION LAB AND MAKER SPACES, A LIBRARY WITH COLLABORATION ROOMS, FLEXIBLE OPEN LEARNING SPACES, A WET LAB, A MEDIA CENTER, A SEMINAR ROOM, AND A ROOFTOP GARDEN. THE CENTER IS ALSO A COMMUNITY RESOURCE FOR VARIOUS LOCAL AND NATIONAL GROUPS.'IOLANI UPHOLDS HIGH STANDARDS OF ACADEMIC EXCELLENCE AND IS CONSIDERED AMONGST THE EDUCATIONAL LEADERS IN HAWAII AND AROUND THE WORLD. THE SCHOOL MAINTAINS A HEALTHY FINANCIAL PORTFOLIO AND ATTEMPTS TO KEEP TUITION AS LOW AS POSSIBLE. TUITION COVERS APPROXIMATELY 75% OF THE COST OF EDUCATING A CHILD WITH INTEREST INCOME FROM THE SCHOOL'S ENDOWMENT AND FUNDRAISING COVERING THE DIFFERENCE BETWEEN TUITION AND THE ACTUAL COST.2013-14 WAS THE FIRST YEAR OF FULL IMPLEMENTATION OF THE I-DEPARTMENT, WHICH PROVIDES STUDENTS WITH ELECTIVES AKIN TO COLLEGE-LEVEL COURSES THAT INSPIRE INNOVATION AND ENTREPRENEURSHIP. THESE CLASSES INCLUDE DESIGN AND FABRICATION, IPAD APP DESIGN AND DEVELOPMENT, APPLIED RENEWABLE ENERGY SYSTEMS, ROBOTICS, THE ONE-MILE CLASS, AND VIDEO GAME DESIGN. IN ADDITION, THE SCHOOL MAINTAINS OUTSTANDING ACADEMIC PROGRAMS IN ENGLISH, WORLD LANGUAGES (CHINESE, JAPANESE, SPANISH, FRENCH, LATIN, AND HAWAIIAN), HEALTH EDUCATION, HISTORY, MATHEMATICS, PERFORMING ARTS, PHYSICAL EDUCATION, RELIGION, SCIENCE AND ATHLETICS. THERE IS AN ACTIVE STUDENT ACTIVITIES OFFICE AND EACH APRIL, 'IOLANI HOLDS A TWO-DAY COMMUNITY FAIR PROVIDING AN OPPORTUNITY TO RAISE FUNDS TO SUPPORT STUDENT TRAVEL INITIATIVES.A RESIDENTIAL HALL AND BOARDING PROGRAM, WITH A CAPACITY FOR 112 STUDENTS, OPENED IN THE 2018-19 SCHOOL YEAR. THE SCHOOL ALSO OPENED A NEW K - 1 COMMUNITY FEATURING LARGE, OPEN CLASSROOMS AND A NATURAL PLAYGROUND THAT ENCOURAGES IMAGINATION AND CREATIVITY IN THE SUMMER OF 2019. IN THE SUMMER OF 2020, THE SCHOOL OPENED TWO NEW BUILDINGS IN ITS LOWER SCHOOL, INCLUDING EXPANDED LEARNING SPACES FOR SCIENCE, RELIGION, READING, TECHNOLOGY, DANCE, AND MUSIC.STUDENT TRAVEL IS A LARGE PART OF THE 'IOLANI EXPERIENCE AS WELL, PROVIDING HANDS-ON EXPERIENCES WITH DIFFERENT CULTURES AND OPPORTUNITIES FOR DEVELOPING GLOBAL CITIZENS. SOME PROGRAMSINCLUDE THEATER STUDENTS PERFORMING AT THE EDINBURGH FRINGE FESTIVAL IN SCOTLAND, THE ORCHESTRA PERFORMING AT THE LONDON INVITATIONAL SERIES, COLLEGE TOURS TO THE EAST AND WEST COASTS, ECONOMICS TEAM COMPETING IN NEW YORK CITY IN THE NATIONAL ECONOMICS BOWL, AND A WEEKLONG EXCHANGE PROGRAM WITH TSINGHUA HIGH SCHOOL IN BEIJING, CHINA, AND A SERVICE-LEARNING TRIP TO INDIA.'IOLANI STUDENTS ARE SEEN AS LEADERS IN THE COMMUNITY AND ARE DEDICATED TO COMMUNITY SERVICE. STUDENT ACCOMPLISHMENTS INCLUDE STATE AND NATIONAL RECOGNITION IN COMPETITIONS SUCH AS THE SUPER SCIENCE FAIR, HONG KONG UNIVERSITY REAL WORLD DESIGN COMPETITION, MATH LEAGUE, SPEECH AND DEBATE, ROBOTICS, MUSIC, ART. NINETY-NINE PERCENT OF SENIORS ATTEND COLLEGE, INCLUDING HIGHLY SELECTIVE UNIVERSITIES SUCH AS STANFORD, HARVARD, YALE, NEW YORK UNIVERSITY, GEORGETOWN AND OTHERS.DURING THE SUMMER, STUDENTS FROM THROUGHOUT THE STATE AND AROUND THE WORLD ENROLL IN CLASSES. 'IOLANI OFFERS AN EXTENSIVE SUMMER AND AFTER SCHOOL PROGRAM WITH REINFORCEMENT, ENRICHMENT, ELECTIVE AND CREDIT COURSES. THE SUMMER OF 2019 WAS THE FIRST SUMMER THAT A RESIDENTIAL PROGRAM WAS OFFERED TO STUDENTS AGES 11 - 17. STUDENTS FROM HAWAII, THE NEIGHBOR ISLANDS, THE U.S. MAINLAND, AND ASIA ATTENDED THE PROGRAM. ALUMNI NOW ATTENDING COLLEGE RETURNED TO LIVE IN THE DORM AND WORK AS RESIDENTIAL ASSISTANTS.'IOLANI SCHOOL IS ACCREDITED BY THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES, AND LICENSED BY THE HAWAII COUNCIL OF PRIVATE SCHOOLS.
'IOLANI OFFERS AN EXTENSIVE SUMMER AND AFTER SCHOOL PROGRAM WITH REINFORCEMENT, ENRICHMENT, ELECTIVE AND CREDIT COURSES. THESE COURSES ARE OPEN TO STUDENTS FROM ALL SCHOOLS AND ARE AVAILABLE ON A FIRST COME FIRST SERVE REGISTRATION BASIS. FROM DANCE, PHYSICAL EDUCATION, ART, MATH, READING, ROBOTICS, VIDEO GAME DESIGN, SAT PREPARATION CLASSES, MORE THAN 3,500 STUDENTS ENROLL EACH YEAR IN 'IOLANI'S SUMMER AND SPECIAL PROGRAMS. MANY STUDENTS COME FROM THE U.S. MAINLAND AND ASIA TO ENROLL THEIR CHILDREN IN 'IOLANI'S SUMMER PROGRAMS, WHICH UTILIZES TEACHERS WHO ARE EMPLOYED BY 'IOLANI, OTHER INDEPENDENT SCHOOLS, AND PUBLIC SCHOOLS. IN ADDITION, THE KA'I PROGRAM IS A SUMMER MENTORING PARTNERSHIP BETWEEN 'IOLANI AND JARRETT MIDDLE SCHOOL, A NEIGHBORING PUBLIC MIDDLE SCHOOL. THE PERFORMING ARTS DEPARTMENT AT 'IOLANI OFFERS ORCHESTRA, DANCE (HULA, BALLET, JAZZ), STAGE BAND, MARCHING BAND, JAZZ BAND, THEATER, MUSICAL THEATER, AND CHOIR. THESE DIFFERENT DISCIPLINES SHOWCASE THEIR STUDENTS' ABILITIES THROUGH PERFORMANCES HELD EITHER ON CAMPUS OR AT THEATERS AND OTHER VENUES IN THE COMMUNITY. THESE GROUPS ALSO TRAVEL TO THE MAINLAND AND FOREIGN COUNTRIES TO PERFORM. A FALL PLAY AND SPRING MUSICAL ARE PRESENTED EACH YEAR AND AUDITIONS ARE OPEN TO ALL STUDENTS INUPPER SCHOOL AND, IF REQUIRED BY THE PRODUCTION, THE LOWER SCHOOL. GUEST ARTISTS/TEACHERS VISIT THE SCHOOL THROUGH SPONSORSHIP UNDER THE TAM & YOUNG ARTS CHAIR.
'IOLANI IS A MEMBER OF THE INTERSCHOLASTIC LEAGUE OF HONOLULU (ILH). ALL PARTICIPANTS ARE EXPECTED TO FULFILL ALL ATHLETIC REQUIREMENTS, TO DISPLAY GOOD SPORTSMANSHIP, AND TO FOLLOW THE PROGRAM SET FORTH BY COACHES AND THE ATHLETIC DEPARTMENT. THERE ARE 17 VARSITY SPORTS FOR BOYS AND GIRLS, AS WELL AS MANY SPORTS IN THE JUNIOR VARSITY AND INTERMEDIATE GRADE LEVELS.FOR THE LOWER GRADE LEVELS, 'IOLANI PARTICIPATES IN THE CHRISTIAN SCHOOLS ATHLETIC LEAGUE FOR BASKETBALL AND BASEBALL. THERE ARE ALSO OPPORTUNITIES FOR YOUNGSTERS TO PARTICIPATE IN INTRAMURAL SPORTS.THE CAMPUS HOSTS NUMEROUS ATHLETIC TOURNAMENTS AND SPORTING GAMES, WHICH SCHOOLS AND TEAMS FROM ACROSS THE STATE AND AROUND THE WORLD PARTICIPATE IN. SOME EXAMPLES OF HOW THE SCHOOL SHARES ITS RESOURCES INCLUDE: THE 'IOLANI CLASSIC BASKETBALL TOURNAMENT, STATE FORENSICS TOURNAMENT, 'IOLANI INVITATIONAL CROSS COUNTRY MEET, HAWAII EDUCATIONAL SUMMIT, AND MANY MORE.
COLLEGE COUNSELING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timothy R Cottrell Head Of School, Ex Officio | OfficerTrustee | 40 | $569,903 |
Kimberly Hagi Executive Dir. Of Advancement | 40 | $241,311 | |
Reid Gushiken Chief Financial Officer | Officer | 40 | $238,185 |
Aster Chin Dean Of Upper School | 40 | $203,600 | |
Burl Brown Dean Of Students | 40 | $170,424 | |
Zachary Linnert Associate Dean Of Lower School | 40 | $166,283 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
P3 Management Llc Project Management | 6/29/21 | $109,646 |
Kpmg Llp Accounting Services | 6/29/21 | $132,411 |
Group 70 International Architecture Service | 6/29/21 | $104,466 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $68,811 |
Related organizations | $38,580 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $11,202,099 |
Noncash contributions included in lines 1a–1f | $194,485 |
Total Revenue from Contributions, Gifts, Grants & Similar | $11,309,490 |
Total Program Service Revenue | $59,636,590 |
Investment income | $4,259,980 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $46,127 |
Net Gain/Loss on Asset Sales | $21,227,045 |
Net Income from Fundraising Events | $47,181 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $45,076 |
Miscellaneous Revenue | $0 |
Total Revenue | $96,713,611 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $7,227,381 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,133,996 |
Compensation of current officers, directors, key employees. | $593,569 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $33,582,269 |
Pension plan accruals and contributions | $2,996,080 |
Other employee benefits | $7,016,271 |
Payroll taxes | $2,727,334 |
Fees for services: Management | $0 |
Fees for services: Legal | $10,055 |
Fees for services: Accounting | $112,312 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $457,581 |
Fees for services: Other | $300,865 |
Advertising and promotion | $136,482 |
Office expenses | $3,353,820 |
Information technology | $515,954 |
Royalties | $0 |
Occupancy | $3,813,055 |
Travel | $123,315 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,398,927 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,913,618 |
Insurance | $1,480,276 |
All other expenses | $690,938 |
Total functional expenses | $75,252,375 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,300 |
Savings and temporary cash investments | $1,957,096 |
Pledges and grants receivable | $2,697,814 |
Accounts receivable, net | $102,381 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $171,606 |
Prepaid expenses and deferred charges | $1,855,493 |
Net Land, buildings, and equipment | $130,396,150 |
Investments—publicly traded securities | $248,581,325 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,826,691 |
Total assets | $388,589,856 |
Accounts payable and accrued expenses | $7,365,752 |
Grants payable | $0 |
Deferred revenue | $3,361,977 |
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 | $57,412,371 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $15,234,840 |
Total liabilities | $83,374,940 |
Net assets without donor restrictions | $226,340,138 |
Net assets with donor restrictions | $78,874,778 |
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 | $388,589,856 |
Over the last fiscal year, we have identified 2 grants that Iolani School has recieved totaling $8,200.
Awarding Organization | Amount |
---|---|
S S Fook Sing Foundation Honolulu, HI PURPOSE: TO SUPPORT THE EDUCATIONAL PURPOSE OF THE SCHOOL | $8,000 |
Yamashita Foundation Of Hawaii Honolulu, HI PURPOSE: ANNUAL FUND OF SCHOLARSHIPS | $200 |
Beg. Balance | $183,524,418 |
Earnings | $52,886,557 |
Net Contributions | $1,654,209 |
Grants | $9,945,970 |
Ending Balance | $228,119,214 |
Organization Name | Assets | Revenue |
---|---|---|
Trustees Of The Estate Of Bernice Pauahi Bishop Honolulu, HI | $11,860,305,202 | $1,626,952,465 |
Aspire Public Schools Oakland, CA | $207,841,845 | $233,476,749 |
Punahou School Honolulu, HI | $664,536,262 | $122,251,506 |
Harvard-Westlake School Studio City, CA | $519,427,126 | $134,983,009 |
The Harker School San Jose, CA | $301,623,113 | $112,065,304 |
Taipei American School Foundation Los Angeles, CA | $200,440,067 | $84,912,591 |
Roessler-Chadwick Foundation Palos Verdes Peninsula, CA | $148,653,684 | $85,001,982 |
Antelope Valley Learning Academy Inc Valencia, CA | $39,011,789 | $89,911,071 |
Iolani School Honolulu, HI | $388,589,856 | $96,713,611 |
Valley Christian Schools San Jose, CA | $114,034,879 | $67,792,442 |
Crossroads School For Arts And Sciences Santa Monica, CA | $228,466,642 | $71,695,660 |
Brentwood School Los Angeles, CA | $181,845,528 | $61,517,128 |