Kauai Economic Opportunity Incorporated
- Assets
- $3.1m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 49
- Location
- Lihue, HI
- Founding
- 12/1975
- Data as of
- 06/2022
- EIN
- 99-0112851
Organization Overview
Kauai Economic Opportunity Incorporated is located in Lihue, HI. The organization was established in 1975. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2023, Kauai Economic Opportunity Incorporated employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kauai Economic Opportunity Incorporated 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 06/2022, Kauai Economic Opportunity Incorporated generated $3.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $3.7m during the year ending 06/2022. While expenses have increased by 3.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ITS PURPOSE IS TO ACT AS THE OFFICIAL COMMUNITY ACTION AGENCY FOR KAUAI COUNTY, STATE OF HAWAII, IN ORDER TO FULFILL THE REQUIREMENTS OF THE ECONOMIC OPPORTUNITY ACT OF 1964, AS AMENDED. PROGRAM SERVICES INCLUDE FOOD SERVICES AND NUTRITION, HUMAN AND OTHER SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD SERVICES AND NUTRITION -- THE FOOD SERVICE PROGRAM PREPARES AND DISTRIBUTES MEALS THAT MEET USDA REGULATIONS OF NEEDY PRESCHOOL CHILDREN AND THE ELDERLY. THE FOOD SERVICE KITCHEN IS OPEN MONDAY - FRIDAY FROM 6:00 AM TO 4:15 PM. PRIOR TO COVID-19 RESTRICTIONS, THEY PREPARED 500 - 600 MEALS DAILY.THE ELDERLY NUTRITION PROGRAM PROVIDES USDA CERTIFIED MEALS TO 6 CONGREGATE ELDERLY SITES (TEMPORARILY CLOSED DUE TO COVID 19) AND DOOR TO DOOR MEALS FOR THE HOMEBOUND ELDERLY, MONDAY - FRIDAY. THEY SERVED 497 ELDERLY INDIVIDUALS FOR THE YEAR.
HUMAN SERVICES -- INCLUDES COMMUNITY SERVICES BLOCK GRANT PROGRAM. OBJECTIVE IS TO AMELIORATE THE CAUSES AND CONSEQUENCES OF POVERTY.
OTHER SERVICES -- INCLUDES MEDIATION AND HEALTH PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Robertson Chair | OfficerTrustee | 1 | $0 |
Kevin Murphy Treasurer | OfficerTrustee | 1 | $0 |
Lola Cruz Director | Trustee | 1 | $0 |
Yvonne Foster Director | Trustee | 1 | $0 |
Loel Kaikuaana Director | Trustee | 1 | $0 |
Arryl Kaneshiro Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $25,887 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,407,711 |
| All other contributions, gifts, grants, and similar amounts not included above | $56,910 |
| Noncash contributions included in lines 1a–1f | $3,167 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,490,508 |
| Total Program Service Revenue | $1,108,684 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$43,595 |
| 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 | $3,555,611 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,898 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $230,286 |
| Compensation of current officers, directors, key employees. | $72,099 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,236,831 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,386 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $611,792 |
| Advertising and promotion | $0 |
| Office expenses | $258,700 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $125,136 |
| Travel | $25,131 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,867 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $205,612 |
| Insurance | $32,997 |
| All other expenses | $5,197 |
| Total functional expenses | $3,708,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $400,946 |
| Savings and temporary cash investments | $69,345 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $778,989 |
| 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 | $16,704 |
| Net Land, buildings, and equipment | $1,785,912 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,051,896 |
| Accounts payable and accrued expenses | $436,683 |
| Grants payable | $0 |
| Deferred revenue | $181,321 |
| 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 | $676,687 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $78,582 |
| Total liabilities | $1,373,273 |
| Net assets without donor restrictions | $1,620,288 |
| Net assets with donor restrictions | $58,335 |
| 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 | $3,051,896 |