Seagull Schools Inc
- Assets
- $23.1m
- Revenue
- $12.5m
- Investments
- $0.0
- Employees
- 188
- Location
- Kailua, HI
- Founding
- 01/1974
- Data as of
- 06/2022
- EIN
- 99-0155163
Organization Overview
Seagull Schools Inc is located in Kailua, HI. The organization was established in 1974. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 06/2022, Seagull Schools Inc employed 188 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seagull Schools Inc 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, Seagull Schools Inc generated $12.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $8.6m during the year ending 06/2022. 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 MEET THE EDUCATIONAL AND ELDERLY CARE NEEDS OF HAWAII'S DIVERSE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEAGULL SCHOOLS CONTINUES TO EXPERIENCE A STEADY RECOVERY FROM THE PANDEMIC, IN PARTICULAR, OUR STUDENT ENROLLMENT AT ALL FIVE CENTER LOCATIONS HAS RETURNED TO APPROXIMATELY EIGHTY PERCENT OF OUR PRE-PANDEMIC ENROLLMENT LEVELS, OR ABOUT 800 STUDENTS IN FY22. THIS IS VERY SIGNIFICANT IN THAT IT HAS ENSURED A MORE STABLE REVENUE STREAM. SEAGULL SCHOOLS CONTINUES TO PROVIDE A LEADERSHIP ROLE ON THE STATE LEVEL BY PARTICIPATING IN THE PUBLIC PRE-K EXPANSION, STATE EARLY LEARNING BOARD, LIEUTENANT GOVERNOR'S READY KEIKI INITIATIVE, COMMIT TO KEIKI AND CHILDCARE BUSINESS COALITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Doyle President | OfficerTrustee | 10 | $0 |
Keane Omaye-Backman Vice President | OfficerTrustee | 10 | $0 |
Cheryl Soon Treasurer | OfficerTrustee | 10 | $0 |
Maeda Timson Secretary | OfficerTrustee | 10 | $0 |
Shannon Alivado Director | Trustee | 2 | $0 |
Michael Buck Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,536,984 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,102 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,564,086 |
| Total Program Service Revenue | $8,905,178 |
| Investment income | $142 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,575 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,473,981 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $392,362 |
| Compensation of current officers, directors, key employees. | $244,235 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,201,906 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,053,485 |
| Payroll taxes | $344,327 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $282,776 |
| Advertising and promotion | $17,737 |
| Office expenses | $162,732 |
| Information technology | $3,201 |
| Royalties | $0 |
| Occupancy | $212,270 |
| Travel | $13,007 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,484 |
| Interest | $141,501 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $413,217 |
| Insurance | $105,473 |
| All other expenses | $146,420 |
| Total functional expenses | $8,620,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,893,445 |
| Savings and temporary cash investments | $1,238,011 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,717 |
| 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 | $133,207 |
| Net Land, buildings, and equipment | $12,796,229 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,079,609 |
| Accounts payable and accrued expenses | $490,622 |
| Grants payable | $0 |
| Deferred revenue | $2,912,813 |
| 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 | $3,197,207 |
| Other liabilities | $589,029 |
| Total liabilities | $7,189,671 |
| Net assets without donor restrictions | $15,889,938 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $23,079,609 |