Grassroot Institute Of Hawaii Inc
- Assets
- $708.1k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 10
- Location
- Honolulu, HI
- Founding
- 04/2001
- Data as of
- 12/2023
- EIN
- 99-0354937
Organization Overview
Grassroot Institute Of Hawaii Inc is located in Honolulu, HI. The organization was established in 2001. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Grassroot Institute Of Hawaii Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grassroot Institute Of Hawaii 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 12/2023, Grassroot Institute Of Hawaii Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 22.6% per year over the past 5 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O FOR ADDITIONAL INFORMATION. ALL CUTOFF RESPONSES ON RETURN ARE ON SCHEDULE O.THE GRASSROOT INSTITUTE OF HAWAII IS A NONPROFIT POLICY RESEARCH ORGANIZATION THAT SEEKS TO EDUCATE PEOPLE ABOUT THE PRINCIPLES OF INDIVIDUAL LIBERTY, ECONOMIC FREEDOM AND LIMITED, ACCOUNTABLE GOVERNMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUDGET AND SPENDING: HAWAII TAXPAYERS ARE CONSTANTLY BEING THREATENED BY HIGHER TAXES AT BOTH THE STATE AND COUNTY LEVELS. ALTHOUGH IT IS ESSENTIAL TO ASSESS TAXES TO PAY FOR PUBLIC SERVICES, THE COST OF RUNNING THE GOVERNMENT SHOULD NOT DISCOURAGE PEOPLE FROM WORKING AND CONTRIBUTE TO THE HIGH COST OF LIVING. THE GRASSROOT INSTITUTE OF HAWAII EDUCATES LAWMAKERS ON HOW TO BETTER SPEND PUBLIC RESOURCES AND WORKS ON REFORMING THE TAX CODE SO THAT TAXPAYERS WILL BE ABLE TO KEEP MORE OF THEIR HARD-EARNED MONEY.HOUSING: THOUSANDS OF FAMILIES HAVE BEEN LEAVING HAWAII EVERY YEAR IN SEARCH OF CHEAPER HOUSING ON THE MAINLAND, THANKS TO THE STATE'S ARTIFICIAL SCARCITY OF HOUSING RESULTING FROM ZONING AND OTHER RESTRICTIONS ON DEVELOPMENT. THE GRASSROOT INSTITUTE OF HAWAII IS DEDICATED TO EDUCATING HAWAII RESIDENTS ABOUT HOW TO MAKE IT EASIER TO BUILD LESS EXPENSIVE HOMES ON THE ISLANDS, SO RESIDENTS WILL WANT TO STAY HERE WITH THEIR FAMILIES.HEALTHCARE: HAWAII CONTINUES TO FACE A SEVERE HEALTHCARE SHORTAGE IN THE AREAS OF SERVICE PROVIDERS AND PRACTITIONERS. MUCH OF THE FAULT LIES IN BURDENSOME REGULATIONS THAT EITHER RESTRICT COMPETITION OR DISCOURAGE NURSES AND DOCTORS WHO WOULD LIKE TO PRACTICE HEALTHCARE. THE GRASSROOT INSTITUTE OF HAWAII COMMITS ITSELF TO EDUCATING HAWAII RESIDENTS ABOUT THE IMPORTANCE OF REFORMING THESE REGULATIONS TO ADDRESS HAWAII'S ACUTE NEED FOR HEALTHCARE PROFESSIONALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Stueber Chair | OfficerTrustee | 0.5 | $0 |
William K Akina President/ceo | OfficerTrustee | 40 | $164,189 |
Jonathan Durrett Vice Chair | OfficerTrustee | 0.5 | $0 |
Ed Kemp Treasurer | OfficerTrustee | 0.5 | $0 |
Mark Monoscalco Secretary | OfficerTrustee | 0.5 | $0 |
Robert W Hastings Member | Trustee | 0.5 | $0 |
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 | $1,640,591 |
| Noncash contributions included in lines 1a–1f | $139,819 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,640,591 |
| Total Program Service Revenue | $950 |
| Investment income | $12,530 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$12,719 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,647,168 |
| 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. | $188,884 |
| Compensation of current officers, directors, key employees. | $47,221 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $583,850 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $53,521 |
| Payroll taxes | $81,795 |
| Fees for services: Management | $22,350 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,652 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $260,498 |
| Advertising and promotion | $158,950 |
| Office expenses | $24,718 |
| Information technology | $61,742 |
| Royalties | $0 |
| Occupancy | $73,792 |
| Travel | $67,425 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,958 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,810 |
| Insurance | $18,709 |
| All other expenses | $1,841 |
| Total functional expenses | $1,716,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,519 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $106,532 |
| 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 | $47,721 |
| Investments—publicly traded securities | $482,295 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $708,067 |
| Accounts payable and accrued expenses | $13,880 |
| 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 | $13,880 |
| 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 | $694,187 |
| Total liabilities and net assets/fund balances | $708,067 |