2025-06-30T18:53:29-04:00 2024-08-31 990272757 AKAMINE OYADOMARI & KOSAKI CPAS INC 1601 KAPIOLANI BLVD STE 1140 HONOLULU HI 96814 990 2023-09-01 990075242 KCAA PRESCHOOLS OF HAWAII KCAA 8089419414 2707 SOUTH KING STREET HONOLULU HI 96826 CHRISTINA COX PRESIDENT 8089419414 2025-06-27 true KRYSTAL CHING P01258469 8089410500 2025-06-27 2023 2025-03-06 01:10:19Z CHRISTINA COX 2707 SOUTH KING STREET HONOLULU HI 96826 8091043 false X WWW.KCAAPRESCHOOLS.ORG X 1895 HI TO BUILD A SOLID FOUNDATION FOR HAWAII'S CHILDREN THROUGH EXCELLENT EARLY EDUCATION PROGRAMS. 11 11 92 25 0 1166175 1423746 6332667 6488345 279052 172352 29813 6600 7807707 8091043 601038 114262 0 4301142 4118478 31414 0 0 3810729 3427614 8744323 7660354 -936616 430689 20099318 19615825 1468502 1671794 18630816 17944031 X THE MISSION OF KCAA IS TO BUILD A SOLID FOUNDATION FOR HAWAII'S CHILDREN THROUGH EXCELLENT EARLY EDUCATION PROGRAMS. false true 5722936 114262 6488345 PROVIDING A NURTURING AND DEVELOPMENTALLY APPROPRIATE LEARNING ENVIROMENT FOR CHILDREN BETWEEN THE AGES OF 2 YEARS AND 6 YEARS. 5722936 true true false false false false false false false true true false false true true true true false true false false false false false false false false false true true false false false false false false false false false false false false false false false false false true X 15 0 true 92 true false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true true false X CHRISTINA COX 8089419414 2707 SOUTH KING STREET HONOLULU HI 96826 CHRISTINA COX PRESIDENT 60.00 X 151970 0 0 JEFFERY DINSMORE CHAIRMAN 1.00 X X 0 0 0 ALAN S ITO VICE CHAIRMA 1.00 X X 0 0 0 SUSAN E YAMADA SECRETARY 1.00 X X 0 0 0 CHARLES G BRADEN JR TREASURER 1.00 X X 0 0 0 PIIA AARMA TRUSTEE 1.00 X 0 0 0 ALAN H ARIZUMI TRUSTEE 1.00 X 0 0 0 ELIZABETH A CHUN TRUSTEE 1.00 X 0 0 0 MARK H FUKUNAGA TRUSTEE 1.00 X 0 0 0 PAUL F MORGAN TRUSTEE 1.00 X 0 0 0 CHISTOPHER R DANG TRUSTEE 1.00 X 0 0 0 BENJAMIN ANCHETA JR TRUSTEE 1.00 X 0 0 0 KIMO STEINWASCHER THRU JUNE 2024 TRUSTEE 1.00 X 0 0 0 151970 1 false true false HI EMPLOYMENT 745 FORT STREET SUITE 124 HONOLULU HI 96813 SUBS. TEACHER 461977 CULINARY FLIGHT PO BOX 1290 KAILUA HI 96734 CATERING SERVIC 457674 ROBERT HALF 737 BISHOP ST 2550 HONOLULU HI 96813 ACCOUNTING SVCS 186669 RESOURCES GLOBAL PROFESSIONALS 1050 BISHOP ST 490 HONOLULU HI 96813 ACCOUNTING SVCS 158995 ANAGO HAWAII 2033 KALANI ST HONOLULU HI 96819 CLEANING SERV. 140966 7 1087642 336104 1423746 PRESCHOOL SERVICE FEE 611600 6488345 6488345 6488345 123811 123811 6600 6600 6600 6600 48541 48541 48541 48541 8091043 6488345 178952 X 114262 114262 235378 183169 52209 3174598 2470441 704157 18822 15174 3648 405361 327437 77924 284319 196214 88105 58550 28453 30097 26823 13035 13788 179757 87356 92401 15441 15441 1094772 532024 562748 11211 8412 2799 174570 141661 32909 114027 55413 58614 259256 222038 37218 3210 39 3171 50262 38331 11931 220680 167717 52963 187870 184267 3603 FOOD SUPPLIES 542576 542576 BUILDINGS & GROUNDS MAINT 239318 234514 4804 BANK FEES 118620 75716 42904 EQUIPMENT REPAIRS AND MAI 49527 43193 6334 81144 41494 39650 7660354 5722936 1937418 0 2000 2000 1529271 3636092 38231 180771 106020 89907 7598510 4157068 4292145 3441442 3625152 2925643 10506499 9339970 20099318 19615825 180509 682924 633021 531836 654972 457034 1468502 1671794 X 14508018 6689169 4122798 11254862 18630816 17944031 20099318 19615825 X 430689 306714 -528882 -895306 X false true true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3494277 851554 232006 4113825 3300567 238856 45146 3494277 3386311 144256 230000 3300567 3409164 112147 135000 3386311 3845405 118759 555000 3409164 0.58130 0.41870 false false 73601 73601 4507133 2029496 2477637 948913 396425 552488 1925579 1612517 313062 143284 118630 24654 3441442 CONTRIBUTED RENT 9339970 9339970 ACCRUED VACATION 224245 OTHER NON-CURRENT LIABILITIES 163929 ACCRUED PAYROLL & RELATED EXP 68860 457034 X 8283495 306714 -114262 192452 8091043 8091043 8074974 528882 528882 7546092 114262 114262 7660354 SCHEDULE D, PAGE 2, PART V, LINE 4 TO FULFILL SPECIFIC PURPOSES AS REQUESTED BY GRANTORS (TUITION ASSISTANCE FOR LOW INCOME FAMILIES, PRESCHOOL TUITION AID FOR THE ORGANIZATIONS FAMILIES AND CHILDREN IN NEED, AND GENERAL OPERATIONS OF THE ORGANIZATIONS FACILITIES) SCHEDULE D, PAGE 3, PART X KCAA IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. KCAA HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE. KCAA IS NOT SUBJECT TO INCOME TAXES IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF HAWAII. TAX REGULATIONS WITHIN EACH JURISDICTION ARE SUBJECT TO INTERPRETATION OF THE RELATED TAX LAWS AND REGULATIONS AND REQUIRE SIGNIFICANT JUDGEMENT TO APPLY. KCAA RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF IT IS MORE- LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE TAX POSITION. THE TAX EFFECTS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST AMOUNT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. ANY INTEREST OR PENALTIES RELATED TO ANY UNRECOGNIZED TAX BENEFIT/LIABILITY ARE CLASSIFIED AS MANAGEMENT AND GENERAL EXPENSES. KCAA EVALUATED ITS TAX POSITIONS AND DETERMINED THERE WERE NO UNCERTAIN TAX POSITIONS AT AUGUST 31, 2024. ACCORDINGLY, THERE ARE NO INTEREST OR PENALTIES RECOGNIZED DURING THE YEARS ENDED AUGUST 31, 2024. KCAA'S 2021 TO 2024 RETURNS FOR ORGANIZATIONS EXEMPT FROM INCOME TAXES ARE SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. SCHEDULE D, PAGE 4, PART XI, LINE 2D TUITION AID -114,262 SCHEDULE D, PAGE 4, PART XII, LINE 4B TUITION AID 114,262 SCHEDULE D, PAGE 4, PART XIII PART V, LINE 1C(A) - CURRENT YEAR NET INVESTMENT EARNINGS, GAINS, AND LOSSES TOTALING 851,554 INCLUDES A 372,488 ADJUSTMENT TO PROPERLY STATE THE BEGINNING OF YEAR ENDOWMENT FUND BALANCE. SUBSEQUENT TO THE FILING OF THE ORGANIZATION'S FYE 8/31/2023 FORM 990, THE AUDIT WAS COMPLETED AND THE FINAL AUDIT REPORT WAS ISSUED. ENDOWMENT NET ASSETS AS OF 8/31/2023 PER THE FINAL AUDITED FINANCIALS WAS 372,488 HIGHER THAN ENDOWMENT NET ASSETS AS OF 8/31/2023 PER THE FORM 990 FILED. true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 INCLUDED ON THE ORGANIZATIONS ADVERTISEMENTS. SCHEDULE E, LINE 6 LINE 6 - EXPLANATION OF GOVERNMENT FINANCIAL AID: THE ORGANIZATION RECEIVES A GOVERNMENT GRANT FROM THE USDA NUTRITION PROGRAM. THE USDA NUTRITION PROGRAM PROVIDES SUBSIDIZED WELL-BALANCED AND NUTRITIOUS MEALS FOR CHILDREN IN CHILD CARE FACILITIES. IN JUNE 2024, KCAA RECEIVED A FEDERAL SUPPLEMENTAL CHILD CARE GRANT UNDER THE AMERICAN RESCUE PLAN ACT'S (ARPA) SUPPLEMENTAL DISCRETIONARY FUNDS PROGRAM IN THE AMOUNT OF 845,350.00 (FEDERAL AWARD ID NUMBER 2101HICSC6). THIS GRANT WAS INTENDED TO PROVIDE SUPPLEMENTAL FINANCIAL ASSISTANCE TO LICENSED CHILD CARE PROVIDERS EXPERIENCING FINANCIAL HARDSHIP AND CHILD CARE MARKET INSTABILITY DUE TO THE COVID-19 PANDEMIC, WITH GRANT FUNDS INTENDED TO COVER THE FINANCIAL OBLIGATIONS OF MAINTAINING CONTINUING SAFE OPERATIONS, PREVENTING ADDITIONAL PERMANENT CLOSURES, AND RETAINING CLASSROOM STAFF. true TUITION ASSISTANCE GRANT 1 14571 EMPLOYEE TUITION DISCOUNT 3 24252 PROMOTIONAL TUITION DISCO 107 75439 SCHEDULE I, PAGE 1, PART I, LINE 2 KCAA MONITORS THE USE OF ITS GRANTS THROUGH AN APPLICATION AND REVIEW PROCESS. APPLICATIONS ARE ACCEPTED AT ANY TIME THROUGHOUT THE SCHOOL YEAR. FAMILIES WHO WOULD LIKE CONSIDERATION FOR TUITION AID FOR THE CHILD(REN) MUST FIRST COMPLETE A TUITION AID APPLICATION FORM ALONG WITH SUPPORTING DOCUMENTATION. THE CENTER DIRECTORS CONDUCT THE INITIAL REVIEW OF THE APPLICATIONS. APPLICATIONS ARE THEN REVIEWED AND EVALUATED BY THE TUITION AID SPECIALIST AT THE ADMINISTRATIVE OFFICE. EVALUATION OF TUITION AID IS BASED ON AN INTERNAL ELIGIBILITY SCALE USING STATE POVERTY INDEX, INCOME AND FAMILY SIZE. THE LEGAL GUARDIAN MUST BE EMPLOYED A MINIMUM AMOUNT OF HOURS PER WEEK OR BE AN ENROLLED STUDENT. ALL AWARDS MUST BE GIVEN FINAL APPROVAL BY THE PRESIDENT. FINANCIAL AID IS RENEWABLE ON AN ANNUAL BASIS. PART III, COLUMN (A): (A) TYPE OF GRANT OR ASSISTANCE: PROMOTIONAL TUITION DISCOUNT - SIBLING - 10% DISCOUNT FOR FAMILIES WITH MORE THAN 1 CHILD ATTENDING THE ORGANIZATION. PROMOTIONAL TUITION DISCOUNT - MYPROCARE - 50 OFF PER ACCOUNT. X X false false false false false false false false false CHRISTINA COX PRESIDENT 151970 151970 FORM 990 FORM 990, PART IV, LINE 12A AND PART XII, LINE 2B: KCAA'S FINANCIAL STATEMENTS HAVE BEEN AUDITED BY AN INDEPENDENT ACCOUNTANT. PRELIMINARY AUDIT REPORT PRESENTED TO KCAA BOARD ON 4/29/25 AND FINAL AUDIT REPORT WAS APPROVED BY THE KCAA BOARD ON 5/27/25. FORM 990, PAGE 2, PART III, LINE 3 DUE TO TEACHER SHORTAGES AND LOW ENROLLMENT, KCAA'S WAI KAHALA PRESCHOOL WAS CLOSED EFFECTIVE 12/31/2023. FORM 990, PART V LINE 7G: THE ORGANIZATION DID NOT RECEIVE ANY CONTRIBUTIONS OF QUALIFIED INTELLECTUAL PROPERTY. AS SUCH, THIS QUESTION HAS BEEN MARKED NO. LINE 7H: THE ORGANIZATION DID NOT RECEIVE ANY CONTRIBUTIONS OF CARS, BOATS, AIRPLANES, OR OTHER VEHICLES. AS SUCH, THIS QUESTION HAS BEEN MARKED NO. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE FORM 990 WAS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING, AND WAS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 12C OFFICERS AND TRUSTEES ARE GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY. IF THERE IS A CONFLICT OF INTEREST, IT IS BROUGHT TO THE ATTENTION OF THE PRESIDENT, WHO PRESENTS THE CONFLICT TO THE CHAIRMAN OF THE BOARD. IF A CONFLICT IS FOUND, THAT PERSON WILL RECUSE HIMSELF/HERSELF FROM DISCUSSIONS REGARDING SUCH CONFLICTS. FORM 990, PAGE 6, PART VI, LINE 15A FOR THE PRESIDENT, THE BOARD REVIEWS AND APPROVES COMPENSATION. FOR ALL OFFICER COMPENSATION, A COMPENSATION STUDY IS CONDUCTED USING INFORMATION FROM THE HAWAII ALLIANCE OF NON-PROFIT ORGANIZATIONS (HANO) AND GUIDESTAR. THE DETERMINATION OF SALARY IS THEN DOCUMENTED IN THE PERSONS FILE AND IS SUBJECT TO ANNUAL REVIEW. FORM 990, PAGE 6, PART VI, LINE 15B FOR OFFICERS BELOW THE PRESIDENT, THE PRESIDENT REVIEWS AND APPROVES COMPENSATION. FOR ALL OFFICER COMPENSATION, A COMPENSATION STUDY IS CONDUCTED USING INFORMATION FROM THE HAWAII ALLIANCE OF NON-PROFIT ORGANIZATIONS (HANO) AND GUIDESTAR. THE DETERMINATION OF SALARY IS THEN DOCUMENTED IN THE PERSONS FILE AND IS SUBJECT TO ANNUAL REVIEW. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER FEES 532,024 562,748 0 FORM 990, PART XI, LINE 9 PRIOR PERIOD ADJUSTMENT 941,715 LOSS ON CAMPUS CLOSURE -1,837,021 TOTAL -895,306 PRIOR PERIOD ADJUSTMENT - SUBSEQUENT TO THE FILING OF THE ORGANIZATION'S FYE 8/31/2023 FORM 990, THE AUDIT WAS COMPLETED AND THE FINAL AUDIT REPORT WAS ISSUED. NET ASSETS AS OF 8/31/2023 PER THE FINAL AUDITED FINANCIALS WAS 941,715 HIGHER THAN NET ASSETS AS OF 8/31/2023 PER THE FORM 990 FILED. LOSS ON CAMPUS CLOSURE - DUE TO TEACHER SHORTAGES AND LOW ENROLLMENT, KCAA'S WAI KAHALA PRESCHOOL WAS CLOSED EFFECTIVE 12/31/2023.