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IOLANI SCHOOL: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
IOLANI SCHOOL (EIN 99-0073502)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-05-12
IRS object ID
202021339349301997
Schema version
2018v3.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-05-12T15:06:15-05:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11003 Bishop Street Suite 2100AddressLine1Txt
CityHonoluluCityNm
State AbbreviationHIStateAbbreviationCd
ZIP96813ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN990073502EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1'IOLANI SCHOOLBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% WEI LEE-YONAMINEInCareOfNm
Business Name ControlIOLABusinessNameControlTxt
Phone8089495355PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1563 KAMOKU STREETAddressLine1Txt
CityHONOLULUCityNm
State AbbreviationHIStateAbbreviationCd
ZIP96826ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonREID GUSHIKENPersonNm
Person TitleCFOPersonTitleTxt
Phone8089495355PhoneNum
Signature2020-05-04SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCANDACE C CHINGPreparerPersonNm
PTINP01698370PTIN
Phone8085402800PhoneNum
Preparation2020-05-04PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address167.68.102.5IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id99005920201335000000FederalOriginalSubmissionId
Federal Original Submission Id2020-05-12FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdF6B7976CE368DEF5065FB8D85601E3670A0BCF30AtSubmissionCreationDeviceId
At Submission Filing Device Id3DE319592A62D4F63865F1F1D91A8A235CFCC55AAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerREID GUSHIKENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1563 KAMOKU STREETAddressLine1Txt
CityHONOLULUCityNm
State AbbreviationHIStateAbbreviationCd
ZIP96826ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$144,659,873GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.iolani.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1942FormationYr
Legal Domicile StateHILegalDomicileStateCd
Activity Or Mission'IOLANI SCHOOL IS A COLLEGE-PREP SCHOOL FOR GRADES K-12 WHOSE MISSION IS TO DEVELOP EDUCATED, WELL-ROUNDED INDIVIDUALS WHO ARE WELL PREPARED FOR COLLEGE.ActivityOrMissionDesc
Voting Members Governing Body20VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee1045TotalEmployeeCnt
Total Volunteers4887TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,479,579PYContributionsGrantsAmt
CY Contributions Grants$8,455,747CYContributionsGrantsAmt
PY Program Service Revenue$48,172,357PYProgramServiceRevenueAmt
CY Program Service Revenue$51,699,978CYProgramServiceRevenueAmt
PY Investment Income$15,723,584PYInvestmentIncomeAmt
CY Investment Income$11,846,310CYInvestmentIncomeAmt
PY Other Revenue$41,435PYOtherRevenueAmt
CY Other Revenue$46,302CYOtherRevenueAmt
PY Total Revenue$70,416,955PYTotalRevenueAmt
CY Total Revenue$72,048,337CYTotalRevenueAmt
PY Grants And Similar Paid$4,860,214PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$5,436,709CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$39,347,309PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$41,417,050CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$2,358,312CYTotalFundraisingExpenseAmt
PY Other Expenses$16,315,772PYOtherExpensesAmt
CY Other Expenses$17,769,263CYOtherExpensesAmt
PY Total Expenses$60,523,295PYTotalExpensesAmt
CY Total Expenses$64,623,022CYTotalExpensesAmt
PY Revenues Less Expenses$9,893,660PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$7,425,315CYRevenuesLessExpensesAmt
Total Assets BOY$311,825,102TotalAssetsBOYAmt
Total Assets EOY$341,578,035TotalAssetsEOYAmt
Total Liabilities BOY$64,627,557TotalLiabilitiesBOYAmt
Total Liabilities EOY$88,595,976TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$247,197,545NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$252,982,059NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Mission'IOLANI'S MISSION IS TO DEVELOP LIBERALLY EDUCATED, WELL-ROUNDED INDIVIDUALS WHO ARE WELL PREPARED FOR HIGHER EDUCATION AND FOR RESPONSIBLE, MORAL CITIZENSHIP. TO FOSTER ACADEMIC EXCELLENCE AND PERSONAL GROWTH, A SCHOOL MUST BE CHALLENGING AND COMPETITIVE YET COMPASSIONATE AND HUMANE. THE 'IOLANI MOTTO "ONE TEAM" EXPRESSES THE SPIRIT OF UNSELFISH COOPERATION AND MUTUAL SUPPORT AMONG FACULTY, STAFF, COACHES, PARENTS AND STUDENTS. 'IOLANI IS COMMITTED TO THE FOLLOWING IDEALS: - AN EDUCATION WHICH REFLECTS ITS EPISCOPAL CHURCH HERITAGE AND PROVIDES A SPIRITUAL FOUNDATION FOR THE DEVELOPMENT OF PERSONAL VALUES AND MORAL INTEGRITY. - AN EXEMPLARY COLLEGE PREPARATORY CURRICULUM WITH SMALL CLASSES, PERSONALIZED INSTRUCTION AND FREQUENT OCCASIONS TO SPEAK, LISTEN, THINK, AND WRITE. - THE DEVELOPMENT OF INDIVIDUALS WHO ARE CREATIVE AND INQUISITIVE, WHO CAN ANALYZE AND SYNTHESIZE INFORMATION TO SOLVE PROBLEMS, AND WHO CONDUCT THEMSELVES WITH CONFIDENCE, DISCRETION, TOLERANCE, AND COMPASSION. - AMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$47,097,356ExpenseAmt
Grant$5,436,709GrantAmt
Revenue$48,217,096RevenueAmt
Desc'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. 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, a new Lower School labs/studio building for kindergarten through sixth graders with learning spaces for religion, literacy/reading rooms, makers spaces (3D printers, laser cutters); and a new dance and music room as well. 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. KAI 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. 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 programs include 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.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$4,776,204ExpenseAmt
Revenue$3,296,881RevenueAmt
Desc'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 EMPLOYS 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.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$2,437,518ExpenseAmt
Revenue$186,001RevenueAmt
DescIOLANI 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 MANYSPORTS 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 WORLDPARTICIPATE 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.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$2,151,040ExpenseAmt
DescCOLLEGE COUNSELINGDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$2,151,040TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$56,462,118TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document90IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee1045EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members20GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonWEI LEE-YONAMINEPersonNm
Phone8089495355PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1563 KAMOKU STREETAddressLine1Txt
CityHONOLULUCityNm
State AbbreviationHIStateAbbreviationCd
ZIP96826ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
Timothy R Cottrell
Head of School, Ex Officio40.00.0Yes (X)Yes (X)$459,005$0$224,626
Mark M Mugiishi
Board of Governors Chair1.00.0Yes (X)Yes (X)$0$0$0
Lisa MK Sakamoto
Board of Governors Treasurer1.00.0Yes (X)Yes (X)$0$0$0
Melvin Kaneshige
BOARD OF GOVERNORS VICE CHAIR1.00.0Yes (X)Yes (X)$0$0$0
Mark H Yamakawa
Board of Governors Secretary1.00.0Yes (X)Yes (X)$0$0$0
Steven C Ai
Member of Board of Governors1.00.0Yes (X)$0$0$0
John C Dean Jr
Member of Board of Governors1.00.0Yes (X)$0$0$0
Thomas B Fargo
Member of Board of Governors1.00.0Yes (X)$0$0$0
Whitney Limm
Member of Board of Governors1.00.0Yes (X)$0$0$0
Bill D Mills
Member of Board of Governors1.00.0Yes (X)$0$0$0
Calvin S Oishi
Member of Board of Governors1.00.0Yes (X)$0$0$0
Raymond Ono
Member of Board of Governors1.00.0Yes (X)$0$0$0
Takeshi Saeki
Member of Board of Governors1.00.0Yes (X)$0$0$0
Jodi Shin Yamamoto
Member of Board of Governors1.00.0Yes (X)$0$0$0
Kent Tsukamoto
Member of Board of Governors1.00.0Yes (X)$0$0$0
Jenai S Wall
Member of Board of Governors1.00.0Yes (X)$0$0$0
Robert W Wo
Member of Board of Governors1.00.0Yes (X)$0$0$0
Emelda Wong Trainor
Member of Board of Governors1.00.0Yes (X)$0$0$0
Russell Yamamoto
Member of Board of Governors1.00.0Yes (X)$0$0$0
Right Rev Robert L Fitzpatrick
Ex Officio Mbr Board of Gov1.00.0Yes (X)$0$0$0
Tyler Kimura
Ex Officio Mbr Board of Gov1.00.0Yes (X)$0$0$0
Karen L Neitzel
ASSOC HEAD OF SCHOOL THRU 201840.00.0$215,557$0$29,210Yes (X)
Reid Gushiken
Chief Financial Officer40.00.0$188,642$0$60,172Yes (X)
Kimberly Hagi
Executive Dir. Of Advancement40.00.0$208,323$0$63,958Yes (X)
Linda B Look
Dean of Lower School40.00.0$162,444$0$17,252Yes (X)
Aster Chin
Dean of Upper School40.00.0$177,140$0$59,846Yes (X)
Burl Brown
Dean of Students40.00.0$160,917$0$22,235Yes (X)
Carey S Inouye
SCIL Dept Head40.00.0$153,171$0$16,845Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,725,199TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$494,144TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K45IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Thompson Matheny
312 Kealahou StreetHonoluluHI96825Project management$354,298
P3 Management LLC
2046 South King StreetHonoluluHI96826Project management$153,947
KAI Hawaii Inc
50 S Beretania St C-119CHonoluluHI96813Structural engineer$111,045
KPMG LLP
1003 BISHOP STREET SUITE 2100HonoluluHI96819ACCOUNTING SERVICES$105,483
MARCUS ASSOCIATES INC
1045 MAPUNAPUNA STREETHonoluluHI96819PROPERTY MANAGEMENT$101,284
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Fundraising$243,717FundraisingAmt
Related Organizations$36,900RelatedOrganizationsAmt
All Other Contributions$8,175,130AllOtherContributionsAmt
Noncash Contributions$404,458NoncashContributionsAmt
Total Contributions$8,455,747TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION & FEES611600$48,217,096$48,217,096
SUMMER SCHOOL611600$2,606,496$2,606,496
SPECIAL PROGRAMS611600$690,385$690,385
ATHLETIC/FACILITY USAGE611600$186,001$186,001
FieldValueIRS element (for citing)
Total Program Service Revenue$51,699,978TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,958,944TotalRevenueColumnAmt
Exclusion$4,958,944ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,825,940RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$2,215,611RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$389,671RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$389,671TotalRevenueColumnAmt
Exclusion-$389,671ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$76,046,023SecuritiesAmt
Other$387,918OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$69,546,499SecuritiesAmt
Other$76OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$6,499,524SecuritiesAmt
Other$387,842OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,887,366TotalRevenueColumnAmt
Exclusion$6,887,366ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$774,989FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$243,717ContriRptFundraisingEventAmt
Fundraising Direct Expenses$637,617FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$137,372TotalRevenueColumnAmt
Exclusion$137,372ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$251,345GrossSalesOfInventoryAmt
Cost Of Goods Sold$211,733CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$39,612TotalRevenueColumnAmt
Exclusion$39,612ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
CAFETERIA900099$100,825$100,825
APPAREL REVENUE900099$79,577$79,577
FORFEITURES AND RECOVERIES900099$23,210$23,210

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$55,377TotalRevenueColumnAmt
Exclusion$55,377ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$258,989OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$72,048,337TotalRevenueColumnAmt
Related Or Exempt Func Income$51,699,978RelatedOrExemptFuncIncomeAmt
Exclusion$11,892,612ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$5,436,709TotalAmt
Program Services$5,436,709ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,073,355TotalAmt
Program Services$229,909ProgramServicesAmt
Management And General$613,537ManagementAndGeneralAmt
Fundraising$229,909FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$29,599,401TotalAmt
Program Services$27,494,448ProgramServicesAmt
Management And General$969,636ManagementAndGeneralAmt
Fundraising$1,135,317FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,976,505TotalAmt
Program Services$1,865,283ProgramServicesAmt
Management And General$1,110,281ManagementAndGeneralAmt
Fundraising$941FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$5,393,223TotalAmt
Program Services$5,123,532ProgramServicesAmt
Management And General$33,606ManagementAndGeneralAmt
Fundraising$236,085FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,374,566TotalAmt
Program Services$1,921,734ProgramServicesAmt
Management And General$451,653ManagementAndGeneralAmt
Fundraising$1,179FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$60,271TotalAmt
Management And General$60,271ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$102,200TotalAmt
Management And General$102,200ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$390,186TotalAmt
Management And General$390,186ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$181,273TotalAmt
Management And General$181,273ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$196,012TotalAmt
Management And General$196,012ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$3,763,627TotalAmt
Program Services$2,700,972ProgramServicesAmt
Management And General$770,608ManagementAndGeneralAmt
Fundraising$292,047FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$619,329TotalAmt
Program Services$616,610ProgramServicesAmt
Fundraising$2,719FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$3,312,292TotalAmt
Program Services$3,251,106ProgramServicesAmt
Management And General$30,893ManagementAndGeneralAmt
Fundraising$30,293FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$566,116TotalAmt
Program Services$353,493ProgramServicesAmt
Management And General$194,640ManagementAndGeneralAmt
Fundraising$17,983FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$308,312TotalAmt
Program Services$231,445ProgramServicesAmt
Management And General$74,710ManagementAndGeneralAmt
Fundraising$2,157FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,631,164TotalAmt
Program Services$4,507,882ProgramServicesAmt
Management And General$61,641ManagementAndGeneralAmt
Fundraising$61,641FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,080,031TotalAmt
Program Services$1,060,271ProgramServicesAmt
Management And General$9,880ManagementAndGeneralAmt
Fundraising$9,880FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
STUDENT ACTIVITIES$706,848$706,848
ENTERTAINMENT$484,265$55,112$187,368$241,785
MEMBERSHIP DUES$398,805$283,712$93,589$21,504
AFTER SCHOOL ENRICHMENT$247,607$247,607

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$720,925TotalAmt
Program Services$375,445ProgramServicesAmt
Management And General$270,608ManagementAndGeneralAmt
Fundraising$74,872FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$64,623,022TotalAmt
Program Services$56,462,118ProgramServicesAmt
Management And General$5,802,592ManagementAndGeneralAmt
Fundraising$2,358,312FundraisingAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XYes (X)InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,300BOYAmt
EOY$1,300EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,448,419BOYAmt
EOY$6,112,705EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,159,572BOYAmt
EOY$4,720,919EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$279,901BOYAmt
EOY$320,787EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$140,221BOYAmt
EOY$149,036EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,173,440BOYAmt
EOY$1,328,417EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$195,048,907LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$71,875,435LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$96,172,524BOYAmt
EOY$123,173,472EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$201,519,978BOYAmt
EOY$203,193,859EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,928,747BOYAmt
EOY$2,577,540EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$311,825,102BOYAmt
EOY$341,578,035EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$7,846,771BOYAmt
EOY$6,399,657EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$3,455,239BOYAmt
EOY$4,328,067EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$44,430,895BOYAmt
EOY$66,717,192EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$8,894,652BOYAmt
EOY$11,151,060EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$64,627,557BOYAmt
EOY$88,595,976EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$191,195,849BOYAmt
EOY$191,894,412EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$29,985,674BOYAmt
EOY$33,635,527EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$26,016,022BOYAmt
EOY$27,452,120EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$247,197,545BOYAmt
EOY$252,982,059EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$311,825,102BOYAmt
EOY$341,578,035EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$7,425,315ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$978,343NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$2,619,144OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,415,991CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,473,465CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,641,288CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,479,579CurrentTaxYearMinus1YearAmt
Current Tax Year$8,455,747CurrentTaxYearAmt
Total$31,466,070TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,415,991CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,473,465CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,641,288CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,479,579CurrentTaxYearMinus1YearAmt
Current Tax Year$8,455,747CurrentTaxYearAmt
Total$31,466,070TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$399,834SubstantialContributorsTotAmt
Public Support Total170$31,066,236PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,727,130CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,852,012CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,709,773CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,784,709CurrentTaxYearMinus1YearAmt
Current Tax Year$6,784,884CurrentTaxYearAmt
Total$33,858,508TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$801,721CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$977,386CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$980,017CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$847,706CurrentTaxYearMinus1YearAmt
Current Tax Year$933,153CurrentTaxYearAmt
Total$4,539,983TotalAmt
FieldValueIRS element (for citing)
Total Support$69,864,561TotalSupportAmt
Gross Receipts Rltd Activities$227,987,167GrossReceiptsRltdActivitiesAmt
Public Support CY1700.44466PublicSupportCY170Pct
Public Support PY1700.40551PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$183,336,414BeginningYearBalanceAmt
Contributions$1,451,817ContributionsAmt
Investment Earnings Or Losses$11,867,254InvestmentEarningsOrLossesAmt
Grants Or Scholarships$11,745,959GrantsOrScholarshipsAmt
End Year Balance$184,909,526EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$174,302,570BeginningYearBalanceAmt
Contributions$883,207ContributionsAmt
Investment Earnings Or Losses$16,379,075InvestmentEarningsOrLossesAmt
Grants Or Scholarships$8,228,438GrantsOrScholarshipsAmt
End Year Balance$183,336,414EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$158,622,451BeginningYearBalanceAmt
Contributions$2,282,754ContributionsAmt
Investment Earnings Or Losses$21,741,319InvestmentEarningsOrLossesAmt
Grants Or Scholarships$8,343,954GrantsOrScholarshipsAmt
End Year Balance$174,302,570EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$163,340,223BeginningYearBalanceAmt
Contributions$494,292ContributionsAmt
Investment Earnings Or Losses$2,859,513InvestmentEarningsOrLossesAmt
Grants Or Scholarships$8,071,577GrantsOrScholarshipsAmt
End Year Balance$158,622,451EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$166,302,970BeginningYearBalanceAmt
Contributions$1,142,105ContributionsAmt
Investment Earnings Or Losses$3,311,733InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,416,585GrantsOrScholarshipsAmt
End Year Balance$163,340,223EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.76770BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.14830PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.08400TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$25,471,329OtherCostOrOtherBasisAmt
Book Value$25,471,329BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$134,054,295OtherCostOrOtherBasisAmt
Depreciation$40,111,492DepreciationAmt
Book Value$93,942,803BookValueAmt
FieldValueIRS element (for citing)
Leasehold ImprovementsLeaseholdImprovementsGrp

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$35,523,283OtherCostOrOtherBasisAmt
Depreciation$31,763,943DepreciationAmt
Book Value$3,759,340BookValueAmt
FieldValueIRS element (for citing)
Other Land BuildingsOtherLandBuildingsGrp
Total Book Value Land Buildings$123,173,472TotalBookValueLandBuildingsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
STUDENT DEPOSITS$1,037,512
OBLIGATION INTEREST RATE SWAP$3,173,683
DEPOSITS HELD FOR OTHERS$1,949,631
ACCRUED POSTRETIREMENT HEALTH$4,472,032
CAPITAL LEASE OBLIGATIONS$518,202
FieldValueIRS element (for citing)
Total Liability$11,151,060TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$66,853,351TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$1,640,801NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$56,438DonatedServicesAndUseFcltsAmt
Other Revenue$2,604,114OtherRevenueAmt
Revenue Not Reported$1,019,751RevenueNotReportedAmt
Revenue Subtotal$65,833,600RevenueSubtotalAmt
Investment Expenses Not Incld$390,186InvestmentExpensesNotIncldAmt
Other Revenues Not Included$5,824,551OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$6,214,737RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$72,048,337TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$61,068,837TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$56,438DonatedServicesUseFcltsAmt
Other Expenses Included$2,604,114OtherExpensesIncludedAmt
Expenses Not Reported$2,660,552ExpensesNotReportedAmt
Expenses Subtotal$58,408,285ExpensesSubtotalAmt
Investment Expenses Not Incld2$390,186InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$5,824,551OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$6,214,737ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$64,623,022TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDSFORM 990, SCHEDULE D, PART V, LINE 4 THE PRIMARY PURPOSE OF THE ENDOWMENT FUNDS FOR 'IOLANI SCHOOL IS TO PROVIDE FINANCIAL SUPPORT FOR SCHOOL OPERATIONS AND TO PROVIDE NEED-BASED SCHOLARSHIPS AND FINANCIAL AID. ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 SCHEDULE D, PART X, LINE 2 THE SCHOOL AND BUILDING FUTURES LLC RECOGNIZE THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. NO INCOME TAX PROVISION HAS BEEN RECORDED AS THE NET INCOME, IF ANY, FROM ANY UNRELATED TRADE OR BUSINESS, IN THE OPINION OF MANAGEMENT, IS NOT MATERIAL TO THE BASIC CONSOLIDATED FINANCIAL STATEMENTS TAKEN AS A WHOLE. REVENUE ON FINANCIAL STATEMENT NOT INCLUDED ON TAX RETURN SCHEDULE D, PART XI, LINE 2D $ 211,733 - BOOKSTORE EXPENSES REPORTED NET ON 990 AND GROSS ON FINANCIAL STATEMENTS $ 188,288 - RENTAL EXPENSES REPORTED NET ON 990 AND GROSS ON FINANCIAL STATEMENTS $ 2,204,093 -INTEREST RATE SWAP EXPENSE REPORTED NET ON 990 AND GROSS ON FINANCIAL STATEMENTS -------------- $ 2,604,114 REVENUE ON TAX RETURN NOT INCLUDED ON FINANCIAL STATEMENTS SCHEDULE D, PART XI, LINE 4B $ 5,436,709 - FINANCIAL AID EXPENSES ARE REPORTED GROSS ON 990 AND NET ON FINANCIAL STATEMENTS $ 387,842 - ASSET GAIN/LOSS REPORTED ON 990 AND GROSS ON FINANCIAL STATEMENTS ------------- $ 5,824,551
EXPENSE ON FINANCIAL STATEMENTS NOT INCLUDED ON TAX RETURNSCHEDULE D, PART XII, LINE 2D $ 211,733 - BOOKSTORE EXPENSES REPORTED NET ON 990 AND GROSS ON FINANCIAL STATEMENTS $ 188,288 - RENTAL EXPENSES REPORTED NET ON 990 AND GROSS ON FINANCIAL STATEMENTS $ 2,204,093 - INTEREST RATE SWAP EXPENSE REPORTED NET ON 990 AND GROSS ON FINANCIAL STATEMENTS -------------- $ 2,604,114 EXPENSE ON TAX RETURN NOT ON FINANCIAL STATEMENTS SCHEDULE D, PART XII, LINE 4B $ 5,436,709 - FINANCIAL AID EXPENSES ARE REPORTED GROSS ON 990 AND NET ON FINANCIAL STATEMENTS $ 387,842 - ASSET GAIN/LOSS REPORTED ON 990 AND GROSS ON FINANCIAL STATEMENTS ------------- $ 5,824,551

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdfalseGovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePUBLICATION OF RACIALLY NONDISCRIMINATORY POLICYFormAndLineReferenceDesc
ExplanationFORM 990, SCHEDULE E, LINE 3 PERIODIC NEWSPAPER ADVERTISEMENTS STATING NON-DISCRIMINATORY POLICY OF THE SCHOOL.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1FAMILY FAIREvent1Nm
Gross Receipts Event1$756,923GrossReceiptsEvent1Amt
Charitable Contri Event1$189,082CharitableContriEvent1Amt
Gross Revenue Event1$567,841GrossRevenueEvent1Amt
Non Cash Prizes Event1$23,185NonCashPrizesEvent1Amt
Food And Beverage Event1$85,790FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$353,189OtherDirectExpensesEvent1Amt
Event2TOUCH OF IOLANIEvent2Nm
Gross Receipts Event2$164,154GrossReceiptsEvent2Amt
Charitable Contri Event2$26,850CharitableContriEvent2Amt
Gross Revenue Event2$137,304GrossRevenueEvent2Amt
Non Cash Prizes Event2$510NonCashPrizesEvent2Amt
Rent Facility Costs Event2$12,072RentFacilityCostsEvent2Amt
Food And Beverage Event2$56,874FoodAndBeverageEvent2Amt
Entertainment Event2$500EntertainmentEvent2Amt
Other Direct Expenses Event2$30,767OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$97,629GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$27,785CharitableContriOtherEventsAmt
Gross Revenue Other Events$69,844GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events$37,703NonCashPrizesOtherEventsAmt
Food And Beverage Other Events$16,775FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$20,252OthDirectExpnssOtherEventsAmt
Gross Receipts Total$1,018,706GrossReceiptsTotalAmt
Charitable Contributions Tot$243,717CharitableContributionsTotAmt
Gross Revenue Total Events$774,989GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$61,398NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$12,072RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$159,439FoodAndBeverageTotalEventsAmt
Entertainment Total Events$500EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$404,208OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$637,617DirectExpenseSummaryEventsAmt
Net Income Summary$137,372NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFINANCIAL AIDGrantTypeTxt
Recipient453RecipientCnt
Cash Grant$5,436,709CashGrantAmt
Valuation Method UsedN/AValuationMethodUsedDesc
Non Cash AssistanceNONENonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePROCEDURES FOR MONITORING USE OF GRANT FUNDSFormAndLineReferenceDesc
ExplanationFORM 990, SCHEDULE I, PART I, LINE 2 GRANT FUNDS CONSIST ALMOST ENTIRELY OF SCHOLARSHIPS, FINANCIAL AID, AND BOARDING ASSISTANCE, WHICH ARE GIVEN TO STUDENTS WHOSE FAMILIES DEMONSTRATE FINANCIAL NEED. SCHOLARSHIPS & FINANCIAL AID ARE USED BY STUDENTS IN ORDER TO DEFRAY THE COST OF TUITION, BOOKS, AND OTHER NECESSARY SCHOOL SUPPLIES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Timothy R Cottrell
Head of School, Ex Officio$371,157$0$40,000$0$47,848$0$45,901$0$178,725$0$683,631$0$0$0
Karen L Neitzel
ASSOC HEAD OF SCHOOL THRU 2018$215,557$0$0$0$0$0$21,556$0$7,654$0$244,767$0$0$0
Reid Gushiken
Chief Financial Officer$188,642$0$0$0$0$0$18,864$0$41,308$0$248,814$0$0$0
Kimberly Hagi
Executive Dir. Of Advancement$208,323$0$0$0$0$0$20,832$0$43,126$0$272,281$0$0$0
Linda B Look
Dean of Lower School$162,444$0$0$0$0$0$16,244$0$1,008$0$179,696$0$0$0
Aster Chin
Dean of Upper School$177,140$0$0$0$0$0$17,714$0$42,132$0$236,986$0$0$0
Burl Brown
Dean of Students$160,917$0$0$0$0$0$16,092$0$6,143$0$183,152$0$0$0
Carey S Inouye
SCIL Dept Head$153,171$0$0$0$0$0$15,317$0$1,528$0$170,016$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceCOMPENSATION EXPENSEFormAndLineReferenceDesc
ExplanationFORM 990, SCHEDULE J, PART I, LINE 1A Residence for Personal Use The Head of School resides in employer-provided housing off campus as a condition of employment and hosts numerous school events at the residence. As such, this benefit was treated as A nontaxable working condition fringe benefit and is not treated as taxable compensation. The value of the nontaxable benefit is included in Part II, column (d). Personal Services The Head of Schools off-campus residence that is used for hosting school events and activities is MAINTAINED on a regular basis PRIMARILY by the employees of the school. This benefit is treated as nontaxable compensation. The value of this nontaxable benefit is included in Part II, column (d). Social Club Dues or Initiation Fees The Head of School is provided access to a social club membership for the business purpose of cultivating donor relationships. However, they also have access to the club for personal use. This benefit is included in the Head of School's taxable wages. Gross-up Payments The Head of School is provided a tuition remission benefit that is included in his taxable wages and is grossed-up by the school. FORM 990, SCHEDULE J, PART I, LINE 3 COMPENSATION COMMITTEE 'IOLANI DOES NOT HAVE A SEPARATE COMPENSATION COMMITTEE TO DETERMINE COMPENSATION. THE DUTIES OF A COMPENSATION COMMITTEE ARE PERFORMED BY 'IOLANI'S EXECUTIVE COMMITTEE.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonERIK YAMAMOTOPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionFAMILY MEMBER OF TRUSTEERelationshipDescriptionTxt
Transaction$122,081TransactionAmt
TransactionSEE SCHEDULE L DISCLOSURETransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceBUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONSFormAndLineReferenceDesc
ExplanationSCHEDULE L, PART IV, COLUMN (D) THE PAYMENTS NOTED ABOVE REPRESENT COMPENSATION PAID BY THE ORGANIZATION TO FAMILY MEMBERS OF INTERESTED PERSONS FOR SERVICES RENDERED TO THE ORGANIZATION. PAYMENT AMOUNTS WERE DETERMINED BY INDIVIDUALS WITHOUT A CONFLICT OF INTEREST WITH RESPECT TO THE TRANSACTION, AND ANY INTERESTED PERSONS RECUSED THEMSELVES IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY. RUSSELL YAMAMOTO: MR. YAMAMOTO'S SON, ERIK YAMAMOTO, RECEIVED COMPENSATION FROM THE SCHOOL FOR SERVICES AS THE INTERIM UPPER SCHOOL DEAN OF STUDENTS IN 2017-18 AND 2018-19.ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution11ContributionCnt
Noncash Contributions Rpt F990$6,425NoncashContributionsRptF990Amt
Method Of Determining RevenuesREPLACEMENT COSTMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$248NoncashContributionsRptF990Amt
Method Of Determining RevenuesREPLACEMENT COSTMethodOfDeterminingRevenuesTxt

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$31,817NoncashContributionsRptF990Amt
Method Of Determining RevenuesREPLACEMENT COSTMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$274,182NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVG MARKET PRICEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp

Collectibles CollectiblesGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$13NoncashContributionsRptF990Amt
Method Of Determining RevenuesREPLACEMENT COSTMethodOfDeterminingRevenuesTxt

Food Inventory FoodInventoryGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution26ContributionCnt
Noncash Contributions Rpt F990$36,522NoncashContributionsRptF990Amt
Method Of Determining RevenuesREPLACEMENT COSTMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (6 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Jewelry6$3,399REPLACEMENT COST
Yes (X)Gift Certificates112$34,766REPLACEMENT COST
Yes (X)Sports Gear11$11,230REPLACEMENT COST
Yes (X)Plants4$1,584REPLACEMENT COST
Yes (X)Musical Instruments1$1,000REPLACEMENT COST
Yes (X)Electronics5$3,272REPLACEMENT COST
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
REPORTING NONCASH DONATIONSSCHEDULE M, PART I, COLUMN B THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED IN COLUMN B OF SCHEDULE M. FOR GIFTS OF SECURITIES, EACH SEPARATE GIFT IS TREATED AS A SINGLE CONTRIBUTION FOR PURPOSES OF COLUMN B.
METHOD OF DETERMINING REVENUESSCHEDULE M, PART I, COLUMN D CONTRIBUTED PROPERTY IS RECORDED AS INCOME AT THE FAIR VALUE OF THE PROPERTY ON THE DATE OF DONATION. THE FAIR VALUE OF PUBLICLY TRADED SECURITIES IS BASED ON AVERAGE MARKET PRICES.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 7bThis line amount includes the 512(a)(7) amounts that are not considered revenue and, therefore, not reported as such on Form 990. RELATIONSHIPS BETWEEN OFFICERS, DIRECTORS, KEY EMPLOYEES, and trustees FORM 990, PART VI, SECTION A, LINE 2 DAVID HULIHEE AND JENAI WALL, MEMBERS OF THE BOARD OF GOVERNORS, HAVE A BUSINESS RELATIONSHIP. MARK MUGIISHI AND LISA SAKAMOTO, MEMBERS OF THE BOARD OF GOVERNORS, HAVE A BUSINESS RELATIONSHIP. REVIEW PROCESS FOR FORM 990 FORM 990, PART VI, SECTION B, LINE 11 The organizations chief financial officer and controller work closely with the external accounting firm it engages to prepare and review the form 990. In addition, the draft is reviewed and approved by the finance committee before it is forwarded to the full board of governors before it is filed with the IRS.
CONFLICTS OF INTEREST POLICYForm 990, Part VI, Section B, Line 12C The Chair & Executive Committee of the Board ARE charged with monitoring proposed or ongoing transactions for conflicts of interest and addressing any potential or actual conflicts. Pursuant to the Conflicts of Interest Policy, an annual conflict of interest questionnaire, aimed at determining any family and business relationships and transactions or other transactions that may pose a potential conflict, is distributed to all covered persons (i.e., board members, officers and key employees). Covered persons are required to disclose real or potential conflicts at the time when such conflicts arise. When someone becomes a covered person and annually thereafter, each covered person is required to sign a statement affirming that he/she: (1) has received a copy of the Conflicts oF Interest Policy; (2) has read the Policy and understands said Policy; and (3) agrees to comply with all requirements of the Policy, including completing the conflicts of interest questionnaire. ALL CONFLICTS OF INTEREST ARE: (1) fully disclosed to the Board or Chair; AND (2) the person with the conflict of interest is excluded from voting on ANY MATTERS INVOLVING THE CONFLICT.
COMPENSATION DETERMINATION - TOP MANAGEMENT OFFICIALFORM 990, PART VI, SECTION B, LINE 15A TO DETERMINE THE COMPENSATION OF THE HEAD OF SCHOOL The Executive Committee (the Committee), comprised of active board members NONE whom have conflicts-of-interest with each other or with the head of school, is tasked with reviewing the compensation package for the Head of School. Evaluation as to the Head OF SCHOOL's annual performance includeS a review of the Head OF SCHOOL'S job description as contained in the bylaws adopted by the Board of Governors. In addition to the duties as described in the Bylaws, the Committee CONSIDERS performance objectives set forth by the Board Chair in conjunction with the Head OF SCHOOL. THE Head of School'S performance review IS conducted AT LEAST annually. THe Committee may APPROVE an adjustment in compensation and/or granting of benefits BASED ON THE RESULTS OF THE PERFORMANCE REVIEW. The Executive Committee will UTILIZE comparable compensation survey results conducted by NAIS, Guidestar, or any other source of compensation information relevant and comparable to Head of School compensation TO ASSIST WITH ASSESSMENT OF A FAIR AND REASONABLE COMPENSATION PACKAGE. A COMPARABILITY STUDY WAS NOT CONDUCTED DURING THE CURRENT TAX YEAR, BUT ONE WILL BE CONDUCTED FOR THE FOLLOWING TAX YEAR UPON RENEWAL OF THE HEAD OF SCHOOLS CONTRACT. Results of the evaluation ARE reported to the Board by the Chair of the Committee in closed session with separate minutes taken. Upon completion of THE Head OF SCHOOL'S evaluation and compensation REVIEW, the Board Chair will issue to the CHIEF FINANCIAL OFFICER, written information pertaining to the head of school's compensation package, including the effective date and any conditions or future benefits granted. THE EXECUTIVE COMMITTEE DOCUMENTS THE BASIS FOR ITS DECISION IN ITS COMMITTEE MINUTES WHICH DESCRIBE 1) THE TERMS OF THE COMPENSATION PACKAGE AND DATE OF APPROVAL; 2) COMMITTEE MEMBERS PRESENT AT MEETING AND HOW THEY VOTED; 3) THE SOURCE AND SUBSTANCE OF DATA RELIED ON AND WHY IT IS COMPARABLE; 4) ANY DISCLOSURES OF CONFLICTS-OF-INTEREST; AND 5) THE REASONS IF THE APPROVED COMPENSATION IS BELOW OR ABOVE COMPARABLES.
COMPENSATION - OFFICERS & KEY EMPLOYEESFORM 990, PART VI, SECTION B, LINE 15B CHIEF FINANCIAL OFFICER THE BOARD CHAIR AND THE SEARCH COMMITTEE, ALL OF WHOM DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION AGREEMENT, ESTABLISHED THE CHIEF FINANCIAL OFFICER'S INITIAL COMPENSATION BASED ON NUMEROUS FACTORS, INCLUDING COMPARABLE MARKET DATA, THE DUTIES AND RESPONSIBILITIES OF THE POSITION, AND REID GUSHIKEN'S BACKGROUND AND EXPERIENCE. FOR GUIDANCE, THE BOARD CHAIR AND THE SEARCH COMMITTEE CONSIDERED COMPARABLE COMPENSATION SURVEY RESULTS CONDUCTED BY NAIS, GUIDESTAR, AND OTHER SOURCES OF COMPENSATION INFORMATION RELEVANT AND COMPARABLE TO OTHER CHIEF FINANCIAL OFFICERS AT PEER INSTITUTIONS. NO COMPARABILITY STUDY WAS PERFORMED FOR FYE 6/30/2019; HOWEVER, COMPENSATION WAS DETERMINED BY A BOARD-APPROVED PERCENTAGE INCREASE. OTHER KEY EMPLOYEES Initial recommended compensation of key employees will be included in the budget parameters set by the Chief Financial Officer who then submits it to the Head of School for consideration. Recommended compensation of key employees is validated by the head of School based on their job performance and comparable compensation information provided by NAIS, Guidestar, or any other source of compensation information relevant and comparable to the duties or job descriptionS of key employeeS. The reason for any key employee compensation which is not comparable or provides excess benefitS will be reported to the Board Chair. There were no instances of excess benefits reported during the fiscal year ended June 30, 2019.The budget presented to the Finance Committee and subsequently to the Board will include applicable key employee compensation determined by the Head of School and Chief Financial Officer whose conflicts-of-interest, if any, are disclosed to the Board. Any key employee compensation which is not within comparable parameters, or provides for excess benefitS, will be disclosed to the Board during the budget approval process. There were no instances of excess benefits reported during the fiscal year ended June 30, 2019.
INFORMATION AVAILABLE TO PUBLICFORM 990, PART VI, SECTION C, LINE 19 Federal tax laws do not mandate that the organization's governing documents, conflict of interest policy and financial statements be made available for public inspection.
OTHER CHANGES IN NET ASSETSFORM 990, PART XI, LINE 9 Unrealized LOSS on INTEREST RATE SWAP 2,619,144

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1BUILDING FUTURES LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1563 KAMOKU STREETAddressLine1Txt
CityHONOLULUCityNm
State AbbreviationHIStateAbbreviationCd
ZIP96826ZIPCd
FieldValueIRS element (for citing)
EIN264097997EIN
Primary ActivitiesREAL ESTATEPrimaryActivitiesTxt
Legal Domicile StateHILegalDomicileStateCd
Total Income-$554,235TotalIncomeAmt
End Of Year Assets$26,004,033EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1IOLANI SCHBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1H&M MIST TRUSTBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 3170 DEPT 715AddressLine1Txt
CityHONOLULUCityNm
State AbbreviationHIStateAbbreviationCd
ZIP968023170ZIPCd
FieldValueIRS element (for citing)
EIN990259507EIN
Primary ActivitiesCHAR. TRUSTPrimaryActivitiesTxt
Legal Domicile StateHILegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusPFPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1IOLANI SCHBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (true)ControlledOrganizationInd

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1NONEBusinessNameLine1Txt

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1KANEOHE PROPERTIES INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1563 KAMOKU STREETAddressLine1Txt
CityHONOLULUCityNm
State AbbreviationHIStateAbbreviationCd
ZIP96826ZIPCd
FieldValueIRS element (for citing)
EIN943263925EIN
Primary ActivitiesREAL ESTATEPrimaryActivitiesTxt
Legal Domicile StateHILegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeC CorpEntityTypeTxt
Share Of Total Income-$906ShareOfTotalIncomeAmt
Share Of EOY Assets$1,643ShareOfEOYAssetsAmt
Ownership1.00000OwnershipPct
Controlled OrganizationYes (true)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd