IOLANI SCHOOL: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- IOLANI SCHOOL (EIN 99-0073502)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-13
- IRS object ID
- 201941339349307944
- Schema version
- 2017v2.3
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-13T21:39:33-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1003 Bishop Street Suite 2100 | AddressLine1Txt |
| City | Honolulu | CityNm |
| State Abbreviation | HI | StateAbbreviationCd |
| ZIP | 96813 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 990073502 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 'IOLANI SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % WEI LEE-YONAMINE | InCareOfNm |
| Business Name Control | IOLA | BusinessNameControlTxt |
| Phone | 8089495355 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 563 KAMOKU STREET | AddressLine1Txt |
| City | HONOLULU | CityNm |
| State Abbreviation | HI | StateAbbreviationCd |
| ZIP | 96826 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | REID GUSHIKEN | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 8089495355 | PhoneNum |
| Signature | 2019-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CANDACE C CHING | PreparerPersonNm |
| PTIN | P01698370 | PTIN |
| Phone | 8085402800 | PhoneNum |
| Preparation | 2019-05-13 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 167.68.102.5 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 99005920191335000000 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-05-13 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | F81E0E728B2C8ABD11084026A9CA94D563B43E23 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 369E5A1C6A2DDA29EAA06BCCC6FA42E233A5B77D | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | REID GUSHIKEN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 563 KAMOKU STREET | AddressLine1Txt |
| City | HONOLULU | CityNm |
| State Abbreviation | HI | StateAbbreviationCd |
| ZIP | 96826 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $169,972,670 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.iolani.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1942 | FormationYr |
| Legal Domicile State | HI | LegalDomicileStateCd |
| 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 Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 1010 | TotalEmployeeCnt |
| Total Volunteers | 5072 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $14,712 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $9,641,288 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,479,579 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $46,194,442 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $48,172,357 | CYProgramServiceRevenueAmt |
| PY Investment Income | $16,101,283 | PYInvestmentIncomeAmt |
| CY Investment Income | $15,723,584 | CYInvestmentIncomeAmt |
| PY Other Revenue | $676,327 | PYOtherRevenueAmt |
| CY Other Revenue | $41,435 | CYOtherRevenueAmt |
| PY Total Revenue | $72,613,340 | PYTotalRevenueAmt |
| CY Total Revenue | $70,416,955 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,525,054 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,860,214 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $36,669,574 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $39,347,309 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,365,214 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $16,009,824 | PYOtherExpensesAmt |
| CY Other Expenses | $16,315,772 | CYOtherExpensesAmt |
| PY Total Expenses | $57,204,452 | PYTotalExpensesAmt |
| CY Total Expenses | $60,523,295 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $15,408,888 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $9,893,660 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $288,198,519 | TotalAssetsBOYAmt |
| Total Assets EOY | $311,825,102 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $52,238,512 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $64,627,557 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $235,960,007 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $247,197,545 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (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. - A | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $43,018,075 | ExpenseAmt |
| Grant | $4,860,214 | GrantAmt |
| Revenue | $44,741,332 | RevenueAmt |
| Desc | 'IOLANI WAS FOUNDED IN 1863 AFTER KING KAMEHAMEHA IV AND QUEEN EMMA SET OUT TO ESTABLISH AN ANGLICAN CHURCH IN HAWAII. THE SCHOOL IS 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 HAS MORE THAN 10,310 LIVING ALUMNI AROUND THE WORLD. THERE ARE APPROXIMATELY 330 FULL-TIME FACULTY AND STAFF DEDICATED TO APPROXIMATELY 1,940 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 EXTRA-CURRICULAR PROGRAMS. DURING THE SUMMER, STUDENTS FROM THROUGHOUT THE STATE AND AROUND THE WORLD ENROLL IN CLASSES. '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 FALL OF 2013, THE SCHOOL OPENED THE NEW 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 PROBLEM 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. 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. 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. '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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,326,819 | ExpenseAmt |
| Revenue | $3,278,250 | RevenueAmt |
| 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. AUDITIONS ARE OPEN TO ALL STUDENTS IN UPPER 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,367,005 | ExpenseAmt |
| Revenue | $152,775 | RevenueAmt |
| Desc | 'IOLANI 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 MANY SPORTS IN THE JUNIOR VARSITY AND INTERMEDIATE GRADE LEVELS. FOR THE LOWER GRADE LEVELS, 'IOLANI PARTICIPATES IN THE CHRISTIAN SCHOOLS ATHLETIC LEAGUE FOR BASKETBALL AND VOLLEYBALL. THERE ARE ALSO OPPORTUNITIES FOR YOUNGSTERS TO PARTICIPATE IN INTRAMURAL SPORTS. THE CAMPUS HOSTS NUMEROUS ATHLETIC TOURNAMENTS AND SPORTING EVENTS, WHICH SCHOOLS AND TEAMS FROM ACROSS THE STATE AND AROUND THE WORLD PARTICIPATE. 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,162,992 | ExpenseAmt |
| Desc | COLLEGE COUNSELING | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $2,162,992 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $52,874,891 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 111 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1010 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WEI LEE-YONAMINE | PersonNm |
| Phone | 8089495355 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 563 KAMOKU STREET | AddressLine1Txt |
| City | HONOLULU | CityNm |
| State Abbreviation | HI | StateAbbreviationCd |
| ZIP | 96826 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Timothy R Cottrell | |||||||||
| Head of School, Ex Officio | 40.0 | 0.0 | Yes (X) | Yes (X) | $438,455 | $0 | $186,352 | ||
| Lisa MK Sakamoto | |||||||||
| Board of Governors Treasurer | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Jenai S Wall | |||||||||
| Board of Governors Chair | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Mark M Mugiishi | |||||||||
| Board of Governors Vice Chair | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Steven C Ai | |||||||||
| Board of Governors Secretary | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| John C Dean Jr | |||||||||
| Member of Board of Governors | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Thomas B Fargo | |||||||||
| Member of Board of Governors | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| David C Hulihee | |||||||||
| Member of Board of Governors | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Melvin Kaneshige | |||||||||
| Member of Board of Governors | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Whitney Limm | |||||||||
| Member of Board of Governors | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Bill D Mills | |||||||||
| Member of Board of Governors | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Calvin S Oishi | |||||||||
| Member of Board of Governors | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Raymond Ono | |||||||||
| Member of Board of Governors | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Takeshi Saeki | |||||||||
| Member of Board of Governors | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Russel K Saito | |||||||||
| Member of Board of Governors | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jodi Shin Yamamoto | |||||||||
| Member of Board of Governors | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Kent Tsukamoto | |||||||||
| Member of Board of Governors | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Robert W Wo | |||||||||
| Member of Board of Governors | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Emelda Wong Trainor | |||||||||
| Member of Board of Governors | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Mark H Yamakawa | |||||||||
| Member of Board of Governors | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Russell Yamamoto | |||||||||
| Member of Board of Governors | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Right Rev Robert L Fitzpatrick | |||||||||
| Ex Officio Mbr Board of Gov | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ben Kashiwabara | |||||||||
| Ex Officio Mbr Board of Gov | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Tyler Kimura | |||||||||
| Ex Officio Mbr Board of Gov | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Karen L Neitzel | |||||||||
| Associate Head of School | 40.0 | 0.0 | $211,010 | $0 | $33,547 | Yes (X) | |||
| Reid Gushiken | |||||||||
| Chief Financial Officer | 40.0 | 0.0 | $183,344 | $0 | $58,353 | Yes (X) | |||
| Kimberly Hagi | |||||||||
| Executive Dir. Of Advancement | 40.0 | 0.0 | $177,732 | $0 | $59,069 | Yes (X) | |||
| Linda B Look | |||||||||
| Dean of Lower School | 40.0 | 0.0 | $157,609 | $0 | $16,462 | Yes (X) | |||
| Aster Chin | |||||||||
| Dean of Upper School | 40.0 | 0.0 | $167,169 | $0 | $57,266 | Yes (X) | |||
| Carey S Inouye | |||||||||
| Faculty/Department Head | 40.0 | 0.0 | $152,373 | $0 | $16,115 | Yes (X) | |||
| Deborah C Hall | |||||||||
| Faculty | 40.0 | 0.0 | $135,353 | $0 | $20,152 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,623,045 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $447,316 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 41 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Thompson Matheny | |||||
| 312 Kealahou Street | Honolulu | HI | 96825 | PROJECT MANAGEMENT | $294,513 |
| Adams Miyashiro Krek | |||||
| 900 Fort Street Mall Suite 1700 | Honolulu | HI | 96813 | Attorney | $115,380 |
| KPMG LLP | |||||
| 1003 Bishop Street Suite 2100 | Honolulu | HI | 96813 | Accounting services | $111,395 |
| Marcus Associates Inc | |||||
| 1045 Mapunapuna Street | Honolulu | HI | 96819 | Property management | $110,558 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $269,841 | FundraisingAmt |
| Related Organizations | $37,725 | RelatedOrganizationsAmt |
| All Other Contributions | $6,172,013 | AllOtherContributionsAmt |
| Noncash Contributions | $2,747,746 | NoncashContributionsAmt |
| Total Contributions | $6,479,579 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 611600 | $44,741,332 | $44,741,332 |
| SUMMER SCHOOL | 611600 | $2,656,551 | $2,656,551 |
| SPECIAL PROGRAMS | 611600 | $621,699 | $621,699 |
| ATHLETIC/FACILITY USAGE | 611600 | $152,775 | $152,775 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $48,172,357 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,718,715 | TotalRevenueColumnAmt |
| Exclusion | $4,718,715 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,065,994 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,392,673 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$326,679 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$326,679 | TotalRevenueColumnAmt |
| Exclusion | -$326,679 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $106,639,351 | SecuritiesAmt |
| Other | $715,788 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $95,298,620 | SecuritiesAmt |
| Other | $1,051,650 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,340,731 | SecuritiesAmt |
| Other | -$335,862 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,004,869 | TotalRevenueColumnAmt |
| Exclusion | $11,004,869 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $747,464 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $269,841 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $600,169 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $147,295 | TotalRevenueColumnAmt |
| Exclusion | $147,295 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $235,687 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $212,603 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,084 | TotalRevenueColumnAmt |
| Exclusion | $23,084 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| CAFETERIA | 900099 | $97,493 | $97,493 |
| AUXILIARY INCOME | 900099 | $24,400 | $24,400 |
| FORFEITURES AND RECOVERIES | 900099 | $19,923 | $19,923 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $55,919 | TotalRevenueColumnAmt |
| Exclusion | $55,919 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $197,735 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $70,416,955 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $48,172,357 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $15,765,019 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,860,214 | TotalAmt |
| Program Services | $4,860,214 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,096,236 | TotalAmt |
| Program Services | $199,114 | ProgramServicesAmt |
| Management And General | $698,008 | ManagementAndGeneralAmt |
| Fundraising | $199,114 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,793,247 | TotalAmt |
| Program Services | $25,551,207 | ProgramServicesAmt |
| Management And General | $1,142,992 | ManagementAndGeneralAmt |
| Fundraising | $1,099,048 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,356,619 | TotalAmt |
| Program Services | $1,791,321 | ProgramServicesAmt |
| Management And General | $564,378 | ManagementAndGeneralAmt |
| Fundraising | $920 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,807,648 | TotalAmt |
| Program Services | $5,479,965 | ProgramServicesAmt |
| Management And General | $31,396 | ManagementAndGeneralAmt |
| Fundraising | $296,287 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,293,559 | TotalAmt |
| Program Services | $1,825,337 | ProgramServicesAmt |
| Management And General | $467,058 | ManagementAndGeneralAmt |
| Fundraising | $1,164 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,249 | TotalAmt |
| Management And General | $119,249 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,385 | TotalAmt |
| Management And General | $85,385 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $383,504 | TotalAmt |
| Management And General | $383,504 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $246,767 | TotalAmt |
| Management And General | $246,767 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $135,555 | TotalAmt |
| Management And General | $134,789 | ManagementAndGeneralAmt |
| Fundraising | $766 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,423,388 | TotalAmt |
| Program Services | $2,403,455 | ProgramServicesAmt |
| Management And General | $708,694 | ManagementAndGeneralAmt |
| Fundraising | $311,239 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $487,607 | TotalAmt |
| Program Services | $484,586 | ProgramServicesAmt |
| Fundraising | $3,021 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,950,165 | TotalAmt |
| Program Services | $2,888,445 | ProgramServicesAmt |
| Management And General | $31,160 | ManagementAndGeneralAmt |
| Fundraising | $30,560 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $499,182 | TotalAmt |
| Program Services | $294,546 | ProgramServicesAmt |
| Management And General | $183,481 | ManagementAndGeneralAmt |
| Fundraising | $21,155 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $321,407 | TotalAmt |
| Program Services | $292,046 | ProgramServicesAmt |
| Management And General | $26,271 | ManagementAndGeneralAmt |
| Fundraising | $3,090 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,531,461 | TotalAmt |
| Program Services | $4,393,835 | ProgramServicesAmt |
| Management And General | $68,813 | ManagementAndGeneralAmt |
| Fundraising | $68,813 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,006,472 | TotalAmt |
| Program Services | $985,616 | ProgramServicesAmt |
| Management And General | $10,428 | ManagementAndGeneralAmt |
| Fundraising | $10,428 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| STUDENT ACTIVITIES | $511,476 | $511,476 | ||
| ENTERTAINMENT | $440,059 | $47,523 | $156,372 | $236,164 |
| MEMBERSHIP DUES | $373,776 | $255,952 | $102,372 | $15,452 |
| TRANSPORTATION | $217,835 | $217,691 | $72 | $72 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $582,484 | TotalAmt |
| Program Services | $392,562 | ProgramServicesAmt |
| Management And General | $122,001 | ManagementAndGeneralAmt |
| Fundraising | $67,921 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,523,295 | TotalAmt |
| Program Services | $52,874,891 | ProgramServicesAmt |
| Management And General | $5,283,190 | ManagementAndGeneralAmt |
| Fundraising | $2,365,214 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,300 | BOYAmt |
| EOY | $2,300 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,185,305 | BOYAmt |
| EOY | $6,448,419 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,881,008 | BOYAmt |
| EOY | $3,159,572 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,887 | BOYAmt |
| EOY | $279,901 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $119,503 | BOYAmt |
| EOY | $140,221 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,082,447 | BOYAmt |
| EOY | $1,173,440 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $163,428,890 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $67,256,366 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,396,522 | BOYAmt |
| EOY | $96,172,524 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $189,044,989 | BOYAmt |
| EOY | $201,519,978 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,380,558 | BOYAmt |
| EOY | $2,928,747 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $288,198,519 | BOYAmt |
| EOY | $311,825,102 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,251,100 | BOYAmt |
| EOY | $7,846,771 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,460,820 | BOYAmt |
| EOY | $3,455,239 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,729,090 | BOYAmt |
| EOY | $44,430,895 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,797,502 | BOYAmt |
| EOY | $8,894,652 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,238,512 | BOYAmt |
| EOY | $64,627,557 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $184,330,793 | BOYAmt |
| EOY | $191,195,849 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,493,894 | BOYAmt |
| EOY | $29,985,674 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,135,320 | BOYAmt |
| EOY | $26,016,022 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $235,960,007 | BOYAmt |
| EOY | $247,197,545 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $288,198,519 | BOYAmt |
| EOY | $311,825,102 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $9,893,660 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,044,278 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $299,600 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,700,403 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,415,991 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,473,465 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,641,288 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,479,579 | CurrentTaxYearAmt |
| Total | $26,710,726 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,700,403 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,415,991 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,473,465 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,641,288 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,479,579 | CurrentTaxYearAmt |
| Total | $26,710,726 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $504,620 | SubstantialContributorsTotAmt |
| Public Support Total170 | $26,206,106 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,437,414 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,727,130 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,852,012 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,709,773 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,784,709 | CurrentTaxYearAmt |
| Total | $33,511,038 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $796,652 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $801,721 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $977,386 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $980,017 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $847,706 | CurrentTaxYearAmt |
| Total | $4,403,482 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $64,625,246 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $219,932,882 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.40551 | PublicSupportCY170Pct |
| Public Support PY170 | 0.38310 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $174,302,570 | BeginningYearBalanceAmt |
| Contributions | $883,207 | ContributionsAmt |
| Investment Earnings Or Losses | $16,379,075 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,228,438 | GrantsOrScholarshipsAmt |
| End Year Balance | $183,336,414 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $158,622,451 | BeginningYearBalanceAmt |
| Contributions | $2,282,754 | ContributionsAmt |
| Investment Earnings Or Losses | $21,741,319 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,343,954 | GrantsOrScholarshipsAmt |
| End Year Balance | $174,302,570 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $163,340,223 | BeginningYearBalanceAmt |
| Contributions | $494,292 | ContributionsAmt |
| Investment Earnings Or Losses | $2,859,513 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $8,071,577 | GrantsOrScholarshipsAmt |
| End Year Balance | $158,622,451 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $166,302,970 | BeginningYearBalanceAmt |
| Contributions | $1,142,105 | ContributionsAmt |
| Investment Earnings Or Losses | $3,311,733 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,416,585 | GrantsOrScholarshipsAmt |
| End Year Balance | $163,340,223 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $144,289,471 | BeginningYearBalanceAmt |
| Contributions | $585,280 | ContributionsAmt |
| Investment Earnings Or Losses | $27,455,277 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $6,027,058 | GrantsOrScholarshipsAmt |
| End Year Balance | $166,302,970 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.77764 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.14190 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.08045 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $25,471,405 | OtherCostOrOtherBasisAmt |
| Book Value | $25,471,405 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $91,023,060 | OtherCostOrOtherBasisAmt |
| Depreciation | $37,535,446 | DepreciationAmt |
| Book Value | $53,487,614 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $46,934,425 | OtherCostOrOtherBasisAmt |
| Depreciation | $29,720,920 | DepreciationAmt |
| Book Value | $17,213,505 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $96,172,524 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| STUDENT DEPOSITS | $945,432 |
| OBLIGATION INTEREST RATE SWAP | $713,738 |
| DEPOSITS HELD FOR OTHERS | $1,870,672 |
| ACCRUED POSTRETIREMENT HEALTH | $3,980,122 |
| CAPITAL LEASE OBLIGATIONS | $1,384,688 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $8,894,652 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $67,149,364 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,343,878 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $62,390 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $569,859 | OtherRevenueAmt |
| Revenue Not Reported | $1,976,127 | RevenueNotReportedAmt |
| Revenue Subtotal | $65,173,237 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $383,504 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $4,860,214 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $5,243,718 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $70,416,955 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $55,911,826 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $62,390 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $569,859 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $632,249 | ExpensesNotReportedAmt |
| Expenses Subtotal | $55,279,577 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $383,504 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $4,860,214 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $5,243,718 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $60,523,295 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS | FORM 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 $ 212,603 - BOOKSTORE EXPENSES REPORTED NET ON 990 AND GROSS ON FINANCIAL STATEMENTS $ 129,579 - RENTAL EXPENSES REPORTED NET ON 990 AND GROSS ON FINANCIAL STATEMENTS $ 227,677 - ASSET GAIN/LOSS REPORTED ON 990 AND GROSS ON FINANCIAL STATEMENTS ----------- $ 569,859 REVENUE ON TAX RETURN NOT INCLUDED ON FINANCIAL STATEMENTS SCHEDULE D, PART XI, LINE 4B $ 4,860,214 - FINANCIAL AID EXPENSES are REPORTED GROSS ON 990 AND NET ON FINANCIAL STATEMENTS |
| EXPENSE ON FINANCIAL STATEMENTS NOT INCLUDED ON TAX RETURN | SCHEDULE D, PART XII, LINE 2D $ 212,603 - BOOKSTORE EXPENSES REPORTED NET ON 990 AND GROSS ON FINANCIAL STATEMENTS $ 129,579 -RENTAL EXPENSES REPORTED NET ON 990 AND GROSS ON FINANCIAL STATEMENTS $ 227,677 -ASSET GAIN/LOSS REPORTED ON 990 AND GROSS ON FINANCIAL STATEMENTS ----------- $ 569,859 EXPENSE ON TAX RETURN NOT ON FINANCIAL STATEMENTS SCHEDULE D, PART XII, LINE 4B $ 4,860,214 - FINANCIAL AID EXPENSES ARE REPORTED GROSS ON 990 AND NET ON FINANCIAL STATEMENTS |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | false | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY | FormAndLineReferenceDesc |
| Explanation | FORM 990, SCHEDULE E, LINE 3 PERIODIC NEWSPAPER ADVERTISEMENTS STATING NON-DISCRIMINATORY POLICY OF THE SCHOOL. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | FAMILY FAIR | Event1Nm |
| Gross Receipts Event1 | $754,877 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $208,581 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $546,296 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $2,100 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $30,156 | NonCashPrizesEvent1Amt |
| Food And Beverage Event1 | $64,114 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $6,396 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $304,871 | OtherDirectExpensesEvent1Amt |
| Event2 | TOUCH OF IOLANI | Event2Nm |
| Gross Receipts Event2 | $202,548 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $42,075 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $160,473 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $11,083 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $54,614 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $78,759 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $59,880 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $19,185 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $40,695 | GrossRevenueOtherEventsAmt |
| Cash Prizes Other Events | $1,200 | CashPrizesOtherEventsAmt |
| Non Cash Prizes Other Events | $10,681 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $13,038 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $17,605 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $5,552 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $1,017,305 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $269,841 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $747,464 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $3,300 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $40,837 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $24,121 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $136,333 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $6,396 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $389,182 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $600,169 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $147,295 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 468 | RecipientCnt |
| Cash Grant | $4,860,214 | CashGrantAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | NONE | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PROCEDURES FOR MONITORING USE OF GRANT FUNDS | FormAndLineReferenceDesc |
| Explanation | FORM 990, SCHEDULE I, PART I, LINE 2 GRANT FUNDS CONSIST ALMOST ENTIRELY OF SCHOLARSHIPS AND FINANCIAL AID, 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Timothy R Cottrell | ||||||||||||||
| Head of School, Ex Officio | $355,250 | $0 | $35,000 | $0 | $48,205 | $0 | $27,000 | $0 | $159,352 | $0 | $624,807 | $0 | $0 | $0 |
| Karen L Neitzel | ||||||||||||||
| Associate Head of School | $211,010 | $0 | $0 | $0 | $0 | $0 | $21,429 | $0 | $12,118 | $0 | $244,557 | $0 | $0 | $0 |
| Reid Gushiken | ||||||||||||||
| Chief Financial Officer | $183,344 | $0 | $0 | $0 | $0 | $0 | $18,855 | $0 | $39,498 | $0 | $241,697 | $0 | $0 | $0 |
| Kimberly Hagi | ||||||||||||||
| Executive Dir. Of Advancement | $177,732 | $0 | $0 | $0 | $0 | $0 | $18,844 | $0 | $40,225 | $0 | $236,801 | $0 | $0 | $0 |
| Linda B Look | ||||||||||||||
| Dean of Lower School | $157,609 | $0 | $0 | $0 | $0 | $0 | $15,682 | $0 | $780 | $0 | $174,071 | $0 | $0 | $0 |
| Aster Chin | ||||||||||||||
| Dean of Upper School | $167,169 | $0 | $0 | $0 | $0 | $0 | $17,767 | $0 | $39,499 | $0 | $224,435 | $0 | $0 | $0 |
| Carey S Inouye | ||||||||||||||
| Faculty/Department Head | $152,373 | $0 | $0 | $0 | $0 | $0 | $15,085 | $0 | $1,030 | $0 | $168,488 | $0 | $0 | $0 |
| Deborah C Hall | ||||||||||||||
| Faculty | $135,353 | $0 | $0 | $0 | $0 | $0 | $13,609 | $0 | $6,543 | $0 | $155,505 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | COMPENSATION EXPENSE | FormAndLineReferenceDesc |
| Explanation | FORM 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ERIK YAMAMOTO | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | FAMILY MEMBER OF TRUSTEE | RelationshipDescriptionTxt |
| Transaction | $118,523 | TransactionAmt |
| Transaction | SEE SCHEDULE L DISCLOSURE | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS | FormAndLineReferenceDesc |
| Explanation | SCHEDULE 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 CO-DIRECTOR OF SPECIAL PROGRAMS IN 2016-17 AND DEAN OF STUDENTS IN 2017-18. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $8,306 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | REPLACEMENT COST | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $1,909 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | REPLACEMENT COST | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $55,129 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | REPLACEMENT COST | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 61 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,627,594 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVG MARKET PRICE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $350 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | REPLACEMENT COST | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 20 | ContributionCnt |
| Noncash Contributions Rpt F990 | $12,278 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | REPLACEMENT COST | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp (5 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | JEWELRY | 3 | $726 | REPLACEMENT COST |
| Yes (X) | GIFT CERTIFICATES | 114 | $31,139 | REPLACEMENT COST |
| Yes (X) | SPORTS GEAR | 2 | $2,861 | REPLACEMENT COST |
| Yes (X) | MUSICAL INSTRUMENTS | 1 | $800 | REPLACEMENT COST |
| Yes (X) | PLANTS | 11 | $6,654 | REPLACEMENT COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| REPORTING NONCASH DONATIONS | SCHEDULE 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 REVENUES | SCHEDULE 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 ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 7b | This 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 POLICY | Form 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 OFFICIAL | FORM 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. THE MOST RECENT COMPARABILITY STUDY PERFORMED FOR THE HEAD OF SCHOOL FOR THE FISCAL YEAR ENDING JUNE, 30, 2018 WAS PERFORMED IN JANUARY 2018. 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 EMPLOYEES | FORM 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 PACKAGE 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 6/30/2018; 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, 2018.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, 2018. |
| INFORMATION AVAILABLE TO PUBLIC | FORM 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 ASSETS | FORM 990, PART IX, LINE 9 Unrealized GAIN on INTEREST RATE SWAP 299,600 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BUILDING FUTURES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 563 KAMOKU STREET | AddressLine1Txt |
| City | HONOLULU | CityNm |
| State Abbreviation | HI | StateAbbreviationCd |
| ZIP | 96826 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 264097997 | EIN |
| Primary Activities | REAL ESTATE | PrimaryActivitiesTxt |
| Legal Domicile State | HI | LegalDomicileStateCd |
| Total Income | $238,477 | TotalIncomeAmt |
| End Of Year Assets | $25,907,475 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IOLANI SCH | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | H&M MIST TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 3170 DEPT 715 | AddressLine1Txt |
| City | HONOLULU | CityNm |
| State Abbreviation | HI | StateAbbreviationCd |
| ZIP | 968023170 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 990259507 | EIN |
| Primary Activities | CHAR. TRUST | PrimaryActivitiesTxt |
| Legal Domicile State | HI | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | PF | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IOLANI SCH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KANEOHE PROPERTIES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 563 KAMOKU STREET | AddressLine1Txt |
| City | HONOLULU | CityNm |
| State Abbreviation | HI | StateAbbreviationCd |
| ZIP | 96826 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 943263925 | EIN |
| Primary Activities | REAL ESTATE | PrimaryActivitiesTxt |
| Legal Domicile State | HI | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C Corp | EntityTypeTxt |
| Share Of Total Income | -$10 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $549 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |