PUNAHOU SCHOOL: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- PUNAHOU SCHOOL (EIN 99-0073523)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-12
- IRS object ID
- 201401329349304215
- Schema version
- 2012v2.3
- 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) |
|---|---|---|
| Timestamp | 2014-05-12T20:07:27-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4150 | AddressLine1 |
| City | Honolulu | City |
| State | HI | State |
| ZIP Code | 968124150 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 990073523 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PUNAHOU SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % JILL KAWANO | InCareOfName |
| Name Control | PUNA | NameControl |
| Phone | 8089445711 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 PUNAHOU STREET | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | HONOLULU | City |
| State | HI | State |
| ZIP Code | 96822 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JILL KAWANO | Name |
| Title | ASSISTANT TREASURER | Title |
| Phone | 8089445711 | Phone |
| Date Signed | 2014-05-12 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8085402800 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JILL KAWANO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 PUNAHOU STREET | AddressLine1 |
| City | HONOLULU | City |
| State | HI | State |
| ZIP Code | 96822 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 144430644 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.PUNAHOU.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1853 | YearFormation |
| State Legal Domicile | HI | StateLegalDomicile |
| Activity Or Mission Description | PUNAHOU SCHOOL IS A PRIMARY AND SECONDARY SCHOOL THAT IS RECOGNIZED FOR ITS ACADEMIC EXCELLENCE, ATHLETIC PROGRAMS, AND EXTRACURRICULAR ACTIVITIES. MORE THAN 3750 STUDENTS ATTEND THE SCHOOL IN GRADES K-12. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 19 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2102 | TotalNbrEmployees |
| Total Nbr Volunteers | 5000 | TotalNbrVolunteers |
| Total Gross UBI | -211781 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -211781 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 9332398 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 10227006 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 78517552 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 82412916 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2999237 | InvestmentIncomePriorYear |
| Investment Income Current Year | 13362141 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2145971 | OtherRevenuePriorYear |
| Other Revenue Current Year | 2495102 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 92995158 | TotalRevenuePriorYear |
| Total Revenue Current Year | 108497165 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 4362441 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 5106577 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 64443244 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 67594306 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 18055 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2681241 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 24506895 | OtherExpensePriorYear |
| Other Expenses Current Year | 24247663 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 93312580 | TotalExpensesPriorYear |
| Total Expenses Current Year | 96966601 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -317422 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 11530564 | RevenuesLessExpensesCY |
| Total Assets BOY | 363001588 | TotalAssetsBOY |
| Total Assets EOY | 368768617 | TotalAssetsEOY |
| Total Liabilities BOY | 48161132 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 42598871 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 314840456 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 326169746 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | PUNAHOU IS COMMITTED TO PROVIDE AN ENVIRONMENT WHERE STUDENTS CAN DEVELOP MORAL AND SPIRITUAL VALUES CONSISTENT WITH THE CHRISTIAN PRINCIPLES ON WHICH PUNAHOU WAS FOUNDED, AFFIRMING THE WORTH AND DIGNITY OF EACH INDIVIDUAL; DEVELOP INTELLECTUAL, ACADEMIC AND PHYSICAL POTENTIAL TO THE FULLEST DEGREE, PREPARING THEM FOR COLLEGE AND FOR CHALLENGES FACING THEM NOW AND IN THE FUTURE; DEVELOP AND ENHANCE CREATIVITY AND APPRECIATION FOR THE ARTS; APPRECIATE CULTURAL DIVERSTIY AND DEVELOP SOCIAL RESPONSIBILTY. FOUNDED IN 1841, PUNAHOU SCHOOL IS THE LARGEST INDEPENDENT SCHOOL IN AMERICA. IT IS A PRIVATELY OPERATED SCHOOL SERVING CHILDREN FROM EVERY RACIAL, RELIGIOUS, SOCIAL AND ECONOMIC GROUP IN HAWAII. PUNAHOU HAS FACULTY AND ACADEMIC SUPPORT STAFF OF APPROXIMATELY 600, SERVING ABOUT 3,750 STUDENTS FROM KINDERGARTEN TO GRADE 12. THE SCHOOL IS DIVIDED INTO TWO MAJOR DIVISIONS: THE JUNIOR SCHOOL (KINDERGARTEN TO GRADE 8) AND THE ACADEMY (GRADES 9 TO 12), EACH WITH ITS OWN PRINCIPAL. IN ADDITION, | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 72422709 | Expense |
| Grants | 5106577 | Grants |
| Revenue | 75638466 | Revenue |
| Description | ACADEMIC CURRICULUM - PUNAHOU SCHOOL IS A COEDUCATIONAL COLLEGE PREPATORY DAY SCHOOL OFFERING EDUCATIONAL EXCELLENCE. MORE THAN 96 PERCENT OF PUNAHOU GRADUATES GO ON TO ATTEND COLLEGE. CURRENTLY, PUNAHOU IS DIVIDED INTO THE JUNIOR SCHOOL, KINDERGARTEN THROUGH GRADE 8, AND THE ACADEMY, GRADES 9-12. THE JUNIOR SCHOOL (K-8) IS COMPOSED OF THREE SECTIONS WITH A PRINCIPAL AND FIVE SUPERVISORS OVERSEEING APPROXIMATELY 2,000 STUDENTS. THESE SMALLER, SELF-CONTAINED SECTIONS FOR K-2, 3-5 AND 6-8 ARE DESIGNED TO MEET THE SPECIAL NEEDS OF THESE GROUPS OF CHILDREN. SUPPLEMENTAL EDUCATION, SUCH AS OUTDOOR AND CAMP EXPERIENCES, ARE ALSO OFFERED IN THE JUNIOR SCHOOL. THE CASE MIDDLE SCHOOL WAS COMPLETED IN 2005 FOR GRADES 6-8. THIS EXPANDED AREA OF CAMPUS WAS DESIGNED TO SUPPORT AN EDUCATION PROGRAM DESIGNED SPECIFICALLY TO MEET THE INTELLECTUAL AND SOCIAL NEEDS OF EARLY ADOLESCENTS. THE LEARNING ENVIRONMENT RECOGNIZES THIS DEVELOPMENTAL PERIOD THROUGH MORE INTIMATE ORGANIZATIONAL STRUCTURES, FACILITIES MORE OPEN TO THE ENVIRONMENT AND CLASSROOM AND GATHERING SPACES DESIGNED TO ENCOURAGE COLLABORATION AND INTEGRATED LEARNING. IN THE ACADEMY, COLLEGE PREPARATORY GRADUATION REQUIREMENTS INCLUDE CREDITS IN ENGLISH, SCIENCE, SOCIAL STUDIES, MATHEMATICS, FOREIGN LANGUAGE, PHYSICAL EDUCATION, PERFORMING ARTS, AND COMMUNITY SERVICE. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4792536 | Expense |
| Revenue | 3517706 | Revenue |
| Description | SUMMER SCHOOL OFFERS A VARIED AND ENRICHED PROGRAM IN ACADEMICS, SPORTS, MUSIC AND DANCE. THE PROGRAMS STIMULATE INTEREST, CREATIVITY AND ENJOYMENT IN SPECIAL AREAS THAT ARE NOT ALWAYS COVERED DURING THE REGULAR SCHOOL YEAR. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3713096 | Expense |
| Revenue | 3105323 | Revenue |
| Description | CO-CURRICULAR ACTIVITIES ARE AN ESSENTIAL PART OF THE PUNAHOU EXPERIENCE, HELPING STUDENTS DEVELOP A SENSE OF RESPONSIBILITY, COMMITMENT, CONFIDENCE AND LEADERSHIP. WITH A FOCUS ON EXPERIENTIAL, HANDS-ON, AND COLLABORATIVE LEARNING, THE CURRICULUM IS SUPPORTED BY A WIDE VARIETY OF MEDIA SERVICES, TECHNOLOGY RESOURCES AND A WELL-ROUNDED ARTS PROGRAM. | Description |
Activity Other ActivityOther (3 entries)
| ExpenseExpense | RevenueRevenue | DescriptionDescription |
|---|---|---|
| 2922372 | 83720 | ATHLETICS |
| 577348 | 20128 | MUSIC DEPARTMENT & THEATER PROGRAMS |
| 175238 | 47573 | STUDENT ACTIVITIES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 3674958 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 151421 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 84603299 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | true | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 126 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 2102 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 19 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | false | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | HI | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JILL KAWANO | NamePerson |
| Telephone Number | 8089445711 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 PUNAHOU STREET | AddressLine1 |
| City | HONOLULU | City |
| State | HI | State |
| ZIP Code | 96822 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (30 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| ETHAN DB ABBOTT | |||||||||
| TRUSTEE | 1.0 | 0.0 | X | 0 | 0 | 0 | |||
| W DAVID P CAREY III | |||||||||
| TRUSTEE | 1.0 | 0.0 | X | 0 | 0 | 0 | |||
| STEPHEN M CASE | |||||||||
| TRUSTEE | 1.0 | 0.0 | X | 0 | 0 | 0 | |||
| HAN H SONNY CHING | |||||||||
| TRUSTEE | 1.0 | 0.0 | X | 0 | 0 | 0 | |||
| MARGARET M COLE | |||||||||
| ASSISTANT SECRETARY | 1.0 | 0.0 | X | 0 | 0 | 0 | X | ||
| DEBORAH K BERGER | |||||||||
| TRUSTEE | 1.0 | 0.0 | X | 0 | 0 | 0 | |||
| WENDY B CRABB | |||||||||
| TRUSTEE | 1.0 | 0.0 | X | 0 | 0 | 0 | |||
| JUDITH M DAWSON | |||||||||
| TRUSTEE | 1.0 | 0.0 | X | 0 | 0 | 0 | |||
| MARK H FUKUNAGA | |||||||||
| SECOND VICE CHAIR - FINANCE | 1.0 | 0.0 | X | 0 | 0 | 0 | X | ||
| RONALD D HIGGINS II | |||||||||
| TRUSTEE | 1.0 | 0.0 | X | 0 | 0 | 0 | |||
| CLAIRE O JOHNSON | |||||||||
| CHAIR OF THE BOARD | 1.0 | 0.0 | X | 0 | 0 | 0 | X | ||
| CONSTANCE H LAU | |||||||||
| TRUSTEE | 1.0 | 0.0 | X | 0 | 0 | 0 | |||
| WARREN KK LUKE | |||||||||
| TRUSTEE | 1.0 | 0.0 | X | 0 | 0 | 0 | |||
| DUNCAN MACNAUGHTON | |||||||||
| FIRST VICE CHAIR | 1.0 | 0.0 | X | 0 | 0 | 0 | X | ||
| RANDOLPH G MOORE | |||||||||
| TRUSTEE | 1.0 | 0.0 | X | 0 | 0 | 0 | |||
| PIERRE M OMIDYAR | |||||||||
| TRUSTEE | 1.0 | 0.0 | X | 0 | 0 | 0 | |||
| MICHAEL A PIETSCH | |||||||||
| TRUSTEE | 1.0 | 0.0 | X | 0 | 0 | 0 | |||
| JEFFREY N WATANABE | |||||||||
| TRUSTEE | 1.0 | 0.0 | X | 0 | 0 | 0 | |||
| KATHLEEN SULLIVAN WO | |||||||||
| SECRETARY | 1.0 | 0.0 | X | 0 | 0 | 0 | X | ||
| JAMES K SCOTT | |||||||||
| PRESIDENT | 40.0 | 0.0 | 368983 | 0 | 116943 | X | |||
| JOHN D FIELD JR | |||||||||
| VICE PRESIDENT & TREASURER | 40.0 | 0.0 | 244043 | 0 | 27221 | X | |||
| JILL M KAWANO | |||||||||
| ASST. TREASURER & CONTROLLER | 40.0 | 0.0 | 134951 | 0 | 13514 | X | |||
| KEVIN E CONWAY | |||||||||
| PRINCIPAL - ACADEMY | 40.0 | 0.0 | 258740 | 0 | 23125 | X | |||
| MICHAEL T WALKER | |||||||||
| PRINCIPAL - JUNIOR SCHOOL | 40.0 | 0.0 | 228154 | 0 | 71946 | X | |||
| KATHRYN A NELSON | |||||||||
| VP - INSTITUTIONAL ADVANCEMENT | 40.0 | 0.0 | 194086 | 0 | 17393 | X | |||
| BARBARA Y MORGAN | |||||||||
| SR. DIR. LEGACY PLANNING SVCS | 40.0 | 0.0 | 149541 | 0 | 24690 | X | |||
| JOHN R OVERTON II | |||||||||
| DIRECTOR - PHYSICAL PLANT | 40.0 | 0.0 | 145176 | 0 | 23712 | X | |||
| JEANEY J GARCIA | |||||||||
| ATHLETICS DIRECTOR | 40.0 | 0.0 | 144615 | 0 | 23358 | X | |||
| PAULINE L BAILEY | |||||||||
| DIRECTOR - HUMAN RESOURCES | 40.0 | 0.0 | 144282 | 0 | 11547 | X | |||
| PAULA G HODGES | |||||||||
| ACADEMY ASSISTANT PRINCIPAL | 40.0 | 0.0 | 145278 | 0 | 23417 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2157849 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 376866 | TotalOtherCompensation |
| Number Individuals GT100 K | 49 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| CAMBRIDGE ASSOCIATES | |||||
| PO BOX 10317 | UNIONDALE | NY | 115550317 | CONSULTING SERVICES | 360063 |
| KPMG LLP | |||||
| 1003 BISHOP STREET SUITE 2100 | HONOLULU | HI | 96813 | AUDIT & TAX SERVICES | 148010 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Fundraising Events | 186532 | FundraisingEvents |
| All Other Contributions | 10040474 | AllOtherContributions |
| Noncash Contributions | 192994 | NoncashContributions |
| Total Contributions | 10227006 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 900099 | 79156171 | 79156171 |
| INSTRUCTIONAL SERVICES | 900099 | 3256745 | 3256745 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 82412916 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3080232 | TotalRevenueColumn |
| Unrelated Business Revenue | -211781 | UnrelatedBusinessRevenue |
| Exclusion | $3,292,013 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 286326 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 427706 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -141380 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -141380 | TotalRevenueColumn |
| Exclusion | -$141,380 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 9834857 | Securities |
| Other | 33690524 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7953915 | Securities |
| Other | 25289557 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1880942 | Securities |
| Other | 8400967 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10281909 | TotalRevenueColumn |
| Exclusion | $10,281,909 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 2230095 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 186532 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 2039208 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 190887 | TotalRevenueColumn |
| Exclusion | $190,887 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 177962 | GrossSalesOfInventory |
| Cost Of Goods Sold | 223093 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -45131 | TotalRevenueColumn |
| Exclusion | -$45,131 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CAFETERIA | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 2490726 | TotalRevenueColumn |
| Exclusion | $2,490,726 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2490726 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 108497165 | TotalRevenueColumn |
| Related Or Exempt Function Income | 82412916 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -211781 | UnrelatedBusinessRevenue |
| Exclusion | $16,069,024 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5106577 | Total |
| Program Services | 5106577 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1612804 | Total |
| Program Services | 555188 | ProgramServices |
| Management And General | 842819 | ManagementAndGeneral |
| Fundraising | 214797 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 307697 | Total |
| Program Services | 307697 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46411284 | Total |
| Program Services | 41920863 | ProgramServices |
| Management And General | 3256324 | ManagementAndGeneral |
| Fundraising | 1234097 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3638552 | Total |
| Program Services | 3250427 | ProgramServices |
| Management And General | 289796 | ManagementAndGeneral |
| Fundraising | 98329 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12077390 | Total |
| Program Services | 10383914 | ProgramServices |
| Management And General | 1284288 | ManagementAndGeneral |
| Fundraising | 409188 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3546579 | Total |
| Program Services | 3115195 | ProgramServices |
| Management And General | 327250 | ManagementAndGeneral |
| Fundraising | 104134 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125940 | Total |
| Management And General | 125940 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 144398 | Total |
| Management And General | 144398 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18055 | Total |
| Fundraising | 18055 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 480559 | Total |
| Management And General | 479150 | ManagementAndGeneral |
| Fundraising | 1409 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 631709 | Total |
| Program Services | 103416 | ProgramServices |
| Management And General | 518092 | ManagementAndGeneral |
| Fundraising | 10201 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 331184 | Total |
| Program Services | 717 | ProgramServices |
| Management And General | 330467 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 917928 | Total |
| Program Services | 418570 | ProgramServices |
| Management And General | 226776 | ManagementAndGeneral |
| Fundraising | 272582 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1249565 | Total |
| Program Services | 542339 | ProgramServices |
| Management And General | 686965 | ManagementAndGeneral |
| Fundraising | 20261 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4198 | Total |
| Program Services | 4198 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4220591 | Total |
| Program Services | 4083839 | ProgramServices |
| Management And General | 125440 | ManagementAndGeneral |
| Fundraising | 11312 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1285567 | Total |
| Program Services | 1173059 | ProgramServices |
| Management And General | 47376 | ManagementAndGeneral |
| Fundraising | 65132 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 162616 | Total |
| Program Services | 106652 | ProgramServices |
| Management And General | 38632 | ManagementAndGeneral |
| Fundraising | 17332 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8159928 | Total |
| Program Services | 7895537 | ProgramServices |
| Management And General | 242521 | ManagementAndGeneral |
| Fundraising | 21870 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| INSTRUCTIONAL | 2972878 | 2972878 | ||
| CAFETERIA EXPENSE | 1453454 | 1453454 | ||
| OPERATION OF PHYSICAL PLANT | 438084 | 423890 | 13020 | 1174 |
| ADMINISTRATION | 884074 | 702754 | 181320 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 784990 | Total |
| Program Services | 784889 | ProgramServices |
| Management And General | 53 | ManagementAndGeneral |
| Fundraising | 48 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 96966601 | Total |
| Program Services | 84603299 | ProgramServices |
| Management And General | 9682061 | ManagementAndGeneral |
| Fundraising | 2681241 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1851723 | BOY |
| EOY | 2063708 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28219325 | BOY |
| EOY | 38605279 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5820017 | BOY |
| EOY | 4122870 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 111653 | BOY |
| EOY | 2156309 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 288295 | BOY |
| EOY | 277382 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 179570 | BOY |
| EOY | 196912 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2596514 | BOY |
| EOY | 2496362 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 233429011 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 109769320 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 126552882 | BOY |
| EOY | 123659691 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71236400 | BOY |
| EOY | 73046017 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105200450 | BOY |
| EOY | 100417696 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20944759 | BOY |
| EOY | 21726391 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 363001588 | BOY |
| EOY | 368768617 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23190987 | BOY |
| EOY | 22584015 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6675202 | BOY |
| EOY | 6773379 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11200000 | BOY |
| EOY | 6500000 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7094943 | BOY |
| EOY | 6741477 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48161132 | BOY |
| EOY | 42598871 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 213976786 | BOY |
| EOY | 219327959 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40028998 | BOY |
| EOY | 42063665 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60834672 | BOY |
| EOY | 64778122 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 314840456 | BOY |
| EOY | 326169746 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 363001588 | BOY |
| EOY | 368768617 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 11530564 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | -2993705 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 2792431 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 3 | NumberDAFsHeld |
| Donor Advised Contributions | 31596 | DonorAdvisedContributions |
| Grants Paid From Donor Funds | 356278 | GrantsPaidFromDonorFunds |
| Aggregate DAF Value | 6248276 | AggregateDAFValue |
| Disclosed Orgs Legal Control | true | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | true | DisclosedForCharitablePurposes |
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 187609571 | BeginningOfYearBalance |
| Contributions | 3805659 | Contributions |
| Investment Earnings Or Losses | 10962824 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2026784 | GrantsOrScholarships |
| Other Expenditures | 5013231 | OtherExpenditures |
| Administrative Expenses | 456150 | AdministrativeExpenses |
| End Of Year Balance | 194881889 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 188286691 | BeginningOfYearBalance |
| Contributions | 3054138 | Contributions |
| Investment Earnings Or Losses | 3649994 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1967870 | GrantsOrScholarships |
| Other Expenditures | 4945137 | OtherExpenditures |
| Administrative Expenses | 468245 | AdministrativeExpenses |
| End Of Year Balance | 187609571 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 171887008 | BeginningOfYearBalance |
| Contributions | 4559539 | Contributions |
| Investment Earnings Or Losses | 19027143 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1892535 | GrantsOrScholarships |
| Other Expenditures | 4912865 | OtherExpenditures |
| Administrative Expenses | 381599 | AdministrativeExpenses |
| End Of Year Balance | 188286691 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 163956574 | BeginningOfYearBalance |
| Contributions | 2894026 | Contributions |
| Investment Earnings Or Losses | 11959071 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1762040 | GrantsOrScholarships |
| Other Expenditures | 4644080 | OtherExpenditures |
| Administrative Expenses | 516543 | AdministrativeExpenses |
| End Of Year Balance | 171887008 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 183820790 | BeginningOfYearBalance |
| Contributions | 3162679 | Contributions |
| Investment Earnings Or Losses | -16333168 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1708752 | GrantsOrScholarships |
| Other Expenditures | 4515290 | OtherExpenditures |
| Administrative Expenses | 469685 | AdministrativeExpenses |
| End Of Year Balance | 163956574 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.49324 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.33240 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.17436 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 500498 | OtherCostOrOtherBasis |
| Book Value | 500498 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 158536401 | OtherCostOrOtherBasis |
| Depreciation | 59760841 | Depreciation |
| Book Value | 98775560 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18304317 | OtherCostOrOtherBasis |
| Depreciation | 9298819 | Depreciation |
| Book Value | 9005498 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 49811510 | OtherCostOrOtherBasis |
| Depreciation | 39752056 | Depreciation |
| Book Value | 10059454 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6276285 | OtherCostOrOtherBasis |
| Depreciation | 957604 | Depreciation |
| Book Value | 5318681 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 123659691 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENT IN LTD PARTNERSHIPS | Description |
| Book Value | 100417696 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 100417696 | TotalOfBookValueSecurities |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | BENEFICIAL INTEREST IN | Description |
| Book Value | 21726391 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 21726391 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEPOSITS HELD IN CUSTODY | $739,072 |
| CAPITAL LEASE | $820,441 |
| LIABILITY UNDER SPLIT-INTEREST | $3,190,324 |
| OTHER LIABILITIES | $1,991,640 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 6741477 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 108652134 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -2993705 | NetUnrealizedGainsInvestments |
| Other Revenues | 1160910 | OtherRevenues |
| Revenue Not Rptd F990 | -1832795 | RevenueNotRptdF990 |
| Revenue Subtotal | 110484929 | RevenueSubtotal |
| Investment Expenses Not Included | 479150 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -2466914 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -1987764 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 108497165 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 97322844 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 835393 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 835393 | ExpensesNotRptdF990 |
| Expenses Subtotal | 96487451 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 479150 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 479150 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 96966601 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| RECONCILIATION OF REVENUE | SCHEDULE D, PART XI, LINE 2D | OTHER ADJUSTMENTS ARE AS FOLLOWS: CHANGE IN VALUE OF SPLIT-INT AGR : 878,651 LOSS ON SALE OF FIXED ASSETS : 122,801 BOOKSTORE EXPENSES NET ON 990 : 223,093 FMV ADJUSTMENT - INVESTMENTS : (63,635) ---------- TOTAL 1,160,910 |
| RECONCILIATION OF REVENUE | SCHEDULE D, PART XI, LINE 4B | OTHER ADJUSTMENTS ARE AS FOLLOWS: CARNIVAL EXPENSES NET ON 990 : (2,039,208) RENTAL EXPENSES NET ON 990 : (427,706) ----------- TOTAL (2,466,914) |
| RECONCILIATION OF EXPENSES | SCHEDULE D, PART XII, LINE 2D | OTHER ADJUSTMENTS ARE AS FOLLOWS: CARNIVAL EXPENSES NET ON 990 : 2,039,208 RENTAL EXPENSES NET ON 990 : 427,706 LOSS ON SALE OF FIXED ASSETS : 122,801 BOOKSTORE EXPENSES NET ON 990 : 223,093 ACCOUNTING ADJ FOR ADOPTION OF FASB 158: ($ 1,977,415) ---------------- TOTAL 835,393 |
| FIN 48 FOOTNOTE | SCHEDULE D, PART X, LINE 2 | THE SCHOOL RECOGNIZES INCOME TAX POSITIONS IN ACCORDANCE WITH ASC TOPIC 740-10 (INTEREPRETATION 48), INCOME TAXES - OVERALL, (ASC TOPIC 740), WHICH PRESCRIBES A "MORE-LIKELY THAN-NOT" RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE (THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE RESOLUTION WITH TAX AUTHORITIES) FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF AN INCOME TAX POSITION EXPECTED TO BE TAKEN IN A TAX RETURN. |
| INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS | SCHEDULE D, PART V, LINE 4 | THE PRIMARY PURPOSE OF THE ENDOWMENT FUNDS FOR PUNAHOU SCHOOL IS THE CREATION AND MAINTENANCE OF SCHOLARSHIPS IN ORDER TO HELP ALLEVIATE THE COST OF EDUCATING THEIR STUDENTS. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PUBLICATION OF RACIALLY NON-DISCRIMINATORY POLICY | Identifier |
| Return Reference | FORM 990, SCHEDULE E, LINE 3 | ReturnReference |
| Explanation | STATED IN PERIODIC NEWSPAPER ADVERTISEMENT. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | CARNIVAL | NameOfEvent1 |
| Gross Receipts Event1 | 2416627 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 186532 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 2230095 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 22994 | NonCashPrizesEvent1 |
| Food And Beverage Event1 | 231641 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 757766 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 1026807 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 2416627 | GrossReceiptsTotal |
| Charitable Contributions Total | 186532 | CharitableContributionsTotal |
| Gross Revenue Total Events | 2230095 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 22994 | NonCashPrizesTotalEvents |
| Food And Beverage Total Events | 231641 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 757766 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 1026807 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 2039208 | DirectExpenseSummaryEvents |
| Net Income Summary | 190887 | NetIncomeSummary |
Schedule I IRS990ScheduleI
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 624 | NumberOfRecipients |
| Amount Of Cash Grant | 5106577 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Method Of Valuation | N/A | MethodOfValuation |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING USE OF GRANT FUNDS | Identifier |
| Return Reference | FORM 990, SCHEDULE I, PART I, LINE 2 | ReturnReference |
| Explanation | GRANT FUNDS CONSIST ALMOST ENTIRELY OF SCHOLARSHIPS AND FINANCIAL AID, WHICH ARE GIVEN TO STUDENTS IN THE FORM OF TUITION REDUCTIONS OR WAIVERS. FUNDS ARE ALSO SET ASIDE FOR THE REIMBURSEMENT OF SCHOOL SUPPLIES FOR SOME STUDENTS. THESE STUDENTS MUST SUBMIT RECEIPTS DETAILING THEIR PURCHASES SO THAT PUNAHOU CAN VERIFY THAT AMOUNTS SUBMITTED FOR REIMBURSEMENT CONSIST ENTIRELY OF APPROVED EXPENDITURES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (10 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES K SCOTT | ||||||||||||||
| PRESIDENT | 358183 | 0 | 0 | 0 | 10800 | 0 | 25000 | 0 | 91943 | 0 | 485926 | 0 | 0 | 0 |
| JOHN D FIELD JR | ||||||||||||||
| VICE PRESIDENT & TREASURER | 212843 | 0 | 0 | 0 | 31200 | 0 | 16984 | 0 | 10237 | 0 | 271264 | 0 | 0 | 0 |
| KEVIN E CONWAY | ||||||||||||||
| PRINCIPAL - ACADEMY | 227540 | 0 | 0 | 0 | 31200 | 0 | 18274 | 0 | 4851 | 0 | 281865 | 0 | 0 | 0 |
| MICHAEL T WALKER | ||||||||||||||
| PRINCIPAL - JUNIOR SCHOOL | 220954 | 0 | 0 | 0 | 7200 | 0 | 18274 | 0 | 53672 | 0 | 300100 | 0 | 0 | 0 |
| KATHRYN A NELSON | ||||||||||||||
| VP - INSTITUTIONAL ADVANCEMENT | 191686 | 0 | 0 | 0 | 2400 | 0 | 4000 | 0 | 13393 | 0 | 211479 | 0 | 0 | 0 |
| BARBARA Y MORGAN | ||||||||||||||
| SR. DIR. LEGACY PLANNING SVCS | 149541 | 0 | 0 | 0 | 0 | 0 | 15351 | 0 | 9339 | 0 | 174231 | 0 | 0 | 0 |
| JOHN R OVERTON II | ||||||||||||||
| DIRECTOR - PHYSICAL PLANT | 145176 | 0 | 0 | 0 | 0 | 0 | 12040 | 0 | 11672 | 0 | 168888 | 0 | 0 | 0 |
| JEANEY J GARCIA | ||||||||||||||
| ATHLETICS DIRECTOR | 116115 | 0 | 0 | 0 | 28500 | 0 | 9785 | 0 | 13573 | 0 | 167973 | 0 | 0 | 0 |
| PAULINE L BAILEY | ||||||||||||||
| DIRECTOR - HUMAN RESOURCES | 144282 | 0 | 0 | 0 | 0 | 0 | 11547 | 0 | 0 | 0 | 155829 | 0 | 0 | 0 |
| PAULA G HODGES | ||||||||||||||
| ACADEMY ASSISTANT PRINCIPAL | 145278 | 0 | 0 | 0 | 0 | 0 | 14993 | 0 | 8424 | 0 | 168695 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DETAIL REGARDING COMPENSATION | SCHEDULE J, PART I, LINE 1A | FIRST-CLASS TRAVEL IS PROVIDED TO THE ACADEMY PRINCIPAL, AND IS NOT TREATED AS TAXABLE COMPENSATION. A HOUSING ALLOWANCE IS PROVIDED TO KEVIN CONWAY AND JOHN FIELD AND IS INCLUDED IN THEIR REPORTABLE COMPENSATION. THE PRESIDENT AND THE LOWER SCHOOL PRINCIPAL RESIDE ON CAMPUS AS A CONDITION OF EMPLOYMENT. THIS BENEFIT WAS TREATED AS NONTAXABLE COMPENSATION. THE PRESIDENT, TREASURER, AND VP OF INSTITUTIONAL ADVANCEMENT ARE MEMBERS OF SOCIAL CLUBS FOR THE PURPOSE OF RECREATION, NETWORKING, AND ENTERTAINMENT. THE PORTION OF EXPENSES THAT CAN BE TRACED TO PERSONAL USE ARE TREATED AS TAXABLE COMPENSATION. |
| EXPENSE REIMBURSEMENT POLICY | SCHEDULE J, PART I, LINE 1B | THE SCHOOL FOLLOWS A WRITTEN EXPENSE REIMBURSEMENT POLICY REQUIRING ALL THREE OF THE FOLLOWING: (1) THE EXPENSE MUST BE A SCHOOL-RELATED EXPENSE; (2) SUBSTANTIATION RECEIPTS ARE REQUIRED WITHIN A REASONABLE AMOUNT OF TIME; (3) EXCESS ADVANCES MUST BE RETURNED WITHIN A REASONABLE AMOUNT OF TIME. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (7 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| CONSTANCE H LAU | |||
| TRUSTEE | 2351476 | SEE SCHEDULE L DISCLOSURE | false |
| JEFFREY N WATANABE | |||
| TRUSTEE | 2351476 | SEE SCHEDULE L DISCLOSURE | false |
| JAMES K SCOTT | |||
| OFFICER | 2351476 | SEE SCHEDULE L DISCLOSURE | false |
| SUSAN FIELD | |||
| FAMILY MEMBER OF OFFICER | 95390 | SEE SCHEDULE L DISCLOSURE | false |
| WENDY M WALKER | |||
| FAMILY MEMBER OF KEY EMP. | 81089 | SEE SCHEDULE L DISCLOSURE | false |
| MARI-JO SCHULL | |||
| FAMILY MEMBER OF TRUSTEE | 91687 | SEE SCHEDULE L DISCLOSURE | false |
| MEGAN JOSWICK | |||
| FAMILY MEMBER OF TRUSTEE | 39530 | SEE SCHEDULE L DISCLOSURE | false |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS | Identifier |
| Return Reference | SCHEDULE L, PART IV, COLUMN (D) | ReturnReference |
| Explanation | THE FOLLOWING PAYMENTS WERE MADE TO THE ORGANIZATIONS OR COMPANIES THAT THE TRUSTEES WORK FOR, ARE BOARD MEMBERS OF, OR REPRESENT AND NOT TO THE INDIVIDUALS DIRECTLY. CONSTANCE H. LAU: MS. LAU IS THE PRESIDENT & CHIEF EXECUTIVE OFFICER OF HAWAIIAN ELECTRIC INDUSTRIES, WHICH IS THE PARENT COMPANY OF HAWAIIAN ELECTRIC COMPANY, THE ONLY ELECTRICITY PROVIDER ON THE ISLAND OF OAHU. THE TRANSACTION REPRESENTS AMOUNTS PAID AT STANDARD RATES AVAILABLE TO THE PUBLIC FOR ELECTRICITY SERVICES TO HAWAIIAN ELECTRIC COMPANY. JEFFREY N. WATANABE: MR. WATANABE IS THE CHAIRMAN OF HAWAIIAN ELECTRIC INDUSTRIES, WHICH IS THE PARENT COMPANY OF HAWAIIAN ELECTRIC COMPANY, THE ONLY ELECTRICITY PROVIDER ON THE ISLAND OF OAHU. THE TRANSACTION REPRESENTS AMOUNTS PAID AT STANDARD RATES AVAILABLE TO THE PUBLIC FOR ELECTRICITY SERVICES TO HAWAIIAN ELECTRIC COMPANY. JAMES K. SCOTT: DR. SCOTT IS A DIRECTOR OF HAWAIIAN ELECTRIC INDUSTRIES, WHICH IS THE PARENT COMPANY OF HAWAIIAN ELECTRIC COMPANY, THE ONLY ELECTRICITY PROVIDER ON THE ISLAND OF OAHU. THE TRANSACTION REPRESENTS AMOUNTS PAID AT STANDARD RATES AVAILABLE TO THE PUBLIC FOR ELECTRICITY SERVICES TO HAWAIIAN ELECTRIC COMPANY. THE PAYMENTS NOTED BELOW 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 DISCLOSED ABOVE. JOHN D. FIELD: MR. FIELD'S SPOUSE, SUSAN FIELD, RECEIVED COMPENSATION FROM THE SCHOOL FOR SERVICES AS AN ACADEMY MATH TEACHER. MICHAEL T. WALKER: MR. WALKER'S SPOUSE, WENDY MACIAS-WALKER, RECEIVED COMPENSATION FROM THE SCHOOL FOR SERVICES AS A PSYCHOSOCIAL EDCUATION INSTRUCTOR. CLAIRE O. JOHNSON: MS. JOHNSON'S DAUGHTER, MARI-JO-SCHULL, RECEIVED COMPENSATION FROM THE SCHOOL FOR SERVICES AS A 4TH GRADE TEACHER. ETHAN D.B. ABBOTT: MR. ABBOTT'S DAUGHTER, MEGAN JOSWICK, RECEIVED COMPENSATION FROM THE SCHOOL FOR SERVICES AS A KINDERGARTEN TEACHER. | Explanation |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 1118 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | REPLACEMENT COST | MethodOfDeterminingRevenues |
Clothing And Household Goods ClothingAndHouseholdGoods
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 12 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | REPLACEMENT COST | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 17 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 69981 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | AVERAGE MARKET | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable (10 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Ping pong table | 1 | 593 | REPLACEMENT COST |
| X | Two Crossman RIFLES | 1 | 1050 | REPLACEMENT COST |
| X | Kawai upright piano | 1 | 4500 | REPLACEMENT COST |
| X | TOTO Plumbing fixtures | 1 | 21861 | REPLACEMENT COST |
| X | 4 Combo guitar amps | 1 | 3600 | REPLACEMENT COST |
| X | Kenmore Gas Grill | 1 | 415 | REPLACEMENT COST |
| X | 24 gallons of paint | 1 | 1368 | REPLACEMENT COST |
| X | TOWER GARDEN W/ SEEDS | 1 | 855 | REPLACEMENT COST |
| X | 21 POTTERY WHEELS | 1 | 44292 | REPLACEMENT COST |
| X | 8.67 KW PV SYSTEM | 1 | 43350 | REPLACEMENT COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 2 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NON-CASH DONATIONS DISCLOSURE | SCHEDULE M, COLUMN B | The organization is reporting the number of contributions received on Column B of Schedule M. For contributions of securities, each separate gift is reported on Column B. |
| THIRD PARTIES USED TO SELL NON-CASH DONATIONS | SCHEDULE M, PART I, LINE 32B | THE ORGANIZATION USES A THIRD PARTY BROKERAGE SERVICE TO SELL ALL DONATED STOCK. |
| 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
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| OTHER PROGRAM SERVICES | FORM 990, PART III, LINE 4D | Athletics - Punahou School has been a member of the ILH (Interscholastic League of Honolulu) since 1909 and fields over 115 competitive teams. Students interested in participating on an athletic team can try out for one of 23 different sports beginning in the 7th grade. Student Activities - For many students, Punahou becomes more than just a school; it serves as a community, a neighborhood, a place which provides a large part of their total environment. Thus, the student activities are varied and offer the students opportunities to get involved in special interest clubs, May Day/Holoku Pageant and curriculum-related travel by athletic teams, speech/debate and musical groups. Theatre Programs - Theatre has a long history at Punahou. Informal classroom activities growing out of a class studies initiate play-acting in early grades. More structured stage experiences are offered in the Grades 5 and 7 Keaka Punahou Clubs and Thurston Memorial Chapel performances. Theatre opportunities in the Drama Workshop classroom or on the Dillingham stage are offered each semester for seventh and eighth graders. Academy students have the opportunity to perform in a play each semester, or to direct or act in student-initiated productions in the Drama Workshop. Formal Theatre courses are offered in Technical Theatre, Acting and Musical Theatre in the Academy. |
| REVIEW PROCESS FOR FORM 990 | FORM 990, PART VI, SECTION B, LINE 11 | The Board of Trustees has delegated the review of the Form 990 to the Audit Committee. The organization's Assistant Treasurer & Controller works closely with the outside accounting firm it engages to review the return; and the final draft of Form 990 is also reviewed by the Vice President of Finance and Administration prior to providing the draft to the Audit Committee. The Audit Committee also met with the accounting firm hired to prepare the Form 990. Subsequent to its review, the Audit Committee reports back to the Board regarding its oversight of the Form 990 and a complete copy of the Form 990 & Form 990-T is provided to the entire voting Board before the return is filed. |
| CONFLICT OF INTEREST POLICY | FORM 990, PART VI, SECTION B, LINE 12C | This Conflict of Interest Policy was duly adopted by the Board of Trustees of Punahou School, a Hawaii nonprofit corporation (the School), on June 12, 2007. 1. Purpose. The Board of Trustees recognizes that the Trustees, Directors, and Officers are active participants in the communities in which they live. As such, these people may serve in many capacities with businesses, organizations, agencies and programs that may intersect with the interests of the School. While such roles may give rise to a dual interest which is beneficial to all parties, the Trustees, Directors, and Officers, must be sensitive to instances that may be perceived to present a conflict between the best interests of the School and their individual interests. Accordingly, the purpose of this Conflict of Interest Policy is to protect the interest of the School, and to assist the Trustees, Directors, and Officers in carrying out their fiduciary obligations, when the Trustees, Directors, and Officers are contemplating any arrangement that may benefit the private interest of a trustee, director, OR officer of the School. This policy is intended to supplement but not replace any applicable laws of the State of Hawaii governing conflicts of interest. 2. Definitions. Arrangement shall mean any issue, matter, contract, agreement, transaction or other arrangement with the School or in which the School has an interest. Conflict of Interest shall mean any action or proposed action by a Trustee, director, or officer with respect to an Arrangement with or involving: (i) such Trustee, Director, or Officer (ii) the spouse of such person, or (iii) a Related Entity of such person. An Arrangement in which no action is taken or proposed to be taken by a Trustee, Director, or Officer (i.e., transactions which are not brought before the Board of Trustees or officers for approval) shall not constitute a Conflict of Interest. Interested Person shall mean any Trustee, Director, or Officer, having a Conflict of Interest. Related Entity shall mean any organization in which a Trustee, Director, or Officer, or the spouse of such Trustee, Director, or Officer, directly or indirectly (i) owns or controls a majority of the voting power or beneficial interests, or (ii) is an officer, director, trustee, partner or otherwise serves in a fiduciary capacity. 3. Conflict of Interest Procedures. (a) Duty to Disclose. An Interested Person shall promptly disclose to the Board of Trustees the existence of a Conflict of Interest known to the Interested Person and all material facts relating to the Conflict of Interest. Trustees, Directors, and Officers are encouraged to disclose any Arrangements which may not constitute an actual Conflict of Interest, but which give rise to the appearance of a Conflict of Interest. The conflict of interest policy will be monitored by the audit committee. Any actual or potential Conflict of Interest may also be raised by any other member of the Board of Trustees. (b) Procedures for Addressing the Conflict of Interest. (i) An Interested Person may make a presentation to the Board of Trustees, but after such presentation, the Interested Person shall recuse themselves from the meeting during the discussion of, and the vote on, the Arrangement involving the Conflict of Interest or the appearance of a Conflict of Interest. (ii) The chairperson of the Board of Trustees shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed Arrangement. The Board of Trustees shall endeavor, to the extent reasonably practical, to comply with the "rebuttable presumption of reasonableness" set forth in Internal Revenue Service Treasury Regulation 53.4958-6 when evaluating any proposed Arrangement. (iii) After exercising due diligence, the Board of Trustees shall determine whether the School is able to obtain a more advantageous arrangement with reasonable efforts from a person or entity that would not give rise to a Conflict of Interest or the appearance of a Conflict of Interest. (iv) If a more advantageous arrangement is not reasonably attainable under circumstances that would not give rise to a Conflict of Interest or the appearance of a Conflict of Interest, the Board of Trustees shall determine by a majority vote of the disinterested Trustees: that the Arrangement is in the School's best interest, is fair and reasonable to the School, and whether to enter into the Arrangement. 4. Record of Proceedings. The minutes of the Board of Trustees shall contain: (a) The names of the persons who disclosed or otherwise were found to have a Conflict of Interest and the nature of the Conflict of Interest. (b) The names of the persons who were present for the discussion and vote relating to the Arrangement, the content of the discussion (including any action taken to determine whether the Conflict of Interest was in the School's best interest and any alternatives to the proposed Arrangement), and a record of any votes taken in connection therewith. 5. Annual Statements. EACH TRUSTEE, DIRECTOR, or OFFICER SHALL ANNUALLY FILL OUT A CONFLICT OF INTEREST STATEMENT. IN IT, THEY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON (I) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, (II) HAS READ AND UNDERSTANDS THE POLICY, (III) AGREES TO COMPLY WITH THE POLICY, AND (IV) DISCLOSES ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST (AS DEFINED IN THE CONFLICT POLICY). |
| COMPENSATION DETERMINATION | FORM 990, PART VI, SECTION B, LINE 15A & 15B | The Board appoints a Compensation Committee, comprised solely of independent trustees, none of which have a conflict of interest with respect to the compensation arrangement, to be accountable for setting reasonable compensation for each officer or key employee. The President, consistent with the organization's philosophy and principles, and based on performance goals established for the President by the Board and Compensation Committee, develops annual performance goals and criteria to be used by the Compensation Committee in determining merit increases for other officers and key employees. The President acts solely as an advisor in this process, and does not determine, or have a vote with regards to officer or key employee salaries. Appropriate comparability data is obtained from independent experts, i.e., total economic benefits paid by similarly situated organizations (both taxable and tax-exempt) for similar job responsibilities. The most recent comparability study was performed in July 2012. The Committee's written record include the (1) terms of the arrangement with the President and/or officers and key employees (including the date the arrangement was approved); (2) a list of members present during the debate on the transaction (and how the members voted when it was approved); (3) a description of the comparable data relied on by the Committee; and (4) any actions taken with respect to consideration of the transaction by members of the committee who had a conflict of interest with respect to the transaction. Key deliberations of the Committee are also documented in minutes which are approved at the next Committee meeting. |
| INFORMATION AVAILABLE TO PUBLIC | FORM 990, PART VI, SECTION C, LINE 19 | While 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, the organization makes its financial statements available upon request. |
| OTHER CHANGES IN NET ASSETS OR FUND BALANCES | FORM 990, PART XI, LINE 9 | OTHER CHANGES ARE AS FOLLOWS: CHANGE IN VALUE OF SPLIT-INT AGR: 878,651 FMV ADJUSTMENT - INVESTMENTS : (63,635) ADOPTION OF PROVISIONS OF SFAS 158: 1,977,415 ------------ TOTAL 2,792,431 |
| RELATIONSHIPS BETWEEN OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES | FORM 990, PART VI, SECTION A, LINE 2 | CONSTANCE LAU, A MEMBER OF THE BOARD OF TRUSTEES, JEFFREY WATANABE, A MEMBER OF THE BOARD OF TRUSTEES, AND JAMES SCOTT, PRESIDENT, HAVE A BUSINESS RELATIONSHIP IN A FOR-PROFIT ENTITY. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| CNW FACULTY BENEFIT TRUST AT PUNAHOU | ||||||||||
| PO BOX 3170 DEPT 715 | HONOLULU | HI | 968023170 | 990301435 | CHAR. TRUST | HI | 501(C)(3) | 11d | PUNAHOU SCH | true |
| CF CHARITABLE TRUST | ||||||||||
| PO BOX 3170 DEPT 715 | HONOLULU | HI | 968023170 | 916571634 | CHAR. TRUST | HI | 501(C)(3) | PF | PUNAHOU SCH | true |
| JTW TE COTR PUNAHOU | ||||||||||
| 1ST HWN BANK PO BOX 3708 | HONOLULU | HI | 96811 | 996048709 | CHAR. TRUST | HI | 501(C)(3) | 11D | PUNAHOU SCH | true |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | false | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| CNW FACULTY BENEFIT TRUST AT PUNAHOU | ||
| C | 819846 | CASH RECEIVED |
| CF TRUST | ||
| C | 101830 | CASH RECEIVED |
| JTW TE COTR PUNAHOU | ||
| C | 878178 | CASH RECEIVED |