HOEA THE FOUNDATION: Form 990EZ, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
HOEA THE FOUNDATION (EIN 46-4730871)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-11
IRS object ID
202543159349202474
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-11T13:05:01-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN990224276PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TRUSTA AACBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11003 BISHOP ST STE 1700AddressLine1Txt
CityHONOLULUCityNm
State AbbreviationHIStateAbbreviationCd
ZIP96813ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN464730871EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HO'EA - THE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHOEABusinessNameControlTxt
Phone8082869884PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1555 SOUTH STREET 202AddressLine1Txt
CityHONOLULUCityNm
State AbbreviationHIStateAbbreviationCd
ZIP96813ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEric FujimotoPersonNm
Person TitlePresidentPersonTitleTxt
Phone8089494477PhoneNum
Signature2025-11-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd
Form8822 B AttachedYes (X)Form8822BAttachedInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonYINEN HUANGPreparerPersonNm
PTINP01506336PTIN
Phone8085248080PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Website Addresshttps://www.hoea.org/WebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$196,537GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$159,326ContributionsGiftsGrantsEtcAmt
Investment Income$4,412InvestmentIncomeAmt
Sale Of Assets Gross$19,186SaleOfAssetsGrossAmt
Gain Or Loss From Sale Of Assets$19,186GainOrLossFromSaleOfAssetsAmt
Fundraising Gross Income$13,613FundraisingGrossIncomeAmt
Special Events Direct Expenses$13,000SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$613SpecialEventsNetIncomeLossAmt
Total Revenue$183,537TotalRevenueAmt
Grants And Similar Amounts Paid$13,066GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$4,143FeesAndOtherPymtToIndCntrctAmt
Printing Publications Postage$237PrintingPublicationsPostageAmt
Other Expenses Total$31,315OtherExpensesTotalAmt
Total Expenses$48,761TotalExpensesAmt
Excess Or Deficit For Year$134,776ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$271,442NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$69,343OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$475,561NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$77,083BOYAmt
EOY$35,499EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$194,359BOYAmt
EOY$440,062EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$271,442BOYAmt
EOY$475,561EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

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

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$271,442BOYAmt
EOY$475,561EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeThe specific purpose of Ho'ea - The Foundation is to provide grants to selected charitable, religious, and educational organizations that have demonstrated dedication and excellence in their respective mission. As a policy of the Foundation, all recipient organizations must be organized as either a nonprofit foundation or a corporation which is operated exclusively for charitable purposes and which has established its status as a tax-exempt organization and a public charity under Section50l(c)(3) and 509(a) of the Internal Revenue Code.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
The Foundation has sponsored the Unity Prom since 2019. The Unity Prom event is to provide students with special education an opportunity to celebrate a young person's coming of age and the same experience which the general education students have in High School.$0$27,733
Ho'ea - The Foundation made a total contribution, sponsorship, scholarship and grant in the amount of $13,066 to support the community and other nonprofit organizations in year 2024.$13,066$0
The Foundation also supports the Maui Strong program for the recovery from the 2023 Maui wildfires.$0$2,500
FieldValueIRS element (for citing)
Total Program Service Expenses$30,233TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (6 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Eric Fujimoto
President/Director2.00$0$0$0
Vaughn Victorino
Treasurer/Secretary/Director2.00$0$0$0
Lynne Kaneshiro
Director2.00$0$0$0
Marie Imanaka
Director2.00$0$0$0
Jill Misawa
Director2.00$0$0$0
Ivy Nip
Director2.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonEric FujimotoPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1555 South Street STE 202AddressLine1Txt
CityHonoluluCityNm
State AbbreviationHIStateAbbreviationCd
ZIP96813ZIPCd
FieldValueIRS element (for citing)
Phone8089494477PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$86,913CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,396CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45,796CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$39,255CurrentTaxYearMinus1YearAmt
Current Tax Year$159,326CurrentTaxYearAmt
Total$353,686TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$86,913CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,396CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45,796CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$39,255CurrentTaxYearMinus1YearAmt
Current Tax Year$159,326CurrentTaxYearAmt
Total$353,686TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$113,627SubstantialContributorsTotAmt
Public Support Total170$240,059PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$982CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,941CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,409CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,810CurrentTaxYearMinus1YearAmt
Current Tax Year$4,412CurrentTaxYearAmt
Total$12,554TotalAmt
FieldValueIRS element (for citing)
Total Support$366,240TotalSupportAmt
Public Support CY1700.65550PublicSupportCY170Pct
Public Support PY1700.55770PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990-EZ, Part I, Line 4 - Other Investment IncomeDescription: Dividend. Amount: 3,761. Description: Interest. Amount: 651. Total Included on Form 990-EZ, line 4: 4,412.
Form 990-EZ, Part I, Line 16 - Other ExpensesDescription: Investment management fees. Amount: 75. Description: Maui Strong program expenses. Amount: 2,500. Description: Other program expenses. Amount: 380. Description: Unity Prom program expenses - facility, food, supplies, transportation, etc.. Amount: 27,733. Description: Service charges. Amount: 627. Total to Form 990-EZ, line 16: 31,315.
Form 990-EZ, Part I, Line 20 - Other Changes in Net AssetsDescription: Unrealized gain on securities. Amount: 69,011. Description: Unrealized gain on bonds and CDs. Amount: 332. Total to Form 990-EZ, line 20: 69,343.
Form 990-EZ, Page 1, Line L and Part I, Lince 5a. 5b. and 5c.In 2024, the organization sold certain securities that were donated to the organization. The fair market value of the donated securities was reported as noncash contributions at time of receipt on Form 990-EZ, Part I, Line 1. Subsequently, the realized gain from the sale of those securities is reported on Form 990-EZ, Part I, Lines 5a, rather than reporting the gross sales proceeds. Because the value of the donated securities was already reflected in contribution revenue, the gross sales proceeds are not separately included as additional gross receipts in order to avoid double counting the gross receipt reported on Form 990-EZ, line L. The sale details of the donated stocks are as follows: Sales Proceeds Basis Gain $46,596 $27,408 $19,186
Form 990-EZ, Part II, Line 24 - Other AssetsDescription: Marketable securities. Beg. of Year Amount: 194,269. End of Year Amount: 318,937. Description: Prepaid federal tax. Beg. of Year Amount: 90. End of Year Amount: 90. Description: Mutual funds. Beg. of Year Amount: 0. End of Year Amount: 40,679. Description: Bonds and CDs. Beg. of Year Amount: 0. End of Year Amount: 80,356.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationThe organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.DeclarationDesc

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