2013-07-08T19:42:53-05:00 2012-08-31 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2011-09-01 990352665 KANU O KA AINA LEARNING OHANA KANU 8088878144 PO BOX 6511 KAMUELA HI 96743 NANCY LEVENSON 8088878144 2013-07-08 1 MARK A HAYES P00085205 8085311040 2011 2016-02-24 21:20:13Z TAFFI WISE PO BOX 6511 KAMUELA HI 96743 4473656 0 X WWW.KALO.ORG X 2000 HI TO ADMINISTER PROGRAMS FOR THE ADVANCEMENT OF EDUCATION AND CULTURE OF HAWAIIAN PEOPLE WHILE ALSO PROVIDING CULTURAL AWARENESS OF HAWAIIAN PEOPLE. 9 8 44 30 0 0 4390089 4136239 143587 334346 4082 1846 156164 1225 4693922 4473656 53406 3176 0 0 1826350 1460181 0 0 27721 2815284 2823528 4695040 4286885 -1118 186771 9566300 16402718 4905260 11540326 4661040 4862392 SERVING AND PERPETUATING SUSTAINABLE HAWAIIAN COMMUNITIES THROUGH EDUCATION WITH ALOHA. 0 0 2771411 3176 334346 EDUCATIONAL SUPPORT PRIMARILY ADMINISTERED THROUGH THE KANU O KA 'AINA CHARTER SCHOOL IN WAIMEA ON THE ISLAND OF HAWAII, WHICH SERVED 218 STUDENTS, AND OTHER CHARTER SCHOOLS IN HAWAII, WHICH SERVED APPROXIMATELY 3,600 STUDENTS. 515938 ORGANIZATIONAL DEVELOPMENT PROGRAMS FOCUSED ON DEVELOPING THE STRUCTURE TO SUPPORT AN INTERGENERATIONAL CULTURAL LEARNING CENTER. 212572 OTHER PROGRAM SERVICES FOR THE ADVANCEMENT OF EDUCATION AND CULTURE OF HAWAIIAN PEOPLE WHILE ALSO PROVIDING CULTURAL AWARENESS OF HAWAIIAN PEOPLE. 3499921 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 25 0 44 1 0 0 0 0 0 0 0 0 0 0 X 9 8 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 HI X KATIE BENIONI 8088871117 65-1084E MAMALAHOA HWY KAMUELA HI 96743 HANNAH SPRINGER 1.00 X X 0 0 0 ROBERT LINDSEY 1.00 X X 0 0 0 NANCY LEVENSON 40.00 X X 79491 0 7117 DARRYL WISE 1.00 X X 0 0 0 BARBARA ROBERTSON 1.00 X 0 0 0 ROBERT WITT 1.00 X 0 0 0 PETER HANOHANO 1.00 X 0 0 0 HENRY GOMES 1.00 X 0 0 0 DWIGHT TAKAMINE 1.00 X 0 0 0 MARY KATIE BENIONI 40.00 X 96213 0 10365 TAFFI WISE 40.00 X 34775 84406 6423 KU KAHAKALAU 0.00 X 112884 39168 0 323363 123574 23905 1 1 1 0 QUALITY BUILDERS INC PO BOX 2135 KAMUELA HI 96743 CONSTRUCTION CONTRACTOR 2420812 HO'OKAKO'O CORPORATION 1035 UNIVERSITY AVENUE 201A HONOLULU HI 96826 SUBCONTRACTOR SUPPORT FOR CHARTER SCHOOL 275000 AHA PUNANA LEO INC PO BOX 129 KEKAHA HI 96752 SUBCONTRACTOR SUPPORT FOR CHARTER SCHOOL 154612 FRIENDS OF THE LEEWARD COAST PCS 92-1480 ALIINUI DRIVE KAPOLEI HI 96707 SUBCONTRACTOR SUPPORT FOR CHARTER SCHOOL 151600 PA'AHANA ENTERPRISES LLC PO BOX 109 KEALAKEKUA HI 96750 CONSTRUCTION PROJECT MANAGEMENT 112589 5 250119 3886120 4136239 G & A AND TUITION REVE 611710 178346 178346 RENT FR AFFILIATED ORG 531120 156000 156000 334346 1846 1846 1225 0 1225 1225 1225 4473656 334346 0 3071 3176 3176 348596 266941 77573 4082 879994 673862 195826 10306 14352 10990 3194 168 109773 84059 24428 1286 107466 82293 23914 1259 11776 11776 66880 66880 1761084 1690155 67382 3547 44409 26509 17005 895 193976 160679 31632 1665 94533 69255 24014 1264 297337 143510 153827 233821 185555 45853 2413 PROGRAM PROJECTS 58118 58049 69 0 EQUIPMENT RENTAL AND MA 29534 23438 5791 305 MISCELLANEOUS EXPENSE 19487 11581 7510 396 TRAINING 12573 9869 2569 135 4286885 3499921 759243 27721 766721 1432536 444748 627033 401600 314199 13790 10567 13747 42700 14844859 1042559 7744000 13802300 181694 173383 9566300 16402718 1168988 896219 3736272 10644107 4905260 11540326 X 3969079 4404273 691961 458119 4661040 4862392 9566300 16402718 X 186771 14581 X 0 1 1 X 1 1 X 5657982 5807931 4290217 4390089 4136239 24282458 5657982 5807931 4290217 4390089 4136239 24282458 53119 24229339 23296 27430 1345 980 1846 54897 647 647 1188 858 1254 24 1225 4549 24342551 1064711 0.99530 0.99750 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15884 15884 3484037 3499921 324996 81249 0 0 324996 324996 487494 15884 15884 81249 81249 121874 14170135 518341 13651794 603856 488181 115675 70868 36037 34831 13802300 4473656 4286885 186771 14581 14581 201352 4722079 14581 14581 4707498 -233842 -233842 4473656 4286885 0 4286885 0 4286885 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT TO FAIL UPON REGULATORY EXAMINATION. MANAGEMENT HAS EVALUATED KALO'S TAX POSITIONS AS OF AND FOR THE YEARS ENDED AUGUST 31, 2012 AND 2011 BY REVIEWING ITS TAX RETURNS AND CONFERRING WITH ITS TAX ADVISORS, AND DETERMINED THAT KALO HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPOTED IN ACCORDANCE WITH SUCH GENERALLY ACEEPTED ACCOUNTING PRINCIPLES. SUCH RETURNS ARE OPEN FOR EXAMINATION UNTIL THE STATUTE OF LIMITATION (GENERALLY THREE YEARS) EXPIRES. PART XII, LINE 4B - OTHER ADJUSTMENTS: DECREASE IN TEMPORARILY RESTRICTED NET ASSETS -233,842. X X X 1 0 0 0 0 0 0 0 0 KU KAHAKALAU 112884 39168 0 0 0 0 0 0 0 0 112884 39168 0 0 PART I, LINE 4A KU KAHAKALAU, $152,052 FORM 990, PART VI, SECTION A, LINE 2 DARRYL WISE AND TAFFI WISE HAVE A FAMILY RELATIONSHIP. BARBARA ROBERTSON AND MARY KATIE BENIONI HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 SIGNIFICANT CHANGES TO THE BYLAWS INCLUDE THE FOLLOWING: DIRECTOR QUALIFICATIONS SECTION REVISED TO STATE: "BOARD MEMBERSHIP SHALL REFLECT THE DIVERSITY OF THE COMMUNITY OF HAWAII." SECTION 4.4 ELECTION ADDED THAT A "SLATE" CAN BE USED TO FILL VACANCIES. SECTION 4.11 VOTING NOW INCLUDES THE WORDING, "OR OTHER ELECTRONIC MEANS." SECTION 5.1 OFFICERS, THE OFFICE OF A COMBINED SECRETARY/TREASURER WAS ADDED. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WILL BE COMPLETED BY AN INDEPENDENT AUDITOR ANNUALLY AND COPIES OF THE DRAFT WILL BE PROVIDED TO THE ENTIRE GOVERNING BOARD OF DIRECTORS AS WELL AS THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR WILL REVIEW THE FORM 990 WITH THE BOARD OF DIRECTORS AND CHIEF FINANCIAL OFFICER. ANY NECESSARY CHANGES WILL THEN BE UPDATED ON THE FORM. ONCE ALL NECESSARY CHANGES ARE MADE AND THE EXECUTIVE DIRECTOR IS IN AGREEMENT WITH THE BOARD AND CFO ON THE FINISHED FORM 990, IT WILL BE SIGNED BY THE BOARD TREASURER, DATED AND SUBMITTED BY THE FILING DEADLINE. A COPY OF THE APPROVED FORM 990 WILL BE PROVIDED TO ALL OF THE OFFICERS AND DIRECTORS BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS CONFLICT OF INTEREST POLICY CLEARLY DEFINES THE ORGANIZATIONS CONFLICT OF INTEREST POLICY, IT ALSO CONTAINS AN ANNUAL ACKNOWLEDGEMENT AND DISCLOSURE FORM TO ENSURE THE BOARD AGREES TO THEIR RESPONSIBILITIES. FORM 990, PART VI, SECTION B, LINE 15A THE KALO EXECUTIVE COMPENSATION IS RECOMMENDED BY THE BOARD'S PERSONNEL COMMITTEE AND APPROVED BY THE BOARD. THE COMMITTEE IS MADE UP OF THE BOARD CHAIR AND VICE CHAIR AND IS STAFFED BY A NON-BOARD MEMBER FISCAL EXPERT. THE COMMITTEE MEETS TO DISCUSS THE EXECUTIVE DIRECTOR'S COMPENSATION FOR THE UPCOMING YEAR. COMPARATIVE DATA IS DERIVED FROM THE HAWAII EMPLOYERS COUNCIL ANNUAL COMPENSATION STUDY. THE COMMITTEE REVIEWS THE DATA AND MAKES A RECOMMENDATION TO THE BOARD. THE WHOLE BOARD IS ABLE TO REVIEW THE RECOMMENDATION BEFORE APPROVAL. THE ACTIONS OF BOTH THE BOARD AND COMMITTEE ARE DOCUMENTED IN MEETING MINUTES THAT ARE APPROVED BY THE BOARD AND COMMITTEE MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 14,581. KANU O KA 'AINA NEW CENTURY PUBLIC CHARTER SCHOOL PO BOX 398 KAMUELA HI 96743 990349760 PUBLIC CHARTER SCHOOL HI 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 1 0 1 0 1 1 1 1 0 0 KANU O KA 'AINA NEW CENTURY PUBLIC CHARTER SCHOOL B 3176 NET BOOK VALUE KANU O KA 'AINA NEW CENTURY PUBLIC CHARTER SCHOOL B 390267 ACTUAL AMOUNT ON ACCRUAL BASIS KANU O KA 'AINA NEW CENTURY PUBLIC CHARTER SCHOOL I 156000 FAIR MARKET VALUE KANU O KA 'AINA NEW CENTURY PUBLIC CHARTER SCHOOL K 94066 ACTUAL AMOUNT ON ACCRUAL BASIS KANU O KA 'AINA NEW CENTURY PUBLIC CHARTER SCHOOL M 103550 ACTUAL AMOUNT ON ACCRUAL BASIS KANU O KA 'AINA NEW CENTURY PUBLIC CHARTER SCHOOL N 146303 ACTUAL AMOUNT ON ACCRUAL BASIS KANU O KA 'AINA NEW CENTURY PUBLIC CHARTER SCHOOL O 447505 ACTUAL AMOUNT ON ACCRUAL BASIS KANU O KA 'AINA NEW CENTURY PUBLIC CHARTER SCHOOL P 204188 ACTUAL AMOUNT ON ACCRUAL BASIS