HAWAII PREPARATORY ACADEMY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- HAWAII PREPARATORY ACADEMY (EIN 99-0078306)
- Tax period
- 2011-06-01 to 2012-05-31
- Filed
- 2012-12-18
- IRS object ID
- 201223539349301007
- Schema version
- 2011v1.2
- 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
- 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 | 2012-12-18T20:47:14-06:00 | Timestamp |
| Tax Period End Date | 2012-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 261659234 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CW ASSOCIATES CPAS | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 BISHOP STREET SUITE 1040 | AddressLine1 |
| City | HONOLULU | City |
| State | HI | State |
| ZIP Code | 96813 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 990078306 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HAWAII PREPARATORY ACADEMY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HAWA | NameControl |
| Phone | 8088857321 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65-1692 KOHALA MOUNTAIN ROAD | AddressLine1 |
| City | KAMUELA | City |
| State | HI | State |
| ZIP Code | 967438476 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT MCKENDRY | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 8088857321 | Phone |
| Date Signed | 2012-12-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARK A HAYES | Name |
| PTIN | P00085205 | PTIN |
| Phone | 8085311040 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | LINSAY R BARNES | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65-1692 KOHALA MOUNTAIN ROAD | AddressLine1 |
| City | KAMUELA | City |
| State | HI | State |
| ZIP Code | 967438476 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 27762591 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.HPA.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1957 | YearFormation |
| State Legal Domicile | HI | StateLegalDomicile |
| Activity Or Mission Description | EDUCATION | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 20 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 284 | TotalNbrEmployees |
| Total Nbr Volunteers | 320 | TotalNbrVolunteers |
| Total Gross UBI | 1043799 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2700144 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 680066 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 16507359 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 17147247 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2976076 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2409985 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 933512 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1139286 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 23117091 | TotalRevenuePriorYear |
| Total Revenue Current Year | 21376584 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 2644890 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 3024724 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 10831192 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 11223418 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 344938 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7347792 | OtherExpensePriorYear |
| Other Expenses Current Year | 7527711 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 20823874 | TotalExpensesPriorYear |
| Total Expenses Current Year | 21775853 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2293217 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -399269 | RevenuesLessExpensesCY |
| Total Assets BOY | 93444196 | TotalAssetsBOY |
| Total Assets EOY | 135122805 | TotalAssetsEOY |
| Total Liabilities BOY | 8989872 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 8654505 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 84454324 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 126468300 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE EXCEPTIONAL LEARNING OPPORTUNITIES AND A DIVERSE COMMUNITY HONORING THE TRADITIONS OF HAWAII. SEE SCHEDULE O. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 17535270 | Expense |
| Grants | 3024724 | Grants |
| Revenue | 17232174 | Revenue |
| Description | K-12 EDUCATIONAL PROGRAM - PROVIDES EDUCATION FOR APPROXIMATELY 600 STUDENTS FROM KINDERGARTEN TO GRADE 12 | Description |
| Total Program Service Expense | 17535270 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 1 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 32 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 284 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 20 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ROBERT MCKENDRY | NamePerson |
| Telephone Number | 8088857321 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65-1692 KOHALA MOUNTAIN ROAD | AddressLine1 |
| City | KAMUELA | City |
| State | HI | State |
| ZIP Code | 967438476 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (27 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| ALLISON HOLT GENDREAU | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| CHARLES G KING | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| CHATT G WRIGHT | |||||||
| BOARD MEMBER (FORMER) | 2.00 | X | 0 | 0 | 0 | ||
| DAVID W PRATT | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| DONNA TANOUE | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| DUNCAN MACNAUGHTON | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| HANNAH KIHILANI SPRINGER | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| HARRY M PONO VON HOLT | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| JAKE J MIZUNO | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| MICHAEL J CHUN | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| MICHAEL S SPALDING | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| NONA HASEGAWA | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| PETER M VITOUSEK | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| PUTMAN D CLARK | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| ROBERT L REED | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| ROY A VITOUSEK III | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| WILLIAM D PRATT | |||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | ||
| LAURIE T AINSLIE | |||||||
| PRESIDENT & CHAIRMAN | 4.00 | X | 0 | 0 | 0 | X | |
| GREGORY R MOOERS | |||||||
| 1ST VP & VICE CHAIRMAN | 2.00 | X | 0 | 0 | 0 | X | |
| WILL J HANCOCK | |||||||
| SECRETARY | 2.00 | X | 0 | 0 | 0 | X | |
| MICHAEL K FUJIMOTO | |||||||
| TREASURER | 2.00 | X | 0 | 0 | 0 | X | |
| DEBORAH BAKER | |||||||
| SECRETARY (FORMER) | 2.00 | X | 0 | 0 | 0 | X | |
| LINDSAY R BARNES | |||||||
| 2ND VP & HEADMASTER | 40.00 | 186611 | 0 | 42318 | X | ||
| KATHERINE PURDY | |||||||
| ASST SECRETARY | 40.00 | 46537 | 0 | 5135 | X | ||
| ROBERT MCKENDRY | |||||||
| ASST TREASURER & CFO | 40.00 | 101129 | 0 | 25157 | X | ||
| SHIRLEY ANN FUKUMOTO | |||||||
| ASST HEADMASTER & DIRECTOR | 40.00 | 119996 | 0 | 14374 | X | ||
| MARK NOETZEL | |||||||
| UPPER SCHOOL PRINCIPAL | 40.00 | 100167 | 0 | 26744 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 554440 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 113728 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 6700 | FundraisingEvents |
| All Other Contributions | 673366 | AllOtherContributions |
| Noncash Contributions | 76832 | NoncashContributions |
| Total Contributions | 680066 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION FEES/STDNT SVC | 611710 | 16407569 | 16407569 |
| SPECIAL PROGRAMS | 611710 | 739678 | 739678 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 17147247 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1960001 | TotalRevenueColumn |
| Exclusion | $1,960,001 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 700 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 700 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 700 | TotalRevenueColumn |
| Exclusion | $700 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6684403 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6234419 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 449984 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 449984 | TotalRevenueColumn |
| Exclusion | $449,984 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 13160 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 6700 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 11324 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1836 | TotalRevenueColumn |
| Exclusion | $1,836 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 225191 | GrossSalesOfInventory |
| Cost Of Goods Sold | 140264 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 84927 | TotalRevenueColumn |
| Related Or Exempt Function Income | 84927 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|
| ISAACS ART GALLERY | 900099 | 1043799 | 1043799 | |
| OTHER INCOME | 900099 | 8024 | $8,024 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1051823 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21376584 | TotalRevenueColumn |
| Related Or Exempt Function Income | 17232174 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 1043799 | UnrelatedBusinessRevenue |
| Exclusion | $2,420,545 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3024724 | Total |
| Program Services | 3024724 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 344975 | Total |
| Program Services | 57570 | ProgramServices |
| Management And General | 268215 | ManagementAndGeneral |
| Fundraising | 19190 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7275467 | Total |
| Program Services | 5890536 | ProgramServices |
| Management And General | 1211591 | ManagementAndGeneral |
| Fundraising | 173340 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 566163 | Total |
| Program Services | 446872 | ProgramServices |
| Management And General | 107571 | ManagementAndGeneral |
| Fundraising | 11720 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2436422 | Total |
| Program Services | 1883839 | ProgramServices |
| Management And General | 473622 | ManagementAndGeneral |
| Fundraising | 78961 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 600391 | Total |
| Program Services | 468305 | ProgramServices |
| Management And General | 114074 | ManagementAndGeneral |
| Fundraising | 18012 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12427 | Total |
| Management And General | 12427 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55739 | Total |
| Management And General | 55739 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56877 | Total |
| Program Services | 31797 | ProgramServices |
| Management And General | 25080 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67989 | Total |
| Program Services | 67989 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 878834 | Total |
| Program Services | 493477 | ProgramServices |
| Management And General | 372689 | ManagementAndGeneral |
| Fundraising | 12668 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1661323 | Total |
| Program Services | 1545907 | ProgramServices |
| Management And General | 102075 | ManagementAndGeneral |
| Fundraising | 13341 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 160394 | Total |
| Program Services | 152666 | ProgramServices |
| Management And General | 6303 | ManagementAndGeneral |
| Fundraising | 1425 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53192 | Total |
| Management And General | 48471 | ManagementAndGeneral |
| Fundraising | 4721 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 188161 | Total |
| Management And General | 188161 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 948615 | Total |
| Program Services | 901184 | ProgramServices |
| Management And General | 46957 | ManagementAndGeneral |
| Fundraising | 474 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD/FOOD SERVICES | 1043978 | 1035310 | 8668 | |
| ART CENTER OPERATIONS | 915020 | 905595 | 9425 | |
| OTHER ADMINSTRATIVE | 809469 | 88750 | 709633 | 11086 |
| STUDENT ACTIVITIES | 454305 | 445189 | 9116 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 221388 | Total |
| Program Services | 95560 | ProgramServices |
| Management And General | 125828 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21775853 | Total |
| Program Services | 17535270 | ProgramServices |
| Management And General | 3895645 | ManagementAndGeneral |
| Fundraising | 344938 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 423245 | BOY |
| EOY | 399214 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 235571 | BOY |
| EOY | 371952 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1692146 | BOY |
| EOY | 934267 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 348053 | BOY |
| EOY | 498901 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1350 | BOY |
| EOY | 192 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48067 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2259715 | BOY |
| EOY | 2255259 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 133758 | BOY |
| EOY | 129988 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 59633817 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 16961559 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42842118 | BOY |
| EOY | 42672258 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21694332 | BOY |
| EOY | 19800095 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23765841 | BOY |
| EOY | 68060679 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93444196 | BOY |
| EOY | 135122805 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1824949 | BOY |
| EOY | 2084218 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2108186 | BOY |
| EOY | 1699379 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4347605 | BOY |
| EOY | 3420662 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 500000 | BOY |
| EOY | 1200000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 209132 | BOY |
| EOY | 250246 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8989872 | BOY |
| EOY | 8654505 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46714019 | BOY |
| EOY | 46128781 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10212635 | BOY |
| EOY | 8476002 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27527670 | BOY |
| EOY | 71863517 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84454324 | BOY |
| EOY | 126468300 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93444196 | BOY |
| EOY | 135122805 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -399269 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 42413245 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | 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 Funds Held | 1 | NumberFundsHeld |
| Grants Funds And Other Accounts | 12623 | GrantsFundsAndOtherAccounts |
| Aggregate Fund Value | 419595 | AggregateFundValue |
| Disclosed Orgs Legal Control | 0 | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | 0 | DisclosedForCharitablePurposes |
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 1850735 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | FUNDRAISING | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | 1 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 21716089 | BeginningOfYearBalance |
| Contributions | 23091 | Contributions |
| Investment Earnings Or Losses | -864713 | InvestmentEarningsOrLosses |
| Other Expenditures | 1292510 | OtherExpenditures |
| End Of Year Balance | 19581957 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17809651 | BeginningOfYearBalance |
| Contributions | 1503552 | Contributions |
| Investment Earnings Or Losses | 3685993 | InvestmentEarningsOrLosses |
| Other Expenditures | 1283107 | OtherExpenditures |
| End Of Year Balance | 21716089 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 15694279 | BeginningOfYearBalance |
| Contributions | 1272028 | Contributions |
| Investment Earnings Or Losses | 1925739 | InvestmentEarningsOrLosses |
| Other Expenditures | 1082395 | OtherExpenditures |
| End Of Year Balance | 17809651 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 21130804 | BeginningOfYearBalance |
| Contributions | 144836 | Contributions |
| Investment Earnings Or Losses | -4589300 | InvestmentEarningsOrLosses |
| Other Expenditures | 992061 | OtherExpenditures |
| End Of Year Balance | 15694279 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.48480 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.46360 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.05160 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6312078 | OtherCostOrOtherBasis |
| Book Value | 6312078 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 42803006 | OtherCostOrOtherBasis |
| Depreciation | 8657890 | Depreciation |
| Book Value | 34145116 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1068806 | OtherCostOrOtherBasis |
| Depreciation | 800010 | Depreciation |
| Book Value | 268796 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9449927 | OtherCostOrOtherBasis |
| Depreciation | 7503659 | Depreciation |
| Book Value | 1946268 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 42672258 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| BENEFICIAL INTERESTS IN TRUSTS HELD BY OTHERS | 17287525 |
| DONATED ARTWORK HELD FOR INVESTMENT | 2648397 |
| DONATED REAL ESTATE HELD FOR INVESTMENT | 2626557 |
| BENEFICIAL INTERESTS IN PARKER RANCH FOUNDATION | 45498200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 68060679 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CHARITABLE GIFT ANNUITY LIABILITIES | $238,994 |
| GENERAL EXCISE TAX LIABILITY | $11,252 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 250246 | TotalOfAmounts |
| Total Revenue | 21376584 | TotalRevenue |
| Total Expenses | 21775853 | TotalExpenses |
| Excess Or Deficit For Year | -399269 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -1881893 | NetUnrealizedGLOnInvestments |
| Prior Period Adjustments | 46299027 | PriorPeriodAdjustments |
| Other | -$2,003,889 | OtherAmount |
| Total Adjustments | 42413245 | TotalAdjustments |
| Excess Or Deficit Per FS | 42013976 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 17642390 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -1881893 | NetUnrealizedGainsInvestments |
| Other Revenues | -2003889 | OtherRevenues |
| Revenue Not Rptd F990 | -3885782 | RevenueNotRptdF990 |
| Revenue Subtotal | 21528172 | RevenueSubtotal |
| Other Revenues Not Included | -151588 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -151588 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 21376584 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 21927441 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 151588 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 151588 | ExpensesNotRptdF990 |
| Expenses Subtotal | 21775853 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 21775853 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | THE ACADEMY MAINTAINS AN EXTENSIVE COLLECTION OF HAWAIIAN ART INCLUDING PAINTINGS AND HAND-MADE ARTIFACTS. ARTWORK IS DONATED TO THE ACADEMY AND MAINTAINED BY THE ISAACS ART GALLERY. ARTWORK IS KEPT FOR EDUCATIONAL PURPOSES, PRESERVATION OF HAWAIIAN CULTURE OR SOLD FOR FUNDRAISING PURPOSES. | |
| PART V, LINE 4: | THE ACADEMY'S ENDOWMENT INCLUDES 72 INDIVIDUAL DONOR-RESTRICTED FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ACADEMY'S ENDOWMENT CONSISTS OF BOTH DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH THESE ENDOWMENT FUNDS, INCLUDING BOARD-DESIGNATED FUNDS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE ACADEMY HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ACADEMY MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD AS WELL AS BOARD-DESIGNATED FUNDS. UNDER THIS POLICY, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER TO ENSURE THAT THE FUTURE GROWTH OF THE ENDOWMENT ASSETS IS SUFFICIENT TO OFFSET NORMAL INFLATION PLUS REASONABLE SPENDING, THEREBY PRESERVING THE CONSTANT DOLLAR VALUE AND PURCHASING POWER OF THE ENDOWMENT FUNDS FOR FUTURE GENERATIONS. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| 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 THE ACADEMY'S TAX POSITIONS AS OF MAY 31, 2012 AND 2011 AND FOR THE YEARS THEN ENDED BY REVIEWING ITS INCOME TAX RETURNS AND CONFERRING WITH ITS TAX ADVISORS, AND DETERMINED THAT THE ACADEMY HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH SUCH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THE TAX RETURNS ARE OPEN FOR EXAMINATION UNTIL THE STATUTE OF LIMITATIONS EXPIRES. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| CHANGES IN BENEFICIAL INTERESTS IN TRUSTS HELD BY OTHERS -2,003,889. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| CHANGES IN BENEFICIAL INTERESTS IN TRUSTS HELD BY OTHERS -2,003,889. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| FUNDRAISING EVENT EXPENSES (NETTED AGAINST REVENUE PER TAX RETURN) -11,324. COST OF SALES - INVENTORY (NETTED AGAINST REVENUE PER TAX RETURN) -140,264. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| FUNDRAISING EVENT EXPENSES (NETTED AGAINST REVENUE PER TAX RETURN) 11,324. COST OF SALES - INVENTORY (NETTED AGAINST REVENUE PER TAX RETURN) 140,264. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | NONDISCRIMINATORY POLICY PRINTED ON ADMISSION AND FINANCIAL AID PUBLICATION AND IN NEWSPAPER ADVERTISEMENTS. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF EVENT | NameOfEvent1 |
| Gross Receipts Event1 | 19860 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 6700 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 13160 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 500 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 2703 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 3750 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 426 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 3945 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 19860 | GrossReceiptsTotal |
| Charitable Contributions Total | 6700 | CharitableContributionsTotal |
| Gross Revenue Total Events | 13160 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 500 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 2703 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 3750 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 426 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 3945 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 11324 | DirectExpenseSummaryEvents |
| Net Income Summary | 1836 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | STUDENT TUITION FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 237 | NumberOfRecipients |
| Amount Of Cash Grant | 3024385 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE SCHOOL PROVIDES GRANTS IN THE FORM OF CREDITS AGAINST TUITION INVOICES. GRANT FUNDS ARE NOT ACTUALLY DISBURSED FROM THE SCHOOL. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Compensation Survey | X | CompensationSurvey |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | LINDSAY R BARNES | NamePerson |
| Base Compensation Filing Org | 186611 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 42318 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 228929 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | THE HEADMASTER AND SPOUSE MAY TRAVEL BETWEEN HAWAII AND THE U.S. MAINLAND UNDER AN ACCOUNTABLE PLAN ARRANGEMENT. THE HEADMASTER RESIDES ON CAMPUS AS A CONDITION OF EMPLOYMENT. THE HEADMASTER IS A MEMBER OF A COUNTRY CLUB FOR THE PURPOSE OF RECREATION, NETWORKING, AND ENTERTAINMENT. | Explanation |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MARK NOETZEL | NamePerson |
| Purpose Of Loan | PAYROLL ADVANCE, ONE YEAR PAYMENT SCHEDULE | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $2,000 | OriginalPrincipalAmount |
| Balance Due | 192 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 0 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 192 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| BANK OF HAWAII (BOH) | |||
| BOARD MEMBERS, DONNA TANOUE & MICHAEL CHUN, ARE OFFICERS/DIRECTORS OF BOH | 110662 | INVESTMENT MANAGEMENT FEES, INTEREST EXPENSE | 0 |
| FIRST HAWAIIAN BANK (FHB) | |||
| BOARD MEMBER AND OFFICER MICHAEL FUJIMOTO IS ALSO A DIRECTOR OF FHB | 103729 | INVESTMENT MANAGEMENT FEES, INTEREST EXPENSE | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 35 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 47825 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 481 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 24297 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | SADDLE | 1 | 1250 | FAIR MARKET VALUE |
| X | PALLET JACK | 1 | 1000 | FAIR MARKET VALUE |
| X | TRAVEL | 4 | 2460 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 15 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: | Identifier |
| Return Reference | PART I, COLUMN (B): | ReturnReference |
| Explanation | THE ORGANIZATION IS REPORTING THE NUMBER OF ITEMS RECEIVED. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART IV, LINE 25A: | DURING THE FISCAL YEAR COVERED BY THIS FORM 990, HPA DETERMINED THAT IT HAD PROVIDED EXCESS COMPENSATION TO A FORMER EMPLOYEE. ALTHOUGH THE EMPLOYEE DOES NOT APPEAR TO BE A DISQUALIFIED PERSON, HPA DISCLOSED THE COMPLETE DETAILS OF THE TRANSACTION, UNDER AN ABUNDANCE OF CAUTION, TO THE IRS IN A LETTER DATED MARCH 6, 2012. HPA ALSO DISCLOSED COMPLETE DETAILS OF THE TRANSACTION TO THE HAWAII ATTORNEY GENERAL'S OFFICE, WHICH HAS EXPRESSED SUPPORT FOR HPA'S CORRECTIVE ACTIONS. | |
| FORM 990, PART V: | QUESTIONS 7G AND 7H ARE NOT APPLICABLE TO THE EXEMPT ORGANIZATION. AS SUCH, THEY HAVE BEEN LEFT BLANK. | |
| FORM 990, PART VI, SECTION A, LINE 2 | DAVID W. PRATT (BOARD MEMBER) AND WILLIAM D. PRATT (BOARD MEMBER) HAVE A FAMILY RELATIONSHIP. PETER M. VITOUSEK (BOARD MEMBER) AND ROY A. VITOUSEK, III (BOARD MEMBER) HAVE A FAMILY RELATIONSHIP. DONNA TANOUE (BOARD MEMBER) & MICHAEL CHUN (BOARD MEMBER) HAVE A BUSINESS RELATIONSHIP. | |
| FORM 990, PART VI, SECTION B, LINE 11 | HPA'S ASSISTANT TREASURER WORKS WITH THE RETURN PREPARER TO COMPLETE THE FORM 990. THE RETURN IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW. AUDIT COMMITTEE MEMBERSHIP INCLUDES THE PRESIDENT AND CHAIRMAN, TREASURER, VICE PRESIDENT AND ASSISTANT TREASURER. PRIOR TO FILING, THE CHAIR OF THE AUDIT COMMITTEE PROVIDES THE RETURN TO THE FULL BOARD AT A REGULARLY SCHEDULED MEETING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | A QUESTIONNAIRE IS SENT TO ALL BOARD MEMBERS PRIOR TO THE FILING OF THE FORM 990, EDUCATING THEM ABOUT THE ISSUE OF A CONFLICT OF INTEREST. THE COMMITTEE ON TRUSTEES REVIEWS INITIALLY AND ANNUALLY ALL TRANSACTIONS THAT MAY ARISE OR DO EXIST BETWEEN THE SCHOOL AND INDIVIDUALS WITH ACTUAL OR POTENTIAL CONFLICTS OF INTEREST, TRANSMITTING ITS RECOMMENDATIONS CONCERNING THE APPROPRIATENESS OF ANY SUCH TRANSACTIONS TO THE FULL BOARD OF TRUSTEES. THE BOARD OF TRUSTEES THEN DETERMINES WHETHER OR NOT TO PROCEED WITH SUCH TRANSACTION. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF TRUSTEES IS SOLELY RESPONSIBLE FOR DECISIONS REGARDING THE ENTIRE COMPENSATION PACKAGE FOR THE HEADMASTER, OTHER OFFICERS, AND KEY EMPLOYEES. A SUBCOMMITTEE OF INDEPENDENT PERSONS IS CHARGED WITH EXECUTING OUR OFFICER AND KEY EMPLOYEE COMPENSATION POLICY, INCLUDING COLLECTING DATA, MAKING A COMPENSATION RECOMMENDATION, AND FOLLOWING ALL DOCUMENTATION REQUIREMENTS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | FORM 1023 - AVAILABLE UPON REQUEST FORM 990 - AVAILABLE UPON REQUEST OR VIA WWW.GUIDESTAR.ORG GOVERNING DOCUMENTS - AVAILABLE UPON REQUEST (FACT DEPENDENT) CONFLICT OF INTEREST POLICY - NOT AVAILABLE (INTERNAL USE ONLY) FINANCIAL STATEMENTS - AVAILABLE UPON REQUEST OR VIA WWW.GUIDESTAR.ORG | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -1,881,893. PRIOR PERIOD ADJUSTMENTS: 46,299,027. CHANGES IN BENEFICIAL INTERESTS IN TRUSTS HELD BY OTHERS -2,003,889. TOTAL TO FORM 990, PART XI, LINE 5: 42,413,245. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C: | THE OVERSIGHT PROCESS OF THE AUDITED FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. | |
| FORM 990, PART XI, LINE 5, PRIOR PERIOD ADJUSTMENT: | DURING THE YEAR ENDED MAY 31, 2012, THE ACADEMY RECOGNIZED ITS 16% BENEFICIAL INTEREST IN THE NET ASSETS AND CHANGES IN NET ASSETS IN PARKER RANCH FOUNDATION TRUST. THE RECOGNITION OF THE 16% BENEFICIAL INTEREST PARKER RANCH FOUNDATION TRUST INCREASED THE ACADEMY'S TOTAL ASSETS AND PERMANENTLY RESTRICTED NET ASSETS BY $45,498,200 AND $46,299,027 AS OF, RESPECTIVELY, IN THE STATEMENTS OF FINANCIAL POSITION, AND INCREASED ITS PERMANENTLY RESTRICTED NET ASSETS - BEGINNING OF YEAR ASSETS BY $45,406,565 AND ITS CHANGES IN BENEFICIAL INTERESTS IN TRUSTS HELD BY OTHERS BY $892,462 FOR THE YEAR ENDED MAY 31, 2011. THE ACADEMY'S FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED MAY 31, 2011 HAVE BEEN RESTATED TO INCLUDE ITS BENEFICIAL INTEREST IN AND THE CHANGES IN ITS BENEFICIAL INTEREST IN PARKER RANCH FOUNDATION TRUST. | |
| FORM 990, PART III, LINE 1: | FOUNDED IN 1949, HAWAII PREPARATORY ACADEMY IS AN INDEPENDENT COEDUCATIONAL SCHOOL PROVIDING A FULL RANGE OF OPPORTUNITIES FOR STUDENTS FROM KINDERGARTEN THROUGH GRADE 12. OUR BOARDING PROGRAM ADMITS STUDENTS IN GRADES SIX THROUGH 12. HPA FEATURES MANY UNIQUE COURSES AND ACTIVITIES (MARINE SCIENCE FIELD STUDIES, SEA TURTLE RESEARCH, SCUBA CERTIFICATION, AND MORE) THAT MAKE USE OF HAWAII'S GEOGRAPHICAL SETTING AND GIVE STUDENTS A STRONG SENSE OF HAWAII AND ITS CULTURE. OFFERINGS ALSO INCLUDE PROGRAMS IN THE VISUAL AND PERFORMING ARTS AS WELL AS A SUCCESSFUL UPPER SCHOOL INTERSCHOLASTIC ATHLETIC PROGRAM THAT STRESSES SCHOOL-WIDE PARTICIPATION AND TEACHES THE VALUES OF SPORTSMANSHIP AND FAIR PLAY. THE SCHOOL HAS TWO CAMPUSES IN THE TOWN OF WAIMEA (KAMUELA) ON THE ISLAND OF HAWAII. THE LOWER AND MIDDLE SCHOOLS ARE LOCATED ON NINE ACRES IN THE HEART OF HAWAII'S RANCHING COUNTRY, WHILE THE UPPER SCHOOL IS LOCATED JUST TWO MILES AWAY ON A 200-ACRE CAMPUS AT THE FOOT OF THE KOHALA MOUNTAINS. HPA IS FULLY ACCREDITED BY THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES AND IS A MEMBER OF 12 EDUCATIONAL ORGANIZATIONS INCLUDING THE COUNCIL FOR THE ADVANCEMENT AND SUPPORT OF EDUCATION, COLLEGE ENTRANCE EXAMINATION BOARD, COUNCIL FOR SPIRITUAL AND ETHICAL EDUCATION, CUM LAUDE SOCIETY, NATIONAL ASSOCIATION OF COLLEGE ADMISSION COUNSELORS, HAWAII ASSOCIATION OF INDEPENDENT SCHOOLS, AND NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS. VISIT HTTP://WWW.HPA.EDU/ABOUT FOR MORE INFORMATION REGARDNG HPA'S ENROLLMENT, FACULTY, COLLEGE COUNSELING PROGRAM, SPORTS AND CO-CURRICULAR ATIVITIES, ADVANCED PLACEMENT PREPARATION, AND USE OF TECHNOLOGY IN THE LEARNING PROCESS. |
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 | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| HAWAII PREPARATORY ACADEMY ALUMNI ASSOCIATION INC | ||||||||||
| 65-1692 KOHALA MOUNTAIN ROAD | KAMUELA | HI | 96743 | 990225471 | SUPPORT HAWAII PREPARATORY ACADEMY | HI | 501(C)(3) | LINE 11 | N/A | 0 |
| HAWAII PREPARATORY ACADEMY PARENTS ASSOCIATION INC | ||||||||||
| 65-1692 KOHALA MOUNTAIN ROAD | KAMUELA | HI | 96743 | 237105675 | SUPPORT HAWAII PREPARATORY ACADEMY | HI | 501(C)(3) | LINE 11 | N/A | 0 |
| PARKER RANCH FOUNDATION TRUST | ||||||||||
| 66-1304 MAMALAHOA HIGHWAY | KAMUELA | HI | 96743 | 996064620 | SUPPORT HAWAII PREPARATORY ACADEMY AND OTHER HAWAII ORGANIZATIONS | HI | 501(C)(3) | LINE 11 - TYPE 1 | N/A | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARKER RANCH FOUNDATION TRUST | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionType |
| Amount Involved | 320000 | AmountInvolved |
| Method Of Amt Determination | CASH | MethodOfAmtDetermination |