2024-11-14T17:43:11-07:00 2023-12-31 990 2023-01-01 814611816 HAWAII INVESTMENT READY HAWA 8083421037 44-527 A Kaneohe Bay Drive Kaneohe HI 96744 Keoni Lee CEO 8083421037 2024-11-13 1 2023 2024-10-15 13:58:12Z Lisa Kleissner PO Box 218 Big Sur CA 93920 1669918 0 X www.hiready.net X 2017 HI Education and capacity building for social for profits and nonprofits, and for government, philanthropy, and the private sector addressing social and environmental challenges in Hawaii. 3 0 0 3 0 0 1022898 1650910 28390 7500 500 11508 0 1051788 1669918 287613 100549 0 0 472990 503814 0 0 0 287345 299430 1047948 903793 3840 766125 809311 1575436 149900 149900 659411 1425536 Education and capacity building for both the entrepreneurs and funders (philanthropy, government, and private) that are collectively addressing social and environmental challenges in Hawaii. 0 0 288980 0 112500 Hawaii Investment Ready Cohort Program. Capacity building and technical assistance through direct and virtual engagement and teaching in a cohort setting for Hawaii for profit and nonprofit social enterprises working to solve social and environmental challenges. Business coaching for cohort and program alumni post-program, year round. 201435 100549 90905 Fiscal Sponsorships - Fiscal sponsorship offering our legal and tax-exempt status to non-profit organizations- with aligned project or engaged in activities related to the our mission.The arrangement is contractual. Farmlink, Kukulu, Ukoa Cohort 114476 0 500000 Capital Deployment - In 2023, HIR created a catalytic capital impact debt fund, the Aina Aloha Economy Fund ("Fund"), in response to insights gleaned from its Hawaii Capital Scan research project in 2022. The Fund aims to address a capital gap for Hawaii-based social entrepreneurs in accessing aligned capital needed to scale. HIR created a wholly-owned subsidiary LLC as a special purpose vehicle for the Fund. HIR also manages 3 other Program Related Investments into Hawaii-based social entrepreneurs that have completed its social enterprise accelerator program. 151434 0 125000 The remaining programs include Direct Support, Partnership & Partner Support, and Research & Narrative Shifting. Direct Support includes technical assistance and consulting for Hawaii-based social entrepreneurs. Partnership & Partner Support includes staff time to engage with other organizations and efforts aligned around social enterprise economic development and impact investing in Hawaii. Research & Narrative Shifting includes a research program called the Hawaii Capital Scan as well as strategic communications to strengthen the field of impact investing and social enterprise economic development in Hawaii 151434 0 125000 756325 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 HI X Margaret Peebles 8083421037 44-527A Kaneohe Bay Drive Kaneohe HI 96744 Keoni Lee CEO/Director 40 X X X 174313 0 0 Lisa Kleissner Board President 30 X 0 0 0 Neil Hannahs Board Secretary/Treasurer 5 X 0 0 0 174313 0 0 1 0 1 0 0 0 0 0 0 0 1650910 0 1650910 Program Fees 813319 7500 7500 0 0 0 0 0 0 7500 11508 11508 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1669918 19008 0 0 X 100549 100549 174312 147439 26873 0 258911 201865 57046 23107 18360 4747 47484 36011 11473 5706 1172 4534 4753 4753 117024 106590 10434 11089 4641 6448 4600 24 4576 13607 8172 5435 3348 3348 104450 102960 1490 5128 5128 Program Supplies 15201 14110 1091 0 Professional Development 14108 6203 7905 0 Business Fees 416 128 288 0 903793 756325 147468 0 556466 1221389 4922 4880 247923 38167 311000 809311 1575436 0 0 0 0 149900 149900 0 149900 149900 X 502753 820579 156658 604957 659411 1425536 809311 1575436 766125 0 0 0 0 0 X 0 0 0 X 182925 3202158 838700 1022898 1650910 6897591 0 0 0 0 0 0 0 0 0 0 0 0 182925 3202158 838700 1022898 1650910 6897591 6897591 0 167 500 500 11508 12675 0 0 0 0 0 0 0 0 6910266 531907 0.99817 0.99963 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Equity Investment - Link Hawaii 211000 C Aina Aloha Economy Fund Equity Investment 100000 C 311000 1 Farm Link Hawaii PO Box 384 Waialua HI 96791 883077553 86250 In support of Farm Link's Equitable Access & Supply Building Program. Aloha United Way 200 N Vineyard Blvd Suite 700 Honolulu HI 96817 990073494 14299 Transfer of Program and assets for Kukulu Switchboard a program which facilitates and advocates for equitable, responsive resourcing of the community innovators solving social and environmental problems in Hawai'i. 2 0 Schedule I, Part I, Line 2 Schedule I - Part IV , Line 2 - Financial reporting as agreed to in grant contract. X 0 0 0 0 0 0 0 0 0 Keoni Lee CEO/Director 174313 0 0 0 0 0 0 0 0 0 174313 0 Schedule J, Part I, Line 3 The Board approves compensation changes for the CEO. Form 990, Part VI, Section B, Line 11b Form 990, PartVI, Section B, Line 11b - Draft of tax return is provided at a special meeting of the board of directors electronically. Board of Directors reviews and votes to approve the document according to the organization's bylaws as documented as documented by approval via email. All board members must approve. Form 990, Part VI, Section B, Line 12c A board member may feel that, he, she, or another board member may have actual or perceived conflict of interest regarding any one or more topics of discussion (via email, conference call, or in person) and/or decision discussion and/or decision making. Otherwise, a decision will be reached by all the other board member(s) under question, as to making. In such a case, any board member(s) actual or perceived conflict of interest shall disclose this, and recuse themselves from whether or not such a board member(s) should be excused from the discussion making for this (these) agenda items. Form 990, Part VI, Section B, Line 15 Form 990, Part VI, Section B, Line 15 - CEO/Director Keoni Lee was compensated $175000 in wages for 2023. Amount was based on average non profit CEO compensation determined through market research. Including a merit bonus of $1650. Form 990, Part VI, Section C, Line 19 Form 990, Part VI, Section B, Line 15 - The organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year upon request. Form 990, Part IX, Line 11g Form 990, Part IX, Line 11g: Contractors:$102,938, Coaches & Honoraria: $14,040 In preparing this 2023 990 filing we uncovered an error on the prior 2022 990 filing which required an amendment. This delayed the finalizing of this 2023 990 filing