2024-02-19T12:56:37-05:00 2023-06-30 990303190 CARBONARO CPAS & MANAGEMENT GROUP 1885 MAIN ST STE 408 WAILUKU HI 96793 990 2022-07-01 272023362 MAUI PREPARATORY ACADEMY FOUNDATION MAUI 8086659966 4910 HONOAPIILANI HIGHWAY LAHAINA HI 96761 NAM LE VIET PRES/SECRETARY 8086659966 2024-01-23 true NAM LE VIET 999009999 true GRETCHEN KREMEYER P00768528 8082425002 2024-02-19 2022 2023-04-26 12:10:37Z NAM LE VIET 4910 HONOAPIILANI HIGHWAY LAHAINA HI 96761 429712 false X X 2010 HI MAUI PREPARATORY ACADEMY FOUNDATION HOLDS THE TITLE TO ALL LAND, BUILDINGS, AND LEASEHOLD IMPROVEMENTS USED, OR TO BE USED, BY MAUI PREPARATORY ACADEMY. 5 5 0 5 0 0 203742 429712 0 0 203742 429712 0 0 0 0 0 214870 207598 214870 207598 -11128 222114 6967585 6838002 2430789 2079092 4536796 4758910 X MAUI PREPARATORY ACADEMY FOUNDATION HOLDS THE TITLE TO ALL LAND, BUILDINGS, AND LEASEHOLD IMPROVEMENTS USED, OR TO BE USED, BY MAUI PREPARATORY ACADEMY. THE FOUNDATION MANAGES AND MAKES AVAILABLE THE LAND AND BUILDINGS FOR EDUCATIONAL ACTIVITIES. IT ENGAGES IN FUNDRAISING FOR THE ACADEMY AND OVERSEES THE IMPLEMENTATION OF A "SCHOOL OF THE FUTURE- AND OTHER PROGRAM. false false 145318 429712 THE FOUNDATION MANAGES AND MAKES AVAILABLE THE LAND AND BUILDINGS FOR EDUCATIONAL ACTIVITIES. IT ENGAGES IN FUNDRAISING FOR THE ACADEMY AND OVERSEES THE IMPLEMENTATION OF A "SCHOOL OF THE FUTURE- AND OTHER PROGRAMS. 145318 true false false false false false false false false false true false false false true true false true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 5 5 true false false false false false false true true false false true true true true true true false false false HI X MAUI PREPARATORY ACADEMY FOUNDATION 8086659966 4910 HONOAPIILANI HIGHWAY LAHAINA HI 96761 X NAM LE VIET PRES/SECRETA 5.00 0.00 X X 0 0 0 MARK MERRILL TREASURER 5.00 10.00 X X 0 0 0 MARY ANNE LE VIET DIRECTOR 2.00 X 0 0 0 MA'ANN SABINO DIRECTOR 5.00 15.00 X 0 0 0 SCOTT SHOEMAKER DIRECTOR 5.00 0.00 X 0 0 0 false false false PROGRAM SERVICE REVENUE 531120 429712 429712 429712 429712 429712 78015 54610 23405 129583 90708 38875 207598 145318 62280 0 9659026 2821024 6967585 6838002 6967585 6838002 2395190 2043493 35599 35599 2430789 2079092 X -3204 218910 4540000 4540000 4536796 4758910 6967585 6838002 222114 X false true X true false X 271149 650000 195000 1116149 318800 621674 799005 203742 429712 2372933 589949 1271674 994005 203742 429712 3489082 250000 650000 195000 1095000 250000 650000 195000 1095000 2394082 589949 1271674 994005 203742 429712 3489082 0.68620 0.67740 0.00000 0.00000 X 4540000 4540000 5119026 2821024 2298002 6838002 DUE TO MAUI PREPARATORY ACADEMY 35599 35599 X SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND ALSO FROM STATE OF HAWAII INCOME TAXES UNDER SECTION 237-23 (B) OF THE HAWAII REVISED STATUTES. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE COMBINED FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE COMBINED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEAR 2023 AND 2022. THE ORGANIZATION'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR THE YEARS ENDING 2020, 2021, AND 2022 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR 3 YEARS AFTER THEY WERE FILED. FORM 990 - ORGANIZATION'S MISSION MAUI PREPARATORY ACADEMY FOUNDATION HOLDS THE TITLE TO ALL LAND, BUILDINGS, AND LEASEHOLD IMPROVEMENTS USED, OR TO BE USED, BY MAUI PREPARATORY ACADEMY. THE FOUNDATION MANAGES AND MAKES AVAILABLE THE LAND AND BUILDINGS FOR EDUCATIONAL ACTIVITIES. IT ENGAGES IN FUNDRAISING FOR THE ACADEMY AND OVERSEES THE IMPLEMENTATION OF A "SCHOOL OF THE FUTURE- AND OTHER PROGRAM. FORM 990, PAGE 6, PART VI, LINE 2 NAM LEVIET MARY ANNE LEVIET PRES/SEC DIRECTOR MARRIED FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD TREASURER AND FINANCE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 12C THE FOUNDATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY BY HAVING THE FOUNDATION'S MEMBERS AND EXECUTIVE COMMITTEE COMMUNICATE ALL POTENTIAL CONFLICT OF INTEREST CONCERNS. FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, FORMS 990, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. MAUI PREPARATORY ACADEMY 4910 HONOAPIILANI HIGHWAY LAHINA HI 96761 990354508 EDUCATION HI 501C3 2 N/A false false false false true false false false false false true false false false false false false false false false MAUI PREPARATORY ACADEMY J 429712 COST MAUI PREPARATORY ACADEMY D 2043493 BOOK VALUE