2025-11-17T23:52:22-07:00 2024-12-31 990 2024-01-01 814611816 HAWAII INVESTMENT READY HAWA 8083421037 44-527 A Kaneohe Bay Drive Kaneohe HI 96744 Keoni Lee CEO 8083421037 2025-11-17 1 2024 2025-03-06 01:10:19Z Lisa Kleissner PO Box 218 Bir Sur CA 93920 1053805 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 1650910 981663 7500 71540 11508 602 0 0 1669918 1053805 100549 18410 0 0 503814 673770 0 0 0 299430 473001 903793 1165181 766125 -111376 1570381 1470464 180202 191660 1390179 1278804 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 622523 14500 Hawaii Investment Ready capacity building through a cohort setting for Hawaii for profit and nonprofit social enterprises and leaders working to solve social and environmental challenges. Business coaching for cohort and program alumni post-program, year round. 98177 56000 Direct Support programming to provide social enterprises with coaching and technical assistance in support of their organizational development and capitalization strategies. 57497 0 Research & Narrative Shifting programming provides research, data, and strategy framework to support HIR's network of stakeholders in economic development. 119056 0 The remaining programs include Capital Deployment, Partnership & Partner Support, and Fiscal Sponsorships. Capital Deployment includes support for its Aina Aloha Economy Fund wholly-owned LLC subsidiary by providing technical assistance to support borrowers and portfolio management support. Partnership & Partner Support includes staff time to engage with other organizations and efforts aligned around social enterprise economic development and impact investing in Hawaii. Fiscal Sponsorship provides grant administration and expenditure responsibility to mission-aligned nonprofit and for-profit social enterprises in HIR's alumni and partner networks. 119056 0 0 897253 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 12 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 1 1 HI X X Margaret Peebles 8083421037 44-527A Kaneohe Bay Drive Kaneohe HI 96744 Keoni Lee Co-CEO 40 X X 175000 0 0 Darlene Tamanaha Co-CEO 40 0 X 104144 0 0 Lisa Kleissner Board President 5 X 0 0 0 Neil Hannahs Board Secretary/Treasurer 5 0 X 0 0 0 Pia Chock Director 5 0 X 0 0 0 279144 0 0 2 0 1 0 0 0 0 0 0 0 981663 0 981663 Program Fees 813319 14500 14500 0 0 57040 57040 0 0 71540 602 602 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1053805 72142 0 0 X 18410 18410 289008 208009 80999 285339 202105 83234 0 37024 26224 10800 62399 44197 18202 7935 2315 5620 4000 4000 0 250 250 202671 176158 26513 11018 2164 8854 745 745 10934 1613 9321 7608 7032 576 104608 103997 611 11812 11812 1973 1973 Program Supplies 99975 96246 3729 Professional Developement 8821 8563 258 Business Fees 651 220 431 1165181 897253 267928 0 1221389 153480 957749 0 0 0 0 37992 28235 311000 331000 1570381 1470464 30202 43040 150000 148620 0 180202 191660 X 785222 549525 604957 729279 1390179 1278804 1570381 1470464 X -111376 0 0 0 0 1 X 0 1 0 0 X 3202158 838700 1022898 1650910 981663 7696329 0 0 0 0 0 0 0 0 0 0 3202158 838700 1022898 1650910 981663 7696329 7696329 167 500 500 11508 602 13277 0 0 0 0 0 0 7709606 0 0.99828 0.99817 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Aina Aloha Economy Fund, wholly-owned LLC advancing mission-aligned, place-based economic strategies 120000 C Farm Link Hawaii.Equity investment supporting Hawaii food system resilience 211000 C 331000 1 Moolelo Hawaii - fiscally sponsored program of Kealopiko Inc PO Box 698 Kaunakakai HI 96748 464610378 12410 Support for Moolelo Hawaii, a Native Hawaiian cultural storytelling and eco-fashion program providing economic opportunity for Native Hawaiian women on Molokai 0 1 Schedule I, Part I, Line 2 HIR conducts due diligence on each grantee or fiscally sponsored project, including verification of charitable purpose and organizational information. All grants are supported by written grant agreements outlining allowable uses, reporting requirements, and compliance expectations. HIR's Board approves each organization receiving funds or fiscal sponsorship services. Grantees are required to provide periodic financial and programmatic reports, and HIR reviews this documentation to ensure funds are used for charitable purposes and in accordance with the grant agreement. X X X 0 0 0 0 0 0 0 0 0 Keoni Lee Co-CEO 175000 0 0 0 0 0 0 0 0 0 175000 0 174313 0 Schedule J, Part I The organization did not provide any compensation contingent on the revenues of the organization or upon the revenues derived from the services of the listed individual (Part I, lines 1a and 1b). For Part I, line 4c, the organization did not provide any non-fixed payments requiring disclosure beyond amounts already reported as compensation. For Part I, lines 5a and 5b, the organization did not provide first-class air travel, club dues, or personal services to the listed individual. For Part I, lines 6a and 6b, no nontaxable benefits were provided other than standard employee benefits available to all eligible staff, including health insurance, retirement contributions, and routine business expense reimbursements made under an accountable plan. For Part I, line 7, the organization did not pay any severance or change-in-control payments. For Part I, line 8, the organization did not provide any compensation to the listed individual from related organizations. No additional information is required Form 990, Part VI, Section B, Line 11b Form 990, Part VI, 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 by approval via email. All board members must approve. Form 990, Part VI, Section B, Line 12c 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 members(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 The compensation of the Executive Director is reviewed and approved by the Board of Directors, all of whom are independent. The Board uses comparability data, including nonprofit compensation surveys, publicly available Form 990 data from similar organizations, and other market information, to establish reasonable compensation. The decision-making process and approval are contemporaneously documented in board meeting minutes. The same process is used for determining the compensation of any other officers or key employees. Form 990, Part VI, Section C, Line 19 HIR does not publish its governing documents, conflict of interest policy, or financial statements on a public website. Copies of these documents are available to the public upon request. Form 990, Part IX, Line 11g Part IX, Line 11g: Amounts reported include payments to independent contractors, coaches, facilitators, program consultants, and individuals receiving honoraria or stipends for providing services in support of the organization's charitable programs. These payments represent fees for services, not grants, and were properly classified as nonemployee compensation. Form 990, Part XI, Line 9 Rounding adjustment HIR completed its first Single Audit in early 2024. As part of that process, our auditors identified several improvements to our accounting systems, documentation practices, and financial reporting structure that required implementation before completing the Form 990. The organization needed additional time to incorporate these recommendations, reconcile accounts, and ensure accurate reporting under the updated procedures. These circumstances caused an unintentional delay in filing.