2025-08-12T16:11:19-05:00 2024-09-30 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2023-10-01 990327534 KEIKI O KA 'AINA PRESCHOOL INC KEIK 8088453446 3097 KALIHI STREET HONOLULU HI 96819 THERESA MOMI AKANA CEO 8088453446 2025-08-12 1 1 RODNEY M HARANO P00389596 8085311040 2025-08-12 2023 2025-03-06 01:10:19Z KEIKI O KA 'AINA FAMILY LEARNING CENTERS THERESA MOMI AKANA 3097 KALIHI STREET HONOLULU HI 96819 13496157 0 X WWW.KOKA.ORG X 1996 HI THE MISSION OF KEIKI O KA 'AINA FAMILY LEARNING CENTERS (KOKA-FLC) IS TO BUILD STRONG COMMUNITIES BY EDUCATING CHILDREN, SUPPORTING FAMILIES, STRENGTHING COMMUNITIES AND PERPETUATION CULTURES. 9 6 144 100 0 0 10179011 11271931 1339605 1933052 25444 230918 -3515 310 11540545 13436211 527112 988907 0 0 7047433 7133938 0 0 15050 3577054 2818097 11151599 10940942 388946 2495269 12999094 15058660 3497508 2914179 9501586 12144481 X THE MISSION OF KEIKI O KA 'AINA FAMILY LEARNING CENTERS (KOKA-FLC) IS TO BUILD STRONG COMMUNITIES BY BUILDING STRONG FAMILIES THROUGH COMMUNICATING THE VITAL IMPORTANCE OF EDUCATION, ADVOCATING FOR LITERACY, SUPPORTING PARENTS AS THEIR CHILD'S FIRST AND BEST TEACHER AND EMPOWERING FAMILIES TO UNDERTAKE LEADERSHIP ROLES IN THEIR COMMUNITIES. 0 0 10150062 988907 1933052 THE ORGANIZATION SERVES THE FAMILY (CHILDREN AND PARENTS) AND COMMUNITY NEEDS OF HAWAII'S PEOPLE THROUGH ITS EDUCATIONAL, CULTURAL AND FINANCIAL SUPPORT PROGRAMS. DURING ITS FISCAL YEAR, THE ORGANIZATION SERVED OVER 10,000 CHILDREN AND FAMILY MEMBERS. 10150062 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 6 0 1 144 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 6 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 HI X THERESA MOMI AKANA 8088432502 3097 KALIHI STREET HONOLULU HI 96819 THERESA MOMI AKANA CEO 40.00 X X 150596 0 23961 JEFFREY PROSTOR PRESIDENT 0.25 X X 0 0 0 JOHN DRAEGER MD VICE PRESIDENT 0.25 X X 0 0 0 KEIKI MORA SECRETARY 0.25 X X 0 0 0 DON Y KELIINOI TREASURER 0.25 X X 0 0 0 JONATHAN LOPAKA INCIONG BOARD MEMBER 0.25 X 0 0 0 VERNON WONG BOARD MEMBER 0.25 X 0 0 0 CHELO GARZA-MAGUIRE BOARD MEMBER 0.25 X 0 0 0 CY KALAMA BOARD MEMBER 0.25 X 0 0 0 STEPHEN KAAA FORMER PRESIDENT 0.25 X X 0 0 0 NOVEMBER MORRIS FORMER BOARD MEMBER 0.25 X 0 0 0 KARA CHANDRA CFO 40.00 X 101098 0 24325 JENNA UMIAMAKA CHIEF OPERATING OFFICER 40.00 X 107426 0 25737 MELODIE VEGA CHIEF EARLY EDUCATION OFFICER 40.00 X 104344 0 23150 463464 0 97173 4 0 1 0 HI TECH HUI 1050 QUEEN ST SUITE 100 HONOLULU HI 96814 IT SERVICES 135145 1 8995391 2276540 10000 11271931 TUITION AND FEES 611600 1071159 1071159 CONTRACTED REVENUE 611600 816251 816251 MISCELLANEOUS 900099 45642 45642 1933052 230918 230918 9800 9800 0 50456 50146 310 310 13436211 1933052 0 231228 988907 988907 183683 149375 32719 1589 5313121 5123403 189678 40 107092 100982 6110 1055333 1038643 16690 474709 455668 19041 9165 9165 61154 61154 2390 2390 417238 342028 61789 13421 289831 260848 28983 165655 125592 40063 287683 258915 28768 679164 605118 74046 178855 170055 8800 57181 56336 845 19430 19430 167708 167708 34889 30129 4760 PROGRAM ACTIVITIES AND 280073 280073 SUPPLIES 74876 72493 2383 EDUCATIONAL MATERIALS 49111 49111 LICENSE FEES AND DUES 43694 42386 1308 10940942 10150062 775830 15050 4260671 5998501 318738 333239 1765277 2298291 812809 248036 143598 125878 6586617 1328383 4700604 5258234 997397 796481 12999094 15058660 829801 580183 1071691 955787 647908 620776 948108 757433 3497508 2914179 X 9061146 11623364 440440 521117 9501586 12144481 12999094 15058660 2495269 147626 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3170000 3170000 3095659 1042137 2053522 320958 286246 34712 5258234 LEASE DEPOSITS 53760 RIGHT OF USE ASSET 742721 796481 OPERATING LEASE LIABILITY 757433 757433 X 13612216 147626 51500 59946 259072 13353144 2390 80677 83067 13436211 11049998 51500 59946 111446 10938552 2390 2390 10940942 PART X, LINE 2: U.S. GAAP REQUIRES 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 KOKA'S TAX POSITIONS AS OF SEPTEMBER 30, 2024 AND 2023 AND FOR THE YEARS THEN ENDED, AND DETERMINED THAT KOKA HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. KOKA IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES 9,800. DIRECT FUNDRAISING EXPENSES 50,146. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN NET ASSETS WITHOUT DONOR RESTRICTIONS 80,677. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 50,146. DIRECT RENTAL EXPENSES 9,800. 1 1 1 1 1 1 1 0 1 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION'S POLICY IS PUBLISHED THROUGH ITS SCHOOL NEWSLETTERS. SCHEDULE E, PART I, LINE 5 FEDERAL FUNDING IS THROUGH THE NATIVE HAWAIIAN EDUCATION ACT. THE ADMISSIONS PROGRAM IS PRIMARILY IN COMMUNITIES WITH LARGE HAWAIIAN POPULATIONS. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES FEDERAL FUNDING FROM THE U.S. DEPARTMENT OF EDUCATION OPERATING UNDER THE NATIVE HAWAIIAN EDUCATION ACT AND THE NATIVE HAWAIIAN EDUCATION PROGRAM. LAULIMA CONCERT 50456 50456 9175 37150 3821 50456 50456 9175 37150 3821 50146 310 1 CHILDCARE ASSISTANCE. 152 520140 0 DISTRIBUTIONS OF HOUSEHOLD GOODS THROUGH THE LAULIMA GIVING PROGRAM. 17900 458767 10000 THRIFT STORE VALUE VARIOUS CLOTHING, TOILETRIES, HOUSEHOLD GOODS, BABY ITEMS, SCHOOL SUPPLIES PART I, LINE 2: THE LAULIMA GIVING PROGRAM CONSISTS OF HELPING FAMILIES IN NEED DURING THE HOLIDAY SEASON BY MATCHING UP FAMILY SPONSORS WITH NEEDY FAMILIES. THE PACKAGES OF GIFTS ARE DISTRIBUTED BY THE DONOR FAMILIES OR THE AGENCIES REPRESENTING THE FAMILIES. THE HAWAII EARLY LEARNING PARTNERSHIP (HELP) FOR CHILDCARE PROJECT BUILDS ACCESSIBLE, CULTURALLY COMPLETE, HIGH-QUALITY CHILDCARE FOR HAWAIIAN CHILDREN UNDER AGE 13 THROUGH TUITION ASSISTANCE. TUITION ASSISTANCE IS PAID DIRECTLY TO THE LICENSED CENTERS. IN CERTAIN CASES WHERE THE PROVIDER IS NOT LICENSED, THE ORGANIZATION GOES THROUGH A VALIDATION PROCESS PRIOR TO DISBURSING THE TUITION ASSISTANCE. X X X X 0 0 0 0 0 0 0 0 0 THERESA MOMI AKANA CEO 150596 0 0 0 0 0 7700 0 16261 0 174557 0 0 0 VICKI DRAEGER SPOUSE OF THE BOARD DIRECTOR, JOHN DRAEGER 78600 COMPENSATION AS EMPLOYEE OF THE ORGANIZATION 0 AXTON DURAND SON OF THE CEO AND BOARD DIRECTOR, MOMI AKANA 39897 COMPENSATION AS EMPLOYEE OF THE ORGANIZATION 0 DENISE MOLLO DAUGHTER OF THE BOARD DIRECTOR, DON KELIINOI 32126 COMPENSATION AS EMPLOYEE OF THE ORGANIZATION 0 FORM 990, PART VI, SECTION A, LINE 2 KEIKIAKEAKUA MORA (BOARD SECRETARY) AND CHELO GARZA-MAGUIRE (BOARD MEMBER) HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B ONCE THE CPA COMPLETES THE DRAFT FORM 990, THE CFO AND CEO WILL REVIEW IT, THEN WILL ROUTE IT TO THE PRESIDENT AND THE TREASURER TO REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO ALL DIRECTORS, PRINCIPAL OFFICERS AND MEMBERS OF ANY COMMITTEES OF THE ORGANIZATION (INTERESTED PERSONS). ALL INTERESTED PERSONS HAVE A DUTY TO DISCLOSE POSSIBLE CONFLICTS OF INTERESTS. THE BOARD OF DIRECTORS WILL DISCUSS AND VOTE ON SUCH MATTERS TO DETERMINE IF A CONFLICT EXISTS AND/OR WHETHER THE ORGANIZATION SHOULD ENTER INTO SUCH TRANSACTION OR ARRANGEMENT. THE INTERESTED PERSON IS RECUSED FROM DISCUSSIONS OR VOTING ON SUCH MATTERS. FORM 990, PART VI, SECTION B, LINE 15A THE CEO OF KEIKI O KA AINA PRESCHOOL, INC. IS THE PRINCIPAL REPRESENTATIVE OF KOKA, AND THE PERSON RESPONSIBLE FOR THE EFFICIENT OPERATION OF THE NONPROFIT. THEREFORE, IT IS THE DESIRE OF KOKA TO PROVIDE A FAIR YET REASONABLE AND NOT EXCESSIVE COMPENSATION FOR THE CEO. THERE ARE CURRENTLY NO OTHER HIGHLY COMPENSATED EMPLOYEES AND CONSULTANTS AS DEFINED BY THE IRS. THE ANNUAL PROCESS FOR DETERMINING COMPENSATION IS AS FOLLOWS: KOKA'S COMPENSATION COMMITTEE ANNUALLY EVALUATES THE CEO ON THEIR PERFORMANCE, AND ASKS FOR INPUT ON MATTERS OF PERFORMANCE AND COMPENSATION. BOARD APPROVAL. THE EXECUTIVE COMMITTEE WILL OBTAIN RESEARCH INFORMATION TO MAKE A RECOMMENDATION TO THE FULL BOARD FOR THE COMPENSATION (SALARY AND BENEFITS) OF THE CEO BASED ON A REVIEW OF COMPARABILITY DATA INCLUDING DATA THAT DOCUMENTS COMPENSATION LEVELS AND BENEFITS FOR SIMILARLY QUALIFIED INDIVIDUALS IN COMPARABLE POSITIONS AT SIMILAR ORGANIZATIONS. THIS DATA MAY INCLUDE THE FOLLOWING: 1. SALARY AND BENEFIT COMPENSATION STUDIES BY INDEPENDENT SOURCES; (ROBERT HALF COMPENSATION REPORTS.) 2. SURVEY INFORMATION PROVIDED FOR POSITIONS AT SIMILAR ORGANIZATIONS; (PROVIDED BY HAWAII EMPLOYERS COUNCIL) 3. INFORMATION OBTAINED FROM THE IRS FORM 990 FILINGS OF SIMILAR ORGANIZATIONS. (GUIDESTAR) CONCURRENT DOCUMENTATION. TO APPROVE THE COMPENSATION FOR THE CEO THE BOARD MOVES TO EXECUTIVE SESSION TO DISCUSS THEIR FINDINGS AND HOW IT HAS REACHED ITS DECISION, INCLUDING THE DATA ON WHICH IT RELIED, IN MINUTES OF THE MEETING DURING WHICH THE COMPENSATION WAS APPROVED. DOCUMENTATION INCLUDES: A) A DESCRIPTION OF THE COMPENSATION AND BENEFITS AND THE DATE IT WAS APPROVED; B) THE MEMBERS OF THE BOARD WHO WERE PRESENT DURING THE DISCUSSION ABOUT COMPENSATION AND BENEFITS, AND THE RESULTS OF THE VOTE; C) A DESCRIPTION OF THE COMPARABILITY DATA RELIED UPON AND HOW THE DATA WAS OBTAINED; AND D) ANY ACTIONS TAKEN (SUCH AS ABSTAINING FROM DISCUSSION AND VOTE) WITH RESPECT TO CONSIDERATION OF THE COMPENSATION BY ANYONE WHO IS OTHERWISE A MEMBER OF THE BOARD BUT WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE DECISION ON THE COMPENSATION AND BENEFITS. INDEPENDENCE IN SETTING COMPENSATION: THE COMPENSATION COMMITTEE IS COMPRISED OF VOLUNTEERS AND NOT COMPENSATED BY THE NONPROFIT, OPERATES INDEPENDENTLY WITHOUT UNDUE INFLUENCE FROM THE CEO. NO MEMBER OF THE COMPENSATION COMMITTEE WILL BE A STAFF MEMBER, THE RELATIVE OF A STAFF MEMBER, OR HAVE ANY RELATIONSHIP WITH STAFF THAT COULD PRESENT A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.