2026-05-14T20:08:16-05:00 2025-06-30 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2024-07-01 996001152 ASSETS SCHOOL ASSE 8084403616 1 OHANA NUI WAY HONOLULU HI 96818 RYAN MASA HEAD OF SCHOOL 8084403616 2026-05-14 1 1 RODNEY M HARANO P00389596 8085311040 2026-05-06 2024 2025-03-06 01:10:19Z RYAN MASA 1 OHANA NUI WAY HONOLULU HI 96818 26768513 0 X WWW.ASSETS-SCHOOL.ORG X 1955 HI IS TO SERVE GIFTED AND CAPABLE STUDENTS, SPECIALIZING IN THOSE WITH DYSLEXIA AND OTHER LANGUAGE-BASED LEARNING DIFFERENCES. WE PROVIDE A STRENGTH-BASED PROGRAM, COMPLEMENTED BY OUTREACH AND TRAINING, THAT EMPOWERS STUDENTS TO BECOME EFFECTIVE LEARNERS AND CONFIDENT SELF-ADVOCATES. 15 15 133 67 0 0 667082 2580506 8607271 8020843 524853 794902 98742 81504 9897948 11477755 1015559 1061532 0 0 6124336 5972282 0 0 372993 2012628 2067058 9152523 9100872 745425 2376883 34327447 37177583 625766 800763 33701681 36376820 THIS ORGANIZATION IS A SCHOOL PROVIDING LEARNING AND STRENGTH-BASED PROGRAMS, COMPLEMENTED BY OUTREACH & TRAINING TO CHILDREN IN GRADES K-12 WHO ARE GIFTED, DYSLEXIC AND WITH LEARNING DISABILITIES AND/OR BOTH, WITH AN AVERAGE ENROLLMENT OF 287 STUDENTS. 0 0 7149173 1061532 8020843 PROVIDED LEARNING AND STRENGTH-BASED PROGRAMS, COMPLEMENTED BY OUTREACH & TRAINING TO CHILDREN IN GRADES K-12 WHO ARE GIFTED, DYSLEXIC AND WITH LEARNING DISABILITIES AND/OR BOTH. APPROXIMATE ENROLLMENT DURING THE FISCAL YEAR ENDING JUNE 30, 2025 WAS 252 STUDENTS. PROVIDED COMPREHENSIVE PSYCHOLOGICAL & PSYCHOEDUCTIONAL ASSESSMENTS TO CHILDREN WHO MAY BE STRUGGLING WITH COGNITIVE DIFFICULTIES, LEARNING DIFFERENCES AND/OR EMTIONAL AND BEHAVIOR CHALLENGES. 7149173 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 15 0 1 133 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X RYAN MASA HEAD OF SCHOOL 8084403616 1 OHANA NUI WAY HONOLULU HI 96818 KRISTI L MAYNARD CHAIRMAN OF BOARD 3.00 X X 0 0 0 SUZY HOLLINGER VICE CHAIRMAN 2.00 X X 0 0 0 KENT R LAU SECRETARY 2.00 X X 0 0 0 JOANN LUMSDEN TREASURER 2.00 X X 0 0 0 PETER BACKUS TRUSTEE 2.00 X 0 0 0 DARREN B GUENTHER TRUSTEE 2.00 X 0 0 0 GARY G HOGAN TRUSTEE 2.00 X 0 0 0 RUSSEL J LAU TRUSTEE 2.00 X 0 0 0 JOHN F MORTON TRUSTEE 2.00 X 0 0 0 MCD PHILPOTTS TRUSTEE 2.00 X 0 0 0 CHRIS PICCIONE TRUSTEE 2.00 X 0 0 0 GREGORY M SATO JD TRUSTEE 2.00 X 0 0 0 LYLE TAMAGAWA TRUSTEE 2.00 X 0 0 0 TONY S VERICELLA TRUSTEE 2.00 X 0 0 0 ROBERT W WO TRUSTEE 2.00 X 0 0 0 RYAN MASA HEAD OF SCHOOL 40.00 X 217773 0 7691 217773 0 7691 1 0 1 0 0 14733 120427 2445346 2580506 TUITION 611710 7372471 7372471 OTHER PROGRAM SERVICE 611710 369603 369603 SUMMER CAMP/SCHOOL 611710 210680 210680 AFTER SCHOOL CARE 611710 68089 68089 8020843 547134 547134 627 0 627 627 627 15418193 15170425 247768 247768 247768 201210 120427 120333 80877 80877 11477755 8020843 0 876406 1061532 1061532 246614 184960 49323 12331 4695296 3521472 939059 234765 93115 69837 18623 4655 566139 424604 113228 28307 371118 278338 74224 18556 71804 71804 137194 34299 89175 13720 125696 113227 12469 496116 431558 40755 23803 242402 193922 48480 50637 50637 495669 373734 97548 24387 168939 147906 21033 REPAIRS AND MAINTENANCE 84292 84292 SCHOOL LUNCHES 70416 70416 PROFESSIONAL DEVELOPMEN 69168 54020 15148 DUES AND MEMBERSHIPS 54725 54419 306 9100872 7149173 1578706 372993 771393 765741 8631108 9579560 71652 61990 140141 140297 130666 171854 28256942 11804914 16336870 16452028 8245617 10006113 34327447 37177583 364022 490450 261744 310313 625766 800763 X 16726354 19295243 16975327 17081577 33701681 36376820 34327447 37177583 2376883 217424 80832 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5668381 337763 6006144 4960985 707396 5668381 4357576 100000 503409 4960985 4702810 -345234 4357576 3827933 874877 4702810 0.05068 0.41269 0.53662 0 0 8953176 8953176 8910896 6546269 2364627 6677137 2533724 4143413 2682259 2364000 318259 1033474 360921 672553 16452028 X 9154308 217424 217424 8936884 71804 2469067 2540871 11477755 8012384 0 8012384 71804 1016684 1088488 9100872 PART V, LINE 4: ENDOWMENT FUND ASSETS AND INCOME ARE RESTRICTED TO ITS USE IN ACCORDANCE WITH DONOR STIPULATIONS AND INCLUDE USE FOR SUPPORTING THE ORGANIZATION'S OPERATIONS, INCLUDING ITS LEARNING RESOURCE CENTER AND TUITION ASSISTANCE. 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 EVALUATED THE TAX POSITIONS OF THE SCHOOL AS OF JUNE 30, 2025 AND 2024 AND FOR THE YEARS THEN ENDED, AND DETERMINED THAT THERE WERE NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. THE SCHOOL IS SUBJECT TO ROUTINE AUDITS BY TAXING AUTHORITIES; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. PART XI, LINE 4B - OTHER ADJUSTMENTS: INCREASE (DECREASE) IN NET ASSETS WITH DONOR RESTRICTIONS 1,452,383. TUITION ASSISTANCE 1,016,684. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 1,016,684. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PUBLISHED THROUGH NEWSPAPER ADVERTISING, TV, SOCIAL MEDIA, ETC. ILLUMINATION 321637 120427 201210 43812 304 1142 75075 321637 120427 201210 43812 304 1142 75075 120333 80877 1 TUITION ASSISTANCE/REMISSION 88 1016684 N/A N/A REMISSION - TUITION ASSISTANCE FOR CHILDREN OF ORGANIZATION'S EMPLOYEES 2 29813 N/A N/A SCHOLARSHIPS 2 15035 N/A N/A PART I, LINE 2: CERTAIN CRITERIA MUST BE MET FOR SCHOLARSHIPS OR TUITION ASSISTANCE OF ANY KIND. A SELECTION IS MADE FROM APPLICANTS AND A COMMITTEE DECIDES ON THE AMOUNT DEPENDING ON NEED OR MERIT. SCHOLARSHIP CHECKS ARE MADE DIRECTLY TO THE COLLEGE THE AWARDEE IS ATTENDING AND TUITION ASSISTANCE AMOUNTS ARE DIRECTLY REDUCED ON TUITION INVOICES. X 1 0 X X 0 0 0 0 0 0 0 0 0 RYAN MASA HEAD OF SCHOOL 210128 0 0 0 7645 0 0 0 7691 0 225464 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL IS REQUIRED TO RESIDE ON CAMPUS. HOS IS CURRENTLY RESIDING IN THE ON-CAMPUS HOUSING, THEREFORE, NO HOUSING ALLOWANCE IS PROVIDED. FORM 990, PART V, LINE 7G: THE ORGANIZATION DID NOT RECEIVE ANY CONTRIBUTIONS OF QUALIFIED INTELLECTUAL PROPERTY. FORM 990, PART V, LINE 7H: THE ORGANIZATION DID NOT RECEIVE ANY CONTRIBUTIONS OF CARS, BOATS, AIRPLANES OR OTHER VEHICLES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE HEAD OF SCHOOL AND THE TREASURER OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY APPLIES TO ALL MEMBERS OF THE BOARD OF TRUSTEES. IF A BOARD MEMBER HAS INFLUENCE ON CERTAIN TRANSACTIONS, THE POLICY MAKES IT IMPERATIVE TO DISCLOSE THE EXISTENCE OF THE CONFLICT. THE BOARD THEN EVALUATES THE CONFLICT. MEMBERS WITH POTENTIAL CONFLICTS MAY NOT VOTE OR PARTICIPATE IN MAKING DECISIONS REGARDING THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE HEAD OF SCHOOL IS IN PROCESS OF AN ANNUAL EVALUATION THAT INCLUDES COMPARING HIS SALARY AND DUTIES WITH THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS (NAIS) NATIONAL DATABASE, DISCUSSIONS WITH THE HAWAII ASSOCIATION OF INDEPENDENT SCHOOL'S (HAIS) EXECUTIVE DIRECTOR AND DISCUSSION WITH SEVERAL PRIVATE SCHOOLS' FINANCIAL OFFICERS. COMPENSATION ALSO INCLUDED INPUT FROM COMMITTEE CHAIRS AND THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15B: THE ORGANIZATION DID NOT COMPENSATE ITS OTHER OFFICERS AND DID NOT HAVE ANY KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS ARE READILY AVAILABLE FOR INSPECTION UPON REQUEST. THEY ARE HELD IN THE HEAD OF SCHOOL'S OFFICE. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.