2026-06-15T21:58:44-05:00 2025-07-31 333709623 COHNREZNICK ADVISORY LLC 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2024-08-01 990261935 KAMA'AINA CARE INC KAMA 8082624538 156-C HAMAKUA DRIVE KAILUA HI 96734 AXEL DIAZ CHIEF FINANCIAL OFFICER 8082624538 2026-06-15 1 1 JOLANTA TUCK P01340068 7813803520 2026-06-15 2024 2025-03-06 01:10:19Z DANA VELA 156-C HAMAKUA DRIVE KAILUA HI 96734 39216110 0 X WWW.KAMAAINAKIDS.COM X 1987 HI TO SERVE CHILDREN, FAMILIES AND OUR COMMUNITIES BY PROVIDING ONGOING QUALITY EDUCATION ANDENRICHMENT PROGRAMS TO HELP BUILD A SENSE OF SELF, COMMUNITY AND ENVIRONMENT. 9 8 1061 0 0 0 13875828 8494249 25170734 29038255 326757 834259 2021690 625473 41395009 38992236 1170071 934661 0 0 21831078 22736615 0 0 0 10983270 11372573 33984419 35043849 7410590 3948387 45346773 50257670 7938511 8325435 37408262 41932235 X TO SERVE CHILDREN, FAMILIES AND OUR COMMUNITIES BY PROVIDING ONGOING QUALITY EDUCATION AND ENRICHMENT PROGRAMS TO HELP BUILD A SENSE OF SELF, COMMUNITY AND ENVIRONMENT. 0 0 19297755 934661 18686649 THE PRESCHOOL PROGRAM SERVES CHILDREN FROM 6 WEEKS TO 5 YEARS OF AGE, PROVIDING A STRONG FOUNDATION DURING THE MOST CRITICAL YEARS OF EARLY CHILDHOOD DEVELOPMENT. THROUGH A NURTURING AND SUPPORTIVE ENVIRONMENT, THE PROGRAM FOSTERS POSITIVE SELF-ESTEEM, CONFIDENCE, INDEPENDENCE, AND ESSENTIAL SELF-HELP SKILLS THAT CONTRIBUTE TO LIFELONG LEARNING AND PERSONAL GROWTH. SERVING AN AVERAGE OF 1,100 CHILDREN EACH MONTH ACROSS TWO ISLANDS, THE PRESCHOOL PROGRAM MAKES A SIGNIFICANT IMPACT BY HELPING YOUNG CHILDREN BUILD THE SKILLS THEY NEED FOR FUTURE SUCCESS WHILE SUPPORTING FAMILIES AND STRENGTHENING THE COMMUNITIES WE SERVE. 8891090 9602587 THE SCHOOL AGE PROGRAM SERVES CHILDREN IN KINDERGARTEN THROUGH 6TH GRADE BY PROVIDING SAFE, RELIABLE CARE BEFORE AND AFTER SCHOOL, DURING HOLIDAYS, AND WHEN SCHOOL IS NOT IN SESSION. THROUGH ENRICHING ACTIVITIES IN SCIENCE, SPORTS, ART, MUSIC, AND ACADEMICS, THE PROGRAM SUPPORTS CHILDREN'S GROWTH AND LEARNING WHILE HELPING WORKING FAMILIES MAINTAIN EMPLOYMENT AND CONTRIBUTE TO THE COMMUNITY. THE PROGRAM SERVES AN AVERAGE OF 5,500 CHILDREN EACH MONTH ACROSS FOUR HAWAIIAN ISLANDS, MAKING A SIGNIFICANT IMPACT ON CHILDREN, FAMILIES, AND COMMUNITIES STATEWIDE. 422934 185530 THE EDVENTURES PROGRAM PROVIDED AN AFFORDABLE AND ACCESSIBLE GATHERING SPACE FOR COMMUNITY MEMBERS TO CELEBRATE IMPORTANT LIFE EVENTS AND MILESTONES. FROM FIRST BIRTHDAY PARTIES TO WEDDINGS AND OTHER SPECIAL OCCASIONS, THE HALL SERVED AS A WELCOMING VENUE THAT BROUGHT FAMILIES AND COMMUNITIES TOGETHER, FOSTERING CONNECTION AND CREATING LASTING MEMORIES. THE EDVENTURES PROGRAM LAST OPERATED IN DECEMBER 2024. 41898 930971 THE SPECIAL PROGRAM PROVIDES ELEMENTARY CHILDREN A SAFE ENVIRONMENT DURING OUT OF SCHOOL TIME. PROGRAMS CONSIST OF EDUCATIONAL, RECREATIONAL AND ENRICHMENT ACTIVITIES ALL DAY DURING THE FALL, WINTER, SPRING AND SUMMER BREAKS 41898 930971 28653677 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 109 0 1 1061 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 HI X ANGIE SOUTHICHACK 8082624538 156-C HAMAKUA DRIVE KAILUA HI 96734 BECKY GUSTAFSON DIRECTOR 1.00 X 0 0 0 DANA VELA PRESIDENT/CEO 50.00 X X 295372 0 37153 JENNIFER HERRING DIRECTOR 1.00 X 0 0 0 KATHY BRYANT CHAIRPERSON 1.00 X X 0 0 0 KEVIN MATSUDA DIRECTOR 1.00 X 0 0 0 RALPH GOTO VICE CHAIRMAN 1.00 X X 0 0 0 SHEILA ANNE EBERT DIRECTOR 1.00 X 0 0 0 STEPHANIE DOUGHTY DIRECTOR 1.00 X 0 0 0 THOMAS CAMPBELL MCDONALD DIRECTOR 1.00 X 0 0 0 ANGIE SOUTHICHACK VP OF FINANCE 50.00 X 141066 0 40357 AXEL DIAZ CHIEF FINANCIAL OFFICER 40.00 X 153254 0 21216 JEFFREY SUBEE CHIEF INFORMATION OFFICER 50.00 X 145669 0 17730 RANDY MIYASHIRO VP OF SCHOOL AGE PROGRAMS 40.00 X 164365 0 41567 STACY CLARK VP OF PRESCHOOL PROGRAMS 40.00 X 170176 0 23246 WENDY YASUTAKE VP OF HUMAN RESOURCES 50.00 X 140859 0 32269 NICOLE SHIMASAKI CENTER DIRECTOR 40.00 X 121528 0 14122 1332289 0 227660 8 0 1 0 CULINARY FLIGHT PO BOX 1290 KAILUA HI 96734 FOOD SERVICE FOR PRESCHOOLS & INTERSESSI 1416050 FRANK RUIZ JR 92-1116 PALAHIA ST B 103 KAPOLEI HI 96707 REPAIRS AND MAINTENACE PRESCHOOLS 122977 2 5879520 2614729 8494249 TUITION AND FEES 611600 27062136 27062136 OTHER PROGRAM FEES 611600 1976119 1976119 29038255 1049934 1049934 257991 0 257991 257991 257991 8199 223874 -215675 -215675 -215675 PROCESSING FEES 900099 343743 343743 23739 23739 367482 38992236 29405737 0 1092250 934661 934661 697837 580136 117701 17498478 14981465 2517013 459719 313299 146420 2577000 1756226 820774 1503581 1296675 206906 25610 4077 21533 177764 28298 149466 38638 38638 445136 253229 191907 265184 99686 165498 1823635 813623 1010012 3856303 3578335 277968 107281 100976 6305 62947 55096 7851 4253 640 3613 721007 595175 125832 773263 656179 117084 FOOD 1460093 1460093 TRAINING AND EDUCATION 406311 335748 70563 REPAIRS & MAINTENANCE 322250 230610 91640 LOSS ON DISPOSAL OF PRO 234383 234383 648515 579450 69065 35043849 28653677 6390172 0 500 500 37716226 12505218 26048 364578 630836 72075 39172 685337 489963 6337589 4696034 2056932 1641555 28307695 108692 4122074 4425276 220359 2191407 45346773 50257670 2266052 2442182 1333609 1180570 62530 30518 4276320 4672165 7938511 8325435 X 36770685 41485013 637577 447222 37408262 41932235 45346773 50257670 3948387 851417 -275831 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 250000 4757 4757 250000 250000 1329 1329 250000 250000 1611 1611 250000 250000 4482 4482 250000 250000 4503 4503 250000 0.00000 1.00000 0.00000 0 0 2811257 2154165 657092 3124538 2231355 893183 401794 310514 91280 1641555 EQUITY SECURITIES 1383433 F MUTUAL FUNDS AND EXCHANGE TRADED FUNDS 10187012 F GOVERNMENT AND AGENCY FIXED INCOME SECURITIES 13388851 F CORPORATE FIXED INCOME SECURITIES 3348399 F 28307695 OPERATING LEASE LIABILITY 4636294 DEPOSITS 35871 4672165 X 38870354 851417 -934661 -83244 38953598 38638 38638 38992236 34070550 -934661 -934661 35005211 38638 38638 35043849 PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUND IS TO PROVIDE CHILD CARE TUITION AID TO SINGLE PARENTS AND/OR GUARDIANS WORKING, ATTENDING JOB TRAINING OR ENROLLED IN SCHOOL. PART X, LINE 2: KCI IS TAX-EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS REQUIRED TO OPERATE IN CONFORMITY WITH THE INTERNAL REVENUE CODE TO MAINTAIN THIS QUALIFICATION. KCI HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. MANAGEMENT IS REQUIRED TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY KCI AND HAS DETERMINED THAT AS OF JULY 31,2025, THERE WERE NO MATERIAL UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. GENERALLY, TAX YEARS FROM JULY 31, 2022 THROUGH THE CURRENT YEAR REMAIN OPEN TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. KCI DOES NOT BELIEVE THAT THE RESULTS FROM ANY EXAMINATION OF THESE OPEN YEARS WOULD HAVE A MATERIAL ADVERSE EFFECT ON THE ORGANIZATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE -934,661. PART XII, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP EXPENSE -934,661. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 POLICY IS PRINTED ON ALL FLYERS, BROCHURES, INFORMATION SHEETS AND ON REGISTRATION FORMS. SCHEDULE E, PART I, LINE 6 KAMA'AINA CARE, INC. RECEIVES FEDERAL REIMBURSEMENT FOR PROVIDING FREE OR REDUCED PRICED MEALS FOR ELIGIBLE PARTICIPANTS. (USDA - CHILD & ADULT CARE FOOD PROGRAM) 1 SCHOLARSHIPS FOR PRESCHOOL AND SCHOOLAGE CHILDREN ATTENDING KAMA'AINA KIDS 560 934661 PART I, LINE 2: IN-HOUSE SCHOLARSHIP PROCEDURES: PARENTS FILL OUT AN APPLICATION FOR A SCHOLARSHIP. IT IS THE CENTER DIRECTOR'S RESPONSIBILITY TO REVIEW THE PAPERWORK PRIOR TO THE SCHOLARSHIP COMMITTEE MEETING TO DETERMINE ELIGIBILITY AND THE AMOUNT OF FUNDING THEY WILL ASK FOR AT THE MEETING OR VIA FAX AND TELEPHONIC OR ZOOM MEETINGS. SCHOLARSHIP MEETINGS ARE HELD AS NEEDED AT THE END OF PROGRAM MEETINGS. A SCHOLARSHIP IS APPROVED BEGINNING NO EARLIER THAN THE MONTH THAT THE CENTER DIRECTOR PRESENTS THE APPLICATION TO THE COMMITTEE. THE ONLY EXCEPTION TO THIS IS IF THERE WAS NO SCHOLARSHIP MEETING OR THE CENTER DIRECTOR WAS ABSENT AND UNABLE TO PRESENT THE APPLICATION. SCHOLARSHIPS CAN BE APPROVED FOR NO MORE THAN 6 MONTHS AT A TIME. A FAMILY MAY REAPPLY AT THE END OF THE APPROVAL PERIOD FOR ADDITIONAL ASSISTANCE. THE COMMITTEE MAY DETERMINE TO QUALIFY A FAMILY FOR A SHORTER PERIOD OF TIME IF THERE ARE CONCERNS OR RECOMMENDATIONS FOR OTHER OUTSIDE ASSISTANCE. NO SCHOLARSHIP CAN BE APPROVED FOR BEYOND THE SCHOOL YEAR. SCHOLARSHIP APPROVALS ARE MADE BY COMMITTEE, WHICH CONSISTS OF A QUORUM OF CENTER DIRECTOR'S (CURRENTLY 8). THIS QUORUM DOES NOT NEED TO INCLUDE SPECIFIC DIRECTORS AND CAN CHANGE FROM MEETING TO MEETING. ONCE A SCHOLARSHIP HAS BEEN APPROVED, THE COMMITTEE MUST SIGN OFF ON THE APPROVAL. IT IS RECOMMENDED THAT A CENTER DIRECTOR NOT SIGN THE APPROVAL OF FAMILIES AT THEIR SITE. ACCOUNTS RECEIVABLE RECEIVES PAPERWORK FROM THE COMMITTEE CHAIRPERSON TO BEGIN SCHOLARSHIP. IF, FOR ANY REASON, THERE IS A CHANGE TO THE SCHOLARSHIP AMOUNT AND/OR THE CHILD RECEIVING SCHOLARSHIP ENDS THEIR ENROLLMENT, IT IS THE CENTER DIRECTOR'S RESPONSIBILITY TO LET ACCOUNTS RECEIVABLE KNOW OF THE CHANGE. THE AMOUNT OF SCHOLARSHIP THAT CAN BE AWARDED TO EACH FAMILY VARIES. IT CAN BE NO MORE THAN 50% OF THE FAMILY'S SHARE OF TUITION. IT MUST BE IN AN INCREMENT OF $25. IF A FAMILY IS DENIED SCHOLARSHIP FOR ANY REASON, THE CENTER DIRECTOR CAN REQUEST THE COMMITTEE CHAIRPERSON TO SEND A LETTER TO THE FAMILY EXPLAINING THEIR DENIAL OF ASSISTANCE. THIS MUST BE REQUESTED. WHEN A FAMILY IS APPROVED, AN APPROVAL FORM IS SENT TO THE CENTER DIRECTOR SO THAT S/HE MAY INFORM THE FAMILY OF THE AMOUNT OF THE SCHOLARSHIP, WHEN IT WILL BEGIN, AND WHEN IT WILL END. THE CENTER DIRECTORS AND REGIONAL MANAGERS REVIEW THE SCHOLARSHIP USAGE VIA AN EXCEL SPREADSHEET WHICH SHOWS THE BALANCE AND USAGES BY SCHOOL. THE ORGANIZATION SOLICITS FUNDS FROM OTHER FOUNDATIONS AND REQUIREMENTS MAY DIFFER FROM OUR INHOUSE SCHOLARSHIP FUNDS, E.G. SCHOLARSHIPS ARE AWARDED FOR THE ENTIRE SCHOOL YEAR AND IN SOME CASES MAY GO ONLY TO ACCREDITED SCHOOL ATTENDEES. X X X X 0 0 0 1 0 1 0 0 0 DANA VELA PRESIDENT/CEO 223231 0 68241 0 3900 0 13417 0 23736 0 332525 0 0 0 RANDY MIYASHIRO VP OF SCHOOL AGE PROGRAMS 125000 0 37562 0 1803 0 9743 0 31824 0 205932 0 0 0 STACY CLARK VP OF PRESCHOOL PROGRAMS 102071 0 59105 0 9000 0 10286 0 12960 0 193422 0 0 0 ANGIE SOUTHICHACK VP OF FINANCE 110797 0 21269 0 9000 0 8533 0 31824 0 181423 0 0 0 AXEL DIAZ CHIEF FINANCIAL OFFICER 146154 0 350 0 6750 0 0 0 21216 0 174470 0 0 0 WENDY YASUTAKE VP OF HUMAN RESOURCES 110615 0 21244 0 9000 0 8533 0 23736 0 173128 0 0 0 JEFFREY SUBEE CHIEF INFORMATION OFFICER 110000 0 21269 0 14400 0 8730 0 9000 0 163399 0 0 0 PART I, LINE 5 THE ORGANIZATION HAS AN INCENTIVE SYSTEM IN WHICH THE VICE-PRESIDENTS OF THE DIVISIONS AND OPERATING MANAGERS RECEIVE A BONUS IF THE DIVISION MEETS ITS DIVISIONAL GOALS AND THE CEO RECEIVES A BONUS IF THE ORGANIZATION, AS A WHOLE, DOES WELL. EACH EMPLOYEE THAT RECEIVES A BONUS HAS THE OPTION OF PLACING ALL OR PART OF THAT BONUS INTO AN ACCOUNT TO BE USED IN SUPPORT OF OTHER COMPANY EMPLOYEES. PART I, LINE 6 THE ORGANIZATION HAS AN INCENTIVE SYSTEM IN WHICH THE VICE-PRESIDENTS OF THE DIVISIONS AND OPERATING MANAGERS RECEIVE A BONUS IF THE DIVISION MEETS ITS DIVISIONAL GOALS AND THE CEO RECEIVES A BONUS IF THE ORGANIZATION, AS A WHOLE, DOES WELL. EACH EMPLOYEE THAT RECEIVES A BONUS HAS THE OPTION OF PLACING ALL OR PART OF THAT BONUS INTO AN ACCOUNT TO BE USED IN SUPPORT OF OTHER COMPANY EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THE ORGANIZATION CONSISTS OF ALL PARENTS OR LEGAL GUARDIANS OF CHILDREN CURRENTLY ENROLLED AND ATTENDING PROGRAMS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ARE ENTITLED TO ONE VOTE FOR EACH CHILD ENROLLED IN THE SERVICES OR PROGRAMS OF THE ORGANIZATION. MEMBERS VOTE FOR DIRECTORS AT THE ANNUAL MEETING OF MEMBERS IN OCTOBER OF EACH YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED AND APPROVED BY THE AUDIT COMMITTEE. A COPY WILL THEN BE DISTRIBUTED TO THE MEMBERS OF THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ONCE A YEAR, THE BOARD MEMBERS ARE GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY AND ARE ASKED TO DISCLOSE ANY POSSIBLE CONFLICTS. IF A CONFLICT IS FOUND, THE PERSON WITH THE CONFLICT RECUSES THEMSELVES FROM THE VOTING PROCESS. FORM 990, PART VI, SECTION B, LINE 15A FOR THE CEO, THE BOARD USES A PRESCRIBED WRITTEN EVALUATION METHODOLOGY AND EMPLOYS AN EXPERT CONSULTANT IN EXECUTIVE COMPENSATION EVALUATIONS. THE CEO REVIEWS AND APPROVES COMPENSATION OF HIS MANAGEMENT TEAM. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST.