Maui Preparatory Academy Foundation
- Assets
- $7.2m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Lahaina, HI
- Founding
- 06/2010
- Data as of
- 06/2020
- EIN
- 27-2023362
Organization Overview
Maui Preparatory Academy Foundation is located in Lahaina, HI. The organization was established in 2010. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, Maui Preparatory Academy Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 33.2% each year . All expenses for the organization totaled $325.5k during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
MAUI PREPARATORY ACADEMY FOUNDATION HOLDS THE TITLE TO ALL LAND, BUILDINGS, AND LEASEHOLD IMPROVEMENTS USED, OR TO BE USED, BY MAUI PREPARATORY ACADEMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nam Le Viet President | OfficerTrustee | 0.1 | $0 |
James Bozich Vice Preside | OfficerTrustee | 0.1 | $0 |
Warren Gibson Director | Trustee | 0.1 | $0 |
Ralph Pais Director | Trustee | 0.1 | $0 |
Scott Shoemaker Director | Trustee | 0.1 | $0 |
Robert Landau Director/hea | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $650,000 |
| Noncash contributions included in lines 1a–1f | $650,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $650,000 |
| Total Program Service Revenue | $621,674 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,271,674 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $195,883 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $129,583 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $325,466 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,226,752 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,226,752 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $225,000 |
| Secured mortgages and notes payable | $3,084,193 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $112,299 |
| Total liabilities | $3,421,492 |
| Net assets without donor restrictions | -$735,140 |
| Net assets with donor restrictions | $4,540,400 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,226,752 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California State University Fresno Foundation Fresno, CA | $239,914,324 | $78,072,538 |
University Corporation At Monterey Bay Seaside, CA | $198,127,958 | $61,239,062 |
University Of Hawaii Foundation Honolulu, HI | $548,406,506 | $76,733,850 |
San Jose State University Research Foundation San Jose, CA | $48,690,406 | $57,260,435 |
University Of California Irvine Foundation Irvine, CA | $680,343,189 | $118,237,867 |
The U C Davis Foundation Davis, CA | $716,342,130 | $110,976,640 |
The Claremont Colleges Inc Claremont, CA | $165,586,929 | $59,042,939 |
Southwestern Law School Los Angeles, CA | $126,801,745 | $54,692,632 |
Associated Students Ucla Los Angeles, CA | $54,580,827 | $39,327,069 |
California State University Long Beach Research Foundation Long Beach, CA | $100,699,557 | $50,255,906 |
Aztec Shops Ltd San Diego, CA | $98,212,583 | $42,587,259 |
New Schools Fund Oakland, CA | $55,916,420 | $56,208,683 |