Palama Settlement
- Assets
- $5.5m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 41
- Location
- Honolulu, HI
- Founding
- 10/1942
- Data as of
- 12/2021
- EIN
- 99-0074140
Organization Overview
Palama Settlement is located in Honolulu, HI. The organization was established in 1942. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2021, Palama Settlement employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palama Settlement is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Palama Settlement generated $2.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PALAMA SETTLEMENT WAS ESTABLISHED IN 1896 AND INCORPORATED IN 1910 TO PARTNER WITH THOSE WHO HAVE THE GREATEST NEED IN OUR COMMUNITY, EMPOWERING THEM TO ENHANCE THEIR WELL-BEING THROUGH EDUCATION, HEALTH AND RECREATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECREATION - SEE SCHEDULE O
COMMUNITY SERVICE CENTER - SEE SCHEDULE O
EDUCATIONAL SERVICE - SEE SCHEDULE O
IN CONTINUATION OF THE ABOVE SERVICES, THE PROGRAM THAT PROVIDES OUR GREATEST OUTREACH IS THROUGH OUR PAKOLEA YOUTH SPORTS PROGRAM, KITCHEN SERVICES, IN-COMMUNITY TREATMENT PROGRAM (ICTP), AND OUR SCHOLARSHIP PROGRAM UNDER OUR EDUCATION DEPARTMENT. PALAMA SETTLEMENT OFFERS A COMPLETE AQUATIC PROGRAM TO THE COMMUNITY. BESIDES ADULT LAP SWIMS AND RECREATIONAL SWIMMING, WE OFFER A VARIETY OF PROGRAMS. SENIOR AQUAROBIC CLASSES SWIM LESSONS FOR AGES 6 MONTHS TO ADULT, A MASTER SWIM TEAM AND SCUBA LESSONS ACTIVITIES ARE AVAILABLE. SOON, A COMPETITIVE AQUATIC PROGRAM WILL BE OFFERED FOR AGES 8 TO HIGH SCHOOL LEVELS. IN ADDITION, AMERICAN RED CROSS WATER SAFETY CLASSES - LIFEGUARD TRAINING & WATER SAFE INSTRUCTOR CLASSES ARE OFFERED. WHILE WORKING THROUGH THE AFTERMATH OF THE COVID-19 PANDEMIC, PALAMA PAKOLEA YOUTH SPORTS WERE ONLY ABLE TO PROVIDE FLAG FOOTBALL, BASKETBALL, AND VOLLEYBALL TO THE YOUTH OF THE KALIHI-PALAMA AREA. DURING THE SUMMER, PALAMA SETTLEMENT PROVIDES DAILY HOT LUNCHES TO ITS SUMMER PROGRAMS THROUGH PARTICIPATION IN THE DEPARTMENT OF EDUCATION, CHILD NUTRITION BRANCH, AND SUMMER FOOD SERVICE PROGRAM. THE LUNCHES WERE PROVIDED BY LANAKILA KITCHEN AND SUPPORTED PALAMA SETTLEMENT'S SUMMER ENRICHMENT PROGRAMS (SEP). PALAMA SETTLEMENT WAS ABLE TO PROVIDE LUNCHES AND SNACKS AT NO COST TO ITS PARTICIPANTS DUE TO ITS LOCATION IN AN AREA WITH SIGNIFICANT CONCENTRATIONS OF LOW-INCOME CHILDREN. THE ICTP IS AN ALTERNATIVE LEARNING PROGRAM FOR ADJUDICATED YOUTH WHO ARE REFERRED BY FAMILY COURT PROBATION OFFICERS. MOST OF THESE YOUTHS HAVE LONG HISTORIES OF CHRONIC TRUANCY AND ARE FAILING IN SCHOOL. ICTP PROVIDES AN OPPORTUNITY FOR YOUTH WHO ARE FAILING IN THE TRADITIONAL SCHOOL SETTING TO RECOVER CREDITS TOWARD GRADUATION BY WORKING IN PARTNERSHIP WITH EACH YOUTH'S HOME SCHOOL. DUE TO COMPLICATIONS FROM THE COVID-19 PANDEMIC, THE LAST DAY OF THIS PROGRAM ENDED WITH THE CLOSING OF THE 2020-2021 SCHOOL YEAR ON MAY 20TH, 2021. DURING THE 2021 SCHOLARSHIP SEASON, PALAMA SETTLEMENT CONTINUED OUR PALAMA SCHOLARSHIPS PROGRAM. THIS FUNDING ACCOUNT IS COMPRISED OF BEQUEATHS, DONATIONS, AND GRANTS THAT ALLOW PALAMA SETTLEMENT TO HELP STUDENTS PLAY SPORTS, ATTEND PRIVATE HIGH SCHOOLS, AND PURSUE THEIR POST-HIGH DREAMS THROUGH FINANCIAL SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rosalinda Reyes Acting Executive Director | Officer | 40 | $102,390 |
Annabelle Stone Former Program Adminstrator | Officer | 40 | $78,281 |
Conrad Loui Former Executive Director | Officer | 40 | $33,053 |
Sanford Morioka 2nd Vice President | OfficerTrustee | 1 | $0 |
David Tsuda Secretary | OfficerTrustee | 1 | $0 |
Neil Tagawa 3rd Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $8,602 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,750 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,453,329 |
| Noncash contributions included in lines 1a–1f | $171,100 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,467,681 |
| Total Program Service Revenue | $646,113 |
| Investment income | $39,063 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $88,378 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,245,851 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $259,931 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $234,841 |
| Compensation of current officers, directors, key employees. | $84,976 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $699,603 |
| Pension plan accruals and contributions | $6,823 |
| Other employee benefits | $117,624 |
| Payroll taxes | $129,744 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,261 |
| Fees for services: Other | $127,988 |
| Advertising and promotion | $0 |
| Office expenses | $114,464 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $197,030 |
| Travel | $10,026 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $832 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $174,618 |
| Insurance | $52,049 |
| All other expenses | $229 |
| Total functional expenses | $2,233,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,334,133 |
| Savings and temporary cash investments | $437,944 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,600 |
| 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 | $34,607 |
| Net Land, buildings, and equipment | $742,164 |
| Investments—publicly traded securities | $2,921,949 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,472,397 |
| Accounts payable and accrued expenses | $268,843 |
| Grants payable | $0 |
| Deferred revenue | $348,385 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,089 |
| Total liabilities | $626,317 |
| Net assets without donor restrictions | $2,222,891 |
| Net assets with donor restrictions | $2,623,189 |
| 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 | $5,472,397 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Palama Settlement has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Hazel H Takumi Foundation Honolulu, HI PURPOSE: TO SUPPORT THE FOOD SERVICES PROGRAM. | $1,000 |
Endowment Analysis
| Beg. Balance | $1,535,717 |
| Earnings | $376,077 |
| Ending Balance | $1,911,794 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Helpline Youth Counseling Inc Whittier, CA | $3,382,532 | $9,232,155 |
Safe Passages Oakland, CA | $5,111,825 | $7,904,423 |
Boys & Girls Clubs Of Greater Oxnard & Port Hueneme Oxnard, CA | $14,546,466 | $5,629,099 |
Harbor Area Gang Alternatives Wilmington, CA | $1,506,442 | $4,410,091 |
Southern California Crossroads Downey, CA | $1,778,677 | $3,964,022 |
Keep Youth Doing Something Inc Van Nuys, CA | $1,720,019 | $3,247,086 |
Hollister Youth Alliance Hollister, CA | $1,558,963 | $3,111,633 |
Center On Juvenile And Criminal Justice San Francisco, CA | $3,438,604 | $2,657,252 |
Legacy La Youth Development Corporation Los Angeles, CA | $4,215,728 | $2,387,393 |
Contra Costa Juvenile Advocates Walnut Creek, CA | $944,789 | $2,575,139 |
Palama Settlement Honolulu, HI | $5,472,397 | $2,245,851 |
Champions In Service San Fernando Valley And Greater Los Angeles North Hills, CA | $688,645 | $2,562,871 |