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Hawaii · Nonprofit

HO'OKAKO'O CORPORATION

HO'OKAKO'O CORPORATION (Hawaii) receives grants from 12 organizations whose IRS filings report $18,263,848 to it, the largest being TRUSTEES OF THE ESTATE OF BERNICE PAUAHI BISHOP DBA KAMEHAMEHA SCHOOLS ($14,754,933). 5 of them have funded it in more than one year.

Revenue FY2025
$6.4M
Funders on record
12
Grants received
$18M
Net assets
$3.3M
5/12 repeat funderspeak grant-dependency 67%
01What it does

What Ho'Okako'O Corporation does

Mission

We empower communities to develop high quality, student-centered, and sustainable hawaiian-focused charter schools by providing exceptional educational support services, mutual accountability, and a culture of learning.

As stated on its FY2025 Form 990.

Programs

  1. Ho'Okako'O Corporation provides various personnel, management, and leadership development services towards the operations of waimea middle school, kualapu'u elementary school, and kamaile academy. The organization charges a fee for these comprehensive school support services.

    $4,187,221 spentof which $3,301,302 as grants$762,365 earned by the program
    100% of program spending
  2. Assist schools already in operation on issues that affect all schools in the program. Activities include student learning & achievement, curriculum development, standards/measurement of success, teacher professional development, student support, and resource management.

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,187,221.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.1M) Expenses 100 ($3.0M) Net assets 100 ($744k)2018 Revenue 138 ($4.3M) Expenses 139 ($4.1M) Net assets 121 ($899k)2019 Revenue 121 ($3.8M) Expenses 127 ($3.8M) Net assets 119 ($885k)2020 Revenue 130 ($4.1M) Expenses 132 ($3.9M) Net assets 136 ($1.0M)2021 Revenue 146 ($4.6M) Expenses 149 ($4.5M) Net assets 149 ($1.1M)2022 Revenue 149 ($4.6M) Expenses 153 ($4.6M) Net assets 158 ($1.2M)2023 Revenue 155 ($4.8M) Expenses 161 ($4.8M) Net assets 160 ($1.2M)2024 Revenue 149 ($4.6M) Expenses 153 ($4.6M) Net assets 171 ($1.3M)2025 Revenue 207 ($6.4M) Expenses 149 ($4.4M) Net assets 438 ($3.3M)
'17'18'19'20'21'22'23'24'25
Revenue (207)Expenses (149)Net assets (438)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $2.4M to $4.1M (+72%).

$1.2M
$1.2M
$1.1M
$1.3M
$1.5M
$1.6M
$2.1M
$2.4M
$4.1M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 19% · 2018 12% · 2019 6% · 2020 11% · 2021 10% · 2022 10% · 2023 42% · 2024 67% · 2025 46%. Grants only. Government contracts and fees sit inside program revenue.

87% of HO'OKAKO'O CORPORATION’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$125k
’17
$154k
’18
−$14k
’19
$127k
’20
$101k
’21
$61k
’22
$20k
’23
$79k
’24
$2.0M
’25
10
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

David Y Gibson

Executive director

Board chair

Ivan Takushi

Chair / treasurer

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed131110997888
Joined·+1+1+2+2+3+1+0+0
No longer listed·32325000
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 6 funders, grant income fell $2.0M → $1.1M.

6 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of HO'OKAKO'O CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HO'OKAKO'O CORPORATION leans on a few funders — its largest provides 81% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

95% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HO'OKAKO'O CORPORATION.

81%
largest funder
99%
top three
~1
effective funders

Largest funder’s share by year: 2017 87% · 2018 96% · 2019 92% · 2020 87% · 2021 95% · 2022 96% · 2023 88% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

60% of HO'OKAKO'O CORPORATION's funders are still giving 3 years after their first grant; 42% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

94% of HO'OKAKO'O CORPORATION's grant income comes from Hawaii funders.

NY
CA
DC
HI

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Hawaii out of state home

Funder states come from each funder’s own filing. $2.5M arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

HO'OKAKO'O CORPORATION runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.

Operating margin31% · top quartile
Months of reserve10.2mo · top quartile
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Government funding HO'OKAKO'O CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.4M on record.

Federal$3.4M
grants $3.4Mcontracts $0
17
18
19
20
21
22
23
Top agencies
  • Department of Education$3.3M
  • Department of Health and Human Services$128k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like HO'OKAKO'O CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Hawaii

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Ho'Okako'O LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for HO'OKAKO'O CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HO'OKAKO'O CORPORATION?
HO'OKAKO'O CORPORATION (Hawaii) receives grants from 12 organizations whose IRS filings report $18,263,848 to it, the largest being TRUSTEES OF THE ESTATE OF BERNICE PAUAHI BISHOP DBA KAMEHAMEHA SCHOOLS ($14,754,933). 5 of them have funded it in more than one year.
How many funders does HO'OKAKO'O CORPORATION have?
IRS filings report 12 organizations giving $18,263,848 in grants to HO'OKAKO'O CORPORATION, 5 of which have funded it in more than one year.
Who is the largest funder of HO'OKAKO'O CORPORATION?
TRUSTEES OF THE ESTATE OF BERNICE PAUAHI BISHOP DBA KAMEHAMEHA SCHOOLS is the largest funder on record, with $14,754,933 in grants. The full list of funders is on this page.
How can an organization like HO'OKAKO'O CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Hawaii. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing