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Nonprofiteer
← OLELO COMMUNITY TELEVISION

Form 990 for tax year 2023

Filed by OLELO COMMUNITY TELEVISION.

Totals

Total revenue
$8,217,589
Total expenses
$9,903,886
Contributions and grants received
$6,893,498
Grants paid
$0
Program service revenue
$33,469
Investment income
$215,178
Other revenue
$1,075,444
Total assets, end of year
$25,955,646
Total liabilities, end of year
$15,162,117
Net assets or fund balances, end of year
$10,793,529
Program services expenses (Part IX)
$6,696,711
Management and general expenses
$3,207,175
Fundraising expenses
$0
Program service expenses (Part III)
$6,696,711

Program services were 67.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $6,781,672

  • 1f · All other contributions, gifts and grants

    $111,826

  • 2a · Program service revenue: OTHER SERVICE INCOME

    total $18,491 · related or exempt $18,491

  • 2b · Program service revenue: CONTRACT SERVICES

    total $14,978 · related or exempt $14,978

  • 3 · Investment income

    total $219,538 · excluded $219,538

  • 6a · Gross rents

    real property $1,075,444

  • 6c · Rental income or loss

    real property $1,075,444

  • 6d · Net rental income or loss

    total $1,075,444 · excluded $1,075,444

  • 7b · Less cost or other basis and sales expenses

    other assets $4,360

  • 7c · Gain or loss

    other assets -$4,360

  • 7d · Net gain or loss

    total -$4,360 · excluded -$4,360

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $227,642 · management and general $227,642

  • 7 · Other salaries and wages

    total $4,219,219 · program services $3,465,913 · management and general $753,306

  • 8 · Pension plan contributions

    total $170,011 · program services $134,257 · management and general $35,754

  • 9 · Other employee benefits

    total $612,208 · program services $477,391 · management and general $134,817

  • 10 · Payroll taxes

    total $383,741 · program services $299,236 · management and general $84,505

  • 11b · Fees: legal

    total $61,897 · management and general $61,897

  • 11c · Fees: accounting

    total $146,097 · management and general $146,097

  • 11f · Fees: investment management

    total $16,671 · management and general $16,671

  • 11g · Fees: other

    total $327,984 · program services $222,355 · management and general $105,629

  • 12 · Advertising and promotion

    total $129,492 · program services $126,673 · management and general $2,819

  • 13 · Office expenses

    total $52,598 · program services $25,445 · management and general $27,153

  • 14 · Information technology

    total $228,282 · program services $153,025 · management and general $75,257

  • 16 · Occupancy

    total $590,709 · program services $298,041 · management and general $292,668

  • 17 · Travel

    total $79,493 · program services $69,186 · management and general $10,307

  • 22 · Depreciation, depletion and amortization

    total $1,089,091 · program services $816,818 · management and general $272,273

  • 23 · Insurance

    total $108,025 · program services $69,967 · management and general $38,058

  • 24a · Other expenses: LEASE EXPENSE

    total $938,054 · program services $328,319 · management and general $609,735

  • 24b · Other expenses: EMPLOYEE RELATIONS

    total $255,460 · program services $10,594 · management and general $244,866

  • 24c · Other expenses: CLIENT RELATIONS

    total $140,134 · program services $127,844 · management and general $12,290

  • 24d · Other expenses: PRODUCTIONS

    total $45,249 · program services $44,461 · management and general $788

  • 24e · All other expenses

    total $81,829 · program services $27,186 · management and general $54,643

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,062,773 · end of year $2,179,023

  • 2 · Savings and temporary cash investments

    beginning of year $132,263 · end of year $98,422

  • 4 · Accounts receivable

    beginning of year $181,510 · end of year $282,448

  • 9 · Prepaid expenses and deferred charges

    beginning of year $122,953 · end of year $147,888

  • 10a · Land, buildings and equipment: cost or other basis

    $19,969,357

  • 10b · Land, buildings and equipment: accumulated depreciation

    $14,479,609

  • 10c · Land, buildings and equipment, net

    beginning of year $5,479,680 · end of year $5,489,748

  • 11 · Investments: publicly traded securities

    beginning of year $2,991,935 · end of year $3,552,359

  • 15 · Other assets

    beginning of year $14,738,095 · end of year $14,205,758

  • 17 · Accounts payable and accrued expenses

    beginning of year $724,878 · end of year $567,869

  • 25 · Other liabilities

    beginning of year $14,972,921 · end of year $14,594,248

  • 27 · Net assets without donor restrictions

    beginning of year $11,815,911 · end of year $10,720,843

  • 28 · Net assets with donor restrictions

    beginning of year $195,499 · end of year $72,686

Mission and programs · 2023

Mission

TO STRENGTHEN OUR ISLAND VOICES AND ADVANCE COMMUNITY ENGAGEMENT THROUGH INNOVATIVE MEDIA BY PROVIDING CONVENIENT ACCESS TO TRAINING PROGRAMS, EQUIPMENT AND PRODUCTION FACILITIES MANAGED BY 'OLELO, ENABLING THE PUBLIC, EDUCATIONAL AND GOVERNMENTAL COMMUNITIES THE ABILITY TO CABLECAST PROGRAMMING ON THE 'OLELO CHANNELS.

Activities or mission (Part I)

TO MANAGE THE PUBLIC EDUCATIONAL AND GOVERNMENTAL ACCESS CHANNELS AND PRODUCTION FACILITIES.

  • TO PROVIDE MEMBERS OF THE PUBLIC, EDUCATIONAL, AND GOVERNMENTAL COMMUNITIES, ACCESS TO VIDEO PRODUCTION TRAINING, SERVICES AND RESOURCES.

    Expenses $6,696,711 · Revenue $33,469

  • Withheld by Nonprofiteer: this text may name a private individual.

  • Withheld by Nonprofiteer: this text may name a private individual.

  • Withheld by Nonprofiteer: this text may name a private individual.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • Nelson Lau

    FORMER BOARD

    Total calculated
    $0
    Hours/week
    0.05

  • Alexandra Harjo-Livingston

    BOARD CHAIR/

    Total calculated
    $0
    Hours/week
    0.37

  • Donna Mun

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.27

  • Melanie Kh Horikami

    TREASURER

    Total calculated
    $0
    Hours/week
    0.25

  • Olin Lagon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.05

  • Yvette Maskrey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.13

  • William Meyer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.14

  • Deborah Morita

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.24

  • Bill Ogawa

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.22

  • Robert Piper

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.24

  • Gerry Silva

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.44

  • Sean Spencer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.05

  • Edward Sun

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.38

  • Grant Tanimoto

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.66

  • Roger McKeague

    PRESIDENT/CE

    Total calculated
    $227,642
    From this org
    $225,481
    From related orgs
    $0
    Other
    $2,161
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $225,481
    Bonus
    not reported
    Other
    not reported
    Deferred
    $2,161
    Nontaxable benefits
    not reported
    Filer's total
    $227,642

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.0
Source object
202443209349324199

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