2024-07-16T21:29:44-05:00 2023-12-31 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2023-01-01 460821095 KINGDOM KATALYST DBA K2 HAWAII KING 8089489591 711 KAPIOLANI BOULEVARD 500 HONOLULU HI 96813 SUE ANN MORIWAKI EXEC. DIRECTOR/TREASURER/SECRETARY 8089489590 2024-07-16 1 SUE ANN MORIWAKI 999009999 0 RODNEY M HARANO P00389596 8085311040 2024-07-15 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z K2 HAWAII INC SUE ANN MORIWAKI 711 KAPIOLANI BOULEVARD 500 HONOLULU HI 96813 1406072 0 X N/A X 2012 HI TO PROMOTE AND SUPPORT CHRISTIAN ORGANIZATIONS BY PROVIDING CHURCHES, MINISTRIES AND OTHER CHRISTIAN-BASED ORGANIZATIONS ASSISTANCE AND GUIDANCE THROUGH A FULL RANGE OF AFFORDABLE, PROFESSIONAL-QUALITY BUSINESS AND ADVANCEMENT SERVICES; FURTHERING THE DEVELOPMENT OF LEADERSHIP WITHIN THE RELIGIOUS COMMUNITY; AND LAUNCHING NEW PROJECTS AND INITIATIVES TO FURTHER THE CHRISTIAN FAITH. 6 6 6 8 0 0 187334 103256 1455835 1301135 110 1478 0 0 1643279 1405869 3363 79741 0 0 708059 623521 0 0 0 826785 818490 1538207 1521752 105072 -115883 5085546 4803001 4486978 4320112 598568 482889 X TO PROMOTE AND SUPPORT CHRISTIAN ORGANIZATIONS BY PROVIDING CHURCHES, MINISTRIES AND OTHER CHRISTIAN-BASED ORGANIZATIONS ASSISTANCE AND GUIDANCE THROUGH A FULL RANGE OF AFFORDABLE, PROFESSIONAL-QUALITY BUSINESS AND ADVANCEMENT SERVICES; FURTHERING THE DEVELOPMENT OF LEADERSHIP WITHIN THE RELIGIOUS COMMUNITY; AND LAUNCHING NEW PROJECTS AND INITIATIVES TO FURTHER THE CHRISTIAN FAITH. 1 0 408605 7000 483567 ORGANIZATIONAL ASSISTANCE -DURING THE 2023 FISCAL YEAR, KINGDOM KATALYST PROVIDED ACCOUNTING AND BUSINESS MANAGEMENT SERVICES TO TEN CHURCHES, ALL MEMBERS OF THE FOURSQUARE DENOMINATION IN HAWAII. SERVICES WERE ALSO PROVIDED TO THE NATIONAL FOURSQUARE DISTRICT OFFICES AND THREE FOURSQUARE CAMPS ACROSS THE US. APPROXIMATELY 231 HOURS OF THE CHAIRMAN'S TIME WAS SPENT IN MEETINGS WITH CLIENT CHURCH REPRESENTATIVES, AND OTHER APOSTOLIC LEADERS TO FURTHER DEVELOP THE PROGRAM. SERVICE REVENUES FOR THESE SERVICES WERE MAINTAINED AT OR BELOW THE COST TO PROVIDE THE SERVICE. THE REMAINING COST NOT COVERED BY SERVICE REVENUE WAS OFFSET BY DONATIONS MADE TO KINGDOM KATALYST BY INDIVIDUALS AND OTHER RELIGIOUS ORGANIZATIONS. 222905 72741 196138 CLIENT AND COMMUNITY LEADERSHIP DEVELOPMENT -THE PATH2FREEDOM PROGRAM FOCUSES ON CHRISTIAN LIFE COACHING OF APOSTOLIC LEADERS AND THEIR FAMILIES WITH THE PRIMARY OBJECTIVE OF DEVELOPING HEALTHY LEADERS WHO HAVE HEALTHY FAMILIES, WHO AS A RESULT CAN DEVELOP AND LEAD HEALTHY TEAMS WITHIN THEIR CHURCHES AND BUSINESSES. CLIENT LEADERSHIP, COMMUNITY LEADERS AND OTHER ASSOCIATES OF CLIENTS AND KINGDOM KATALYST LEADERSHIP ARE INVITED TO PARTICIPATE. THIS COMPANY OPERATES WITH THE SUPPORT OF DONATIONS FROM COMMUNITY LEADERS AND SERVICE REVENUE FROM CHURCHES AND OTHER ORGANIZATIONS. REVENUES WILL BE MAINTAINED AT OR BELOW THE COST TO PROVIDE THE SERVICE. APPROXIMATELY 104 HOURS OF THE CHAIRMAN'S TIME WAS SPENT IN MEETINGS WITH CLIENT CHURCH REPRESENTATIVES, AND COMMUNITY LEADERS TO FURTHER DEVELOP THE PROGRAM. 561913 566380 REAL ESTATE LEASING AND DEVELOPMENT SOLUTIONS -THE FIRST LEASE TO BE TRANSFERRED WAS THE EXISTING LEASE FOR ONE OF K2 HAWAII'S PROFESSIONAL SERVICE CLIENTS, WITH THE INTENTION OF REMOVING THE ADMINISTRATIVE BURDEN OF MAINTAINING THE LEASE, AS WELL AS MAKING THE MOST OPTIMAL USE OF THE SPACE BY OFFERING IT TO OTHER CHRISTIAN NON-PROFITS AND SMALL CHURCHES WITHOUT THE FINANCIAL MEANS TO LEASE THEIR OWN MINISTRY SPACE. 66197 55050 DIGITAL MEDIA -CONSULTING ON DIGITAL MEDIA STRATEGIES TO IMPROVE THE QUALITY OF ONLINE SERVICES AND REDUCE THE IMPACT OF THE PANDEMIC WAS ALSO PROVIDED BY KINGDOM KATALYST. KINGDOM KATALYST CONTRACTED A PROFESSIONAL DIGITAL MEDIA CONSULTANT WILLING TO WORK WITH OUR CLIENTS FOR A REDUCED FEE. HE HELD A SERIES OF CHURCH STRATEGY AND MINISTRY DEVELOPMENT MEETINGS WITH VARIOUS CLIENTS. APPROXIMATELY 55 HOURS OF THE CHAIRMAN'S TIME WAS SPENT IN MEETINGS WITH CLIENT CHURCH REPRESENTATIVES, AND OTHER APOSTOLIC LEADERS TO CREATE A PROGRAM THAT WOULD HELP MEET THE NEEDS OF OUR CLIENTS. 18751 JAPAN INITIATIVES PROGRAM - THE PROGRAM SUPPORTS A PASTOR IN JAPAN WHO IS THE EXECUTIVE PASTOR AT A CHRISTIAN CHURCH IN TOKYO. THIS PASTOR ALSO HAS A KINGDOM ASSIGNMENT INCLUDING RAISING UP NEXT GENERATION PASTOR THROUGHOUT JAPAN, LEADING YOUTH RETREATS AND BUILDING GREATER UNITY AMONGST THE PASTORS/CHURCHES IN JAPAN. 84948 55050 1278371 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 7 0 1 6 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 HI X SUE ANN MORIWAKI 8082259588 711 KAPIOLANI BOULEVARD SUITE 500 HONOLULU HI 96813 CREIGHTON ARITA CHAIRMAN 6.50 X X 0 0 0 EDWARD ONTAI DIRECTOR 1.00 X 0 0 0 ALFRED RODI DIRECTOR 1.00 X 0 0 0 KEN HAYASHIDA DIRECTOR 1.00 X 0 0 0 JUSTIN ARITA DIRECTOR 1.00 X 0 0 0 RICHARD KISHABA DIRECTOR 1.00 X 0 0 0 SUE ANN MORIWAKI EXEC DIRECTOR/TREASURER/SECRETARY 40.00 X 123557 0 0 123557 0 0 1 0 0 0 0 103256 103256 ORGANIZATIONAL ASSISTA 541200 668181 668181 KD2 DEVELOPMENT 900099 571920 571920 S2S PROGRAM 900099 60000 60000 MISCELLANEOUS INCOME 900099 1034 1034 1301135 1681 1681 203 -203 -203 -203 1405869 1301135 0 1478 79741 79741 123557 93533 30024 408556 374727 33829 47128 41473 5655 44280 38967 5313 7058 7058 34569 34569 62751 20816 41935 9552 971 8581 8127 6702 1425 606923 560978 45945 9776 9776 10119 9027 1092 1149 1149 34967 27856 7111 HONORARIUM 12000 12000 DUES, SUBSCRIPTIONS, AN 8001 7041 960 MISC. EXPENSE 6353 3365 2988 TELEPHONE 3882 3398 484 3263 3263 1521752 1278371 243381 0 605869 170147 8010 353467 49924 58890 21832 8309 13227 13227 1149 0 4398762 4212188 5085546 4803001 60613 51915 4426365 4268197 4486978 4320112 X 405868 391155 192700 91734 598568 482889 5085546 4803001 -115883 204 0 X 1 X 0 1 0 X 105390 234087 119885 187334 103256 749952 781398 1050526 1394744 1455835 1301135 5983638 886788 1284613 1514629 1643169 1404391 6733590 3000 20000 10300 10153 6500 49953 37196 69828 53506 68068 14739 243337 40196 89828 63806 78221 21239 293290 6440300 78 107 110 1681 1976 78 107 110 1681 1976 886788 1284691 1514736 1643279 1406072 6735566 0.95620 0.94130 0.00030 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13227 13227 0 0 SECURITY DEPOSITS 5229 RIGHT-OF-USE ASSET 4206959 4212188 LEASE LIABILITY 4268197 4268197 X PART X, LINE 2: U.S. GAAP REQUIRES UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT TO FAIL UPON REGULATORY EXAMINATION. MANAGEMENT HAS EVALUATED K2 HAWAII'S TAX POSITIONS AS OF DECEMBER 31, 2023 AND FOR THE YEAR THEN ENDED, AND DETERMINED THAT IT HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP. K2 HAWAII IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY OPEN TAX PERIODS. EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES - JAPAN INITIATIVES PLAN AND LEAD CHRISTIAN YOUTH CAMPS AND EVENTS IN JAPAN; BUILD UNITY AS A PASTOR AT NEW HOPE TOKYO IN JAPAN AND THROUGH HIS RELATIONSHIPS IN HAWAII WHERE HE WAS BORN AND RAISED. IN 2023, THE FOLLOWING EVENTS WERE HELD: LAUNCHED INTERDENOMINATIONAL YOUTH PROJECT W/MULTIPLE CHURCHES; NEW HOPE JAPAN OHANA RETREAT; SYMPOSIUM FOR CHRISTIAN CHURCH PLANTERS IN JAPAN; HULA CONFERENCE & CONCERT W/NEW HOPE OAHU AND NEW HOPE JAPAN; YOUTH CAMP; PASTORS CONFERENCE; VISIT W/HAWAII CHURCH LEADERSHIP (INCLUDING OTHER K2 CHURCH CLIENTS) 18751 0 1 0 0 0 1 18751 0 18751 0 0 0 0 0 0 1 WAVE OF LIFE MINISTRIES INTERNATIONAL 1088 CORTE LA BRISA SANTA PAULA CA 93060 953303289 501(C)(3) 72241 0 TO CONTINUE WORK OF HO'OHUI CITY IMPACT MINISTRY WHICH OFFERS FAITH-BASED CONSULTING TO CHURCHES AND OTHER NON PROFITS. DIAMOND HEAD FOURSQUARE CHURCH 4211 WAIALAE AVENUE 1030 HONOLULU HI 96816 770667145 501(C)(3) 7000 0 SUPPORT FOR MULTI CHURCH GOOD FRIDAY SERVICES AND GLORY CONFERENCE. 2 PART I, LINE 2: K2 HAWAII REQUIRES PERIODIC REPORTING FROM THE INDIVIDUAL OR ORGANIZATION AS WELL AS GETTING ADDITIONAL INFORMATION FROM OTHER ORGANIZATIONS OR INDIVIDUALS THAT PARTICIPATE WITH THEM IN THE PROGRAM. FORM 990, PART III, LINE 2 ADDITION OF JAPAN INITIATIVES PROGRAM. THE PROGRAM SUPPORTS A PASTOR IN JAPAN WHO IS THE EXECUTIVE PASTOR AT A CHRISTIAN CHURCH IN TOKYO. THIS PASTOR ALSO HAS A KINGDOM ASSIGNMENT INCLUDING RAISING UP NEXT GENERATION PASTOR THROUGHOUT JAPAN, LEADING YOUTH RETREATS AND BUILDING GREATER UNITY AMONGST THE PASTORS/CHURCHES IN JAPAN. FORM 990, PART VI, SECTION A, LINE 2 CREIGHTON ARITA AND JUSTIN ARITA HAVE A FAMILY RELATIONSHIP. CREIGHTON ARITA AND EDWARD ONTAI HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B LINE 8B IS N/A. THERE ARE NO SEPARATE COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISTRIBUTED TO THE BOARD MEMBERS, AND REVIEWED AT A MEETING, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, COMPANY OFFICERS, AND KEY MANAGEMENT PERSONNEL ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. THE DETERMINATION OF AN ACTUAL CONFLICT, IF ANY, IS REVIEWED AND MADE AT THE BOARD LEVEL. ANY POTENTIAL CONFLICT SHOULD BE IDENTIFIED BY THE EXECUTIVE DIRECTOR AS BUSINESS OCCURS, OR SHOULD BE DISCLOSED PRIOR TO OR WHEN REALIZED BY ANY OF THE PERSONS COVERED BY THE POLICY. IF A CONFLICT IS IDENTIFIED PRIOR TO THE TRANSACTION OCCURRING, THE PERSON(S) WITH THE CONFLICT ARE PROHIBITED IN THE DELIBERATIONS AND DECISIONS MADE BY THE BOARD IN RELATION TO THE TRANSACTION. IF A CONFLICT IS IDENTIFIED AFTER A TRANSACTION HAS OCCURRED, THE BOARD WILL DETERMINE THE RESULTING COURSE OF ACTION AND ANY REPORTING NECESSARY. THE PERSON(S) WITH THE CONFLICT WOULD BE PROHIBITED IN THE DELIBERATIONS AND DECISIONS MADE BY THE BOARD IN RELATION TO THE RESULTING COURSE OF ACTION AND ANY REPORTING DETERMINED TO BE MADE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD PRESIDENT CONDUCTS AN INFORMAL SURVEY OF LOCAL NON PROFIT ORGANIZATIONS SIMILAR TO K2. THE SURVEY RESULTS ARE SHARED WITH AND APPROVED BY THE BOARD OF K2. FORM 990, PART VI, SECTION B, LINE 15B: THE BOARD PRESIDENT CONDUCTS AN INFORMAL SURVEY OF LOCAL NON PROFIT ORGANIZATIONS SIMILAR TO K2. THE SURVEY RESULTS ARE SHARED WITH AND APPROVED BY THE BOARD OF K2. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. A COPY OF THE MOST RECENT ANNUAL FINANCIAL STATEMENT CAN BE FOUND ON THE ORGANIZATION'S WEBSITE. PATH2FREEDOM LLC 711 KAPIOLANI BLVD SUITE 500 HONOLULU HI 96813 823569626 LEADERSHIP DEVELOPMENT HI 183376 64790 K2 HAWAII K2 DEVELOPMENT LLC 711 KAPIOLANI BLVD SUITE 500 HONOLULU HI 96813 841839733 ASSISTANCE TO RELIGIOUS ORGANIZATIONS HI K2 HAWAII