2026-07-17T14:51:23-07:00 2023-12-31 990 2023-01-01 814611816 HAWAII INVESTMENT READY HAWA 8083421037 44-527 A Kaneohe Bay Drive Kaneohe HI 96744 Keoni Lee CEO 8083421037 2024-11-13 1 2023 2025-03-06 01:10:19Z X Keoni Lee 44-527A Kaneohe Bay Drive Kaneohe HI 96744 1669918 0 X www.hiready.net X 2017 HI Education and capacity building for social for profits and nonprofits, and for government, philanthropy, and the private sector addressing social and environmental challenges in Hawaii. 3 2 3 3 0 0 1022898 1650910 28390 7500 500 11508 2620 0 1054408 1669918 287613 100549 0 0 494052 504303 0 0 0 287871 320610 1069536 925462 -15128 744456 809211 1570381 171487 188201 637724 1382180 Education and capacity building for both the entrepreneurs and funders (philanthropy, government, and private) that are collectively addressing social and environmental challenges in Hawaii. 0 0 294351 0 7500 Hawaii Investment Ready Cohort Program. Capacity building and technical assistance through direct and virtual engagement and teaching in a cohort setting for Hawaii for profit and nonprofit social enterprises working to solve social and environmental challenges. Business coaching for cohort and program alumni post-program, year round. 197372 100549 0 Fiscal Sponsorships - Fiscal sponsorship offering our legal and tax-exempt status to non-profit organizations- with aligned project or engaged in activities related to the our mission.The arrangement is contractual. Farmlink, Kukulu, Ukoa Cohort 113396 0 0 Capital Deployment - In 2023, HIR created a catalytic capital impact debt fund, the Aina Aloha Economy Fund ("Fund"), in response to insights gleaned from its Hawaii Capital Scan research project in 2022. The Fund aims to address a capital gap for Hawaii-based social entrepreneurs in accessing aligned capital needed to scale. HIR created a wholly-owned subsidiary LLC as a special purpose vehicle for the Fund. HIR also manages 3 other Program Related Investments into Hawaii-based social entrepreneurs that have completed its social enterprise accelerator program. 153593 0 0 The remaining programs include Direct Support, Partnership & Partner Support, and Research & Narrative Shifting. Direct Support includes technical assistance and consulting for Hawaii-based social entrepreneurs. Partnership & Partner Support includes staff time to engage with other organizations and efforts aligned around social enterprise economic development and impact investing in Hawaii. Research & Narrative Shifting includes a research program called the Hawaii Capital Scan as well as strategic communications to strengthen the field of impact investing and social enterprise economic development in Hawaii 153593 0 0 758712 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 7 0 3 1 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 HI X Margaret Peebles 8083421037 44-527A Kaneohe Bay Drive Kaneohe HI 96744 Keoni Lee CEO/Director 40 X X X 174313 0 0 Lisa Kleissner Board President 30 X 0 0 0 Neil Hannahs Board Secretary/Treasurer 5 X 0 0 0 174313 0 0 1 0 1 0 0 0 0 0 0 0 1650910 0 1650910 Program Fees 813319 7500 7500 0 0 0 0 0 0 7500 11508 11508 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1669918 19008 0 0 X 100549 100549 174312 147439 26873 0 259637 202591 57046 22516 17979 4537 47838 36508 11330 5706 2717 2989 4753 4753 5281 5281 117023 98815 18208 11089 4641 6448 4600 24 4576 13607 8172 5435 3523 3523 104450 102960 1490 13253 13253 Program Supplies 15201 14110 1091 0 Professional Development 14108 6203 7905 0 Business Fees 516 228 288 0 7500 7500 925462 758712 166750 0 556466 1221389 7542 0 245203 37992 311000 809211 1570381 21587 38201 0 0 0 149900 150000 0 171487 188201 X 490189 874284 147535 507896 637724 1382180 809211 1570381 744456 0 0 0 0 0 X X 0 1 X 1 0 X 182925 3202158 838700 1022898 1650910 6897591 0 0 0 0 0 0 0 0 0 0 0 0 182925 3202158 838700 1022898 1650910 6897591 1983563 4914028 0 167 500 500 11508 12675 0 0 0 0 0 0 0 0 6910266 7500 0.71112 0.99963 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Equity Investment - Farm Link Hawaii (PRI) 211000 C Aina Aloha Economy Fund Equity Investment 100000 C 311000 1669918 0 0 0 0 0 1669918 0 0 0 1669918 925462 0 0 0 0 0 925462 0 0 0 925462 1 Farm Link Hawaii PO Box 384 Waialua HI 96791 883077553 86250 In support of Farm Link's Equitable Access & Supply Building Program. Aloha United Way 200 N Vineyard Blvd Suite 700 Honolulu HI 96817 990073494 14299 Transfer of Program and assets for Kukulu Switchboard a program which facilitates and advocates for equitable, responsive resourcing of the community innovators solving social and environmental problems in Hawai'i. 1 1 Schedule I, Part I, Line 2 Financial oversight and reporting as agreed to in grant contract. X 0 0 0 0 0 0 0 0 0 Keoni Lee CEO/Director 174313 0 0 0 0 0 0 0 0 0 174313 0 Schedule J, Part I, Line 3 The Board approves compensation changes for the CEO. Form 990, Header, Line B The organization is filing this amended Form 990 following completion and review of its independent audited financial statements for the year ended December 31, 2023. The amended return updates balance sheet amounts, net asset classification, functional expense allocation, program service expense amounts, Schedule D reconciliation, and related disclosures to conform to the audited financial statements. Total revenue is unchanged. The amendments do not affect the organization's tax-exempt status and do not report unrelated business income. Form 990, Part VI, Section B, Line 11b Draft of tax return is provided at a special meeting of the board of directors electronically. Board of Directors reviews and votes to approve the document according to the organization's bylaws as documented by approval via email. All board members must approve. Form 990, Part VI, Section B, Line 12c A board member may feel that, he, she, or another board member may have actual or perceived conflict of interest regarding any one or more topics of discussion (via email, conference call, or in person) and/or decision discussion and/or decision making. Otherwise, a decision will be reached by all the other board member(s) under question, as to making. In such a case, any board member(s) actual or perceived conflict of interest shall disclose this, and recuse themselves from whether or not such a board member(s) should be excused from the discussion making for this (these) agenda items. Form 990, Part VI, Section B, Line 15 The Board reviewed and approved the CEO's compensation using available nonprofit compensation information and documented its approval in accordance with the organization's governance process. Form 990, Part VI, Section C, Line 19 The organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year upon request. Form 990, Part IX, Line 11g Contractors, Coaches & Honoraria: $117,023 Form 990, Part XII, Line 2c The organization obtained separate, independent audited financial statements for the year ended December 31, 2023. The amended return has been updated to conform to the audited financial statements. 'AINA ALOHA ECONOMY FUND LLC 2245 SAN DIEGO AVE STE 121 SAN DIEGO CA 92110 Catalytic capital impact fund supporting Hawaii-based social enterprises HI 0 100000 HAWAII INVESTMENT READY The organization timely filed its original Form 990 for the tax year. This amended return is being filed after completion and review of the organization's independent audited financial statements. The amendment is being submitted to conform the Form 990 to the audited financial statements, including updated expense classification, functional expense allocation, balance sheet amounts, net asset classification, and related reconciliation disclosures. The organization acted in good faith and exercised ordinary business care and prudence by filing the original return and then promptly preparing this amended return after identifying differences between the original return, QuickBooks records, and the final audited financial statements. The amended return does not report unrelated business income and does not change the organization's tax-exempt status.