Nonprofit · EIN 99-6001152
ASSETS SCHOOL
Tax-exempt · HONOLULU, HI 96818
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $11,477,755 | $9,100,872 | $2,376,883 | $37,177,583 | $800,763 | $36,376,820 |
| June 30, 2024 | 990 | $9,897,948 | $9,152,523 | $745,425 | $34,327,447 | $625,766 | $33,701,681 |
| June 30, 2023 | 990 | $11,196,634 | $9,260,506 | $1,936,128 | $32,689,572 | $527,188 | $32,162,384 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,580,506
- Program service revenue
- $8,020,843
- Investment income
- $794,902
- Net rental income
- $627
- Net gain from sales of assets
- $247,768
- Net income from fundraising events
- $80,877
- Other revenue
- $81,504
Expenses
- Grants and similar amounts paid
- $1,061,532
- Compensation of officers, directors and key employees
- $246,614
- Other salaries and wages
- $4,695,296
- Salaries, compensation and benefits (total)
- $5,972,282
- Professional fundraising fees
- $0
- Occupancy
- $242,402
- Travel
- $50,637
- Depreciation
- $495,669
- Program services (functional)
- $7,149,173
- Management and general (functional)
- $1,578,706
- Fundraising (functional)
- $372,993
Balance sheet and other
- Total assets, start of year
- $34,327,447
- Total assets, end of year
- $37,177,583
- Total liabilities, end of year
- $800,763
- Net assets, end of year
- $36,376,820
- Land, buildings and equipment
- $16,452,028
- Publicly traded securities
- $10,006,113
- Net assets without donor restrictions
- $19,295,243
- Net assets with donor restrictions
- $17,081,577
- Gross receipts
- $26,768,513
- Employees
- 133
- Volunteers
- 67
- Year formed
- 1955
- State of legal domicile
- HI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RYAN MASA | HEAD OF SCHOOL Officer | 40 | $217,773 | $7,691 |
| KRISTI L MAYNARD | CHAIRMAN OF BOARD Trustee or director, Officer | 3 | $0 | $0 |
| SUZY HOLLINGER | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| KENT R LAU | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JOANN LUMSDEN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| PETER BACKUS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DARREN B GUENTHER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GARY G HOGAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RUSSEL J LAU | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN F MORTON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MCD PHILPOTTS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHRIS PICCIONE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GREGORY M SATO JD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LYLE TAMAGAWA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TONY S VERICELLA | TRUSTEE Trustee or director | 2 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT W WO | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RYAN MASA | HEAD OF SCHOOL Officer | 40 | $180,156 | $28,176 |
| KRISTI L MAYNARD | CHAIRMAN OF BOARD Trustee or director, Officer | 3 | $0 | $0 |
| SUZY HOLLINGER | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| KENT R LAU | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JOANN LUMSDEN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| PETER BACKUS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DARREN B GUENTHER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GARY G HOGAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RUSSEL J LAU | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN F MORTON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MCD PHILPOTTS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GREGORY M SATO JD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LYLE TAMAGAWA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TONY S VERICELLA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROBERT W WO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHRIS PICCIONE | TRUSTEE Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RYAN MASA | HEAD OF SCHOOL Officer | 40 | $180,000 | $26,661 |
| CATHERINE YANNONE | CHAIRMAN OF BOARD Trustee or director, Officer | 3 | $0 | $0 |
| SUZY HOLLINGER | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| KENT R LAU | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JOANN LUMSDEN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| PETER BACKUS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MAENETTE K P BENHAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DARREN B GUENTHER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SEAN HEHIR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GARY G HOGAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RUSSEL J LAU | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JILL MACMILLAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| KRISTI L MAYNARD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN F MORTON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MCD PHILPOTTS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GREGORY M SATO JD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LYLE TAMAGAWA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TONY S VERICELLA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROBERT M WITT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROBERT W WO | TRUSTEE Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 OHANA NUI WAY, HONOLULU, HI 96818-4414
- Principal officer (990 for 2024)
- RYAN MASA, 1 OHANA NUI WAY, HONOLULU, HI 96818
- Signed the 990
- RYAN MASA, HEAD OF SCHOOL
- Phone
- (808) 440-3616
- Website
- WWW.ASSETS-SCHOOL.ORG
- Return prepared by
- CW ASSOCIATES CPAS
Mission
THIS ORGANIZATION IS A SCHOOL PROVIDING LEARNING AND STRENGTH-BASED PROGRAMS, COMPLEMENTED BY OUTREACH & TRAINING TO CHILDREN IN GRADES K-12 WHO ARE GIFTED, DYSLEXIC AND WITH LEARNING DISABILITIES AND/OR BOTH, WITH AN AVERAGE ENROLLMENT OF 287 STUDENTS.
Program accomplishments
- PROVIDED LEARNING AND STRENGTH-BASED PROGRAMS, COMPLEMENTED BY OUTREACH & TRAINING TO CHILDREN IN GRADES K-12 WHO ARE GIFTED, DYSLEXIC AND WITH LEARNING DISABILITIES AND/OR BOTH. APPROXIMATE ENROLLMENT DURING THE FISCAL YEAR ENDING JUNE 30, 2025 WAS 252 STUDENTS.Expenses $7,149,173 · grants $1,061,532 · revenue $8,020,843
- PROVIDED COMPREHENSIVE PSYCHOLOGICAL & PSYCHOEDUCTIONAL ASSESSMENTS TO CHILDREN WHO MAY BE STRUGGLING WITH COGNITIVE DIFFICULTIES, LEARNING DIFFERENCES AND/OR EMTIONAL AND BEHAVIOR CHALLENGES.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 99-6001152
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1956
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B28Z)
- Assets (IRS master file)
- $37,177,583
- Income (IRS master file)
- $26,768,513
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $11,477,755 | $9,100,872 | $37,177,583 | IRS |
| 990 | June 2024 | $9,897,948 | $9,152,523 | $34,327,447 | IRS |
| 990 | June 2023 | $11,196,634 | $9,260,506 | $32,689,572 | XML |
| 990 | June 2022 | $10,763,009 | $8,955,995 | $30,415,828 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 99-6001152).
Questions about ASSETS SCHOOL
- What is the EIN of ASSETS SCHOOL?
- The employer identification number (EIN) of ASSETS SCHOOL is 99-6001152.
- Is ASSETS SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1956.
- Are donations to ASSETS SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASSETS SCHOOL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ASSETS SCHOOL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASSETS SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ASSETS SCHOOL?
- The 990 for the year ended June 30, 2025 names RYAN MASA.
- Who are the officers and directors of ASSETS SCHOOL?
- The 990 for the year ended June 30, 2025 lists 16 people; 1 received compensation from the organization, the highest $217,773 (RYAN MASA, HEAD OF SCHOOL).
- How much revenue does ASSETS SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $11,477,755, expenses of $9,100,872 and total assets of $37,177,583 at year end.
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