Hualalai Academy Incorporated

Hualalai Academy Incorporated, with the EIN 990312113, was a nonprofit organization dedicated to providing academic excellence for students from kindergarten through twelfth grade. The organization operated as a K–12 college preparatory school in the Districts of North and South Kona, Hawaii.

Background and History

Hualalai Academy was founded in 1985 as a satellite of Hawaii Preparatory Academy in Waimea, with the goal of providing local education for children and attracting young professionals to the area[1]. Initially, it served students from kindergarten to fifth grade. Over time, it expanded to become an independent school in 1996, offering a full K–12 curriculum. The school earned accreditation from the Hawaii Association of Independent Schools and the Western Association of Schools and Colleges[1].

Educational Achievements

Hualalai Academy was known for its small class sizes, with a student-to-teacher ratio of 9:1. This allowed for personalized attention and encouraged students to participate in state and national programs, earning recognition in academic, athletic, and artistic pursuits[1]. The campus, located on 14.875 acres, was certified as a "Wildlife Habitat" by the National Wildlife Federation in 2007[1]. Enrollment grew from 52 students in 1996 to approximately 190 students in 2008[1].

Financial Overview

Financial records indicate that Hualalai Academy Incorporated experienced fluctuations in revenue and expenses over its operational years. At various points, the organization reported revenues ranging from $404 to $1 million and expenses between $3,240 and $2 million, with total assets and liabilities also varying significantly[2]. Despite efforts to maintain financial stability, the organization faced challenges that ultimately led to its closure.

Closure and Legacy

Hualalai Academy Incorporated ceased operations after the 2013–14 academic year due to financial difficulties, primarily resulting from a decline in student enrollment[1]. The campus was later purchased by Makua Lani Christian Academy, which relocated from a smaller site in Holualoa to the 14-acre property in Kailua-Kona[1]. Many former Hualalai students transferred to Makua Lani, contributing to an increase in enrollment for the new school.

References

Note: Due to the absence of direct access to additional information specific to the nonprofit, further references are limited. However, key details have been compiled from available sources.