2021 Annual Report

Bizgenics, a Hawaii-Based 501C3 Nonprofit Organization

 

From the Chairman

2021: A Year to Remember

Myron Nakata | Bizgenics FoundationThis Annual Report begins with a moment of silence to recognize the contributions of one of our founders, Myron Nakata, 1955-2022. To me, Myron was a close friend and mentor. To the community, he was a leader, board member and donor. He was heroic and self-sacrificing. He was a great role model for all of us. We will miss Myron and vow with renewed vigor to serve our community as he would have us serve.

2021 marked the second year of the COVID-19 Pandemic with Bizgenics continuing to position our programs to best serve. In many ways we find that the Pandemic has moved the world closer to us as most people adopted technology such video conferencing. There’s silver linings in every cloud.

From a financial standpoint, Bizgenics was more active than ever topping last year’s activity by a factor of 3X. No single project accounts for this difference and rather all programs ramped fairly evenly. We also secured a major cash sponsorship that will book in 2022 to sustain “Shaka, A Story of Aloha.”

As always, I remain optimistic and thankful for all that we are given. Here’s to a terrific 2022. I look forward to serving with you.

With Aloha,

Steve Sue, Chairman, Bizgenics

Programs

Project Shaka 

Project Shaka Favicon

Our documentary project, “Shaka, A Story of Aloha” grew into multiple initiatives now collectively known as PROJECT SHAKA. In addition to the film, Project Shaka includes a thought leader Shaka Summit (First Lady Dawn Ige’s idea, moderated by her and Senator Glenn Wakai), a Free Shaka Sticker program (Vicky Cayetano’s idea), a Hawaii State Vehicle License Plate program (Ryan Ozawa’s idea) and Shaka curriculum (requested and funded by Hawaii Workforce Development Council for the Youth Services Center at Dole Cannery). See ProjectShaka.com »

Hamana, Shaka, A Story of Aloha
Shaka Summit Bizgenics
Shaka-Sticker-Background-6-1
Shaka License Plate

Free Shaka Stickers & License Plate sign up: ProjectShaka.com »

Shaka Curriculum

Shaka-themed innovation & entrepreneurship curriculum was created under contract to the State of Hawaii Workforce Development Council for at-risk high school students at the Youth Services Center, Honolulu. Over a 4-month period, we implemented four new market day curriculum models for lemonade, t-shirt design, sticker design and friendship jewelry crafting. Curriculum includes Teacher Guides and Student Workbooks published on Amazon. See Curriculum »

Lemon Tree Adoptions

Over 200 citrus trees were adopted by Hawaii residents this year at a recommended $20/tree donation. These donations help defray the costs of school plantings. Locations of PLT trees can be seen on a digital map created this year: see ProjectLemonTree.com »

Project Lemon Tree
ID8 Studios Bizgenics

ID8 Studios

ID8 comes of age thanks to the hard work of Dennis Burns. This year a new pipe grid, green screen, white and black sets were installed. A variety of renters graced the stage including film, TV, advertising and photography clients.

A Community Org Plan that offers up to 50% discounts to worthy causes was also created. Further, a co-work model for creative media organizations to land in the Co-Work green room space was created. For details, see ID8.org »

HaccUp Apps

Several significant apps were birthed in our HaccUp social venture incubator this year including: ThePantry, a food bank app for clients to pre-select food items for pickup by Feeding Hawaii Together; GlobalAloha, a student volunteerism app by Punahou School; ActorsHI, a local performing arts talent app, and; SumoSum, a financial forecasting app. Got an idea for an social venture app? see HaccUp.com »

HaccUp App Development Social Venture Partnerships
Fab Five Story-Based Design Thinking

Story-Based Design Thinking

This year we authored a Scope & Sequence Standard for Fab Five™ Story-Based Design Thinking. This was in response to secondary teachers feeling that a simpler, more approachable version of design thinking is needed for secondary education.

This Standard was adopted by Island Pacific Academy in their quest to become the first secondary level school in America to specialize in design thinking as a primary guiding principle.

FINANCIALS

Trending Up 3X

Despite the Pandemic, Bizgenics activity, as measured on a financial basis, ramped up 3X from the preceding year. No single program accounts for this change and instead, there has been a steady growth among all key programs.

At the same time, all programs are required to be self-sustaining as social ventures that generate their own revenue. 

If you believe in the potential of our programs, please support any program or our foundation in general.

2021 Total REvenue

2021 Total Expenses

Net Operating revenue