Civic Intelligence

Nova Arts Foundation Inc.

990 • Fiscal year 2019 • EIN 13-2941045

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 12, 2020

PO Box 670Kailua, HI 96734

(808) 383-5149

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$18,957

Flat from 2019

Net Assets

Flat

-$19,168

Flat from 2019

Liabilities

Flat

$38,125

Flat from 2019

Revenue And Expenses

Revenue

Flat

$199,234

Flat from 2019

Expenses

Flat

$211,061

Flat from 2019

Net Income

Flat

-$11,827

Flat from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$100K$0-$100KAssets 2010: $14,359Liabilities 2010: $107,685Net Assets 2010: -$93,3262010Assets 2011: $21,565Liabilities 2011: $91,552Net Assets 2011: -$69,9872011Assets 2012: $16,430Liabilities 2012: $91,892Net Assets 2012: -$75,4622012Assets 2013: $15,694Liabilities 2013: $78,230Net Assets 2013: -$62,5362013Assets 2014: $10,470Liabilities 2014: $67,200Net Assets 2014: -$56,7302014Assets 2015: $6,585Liabilities 2015: $85,942Net Assets 2015: -$79,3572015Assets 2016: $3,026Liabilities 2016: $96,932Net Assets 2016: -$93,9062016Assets 2017: $4,227Liabilities 2017: $77,836Net Assets 2017: -$73,6092017Assets 2018: $48,709Liabilities 2018: $56,050Net Assets 2018: -$7,3412018Assets 2019: $18,957Liabilities 2019: $38,125Net Assets 2019: -$19,1682019Assets 2019: $18,957Liabilities 2019: $38,125Net Assets 2019: -$19,1682019Assets 2020: $129,424Liabilities 2020: $157,391Net Assets 2020: -$27,9672020Assets 2021: $87,085Liabilities 2021: $153,544Net Assets 2021: -$66,4592021Assets 2022: $79,939Liabilities 2022: $154,485Net Assets 2022: -$74,5462022Assets 2023: $123,652Liabilities 2023: $186,764Net Assets 2023: -$63,1122023Assets 2024: $83,486Liabilities 2024: $150,650Net Assets 2024: -$67,1642024

Highlighted filing

2019

Assets$18,957
Liabilities$38,125
Net Assets-$19,168

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2010: $230,015Expenses 2010: $243,071Net Income 2010: -$13,0562010Expenses 2011: $229,3242011Expenses 2012: $216,5412012Revenue 2013: $219,877Expenses 2013: $202,191Net Income 2013: $17,6862013Revenue 2014: $223,881Expenses 2014: $222,969Net Income 2014: $9122014Revenue 2015: $371,412Expenses 2015: $394,039Net Income 2015: -$22,6272015Revenue 2016: $209,534Expenses 2016: $224,083Net Income 2016: -$14,5492016Revenue 2017: $258,593Expenses 2017: $236,987Net Income 2017: $21,6062017Revenue 2018: $311,034Expenses 2018: $248,966Net Income 2018: $62,0682018Revenue 2019: $199,234Expenses 2019: $211,061Net Income 2019: -$11,8272019Revenue 2019: $199,234Expenses 2019: $211,061Net Income 2019: -$11,8272019Revenue 2020: $131,579Expenses 2020: $139,263Net Income 2020: -$7,6842020Revenue 2021: $103,726Expenses 2021: $142,218Net Income 2021: -$38,4922021Revenue 2022: $188,318Expenses 2022: $196,405Net Income 2022: -$8,0872022Revenue 2023: $327,247Expenses 2023: $355,936Net Income 2023: -$28,6892023Revenue 2024: $177,075Expenses 2024: $181,755Net Income 2024: -$4,6802024

Highlighted filing

2019

Revenue$199,234
Expenses$211,061
Net Income-$11,827
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 12, 2020
Return Version
2019v5.0
Gross Receipts
$233,711
Mission and Program Overview

Mission

Dance/art performances to enable a diverse and growing audience to learn and experience the art of dance and its capacity to educate by crossing cultural, spiritual, and economic boundaries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$37,945$18,276▼ $19,669
Cash and Non-Interest-Bearing Accounts$10,664$581▼ $10,083
Rtn Earn Endowment Incm Other Fnds$-7,341$-19,168▼ $11,827
Total Assets$48,709$18,957▼ $29,752
Other Assets Total$100$100→ $0
Liabilities
Unsecured Notes Loans Payable$23,037$18,654▼ $4,383
Accounts Payable and Accrued Expenses$23,013$14,471▼ $8,542
Deferred Revenue$10,000$5,000▼ $5,000
Total Liabilities$56,050$38,125▼ $17,925
Net Assets / Fund Balance
Total Net Assets Fund Balance$-7,341$-19,168▼ $11,827
Total Liabilities and Net Assets / Fund Balance$48,709$18,957▼ $29,752

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$22,288$22,288
Compensation and Service Providers

Board Members and Trustees

NameTitle
Laura Brucia HammPresident
Rai Saint ChuSecretary
Judy BishopTreasurer
Michael NorthVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$67,309
Program Service Revenue
$94,526
Investment Income
$0
Other Revenue
$37,399
All Other Contributions
$67,309
Change in Net Assets
$-11,827
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$152,141
Salaries, Compensation, and Employee Benefits$58,920
Total Fundraising Expense$1,520
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$47,603--$47,603
Other Salaries and Wages$19,551$19,551-$39,102
Travel$11,494--$11,494
Payroll Taxes$5,563$5,564-$11,127
Other Employee Benefits$4,345$4,346-$8,691
All Other Expenses$4,523$2,853$417$7,793
Office Expenses$690$567$1,103$2,360
Other Expenses$2,346$10,647-$2,346
Advertising$1,163--$1,163
Conferences and Meetings-$626-$626
Insurance-$342-$342
Interest$13--$13
Total Functional Expenses$165,045$44,496$1,520$211,061
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$71,876
Fundraising Direct Expenses$34,477
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$71,876$71,876$4,477$67,399
Total Events$71,876$71,876$34,477$37,399
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Return is reviewed by the board of directors.

Form 990, Page 6, Part VI, Line 15A

Compensation for executive director is set by the board.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Nova Arts Foundation Inc
EIN
13-2941045
Address
PO BOX 670, KAILUA, HI 96734

Signing Officer

Name
Laura Brucia Hamm
Title
President
Phone
8083835149
Signed
2020-06-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Brucia Hamm
Voting Board Members
3
Independent Board Members
3
Employees
1

Preparer

Firm
Ims LLC
Address
46-005 KAWA ST STE 308, KANEOHE, HI 96744-3838
Preparer
Brian P Hawkins CPA
Phone
8082470676
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteer time creating costumes and hosting at events

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/TotalLiabilitiesGrp/EOYAmt038125
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-7341
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-19168
IRS990/TotalProgramServiceExpensesAmt0165045
IRS990/TotalProgramServiceRevenueAmt094526
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt094526
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0199234
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt048709
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt018957
IRS990/TravelGrp/ProgramServicesAmt011494
IRS990/TravelGrp/TotalAmt011494
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt023037
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt018654
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 670
IRS990/USAddress/CityNm0KAILUA
IRS990/USAddress/StateAbbreviationCd0HI
IRS990/USAddress/ZIPCd096734
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.IONA360.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LAURA BRUCIA HAMM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08083835149
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NOVA ARTS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NOVA
ReturnHeader/Filer/EIN0132941045
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 670
ReturnHeader/Filer/USAddress/CityNm0KAILUA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0HI
ReturnHeader/Filer/USAddress/ZIPCd096734
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06F7391766ACDE9BFC6CD54257F0372EE3F628DE1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId074CF5AAB58313BCED443DE1C939B58EA44BBC213
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.234.95.147
ReturnHeader/FilingSecurityInformation/IPDt02020-06-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm021:37:26
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273204506
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0IMS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt046-005 KAWA ST STE 308
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANEOHE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0HI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0967443838
ReturnHeader/PreparerPersonGrp/PhoneNum08082470676
ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN P HAWKINS CPA
ReturnHeader/ReturnTs02020-06-15T21:37:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.83$1.51$0.67$1.77$1.82$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.24$1.87$0.63$3.27$3.56$0.29
2022Detailed filing. Detailed filing data is available for this year.$0.80$1.54$0.75$1.88$1.96$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.87$1.54$0.66$1.04$1.42$0.38
2020Detailed filing. Detailed filing data is available for this year.$1.29$1.57$0.28$1.32$1.39$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.19$0.38$0.19$1.99$2.11$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.19$0.38$0.19$1.99$2.11$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.49$0.56$0.07$3.11$2.49$0.62
2017Detailed filing. Detailed filing data is available for this year.$0.04$0.78$0.74$2.59$2.37$0.22
2016Detailed filing. Detailed filing data is available for this year.$0.03$0.97$0.94$2.10$2.24$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.07$0.86$0.79$3.71$3.94$0.23
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.67$0.57$2.24$2.23$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.16$0.78$0.63$2.20$2.02$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.92$0.75$2.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.92$0.70$2.29
2010Summary only. Only limited summary data is available for this year.$0.14$1.08$0.93$2.30$2.43$0.13