Civic Intelligence

Pearl Harbor - Honolulu Branch 46 Fleet Reserve Association

990 • Fiscal year 2014 • EIN 23-7414051

Jan 01, 2014 to Dec 31, 2014 • Filed on Dec 16, 2015

891 Valkenburgh StHonolulu, HI 96818

(808) 422-2121

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

68th percentile

0.05x

Higher debt load relative to assets than 68% of similar nonprofits.

2014 filings • 501(c)19 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

67th percentile

0.08x

Higher debt load relative to revenue than 67% of similar nonprofits.

2014 filings • 501(c)19 • $500k-$1M nonprofits • Source year 2014

Net Margin

73rd percentile

11%

Higher net margin than 73% of similar nonprofits.

2014 filings • 501(c)19 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

96th percentile

$30,793

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2014 filings • 501(c)19 • $500k-$1M nonprofits • Source year 2014

Asset Growth

80th percentile

7.7%

Faster asset growth than 80% of similar nonprofits.

2014 filings • 501(c)19 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

58th percentile

4.7%

Faster revenue growth than 58% of similar nonprofits.

2014 filings • 501(c)19 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$873,027

Up $62,602 (+7.7%) from 2013

Net Assets

Up

$833,492

Up $58,960 (+7.6%) from 2013

Liabilities

Up

$39,535

Up $3,642 (+10%) from 2013

Revenue

Up

$521,420

Up $23,457 (+4.7%) from 2013

Expenses

Up

$462,460

Up $7,993 (+1.8%) from 2013

Net Income

Up

$58,960

Up $15,464 (+36%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2013: $810,425Liabilities 2013: $35,893Net Assets 2013: $774,5322013Assets 2014: $873,027Liabilities 2014: $39,535Net Assets 2014: $833,4922014Assets 2015: $889,445Liabilities 2015: $141,189Net Assets 2015: $748,2562015Assets 2016: $887,656Liabilities 2016: $170,620Net Assets 2016: $717,0362016Assets 2017: $690,034Liabilities 2017: $105,501Net Assets 2017: $584,5332017Assets 2018: $953,289Liabilities 2018: $112,304Net Assets 2018: $840,9852018

Highlighted filing

2014

Assets$873,027
Liabilities$39,535
Net Assets$833,492

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $497,963Expenses 2013: $454,467Net Income 2013: $43,4962013Revenue 2014: $521,420Expenses 2014: $462,460Net Income 2014: $58,9602014Revenue 2015: $383,762Expenses 2015: $468,998Net Income 2015: -$85,2362015Revenue 2016: $402,854Expenses 2016: $434,074Net Income 2016: -$31,2202016Revenue 2017: $415,626Expenses 2017: $590,661Net Income 2017: -$175,0352017Revenue 2018: $687,231Expenses 2018: $538,222Net Income 2018: $149,0092018

Highlighted filing

2014

Revenue$521,420
Expenses$462,460
Net Income$58,960
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Dec 16, 2015
Return Version
2014v5.0
Gross Receipts
$823,106
Mission and Program Overview

Mission

War veterans organziation - representing members of the sea services (usn, usmc, uscg) before congress and various government agencies; promoting americanism and patriotism; sea service programs, youth activities; provide opportunities for membership camaraderie and fraternal activities.

War veterans organization - representing members of the sea services usn, usmc uscg before congress and various government agencies promoting americanism and patriotism sea service programs, youth activities provide opportunities for membership camaraderie and fraternal activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$637,302$613,047▼ $24,255
Cash and Non-Interest-Bearing Accounts$84,481$197,341▲ $112,860
Inventories for Sale or Use$56,037--
Accounts Receivable-$38,602-
Investments Other Securities$10,072$12,744▲ $2,672
Savings and Temporary Cash Investments$22,533$11,293▼ $11,240
Total Assets$810,425$873,027▲ $62,602
Liabilities
Accounts Payable and Accrued Expenses$35,893$39,535▲ $3,642
Total Liabilities$35,893$39,535▲ $3,642
Net Assets / Fund Balance
Unrestricted Net Assets$774,532$833,492▲ $58,960
Total Net Assets Fund Balance$774,532$833,492▲ $58,960
Total Liabilities and Net Assets / Fund Balance$810,425$873,027▲ $62,602

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$577,961$262,719$840,680
Equipment$776$135,250$136,026
Leasehold Improvements$34,310$12,990$47,300
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lauren A WynnCorporate BookkeeperFT$30,793$30,793
Tracy NicolasOffice ManagerFT$11,268$11,268
Cory McIlmoilLounge ManagerFT$10,133$10,133

Board Members and Trustees

NameTitle
Glenn StangJr Past President
Julian WynnPresident
Christopher CalquhounVice President
Ollie TuckerChaplain, Director
Ernest EgginkDirector
Frank HoodDirector
Jeffery Van BlaracumDirector
Lorenzo Lou EllisDirector
Noel W BraggDirector
Sandy GastonDirector
John IppertSecretary
Glen ShawTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Rob R MertensFlag Folding1420 Victoria St 1202, Honolulu, HI 96822$4,982
Revenue and Support

Revenue Composition

Contributions and Grants
$99,576
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$421,844
All Other Contributions
$83,463
Change in Net Assets
$58,960
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Total Fundraising Expense$351,476
Other Expenses$232,437
Salaries, Compensation, and Employee Benefits$222,579
Grants and Similar Amounts Paid$4,750
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,955-$137,246$144,201
Current Officers, Directors, Trustees, and Key Employees$7,698$23,095$21,401$52,194
Occupancy$262-$25,960$26,222
Other Expenses$524$1,346$22,404$25,750
Depreciation Depletion$23,573-$682$24,255
Payroll Taxes$1,723$2,716$18,656$23,095
Office Expenses-$11,671$5,462$17,133
Fees for Services Other--$12,742$12,742
All Other Expenses-$7,004-$7,004
Fees for Services Legal-$6,881-$6,881
Grants to Domestic Individuals$4,400--$4,400
Other Employee Benefits--$3,089$3,089
Conferences and Meetings$2,823--$2,823
Benefits to Members$2,694--$2,694
Fees for Services Accounting-$581-$581
Payments to Affiliates$521--$521
Grants to Domestic Orgs$350--$350
Total Functional Expenses$52,528$56,456$351,476$462,460
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Classes of members the ocrporation has regular members who annually elect both officers and members of the board of directors.

Form 990, Part VI, Section A, Line 7A

Election of members and their rights regular membership is established through completion of a regular membership application, establishing proof of eligibility, and payment of selected dues, no election takes place.

Form 990, Part VI, Section A, Line 7B

Decisions subject to the approval of members most decisions of the board of directors are subject to ratification by the regular members assembled in the following monthly meeting.

Form 990, Part VI, Section A, Line 8A

Documentation by governing body explanation meetings of the board of directors and meetings of the regular members are both documented by written minutes, which then are approved by the respective body at the next meeting.

Form 990, Part VI, Section A, Line 8B

Documentation by committe explanation respective committee meetings are sometimes, but not always, documented by written minutes. The various committees report to the board of directors, or to the meetings of regular members, as appropriate, whose minutes are always written.

Form 990, Part VI, Section A, Line 11A

Organizations process to review form 990 submitted to the officers and members of the board of directors for review at a monthly meeting.

Form 990, Part VI, Section A, Line 19

Governing documents disclosure explanation governing documents, conflict of interest policy, and financial statements are available upon written request.

Filing and Contact Details

Filer

Filer Name
Pearl Harbor - Honolulu Branch 46 Fleet Reserve Association
EIN
23-7414051
Phone
8084222121
Address
891 VALKENBURGH ST, HONOLULU, HI 96818
Doing Business As
Branch 46 Fra

Signing Officer

Name
Glenn Shaw
Title
President
Signed
2015-12-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glenn Shaw
Formed
1975
Legal Domicile
Hi
Voting Board Members
12
Independent Board Members
12
Employees
24

Preparer

Firm
Home Tax Service LLC
Address
6033 HALEOLA ST, HONOLULU, HI 96821
Preparer
Noel Bragg
Phone
8085216664
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

All other achievements fraternal activities, membership activities, attendance at regional and national conventions, membership,newsletter and other communications.

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IRS990/Form990PartVIISectionAGrp/PersonNm12Glen Shaw
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IRS990/MembershipDuesAmt013125
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0WAR VETERANS ORGANIZATION - REPRESENTING MEMBERS OF THE SEA SERVICES USN, USMC USCG BEFORE CONGRESS AND VARIOUS GOVERNMENT AGENCIES PROMOTING AMERICANISM AND PATRIOTISM SEA SERVICE PROGRAMS, YOUTH ACTIVITIES PROVIDE OPPORTUNITIES FOR MEMBERSHIP CAMARADERIE AND FRATERNAL ACTIVITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0774532
IRS990/NetAssetsOrFundBalancesEOYAmt0833492
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0416035
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt05809
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt025960
IRS990/OccupancyGrp/ProgramServicesAmt0262
IRS990/OccupancyGrp/TotalAmt026222
IRS990/OfficeExpensesGrp/FundraisingAmt05462
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011671
IRS990/OfficeExpensesGrp/TotalAmt017133
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03089
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03089
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1NEWS LETTER EXPENSES
IRS990/OtherExpensesGrp/Desc2REPAIRS MAINTENANCE
IRS990/OtherExpensesGrp/Desc3OTHER TAXES
IRS990/OtherExpensesGrp/FundraisingAmt096316
IRS990/OtherExpensesGrp/FundraisingAmt17518
IRS990/OtherExpensesGrp/FundraisingAmt222404
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03162
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11346
IRS990/OtherExpensesGrp/ProgramServicesAmt01005
IRS990/OtherExpensesGrp/ProgramServicesAmt1524
IRS990/OtherExpensesGrp/TotalAmt0100483
IRS990/OtherExpensesGrp/TotalAmt1524
IRS990/OtherExpensesGrp/TotalAmt27518
IRS990/OtherExpensesGrp/TotalAmt325750
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0137246
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06955
IRS990/OtherSalariesAndWagesGrp/TotalAmt0144201
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0521
IRS990/PaymentsToAffiliatesGrp/TotalAmt0521
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt018656
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02716
IRS990/PayrollTaxesGrp/ProgramServicesAmt01723
IRS990/PayrollTaxesGrp/TotalAmt023095
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Glenn Shaw
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgSrvcAccomActy2Grp/Desc0Sea Service Programs. Assisting with the Sailor Of The Year Programs for USN, USCG, and USMCsupport of Navy Family Services Assistance Center.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01200
IRS990/ProgSrvcAccomActy3Grp/Desc0Youth Activities. Support for several youth groups and their programs.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0500
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt05362
IRS990/PYContributionsGrantsAmt075260
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt06917
IRS990/PYInvestmentIncomeAmt06
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0214997
IRS990/PYOtherRevenueAmt0422697
IRS990/PYRevenuesLessExpensesAmt043496
IRS990/PYSalariesCompEmpBnftPaidAmt0227191
IRS990/PYTotalExpensesAmt0454467
IRS990/PYTotalRevenueAmt0497963
IRS990/QuidProQuoContributionsInd0false
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt058960
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt05809
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt022533
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011293
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0577961
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0262719
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0840680
IRS990ScheduleD/EquipmentGrp/BookValueAmt0776
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0135250
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0136026
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt034310
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt012990
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt047300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0613047
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL OTHER ACHIEVEMENTS FRATERNAL ACTIVITIES, MEMBERSHIP ACTIVITIES, ATTENDANCE AT REGIONAL AND NATIONAL CONVENTIONS, MEMBERSHIP,NEWSLETTER AND OTHER COMMUNICATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CLASSES OF MEMBERS THE OCRPORATION HAS REGULAR MEMBERS WHO ANNUALLY ELECT BOTH OFFICERS AND MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ELECTION OF MEMBERS AND THEIR RIGHTS REGULAR MEMBERSHIP IS ESTABLISHED THROUGH COMPLETION OF A REGULAR MEMBERSHIP APPLICATION, ESTABLISHING PROOF OF ELIGIBILITY, AND PAYMENT OF SELECTED DUES, NO ELECTION TAKES PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DECISIONS SUBJECT TO THE APPROVAL OF MEMBERS MOST DECISIONS OF THE BOARD OF DIRECTORS ARE SUBJECT TO RATIFICATION BY THE REGULAR MEMBERS ASSEMBLED IN THE FOLLOWING MONTHLY MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTATION BY GOVERNING BODY EXPLANATION MEETINGS OF THE BOARD OF DIRECTORS AND MEETINGS OF THE REGULAR MEMBERS ARE BOTH DOCUMENTED BY WRITTEN MINUTES, WHICH THEN ARE APPROVED BY THE RESPECTIVE BODY AT THE NEXT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTATION BY COMMITTE EXPLANATION RESPECTIVE COMMITTEE MEETINGS ARE SOMETIMES, BUT NOT ALWAYS, DOCUMENTED BY WRITTEN MINUTES. THE VARIOUS COMMITTEES REPORT TO THE BOARD OF DIRECTORS, OR TO THE MEETINGS OF REGULAR MEMBERS, AS APPROPRIATE, WHOSE MINUTES ARE ALWAYS WRITTEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ORGANIZATIONS PROCESS TO REVIEW FORM 990 SUBMITTED TO THE OFFICERS AND MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW AT A MONTHLY MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS DISCLOSURE EXPLANATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section A, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section A, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section A, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0810425
IRS990/TotalAssetsEOYAmt0873027
IRS990/TotalAssetsGrp/BOYAmt0810425
IRS990/TotalAssetsGrp/EOYAmt0873027
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt099576
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0351476
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt056456

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