Civic Intelligence

The Wcit Foundation

990EZ • Fiscal year 2017 • EIN 26-1562635

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 25, 2018

725 Kapiolani Blvd No C421Honolulu, HI 96813

(808) 592-2345

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

94th percentile

61%

Higher net margin than 94% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

81st percentile

39%

Faster asset growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

96th percentile

179%

Faster revenue growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$53,238

Up $15,022 (+39%) from 2016

Net Assets

Up

$53,238

Up $15,022 (+39%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$24,715

Up $15,844 (+179%) from 2016

Expenses

Up

$9,693

Up $2,857 (+42%) from 2016

Net Income

Up

$15,022

Up $12,987 (+638%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2013: $26,375Liabilities 2013: $0Net Assets 2013: $26,3752013Assets 2014: $37,492Liabilities 2014: $10Net Assets 2014: $37,4822014Assets 2015: $36,191Liabilities 2015: $10Net Assets 2015: $36,1812015Assets 2016: $38,216Liabilities 2016: $0Net Assets 2016: $38,2162016Assets 2017: $53,238Liabilities 2017: $0Net Assets 2017: $53,2382017Assets 2018: $66,130Liabilities 2018: $0Net Assets 2018: $66,1302018Assets 2019: $84,869Liabilities 2019: $0Net Assets 2019: $84,8692019Assets 2021: $92,975Liabilities 2021: $0Net Assets 2021: $92,9752021Assets 2022: $106,705Liabilities 2022: $0Net Assets 2022: $106,7052022Assets 2023: $125,402Liabilities 2023: $0Net Assets 2023: $125,4022023Assets 2024: $153,381Liabilities 2024: $0Net Assets 2024: $153,3812024

Highlighted filing

2017

Assets$53,238
Liabilities$0
Net Assets$53,238

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2013: $8,646Expenses 2013: $5,976Net Income 2013: $2,6702013Revenue 2014: $34,153Expenses 2014: $23,046Net Income 2014: $11,1072014Revenue 2015: $11,237Expenses 2015: $12,538Net Income 2015: -$1,3012015Revenue 2016: $8,871Expenses 2016: $6,836Net Income 2016: $2,0352016Revenue 2017: $24,715Expenses 2017: $9,693Net Income 2017: $15,0222017Revenue 2018: $20,989Expenses 2018: $8,097Net Income 2018: $12,8922018Revenue 2019: $24,130Expenses 2019: $5,391Net Income 2019: $18,7392019Revenue 2021: $21,986Expenses 2021: $22,924Net Income 2021: -$9382021Revenue 2022: $28,435Expenses 2022: $14,705Net Income 2022: $13,7302022Revenue 2023: $22,489Expenses 2023: $3,792Net Income 2023: $18,6972023Revenue 2024: $41,533Expenses 2024: $13,554Net Income 2024: $27,9792024

Highlighted filing

2017

Revenue$24,715
Expenses$9,693
Net Income$15,022
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 25, 2018
Return Version
2017v2.3
Gross Receipts
$58,116
Mission and Program Overview

Mission

This Corporation is organized exclusively for Charitable and Educational purposes within the meaning of Section 501(c)(3) to the Internal Revenue code.

This corporation is organized exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION HELD ITS ANNUAL GOLF TOURNAMENT TO RAISE FUNDS FOR SCHOLARSHIPS. THE ORGANIZATION GRANTED $4,000 OF SCHOLARSHIPS IN 2017.$4,000$9,693
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT IOPADirector-$0--
LARRY CUNHA JRDirector-$0--
DANIEL KANEKUNIDirector-$0--
MARK HIGADirector-$0--
ADAM C WONGDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$57,940$56,240$22,906$33,334
Total Events$57,940$56,240$33,401$22,839
Filing and Contact Details

Filer

Filer Name
The Wcit Foundation
EIN
26-1562635
Phone
8085922345
Address
725 KAPIOLANI BLVD NO C421, HONOLULU, HI 96813

Signing Officer

Name
Daniel Kanekuni
Title
Director
Phone
8085922345
Signed
2018-10-25
Discuss with paid preparer
Yes

Preparer

Firm
Cw Associates Cpas
Address
700 BISHOP STREET SUITE 1040, HONOLULU, HI 96813
Preparer
Mark a Hayes
Phone
8085311040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 176. Returns and allowances: 0. Less cost of goods sold: 0. Gross profit: 176.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: other expenses . Amount: 807. Description: general excise tax. Amount: 2,563. Total to form 990-ez, line 16: 3,370.

Raw XML Appendix175 raw XML fields

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

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE WCIT FOUNDATION
IRS990EZ/BooksInCareOfDetail/PhoneNum08085922345
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0725 KAPIOLANI BLVD STE C421
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HONOLULU
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0HI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd096813
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt038216
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IRS990EZ/FiledScheduleAInd01
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IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERT IOPA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LARRY CUNHA JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DANIEL KANEKUNI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARK HIGA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ADAM C WONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt03370
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THIS CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990EZ/PrintingPublicationsPostageAmt020
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION HELD ITS ANNUAL GOLF TOURNAMENT TO RAISE FUNDS FOR SCHOLARSHIPS. THE ORGANIZATION GRANTED $4,000 OF SCHOLARSHIPS IN 2017.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt09693
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt033401
IRS990EZ/SpecialEventsNetIncomeLossAmt022839
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt09693
IRS990EZ/TotalRevenueAmt024715
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0NONE
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02530
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt021645
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt039015
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt067170
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0181632
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt067170
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01700
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt039015
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02280
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt067170
IRS990ScheduleA/TotalSupportAmt067170
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt01700
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt01700
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt033401
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt03457
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt03457
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt057940
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt057940
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt056240
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt056240
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt022839
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt07038
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt07038
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt022906
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt022906
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 176. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 0. GROSS PROFIT: 176.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OTHER EXPENSES . AMOUNT: 807. DESCRIPTION: GENERAL EXCISE TAX. AMOUNT: 2,563. TOTAL TO FORM 990-EZ, LINE 16: 3,370.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL KANEKUNI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08085922345
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE WCIT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WCIT
ReturnHeader/Filer/EIN0261562635
ReturnHeader/Filer/PhoneNum08085922345
ReturnHeader/Filer/USAddress/AddressLine1Txt0725 KAPIOLANI BLVD NO C421
ReturnHeader/Filer/USAddress/CityNm0HONOLULU
ReturnHeader/Filer/USAddress/StateAbbreviationCd0HI
ReturnHeader/Filer/USAddress/ZIPCd096813
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0535355867E90EBBC9182D3BA76B7318438B7D6AB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08D92E0E32F0F68EAB3C263F412F05256DD16F99C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0199.204.177.210
ReturnHeader/FilingSecurityInformation/IPDt02018-10-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0HS
ReturnHeader/FilingSecurityInformation/IPTm012:10:48
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261659234
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CW ASSOCIATES CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0700 BISHOP STREET SUITE 1040
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HONOLULU
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0HI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd096813
ReturnHeader/PreparerPersonGrp/PhoneNum08085311040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK A HAYES
ReturnHeader/ReturnTs02018-10-25T22:07:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings