Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
60th percentile
Higher debt load relative to revenue than 60% of similar nonprofits.
Net Margin
28th percentile
Higher net margin than 28% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Balance Sheet
Assets
Down$0
Down $10,136 (-100%) from 2015
Net Assets
Down-$550
Down $7,894 (-107%) from 2015
Liabilities
Down$550
Down $2,242 (-80%) from 2015
Revenue And Expenses
Revenue
Down$122,822
Down $16,959 (-12%) from 2015
Expenses
Up$130,716
Up $5,309 (+4.2%) from 2015
Net Income
Down-$7,894
Down $22,268 (-155%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Jun 1, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $122,822
Mission and Program Overview
Mission
(1) to improve the lives and promote the personal excellence of the community, including our youth, families and athletes at all levels, through recreational and amateur ocean paddle sports by conducting and supporting sports activities that increase personal capabilities and promote character development and life-enhancing values; (2) to promote, encourage and give direction to local and national interest in and appreciation for the social, cultural and spiritual aspects of hawaii and increase the self-esteem and cultural indentity of our youth and community through instruction in hawaiian history, culture and values; and (3) to preserve, protect and enhance hawaii's natural resources by educating hawaii's youth and community on the importance of protecting the island's coastal environment and developing learning methods that promote and facilitate a deeper understanding of hawaiian culture and values as they relate to the environment and its protection.
(1) to improve the lives and promote the personal excellence of the community, including our youth, families and athletes at all levels, through recreational and amateur ocean paddle sports by conducting and supporting sports activities that increase personal capabilities and promote character development and life-enhancing values; (2) to promote, encourage and give direction to local and national interest in and appreciation for the social, cultural and spiritual aspects of hawaii and increase the self-esteem and cultural identity of our youth and community through instruction in hawaiian history, culture and values; and (3) to preserve, protect and enhance hawaii's natural resources by educating hawaii's youth and community on the importance of protecting the island's coastal environment and developing learning methods that promote and facilitate a deeper understanding of hawaiian culture and values as they relate to the environment and its protection.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ORGANIZATION SUCCESSFULLY ORGANIZED 12 OCEAN PADDLE RACES IN 2016 ON THE ISLANDS OF OAHU AND MOLOKAI EXCLUSIVELY FOR CHARITABLE, LITERARY AND EDUCATIONAL PURPOSES | - | $116,378 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JAMES K FOTI | Executive Di | - | $0 | - | - |
| DOUGLAS SMITH | President/Di | - | $0 | - | - |
| JON BRYAN | Vice-Pres/Di | - | $0 | - | - |
| JOELLE A FOTI | Treasurer/Di | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Kanaka Ikaika Racing Association
- EIN
- 32-0448321
- Phone
- 8085246677
- Address
- P O BOX 342152, KAILUA, HI 96734
Signing Officer
- Name
- James K Foti
- Title
- Executive Director
- Phone
- 8085246677
- Signed
- 2017-06-01
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Gilbert Leong & Gregory Lee Cpas Inc
- Address
- 841 BISHOP ST STE 2020, HONOLULU, HI 96813-3921
- Preparer
- Gregory H Lee
- Phone
- 8085215051
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising and promotion 170 office 1,124 travel 2,650 insurance 2,202 entertainment & promotion 1,639 registration fees 321 race expenses 35,910 contract services 40,231 prizes and awards 33,255 communications 1,201 computer services 3,119 auto expenses 276 charitable contributions 791 taxes 254 total 123,143”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 2,792 321 bank overdraft 0 229”
Form 990-ez, Part III
“(1) to improve the lives and promote the personal excellence of the community, including our youth, families and athletes at all levels, through recreational and amateur ocean paddle sports by conducting and supporting sports activities that increase personal capabilities and promote character development and life-enhancing values; (2) to promote, encourage and give direction to local and national interest in and appreciation for the social, cultural and spiritual aspects of hawaii and increase the self-esteem and cultural identity of our youth and community through instruction in hawaiian history, culture and values; and (3) to preserve, protect and enhance hawaii's natural resources by educating hawaii's youth and community on the importance of protecting the island's coastal environment and developing learning methods that promote and facilitate a deeper understanding of hawaiian culture and values as they relate to the environment and its protection.”
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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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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 0 |
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| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | (1) TO IMPROVE THE LIVES AND PROMOTE THE PERSONAL EXCELLENCE OF THE COMMUNITY, INCLUDING OUR YOUTH, FAMILIES AND ATHLETES AT ALL LEVELS, THROUGH RECREATIONAL AND AMATEUR OCEAN PADDLE SPORTS BY CONDUCTING AND SUPPORTING SPORTS ACTIVITIES THAT INCREASE PERSONAL CAPABILITIES AND PROMOTE CHARACTER DEVELOPMENT AND LIFE-ENHANCING VALUES; (2) TO PROMOTE, ENCOURAGE AND GIVE DIRECTION TO LOCAL AND NATIONAL INTEREST IN AND APPRECIATION FOR THE SOCIAL, CULTURAL AND SPIRITUAL ASPECTS OF HAWAII AND INCREASE THE SELF-ESTEEM AND CULTURAL IDENTITY OF OUR YOUTH AND COMMUNITY THROUGH INSTRUCTION IN HAWAIIAN HISTORY, CULTURE AND VALUES; AND (3) TO PRESERVE, PROTECT AND ENHANCE HAWAII'S NATURAL RESOURCES BY EDUCATING HAWAII'S YOUTH AND COMMUNITY ON THE IMPORTANCE OF PROTECTING THE ISLAND'S COASTAL ENVIRONMENT AND DEVELOPING LEARNING METHODS THAT PROMOTE AND FACILITATE A DEEPER UNDERSTANDING OF HAWAIIAN CULTURE AND VALUES AS THEY RELATE TO THE ENVIRONMENT AND ITS PROTECTION. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 122822 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ORGANIZATION SUCCESSFULLY ORGANIZED 12 OCEAN PADDLE RACES IN 2016 ON THE ISLANDS OF OAHU AND MOLOKAI EXCLUSIVELY FOR CHARITABLE, LITERARY AND EDUCATIONAL PURPOSES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 116378 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2792 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 550 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 130716 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 116378 |
| IRS990EZ/TotalRevenueAmt | 0 | 122822 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 122822 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 140271 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5085 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 268178 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 122822 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 268178 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 122822 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 140271 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5085 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 268178 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 271900 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3722 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 3722 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING AND PROMOTION 170 OFFICE 1,124 TRAVEL 2,650 INSURANCE 2,202 ENTERTAINMENT & PROMOTION 1,639 REGISTRATION FEES 321 RACE EXPENSES 35,910 CONTRACT SERVICES 40,231 PRIZES AND AWARDS 33,255 COMMUNICATIONS 1,201 COMPUTER SERVICES 3,119 AUTO EXPENSES 276 CHARITABLE CONTRIBUTIONS 791 TAXES 254 TOTAL 123,143 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,792 321 BANK OVERDRAFT 0 229 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | (1) TO IMPROVE THE LIVES AND PROMOTE THE PERSONAL EXCELLENCE OF THE COMMUNITY, INCLUDING OUR YOUTH, FAMILIES AND ATHLETES AT ALL LEVELS, THROUGH RECREATIONAL AND AMATEUR OCEAN PADDLE SPORTS BY CONDUCTING AND SUPPORTING SPORTS ACTIVITIES THAT INCREASE PERSONAL CAPABILITIES AND PROMOTE CHARACTER DEVELOPMENT AND LIFE-ENHANCING VALUES; (2) TO PROMOTE, ENCOURAGE AND GIVE DIRECTION TO LOCAL AND NATIONAL INTEREST IN AND APPRECIATION FOR THE SOCIAL, CULTURAL AND SPIRITUAL ASPECTS OF HAWAII AND INCREASE THE SELF-ESTEEM AND CULTURAL IDENTITY OF OUR YOUTH AND COMMUNITY THROUGH INSTRUCTION IN HAWAIIAN HISTORY, CULTURE AND VALUES; AND (3) TO PRESERVE, PROTECT AND ENHANCE HAWAII'S NATURAL RESOURCES BY EDUCATING HAWAII'S YOUTH AND COMMUNITY ON THE IMPORTANCE OF PROTECTING THE ISLAND'S COASTAL ENVIRONMENT AND DEVELOPING LEARNING METHODS THAT PROMOTE AND FACILITATE A DEEPER UNDERSTANDING OF HAWAIIAN CULTURE AND VALUES AS THEY RELATE TO THE ENVIRONMENT AND ITS PROTECTION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JAMES K FOTI |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8085246677 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-06-01 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | KANAKA IKAIKA RACING ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KANA |
| ReturnHeader/Filer/EIN | 0 | 320448321 |
| ReturnHeader/Filer/PhoneNum | 0 | 8085246677 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | P O BOX 342152 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | KAILUA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | HI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 96734 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 12C879E60986415CCC60CD9DE3F2212CFD7CB57A |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 88E6C52704A0CB4C6310E849D31D7DF419786074 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 990191822 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | GILBERT LEONG & GREGORY LEE CPAS INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 841 BISHOP ST STE 2020 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HONOLULU |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | HI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 968133921 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8085215051 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-06-01 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GREGORY H LEE |
| ReturnHeader/ReturnTs | 0 | 2017-06-14T11:12:20-10:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $0
- Liabilities
- $550
- Net assets
- -$550
- Revenue
- $122,822
- Expenses
- $130,716
- Net income
- -$7,894