Civic Intelligence

Olamau Foundation

990EZ • Fiscal year 2017 • EIN 45-4661275

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 12, 2018

Six Cityplace Drive No 400St Louis, MO 63141

(314) 259-2063

Siviq Scores

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

Liabilities / Assets

84th percentile

0.23x

Higher debt load relative to assets than 84% of similar nonprofits.

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

Liabilities / Revenue

90th percentile

0.33x

Higher debt load relative to revenue than 90% of similar nonprofits.

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

Net Margin

33rd percentile

-3.5%

Higher net margin than 33% 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

44th percentile

-0.0%

Faster asset growth than 44% of similar nonprofits.

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

Revenue Growth

18th percentile

-27%

Faster revenue growth than 18% of similar nonprofits.

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

Assets

Down

$68,376

Down $3 (-0.0%) from 2016

Net Assets

Down

$52,817

Down $1,653 (-3.0%) from 2016

Liabilities

Up

$15,559

Up $1,650 (+12%) from 2016

Revenue

Down

$47,758

Down $17,757 (-27%) from 2016

Expenses

Up

$49,411

Up $45,554 (+1181%) from 2016

Net Income

Down

-$1,653

Down $63,311 (-103%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2012: $843Liabilities 2012: $15,570Net Assets 2012: -$14,7272012Assets 2013: $10,729Liabilities 2013: $22,465Net Assets 2013: -$11,7362013Assets 2014: $7,876Liabilities 2014: $25,611Net Assets 2014: -$17,7352014Assets 2015: $8,622Liabilities 2015: $15,810Net Assets 2015: -$7,1882015Assets 2016: $68,379Liabilities 2016: $13,909Net Assets 2016: $54,4702016Assets 2017: $68,376Liabilities 2017: $15,559Net Assets 2017: $52,8172017Assets 2018: $104,848Liabilities 2018: $65,361Net Assets 2018: $39,4872018Assets 2019: $58,452Liabilities 2019: $92,6072019Assets 2020: $81,311Liabilities 2020: $141,848Net Assets 2020: -$60,5372020Assets 2021: $113,969Liabilities 2021: $74,789Net Assets 2021: $39,1802021Assets 2022: $227,862Liabilities 2022: $79,593Net Assets 2022: $148,2692022Assets 2023: $184,217Liabilities 2023: $83,857Net Assets 2023: $100,3602023Assets 2024: $231,104Liabilities 2024: $49,637Net Assets 2024: $181,4672024

Highlighted filing

2017

Assets$68,376
Liabilities$15,559
Net Assets$52,817

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2012: $135,000Expenses 2012: $149,727Net Income 2012: -$14,7272012Revenue 2013: $226,080Expenses 2013: $223,089Net Income 2013: $2,9912013Revenue 2014: $3,600Expenses 2014: $9,599Net Income 2014: -$5,9992014Revenue 2015: $9,860Expenses 2015: $5,313Net Income 2015: $4,5472015Revenue 2016: $65,515Expenses 2016: $3,857Net Income 2016: $61,6582016Revenue 2017: $47,758Expenses 2017: $49,411Net Income 2017: -$1,6532017Revenue 2018: $269,650Expenses 2018: $231,528Net Income 2018: $38,1222018Revenue 2019: $438,790Expenses 2019: $481,606Net Income 2019: -$42,8162019Revenue 2020: $358,440Expenses 2020: $384,822Net Income 2020: -$26,3822020Revenue 2021: $461,422Expenses 2021: $361,705Net Income 2021: $99,7172021Revenue 2022: $679,232Expenses 2022: $570,143Net Income 2022: $109,0892022Revenue 2023: $590,000Expenses 2023: $637,909Net Income 2023: -$47,9092023Revenue 2024: $490,000Expenses 2024: $408,893Net Income 2024: $81,1072024

Highlighted filing

2017

Revenue$47,758
Expenses$49,411
Net Income-$1,653
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.3
Gross Receipts
$47,758
Mission and Program Overview

Mission

To promote amateur sports by conducting international marathon canoe races in hawaii, and to promote and preserve the heritage of canoe racing in hawaii.

Program Services

DescriptionGrantsExpenses
THE OLAMAU RACE - THE FOUNDATION CONDUCTS THE OLAMAU RACE, AN ULTIMATE UNLIMITED OUTRIGGER CANOE CHALLENGE IN HAWAII (THE "RACE"). THE RACE IS A 90 MILE OPEN OCEAN RACE THAT TAKES PLACE OVER THREE CONSECUTIVE DAYS. COMPARED TO OTHER MARATHON CANOE RACES, THE RACE IS AMONG THE LONGER RACES DESIGNED TO ATTRACT THE TOP COMPETITORS IN CANOE RACING. IN ITS INAUGURAL YEAR, RACE COMPETITORS INCLUDED TEAMS FROM HAWAII, SOUTHERN CALIFORNIA, THE PACIFIC NORTHWEST, TWO INTERNATIONAL TEAMS FROM TAHITI, AS WELL AS TWO TEAMS PUT TOGETHER BY LANCE ARMSTRONG ("TEAM LIVESTRONG"), WHO IN ADDITION TO HIS CYCLING, IS AN AVID CANOE RACER.$0$21,794
EDUCATION AND CULTURAL HERITAGE - THE FOUNDATION ALSO PROMOTES, ENCOURAGES PARTICIPATION IN, AND PROVIDES EDUCATION AND INSTRUCTION IN HAWAIIAN AND POLYNESIAN CULTURE THROUGH CANOEING AND OTHER RELATED ACTIVITIES. FOR EXAMPLE, THE FOUNDATION MAINTAINS AND PERPETUATES AUTHENTIC HAWAIIAN CANOE RACING AND PRESERVATION OF HAWAIIAN CANOES. AT THE AWARDS CEREMONY, THE FOUNDATION INCLUDES EDUCATIONAL MATERIALS AND DISCUSSION OF THE HERITAGE AND CONTRIBUTIONS OF CANOE RACING TO THE HAWAIIAN CULTURE.$0$21,793
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SETH KOPPESPresident-$0--
JESSICA KOPPESTreasurer-$0--
JOHN SWOBODASecretary-$0--
Filing and Contact Details

Filer

Filer Name
Olamau Foundation
EIN
45-4661275
Phone
3142592063
Address
SIX CITYPLACE DRIVE NO 400, ST LOUIS, MO 63141

Signing Officer

Name
Seth Koppes
Title
President
Phone
3142592063
Signed
2018-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Mueller Prost Lc
Address
7733 FORSYTH BLVD SUITE 1200, ST LOUIS, MO 63105
Preparer
Karyn a Nunn
Phone
3148622070
Supplemental Narrative

Additional Explanations

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

Description: merchant account fees. Amount: 650. Description: bank service charges. Amount: 460. Description: administrative. Amount: 1,650. Total to form 990-ez, line 16: 2,760.

Form 990-ez, Part II, Line 24 - Other Assets

Description: inventory. Beg. Of year amount: 7,876. End of year amount: 7,876.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to ocean pursuits. Beg. Of year amount: 13,909. End of year amount: 13,909. Description: accounts payable. Beg. Of year amount: 0. End of year amount: 1,650.

Raw XML Appendix159 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
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt02760
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE AMATEUR SPORTS BY CONDUCTING INTERNATIONAL MARATHON CANOE RACES IN HAWAII, AND TO PROMOTE AND PRESERVE THE HERITAGE OF CANOE RACING IN HAWAII.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE OLAMAU RACE - THE FOUNDATION CONDUCTS THE OLAMAU RACE, AN ULTIMATE UNLIMITED OUTRIGGER CANOE CHALLENGE IN HAWAII (THE "RACE"). THE RACE IS A 90 MILE OPEN OCEAN RACE THAT TAKES PLACE OVER THREE CONSECUTIVE DAYS. COMPARED TO OTHER MARATHON CANOE RACES, THE RACE IS AMONG THE LONGER RACES DESIGNED TO ATTRACT THE TOP COMPETITORS IN CANOE RACING. IN ITS INAUGURAL YEAR, RACE COMPETITORS INCLUDED TEAMS FROM HAWAII, SOUTHERN CALIFORNIA, THE PACIFIC NORTHWEST, TWO INTERNATIONAL TEAMS FROM TAHITI, AS WELL AS TWO TEAMS PUT TOGETHER BY LANCE ARMSTRONG ("TEAM LIVESTRONG"), WHO IN ADDITION TO HIS CYCLING, IS AN AVID CANOE RACER.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1EDUCATION AND CULTURAL HERITAGE - THE FOUNDATION ALSO PROMOTES, ENCOURAGES PARTICIPATION IN, AND PROVIDES EDUCATION AND INSTRUCTION IN HAWAIIAN AND POLYNESIAN CULTURE THROUGH CANOEING AND OTHER RELATED ACTIVITIES. FOR EXAMPLE, THE FOUNDATION MAINTAINS AND PERPETUATES AUTHENTIC HAWAIIAN CANOE RACING AND PRESERVATION OF HAWAIIAN CANOES. AT THE AWARDS CEREMONY, THE FOUNDATION INCLUDES EDUCATIONAL MATERIALS AND DISCUSSION OF THE HERITAGE AND CONTRIBUTIONS OF CANOE RACING TO THE HAWAIIAN CULTURE.
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt013909
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0OCEAN PURSUITS LLC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0ORG. EXPENSES FOR BOAT SAFETY, AWARDS, AND PRINTING PAID BY OCEAN PURSUITS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0SETH KOPPES, PRESIDENT, OWNS MORE THAN 35% INTEREST IN OCEAN PURSUITS, LLC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt013909
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MERCHANT ACCOUNT FEES. AMOUNT: 650. DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 460. DESCRIPTION: ADMINISTRATIVE. AMOUNT: 1,650. TOTAL TO FORM 990-EZ, LINE 16: 2,760.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 7,876. END OF YEAR AMOUNT: 7,876.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DUE TO OCEAN PURSUITS. BEG. OF YEAR AMOUNT: 13,909. END OF YEAR AMOUNT: 13,909. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,650.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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.
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ReturnHeader/BusinessOfficerGrp/PhoneNum03142592063
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OLAMAU FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0OLAM
ReturnHeader/Filer/EIN0454661275
ReturnHeader/Filer/PhoneNum03142592063
ReturnHeader/Filer/USAddress/AddressLine1Txt0SIX CITYPLACE DRIVE NO 400
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ReturnHeader/FilingSecurityInformation/IPTm013:43:37
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ReturnHeader/PreparerPersonGrp/PhoneNum03148622070
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KARYN A NUNN
ReturnHeader/ReturnTs02018-11-15T15:26:07-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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.$2.31$0.50$1.81$4.90$4.09$0.81
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.84$0.84$1.00$5.90$6.38$0.48
2022Detailed filing. Detailed filing data is available for this year.$2.28$0.80$1.48$6.79$5.70$1.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.75$0.39$4.61$3.62$1.00
2020Detailed filing. Detailed filing data is available for this year.$0.81$1.42$0.61$3.58$3.85$0.26
2019Summary only. Only limited summary data is available for this year.$0.58$0.93$4.39$4.82$0.43
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.65$0.39$2.70$2.32$0.38
2017Detailed filing. Detailed filing data is available for this year.$0.68$0.16$0.53$0.48$0.49$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.14$0.54$0.66$0.04$0.62
2015Detailed filing. Detailed filing data is available for this year.$0.09$0.16$0.07$0.10$0.05$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.26$0.18$0.04$0.10$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.11$0.22$0.12$2.26$2.23$0.03
2012Summary only. Only limited summary data is available for this year.$0.01$0.16$0.15$1.35$1.50$0.15