Civic Intelligence

East Asian Observatory

990 • Fiscal year 2016 • EIN 47-1952212

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 31, 2017

660 N Aohoku PlaceHilo, HI 96720

(808) 961-3756

Siviq Scores

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

Liabilities / Assets

37th percentile

0.12x

Higher debt load relative to assets than 37% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.09x

Higher debt load relative to revenue than 26% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

96th percentile

72%

Higher net margin than 96% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

99th percentile

886%

Faster asset growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

99th percentile

575%

Faster revenue growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$14,933,148

Up $13,418,986 (+886%) from 2015

Net Assets

Up

$13,147,098

Up $13,852,730 (+1963%) from 2015

Liabilities

Down

$1,786,050

Down $433,744 (-20%) from 2015

Revenue

Up

$19,260,305

Up $16,406,387 (+575%) from 2015

Expenses

Up

$5,407,575

Up $1,848,025 (+52%) from 2015

Net Income

Up

$13,852,730

Up $14,558,362 (+2063%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2014: $1Liabilities 2014: $02014Assets 2015: $1,514,162Liabilities 2015: $2,219,794Net Assets 2015: -$705,6322015Assets 2016: $14,933,148Liabilities 2016: $1,786,050Net Assets 2016: $13,147,0982016Assets 2017: $13,481,413Liabilities 2017: $1,242,553Net Assets 2017: $12,238,8602017Assets 2018: $12,827,191Liabilities 2018: $1,632,837Net Assets 2018: $11,194,3542018Assets 2019: $11,398,900Liabilities 2019: $1,443,149Net Assets 2019: $9,955,7512019Assets 2020: $11,055,829Liabilities 2020: $2,450,068Net Assets 2020: $8,605,7612020Assets 2021: $9,717,186Liabilities 2021: $1,832,225Net Assets 2021: $7,884,9612021Assets 2022: $8,947,701Liabilities 2022: $1,689,458Net Assets 2022: $7,258,2432022Assets 2023: $7,669,653Liabilities 2023: $1,361,546Net Assets 2023: $6,308,1072023Assets 2024: $6,187,161Liabilities 2024: $831,774Net Assets 2024: $5,355,3872024

Highlighted filing

2016

Assets$14,933,148
Liabilities$1,786,050
Net Assets$13,147,098

Operations Trend

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

$20M$10M$0-$10MRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $2,853,918Expenses 2015: $3,559,550Net Income 2015: -$705,6322015Revenue 2016: $19,260,305Expenses 2016: $5,407,575Net Income 2016: $13,852,7302016Revenue 2017: $4,688,450Expenses 2017: $5,596,688Net Income 2017: -$908,2382017Revenue 2018: $4,860,222Expenses 2018: $5,904,728Net Income 2018: -$1,044,5062018Revenue 2019: $4,504,961Expenses 2019: $5,743,564Net Income 2019: -$1,238,6032019Revenue 2020: $4,066,648Expenses 2020: $5,416,638Net Income 2020: -$1,349,9902020Revenue 2021: $4,392,710Expenses 2021: $5,113,510Net Income 2021: -$720,8002021Revenue 2022: $3,475,532Expenses 2022: $4,102,250Net Income 2022: -$626,7182022Revenue 2023: $3,040,924Expenses 2023: $3,991,060Net Income 2023: -$950,1362023Revenue 2024: $3,014,426Expenses 2024: $3,967,146Net Income 2024: -$952,7202024

Highlighted filing

2016

Revenue$19,260,305
Expenses$5,407,575
Net Income$13,852,730
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 31, 2017
Return Version
2016v3.0
Gross Receipts
$19,260,305
Mission and Program Overview

Mission

The east asian observatory (eao) mission is to construct, own, operate,maintain and improve astronomical facilities for the east asian regions, and to engage in all other actions that are necessary conducive and convenient to the attainment of the foregoing purposes.

The east asian observatory (eao) mission is to construct, own, operate maintain and improve astronomical facilities for the east asian regions, and to engage in all other actions that are necessary conducive and convenient to the attainment of the foregoing purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$13,789,018▲ $13,789,018
Rtn Earn Endowment Incm Other Fnds$-705,632$13,147,098▲ $13,852,730
Cash and Non-Interest-Bearing Accounts$854,980$487,548▼ $367,432
Accounts Receivable$94,397$152,407▲ $58,010
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,514,162$14,933,148▲ $13,418,986
Other Assets Total$564,785$504,175▼ $60,610
Liabilities
Deferred Revenue$1,769,200$1,334,191▼ $435,009
Other Liabilities$155,228$425,874▲ $270,646
Accounts Payable and Accrued Expenses$295,366$25,985▼ $269,381
Total Liabilities$2,219,794$1,786,050▼ $433,744
Net Assets / Fund Balance
Total Net Assets Fund Balance$-705,632$13,147,098▲ $13,852,730
Total Liabilities and Net Assets / Fund Balance$1,514,162$14,933,148▲ $13,418,986

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$13,789,018$1,014,557$14,803,575
Compensation and Service Providers

Board Members and Trustees

NameTitle
You-hua ChuDirector, Vice President
Inwoo HanDirector, Vice-president
Masahiko HayashiDirector, Vice-president
Sujian XueVice-president
Jun YanDirector
Paul T P HoDirector-general, Presiden
Winny HsiehSecretary, Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$18,955,995
Program Service Revenue
$304,310
Investment Income
$0
Other Revenue
$0
All Other Contributions
$15,433,166
Change in Net Assets
$13,852,730

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table14$14,695,000Opinions of Experts
Cars and Other Vehicles4$71,628Blue Book Value
Total Noncash Contributions18$14,766,628-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,407,575
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$2,790,530$391,125-$3,181,655
Depreciation Depletion$1,014,557--$1,014,557
Occupancy$382,671$10,851-$393,522
Travel$153,138$7,277-$160,415
Fees for Services Other$121,507$28,238-$149,745
Other Expenses$86,279$6,098-$92,377
Office Expenses$70,344$8,054-$78,398
Information Technology$48,013$8,837-$56,850
Conferences and Meetings$5,206$1,536-$6,742
Fees for Services Legal$5,000$94-$5,094
Fees for Services Accounting-$2,990-$2,990
Payments to Affiliates$1,000--$1,000
Total Functional Expenses$4,939,430$468,145$0$5,407,575
International Activity

International Summary

Offices
1
Employees
0
Spending
$102,793

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeScientific ComputingProgram Services10$102,793
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Other Reported Liabilities

LiabilityAmount
Payroll Liability$388,572
Accrued Expense$37,302
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The director general (dr. Paul ho) and secretary (winney hsieh) are both employees of academia sinica institute of astronomy and astrophysics (asiaa).

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

Eao has a finance and personnel subcommittee that are advisory only with no authority to act on behalf of the organization.

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

Form 990 was completed by the office staff with the organization's accountants. The completed form was reviewed by the director general and secretary of the east asian observatory before being circulated by email to the governing board members. Each member reviews and approve the tax return by email.

Form 990, Part VI, Section C, Line 18

Form 990 is uploaded onto guidestar website.

Form 990, Part VI, Section C, Line 19

The governing documents, whistleblower, and conflict of interest policy are available on the eao website.

Filing and Contact Details

Filer

Filer Name
East Asian Observatory
EIN
47-1952212
Phone
8089613756
Address
660 N AOHOKU PLACE, HILO, HI 96720

Signing Officer

Name
President
Title
President
Phone
8089613756
Signed
2017-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Tp Ho
Formed
2014
Legal Domicile
Hi
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Taketa Iwata Hara & Associates LLC
Address
101 AUPUNI STREET SUITE 139, HILO, HI 96720
Preparer
Brian M Iwata
Phone
8089355404
Raw XML AppendixShowing 400 of 414 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR-GENERAL, PRESIDEN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR, VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR, VICE-PRESIDENT
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02853918
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt013852730
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-705632
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt013147098
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt019260304
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02542210
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt021802514
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0311708
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct01.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt019260304
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02542210
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021802514
IRS990ScheduleA/TotalSupportAmt021802514
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013789018
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01014557
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt014803575
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt037302
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1388572
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013789018
IRS990ScheduleD/TotalLiabilityAmt0425874
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0102793
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0SCIENTIFIC COMPUTING
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt0102793
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0ACCRUAL ACCOUNTING; EXPENDITURES ONLY
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3:
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IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt0102793
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/CarsAndOtherVehiclesGrp/ContributionCnt04
IRS990ScheduleM/CarsAndOtherVehiclesGrp/MethodOfDeterminingRevenuesTxt0BLUE BOOK VALUE
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IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt014
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SCIENTIFIC TELESCOPES & EQUIPMENT
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0OPINIONS OF EXPERTS
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IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt014695000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DIRECTOR GENERAL (DR. PAUL HO) AND SECRETARY (WINNEY HSIEH) ARE BOTH EMPLOYEES OF ACADEMIA SINICA INSTITUTE OF ASTRONOMY AND ASTROPHYSICS (ASIAA).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EAO HAS A FINANCE AND PERSONNEL SUBCOMMITTEE THAT ARE ADVISORY ONLY WITH NO AUTHORITY TO ACT ON BEHALF OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 WAS COMPLETED BY THE OFFICE STAFF WITH THE ORGANIZATION'S ACCOUNTANTS. THE COMPLETED FORM WAS REVIEWED BY THE DIRECTOR GENERAL AND SECRETARY OF THE EAST ASIAN OBSERVATORY BEFORE BEING CIRCULATED BY EMAIL TO THE GOVERNING BOARD MEMBERS. EACH MEMBER REVIEWS AND APPROVE THE TAX RETURN BY EMAIL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS UPLOADED ONTO GUIDESTAR WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, WHISTLEBLOWER, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE ON THE EAO WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04939430
IRS990/TotalFunctionalExpensesGrp/TotalAmt05407575
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt01786050
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IRS990/TotalLiabilitiesGrp/EOYAmt01786050
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-705632
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IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt04939430
IRS990/TotalProgramServiceRevenueAmt0304310
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0304310
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt019260305
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01514162
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt014933148
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt07277
IRS990/TravelGrp/ProgramServicesAmt0153138
IRS990/TravelGrp/TotalAmt0160415
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0660 N AOHOKU PLACE
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IRS990/USAddress/ZIPCd096720
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.EAOBSERVATORY.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08089613756
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EAST ASIAN OBSERVATORY
ReturnHeader/Filer/BusinessNameControlTxt0EAST
ReturnHeader/Filer/EIN0471952212
ReturnHeader/Filer/PhoneNum08089613756
ReturnHeader/Filer/USAddress/AddressLine1Txt0660 N AOHOKU PLACE
ReturnHeader/Filer/USAddress/CityNm0HILO
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.91.146.226
ReturnHeader/FilingSecurityInformation/IPDt02017-10-31
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0HS
ReturnHeader/FilingSecurityInformation/IPTm014:49:56

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