Civic Intelligence

Planets Telescope Foundation

990EZ • Fiscal year 2021 • EIN 47-4027864

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 31, 2022

2540 Kekaulike AveKula, HI 96790

(808) 264-0388

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

91st percentile

64%

Higher net margin than 91% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

70th percentile

26%

Faster asset growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

96th percentile

407%

Faster revenue growth than 96% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$203,546

Up $41,512 (+26%) from 2020

Net Assets

Up

$203,546

Up $41,512 (+26%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$64,496

Up $51,781 (+407%) from 2020

Expenses

Down

$22,983

Down $29,617 (-56%) from 2020

Net Income

Up

$41,513

Up $81,398 (+204%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2018: $99,229Liabilities 2018: $0Net Assets 2018: $99,2292018Assets 2019: $201,920Liabilities 2019: $0Net Assets 2019: $201,9202019Assets 2020: $162,034Liabilities 2020: $0Net Assets 2020: $162,0342020Assets 2021: $203,546Liabilities 2021: $0Net Assets 2021: $203,5462021Assets 2022: $332,517Liabilities 2022: $0Net Assets 2022: $332,5172022Assets 2023: $417,125Liabilities 2023: $0Net Assets 2023: $417,1252023Assets 2024: $349,022Net Assets 2024: $349,0222024

Highlighted filing

2021

Assets$203,546
Liabilities$0
Net Assets$203,546

Operations Trend

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

$200K$100K$0-$100KRevenue 2018: $161,255Expenses 2018: $67,874Net Income 2018: $93,3812018Revenue 2019: $150,434Expenses 2019: $47,742Net Income 2019: $102,6922019Revenue 2020: $12,715Expenses 2020: $52,600Net Income 2020: -$39,8852020Revenue 2021: $64,496Expenses 2021: $22,983Net Income 2021: $41,5132021Revenue 2022: $134,980Expenses 2022: $6,011Net Income 2022: $128,9692022Revenue 2023: $123,607Expenses 2023: $38,998Net Income 2023: $84,6092023Expenses 2024: $68,1032024

Highlighted filing

2021

Revenue$64,496
Expenses$22,983
Net Income$41,513
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 31, 2022
Return Version
2021v4.0
Gross Receipts
$64,496
Mission and Program Overview

Mission

The planets foundation's purpose is to advance the knowledge and understanding of exoplanets and solar-planetary bodies in the universe. We accomplish this by conducting research, developing software algorithms and creating new scientific tools and instruments to study these celestial bodies. In addition to our research efforts, we have developed an education and outreach program designed for children, students and general public. This creates an environment where young generation gets excited to pursue careers in science, technology, engineering and math (stem).

Program Services

DescriptionGrantsExpenses
RESEARCH -THE PLANETS FOUNDATION CONDUCTS RESEARCH ON KEY TECHNOLOGIES FOR DESIGNING AND IMPROVING ASTROPHYSICAL TELESCOPES AND REMOTE SENSING INSTRUMENTS. THE PLANETS FOUNDATION ALSO DEVELOPS OBSERVATIONS AND DETAILED MODELS OF EXO-ATMOSPHERE AND EXOPLANET SYSTEMS BY USING TECHNIQUES LIKE POLARIMETRY, SPECTROSCOPY AND SPECTROPOLARIMETRY. RESULTS OF THESE RESEARCH AND DEVELOPMENT ACTIVITIES ARE PUBLISHED IN PEER-REVIEWED SCIENTIFIC JOURNALS, LIKE ASTRONOMY AND ASTROPHYSICS, THE ASTROPHYSICAL JOURNAL, ETC. THESE JOURNALS ARE THE FOREMOST RESEARCH JOURNALS IN THE WORLD DEVOTED TO RECENT DEVELOPMENTS, DISCOVERIES, AND THEORIES IN ASTRONOMY AND ASTROPHYSICS. ALSO, THE SCIENTIFIC RESULTS ARE WIDELY DISSEMINATED TO THE PUBLIC VIA PRESS- RELEASES, FOUNDATION WEBSITE, GOOGLE HANGOUTS, AND PUBLIC TALKS.-$20,324
OUTREACH/EDUCATION - ASTRONOMY YOUTUBE LIVE EVENTS ON THE BI-WEEKLY BASIS, THE PLANETS FOUNDATION HOSTS AN ONLINE LIVE EVENT WHERE WE INTERACT WITH THE PUBLIC AND DISCUSS A VARIETY OF ASTRONOMY AND EXOPLANETARY TOPICS. THE PURPOSE OF THESE INTERACTIVE DISCUSSIONS IS TO ENGAGE THE PUBLIC AND SHARE OUR NEW RESEARCH AND RECENT DISCOVERIES IN THE FIELD OF EXOPLANETARY SCIENCE. OUR COMMUNITY IS ABLE TO DIRECTLY ASK QUESTIONS TO THE SCIENTISTS VIA OUR YOUTUBE LIVE EVENT PAGE AND THROUGH SOCIAL MEDIA PLATFORMS LIKE TWITTER AND FACEBOOK. QUITE OFTEN, NEW SCIENTIFIC DISCOVERIES ARE DIFFICULT FOR THE GENERAL PUBLIC TO UNDERSTAND. WE TAILOR THESE PANELS TO BE INTERESTING AND EASY FOR THE AVERAGE PERSON INTERESTED IN SPACE AND ASTRONOMY. IN-PERSON ASTRONOMY PRESENTATIONS THE PLANETS FOUNDATION GIVES ASTRONOMY PRESENTATIONS TO A WIDE RANGE OF AUDIENCES INTERESTED IN ASTRONOMY AND SPACE INFORMATION. THESE AUDIENCES RANGE FROM HAWAII AMATEUR ASTRONOMY GROUPS, SCHOOL CHILDREN, AND SPACE ENTHUSIAST ADULTS. TO ORGANIZE THESE PRESENTATIONS, WE COLLABORATE WITH ORGANIZATIONS SUCH AS THE INSTITUTE FOR ASTRONOMY AND THE MAUI PUBLIC SCHOOL SYSTEM. DEPENDING ON THE VENUE, THESE PRESENTATIONS ARE 1-HOUR IN LENGTH. DURING THESE PRESENTATIONS WE DISCUSS OUR NEW RESEARCH FINDINGS AND TECHNIQUES AS WELL AS EXPLAIN HOW WE USE OUR SCIENCE INSTRUMENTS TO CARRY OUT OUR RESEARCH. AFTER EACH PRESENTATION, WE DEDICATE AS MUCH TIME AS NECESSARY FOR THE AUDIENCE TO ASK QUESTIONS TO THE PRESENTER. ON AVERAGE ABOUT EACH VIDEO GETS 2,800 VIEWS. THE PLANETS FOUNDATION COLLABORATES WITH ASTRONOMY TEACHERS AND PROFESSORS TO PRODUCE AND HOST EDUCATIONAL ASTRONOMY CONTENT GEARED TOWARDS STUDENTS IN GRADES 6TH - 8TH. OUR COLLABORATORS CREATE DIGITAL ASTRONOMY CONTENT, UPLOAD CONTENT TO A CENTRAL ONLINE REPOSITORY THAT CAN BE ACCESSED ANYWHERE VIA THE WEB, AND ADVISE ON DEVELOPING NEW PROGRAMS THAT ARE ENGAGING FOR STUDENTS.-$616
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TAKESHI SAKANOIPresidentPT$0--
SVETLANA BERDYUGINATreasurerPT$0--
MARCELO EMILIOSecretary/VPPT$0--
Filing and Contact Details

Filer

Filer Name
Planets Foundation
EIN
47-4027864
Address
2540 KEKAULIKE AVE, KULA, HI 96790

Signing Officer

Name
Takeshi Sakanoi
Title
President
Signed
2022-10-31
Discuss with paid preparer
Yes

Preparer

Firm
Barbara J Querry LLC
Address
411 HUKU LII PL STE 202, KIHEI, HI 96753
Preparer
Barbara J Querry CPA
Phone
8088568137
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses web fees and marketing 275 office expense 994 bank fees 84 licenses and fees 9 shipping 171 design fee 540 miscellaneous 13 total 2,086

Form 990-ez, Part II, Line 24

Inventories for sale or use 6,794 6,794 telescope constr. In progress 36,318 90,409 total 43,112 97,203

Form 990-ez, Part III

The planets foundation's purpose is to advance the knowledge and understanding of exoplanets and solar-planetary bodies in the universe. We accomplish this by conducting research, developing software algorithms and creating new scientific tools and instruments to study these celestial bodies. In addition to our research efforts, we have developed an education and outreach program designed for children, students and general public. This creates an environment where young generation gets excited to pursue careers in science, technology, engineering and math (stem).

Form 990-ez, Part III, Line 28

Research -the planets foundation conducts research on key technologies for designing and improving astrophysical telescopes and remote sensing instruments. The planets foundation also develops observations and detailed models of exo-atmosphere and exoplanet systems by using techniques like polarimetry, spectroscopy and spectropolarimetry. Results of these research and development activities are published in peer-reviewed scientific journals, like astronomy and astrophysics, the astrophysical journal, etc. These journals are the foremost research journals in the world devoted to recent developments, discoveries, and theories in astronomy and astrophysics. Also, the scientific results are widely disseminated to the public via press- releases, foundation website, google hangouts, and public talks.

Form 990-ez, Part III, Line 29

Outreach/education - astronomy youtube live events on the bi-weekly basis, the planets foundation hosts an online live event where we interact with the public and discuss a variety of astronomy and exoplanetary topics. The purpose of these interactive discussions is to engage the public and share our new research and recent discoveries in the field of exoplanetary science. Our community is able to directly ask questions to the scientists via our youtube live event page and through social media platforms like twitter and facebook. Quite often, new scientific discoveries are difficult for the general public to understand. We tailor these panels to be interesting and easy for the average person interested in space and astronomy. In-person astronomy presentations the planets foundation gives astronomy presentations to a wide range of audiences interested in astronomy and space information. These audiences range from hawaii amateur astronomy groups, school children, and space enthusiast adults. To organize these presentations, we collaborate with organizations such as the institute for astronomy and the maui public school system. Depending on the venue, these presentations are 1-hour in length. During these presentations we discuss our new research findings and techniques as well as explain how we use our science instruments to carry out our research. After each presentation, we dedicate as much time as necessary for the audience to ask questions to the presenter. On average about each video gets 2,800 views. The planets foundation collaborates with astronomy teachers and professors to produce and host educational astronomy content geared towards students in grades 6th - 8th. Our collaborators create digital astronomy content, upload content to a central online repository that can be accessed anywhere via the web, and advise on developing new programs that are engaging for students.

Raw XML Appendix145 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES WEB FEES AND MARKETING 275 OFFICE EXPENSE 994 BANK FEES 84 LICENSES AND FEES 9 SHIPPING 171 DESIGN FEE 540 MISCELLANEOUS 13 TOTAL 2,086
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INVENTORIES FOR SALE OR USE 6,794 6,794 TELESCOPE CONSTR. IN PROGRESS 36,318 90,409 TOTAL 43,112 97,203
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PLANETS FOUNDATION'S PURPOSE IS TO ADVANCE THE KNOWLEDGE AND UNDERSTANDING OF EXOPLANETS AND SOLAR-PLANETARY BODIES IN THE UNIVERSE. WE ACCOMPLISH THIS BY CONDUCTING RESEARCH, DEVELOPING SOFTWARE ALGORITHMS AND CREATING NEW SCIENTIFIC TOOLS AND INSTRUMENTS TO STUDY THESE CELESTIAL BODIES. IN ADDITION TO OUR RESEARCH EFFORTS, WE HAVE DEVELOPED AN EDUCATION AND OUTREACH PROGRAM DESIGNED FOR CHILDREN, STUDENTS AND GENERAL PUBLIC. THIS CREATES AN ENVIRONMENT WHERE YOUNG GENERATION GETS EXCITED TO PURSUE CAREERS IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RESEARCH -THE PLANETS FOUNDATION CONDUCTS RESEARCH ON KEY TECHNOLOGIES FOR DESIGNING AND IMPROVING ASTROPHYSICAL TELESCOPES AND REMOTE SENSING INSTRUMENTS. THE PLANETS FOUNDATION ALSO DEVELOPS OBSERVATIONS AND DETAILED MODELS OF EXO-ATMOSPHERE AND EXOPLANET SYSTEMS BY USING TECHNIQUES LIKE POLARIMETRY, SPECTROSCOPY AND SPECTROPOLARIMETRY. RESULTS OF THESE RESEARCH AND DEVELOPMENT ACTIVITIES ARE PUBLISHED IN PEER-REVIEWED SCIENTIFIC JOURNALS, LIKE ASTRONOMY AND ASTROPHYSICS, THE ASTROPHYSICAL JOURNAL, ETC. THESE JOURNALS ARE THE FOREMOST RESEARCH JOURNALS IN THE WORLD DEVOTED TO RECENT DEVELOPMENTS, DISCOVERIES, AND THEORIES IN ASTRONOMY AND ASTROPHYSICS. ALSO, THE SCIENTIFIC RESULTS ARE WIDELY DISSEMINATED TO THE PUBLIC VIA PRESS- RELEASES, FOUNDATION WEBSITE, GOOGLE HANGOUTS, AND PUBLIC TALKS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OUTREACH/EDUCATION - ASTRONOMY YOUTUBE LIVE EVENTS ON THE BI-WEEKLY BASIS, THE PLANETS FOUNDATION HOSTS AN ONLINE LIVE EVENT WHERE WE INTERACT WITH THE PUBLIC AND DISCUSS A VARIETY OF ASTRONOMY AND EXOPLANETARY TOPICS. THE PURPOSE OF THESE INTERACTIVE DISCUSSIONS IS TO ENGAGE THE PUBLIC AND SHARE OUR NEW RESEARCH AND RECENT DISCOVERIES IN THE FIELD OF EXOPLANETARY SCIENCE. OUR COMMUNITY IS ABLE TO DIRECTLY ASK QUESTIONS TO THE SCIENTISTS VIA OUR YOUTUBE LIVE EVENT PAGE AND THROUGH SOCIAL MEDIA PLATFORMS LIKE TWITTER AND FACEBOOK. QUITE OFTEN, NEW SCIENTIFIC DISCOVERIES ARE DIFFICULT FOR THE GENERAL PUBLIC TO UNDERSTAND. WE TAILOR THESE PANELS TO BE INTERESTING AND EASY FOR THE AVERAGE PERSON INTERESTED IN SPACE AND ASTRONOMY. IN-PERSON ASTRONOMY PRESENTATIONS THE PLANETS FOUNDATION GIVES ASTRONOMY PRESENTATIONS TO A WIDE RANGE OF AUDIENCES INTERESTED IN ASTRONOMY AND SPACE INFORMATION. THESE AUDIENCES RANGE FROM HAWAII AMATEUR ASTRONOMY GROUPS, SCHOOL CHILDREN, AND SPACE ENTHUSIAST ADULTS. TO ORGANIZE THESE PRESENTATIONS, WE COLLABORATE WITH ORGANIZATIONS SUCH AS THE INSTITUTE FOR ASTRONOMY AND THE MAUI PUBLIC SCHOOL SYSTEM. DEPENDING ON THE VENUE, THESE PRESENTATIONS ARE 1-HOUR IN LENGTH. DURING THESE PRESENTATIONS WE DISCUSS OUR NEW RESEARCH FINDINGS AND TECHNIQUES AS WELL AS EXPLAIN HOW WE USE OUR SCIENCE INSTRUMENTS TO CARRY OUT OUR RESEARCH. AFTER EACH PRESENTATION, WE DEDICATE AS MUCH TIME AS NECESSARY FOR THE AUDIENCE TO ASK QUESTIONS TO THE PRESENTER. ON AVERAGE ABOUT EACH VIDEO GETS 2,800 VIEWS. THE PLANETS FOUNDATION COLLABORATES WITH ASTRONOMY TEACHERS AND PROFESSORS TO PRODUCE AND HOST EDUCATIONAL ASTRONOMY CONTENT GEARED TOWARDS STUDENTS IN GRADES 6TH - 8TH. OUR COLLABORATORS CREATE DIGITAL ASTRONOMY CONTENT, UPLOAD CONTENT TO A CENTRAL ONLINE REPOSITORY THAT CAN BE ACCESSED ANYWHERE VIA THE WEB, AND ADVISE ON DEVELOPING NEW PROGRAMS THAT ARE ENGAGING FOR STUDENTS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 29
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PLANETS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PLAN
ReturnHeader/Filer/EIN0474027864
ReturnHeader/Filer/USAddress/AddressLine1Txt02540 KEKAULIKE AVE
ReturnHeader/Filer/USAddress/CityNm0KULA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0HI
ReturnHeader/Filer/USAddress/ZIPCd096790
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273889165
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARBARA J QUERRY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0411 HUKU LII PL STE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KIHEI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0HI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd096753
ReturnHeader/PreparerPersonGrp/PhoneNum08088568137
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARBARA J QUERRY CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-14T13:57:36-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TAKESHI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SAKANOI
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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