Civic Intelligence

Hawaii Surfing Development Foundation

990EZ • Fiscal year 2019 • EIN 47-5286346

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 24, 2020

PO Box 223Haleiwa, HI 96712

(808) 258-8533

Siviq Scores

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

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

84th percentile

0.11x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

91st percentile

47%

Higher net margin than 91% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

95th percentile

179%

Faster asset growth than 95% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Assets

Up

$115,048

Up $73,846 (+179%) from 2018

Net Assets

Up

$108,039

Up $73,846 (+216%) from 2018

Liabilities

Flat

$7,009

Flat from 2018

Revenue

Up

$62,370

Up $191,911 (+148%) from 2018

Expenses

Down

$33,278

Down $109,978 (-77%) from 2018

Net Income

Up

$29,092

Up $301,889 (+111%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2016: $1Liabilities 2016: $02016Assets 2017: $313,999Liabilities 2017: $7,009Net Assets 2017: $306,9902017Assets 2018: $41,202Liabilities 2018: $7,009Net Assets 2018: $34,1932018Assets 2019: $115,048Liabilities 2019: $7,009Net Assets 2019: $108,0392019Assets 2020: $130,281Liabilities 2020: $7,009Net Assets 2020: $123,2722020Assets 2021: $120,660Net Assets 2021: $120,6602021Assets 2022: $55,267Net Assets 2022: $55,2672022Assets 2023: $69,177Net Assets 2023: $69,1772023Assets 2024: $64,547Net Assets 2024: $64,5472024

Highlighted filing

2019

Assets$115,048
Liabilities$7,009
Net Assets$108,039

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $311,626Expenses 2017: $4,636Net Income 2017: $306,9902017Revenue 2018: -$129,541Expenses 2018: $143,256Net Income 2018: -$272,7972018Revenue 2019: $62,370Expenses 2019: $33,278Net Income 2019: $29,0922019Revenue 2020: $29,063Expenses 2020: $13,830Net Income 2020: $15,2332020Expenses 2021: $9,6212021Expenses 2022: $65,3932022Revenue 2023: $22,068Expenses 2023: $8,158Net Income 2023: $13,9102023Revenue 2024: $20,850Expenses 2024: $25,480Net Income 2024: -$4,6302024

Highlighted filing

2019

Revenue$62,370
Expenses$33,278
Net Income$29,092
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 24, 2020
Return Version
2019v5.0
Gross Receipts
$123,518
Mission and Program Overview

Mission

To create opportunities for hawaii youth to explore careers and positive lifestyle choices through hawaii's indigenous sport of surfing. We aim to harness youth interest in the sport of surfing to help foster careers in surfing with a partnership with local schools, businesses, and the world surf league.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION PROVIDES CAREER DEVELOPMENT WORKSHOPS, INDUSTRY MENTORSHIP OPPORTUNITIES, COACH AND SKILLS TRAINING, COMPETITIVE SURFING EVENTS, INTERNSHIPS, AND SCHOLARSHIPS. THE GLOBAL SURF INDUSTRY OFFERS CAREERS IN SPORT, TECHNOLOGY, BROADCAST, CREATIVE, FINANCE, LEGAL, ADMINISTRATION, PRODUCT DEVELOPMENT, MANUFACTURING, WHOLESALE AND RETAIL, AND EVENTS FOR APPROXIMATELY 300-500 STUDENTS/PERSONS ANNUALLY.$21,772$23,610
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JODI WILMOTTPresidentPT$0--
MIKE CHLALADirector-$0--
MAKUAKAI ROTHMANDirector-$0--
KAIPO GUERRERODirector-$0--
JOEL CENTEIODirector-$0--
Filing and Contact Details

Filer

Filer Name
Hawaii Youth Surfing Development
EIN
47-5286346
Phone
8082588533
Address
PO BOX 223, HALEIWA, HI 96712

Signing Officer

Name
Jodi Wilmott
Title
President
Phone
8082588533
Signed
2020-07-24

Preparer

Firm
Wikoff Combs & Co LLC
Address
1001 BISHOP STREET SUITE 2760, HONOLULU, HI 96813-3486
Preparer
Catha Lee Combs
Phone
8087911414
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: various grants under 5,000 each cash contribution: 7,053 name: farrington hs project noncash contribution: 14,719

Form 990-ez, Part I, Line 16

Expenses bank fees 1,043 office supplies 714 insurance 3,272 non-investment depreciation 1,838 total 6,867

Form 990-ez, Part I, Line 20

Duplicate cogs expense reported in prior years 44,754

Form 990-ez, Part II, Line 24

Inventories for sale or use 4,500 0 equipment 9,190 9,190 less accumulated depreciation 613 2,451 total 13,077 6,739

Form 990-ez, Part II, Line 26

DUE TO WSL 7,009 7,009

Form 990-ez, Part III

To create opportunities for hawaii youth to explore careers and positive lifestyle choices through hawaii's indigenous sport of surfing. We aim to harness youth interest in the sport of surfing to help foster careers in surfing with a partnership with local schools, businesses, and the world surf league.

Form 990-ez, Part III, Line 28

The organization provides career development workshops, industry mentorship opportunities, coach and skills training, competitive surfing events, internships, and scholarships. The global surf industry offers careers in sport, technology, broadcast, creative, finance, legal, administration, product development, manufacturing, wholesale and retail, and events for approximately 300-500 students/persons annually.

Raw XML Appendix162 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/ExplanationTxt5TO CREATE OPPORTUNITIES FOR HAWAII YOUTH TO EXPLORE CAREERS AND POSITIVE LIFESTYLE CHOICES THROUGH HAWAII'S INDIGENOUS SPORT OF SURFING. WE AIM TO HARNESS YOUTH INTEREST IN THE SPORT OF SURFING TO HELP FOSTER CAREERS IN SURFING WITH A PARTNERSHIP WITH LOCAL SCHOOLS, BUSINESSES, AND THE WORLD SURF LEAGUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION PROVIDES CAREER DEVELOPMENT WORKSHOPS, INDUSTRY MENTORSHIP OPPORTUNITIES, COACH AND SKILLS TRAINING, COMPETITIVE SURFING EVENTS, INTERNSHIPS, AND SCHOLARSHIPS. THE GLOBAL SURF INDUSTRY OFFERS CAREERS IN SPORT, TECHNOLOGY, BROADCAST, CREATIVE, FINANCE, LEGAL, ADMINISTRATION, PRODUCT DEVELOPMENT, MANUFACTURING, WHOLESALE AND RETAIL, AND EVENTS FOR APPROXIMATELY 300-500 STUDENTS/PERSONS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
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ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JODI WILMOTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08082588533
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HAWAII YOUTH SURFING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ORGANIZATION
ReturnHeader/Filer/BusinessNameControlTxt0HAWA
ReturnHeader/Filer/EIN0475286346
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ReturnHeader/FilingSecurityInformation/IPTm019:13:00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0651203311
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WIKOFF COMBS & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01001 BISHOP STREET SUITE 2760
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HONOLULU
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0HI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0968133486
ReturnHeader/PreparerPersonGrp/PhoneNum08087911414
ReturnHeader/PreparerPersonGrp/PreparationDt02020-07-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CATHA LEE COMBS
ReturnHeader/ReturnTs02020-07-29T19:13:00-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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