Civic Intelligence

Pacific American Foundation

990 • Fiscal year 2020 • EIN 54-1696134

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 21, 2021

45-285 Kaneohe Bay Drive No 102Kaneohe, HI 96744

(808) 664-3027

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.33x

Higher debt load relative to assets than 72% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.24x

Higher debt load relative to revenue than 64% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

85th percentile

37%

Higher net margin than 85% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

76th percentile

$120,000

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

98th percentile

320%

Faster asset growth than 98% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

86th percentile

47%

Faster revenue growth than 86% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,021,009

Up $1,539,897 (+320%) from 2019

Net Assets

Up

$1,353,428

Up $1,000,300 (+283%) from 2019

Liabilities

Up

$667,581

Up $539,597 (+422%) from 2019

Revenue

Up

$2,730,824

Up $872,249 (+47%) from 2019

Expenses

Down

$1,730,524

Down $210,021 (-11%) from 2019

Net Income

Up

$1,000,300

Up $1,082,270 (+1320%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $149,644Liabilities 2010: $88,126Net Assets 2010: $61,5182010Assets 2011: $320,660Liabilities 2011: $136,744Net Assets 2011: $183,9162011Assets 2012: $320,156Liabilities 2012: $121,617Net Assets 2012: $198,5392012Assets 2013: $709,043Liabilities 2013: $132,200Net Assets 2013: $576,8432013Assets 2014: $678,506Liabilities 2014: $113,673Net Assets 2014: $564,8332014Assets 2015: $357,354Liabilities 2015: $105,502Net Assets 2015: $251,8522015Assets 2016: $612,219Liabilities 2016: $83,731Net Assets 2016: $528,4882016Assets 2017: $396,911Liabilities 2017: $45,270Net Assets 2017: $351,6412017Assets 2018: $524,248Liabilities 2018: $89,150Net Assets 2018: $435,0982018Assets 2019: $481,112Liabilities 2019: $127,984Net Assets 2019: $353,1282019Assets 2020: $2,021,009Liabilities 2020: $667,581Net Assets 2020: $1,353,4282020Assets 2021: $2,150,270Liabilities 2021: $677,586Net Assets 2021: $1,472,6842021Assets 2022: $1,650,358Liabilities 2022: $326,059Net Assets 2022: $1,324,2992022Assets 2023: $1,533,441Liabilities 2023: $431,047Net Assets 2023: $1,102,3942023Assets 2024: $2,241,549Liabilities 2024: $957,604Net Assets 2024: $1,283,9452024

Highlighted filing

2020

Assets$2,021,009
Liabilities$667,581
Net Assets$1,353,428

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $2,981,6412010Expenses 2011: $2,390,3462011Expenses 2012: $1,969,2832012Revenue 2013: $1,475,378Expenses 2013: $1,097,074Net Income 2013: $378,3042013Revenue 2014: $923,572Expenses 2014: $935,582Net Income 2014: -$12,0102014Revenue 2015: $1,779,561Expenses 2015: $2,092,542Net Income 2015: -$312,9812015Revenue 2016: $1,855,770Expenses 2016: $1,579,134Net Income 2016: $276,6362016Revenue 2017: $1,257,527Expenses 2017: $1,434,374Net Income 2017: -$176,8472017Revenue 2018: $1,316,997Expenses 2018: $1,233,540Net Income 2018: $83,4572018Revenue 2019: $1,858,575Expenses 2019: $1,940,545Net Income 2019: -$81,9702019Revenue 2020: $2,730,824Expenses 2020: $1,730,524Net Income 2020: $1,000,3002020Revenue 2021: $2,183,484Expenses 2021: $2,064,228Net Income 2021: $119,2562021Revenue 2022: $3,142,238Expenses 2022: $3,290,623Net Income 2022: -$148,3852022Revenue 2023: $2,779,056Expenses 2023: $3,000,960Net Income 2023: -$221,9042023Revenue 2024: $3,942,631Expenses 2024: $3,755,355Net Income 2024: $187,2762024

Highlighted filing

2020

Revenue$2,730,824
Expenses$1,730,524
Net Income$1,000,300
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 21, 2021
Return Version
2020v4.1
Gross Receipts
$2,730,824
Mission and Program Overview

Mission

The pacific american foundation is dedicated to improving the lives of pacific americans by educating and informing decision makers and leaders at all levels on the vital policy areas for americans who trace their ancestry to the indigenous peoples of the pacific islands. The foundation partners with local communities, support agencies and funding organizations to collaboratively develop and conduct programs that make a difference in the quality of life of these americans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$309,355$1,638,259▲ $1,328,904
Pledges and Grants Receivable$108,522$311,723▲ $203,201
Land, Buildings, and Equipment, Net$27,983$22,685▼ $5,298
Prepaid Expenses and Deferred Charges-$13,090-
Total Assets$481,112$2,021,009▲ $1,539,897
Other Assets Total$35,252$35,252→ $0
Liabilities
Other Liabilities$0$264,108▲ $264,108
Accounts Payable and Accrued Expenses$127,984$253,473▲ $125,489
Unsecured Notes Loans Payable-$150,000-
Total Liabilities$127,984$667,581▲ $539,597
Net Assets / Fund Balance
Net Assets With Donor Restrictions$152,862$1,378,364▲ $1,225,502
Net Assets Without Donor Restrictions$200,266$-24,936▼ $225,202
Total Net Assets Fund Balance$353,128$1,353,428▲ $1,000,300
Total Liabilities and Net Assets / Fund Balance$481,112$2,021,009▲ $1,539,897

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$22,685$97,885$120,570
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Herb Lee JrPresident/CEO, Executive DFT$120,000$120,000

Board Members and Trustees

NameTitle
Michael Beasley EsqBod Chairman
Ethan Scott CooperGeneral Counsel
Revenue and Support

Revenue Composition

Contributions and Grants
$2,701,940
Program Service Revenue
$23,978
Investment Income
$0
Other Revenue
$4,906
All Other Contributions
$1,436,627
Change in Net Assets
$1,000,300

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,730,824
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,730,824
Total Revenue per Form 990
$2,730,824
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,316,891
Other Expenses$413,633
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$698,554$291,598-$990,152
Fees for Services Other$139,574$21-$139,595
Current Officers, Directors, Trustees, and Key Employees$60,000$60,000-$120,000
Payroll Taxes$69,534$33,845-$103,379
Other Employee Benefits$59,640$28,663-$88,303
All Other Expenses$167,451$-135,210-$32,241
Fees for Services Accounting$1,283$22,723-$24,006
Other Expenses$20,534$20,251-$20,534
Office Expenses$15,105$1,031-$16,136
Occupancy-$15,523-$15,523
Pension Plan Contributions$13,017$2,040-$15,057
Fees for Services Legal-$8,578-$8,578
Advertising$7,112--$7,112
Interest$5,642$1,121-$6,763
Insurance-$5,759-$5,759
Depreciation Depletion$5,298--$5,298
Travel$4,158--$4,158
Total Functional Expenses$1,373,274$357,250$0$1,730,524

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,730,524
Total Expenses per Audited Statements$1,730,524
Total Expenses per Form 990$1,730,524
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Current Portion of Long Term Debt$264,108
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

A complete pdf draft of form 990 is sent to organization's governing body and finalized upon approval.

Form 990, Part VI, Section B, Line 12

The organization is in the process of developing policies and procedures to regularly and consistently monitor and enforce the conflict of interest policy currently in place

Form 990, Part VI, Section B, Line 15

The board of directors has a compensation committee who reviews and sets compensation for the ceo and cfo based on comparable pay rates in hawaii.

Form 990, Part VI, Section C, Line 19

Available onsite upon request.

Filing and Contact Details

Filer

Filer Name
Pacific American Foundation
EIN
54-1696134
Phone
8086643027
Address
45-285 KANEOHE BAY DRIVE NO 102, KANEOHE, HI 96744

Signing Officer

Name
Louis F Perez Iii
Title
CFO
Phone
8082630081
Signed
2021-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Herb Lee
Formed
1993
Legal Domicile
Hi
Voting Board Members
3
Independent Board Members
3
Employees
137
Volunteers
200

Preparer

Firm
Clifford Isara CPA LLC
Address
1150 SOUTH KING ST STE 605, HONOLULU, HI 96814
Preparer
Clifford Isara
Phone
8085971337
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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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IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01115161
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt097885
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0120570
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0264108
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CURRENT PORTION OF LONG TERM DEBT
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IRS990ScheduleD/RevenueSubtotalAmt02730824
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IRS990ScheduleD/TotalLiabilityAmt0264108
IRS990ScheduleD/TotalRevenuePerForm990Amt02730824
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02730824
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COMPLETE PDF DRAFT OF FORM 990 IS SENT TO ORGANIZATION'S GOVERNING BODY AND FINALIZED UPON APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS IN THE PROCESS OF DEVELOPING POLICIES AND PROCEDURES TO REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE THE CONFLICT OF INTEREST POLICY CURRENTLY IN PLACE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS HAS A COMPENSATION COMMITTEE WHO REVIEWS AND SETS COMPENSATION FOR THE CEO AND CFO BASED ON COMPARABLE PAY RATES IN HAWAII.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE ONSITE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt02037
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IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0PACIFIC AMERICAN FOUNDATION HAWAII INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1RETURN OF GRANT FUNDS
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IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1R
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
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IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01373274
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0667581
IRS990/TotalLiabilitiesGrp/BOYAmt0127984
IRS990/TotalLiabilitiesGrp/EOYAmt0667581
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0353128
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01353428
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt0265481
IRS990/TotalOtherProgSrvcRevenueAmt028884
IRS990/TotalProgramServiceExpensesAmt01373274
IRS990/TotalProgramServiceRevenueAmt023978
IRS990/TotalReportableCompFromOrgAmt0120000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt028884
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02730824
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0200
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt04158
IRS990/TravelGrp/TotalAmt04158
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0150000
IRS990/UponRequestInd0X
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IRS990/VotingMembersGoverningBodyCnt03
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IRS990/WebsiteAddressTxt0WWW.THEPAF.ORG
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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.$2.24$0.96$1.28$3.94$3.76$0.19
2023Detailed filing. Detailed filing data is available for this year.$1.53$0.43$1.10$2.78$3.00$0.22
2022Detailed filing. Detailed filing data is available for this year.$1.65$0.33$1.32$3.14$3.29$0.15
2021Detailed filing. Detailed filing data is available for this year.$2.15$0.68$1.47$2.18$2.06$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.02$0.67$1.35$2.73$1.73$1.00
2019Detailed filing. Detailed filing data is available for this year.$0.48$0.13$0.35$1.86$1.94$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.52$0.09$0.44$1.32$1.23$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.40$0.05$0.35$1.26$1.43$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.61$0.08$0.53$1.86$1.58$0.28
2015Detailed filing. Detailed filing data is available for this year.$0.36$0.11$0.25$1.78$2.09$0.31
2014Detailed filing. Detailed filing data is available for this year.$0.68$0.11$0.56$0.92$0.94$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.71$0.13$0.58$1.48$1.10$0.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.12$0.20$1.97
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.14$0.18$2.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.09$0.06$2.98
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $1M-$5M nonprofits