Civic Intelligence

Hawaii-Niigata Inc

990EZ • Fiscal year 2020 • EIN 61-1686014

Jan 01, 2020 to Dec 31, 2020 • Filed on Jan 01, 2022

98-836 Leialii StreetAiea, HI 96701-2750

(808) 295-8659

Siviq Scores

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

Liabilities / Assets

91st percentile

0.75x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

19.51x

Higher debt load relative to revenue than 99% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

6th percentile

-147%

Higher net margin than 6% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

33rd percentile

-5.4%

Faster asset growth than 33% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

5th percentile

-89%

Faster revenue growth than 5% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$13,066

Down $744 (-5.4%) from 2019

Net Assets

Down

$3,212

Down $744 (-19%) from 2019

Liabilities

Flat

$9,854

Flat from 2019

Revenue

Down

$505

Down $4,239 (-89%) from 2019

Expenses

Down

$1,249

Down $4,165 (-77%) from 2019

Net Income

Down

-$744

Down $74 (-11%) from 2019

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2013: $20,397Liabilities 2013: $10,400Net Assets 2013: $9,9972013Assets 2014: $9,305Net Assets 2014: $9,3052014Assets 2015: $20,420Liabilities 2015: $13,000Net Assets 2015: $7,4202015Assets 2016: $17,095Liabilities 2016: $675Net Assets 2016: $16,4202016Assets 2017: $27,482Liabilities 2017: $13,050Net Assets 2017: $14,4322017Assets 2018: $17,676Liabilities 2018: $13,050Net Assets 2018: $4,6262018Assets 2019: $13,810Liabilities 2019: $9,854Net Assets 2019: $3,9562019Assets 2020: $13,066Liabilities 2020: $9,854Net Assets 2020: $3,2122020

Highlighted filing

2020

Assets$13,066
Liabilities$9,854
Net Assets$3,212

Operations Trend

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

$100K$50K$0-$50KRevenue 2013: $8,000Expenses 2013: $3,295Net Income 2013: $4,7052013Revenue 2014: $1,662Expenses 2014: $2,353Net Income 2014: -$6912014Revenue 2015: -$406Expenses 2015: $1,479Net Income 2015: -$1,8852015Revenue 2016: $25,807Expenses 2016: $54,427Net Income 2016: -$28,6202016Revenue 2017: $7,563Expenses 2017: $9,551Net Income 2017: -$1,9882017Revenue 2018: $2,236Expenses 2018: $12,042Net Income 2018: -$9,8062018Revenue 2019: $4,744Expenses 2019: $5,414Net Income 2019: -$6702019Revenue 2020: $505Expenses 2020: $1,249Net Income 2020: -$7442020

Highlighted filing

2020

Revenue$505
Expenses$1,249
Net Income-$744
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jan 1, 2022
Return Version
2020v4.1
Gross Receipts
$505
Mission and Program Overview

Mission

See Schedule O - Lines 28 and 31

Program Services

DescriptionGrantsExpenses
To establish a formal relationship to strengthen tiesbetween Niigita Prefecture and the State of Hawaii.$0$0
Form 990-EZ, Part III, Refer to Line 28 - Primary Exempt PurposeTo establish a formal relationship to strengthen ties between Niigata Prefecture and the State of Hawaii. The organization is formed to to educate the public on subjects useful to the individual and beneficial to the community and to promote culture. Our organization has designed and developed one program in furtherance of our purpose.Our program is entitled Hawaii-Niigita, Inc. We further our purposes under this program by fostering positive international relations between the Prefecture of Niigata, Japan and the State of Hawaii, USA through youth baseball and other cultural activities.The program will conduct youth goodwill basball games between Niigita and Hawaii on an annual basis with the location of the games alternating each year between Niigita and Hawaii. Baseball clinics will be conducted locally and abroad to enhance the educational aspect of the sport. We will also provide cultural and educational experiences for the visiting and host teams from Japan and the Hawaii teams that will travel.We believe it is important to build and strengthen the ties between Hawaii and Niigita because we can create cultural, educational and economic opportunities between the two states, which have many similarities. Many of Hawaii's families originated and emigrated from Niigita, Japan approximately 100 years ago. This exchange program will provide them the opportunity to also learn about their ancestry and family origins while introducing them to thei native culture.Form 990-EZ, Part III, Line 31 - All Other AccomplishmentTo establish a formal relationship to strengthen ties between Niigita Prefecture and the State of Hawaii.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRIAN SEKIGUCHIPresidentPT$0--
JAMES KURATATreasurer-$0--
LISA WONDSecretary-$0--
CYNTHIA ISHIMOTOVP/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Hawaii-niigata Inc
EIN
61-1686014
Phone
8082958659
Address
98-836 LEIALII STREET, AIEA, HI 96701-2750

Signing Officer

Name
Brian Sekiguchi
Title
President
Phone
8082958659
Signed
2022-01-01
Discuss with paid preparer
Yes

Preparer

Firm
Cresencio S Barayuga CPA Inc
Address
2153 NORTH KING ST SUITE 323, HONOLULU, HI 96819
Preparer
Cresencio S Barayuga CPA
Phone
8088488614
Supplemental Narrative

Additional Explanations

Pt III, Line 31

Form 990-EZ, Part III, Refer to Line 28 - Primary Exempt Purpose

Pt III, Line 31

To establish a formal relationship to strengthen ties between Niigata Prefecture and the State of Hawaii. The organization is formed to to educate the public on subjects useful to the individual and beneficial to the community and to promote culture. Our organization has designed and developed one program in furtherance of our purpose.

Pt III, Line 31

Our program is entitled Hawaii-Niigita, Inc. We further our purposes under this program by fostering positive international relations between the Prefecture of Niigata, Japan and the State of Hawaii, USA through youth baseball and other cultural activities.

Pt III, Line 31

The program will conduct youth goodwill basball games between Niigita and Hawaii on an annual basis with the location of the games alternating each year between Niigita and Hawaii. Baseball clinics will be conducted locally and abroad to enhance the educational aspect of the sport. We will also provide cultural and educational experiences for the visiting and host teams from Japan and the Hawaii teams that will travel.

Pt III, Line 31

We believe it is important to build and strengthen the ties between Hawaii and Niigita because we can create cultural, educational and economic opportunities between the two states, which have many similarities. Many of Hawaii's families originated and emigrated from Niigita, Japan approximately 100 years ago. This exchange program will provide them the opportunity to also learn about their ancestry and family origins while introducing them to thei native culture.

Pt III, Line 31

Form 990-EZ, Part III, Line 31 - All Other Accomplishment

Pt III, Line 31

To establish a formal relationship to strengthen ties between Niigita Prefecture and the State of Hawaii.

Form 990EZ, Part I, Line 16

Liability Insurance 648.

Form 990EZ, Part I, Line 16

Legal and Accounting 540.

Form 990EZ, Part I, Line 16

Depreciation 61.

Form 990EZ, Part II, Line 24

Net book value of equipment acquired in 2015 176. 115.

Form 990EZ, Part II, Line 26

DEPOSITS 9854. 9854.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Form 990-EZ, Part III, Refer to Line 28 - Primary Exempt PurposeTo establish a formal relationship to strengthen ties between Niigata Prefecture and the State of Hawaii. The organization is formed to to educate the public on subjects useful to the individual and beneficial to the community and to promote culture. Our organization has designed and developed one program in furtherance of our purpose.Our program is entitled Hawaii-Niigita, Inc. We further our purposes under this program by fostering positive international relations between the Prefecture of Niigata, Japan and the State of Hawaii, USA through youth baseball and other cultural activities.The program will conduct youth goodwill basball games between Niigita and Hawaii on an annual basis with the location of the games alternating each year between Niigita and Hawaii. Baseball clinics will be conducted locally and abroad to enhance the educational aspect of the sport. We will also provide cultural and educational experiences for the visiting and host teams from Japan and the Hawaii teams that will travel.We believe it is important to build and strengthen the ties between Hawaii and Niigita because we can create cultural, educational and economic opportunities between the two states, which have many similarities. Many of Hawaii's families originated and emigrated from Niigita, Japan approximately 100 years ago. This exchange program will provide them the opportunity to also learn about their ancestry and family origins while introducing them to thei native culture.Form 990-EZ, Part III, Line 31 - All Other AccomplishmentTo establish a formal relationship to strengthen ties between Niigita Prefecture and the State of Hawaii.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990-EZ, Part III, Refer to Line 28 - Primary Exempt Purpose
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1To establish a formal relationship to strengthen ties between Niigata Prefecture and the State of Hawaii. The organization is formed to to educate the public on subjects useful to the individual and beneficial to the community and to promote culture. Our organization has designed and developed one program in furtherance of our purpose.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Our program is entitled Hawaii-Niigita, Inc. We further our purposes under this program by fostering positive international relations between the Prefecture of Niigata, Japan and the State of Hawaii, USA through youth baseball and other cultural activities.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The program will conduct youth goodwill basball games between Niigita and Hawaii on an annual basis with the location of the games alternating each year between Niigita and Hawaii. Baseball clinics will be conducted locally and abroad to enhance the educational aspect of the sport. We will also provide cultural and educational experiences for the visiting and host teams from Japan and the Hawaii teams that will travel.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4We believe it is important to build and strengthen the ties between Hawaii and Niigita because we can create cultural, educational and economic opportunities between the two states, which have many similarities. Many of Hawaii's families originated and emigrated from Niigita, Japan approximately 100 years ago. This exchange program will provide them the opportunity to also learn about their ancestry and family origins while introducing them to thei native culture.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Form 990-EZ, Part III, Line 31 - All Other Accomplishment
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6To establish a formal relationship to strengthen ties between Niigita Prefecture and the State of Hawaii.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Liability Insurance 648.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Legal and Accounting 540.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Depreciation 61.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10NET BOOK VALUE OF EQUIPMENT ACQUIRED IN 2015 176. 115.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11DEPOSITS 9854. 9854.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt III, Line 31
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt III, Line 31
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 24
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