The Renaissance Academy Inc

EIN 74-3010071 • 501(c)3 • Aiea, HI

Profile

To educate & enrich young persons in literature, art, math, music, language, & other disciplines through self development.

98-025 Hekaha Street Ste 214AAiea, HI 96701

www.hawaiira.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

2.74x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

0.19x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

-10%

Higher net margin than 30% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

$7,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 15.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2017

254%

Faster asset growth than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

-18%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets97th percentile

Assets

$3,000

Up $2,152 (+254%) from 2016

Liabilities

$8,214

Up $6,765 (+467%) from 2016

Net Assets

Down

-$5,214

Down $4,613 (-768%) from 2016

Operations

Liabilities / Revenue86th percentile Net Margin30th percentile

Revenue

Down

$44,002

Down $9,414 (-18%) from 2016

Expenses

Down

$48,615

Down $7,403 (-13%) from 2016

Net Income

Down

-$4,613

Down $2,011 (-77%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2017

Assets$3,000

Liabilities$8,214

Net Assets-$5,214

Open 2017 Filing

Operations Trend

Revenue Growth35th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2017

Revenue$44,002

Expenses$48,615

Net Income-$4,613

Open 2017 Filing

Filings

Most recent year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $3,000
Liabilities: $8,214
Net assets: -$5,214
Revenue: $44,002
Expenses: $48,615
Net income: -$4,613

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2017Detailed filing. Detailed filing data is available for this year.	$3.00	$8.21	$5.21	$44.0	$48.6	$4.61
2016Detailed filing. Detailed filing data is available for this year.	$0.85	$1.45	$0.60	$53.4	$56.0	$2.60
2015Detailed filing. Detailed filing data is available for this year.	$4.33	$2.33	$2.00	$68.3	$58.0	$10.2
2014Detailed filing. Detailed filing data is available for this year.	$6.12	$14.4	$8.24	$65.2	$68.0	$2.84
2013Detailed filing. Detailed filing data is available for this year.	$8.12	$13.5	$5.40	$71.7	$69.4	$2.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$6.79	$14.5	$7.68	$74.2	$72.2	$1.97
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$4.26	$13.9	$9.64	$54.1	$52.3	$1.78
2010Summary only. Only limited summary data is available for this year.	$1.59	$13.0		$55.1	$53.3	$1.85

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: Nov 14, 2018
Return Version: 2017v2.3
Gross Receipts: $44,002

Mission and Program Overview

Mission

To educate & enrich young persons in literature, art, math, music, language, & other disciplines through self development.

Program Services

Description	Grants	Expenses
TUTORING OF APPROXIMATELY 90 STUDENTS IN MATH, LANGUAGE, AND MUSIC.	-	$42,571
NONE	-	-

Compensation and Service Providers

Top Officer Pay84th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
KAZUKO HASHIGUCHI	Exec Director	PT	$7,000	-	$7,000
GRACE NIKAE	P,S,D	-	$0	-	-
ANTHONY NIKAE	V.P., Treas.	PT	$0	-	-

Filing and Contact Details

Filer

Filer Name: The Renaissance Academy Inc
EIN: 74-3010071
Phone: 8084852115
Address: 98-025 HEKAHA STREET STE 214A, AIEA, HI 96701

Signing Officer

Name: Anthony Nikae
Title: V.p., Treas.
Phone: 8084852115
Signed: 2018-11-14

Preparer

Firm: Tomishima & Fukuhara CPA Inc
Address: 1520 LILIHA ST STE 705, HONOLULU, HI 96817-3564
Preparer: Sherri a Tomishima
Phone: 8085237588

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 75 office supplies 1,308 telephone 1,777 information technology 1,020 travel 410 interest 735 liability insurance 1,629 classroom supplies 2,065 contract labor 5,689 classroom activities 595 dues and subscriptions 115 meals & entertainment 149 non-investment depreciation 1,013 total 16,580”

Form 990-ez, Part II, Line 24

“Due from k. Hashiguchi 435 0 equipment 6,310 9,910 less accumulated depreciation 6,197 7,210 total 548 2,700”

Form 990-ez, Part II, Line 26

“Unsecured notes and loans payable 0 1,700 bank overdraft 1,338 2,454 withheld taxes - fica 61 136 withheld taxes - fwt 24 107 withheld taxes - swt 26 80 payroll liability 0 40 loans from officers 0 3,697”

Form 990-ez, Part III

“To educate & enrich young persons in literature, art, math, music, language, & other disciplines through self development.”

Form 990-ez, Part III, Line 31

“NONE”

Raw XML Appendix160 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.

Path	#	Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum	0	8084852115
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	98-025 HEKAHA STREET 214A
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	AIEA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	HI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	96701
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	300
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	300
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-4613
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	500
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	848
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	3000
IRS990EZ/GrossReceiptsAmt	0	44002
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LoansToFromOfficersAmt	0	3697
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	true
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	-601
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	-5214
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	-601
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	-5214
IRS990EZ/OccupancyRentUtltsAndMaintAmt	0	20114
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	5.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	7000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	GRACE NIKAE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	ANTHONY NIKAE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	KAZUKO HASHIGUCHI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	P,S,D
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	V.P., TREAS.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	EXEC DIR
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	548
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	2700
IRS990EZ/OtherExpensesTotalAmt	0	16580
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	TO EDUCATE & ENRICH YOUNG PERSONS IN LITERATURE, ART, MATH, MUSIC, LANGUAGE, & OTHER DISCIPLINES THROUGH SELF DEVELOPMENT.
IRS990EZ/PrintingPublicationsPostageAmt	0	311
IRS990EZ/ProgramServiceRevenueAmt	0	44002
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	TUTORING OF APPROXIMATELY 90 STUDENTS IN MATH, LANGUAGE, AND MUSIC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	NONE
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	42571
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	11110
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	1449
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	8214
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	48615
IRS990EZ/TotalProgramServiceExpensesAmt	0	42571
IRS990EZ/TotalRevenueAmt	0	44002
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	WWW.HAWAIIRA.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	13252
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	13652
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	44002
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	53416
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	55008
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	65089
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	71353
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	288868
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	302520
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	44002
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	53416
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	68260
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	65189
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	71653
IRS990ScheduleA/Total509Grp/TotalAmt	0	302520
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	44002
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	53416
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	68260
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	65189
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	71653
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	302520
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt	0	3697
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd	0	true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd	0	false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt	0	ADVANCES FOR OPERATING EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd	0	X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt	0	3697
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm	0	KAZUKO HASHIGUCHI
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt	0	EXECUTIVE DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd	0	false
IRS990ScheduleL/TotalBalanceDueAmt	0	3697
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES ADVERTISING AND PROMOTION 75 OFFICE SUPPLIES 1,308 TELEPHONE 1,777 INFORMATION TECHNOLOGY 1,020 TRAVEL 410 INTEREST 735 LIABILITY INSURANCE 1,629 CLASSROOM SUPPLIES 2,065 CONTRACT LABOR 5,689 CLASSROOM ACTIVITIES 595 DUES AND SUBSCRIPTIONS 115 MEALS & ENTERTAINMENT 149 NON-INVESTMENT DEPRECIATION 1,013 TOTAL 16,580
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DUE FROM K. HASHIGUCHI 435 0 EQUIPMENT 6,310 9,910 LESS ACCUMULATED DEPRECIATION 6,197 7,210 TOTAL 548 2,700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	UNSECURED NOTES AND LOANS PAYABLE 0 1,700 BANK OVERDRAFT 1,338 2,454 WITHHELD TAXES - FICA 61 136 WITHHELD TAXES - FWT 24 107 WITHHELD TAXES - SWT 26 80 PAYROLL LIABILITY 0 40 LOANS FROM OFFICERS 0 3,697
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	TO EDUCATE & ENRICH YOUNG PERSONS IN LITERATURE, ART, MATH, MUSIC, LANGUAGE, & OTHER DISCIPLINES THROUGH SELF DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	NONE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS	0	2019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	ANTHONY NIKAE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	V.P., TREAS.
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8084852115
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2018-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	THE RENAISSANCE ACADEMY INC
ReturnHeader/Filer/BusinessNameControlTxt	0	RENA
ReturnHeader/Filer/EIN	0	743010071
ReturnHeader/Filer/PhoneNum	0	8084852115
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	98-025 HEKAHA STREET STE 214A
ReturnHeader/Filer/USAddress/CityNm	0	AIEA
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	HI
ReturnHeader/Filer/USAddress/ZIPCd	0	96701
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	AB8784E7453F388D1EA7CC4337653E529CAB9874
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	FD9A444866D5450FE49873B3A84705FF8B1EC7CA
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	50.113.17.3
ReturnHeader/FilingSecurityInformation/IPDt	0	2018-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	CS
ReturnHeader/FilingSecurityInformation/IPTm	0	14:54:04
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	990210556
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	TOMISHIMA & FUKUHARA CPA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	1520 LILIHA ST STE 705
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	HONOLULU
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	HI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	968173564
ReturnHeader/PreparerPersonGrp/PhoneNum	0	8085237588
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2018-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	SHERRI A TOMISHIMA
ReturnHeader/ReturnTs	0	2018-11-14T10:54:04-10:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2017-01-01
ReturnHeader/TaxPeriodEndDt	0	2017-12-31
ReturnHeader/TaxYr	0	2017

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