Valley Isle Timing Association

990EZ • Fiscal year 2012 • EIN 99-0237316

Jan 01, 2012 to Dec 31, 2012 • Filed on May 24, 2013

Organization Profile N/A

PO Box 33049096733

Siviq Scores

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

0.00x

Higher debt load relative to assets than 54% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

-1.5%

Higher net margin than 38% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

No value available

This filing does not contain officer compensation rows.

Source year 2012

-1.1%

Faster asset growth than 44% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

8.7%

Faster revenue growth than 61% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Balance Sheet

Liabilities / Assets54th percentile

Assets

Down

$226,419

Down $2,472 (-1.1%) from 2011

Net Assets

Down

$226,351

Down $2,411 (-1.1%) from 2011

Liabilities

Down

$68

Down $61 (-47%) from 2011

Revenue And Expenses

Liabilities / Revenue58th percentile Net Margin38th percentile

Revenue

$164,335

Up $13,222 (+8.7%) from 2011

Expenses

$166,744

Up $22,819 (+16%) from 2011

Net Income

Down

-$2,409

Down $9,597 (-134%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

Highlighted filing

2012

Assets$226,419

Liabilities$68

Net Assets$226,351

Open 2012 Filing

Operations Trend

Revenue Growth61st percentile

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

Highlighted filing

2012

Revenue$164,335

Expenses$166,744

Net Income-$2,409

Open 2012 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2012 to Dec 31, 2012
Signed: May 24, 2013
Return Version: 2012v2.1

Mission and Program Overview

Mission

To promote and understand the safe use and operation of motor vehicles, to learn and understand the fundamentals and mechanical operations of vehicles.

Filing and Contact Details

Filer

EIN: 99-0237316

Raw XML Appendix193 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
CompensationExplanation/Compensation/PersonName	0	SYLVA KENNETH
CompensationExplanation/Compensation/PersonName	1	CAIRES MARK
CompensationExplanation/Compensation/PersonName	2	HULTQUIST IRENE
CompensationExplanation/Compensation/PersonName	3	HANZAWA GLEN
CompensationExplanation/Compensation/PersonName	4	YAMASHITA SHAYNE
CompensationExplanation/Compensation/PersonName	5	BORGE STANLEY
CompensationExplanation/Compensation/PersonName	6	FREITAS KALEO
CompensationExplanation/Compensation/PersonName	7	KEKUMU SEAN
IRS990EZ/ActivitiesNotPreviouslyRpt	0	false
IRS990EZ/CashSavingsAndInvestments/BOY	0	87521
IRS990EZ/CashSavingsAndInvestments/EOY	0	83729
IRS990EZ/ContributionsGiftsGrantsEtc	0	2115
IRS990EZ/CostOfGoodsSold	0	5114
IRS990EZ/DidOrgFileForm1120POLThisYear	0	false
IRS990EZ/DoesOrgHaveHospital	0	false
IRS990EZ/EngagedInExcessBenefitTrans	0	false
IRS990EZ/EngageInLobbyingActivities	0	false
IRS990EZ/EngagePoliticalCmpgnActivities	0	false
IRS990EZ/ExcessOrDeficitForYear	0	-2409
IRS990EZ/FeesAndOthPymtToIndContractors	0	49101
IRS990EZ/FiledScheduleA	0	true
IRS990EZ/ForeignFinancialAccount	0	false
IRS990EZ/ForeignOffice	0	false
IRS990EZ/GrantsAndSimilarAmountsPaid	0	1000
IRS990EZ/GroProfitLossSalesOfInventory	0	2527
IRS990EZ/GrossReceipts	0	169449
IRS990EZ/GrossSalesOfInventory	0	7641
IRS990EZ/InfoInScheduleOPartI	0	X
IRS990EZ/InfoInScheduleOPartII	0	X
IRS990EZ/InfoInScheduleOPartIII	0	X
IRS990EZ/MadeChangesToOrgnzngEtcDoc	0	false
IRS990EZ/MadeLoansToFromOfficers	0	false
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	false
IRS990EZ/MembershipDues	0	9150
IRS990EZ/MethodOfAccountingCash	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	228762
IRS990EZ/NetAssetsOrFundBalancesBOY	0	228762
IRS990EZ/NetAssetsOrFundBalances/EOY	0	226351
IRS990EZ/NetAssetsOrFundBalancesEOY	0	226351
IRS990EZ/OccupancyRentUtilitiesAndMaint	0	857
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	1	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	2	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	3	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	4	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	5	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	6	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	7	1.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	3	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	4	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	5	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	6	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	7	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	SYLVA KENNETH
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	CAIRES MARK
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	HULTQUIST IRENE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	3	HANZAWA GLEN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	4	YAMASHITA SHAYNE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	5	BORGE STANLEY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	6	FREITAS KALEO
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	7	KEKUMU SEAN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	2	SECRETARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	3	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	4	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	5	VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	6	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	7	DIRECTOR
IRS990EZ/OperatingSchool	0	false
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	false
IRS990EZ/OrganizationHadUBI	0	false
IRS990EZ/OtherAssetsTotal/BOY	0	141370
IRS990EZ/OtherAssetsTotal/EOY	0	142690
IRS990EZ/OtherChangesInNetAssets	0	-2
IRS990EZ/OtherExpensesTotal	0	114769
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	TO PROMOTE AND UNDERSTAND THE SAFE USE AND OPERATION OF MOTOR VEHICLES, TO LEARN AND UNDERSTAND THE FUNDAMENTALS AND MECHANICAL OPERATIONS OF VEHICLES.
IRS990EZ/PrintingPublicationsPostage	0	1017
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	TO PROMOTE GOOD SPORTSMANSHIP AND FELLOWSHIP AMONG ITS MEMBERS AND THE COMMUNITY, AND TO PROVIDE AND REGULATE MOTOR SPORTS ACTIVITIES.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	1	TO PROMOTE AND UNDERSTAND THE SAFE USE AND OPERATION OF MOTOR VEHICLES, TO LEARN AND UNDERSTAND THE FUNDAMENTALS AND MECHANICAL OPERATIONS OF VEHICLES.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations	0	1000
IRS990EZ/ProgramServiceAccomplishment/IncludesForeignGrants	0	X
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	149361
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	1	3070
IRS990EZ/ProgramServiceRevenue	0	150543
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/ScheduleBNotRequired	0	X
IRS990EZ/StatesWhereCopyOfReturnIsFiled	0	HI
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/SumOfTotalLiabilities/BOY	0	129
IRS990EZ/SumOfTotalLiabilities/EOY	0	68
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	P O BOX 330490
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	KAHULUI
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	HI
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	96733
IRS990EZ/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1	0	MARK CAIRES
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	8082768655
IRS990EZ/TotalAssets/BOY	0	228891
IRS990EZ/TotalAssets/EOY	0	226419
IRS990EZ/TotalExpenses	0	166744
IRS990EZ/TotalProgramServiceExpenses	0	152431
IRS990EZ/TotalRevenue	0	164335
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	false
IRS990EZ/WebSite	0	N/A
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear	0	2115
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year	0	4811
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years	0	18327
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years	0	16998
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years	0	22831
IRS990ScheduleA/GiftsGrantsContribReceived509/Total	0	65082
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear	0	9150
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year	0	7600
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years	0	171130
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years	0	164133
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years	0	175882
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total	0	527895
IRS990ScheduleA/GrossReceiptsFromNonUBI/CurrentTaxYear	0	158184
IRS990ScheduleA/GrossReceiptsFromNonUBI/CurrentTaxYearMinus1Year	0	144084
IRS990ScheduleA/GrossReceiptsFromNonUBI/CurrentTaxYearMinus2Years	0	171130
IRS990ScheduleA/GrossReceiptsFromNonUBI/CurrentTaxYearMinus3Years	0	164133
IRS990ScheduleA/GrossReceiptsFromNonUBI/Total	0	637531
IRS990ScheduleA/InvestmentIncomePercentage	0	0.00000
IRS990ScheduleA/PriorYearSupportPercentage	0	1.00000
IRS990ScheduleA/PubliclySupportedOrg509a2	0	X
IRS990ScheduleA/PublicSupportPercentage509	0	1.00000
IRS990ScheduleA/PublicSupportTotal509	0	1230508
IRS990ScheduleA/ThirtyThreePercntTestsCY509	0	X
IRS990ScheduleA/Total509/CurrentTaxYear	0	169449
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year	0	156495
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years	0	360587
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years	0	345264
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years	0	198713
IRS990ScheduleA/Total509/Total	0	1230508
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear	0	169449
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year	0	156495
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years	0	360587
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years	0	345264
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years	0	198713
IRS990ScheduleA/TotalSupportTotal/Total	0	1230508
IRS990ScheduleO/GeneralExplanation/Explanation	0	EXPENSES ADVERTISING 2,577 OFFICE SUPPLIES 735 TRAVEL 3,541 INSURANCE 13,400 BANK CHARGES 13 BANQUET 2,428 DUES & SUBSCRIPTIONS 176 EQUIPMENT RENTAL 6,257 FUEL 6,191 GENERAL EXCISE TAX 306 GROUNDS/TRACK MAINTENANCE 14,191 LICENSES & PERMITS 2,203 AWARDS 24,438 PORTABLE TOILETS 8,061 TROPHIES 5,880 WASTE DISPOSAL 4,109 LIGHTING PROJECT - TOWER 51 SUPPLIES 11,601 NON-INVESTMENT DEPRECIATION 8,611 TOTAL 114,769
IRS990ScheduleO/GeneralExplanation/Explanation	1	PRIOR PERIOD ADJUSTMENT -2
IRS990ScheduleO/GeneralExplanation/Explanation	2	INVENTORIES FOR SALE OR USE 1,375 1,936 164,772 174,143 LESS ACCUMULATED DEPRECIATION 65,427 74,039 6,246 6,246 LESS ACCUMULATED AMORTIZATION 6,246 6,246 WORK IN PROGRESS 40,650 40,650 TOTAL 141,370 142,690
IRS990ScheduleO/GeneralExplanation/Explanation	3	ACCOUNTS PAYABLE AND ACCRUED EXPENSES 129 68
IRS990ScheduleO/GeneralExplanation/Explanation	4	TO PROMOTE AND UNDERSTAND THE SAFE USE AND OPERATION OF MOTOR VEHICLES, TO LEARN AND UNDERSTAND THE FUNDAMENTALS AND MECHANICAL OPERATIONS OF VEHICLES.
IRS990ScheduleO/GeneralExplanation/Explanation	5	TO PROMOTE AND UNDERSTAND THE SAFE USE AND OPERATION OF MOTOR VEHICLES, TO LEARN AND UNDERSTAND THE FUNDAMENTALS AND MECHANICAL OPERATIONS OF VEHICLES.
IRS990ScheduleO/GeneralExplanation/Identifier	0	OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier	1	OTHER CHANGES IN NET ASSETS OR FUND BALANCES
IRS990ScheduleO/GeneralExplanation/Identifier	2	OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier	3	OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/Identifier	4	PRIMARY EXEMPT PURPOSE
IRS990ScheduleO/GeneralExplanation/Identifier	5	ALL OTHER ACCOMPLISHMENT
IRS990ScheduleO/GeneralExplanation/ReturnReference	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference	1	FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/GeneralExplanation/ReturnReference	2	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference	3	FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/GeneralExplanation/ReturnReference	4	FORM 990-EZ, PART III
IRS990ScheduleO/GeneralExplanation/ReturnReference	5	FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS	0	2016-03-07 17:11:31Z
ReturnHeader/Filer/EIN	0	990237316
ReturnHeader/Filer/Name/BusinessNameLine1	0	VALLEY ISLE TIMING ASSOCIATION
ReturnHeader/Filer/NameControl	0	VALL
ReturnHeader/Filer/Phone	0	8082445531
ReturnHeader/Filer/USAddress/AddressLine1	0	PO BOX 330490
ReturnHeader/Filer/USAddress/City	0	KAHULUI
ReturnHeader/Filer/USAddress/State	0	HI
ReturnHeader/Filer/USAddress/ZIPCode	0	96733
ReturnHeader/Officer/AuthorizeThirdParty	0	true
ReturnHeader/Officer/DateSigned	0	2013-05-24
ReturnHeader/Officer/Name	0	MARK CAIRES
ReturnHeader/Officer/Phone	0	8082445531
ReturnHeader/Officer/Title	0	TREASURER
ReturnHeader/Preparer/DatePrepared	0	2013-05-24
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	KAWAHARA & COMPANY CPAS LLC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1	0	840 ALUA STREET SUITE 203
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	WAILUKU
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	HI
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	967931482
ReturnHeader/Preparer/Name	0	ROBERT S KAWAHARA
ReturnHeader/Preparer/Phone	0	8082445531
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-01-01
ReturnHeader/TaxPeriodEndDate	0	2012-12-31
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2013-06-13T17:10:51-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $226,419
Liabilities: $68
Net assets: $226,351
Revenue: $164,335
Expenses: $166,744
Net income: -$2,409

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.27	$0.05	$2.22	$2.13	$2.33	$0.20
2023Detailed filing. Detailed filing data is available for this year.	$2.43	$0.00	$2.43	$1.73	$1.61	$0.12
2022Detailed filing. Detailed filing data is available for this year.	$2.32	$0.01	$2.31	$2.11	$1.84	$0.26
2021Summary only. Only limited summary data is available for this year.	$2.06	$0.01		$0.00	$0.24	$0.24
2020Detailed filing. Detailed filing data is available for this year.	$2.29	$0.01	$2.28	$0.41	$0.50	$0.09
2019Detailed filing. Detailed filing data is available for this year.	$2.53	$0.16	$2.37	$1.75	$1.64	$0.11
2018Detailed filing. Detailed filing data is available for this year.	$2.27	$0.01	$2.26	$0.21	$0.51	$0.31
2017Detailed filing. Detailed filing data is available for this year.	$2.59	$0.02	$2.57	$2.03	$1.84	$0.18
2016Detailed filing. Detailed filing data is available for this year.	$2.41	$0.02	$2.38	$1.79	$1.81	$0.02
2015Detailed filing. Detailed filing data is available for this year.	$2.45	$0.04	$2.40	$1.76	$1.46	$0.30
2014Detailed filing. Detailed filing data is available for this year.	$2.17	$0.07	$2.10	$1.54	$1.60	$0.07
2013Detailed filing. Detailed filing data is available for this year.	$2.30	$0.13	$2.17	$1.78	$1.87	$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.26	$0.00	$2.26	$1.64	$1.67	$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.29	$0.00	$2.29	$1.51	$1.44	$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.22	$0.00	$2.22	$1.84	$1.69	$0.15