Civic Intelligence

Pacific Resources for Education and Learning

990 • Fiscal year 2023 • EIN 99-0279789

Oct 01, 2022 to Sep 30, 2023 • Filed on Aug 06, 2024

119 Merchant Street Suite 402Honolulu, HI 96813

(808) 441-1300

Siviq Scores

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

Liabilities / Assets

88th percentile

0.64x

Higher debt load relative to assets than 88% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.23x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

39th percentile

-0.1%

Higher net margin than 39% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

86th percentile

$167,076

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

90th percentile

54%

Faster asset growth than 90% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

41st percentile

2.0%

Faster revenue growth than 41% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$1,444,568

Flat from 2023

Net Assets

Flat

$522,727

Flat from 2023

Liabilities

Flat

$921,841

Flat from 2023

Revenue

Flat

$4,078,743

Flat from 2023

Expenses

Flat

$4,080,862

Flat from 2023

Net Income

Flat

-$2,119

Flat from 2023

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 2011: $2,637,111Liabilities 2011: $757,896Net Assets 2011: $1,879,2152011Assets 2012: $2,741,132Liabilities 2012: $763,729Net Assets 2012: $1,977,4032012Assets 2013: $2,807,085Liabilities 2013: $1,035,473Net Assets 2013: $1,771,6122013Assets 2014: $2,810,803Liabilities 2014: $1,094,347Net Assets 2014: $1,716,4562014Assets 2015: $2,930,290Liabilities 2015: $899,432Net Assets 2015: $2,030,8582015Assets 2016: $2,587,909Liabilities 2016: $653,762Net Assets 2016: $1,934,1472016Assets 2017: $2,173,257Liabilities 2017: $518,773Net Assets 2017: $1,654,4842017Assets 2018: $1,427,695Liabilities 2018: $402,237Net Assets 2018: $1,025,4582018Assets 2019: $1,098,900Liabilities 2019: $521,023Net Assets 2019: $577,8772019Assets 2020: $1,044,824Liabilities 2020: $484,237Net Assets 2020: $560,5872020Assets 2021: $1,081,845Liabilities 2021: $550,445Net Assets 2021: $531,4002021Assets 2022: $937,643Liabilities 2022: $407,336Net Assets 2022: $530,3072022Assets 2023: $1,444,568Liabilities 2023: $921,841Net Assets 2023: $522,7272023Assets 2023: $1,444,568Liabilities 2023: $921,841Net Assets 2023: $522,7272023

Highlighted filing

2023

Assets$1,444,568
Liabilities$921,841
Net Assets$522,727

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $9,151,979Expenses 2011: $8,988,624Net Income 2011: $163,3552011Revenue 2012: $7,441,726Expenses 2012: $7,343,538Net Income 2012: $98,1882012Revenue 2013: $4,151,398Expenses 2013: $4,357,189Net Income 2013: -$205,7912013Revenue 2014: $4,234,060Expenses 2014: $4,289,216Net Income 2014: -$55,1562014Revenue 2015: $4,541,303Expenses 2015: $4,222,679Net Income 2015: $318,6242015Revenue 2016: $3,691,286Expenses 2016: $3,801,954Net Income 2016: -$110,6682016Revenue 2017: $3,637,363Expenses 2017: $3,937,078Net Income 2017: -$299,7152017Revenue 2018: $3,268,200Expenses 2018: $3,906,252Net Income 2018: -$638,0522018Revenue 2019: $2,895,571Expenses 2019: $3,332,193Net Income 2019: -$436,6222019Revenue 2020: $2,778,782Expenses 2020: $2,801,346Net Income 2020: -$22,5642020Revenue 2021: $3,438,203Expenses 2021: $3,472,058Net Income 2021: -$33,8552021Revenue 2022: $3,997,170Expenses 2022: $3,965,446Net Income 2022: $31,7242022Revenue 2023: $4,078,743Expenses 2023: $4,080,862Net Income 2023: -$2,1192023Revenue 2023: $4,078,743Expenses 2023: $4,080,862Net Income 2023: -$2,1192023

Highlighted filing

2023

Revenue$4,078,743
Expenses$4,080,862
Net Income-$2,119
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 6, 2024
Return Version
2022v5.0
Gross Receipts
$4,212,787
Mission and Program Overview

Mission

To assist education, government, community agencies, business and labor in maintaining cultural literacy and improving quality and equality in educational programs by: (a) developing and disseminating effective education products and procedures; (b) conducting research on educational needs and issues; (c) providing technical assistance in effective education; (d) evaluating effectiveness of educational programs and projects; (e) providing training in educational planning, management, evaluation, and instruction; (f) serving as an information resource on effective educational programs and processes; (g) providing a forum for discussing and resolving educational issues.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$320,292$644,677▲ $324,385
Pledges and Grants Receivable$340,058$395,375▲ $55,317
Cash and Non-Interest-Bearing Accounts$21,844$152,688▲ $130,844
Investments Other Securities$138,521--
Savings and Temporary Cash Investments-$101,638-
Land, Buildings, and Equipment, Net$48,153$40,566▼ $7,587
Prepaid Expenses and Deferred Charges$63,585$36,588▼ $26,997
Total Assets$937,643$1,444,568▲ $506,925
Other Assets Total$5,190$73,036▲ $67,846
Liabilities
Grants Payable$84,836$428,778▲ $343,942
Accounts Payable and Accrued Expenses$322,500$419,460▲ $96,960
Other Liabilities-$73,603-
Total Liabilities$407,336$921,841▲ $514,505
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$410,542$408,499▼ $2,043
Net Assets With Donor Restrictions$119,765$114,228▼ $5,537
Total Net Assets Fund Balance$530,307$522,727▼ $7,580
Total Liabilities and Net Assets / Fund Balance$937,643$1,444,568▲ $506,925

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$36,483$29,177$65,660
Leasehold Improvements$4,083$6,805$10,888
Other Assets Org$5,113--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$134,540---$129,003
2021$134,540---$134,540
2020$134,540---$134,540
2019$134,540---$134,540
2018$134,540---$134,540
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Melly WilsonDir, ResearcFT$147,113$19,963$167,076
Melly WilsonDir, Research & Gov-$147,113$18,324$167,076
Paul HadikPresident &FT$141,845$20,719$162,564
Paul HadikPresident & CEO-$141,845$20,719$162,564
Corrin BarrosDir, PlanninFT$135,830$17,588$153,418
Corrin BarrosDir, Planning & Edu-$135,830$11,940$153,418
Jason WeinheimerDirector ofFT$140,462$11,022$151,484
Jason WeinheimerDirector of Finance-$140,462$18,309$151,484
Lori PhillipsDirector of SchooFT$117,708$22,747$140,455
Hendrick ChoDir, Acct. &FT$105,969$16,050$122,019
Lynette VillagomezSnr ResearchFT$101,840$9,742$111,582

Board Members and Trustees

NameTitle
Vic AngocoBoard Chair
Dr Patrick TelleiDirector
Jaqueline QuituguaDirector
Judith T Won PatDirector
Max YarawamaiFormer Direc
Nathan T OkuboFormer Direc
Dr Mary a Y OkadaSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Academic Development InstCapacity Build121 N KICKAPOO ST, Lincoln, IL 62656$280,007
Pacific Policy ResearchCapacity Build500 UNIVERSITY AVE 1425, Honolulu, HI 96826$149,200
WestedCapacity Build730 HARRISON ST, San Francisco, CA 94107$110,000
Revenue and Support

Revenue Composition

Contributions and Grants
$4,051,516
Program Service Revenue
$0
Investment Income
$25,668
Other Revenue
$1,559
All Other Contributions
$1,015,783
Change in Net Assets
$-2,119

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,078,173
Revenue Not Reported on Financial Statements
$570
Revenue Not Reported on Form 990
$-5,461
Total Revenue per Audited Statements
$4,072,712
Total Revenue per Form 990
$4,078,743
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,281,992
Other Expenses$1,798,870
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,160,903$401,157-$1,562,060
Travel$343,284$29,865-$373,149
Current Officers, Directors, Trustees, and Key Employees$245,542$84,848-$330,390
Conferences and Meetings$185,228$8,589-$193,817
Other Employee Benefits$106,972$36,965-$143,937
Payroll Taxes$101,030$34,912-$135,942
Office Expenses$91,296$23,145-$114,441
Pension Plan Contributions$81,500$28,163-$109,663
Occupancy$71,540$20,472-$92,012
Fees for Services Accounting-$67,288-$67,288
Insurance-$24,950-$24,950
Other Expenses$5,322$2,000-$2,000
Fees for Service Investment Mgmnt Fees-$570-$570
Total Functional Expenses$3,316,920$763,942$0$4,080,862

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,080,862
Expenses per Audited Statements$4,080,292
Total Expenses per Audited Statements$4,080,292
Expenses Not Reported on Financial Statements$570
International Activity

International Summary

Offices
4
Employees
7
Spending
$312,403

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
East Asia and the PacificProgram ServicesSee Part V47$312,403
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
Lease Liability$73,603
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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, Page 6, Part VI, Line 7A

The board of directors elects incoming board members.

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed and accepted by the ceo and treasurer before being submitted to the irs. A copy of the return is distributed to the board members, or presented at one of their meetings.

Form 990, Page 6, Part VI, Line 12C

All directors and officers annually must complete a "conflict of interest disclosure and compliance" form. New directors and officers also must complete this form. All forms are retained by prel.

Form 990, Page 6, Part VI, Line 15A

A review of ceo and officer compensation is performed periodically by comparison using guidestar and hawaii employers council data.

Form 990, Page 6, Part VI, Line 15B

A review of ceo and officer compensation is performed periodically by comparison using guidestar and hawaii employers council data.

Form 990, Page 6, Part VI, Line 19

The financial statements and a part of the organization's annual report are available on guidestar. A uniform guidance single audit is performed so results of the audit are available on the audit clearinghouse. The organization's governing documents and conflict of interst policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Pacific Resources for Education and
EIN
99-0279789
Phone
8084411300
Address
119 MERCHANT STREET SUITE 402, HONOLULU, HI 96813

Signing Officer

Name
Paul Hadik
Title
President & CEO
Phone
8084411300
Signed
2024-08-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Hadik
Formed
1990
Legal Domicile
Hi
Voting Board Members
5
Independent Board Members
5
Employees
25

Preparer

Firm
Akamine Oyadomari & Kosaki Cpas Inc
Address
1601 KAPIOLANI BLVD STE 1140, HONOLULU, HI 96814
Preparer
Krystal Ching
Phone
8089410500
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To assist education, government, community agencies, business and labor in maintaining cultural literacy and improving quality and equality in educational programs by: (a) developing and disseminating effective education products and procedures; (b) conducting research on educational needs and issues; (c) providing technical assistance in effective education; (d) evaluating effectiveness of educational programs and projects; (e) providing training in educational planning, management, evaluation, and instruction; (f) serving as an information resource on effective educational programs and processes; (g) providing a forum for discussing and resolving educational issues.

Form 990, Page 2, Part III, Line 4D

(a) developing and disseminating effective educational products and procedures; (b) conducting research on educational needs and issues; (c) providing technical assistance in effective education; (d) evaluating effeciveness of educational programs and projects; (e) providing training in educational planning, management, evaluation, and instruction; (f) serving as an information resource on effective educational programs and processes; (g) providing a forum for discussing and resolving educational issues.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Grants or scholarships - students seeking a career in teaching. Available to students in the pacific region that prel serves.

Schedule D, Page 3, Part X

Prel is a tax-exempt organization for federal and state income tax purposes, under internal revenue code section 501(c)(3). Prel evaluates uncertain tax positions utilizing a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. At september 30, 2023 and 2022, management believes there were no significant uncertain tax positions and there were no pending federal or state income tax audits. Management believes the federal statute of limitations remains open for prel for the years ended september 30, 2020 through 2023.

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IRS990/Form990PartVIISectionAGrp/PersonNm4DR PATRICK TELLEI
IRS990/Form990PartVIISectionAGrp/PersonNm5JAQUELINE QUITUGUA
IRS990/Form990PartVIISectionAGrp/PersonNm6MAX YARAWAMAI
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IRS990/Form990PartVIISectionAGrp/PersonNm8JASON WEINHEIMER
IRS990/Form990PartVIISectionAGrp/PersonNm9MELLY WILSON
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IRS990/Form990PartVIISectionAGrp/PersonNm11HENDRICK CHO
IRS990/Form990PartVIISectionAGrp/PersonNm12LYNETTE VILLAGOMEZ
IRS990/Form990PartVIISectionAGrp/PersonNm13CORRIN BARROS
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IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6FORMER DIREC
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT &
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIR, RESEARC
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIR OF SCHOO
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIR, ACCT. &
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IRS990/MissionDesc0TO ASSIST EDUCATION, GOVERNMENT, COMMUNITY AGENCIES, BUSINESS AND LABOR IN MAINTAINING CULTURAL LITERACY AND IMPROVING QUALITY AND EQUALITY IN EDUCATIONAL PROGRAMS BY: (A) DEVELOPING AND DISSEMINATING EFFECTIVE EDUCATION PRODUCTS AND PROCEDURES; (B) CONDUCTING RESEARCH ON EDUCATIONAL NEEDS AND ISSUES; (C) PROVIDING TECHNICAL ASSISTANCE IN EFFECTIVE EDUCATION; (D) EVALUATING EFFECTIVENESS OF EDUCATIONAL PROGRAMS AND PROJECTS; (E) PROVIDING TRAINING IN EDUCATIONAL PLANNING, MANAGEMENT, EVALUATION, AND INSTRUCTION; (F) SERVING AS AN INFORMATION RESOURCE ON EFFECTIVE EDUCATIONAL PROGRAMS AND PROCESSES; (G) PROVIDING A FORUM FOR DISCUSSING AND RESOLVING EDUCATIONAL ISSUES.
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IRS990/ProgSrvcAccomActy2Grp/Desc0GEO-LITERACY EDUCATION IN MICRONESIA (GEM) IS FUNDED BY THE NATIONAL SCIENCE FOUNDATION TO DEMONSTRATE THE POTENTIAL FOR EFFECTIVE INTERGENERATIONAL, INFORMAL LEARNING AND DEVELOPMENT OF GEO-LITERACY THROUGH AN INFORMAL STEM LEARNING TEAM (ISLT) MODEL FOR PACIFIC ISLAND COMMUNITIES.
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IRS990/ProgSrvcAccomActy3Grp/Desc0TRANSFORMATIVE ADVOCATES FOR STEAM INNOVATION & KNOWLEDGE (TASIK) IS FUNDED BY THE NATIONAL SCIENCE FOUNDATION TO INVESTIGATE THE IMPACT OF YOUTH'S INDUCTIVE EXPLORATION OF LOCAL TECHNOLOGIES FEATURED IN INDIGENOUS STORIES ON THEIR ENGAGEMENT, SELF-EFFICACY, AND PERSISTENCE IN STEM.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0(A) DEVELOPING AND DISSEMINATING EFFECTIVE EDUCATIONAL PRODUCTS AND PROCEDURES; (B) CONDUCTING RESEARCH ON EDUCATIONAL NEEDS AND ISSUES; (C) PROVIDING TECHNICAL ASSISTANCE IN EFFECTIVE EDUCATION; (D) EVALUATING EFFECIVENESS OF EDUCATIONAL PROGRAMS AND PROJECTS; (E) PROVIDING TRAINING IN EDUCATIONAL PLANNING, MANAGEMENT, EVALUATION, AND INSTRUCTION; (F) SERVING AS AN INFORMATION RESOURCE ON EFFECTIVE EDUCATIONAL PROGRAMS AND PROCESSES; (G) PROVIDING A FORUM FOR DISCUSSING AND RESOLVING EDUCATIONAL ISSUES.
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-2119
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0101638
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.44$0.92$0.52$4.08$4.08$0.00
2023Summary only. Only limited summary data is available for this year.$1.44$0.92$0.52$4.08$4.08$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.41$0.53$4.00$3.97$0.03
2021Summary only. Only limited summary data is available for this year.$1.08$0.55$0.53$3.44$3.47$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.48$0.56$2.78$2.80$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.52$0.58$2.90$3.33$0.44
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.40$1.03$3.27$3.91$0.64
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.17$0.52$1.65$3.64$3.94$0.30
2016Detailed filing. Detailed filing data is available for this year.$2.59$0.65$1.93$3.69$3.80$0.11
2015Summary only. Only limited summary data is available for this year.$2.93$0.90$2.03$4.54$4.22$0.32
2014Detailed filing. Detailed filing data is available for this year.$2.81$1.09$1.72$4.23$4.29$0.06
2013Summary only. Only limited summary data is available for this year.$2.81$1.04$1.77$4.15$4.36$0.21
2012Summary only. Only limited summary data is available for this year.$2.74$0.76$1.98$7.44$7.34$0.10
2011Summary only. Only limited summary data is available for this year.$2.64$0.76$1.88$9.15$8.99$0.16