Civic Intelligence

David S Ishii Foundation Co Fay Nagata

990 • Fiscal year 2016 • EIN 99-0345364

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 20, 2017

2065 S King Street No 204Honolulu, HI 96826

(808) 383-9521

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

83rd percentile

0.12x

Higher debt load relative to revenue than 83% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

9th percentile

-43%

Higher net margin than 9% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

40th percentile

-2.4%

Faster asset growth than 40% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

12th percentile

-41%

Faster revenue growth than 12% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$454,050

Down $11,082 (-2.4%) from 2015

Net Assets

Down

$452,050

Down $7,082 (-1.5%) from 2015

Liabilities

Down

$2,000

Down $4,000 (-67%) from 2015

Revenue

Down

$16,543

Down $11,397 (-41%) from 2015

Expenses

Up

$23,625

Up $753 (+3.3%) from 2015

Net Income

Down

-$7,082

Down $12,150 (-240%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $345,855Liabilities 2010: $2,160Net Assets 2010: $343,6952010Assets 2011: $385,894Liabilities 2011: $13,160Net Assets 2011: $372,7342011Assets 2012: $427,857Liabilities 2012: $23,240Net Assets 2012: $404,6172012Assets 2013: $445,266Liabilities 2013: $13,500Net Assets 2013: $431,7662013Assets 2014: $467,064Liabilities 2014: $13,000Net Assets 2014: $454,0642014Assets 2015: $465,132Liabilities 2015: $6,000Net Assets 2015: $459,1322015Assets 2016: $454,050Liabilities 2016: $2,000Net Assets 2016: $452,0502016Assets 2017: $452,025Liabilities 2017: $0Net Assets 2017: $452,0252017Assets 2018: $444,376Liabilities 2018: $0Net Assets 2018: $444,3762018Assets 2019: $428,017Liabilities 2019: $0Net Assets 2019: $428,0172019Assets 2020: $439,091Liabilities 2020: $0Net Assets 2020: $439,0912020Assets 2021: $455,622Liabilities 2021: $0Net Assets 2021: $455,6222021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2016

Assets$454,050
Liabilities$2,000
Net Assets$452,050

Operations Trend

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

$500K$0-$500KExpenses 2010: $33,5712010Expenses 2011: $33,1062011Expenses 2012: $32,8572012Revenue 2013: $57,924Expenses 2013: $30,775Net Income 2013: $27,1492013Revenue 2014: $55,055Expenses 2014: $32,757Net Income 2014: $22,2982014Revenue 2015: $27,940Expenses 2015: $22,872Net Income 2015: $5,0682015Revenue 2016: $16,543Expenses 2016: $23,625Net Income 2016: -$7,0822016Revenue 2017: $23,910Expenses 2017: $23,935Net Income 2017: -$252017Revenue 2018: $23,544Expenses 2018: $31,193Net Income 2018: -$7,6492018Revenue 2019: $16,491Expenses 2019: $32,850Net Income 2019: -$16,3592019Revenue 2020: $16,352Expenses 2020: $5,278Net Income 2020: $11,0742020Revenue 2021: $24,198Expenses 2021: $7,667Net Income 2021: $16,5312021Revenue 2022: $17,676Expenses 2022: $473,298Net Income 2022: -$455,6222022

Highlighted filing

2016

Revenue$16,543
Expenses$23,625
Net Income-$7,082
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 20, 2017
Return Version
2016v3.0
Gross Receipts
$16,543
Mission and Program Overview

Mission

To promote and advance the game of golf and to educate the youth as to its benefits to society in developing values such as honesty, good fellowship, self-discipline, team play and self-reliance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$459,132$452,050▼ $7,082
Investments Other Securities$396,783$410,727▲ $13,944
Savings and Temporary Cash Investments$68,309$43,323▼ $24,986
Land, Buildings, and Equipment, Net$40$0▼ $40
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$465,132$454,050▼ $11,082
Liabilities
Accounts Payable and Accrued Expenses$6,000$2,000▼ $4,000
Total Liabilities$6,000$2,000▼ $4,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$459,132$452,050▼ $7,082
Total Liabilities and Net Assets / Fund Balance$465,132$454,050▼ $11,082

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$2,913$2,913
Other Securities$250--
Compensation and Service Providers

Board Members and Trustees

NameTitle
David S IshiiPresident/director
Allan IkawaDirector
Allan YamamotoDirector
Ann MillerDirector
Arnold HiuraDirector
Elton TanakaDirector
Jay HinazumiDirector
Neal OkamotoDirector
Tracy TanjiDirector
Warren HarukiDirector
Wendell TomDirector
Lorraine IshiiVice-pres/sec/director
Fay M NagataTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,500
Program Service Revenue
$0
Investment Income
$14,043
Other Revenue
$0
All Other Contributions
$2,500
Change in Net Assets
$-7,082
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$16,500
Other Expenses$7,125
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$10,000--$10,000
Grants to Domestic Individuals$6,500--$6,500
Insurance$2,140--$2,140
Office Expenses$1,956--$1,956
Fees for Services Accounting$1,780--$1,780
Travel$945--$945
Other Expenses$107--$107
Depreciation Depletion$40--$40
Total Functional Expenses$23,625$0$0$23,625
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hawaii High School Athletic AssociationHonolulu, HISection 501c3Subsidize Cost of Hawaii State Boys/girls Golf Tournament$10,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

President david ishii and vice president lorraine ishii are husband and wife.

Form 990, Part VI, Section A, Line 6

The organization is organized as a non-stock non-profit organization with members.

Form 990, Part VI, Section A, Line 7A

The members elect the governing body annually.

Form 990, Part VI, Section A, Line 7B

Decisions are subject to approval by the board of directors.

Form 990, Part VI, Section B, Line 11B

Board approves the form 990 before it is filed. It is also reviewed by the treasurer.

Form 990, Part VI, Section C, Line 19

Documents available upon request

Filing and Contact Details

Filer

Filer Name
David S Ishii Foundation
EIN
99-0345364
Phone
8083839521
Address
2065 S KING STREET NO 204, HONOLULU, HI 96826

Signing Officer

Name
Fay Nagata
Title
Treasurer
Phone
8089414488
Signed
2017-09-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Fay Nagata
Formed
1999
Legal Domicile
Hi
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Egami & Ichikawa Cpas Inc
Address
615 PIIKOI STREET SUITE 2001, HONOLULU, HI 96814-3147
Preparer
Michael Y Ichikawa
Phone
8085912772
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The treasurer is responsible for the oversight of the compilation of the financial statements and preparation of form 990. This process remains the same from prior years.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt016747
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt012070
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt012542
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt075742
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt073332
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt073595
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt075360
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0222287
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt014043
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt020340
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt016747
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt012070
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt012542
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt075742
IRS990ScheduleA/InvestmentIncomeCYPct00.20930
IRS990ScheduleA/InvestmentIncomePYPct00.15920
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.78240
IRS990ScheduleA/PublicSupportPY509Pct00.82910
IRS990ScheduleA/PublicSupportTotal509Amt0283142
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt01500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt01500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt03000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt07600
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt088372
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt089900
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt097770
IRS990ScheduleA/Total509Grp/TotalAmt0286142
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt016543
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt027940
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0105119
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0101970
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0110312
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0361884
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02913
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02913
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt036002
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt134890
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt231480
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt333324
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt426538
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt5150693
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt697550
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt7250
IRS990ScheduleD/OtherSecuritiesGrp/Desc01262.516 SH. AMCAP FUND CLA
IRS990ScheduleD/OtherSecuritiesGrp/Desc1944.046 SH. AMER MUTUAL FUND CLA
IRS990ScheduleD/OtherSecuritiesGrp/Desc2613.168 SH CAPITAL WORLD GRW & INC
IRS990ScheduleD/OtherSecuritiesGrp/Desc31317.926 SH. THE INC FUND OF AMER CL A
IRS990ScheduleD/OtherSecuritiesGrp/Desc44508.561 SH. LORD ABBETT SH DURATION
IRS990ScheduleD/OtherSecuritiesGrp/Desc510351.55 SH. PIMCO TOTAL RET CL A
IRS990ScheduleD/OtherSecuritiesGrp/Desc6OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc7MISC INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0410727
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt06500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS FOR STUDENTS ATTENDING COLLEGE IN THE UNITED STATES WITH THE INTENT TO FURTHER THEIR GOLF CAREERS.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0SECTION 501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUBSIDIZE COST OF HAWAII STATE BOYS/GIRLS GOLF TOURNAMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HAWAII HIGH SCHOOL ATHLETIC ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientEIN0990330769
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 62029
IRS990ScheduleI/RecipientTable/USAddress/CityNm0HONOLULU
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0HI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd096839
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0VICE PRESIDENT MONITORS AMOUNTS, USAGE AND COMPLIANCE OF GRANT FUNDS
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRESIDENT DAVID ISHII AND VICE PRESIDENT LORRAINE ISHII ARE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS ORGANIZED AS A NON-STOCK NON-PROFIT ORGANIZATION WITH MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS ELECT THE GOVERNING BODY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DECISIONS ARE SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD APPROVES THE FORM 990 BEFORE IT IS FILED. IT IS ALSO REVIEWED BY THE TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE TREASURER IS RESPONSIBLE FOR THE OVERSIGHT OF THE COMPILATION OF THE FINANCIAL STATEMENTS AND PREPARATION OF FORM 990. THIS PROCESS REMAINS THE SAME FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0465132
IRS990/TotalAssetsEOYAmt0454050
IRS990/TotalAssetsGrp/BOYAmt0465132
IRS990/TotalAssetsGrp/EOYAmt0454050
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt023625
IRS990/TotalFunctionalExpensesGrp/TotalAmt023625
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06000
IRS990/TotalLiabilitiesEOYAmt02000
IRS990/TotalLiabilitiesGrp/BOYAmt06000
IRS990/TotalLiabilitiesGrp/EOYAmt02000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0459132
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0452050
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt023625
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt014043
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt016543
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.18$4.73$4.56
2021Detailed filing. Detailed filing data is available for this year.$4.56$0.00$4.56$0.24$0.08$0.17
2020Detailed filing. Detailed filing data is available for this year.$4.39$0.00$4.39$0.16$0.05$0.11
2019Detailed filing. Detailed filing data is available for this year.$4.28$0.00$4.28$0.16$0.33$0.16
2018Detailed filing. Detailed filing data is available for this year.$4.44$0.00$4.44$0.24$0.31$0.08
2017Detailed filing. Detailed filing data is available for this year.$4.52$0.00$4.52$0.24$0.24$0.00
2016Detailed filing. Detailed filing data is available for this year.$4.54$0.02$4.52$0.17$0.24$0.07
2015Detailed filing. Detailed filing data is available for this year.$4.65$0.06$4.59$0.28$0.23$0.05
2014Detailed filing. Detailed filing data is available for this year.$4.67$0.13$4.54$0.55$0.33$0.22
2013Detailed filing. Detailed filing data is available for this year.$4.45$0.14$4.32$0.58$0.31$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.28$0.23$4.05$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.86$0.13$3.73$0.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.46$0.02$3.44$0.34