Civic Intelligence

Professional Windsurfers Association

990 • Fiscal year 2022 • EIN 99-0353054

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 15, 2024

PO Box 791656Paia, HI 96779

(808) 283-8944

Siviq Scores

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

Liabilities / Assets

1st percentile

-0.07x

Higher debt load relative to assets than 1% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

1st percentile

-0.02x

Higher debt load relative to revenue than 1% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Net Margin

38th percentile

0.4%

Higher net margin than 38% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

49th percentile

$19,294

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2022

Asset Growth

28th percentile

-6.8%

Faster asset growth than 28% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

93rd percentile

112%

Faster revenue growth than 93% of similar nonprofits.

2022 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$257,382

Down $18,776 (-6.8%) from 2021

Net Assets

Up

$275,950

Up $3,127 (+1.1%) from 2021

Liabilities

Down

-$18,568

Down $21,903 (-657%) from 2021

Revenue

Up

$752,629

Up $398,111 (+112%) from 2021

Expenses

Up

$749,502

Up $317,912 (+74%) from 2021

Net Income

Up

$3,127

Up $80,199 (+104%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2010: $436,773Liabilities 2010: $5,108Net Assets 2010: $431,6652010Assets 2011: $390,583Liabilities 2011: $1,101Net Assets 2011: $389,4822011Assets 2012: $318,266Liabilities 2012: $857Net Assets 2012: $317,4092012Assets 2013: $405,218Liabilities 2013: $1,123Net Assets 2013: $404,0952013Assets 2014: $414,113Liabilities 2014: $12,507Net Assets 2014: $401,6062014Assets 2015: $386,900Liabilities 2015: $10,150Net Assets 2015: $376,7502015Assets 2016: $402,604Liabilities 2016: $3,892Net Assets 2016: $398,7122016Assets 2017: $405,058Liabilities 2017: $28,695Net Assets 2017: $376,3632017Assets 2018: $518,992Liabilities 2018: $6,272Net Assets 2018: $512,7202018Assets 2019: $538,554Liabilities 2019: $35,369Net Assets 2019: $503,1852019Assets 2020: $355,162Liabilities 2020: $5,267Net Assets 2020: $349,8952020Assets 2021: $276,158Liabilities 2021: $3,335Net Assets 2021: $272,8232021Assets 2022: $257,382Liabilities 2022: -$18,568Net Assets 2022: $275,9502022Assets 2023: $130,828Liabilities 2023: $493Net Assets 2023: $130,3352023Assets 2024: $159,378Liabilities 2024: $0Net Assets 2024: $159,3782024

Highlighted filing

2022

Assets$257,382
Liabilities-$18,568
Net Assets$275,950

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $1,241,000Expenses 2010: $1,206,156Net Income 2010: $34,8442010Revenue 2011: $1,718,687Expenses 2011: $1,760,870Net Income 2011: -$42,1832011Revenue 2012: $1,272,871Expenses 2012: $1,344,944Net Income 2012: -$72,0732012Revenue 2013: $1,211,995Expenses 2013: $1,125,309Net Income 2013: $86,6862013Revenue 2014: $1,763,517Expenses 2014: $1,766,006Net Income 2014: -$2,4892014Revenue 2015: $1,341,541Expenses 2015: $1,366,397Net Income 2015: -$24,8562015Revenue 2016: $1,424,993Expenses 2016: $1,403,031Net Income 2016: $21,9622016Revenue 2017: $1,203,172Expenses 2017: $1,225,521Net Income 2017: -$22,3492017Revenue 2018: $1,511,361Expenses 2018: $1,375,004Net Income 2018: $136,3572018Revenue 2019: $1,752,013Expenses 2019: $1,761,548Net Income 2019: -$9,5352019Revenue 2020: $118,210Expenses 2020: $271,500Net Income 2020: -$153,2902020Revenue 2021: $354,518Expenses 2021: $431,590Net Income 2021: -$77,0722021Revenue 2022: $752,629Expenses 2022: $749,502Net Income 2022: $3,1272022Revenue 2023: $685,544Expenses 2023: $831,159Net Income 2023: -$145,6152023Revenue 2024: $893,376Expenses 2024: $864,333Net Income 2024: $29,0432024

Highlighted filing

2022

Revenue$752,629
Expenses$749,502
Net Income$3,127
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 15, 2024
Return Version
2022v5.0
Gross Receipts
$752,629
Mission and Program Overview

Mission

The organization promotes support services for windsurfers by sponsoring events all over the world.

The organization promotes support services for all windsurfers by sponsoring events,makes rules for the sport,promotes friendship & discipline

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$272,823$275,950▲ $3,127
Cash and Non-Interest-Bearing Accounts$258,916$251,928▼ $6,988
Accounts Receivable$2,150$2,950▲ $800
Prepaid Expenses and Deferred Charges$13,932$676▼ $13,256
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$276,158$257,382▼ $18,776
Other Assets Total$1,160$1,828▲ $668
Liabilities
Other Liabilities$3,335$-18,568▼ $21,903
Total Liabilities$3,335$-18,568▼ $21,903
Net Assets / Fund Balance
Total Net Assets Fund Balance$272,823$275,950▲ $3,127
Total Liabilities and Net Assets / Fund Balance$276,158$257,382▼ $18,776

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$16,447$16,447
Compensation and Service Providers

Employees

NameTitleBaseTotal
Jimmy DiazPresident/director$19,294$19,294
Erin PritchardSecretary$10,146$10,146
Graham EzzyDirector Sailor Representa$1,083$1,083
Phil McgainVice President/treasurer$875$875

Board Members and Trustees

NameTitle
Werner GniglerDirector
Craig GertenbachDirector Industry
Svein RasmussenDirector Industry
Dieter Van Der EykenDirector Sailor Representa
Lena ErdilDirector Sailor Representa
Revenue and Support

Revenue Composition

Contributions and Grants
$98,286
Program Service Revenue
$654,343
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$3,127
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$749,502
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel---$78,577
Other Expenses---$63,440
All Other Expenses---$48,720
Office Expenses---$12,976
Occupancy---$12,397
Fees for Services Accounting---$1,194
Total Functional Expenses$0$0$0$749,502
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards Payable$-18,568
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

A copy of form 990 was provided to the organization's governing body for review before it was filed.

Form 990, Part VI, Section C, Line 19

Upon request. By members only.

Filing and Contact Details

Filer

Filer Name
Professional Windsurfers Association
EIN
99-0353054
Phone
8082838944
Address
PO BOX 791656, PAIA, HI 96779

Signing Officer

Name
Phil Mc Gain
Title
Vice President
Phone
8082838944
Signed
2024-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phil Mc Gain
Formed
2000
Legal Domicile
Hi
Voting Board Members
7
Independent Board Members
330
Employees
0
Volunteers
0

Preparer

Firm
Deborah Daniells & Associates Cpas Inc
Address
106 CENTRAL AVE, WAILUKU, HI 96793
Phone
8089860737
Raw XML Appendix313 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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IRS990/USAddress/CityNm0PAIA
IRS990/USAddress/StateAbbreviationCd0HI
IRS990/USAddress/ZIPCd096779
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt0330
IRS990/WebsiteAddressTxt0WWW.PWAWORLDTOUR.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PHIL MC GAIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08082838944
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROFESSIONAL WINDSURFERS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0PROF
ReturnHeader/Filer/EIN0990353054
ReturnHeader/Filer/PhoneNum08082838944
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 791656
ReturnHeader/Filer/USAddress/CityNm0PAIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0HI
ReturnHeader/Filer/USAddress/ZIPCd096779
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0990338574
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DEBORAH DANIELLS & ASSOCIATES CPAS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0106 CENTRAL AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAILUKU
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0HI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd096793
ReturnHeader/PreparerPersonGrp/PhoneNum08089860737
ReturnHeader/ReturnTs02024-02-15T18:02:08-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PHIL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MC GAIN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.00$0.16$0.89$0.86$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.00$0.13$0.69$0.83$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.26$0.02$0.28$0.75$0.75$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.00$0.27$0.35$0.43$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.01$0.35$0.12$0.27$0.15
2019Summary only. Only limited summary data is available for this year.$0.54$0.04$0.50$1.75$1.76$0.01
2018Summary only. Only limited summary data is available for this year.$0.52$0.01$0.51$1.51$1.38$0.14
2017Summary only. Only limited summary data is available for this year.$0.41$0.03$0.38$1.20$1.23$0.02
2016Summary only. Only limited summary data is available for this year.$0.40$0.00$0.40$1.42$1.40$0.02
2015Summary only. Only limited summary data is available for this year.$0.39$0.01$0.38$1.34$1.37$0.02
2014Summary only. Only limited summary data is available for this year.$0.41$0.01$0.40$1.76$1.77$0.00
2013Summary only. Only limited summary data is available for this year.$0.41$0.00$0.40$1.21$1.13$0.09
2012Summary only. Only limited summary data is available for this year.$0.32$0.00$0.32$1.27$1.34$0.07
2011Summary only. Only limited summary data is available for this year.$0.39$0.00$0.39$1.72$1.76$0.04
2010Summary only. Only limited summary data is available for this year.$0.44$0.01$0.43$1.24$1.21$0.03