Form 990, Page 6, Part VI, Line 11B
“Copy of form 990 is presented to the board for review prior to being filed.”
990 • Fiscal year 2016 • EIN 99-0354795
Scores are not available for this record yet.
Assets
Up$4,160,001
Up $1,571,506 (+61%) from 2015
Net Assets
Up$2,255,865
Up $1,521,671 (+207%) from 2015
Liabilities
Up$1,904,136
Up $49,835 (+2.7%) from 2015
Revenue
Up$1,570,249
Up $1,288,284 (+457%) from 2015
Expenses
Down$48,578
Down $25,061 (-34%) from 2015
Net Income
Up$1,521,671
Up $1,313,345 (+630%) from 2015
To provide fiscal and support services and infrastructure for connections public charter school and to operate exclusively for charitable, scientific, literary, religious and educational purposes.
To provide support services and infrastructure for connections public charter school and to operate exclusively for charitable, scientific, literary, religious and educational purposes.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,100,075 | $3,488,911 | ▲ $1,388,836 |
| Savings and Temporary Cash Investments | $377,848 | $499,913 | ▲ $122,065 |
| Cash and Non-Interest-Bearing Accounts | $10,156 | $116,671 | ▲ $106,515 |
| Accounts Receivable | $28,893 | $42,550 | ▲ $13,657 |
| Prepaid Expenses and Deferred Charges | $12,434 | $11,956 | ▼ $478 |
| Total Assets | $2,588,495 | $4,160,001 | ▲ $1,571,506 |
| Other Assets Total | $59,089 | - | - |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,836,289 | $1,774,729 | ▼ $61,560 |
| Accounts Payable and Accrued Expenses | $10,446 | $72,836 | ▲ $62,390 |
| Deferred Revenue | - | $49,005 | - |
| Other Liabilities | $7,566 | $7,566 | → $0 |
| Total Liabilities | $1,854,301 | $1,904,136 | ▲ $49,835 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $734,194 | $2,245,865 | ▲ $1,511,671 |
| Temporarily Rstr Net Assets | - | $10,000 | - |
| Total Net Assets Fund Balance | $734,194 | $2,255,865 | ▲ $1,521,671 |
| Total Liabilities and Net Assets / Fund Balance | $2,588,495 | $4,160,001 | ▲ $1,571,506 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $3,027,211 | $518,474 | $3,545,685 |
| Land | $461,700 | - | $461,700 |
| Equipment | - | $15,646 | $15,646 |
| Name | Title | Other | Total |
|---|---|---|---|
| John Thatcher | Director | $90,036 | $90,036 |
| Grace Chao | Director | $72,024 | $72,024 |
| Sandy Kelley | Director | $54,170 | $54,170 |
| Heather J Mcdaniel | President | $38,427 | $38,427 |
| Name | Title |
|---|---|
| Libby Oshiyama | Director |
| Lawrence Jackson | Secretary |
| Snookie Mello | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $38,578 |
| Grants and Similar Amounts Paid | $10,000 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Legal | $19,289 | $19,289 | - | $38,578 |
| Grants to Domestic Orgs | $10,000 | - | - | $10,000 |
| Total Functional Expenses | $29,289 | $19,289 | $0 | $48,578 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $356,201 |
| Expenses Not Reported on Form 990 | $307,623 |
| Expenses per Audited Statements | $48,578 |
| Total Expenses per Form 990 | $48,578 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Connections Public Charter School | Hilo, HI | Gov | Support | $10,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Security Deposits | $7,566 |
“Copy of form 990 is presented to the board for review prior to being filed.”
“Persons with any suspected conflict on interest must disclose all material facts to governing board or committee and remove him/herself from metting and allow governing board to make final determination.”
“The organization makes its governing documents available to the public upon request by contacting cbess at 808-935-3627, 174 kamehameha ave., hilo, hi 96720. The form is also available on guidestar.”
“Rental expenses reported in part viii, line 6b 307,623 rental expenses reported in part viii, line 6b -307,623”
“The organization is exempt from federal income taxes under section 501(c) (3) of the internal revenue code and applicable state law. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the organization and various positions related to the potential sources of unrelated business taxable income (ubit). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for fiscal year 2016 and 2015. The organization files its forms 990 in the u.s. Federal jurisdiction and the office of the state's attorney general for the state of hawai'i. The organization is generally no longer subject to examination by the internal revenue service for years before 2013.”
“Rental expenses reported in part viii, line 6b 307,623”
“Rental expenses reported in part viii, line 6b 307,623”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR FISCAL YEAR 2016 AND 2015. THE ORGANIZATION FILES ITS FORMS 990 IN THE U.S. FEDERAL JURISDICTION AND THE OFFICE OF THE STATE'S ATTORNEY GENERAL FOR THE STATE OF HAWAI'I. THE ORGANIZATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2013. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | RENTAL EXPENSES REPORTED IN PART VIII, LINE 6B 307,623 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | RENTAL EXPENSES REPORTED IN PART VIII, LINE 6B 307,623 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 4, PART XI, LINE 2D |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | SCHEDULE D, PAGE 4, PART XII, LINE 2D |
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| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | GRANTS ARE REVIEWED FOR ALIGNMENT WITH THE MISSION AND VISION. THE SCHOOL REPORTS EXPENDITURES FOR THE PROGRAM TO THE NONPROFIT. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | COPY OF FORM 990 IS PRESENTED TO THE BOARD FOR REVIEW PRIOR TO BEING FILED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PERSONS WITH ANY SUSPECTED CONFLICT ON INTEREST MUST DISCLOSE ALL MATERIAL FACTS TO GOVERNING BOARD OR COMMITTEE AND REMOVE HIM/HERSELF FROM METTING AND ALLOW GOVERNING BOARD TO MAKE FINAL DETERMINATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST BY CONTACTING CBESS AT 808-935-3627, 174 KAMEHAMEHA AVE., HILO, HI 96720. THE FORM IS ALSO AVAILABLE ON GUIDESTAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | RENTAL EXPENSES REPORTED IN PART VIII, LINE 6B 307,623 RENTAL EXPENSES REPORTED IN PART VIII, LINE 6B -307,623 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 12C |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART XI, LINE 9 |
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| IRS990/TotalLiabilitiesEOYAmt | 0 | 1904136 |
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| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | HEATHER J MCDANIEL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8089356015 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-03-13 |
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| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | SERVICES-FRIENDS OF CONNECTIONS |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | COMM |
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| ReturnHeader/Filer/PhoneNum | 0 | 8089356015 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 174 KAMEHAMEHA AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HILO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | HI |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.