2022-11-15T14:06:06-06:00 2021-12-31 273670123 SCHLISSEL & ASSOCIATES LLC 1164 BISHOP STREET - STE 1612 HONOLULU HI 96813 990 2021-01-01 237302232 POLYNESIAN VOYAGING SOCIETY POLY 8088421101 10 SAND ISLAND PARKWAY HONOLULU HI 96819 ERIC CO TREASURER 8088421101 2022-11-15 1 ERIC CO 999009999 ALAN M SCHLISSEL P01451320 8087327232 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z NAINOA THOMPSON 10 SAND ISLAND PARKWAY HONOLULU HI 96819 1109029 0 X HTTP://HOKULEA.COM X 1973 HI THE POLYNESIAN VOYAGING SOCIETY HAS LAUNCHED (THROUGH THE RENOVATION OF OUR VOYAGING CANOE, HOKULE'A) SAIL PLANS FOR HAWAI'I-WIDE EDUCATIONAL PROGRAMS/VOYAGES AND A SAIL PLAN FOR A WORLDWIDE VOYAGE. THE PURPOSE OF THE WORLDWIDE VOYAGE IS TO BECOME A CATALYST FOR POSITIVE CHANGE IN HAWAI'I BY CONSTANTLY LEARNING FROM AND NUTURING RELATIONSHIPS WORLDWIDE THAT SHARE THE VALUES AND RESPONSIBILITY OF CARING FOR ISLAND EARTH, HER OCEANS AND CHILDREN, WHILE HONORING OUR HERITAGE AND PERPETUATING OUR CULTURE. 16 14 11 90 0 0 1049940 1041193 0 0 -25431 -17 21590 55259 1046099 1096435 0 0 0 0 626993 586022 28014 0 750 366079 509827 1021086 1095849 25013 586 1986413 1847181 365157 225339 1621256 1621842 X FOUNDED ON A LEGACY OF PACIFIC OCEAN EXPLORATION, THE POLYNESIAN VOYAGING SOCIETY SEEKS TO PERPETUATE THE ART AND SCIENCE OF TRADITIONAL POLYNESIAN VOYAGING AND THE SPIRIT OF EXPLORATION THROUGH EXPERIENTIAL EDUCATIONAL PROGRAMS THAT INSPIRE STUDENTS AND THEIR COMMUNITIES TO RESPECT AND CARE FOR THEMSELVES, EACH OTHER, AND THEIR NATURAL AND CULTURAL ENVIRONMENTS. 0 0 551164 55242 THE BEGINNING OF 2021 SAW PVS FOCUSED ON THE REVISION OF MAJOR SYSTEMS ONBOARD OUR SAILING CANOES AS WE PREPARED THEM FOR THEIR NEXT VOYAGE AROUND THE PACIFIC. OF PARTICULAR FOCUS WAS INCREASING THE POWER CAPABILITY OF HIKIANALIA, WHICH SERVES AS EMERGENCY AND SAFETY SUPPORT TO OUR OTHER CANOE HOKULE'A IS STRICTLY SAIL-POWERED. THIS INVOLVED REFITTING THE TWIN HULLS OF THE CANOE WITH A PAIR OF NEW YANMAR DIESEL ENGINES AND TESTING THESE ENGINES WITH THE USE OF CLEAN BIOFUELS THROUGH OUR WORK WITH PACIFIC BIODIESEL. THE PROCESS TO MANY MONTHS TO COMPLETE AND WE USED THE OPPORTUNITY TO FURTHER UPGRADE THE ELECTRICAL, RADIO, AND SATELLITE COMMUNICATIONS SYSTEMS ONBOARD BOTH VESSELS. NEW DONATED KVH SATELLITE DISHES WERE INSTALLED ON EACH VESSEL TO SUPPORT THE DAILY EDUCATIONAL PROGRAMMING THAT FOLLOWS THE VOYAGES AND SHARED THROUGH OUR WEB PLATFORMS.WE CONDUCTED 2 MAJOR VOYAGING PROGRAMS IN THE YEAR 2021. THE FIRST WAS A PLANNED VOYAGE TO THE DOLDRUMS/ITCZ REGION OF THE EQUATOR BETWEEN HAWAII AND TAHITI. THIS VOYAGE WOULD SERVE AS THE FIRST MAJOR TRAINING SAIL SINCE THE COVID PANDEMIC SHUTDOWN OPERATIONS AND BRING LIGHT TO THE STORY OF SOME OF THE EARTH SYSTEMS THAT GOVERN OUR OCEAN AND WEATHER. PARTICIPANTS IN THE VOYAGE INCLUDED A GROUP OF NEW TRAINING CREW MEMBERS AND NAVIGATORS WHO WOULD BE TESTED FOR THE FIRST TIME IN THEIR SEAMANSHIP AND NAVIGATION SKILL IN THE OPEN-OCEAN. BOTH OF OUR SAILING CANOES HOKULE'A AND HIKIANALIA WOULD TAKE PART IN THE VOYAGE, WITH HOKULE'A LEADING THE SAILING AND HIKIANALIA PROVIDING LOGISTICAL, SAFETY, AND COMMUNICATIONS SUPPORT. A COMBINATION OF COVID-RELATED DELAYS AND HEALTH PRECAUTIONS AS WELL AS INCLEMENT WEATHER PATTERNS DID LEAD TO THE DURATION OF THE VOYAGE BEING SHORTENED THAN THE ORIGINAL DISTANCE, HOWEVER THE EXERCISE WAS CONSIDERED A SUCCESS IN FURTHER PREPARING PVS AND THE CREW FOR THE UPCOMING MOANANUIAKEA VOYAGE. THE VOYAGE WOULD TEST THE RECENTLY INSTALLED PROPULSION EQUIPMENT ONBOARD THE HIKIANALIA AS WELL AS THE COMMUNICATION SYSTEM THAT WOULD PROVIDE REGULAR MEDIA UPDATES TO OUR NEWLY DEVELOPED WEB PLATFORMS.UPON RETURN FROM THE DOLDRUMS VOYAGE IN THE SPRING/SUMMER OF 2021, WE SET OUT ON A VOYAGE IN PARTNERSHIP WITH NOAA TO THE PAPAHANAUMOKUAKEA MARINE NATIONAL MONUMENT (PMNM). AGAIN, THIS WOULD UTILIZE BOTH OUR SAILING CANOES HOKULE'A AND HIKIANALIA. THIS VOYAGE WAS SPECIFICALLY MEANT TO TRAIN A GROUP OF 6 YOUNG NAVIGATORS IN THE BASICS OF NON-INSTRUMENT WAYFINDING BY UTILIZING THE REMOTE NORTHWESTERN HAWAIIAN ISLANDS AS A TRADITIONAL TRAINING COURSE. THEY WOULD WORK AS A TEAM TO LOCATE THE TINY ISLANDS OF NIHOA, MOKU MANANMANA, AND THE FRENCH FRIGATE SHOALS. ACCOMPANYING THIS JOURNEY WAS A LEAD SCIENTIST FROM NOAA WHO WOULD FOCUS ON SURVEYS OF THE ATOLLS AND SURROUNDING REEFS, AS THE FIRST VISUAL REVIEW OF THE SITES SINCE PANDEMIC-RELATED LOCKDOWNS ELIMINATED ACCESS TO PMNM. ONBOARD WE CONDUCTED FURTHER TESTING OF LIVE-VIDEO CAPABILITIES STREAMED THROUGH OUR SATELLITE COMMUNICATIONS SYSTEMS AND DOCUMENTED THE JOURNEY FOR AN UPCOMING PATAGONIA FILM. 551164 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 15 0 1 11 1 0 0 0 0 0 0 0 0 0 0 X 16 14 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 HI X THE ORGANIZATION 8088421101 10 SAND ISLAND PARKWAY HONOLULU HI 96819 ANN BOTTICELLI DIRECTOR 0.50 X 0 0 0 ANTHONY MALLOTT DIRECTOR 0.50 X 0 0 0 BRUCE BLANKENFELD VICE CHAIR 0.50 X X 0 0 0 CATHERINE FULLER DIRECTOR 0.50 X 0 0 0 DENNIS FERN DIRECTOR 0.50 X 0 0 0 ERIC CO SECRETARY/TREASURER 0.50 X X 0 0 0 DR NATHAN WONG DIRECTOR 0.50 X 0 0 0 HARDY SPOEHR DIRECTOR 0.50 X 0 0 0 HARRY HO DIRECTOR 0.50 X 0 0 0 MICHAEL CHUN DIRECTOR 0.50 X 0 0 0 MICHAEL CUNNINGHAM DIRECTOR 0.50 X 0 0 0 NEIL HANNAHS CHAIRMAN 0.50 X X 0 0 0 TIM JOHNS DIRECTOR 0.50 X 0 0 0 WILLIAM TAM DIRECTOR 0.50 X 0 0 0 CHARLES NAINOA THOMPSON CHEIF EXECUTIVE OFFICER 40.00 X 155948 0 14137 ERICA LEHUA KAMALU DIRECTOR OF VOYAGING 40.00 X 90000 0 14137 CLYDE NAMUO CHEIF EXECUTIVE OFFICER 40.00 X 1846 0 0 RAE LEE CONTROLLER 40.00 X 27746 0 0 275540 0 28274 1 0 1 0 0 86228 284641 670324 1041193 2532 2549 -17 -17 -17 60636 10045 50591 50591 OTHER INCOME 900099 4668 4668 4668 1096435 55242 0 0 X 303813 182815 120998 222388 21393 200995 59821 28851 30970 114815 60757 54058 3359 3351 8 47326 22698 24628 5656 4125 1531 3759 3174 585 4470 2270 2200 73953 63430 10523 87805 64183 23622 SUPPLIES & EQUIPMENT 67199 30474 35975 750 REPAIRS & MAINTENANCE 23769 3443 20326 MISCELLANEOUS 22557 22557 BANK FEES 22377 22377 32782 15266 17516 1095849 551164 543935 750 641435 612099 85414 30000 0 493 18897 32736 28493 21581 1766474 646252 1182124 1120222 30050 30050 1986413 1847181 22210 29637 34648 2663 280500 150000 27799 43039 365157 225339 X 1395643 1212672 225613 409170 1621256 1621842 1986413 1847181 586 0 X X 0 1 X 0 0 X 2080617 1874663 1356837 1049940 1041193 7403250 2080617 1874663 1356837 1049940 1041193 7403250 1911855 5491395 3910 1386 34 12 5342 1800 13319 4668 19787 7428379 553720 0.73920 0.68820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1766474 646252 1120222 1120222 ACCRUED VACATION 33643 ACCRUED GET -1190 OTHER LIABILITIES 6408 ACCRUED INTEREST 4178 43039 X 1503604 398126 9196 407322 1096282 153 153 1096435 1503018 398126 9196 407322 1095696 153 153 1095849 PART X, LINE 2: FOOTNOTE TO FINANCIAL STATEMENTS - INCOME TAXES EXEMPTION: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE 501(C)(3)AND IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN INTERNAL REVENUE CODE 509(A). THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAXES UNDER THE HAWAI'I REVISED STATUTES 235. IN EVALUATING A TAX POSITION FOR RECOGNITION, THE ORGANIZATION EVALUATES WHETHER IT IS MORE-LIKELY-THAN-NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. IF THE TAX POSITION MEETS THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE TAX POSITION IS MEASURED AND RECOGNIZED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT, IN MANAGEMENT'S JUDGMENT, IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ORGANIZATION DETERMINED THAT IT HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE REPORTED IN ACCORDANCE WITH U.S. GAAP AS OF DECEMBER 31, 2021 AND 2020. IT IS THE ORGANIZATION'S POLICY TO ACCRUE INTEREST RELATED TO ANY UNRECOGNIZED TAX BENEFITS, AS WELL AS ANY RELATED PENALTIES IN OTHER EXPENSES. THE ORGANIZATION DID NOT RECOGNIZE ANY INTEREST OR PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS DURING THE YEARS ENDED DECEMBER 31, 2021 AND 2020. THE ORGANIZATION FILES INFORMATION RETURNS IN THE UNITED STATES ("U.S.") FEDERAL JURISDICTION. THE ORGANIZATION'S EVALUATION OF TAX POSITIONS WAS PERFORMED FOR THE YEARS ENDED DECEMBER 31, 2018 THROUGH 2020, FOR THE U.S. FEDERAL JURISDICTION, THE TAX YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AS OF DECEMBER 31, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES - SALES OF INVENTORY 9,196. EXPENSES - SALES OF ASSETS PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES - OTHER INCOME 153. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES - SALES OF INVENTORY 9,196. EXPENSES - SALES OF ASSETS PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES - OTHER INCOME 153. 0 0 0 0 0 0 0 0 0 CHARLES NAINOA THOMPSON CHEIF EXECUTIVE OFFICER 155948 0 0 0 0 0 0 0 14137 0 170085 0 0 0 CHARLES NAINOA THOMPSON OFFICER/DIRECTOR WITH A FAMILY RELATIONSHIP WITH ANOTHER OFFICER/DIRECTOR 170085 PAYMENT OF COMPENSATION TO A FAMILY MEMBER OF A CURRENT OFFICER/DIRECTOR. PRESIDENT CHARLES NAINOA THOMPSON RECEIVED COMPENSATION FOR SERVICES PERFORMED AS AN EMPLOYEE OF THE ORGANIZATION. 0 FORM 990, PART VI, SECTION A, LINE 2 PRESIDENT NAINOA THOMPSON AND VICE PRESIDENT BRUCE BLANKENFELD ARE BROTHERS-IN-LAW. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE FORM 990 WITH THE INTERNAL REVENUE SERVICE, A COPY OF THE DRAFT FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMBERS ARE REQUIRED TO READ THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND PROVIDE A SIGNED STATEMENT OF UNDERSTANDING. IF A POTENTIAL CONFLICT OF INTEREST OCCURS, IT IS REVIEWED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 OFFICER COMPENSATION IS APPROVED BY BOARD OF DIRECTORS AS PART OF THE ANNUAL OPERATING BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE THROUGH THE STATE OF HAWAII DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS. THE ORGANIZATION ALSO MAKES GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PROF FEES - OTHER: PROGRAM SERVICE EXPENSES 50,183. MANAGEMENT AND GENERAL EXPENSES 47,854. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 98,037. PROF FEES - SAILING: PROGRAM SERVICE EXPENSES 10,574. MANAGEMENT AND GENERAL EXPENSES 6,204. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,778. FORM 990, PART XII, LINE 2C THE OVERSIGHT AND SELECTION OF THE INDEPENDENT AUDITOR IS THE RESPONSIBILITY OF THE BOARD OF DIRECTORS. WRITTEN BIDS FROM VARIOUS CPAS ARE SOLICITED AND THE SELECTION OF THE AUDITOR IS BASED ON THE AUDITOR'S EXPERIENCE IN NONPROFIT FINANCES, REPUTATION AND REASONABLENESS OF THE BID AMOUNT. THE BOARD REVIEWS THE AUDITED FINANCIAL STATEMENTS WITH THE AUDITOR BEFORE APPROVAL. THE OVERSIGHT AND SELECTION PROCESS HAVE NOT CHANGED DURING THE TAX YEAR.