2021-11-11T17:38:45-06:00 2020-12-31 273670123 SCHLISSEL & ASSOCIATES LLC 1164 BISHOP STREET - STE 1612 HONOLULU HI 96813 990 2020-01-01 237302232 POLYNESIAN VOYAGING SOCIETY POLY 8088421101 10 SAND ISLAND PARKWAY HONOLULU HI 96819 ANN BOTTICELLI DIRECTOR 8088421101 2021-11-11 1 ANN BOTTICELLI 999009999 ALAN M SCHLISSEL P01451320 8087327232 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z NAINOA THOMPSON 10 SAND ISLAND PARKWAY HONOLULU HI 96819 1145353 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 10 250 0 0 1356837 1049940 0 0 -96 -25431 27703 21590 1384444 1046099 0 0 0 0 757435 626993 27528 28014 264092 524357 366079 1309320 1021086 75124 25013 1886387 1986413 290144 365157 1596243 1621256 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 533002 THROUGHOUT 2020, THE ORGANIZATION WORKED WITHIN THE CONFINES OF RESPONDING TO THE CORONAVIRUS PANDEMIC AND CONTINUED WITH ITS MISSION. PUTTING THE HEALTH OF CREW, VOLUNTEERS AND OHANA AT THE FOREFRONT REQUIRED ADDITIONAL SAFETY MEASURES BUT THE ORGANIZATION WAS STILL ABLE TO ACCOMPLISH MANY OF ITS GOALS. MOST IMPORTANTLY, THE TWO MAIN SAILING CANOES WERE PUT THROUGH EXTENSIVE DRY DOCK. HOKULEA WAS RELASHED, HER DECKBOARDS AND CATWALKS WERE REPLACED, AN SHE WAS MADE MUCH LIGHTER. HIKIANALIA HAD BIODIESEL ENGINES INSTALLED AND HAD OTHER NECESSARIY REPAIRS. THESE REPAIRS WERE MADE WITH THE UPCOMING MOANANUIAKEA VOYAGE IN MIND. RELATEDLY, THE ORGANIZATION'S LEADERSHIP HAS BEEN PREPARING, PLANNING, AND FOSTERING PARTNERSHIPS TO MOVE FORWARD WITH THE AMBITIOUS PLAN TO CIRCUMNAVIGATE THE PACIFIC OCEAN. CONNECTED TO THIS, AND THE OVERALL MISSION, THE ORGANIZATION CONDUCTED TRAININGS (VIRTUALLY, IN-PERSON, ON LAND AND ON WA'A) TO PREPARE THE CREW AND NAVIGATORS. 533002 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 17 0 1 10 0 0 0 0 0 0 1 1 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 BRUCE BLANKENFELD VICE CHAIR 0.50 X X 0 0 0 CATHERINE FULLER DIRECTOR 0.50 X 0 0 0 DENNIS FERN 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 SECRETARY 0.50 X X 0 0 0 NEIL HANNAHS CHAIRMAN 0.50 X X 0 0 0 ROBERT WITT DIRECTOR 0.50 X 0 0 0 TIM JOHNS DIRECTOR 0.50 X 0 0 0 WILLIAM ORNELLAS DIRECTOR 0.50 X 0 0 0 WILLIAM TAM DIRECTOR 0.50 X 0 0 0 CHARLES NAINOA THOMPSON PRESIDENT 40.00 X 155948 0 6775 CLYDE NAMUO CHIEF EXECUTIVE OFFICER 40.00 X 38000 0 0 SONJA SWENSON COMMUNICATIONS DIRECTOR 40.00 X 108800 0 6775 302748 0 13550 2 0 1 0 0 69180 135000 48000 797760 3133 1049940 12 12 5000 30443 -25443 -25443 -25443 0 135000 30808 -30808 -30808 77082 38003 39079 39079 OTHER INCOME 900099 13319 13319 13319 1046099 26955 0 -30796 200723 81362 28500 90861 351503 164819 102349 84335 74767 32051 21900 20816 4175 2088 2087 25131 12566 12565 28014 28014 13661 4109 5388 4164 39402 25552 9170 4680 12793 9593 640 2560 6643 6542 101 3351 3351 69515 59426 10089 61714 60232 1482 REPAIRS & MAINTENANCE 44275 44014 261 SUPPLIES & EQUIPMENT 37312 24229 4564 8519 SUBSCRIPTIONS 13031 6153 6878 POSTAGE & DELIVERY 11456 4780 6676 23620 6419 10713 6488 1021086 533002 223992 264092 541825 641435 37000 85414 27477 18897 30328 28493 1754423 572299 1219707 1182124 30050 30050 1886387 1986413 49892 22210 220255 34648 0 280500 19997 27799 290144 365157 X 1373565 1395643 222678 225613 1596243 1621256 1886387 1986413 25013 0 X X 0 1 X 1 0 X 918853 2080617 1874663 1356837 1049940 7280910 918853 2080617 1874663 1356837 1049940 7280910 2251979 5028931 6286 3910 1386 34 12 11628 1800 13319 15119 7307657 572501 0.68820 0.62870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1754423 572299 1182124 1182124 ACCRUED VACATION 20739 ACCRUED GET 2443 OTHER LIABILITIES 1268 ACCRUED INTEREST 3349 27799 X 1382782 275397 61885 337282 1045500 599 599 1046099 1357769 275397 61885 337282 1020487 599 599 1021086 PART X, LINE 2: FOOTNOTE TO FINANCIAL STATEMENTS - INCOME TAXES EXEMPTION: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN INTERNAL REVENUE CODE SECTION 509(A). THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAXES UNDER THE HAWAII REVISED STATUTES SECTION 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. 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 YEAR ENDED DECEMBER 31, 2020 AND 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES - SPECIAL EVENTS 24,733. EXPENSES - SALES OF INVENTORY 34,534. EXPENSES - SALES OF ASSETS 2,618. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES - OTHER INCOME 599. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES - SPECIAL EVENTS 24,733. EXPENSES - SALES OF INVENTORY 34,534. EXPENSES - SALES OF ASSETS 2,618. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES - OTHER INCOME 599. X X X X X X X 1 TRIDASON LLC PO BOX 1361 HONOLULU HI 96807 GRANT WRITING & REPORTING 0 449875 28014 421861 449875 28014 421861 DOCUMENTARY 135000 135000 30808 135000 135000 30808 30808 -30808 0 0 0 0 0 0 0 0 0 CHARLES NAINOA THOMPSON PRESIDENT 155948 0 0 0 0 0 0 0 6775 0 162723 0 0 0 CHARLES NAINOA THOMPSON OFFICER/DIRECTOR WITH A FAMILY RELATIONSHIP WITH ANOTHER OFFICER/DIRECTOR 162723 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 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.