2016-11-15T14:58:26-06:00 2015-12-31 273670123 SCHLISSEL & ASSOCIATES LLC 1164 BISHOP STREET - STE 1612 HONOLULU HI 96813 990 2015-01-01 237302232 POLYNESIAN VOYAGING SOCIETY POLY 8088421101 10 SAND ISLAND PARKWAY HONOLULU HI 96819 DENNIS FERN TREASURER 8088421101 2016-11-15 1 ALAN M SCHLISSEL P01451320 8087327232 2015 2017-02-10 21:41:12Z NAINOA THOMPSON 10 SAND ISLAND PARKWAY HONOLULU HI 96819 3142911 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. 20 17 20 388 0 0 4180453 3037918 0 0 49023 5940 58979 97763 4288455 3141621 0 0 0 0 809226 955231 0 14465 135702 1787475 1858982 2596701 2828678 1691754 312943 2415724 4262253 1523878 1653964 891846 2608289 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 1820625 IN 2015, THE ORGANIZATION PROVIDED OUTREACH AND EDUCATION ABOUT TRADITIONAL NATIVE HAWAIIAN VOYAGING AND NAVIGATION AS WE VOYAGED AROUND THE WORLD AND FROM HOME, VIA CREW TRAINING, COMMUNITY AND SCHOOL OUTREACH PROGRAMS AND VOYAGES. THROUGH OUR DOCUMENTATION DISSEMINATION VIA OUR WEBSITE, SOCIAL MEDIA, NEWS CASTS AND PUBLICATIONS WORLDWIDE, WE ESTIMATE AN AUDIENCE/VIEWERSHIP OF APPROXIMATELY 10,000,000. OUR ICONIC VOYAGING CANOE HOKULE'A LEFT THE PACIFIC FOR THE FIRST TIME IN 2015, SAILING AND NAVIGATING TRADITIONALLY (WITH NO INSTRUMENTS) FROM NEW ZEALAND TO AUSTRALIA TO INDONESIA AND ACROSS THE INDIAN OCEAN TO MAURITIUS AND SOUTH AFRICA, WHERE WE CONDUCTED OUR ANNUAL MAINTENANCE DRY DOCK. OUR YOUNGER DOUBLE-HULLED VOYAGING CANOE, HIKIANALIA, SAILED HOME TO HAWAI'I FROM NEW ZEALAND TO PROVIDE A CREW TRAINING AND EDUCATIONAL/OUTREACH PLATFORM AT HOME. THUS, WE ARE MEETING OUR EDUCATIONAL, LEADERSHIP SUCCESSION, VOAYAGING TRAINING AND PERPETUATION, ENVIRONMENTAL AND CULTURAL OUTREACH, AND SEWING A LEI OF HOPE AROUND ISLAND EARTH AS WE CONNECT TO LIKE-MINDED COASTAL PEOPLE, PROVIDING PEACEFUL AND SUSTAINABLE SOLUTIONS FOR THE FUTURE OF OUR OCEANS AND CHILDREN. 1820625 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 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 14 0 1 20 0 0 0 0 0 0 0 0 0 X 20 17 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 CHARLES NAINOA THOMPSON DIRECTOR 40.00 X 115141 0 0 BRUCE BLANKENFELD VICE CHAIR 40.00 X X 102787 0 0 WILLIAM TAM DIRECTOR 0.50 X 0 0 0 WILLIAM ORNELLAS DIRECTOR 0.50 X 0 0 0 NEIL HANNAHS CHAIRMAN 0.50 X X 0 0 0 MICHAEL CUNNINGHAM SECRETARY 0.50 X X 0 0 0 MICHAEL CHUN DIRECTOR 0.50 X 0 0 0 LAURA THOMPSON DIRECTOR 0.50 X 0 0 0 DR NATHAN WONG DIRECTOR 0.50 X 0 0 0 DR BENJAMIN TAMURA DIRECTOR 0.50 X 0 0 0 DENNIS FERN TREASURER 0.50 X X 0 0 0 CATHERINE FULLER DIRECTOR 0.50 X 0 0 0 HARRY HO DIRECTOR 0.50 X 0 0 0 LILIKALA KAME'ELEIHIWA DIRECTOR 0.50 X 0 0 0 BYRON MALLOTT DIRECTOR 0.50 X 0 0 0 HARDY SPOEHR DIRECTOR 0.50 X 0 0 0 ROBERT WITT DIRECTOR 0.50 X 0 0 0 AUGUST YEE DIRECTOR 0.50 X 0 0 0 ANN BOTTICELLI DIRECTOR 0.50 X 0 0 0 TIM JOHNS DIRECTOR 0.50 X 0 0 0 HEIDI GUTH CHIEF OPERATING OFFICER 40.00 X 97344 0 6630 CLYDE NAMUO CHIEF EXECUTIVE OFFICER 40.00 X 86667 0 0 401939 0 6630 2 0 0 0 OIWI TELEVISION NETWORK 1839 KEEAUMOKU STREET HONOLULU HI 96822 MEDIA AND DOCUMENTARY SERVICES - VIDEO A 589930 1 16552 864241 2157125 14805 3037918 7082 7082 1142 -1142 -1142 -1142 96683 148 96535 96535 OTHER INCOME 900099 1228 1228 1228 3141621 96621 0 7082 X 408569 215695 152513 40361 419017 182528 173051 63438 63906 29398 25129 9379 63739 30815 24865 8059 63141 10524 52617 14465 14465 843113 652928 190185 2066 1364 702 14580 7290 7290 336988 222412 114576 45922 45474 448 2009 2009 68427 63704 4723 39836 39519 317 SUPPLIES & EQUIPMENT 183884 113190 70694 REPAIRS & MAINTENANCE 134699 134699 TELECOMMUNICATIONS 57654 30728 26926 WRITE-OFF PLEDGES 34075 34075 32588 4273 28315 2828678 1820625 872351 135702 298611 469508 610000 1209953 13691 1153627 170033 135598 30198 31164 16759 21211 1545218 304026 1276432 1241192 2415724 4262253 320584 425831 148630 137588 1004673 1006682 49991 83863 1523878 1653964 X 871210 2598290 20636 9999 891846 2608289 2415724 4262253 X 312943 1403500 X X 0 1 X 1 0 X 184944 137513 2752737 3586453 3037918 9699565 184944 137513 2752737 3586453 3037918 9699565 2518303 7181262 457 6 174 7082 7719 80000 104 6 17776 1228 99114 9806398 1138413 0.73230 0.83660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1545218 304026 1241192 1241192 ACCRUED VACATION 83362 ACCRUED GET 501 83863 X 6487256 3334593 11042 3345635 3141621 0 3141621 4770813 3334593 -1392458 1942135 2828678 0 2828678 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, 2015 AND 2014. PART XI, LINE 2D - OTHER ADJUSTMENTS: DEFERRED GRANT REVENUE 11,042. PART XII, LINE 2D - OTHER ADJUSTMENTS: ACCRUED VACATION NOT PAID 33,642. RECOVERY OF BAD DEBT EXPENSE -1,426,100. BRUCE BLANKENFELD OFFICER/DIRECTOR WITH A FAMILY RELATIONSHIP WITH ANOTHER OFFICER/DIRECTOR 102787 PAYMENT OF COMPENSATION TO A FAMILY MEMBER OF A CURRENT OFFICER/DIRECTOR. VICE PRESIDENT BRUCE BLAKENFELD RECEIVED COMPENSATION FOR SERVICES PERFORMED AS AN EMPLOYEE OF THE ORGANIZATION. 0 CHARLES NAINOA THOMPSON OFFICER/DIRECTOR WITH A FAMILY RELATIONSHIP WITH ANOTHER OFFICER/DIRECTOR 115141 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 DIRECTOR LAURA THOMPSON AND PRESIDENT NAINOA THOMPSON ARE MOTHER AND SON. PRESIDENT NAINOA THOMPSON AND VICE PRESIDENT BRUCE BLANKENFELD ARE BROTHERS-IN-LAW. FORM 990, PART VI, SECTION B, LINE 11 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 - DOCUMENTARY: PROGRAM SERVICE EXPENSES 544,961. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 544,961. PROF FEES - ESCORT BOAT: PROGRAM SERVICE EXPENSES 12,152. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,152. PROF FEES - OTHER: PROGRAM SERVICE EXPENSES 43,751. MANAGEMENT AND GENERAL EXPENSES 190,185. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 233,936. PROF FEES - SAIL: PROGRAM SERVICE EXPENSES 46,460. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,460. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 5,604. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,604. FORM 990, PART XI, LINE 9: DEFERRED REVENUE 11,042. ACCRUED VACATION NOT INCLUDED IN FORM 990 EXPENSES -33,642. ALLOWANCE FOR PLEDGED CONTRIBUTIONS 1,426,100. 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.