2015-11-13T15:19:06-06:00 2014-12-31 273670123 SCHLISSEL & ASSOCIATES LLC 1164 BISHOP STREET - STE 1612 HONOLULU HI 96813 990 2014-01-01 237302232 POLYNESIAN VOYAGING SOCIETY POLY 8088421101 10 SAND ISLAND PARKWAY HONOLULU HI 96819 DENNIS FERN TREASURER 8088421101 2015-11-13 1 ALAN M SCHLISSEL P01451320 8087327232 2014 2016-02-25 16:41:14Z NAINOA THOMPSON 10 SAND ISLAND PARKWAY HONOLULU HI 96819 4442470 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 19 950 0 0 1882812 4180453 0 0 174 49023 10326 58979 1893312 4288455 0 0 0 0 578444 809226 0 0 160409 984050 1787475 1562494 2596701 330818 1691754 1923169 2415724 1483070 1523878 440099 891846 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 1866663 IN 2014, THE ORGANIZATION PROVIDED OUTREACH AND EDUCTION ABOUT TRADITIONAL NATIVE HAWAIIAN VOYAGING AND NAVIGATION TO AN ESTIMATED 20,000 PEOPLE IN HAWAII VIA DRY DOCK WORK, CREW TRAINING, COMMUNITY AND SCHOOL OUTREACH PROGRAMS AND VOYAGES THROUGHOUT HAWAII FROM JANUARY THROUGH MAY. IN JUNE, BOTH OF OUR DOUBLE-HULLED VOYAGING CANOES SET SAIL FOR THE START OF OUR WORLDWIDE VOYAGE, REACHING APPROXIMATELY 16,000 PEOPLE THROUGHOUT THE PACIFIC FROM JUNE THROUGH DECEMBER VIA DRY DOCK WORK, 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 6,500,000. 1866663 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 1 11 0 19 1 0 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 104000 0 0 BRUCE BLANKENFELD VICE CHAIR 40.00 X X 93600 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 93600 0 6503 CLYDE NAMUO CHIEF EXECUTIVE OFFICER 40.00 X 100000 0 0 391200 0 6503 1 0 0 0 0 30628 395193 3754632 119174 4180453 201656 152633 49023 49023 49023 42585 1382 41203 41203 OTHER INCOME 900099 17776 17776 17776 4288455 108002 0 0 X 397703 196821 160082 40800 320380 195105 81787 43488 36767 21402 11670 3695 54376 29850 18085 6441 53717 11100 42617 934372 846987 21400 65985 6819 4501 2318 16066 8033 8033 220507 145535 74972 24393 15718 8675 2504 2504 63072 59944 3128 22553 21585 968 SUPPLIES & EQUIPMENT 266853 184180 82673 REPAIRS & MAINTENANCE 80567 79941 626 TELECOMMUNICATIONS 58466 36729 21737 MEMBERSHIP DUES 11717 11717 25869 6728 19141 2596701 1866663 569629 160409 442955 298611 72077 610000 0 13691 0 170033 31580 30198 4833 16759 1523489 247057 1371724 1276432 1923169 2415724 113004 320584 235982 148630 1102668 1004673 31416 49991 1483070 1523878 X 415142 871210 24957 20636 440099 891846 1923169 2415724 X 1691754 -1240007 X X 0 1 X 1 0 X 52522 184944 137513 1882812 4590453 6848244 52522 184944 137513 1882812 4590453 6848244 1035935 5812309 787 457 6 174 1424 80000 104 6 17776 97886 6947554 1492212 0.83660 0.78410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1523489 247057 1276432 1276432 ACCRUED VACATION 49720 ACCRUED GET 271 49991 X 5037663 1131856 87352 1219208 3818455 470000 470000 4288455 4585916 1131856 857359 1989215 2596701 0 2596701 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, 2014 AND 2013. PART XI, LINE 2D - OTHER ADJUSTMENTS: DEFERRED GRANT REVENUE 87,352. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTION PLEDGES - 2013 UNRECOGNIZED 470,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: ACCRUED VACATION NOT PAID 21,359. BAD DEBT EXPENSE 836,000. X X X X X 1 MATARIKI GROUP LLC 7473 MAKAA STREET HONOLULU HI 96825 FUND DEVELOPMENT STRATEGY & IMPLEMENTATION 0 0 48828 0 NANCY BARRY 1933 WILHELMINA RISE HONOLULU HI 96816 FUND DEVELOPMENT STRATEGY EVALUATION & IMPROVEMENT 0 0 25000 0 73828 HI SCHEDULE G, PART I, LINE 2B, COLUMN (V) MATARIKI GROUP LLC PROVIDES PROFESSIONAL SERVICES RELATED TO FUNDRAISING TO SUPPORT THE WORLDWIDE VOYAGE AND THE SUSTAINABILITY OF THE ORGANIZATION; IDENTIFICATION OF POTENTIAL DONORS/FUNDING; AND IMPLEMENTATION OF FUNDRAISING STRATEGIES. NANCY BARRY PROVIDES PROFESSIONAL SERVICES RELATED TO EVALUATION OF FUND DEVELOPMENT STRATEGIES AND ALSO PROVIDES RECOMMENDATIONS ON STRATEGY IMPROVEMENT. BRUCE BLANKENFELD OFFICER/DIRECTOR WITH A FAMILY RELATIONSHIP WITH ANOTHER OFFICER/DIRECTOR 93600 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 104000 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 X 7700 COST X 1 79500 APPRAISAL X GENERATOR 1 9540 COST X 40 FOOT CONTAINER 1 4950 COST X MARINE EQUIPMENT 1 4540 COST X PAINT 4 4399 COST X SUPPLIES 11 4381 COST X FOOD DONATIONS 12 4164 COST 1 0 0 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 630,684. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 630,684. PROF FEES - ESCORT BOAT: PROGRAM SERVICE EXPENSES 7,772. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,772. PROF FEES - OTHER: PROGRAM SERVICE EXPENSES 201,930. MANAGEMENT AND GENERAL EXPENSES 21,400. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 223,330. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 5,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,000. PROF FEES - FUND DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 65,985. TOTAL EXPENSES 65,985. PROF FEES - SAIL: PROGRAM SERVICE EXPENSES 1,601. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,601. FORM 990, PART XI, LINE 9: DEFERRED GRANTS INCLUDED IN FORM 990 INCOME 87,352. PLEDGED CONTRIBUTIONS INCLUDED IN FORM 990 INCOME -470,000. ACCRUED VACATION NOT INCLUDED IN FORM 990 EXPENSES -21,359. ALLOWANCE FOR PLEDGED CONTRIBUTIONS -836,000. 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.