Kaiola Canoe Club
- Assets
- $52.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lihue, HI
- Founding
- 07/1992
- Data as of
- 12/2020
- EIN
- 99-0236180
Organization Overview
Kaiola Canoe Club is located in Lihue, HI. The organization was established in 1992. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kaiola Canoe Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Kaiola Canoe Club generated $12.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (51.3%) each year. All expenses for the organization totaled $20.2k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
KCC HAD APPROXIMATELY 62 MEMBERS IN 2020 WHICH WAS A SIGNIFICANT DECREASE DUE TO COVID. IN SPITE OF COVID, THE CLUB WAS ABLE TO PRACTICE AND RACE OCCASSIONALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pomaikai Kane President | 3 | $0 | |
Mitzi Yamamoto Secretary | 23 | $0 | |
Lori Parraga Treasurer | 31 | $0 | |
Andrew Reich Vice Preside | 5 | $0 | |
Phil Morgan Director | 15 | $0 | |
Wade Yamamoto Director | 17 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,794 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,357 |
| Other Revenue | $0 |
| Total Revenue | $12,437 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $988 |
| Occupancy, rent, utilities, and maintenance | $2,391 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,829 |
| Total expenses | $20,208 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,793 |
| Other assets | $0 |
| Total assets | $52,175 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,175 |