Pacific And Asian Affairs Council
- Assets
- $740.4k
- Revenue
- $410.2k
- Investments
- $0.0
- Employees
- 17
- Location
- Honolulu, HI
- Founding
- 07/1960
- Data as of
- 06/2021
- EIN
- 99-0073501
Organization Overview
Pacific And Asian Affairs Council is located in Honolulu, HI. The organization was established in 1960. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Pacific And Asian Affairs Council employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pacific And Asian Affairs Council 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 06/2021, Pacific And Asian Affairs Council generated $410.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $481.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE A GREATER AWARENESS AND UNDERSTANDING OF FOREIGN AFFAIRS ISSUES WITH SPECIAL ATTENTION TO HAWAI'I'S ROLE IN THE ASIA-PACIFIC REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FREEMAN TRAVEL AND AFTER-SCHOOL PROGRAMS: (1) FREEMAN FOUNDATION TRAVEL PROGRAM PROVIDES FUNDS FOR HAWAII HIGH SCHOOL STUDENTS TO TRAVEL TO ASIA TO PROMOTE INTERNATIONAL EDUCATION IN HAWAII AND (2) AFTER-SCHOOL CLASS INITIATIVE. DUE TO THE COVID-19 PANDEMIC, NO TRAVEL PROGRAMS WERE ADMINISTERED THIS YEAR. IN THE FALL 2020 AND SPRING 2021 SEMESTERS, 39 STUDENTS PARTICIPATED IN THE AFTER-SCHOOL GLOBAL STUDIES CLASSES AT 2 PUBLIC HIGH SCHOOLS IN HAWAII. THE GRANT'S CLUB STRENGTHENING INITIATIVES IMPACTED 340 STUDENTS.
OTHER HIGH SCHOOL PROGRAMS: PAAC COORDINATED AND IMPLEMENTED VIRTUAL AFTER-SCHOOL GLOBAL STUDIES CLASSES, MINI CONFERENCES, AN ACADEMIC COMPETITION, AND A LEADERSHIP PROGRAM. ALL ACTIVITIES PROVIDE STUDENTS WITH A SAFE ENVIRONMENT TO LEARN ABOUT CRITICAL GLOBAL ISSUES AND PREPARE AN INCREASINGLY INTERCONNECTED WORLD. FOR THE CURRENT FISCAL YEAR, 157 STUDENTS PARTICIPATED IN AFTER-SCHOOL GLOBAL STUDIES CLASSES AT 8 SCHOOLS, 236 PARTICIPATED IN MINI CONFERENCES, 243 PARTICIPATED IN WORLDQUEST, AND 31 PARTICIPATED IN A GLOBAL LEADERSHIP PROGRAM. ALL PROGRAMS WERE RUN VIRTUALLY.
ANNUAL MEETING - ANNUAL GLOBAL AFFAIRS DINNER FOR FURTHERANCE OF PAAC'S MISSION AND FUNDS FOR OPERATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Niki Shishido Executive Director | Trustee | 40 | $63,000 |
Warren Kk Luke Chairman | OfficerTrustee | 1 | $0 |
C Scott Wo President | OfficerTrustee | 1 | $0 |
Ruth Limtiaco Past President | OfficerTrustee | 1 | $0 |
Jean E Rolles Vice President | OfficerTrustee | 1 | $0 |
Roland Lagareta Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $25,065 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $192,421 |
| All other contributions, gifts, grants, and similar amounts not included above | $122,673 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $340,159 |
| Total Program Service Revenue | $45,820 |
| Investment income | $13,066 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,690 |
| Net Income from Fundraising Events | $7,507 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $410,242 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,300 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $63,000 |
| Compensation of current officers, directors, key employees. | $15,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $248,691 |
| Pension plan accruals and contributions | $3,739 |
| Other employee benefits | $27,155 |
| Payroll taxes | $25,883 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,036 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $14,876 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,219 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,568 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,684 |
| Insurance | $8,324 |
| All other expenses | $13,220 |
| Total functional expenses | $480,958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,555 |
| Savings and temporary cash investments | $167,895 |
| Pledges and grants receivable | $72,401 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $30,808 |
| Net Land, buildings, and equipment | $10,738 |
| Investments—publicly traded securities | $429,013 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $740,410 |
| Accounts payable and accrued expenses | $17,149 |
| Grants payable | $0 |
| Deferred revenue | $26,616 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $36,614 |
| Total liabilities | $80,379 |
| Net assets without donor restrictions | $360,731 |
| Net assets with donor restrictions | $299,300 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $740,410 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Pacific And Asian Affairs Council has recieved totaling $48,064.
| Awarding Organization | Amount |
|---|---|
Mamoru And Aiko Takitani Foundation Inc Honolulu, HI PURPOSE: FY2022 | $26,000 |
Aloha United Way Inc Honolulu, HI PURPOSE: GENERAL OPERATING GRANT | $14,481 |
Robert And Betty Wo Foundation Honolulu, HI PURPOSE: GENERAL FUND | $7,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $83 |
Endowment Analysis
| Beg. Balance | $348,779 |
| Earnings | $87,802 |
| Admin Expense | $3,568 |
| Grants | $4,000 |
| Ending Balance | $429,013 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Foundation San Francisco, CA | $136,274,072 | $130,699,963 |
The Chicago School - California Inc Los Angeles, CA | $127,785,110 | $98,235,232 |
Social Good Fund Richmond, CA | $64,387,201 | $85,650,973 |
Avid Center San Diego, CA | $134,506,037 | $61,146,519 |
Khan Academy Inc Mountain View, CA | $115,035,528 | $59,263,743 |
California School Employees Association San Jose, CA | $160,720,307 | $80,296,309 |
Prager University Foundation Sherman Oaks, CA | $86,724,321 | $65,499,557 |
The Oakland Public Education Fund Oakland, CA | $29,835,630 | $28,210,005 |
Unicare Community Health Center Inc Ontario, CA | $12,734,998 | $31,780,162 |
Califa Group San Francisco, CA | $13,975,341 | $20,958,873 |
Innovative Education Management Inc Placerville, CA | $19,923,777 | $24,530,780 |
Honolulu Community Action Program Honolulu, HI | $11,226,920 | $21,057,375 |