Lanikai Canoe Club
- Assets
- $192.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kailua, HI
- Founding
- 09/1983
- Data as of
- 12/2021
- EIN
- 99-0223172
Organization Overview
Lanikai Canoe Club is located in Kailua, HI. The organization was established in 1983. 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. Lanikai 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 12/2021, Lanikai Canoe Club generated $84.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $55.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.8%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MAINTAIN AND PERPETUATE THE HAWAIIAN CULTURE THROUGH THE PROMOTION OF COMPETITIVE AND RECREATIONAL OUTRIGGER CANOE PADDLING FOR YOUTH, FAMILY AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3
THE LANIKAI CANOE CLUB PROVIDED EDUCATION IN HAWAIIAN CULTURE AND THE SPORT OF HAWAIIAN OUTRIGGER CANOE PADDLING WITH 475 MEMBERS IN 2019.
THE LANIKAI CANOE CLUB SPONSORED TWO RACES IN 2019: THE GEORGE PERRY MEMORIAL RACE FOR CHILDREN AND THE DUKE KAHANAMOKU LONG DISTANCE RACE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pete Roney Director | 1 | $0 | |
Leimomi Kekina Director | 1 | $0 | |
Jenn Davis Director | 1 | $0 | |
Kelly Smith Director | 1 | $0 | |
Carl Evenson Director | 1 | $0 | |
Ka'ai Bruhn Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,886 |
| Total Program Service Revenue | $0 |
| Membership dues | $70,904 |
| Investment income | $2,666 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,715 |
| 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 | $952 |
| Occupancy, rent, utilities, and maintenance | $13,194 |
| Printing, publications, postage, and shipping | $592 |
| Other expenses | $40,585 |
| Total expenses | $55,323 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $134,659 |
| Other assets | $0 |
| Total assets | $192,726 |
| Total liabilities | $0 |
| Net assets or fund balances | $192,726 |
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