Professional Windsurfers Associations
- Assets
- $257.4k
- Revenue
- $752.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Paia, HI
- Founding
- 05/2003
- Data as of
- 12/2022
- EIN
- 99-0353054
Organization Overview
Professional Windsurfers Associations is located in Paia, HI. The organization was established in 2003. According to its NTEE Classification (N80) the organization is classified as: Professional Athletic Leagues, 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. Professional Windsurfers Associations is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Professional Windsurfers Associations generated $752.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $749.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.1%) per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROMOTES SUPPORT SERVICES FOR ALL WINDSURFERS BY SPONSORING EVENTS,MAKES RULES FOR THE SPORT,PROMOTES FRIENDSHIP & DISCIPLINE
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRAN CANARIA-202259 COMPETITORSWAVE COMPETITIONPRESS SERVICE VIA THE PWAWORLDTOUR.COM WEBSITE.REVENUE: $50,000 IN PRIZE MONEY PAID TO THE MEMBERS AS PRIZES.JAPAN-202286 COMPETITORSRACE AND FOIL COMPETITIONPRESS SERVICE VIA THE PWAWORLDTOUR.COM WEBSITE.REVENUE: $50,000 IN PRIZE MONEY PAID TO THE MEMBERS AS PRIZES.SYLT-2022135 COMPETITORSRACE, FREESTYLE, EAVE, FOIL COMPETITIONPRESS SERVICE VIA THE PWAWORLDTOUR.COM WEBSITE.REVENUE: $85,000 IN PRIZE MONEY PAID TO THE MEMBERS AS PRIZES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmy Diaz President/director | OfficerTrustee | 4 | $19,294 |
Werner Gnigler Director | Trustee | 2 | $0 |
Svein Rasmussen Director Industry | Trustee | 2 | $0 |
Craig Gertenbach Director Industry | Trustee | 2 | $0 |
Dieter Van Der Eyken Director Sailor Representa | Trustee | 2 | $0 |
Lena Erdil Director Sailor Representa | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $98,286 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,286 |
| Total Program Service Revenue | $654,343 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $752,629 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,194 |
| 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 | $12,976 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,397 |
| Travel | $78,577 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $48,720 |
| Total functional expenses | $749,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $251,928 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,950 |
| 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 | $676 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,828 |
| Total assets | $257,382 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | -$18,568 |
| Total liabilities | -$18,568 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $275,950 |
| Total liabilities and net assets/fund balances | $257,382 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Publishers Marketing Association Manhattan Beach, CA | $1,062,970 | $1,585,058 |
Professional Windsurfers Associations Paia, HI | $257,382 | $752,629 |
Aloha Section Pga Of America Honolulu, HI | $144,070 | $613,623 |
Nba Disciples Housing Odessa Walnut Creek, CA | $1,061,173 | $263,133 |
Myto Field Hockey Inc San Diego, CA | $10,958 | $0 |
Igbo Oakland, CA | $158,279 | $0 |
Wcc Inc Waikoloa, HI | $300,033 | $0 |
Nfl Flag South Orange County Palm Desert, CA | $0 | $0 |
Valley Regional Training Center Inc Fresno, CA | $9,270 | $0 |