Pacific Islands Fisheries Group

Nonprofit profile at a glance

EIN
203478586
IRS 990 coverage
2011–2017
Forms available
Form 990 2017
Location
Kailua, HI, USA
Phone
8082654962
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fisheries Resources

Reported finances

Revenue
$565,232
Expenses
$628,220
Assets
$76,194
Liabilities
$1,663

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • NEIL KANEMOTO (PRESIDENT/SECRETARY)
  • DEBBIE TAKAYAMA (VICE PRESIDENT)

People named in this filing

  • NEIL KANEMOTO (PRESIDENT/SECRETARY)
  • DEBBIE TAKAYAMA (VICE PRESIDENT)
  • KENDALL WONG (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Facilitate communication/participation among interested individuals, corporations, scientists and educators through education, scientific research, charity work to support sound resource use, management, research and conservation of marine resources.

What it reported doing in 2017

(1) Hawaii bottomfish oral history project: tracing traditions and fishery development to explore how the culture, traditions, and fishing techniques for Hawaii bottomfish fishery have evolved from native hawaiian populations to modern times and (2) ocean synthesis and human dimensions program: socioeconomic characterization of western pacific fisheries to include assistance and support of three integrated projects that will help to characterize the socioeconomics of western pacific fisheries for noaa fisheries pacific islands fisheries science center.

Operating model

Revenue model
Earned-program. 94% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 90
  • Accountability: 76
  • Sustainability: 26
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.9%; rating input score 82
  • Program expense ratio: 73.7%; rating input score 74
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -11.1%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 0.12; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 70; 70th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 84; 84th percentile among comparable filings

Growth

  • Program expense growth: 14.4% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 4.6% per year; rating input score 100; 51st percentile among comparable filings
  • Asset growth: -5.4% per year; rating input score 0; 12th percentile among comparable filings

Details

  • Where the money goes: 81.9% of revenue deployed · 73.7% of spending went to programs
  • Governance: 7 of 7 board members independent · 3 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $463K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 19 of 19 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 7 filing years from 2011 to 2017
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Sustainability: Operating margin scored 13/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • High — Growth: Asset growth scored 0/100.