2024-03-18T19:52:37-05:00 2023-05-31 205325889 ACCUITY LLP 999 BISHOP STREET STE 2300 HONOLULU HI 96813 990 2022-06-01 990334032 FRIENDS OF HAWAII CHARITIES INC C/O IKEDA & WONG CPA INC FRIE 8085237888 1001 BISHOP ST SUITE 1717 HONOLULU HI 96813 HOWARD IKEDA TREASURER/DIRECTOR 8085237888 2024-03-15 1 HOWARD IKEDA 999009999 0 RACHEL C ANTAL P01263071 8085313400 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CORBETT AK KALAMA 1001 BISHOP ST SUITE 1717 HONOLULU HI 96813 6511375 0 X WWW.FRIENDSOFHAWAII.ORG X 1998 HI PRODUCE SPORTS & CULTURAL EVENTS THAT GENERATE FUNDS TO BENEFIT NONPROFIT ENDEAVORS IN HAWAII. 30 30 0 950 0 0 2238223 1531279 0 0 0 0 -1112794 -1371888 1125429 159391 1205552 650000 0 0 0 0 0 0 0 98027 45324 1303579 695324 -178150 -535933 3000826 2866656 786966 1188729 2213860 1677927 X FRIENDS OF HAWAII CHARITIES ACTIVATES FINANCIAL RESOURCES FROM THE PRIVATE SECTOR AND SPIRITED VOLUNTEERISM FROM THE COMMUNITY, IN CONCERT WITH THE EXTRAORDINARY NATURAL RESOURCES OF THE STATE, TO PRODUCE SPORTS AND CULTURAL EVENTS THAT GENERATE FUNDS FOR QUALIFYING NOT-FOR-PROFIT ENDEAVORS IN HAWAII BENEFITING ITS WOMEN, CHILDREN, YOUTH, AND NEEDY, PRIMARILY IN THE AREAS OF INTERVENTION, HEALTH, AND EDUCATION. 0 0 650000 650000 4980096 PROVIDED FUNDS FOR QUALIFYING NOT-FOR-PROFIT ENDEAVORS IN HAWAII BENEFITING WOMEN, CHILDREN, YOUTH, AND NEEDY. 650000 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 0 0 0 0 0 0 1 1 0 0 0 0 X 30 30 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 HI X LORI YIP 8087929300 735 BISHOP STREET SUITE 320 HONOLULU HI 96813 X CALEB CHAN DIRECTOR 0.50 X 0 0 0 ADMIRAL THOMAS B FARGO USN RET DIRECTOR 0.50 X 0 0 0 HOWARD HAMAMOTO DIRECTOR 0.50 X 0 0 0 MICHAEL HARTLEY DIRECTOR 0.50 X 0 0 0 JUNE JONES DIRECTOR 0.50 X 0 0 0 HIROSHI KAWANO DIRECTOR 0.50 X 0 0 0 MICHAEL W PERRY DIRECTOR 0.50 X 0 0 0 RYOZO SAKAI DIRECTOR 0.50 X 0 0 0 KEITH VIEIRA DIRECTOR 0.50 X 0 0 0 JIM WALTERS DIRECTOR 0.50 X 0 0 0 REGGIE MALDONADO DIRECTOR 0.50 X 0 0 0 JENNIFER ISOBE DIRECTOR 0.50 X 0 0 0 MITCHELL M KAAIALII EXECUTIVE COMMITTEE/DIRECTOR 0.50 X 0 0 0 MICHAEL KAWAZOE EXECUTIVE COMMITTEE/DIRECTOR 0.50 X 0 0 0 MISTY TUFONO DIRECTOR 0.50 X 0 0 0 JON KOBAYASHI DIRECTOR 0.50 X 0 0 0 JON UEKAWA DIRECTOR 0.50 X 0 0 0 RANDY HIRAKI DIRECTOR 0.50 X 0 0 0 LANCE MIZUMOTO DIRECTOR 0.50 X 0 0 0 TODD APO DIRECTOR 0.50 X 0 0 0 GEORGE ARIYOSHI EMERITUS (NON VOTING) 0.50 X 0 0 0 SIMON MORI EXECUTIVE COMMITTEE 0.50 X 0 0 0 MIKE DYER EXECUTIVE COMMITTEE/DIRECTOR 0.50 X 0 0 0 AL SOUZA EXECUTIVE COMMITTEE 0.50 X 0 0 0 ERIC YEAMAN EXECUTIVE COMMITTEE 0.50 X 0 0 0 MICAH KANE EXECUTIVE COMMITTEE/DIRECT 0.50 X 0 0 0 HOWARD KAM DIRECTOR 0.50 X 0 0 0 MICHAEL DRYER EXECUTIVE COMMITTEE 0.50 X 0 0 0 CORBETT AK KALAMA PRESIDENT/EXECUTIVE COMMITTEE 0.50 X X 0 0 0 DICKSON LEE SECRETARY/EXECUTIVE COMMITTEE 0.50 X X 0 0 0 HOWARD IKEDA TREASURER/EXEC COMMITTEE/D 0.50 X X 0 0 0 CHAD KARASAKI VICE PRESIDENT/EXEC COMMIT 0.50 X X 0 0 0 DON KIM DIRECTOR 0.50 X 0 0 0 AL WONG DIRECTOR 0.50 X 0 0 0 PAUL DE VILLE DIRECTOR 0.50 X 0 0 0 0 0 0 0 0 0 0 141 HAWAII LLC DBA 141 PREMIERE SPORTS 735 BISHOP ST STE 320 HONOLULU HI 96813 MANAGEMENT FEE 1125654 141 HAWAII LLC DBA 141 PREMIERE SPORTS 735 BISHOP ST STE 320 HONOLULU HI 96813 SALES COMMISSION 421604 T & B EQUIPMENT COMPANY INC 4320 WINFIELD ROAD STE 200 WARRENVILLEL IL 60555 RENTAL FEES 283530 MARQUEE EVENT RENTALS 3200 BELMEADE DRIVE CARROLTON TX 75006 RENTAL FEES 201997 4 1531279 1531279 4980096 1531279 6351984 -1371888 -1371888 159391 0 0 -1371888 650000 650000 2808 2808 41990 41990 OTHER GENERAL AND ADMIN 526 526 695324 650000 45324 0 970599 812552 1365799 872785 243472 838399 375771 297851 133414 88345 45185 45069 3000826 2866656 2637 438222 784329 750507 786966 1188729 X 2213860 1677927 2213860 1677927 3000826 2866656 -535933 0 X 0 1 X 1 0 X 2184812 2019246 2654038 2238223 1531279 10627598 2184812 2019246 2654038 2238223 1531279 10627598 3447344 7180254 10627598 17334646 0.67560 0.65020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 133414 88345 45069 45069 X 159391 0 159391 0 159391 695324 0 695324 0 695324 PART X, LINE 2: THE ORGANIZATION EVALUATES UNCERTAIN INCOME TAX POSITIONS UTILIZING A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL SETTLEMENT RECOGNITION AND MEASUREMENT OF AN INCOME TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN AN INCOME TAX RETURN. AT MAY 31, 2023, MANAGEMENT BELIEVES THERE WERE NO MATERIAL UNCERTAIN INCOME TAX POSITIONS. THE 2020 TO 2022 TAX YEARS REMAIN OPEN FOR FEDERAL AND STATE TAX PURPOSES AT MAY 31, 2023 X X GOLF TOURNAMENT 6511375 1531279 4980096 1174065 243400 4934519 6511375 1531279 4980096 1174065 243400 4934519 6351984 -1371888 PART II LINE 10 MAY 31, 2023 EXPENSES :- ADVERTISING & MARKETING: 82,421 BANK CHARGES : 1,118 BADGES / TICKETS : 35,811 PHOTOGRAPHY : 6,966 PROGRAM : 18,404 CADDIE EXPENSES : 20,000 SIGNAGE 52,565 CONTRACT LABOR 33,663 WCC COURSE RENTAL 157,068 WCC LABOR CHARGES PER AGREEMT 78,534 CONSTRUCTION (GROUNDS PREP.) 43,200 ELECTRICAL 98,595 MEDICAL 84 TELECOMMUNICATIONS 33,283 INSURANCE 99,902 SATELLITE PRO-AM EXPENSES 99,388 SECURITY/SPECIAL DUTY 211,424 PRESS/MEDIA 26,515 DREAM CUP TEE GIFTS 56,671 PRO-AM DRAW PARTY 51,000 OFFICIAL PRO-AM GIFTS 141,727 PRO-AM TROPHIES/AWARDS 2,431 PRO-AM AWARDS BANQUET 100,000 PROMOTIONAL & VIP GIFTS 1,494,180 TOURNAMENT MANGMT. BASE COMP. 1,125,654 SALES COMMISSIONS 421,604 GENERAL EXCISE TAX 252,288 POSTER 4,204 DEPRECIATION 23,907 TITLE SPONSOR EXPENSE 356 PRO-AM EXPENSES 8,763 PRINTING 20,188 OFFICE SUPPLIES 10,970 PGA TOUR ANNUAL MEETINGS & DUES 2,000 ON COURSE OPS 98,601 RENTALS 985,518 VOLUNTEERS 157,050 OTHER MEETINGS 10,995 PGA PLAYERS 130,817 DREAM CUP AWARDS DINNER 62,000 PRO-AM GIFTS AND APPAREL 46,860 TRAVEL 35,288 LICENSE, FEES AND TAXES 260 PARKING 9,711 TOTAL EXPENSES - $6,351,984 1 WORLD GOLF FOUNDATION WORLD GOLF VILLAGE ST AUGUSTINE FL 32092 592998925 501(C)(3) 50000 0 N/A N/A OUR MISSION IS TO UNITE THE GOLF INDUSTRY AROUND INITIATIVES THAT PROMOTE, ENHANCE THE GROWTH OF AND PROVIDE ACCESS TO THE GAME WORLDWIDE, WHILE PRESERVING GOLF'S TRADITIONAL VALUES AND PASSING THEM ON TO OTHERS. HAWAII COMMUNITY FOUNDATION 827 FORT STREET MALL HONOLULU HI 968134317 990261283 501(C)(3) 600000 0 N/A N/A PARTNERSHIP TO HELP HAWAI'I'S FAMILIES TRANSITION OUT OF POVERTY, TO SUPPORT COMMUNITY-BASED SERVICES IN THEIR CARE FOR KPUNA AND THEIR CAREGIVERS; AND TO INCREASE THE HEALTHY DEVELOPMENT OF UNDER-RESOURCED CHILDREN AGES 0-5 2 PART I, LINE 2: THE ORGANIZATION HAS PARTNERED WITH HAWAII COMMUNITY FOUNDATION (HCF) IN ITS ANNUAL CHARITABLE DISTRIBUTION. THE ORGANIZATION HAS MADE A MULTI-YEAR COMMITMENT TO SEVERAL CHARITABLE INITIATIVES THROUGH HCF IN THE DISTRIBUTION OF THE GRANTS AND IS COLLABORATING WITH HCF TO ENSURE IT MEETS THE ORGANIZATION'S CHARITABLE PLANS. THE ORGANIZATION IS IN COMMUNICATION WITH HCF ABOUT THE CHARITABLE PROGRESS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION ENTERED INTO A MANAGEMENT AGREEMENT WITH 141 HAWAII, LLC (DOING BUSINESS AS "141 PREMIERE SPORTS AND ENTERTAINMENT") TO BE THE TOURNAMENT DIRECTOR. 141 HAWAII LLC MANAGES THE DAY TO DAY OPERATIONS FOR THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS DELEGATED THE REVIEW AND APPROVAL OF FORM 990 TO THE TREASURER. THE ORGANIZATION'S PRESIDENT AND TREASURER WORKED CLOSELY WITH AN INDEPENDENT OUTSIDE ACCOUNTING FIRM ENGAGED TO PREPARE THE RETURN. THE TREASURER REVIEWED THE 990 PRIOR TO ITS PRESENTATION TO THE BOARD OF DIRECTORS. A COMPLETE COPY OF FORM 990 WAS PROVIDED TO THE ENTIRE VOTING BOARD BEFORE THE RETURN WAS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION HAS AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE IN HONOLULU, HAWAII. FORM 990 AND 990-T AUDITED FINANCIAL STATEMENTS IRS DETERMINATIN LETTER ARTICLES OF INCORPORATION AND BYLAWS CONFLICT OF INTEREST POLICY WHISTLEBLOWER POLICY