2026-07-08T22:31:45-05:00 2025-06-30 465002021 ALEX J SMITH CPA 1403 FRANK STREET HONOLULU HI 96816 990 2024-07-01 043660909 PACIFIC BUDDHIST ACADEMY PACI 8085322649 1754 LUSITANA STREET HONOLULU HI 96813 JOSH HERNANDEZ MORSE HEAD OF SCHOOL 8085322649 2026-07-08 1 1 ALEX J SMITH P00994702 8089271725 X 2024 2025-03-06 01:10:19Z JOSH HERNANDEZ MORSE 1754 LUSITANA STREET HONOLULU HI 96813 2967725 0 X WWW.PACIFICBUDDHISTACADEMY.ORG X 2002 HI DEVELOPING AND OPERATING A HIGH SCHOOL WITH AN ACADEMICALLY CHALLENGING CURRICULUM THAT IS ROOTED IN BUDDHIST VALUES AND THAT IS ACCREDITED, AFFORDABLE, SAFE, AND OPEN TO ALL. 10 10 26 25 0 0 307391 1164501 1575480 1351250 86565 327236 89004 67943 2058440 2910930 256541 0 0 0 1359433 1404266 0 0 203885 840170 746759 2456144 2151025 -397704 759905 10082084 10857435 128578 182024 9953506 10675411 DEVELOPING AND OPERATING A HIGH SCHOOL WITH AN ACADEMICALLY CHALLENGING CURRICULUM THAT IS ROOTED IN BUDDHIST VALUES AND THAT IS ACCREDITED, AFFORDABLE, SAFE, AND OPEN TO ALL. 0 0 1416058 1366564 PACIFIC BUDDHIST ACADEMY (PBA) IS AN HAIS- AND WASC-ACCREDITED NON-PROFIT INDEPENDENT SCHOOL WHOSE MISSION IS TO PREPARE STUDENTS FOR COLLEGE THROUGH ACADEMIC EXCELLENCE; TO ENRICH THEIR LIVES WITH BUDDHIST VALUES; AND TO DEVELOP THEIR COURAGE TO NURTURE PEACE. PROGRAM OFFERINGS INCLUDE LEADERSHIP DEVELOPMENT THROUGH COMMUNITY ENGAGEMENT AND INTERNSHIPS, MIXED GRADE-LEVEL ADVISORIES, EXCHANGE PROGRAMS WITH SISTER SCHOOLS IN JAPAN, FINE AND PERFORMING ARTS WITH EMPHASIS ON JAPANESE CULTURAL ARTS LIKE SADO AND TAIKO, AND INTERSCHOLASTIC CLUBS AND SPORTS IN THE ILH AND PAC-FIVE. PBA CURRENTLY SERVES 65 STUDENTS OF DIVERSE BACKGROUNDS, INCLUDING INTERNATIONAL AND NEURODIVERGENT LEARNERS. PBA IS IN ITS 23RD ACADEMIC YEAR AND HAS HAD OVER 300 GRADUATES ACCEPTED TO COLLEGES THROUGHOUT THE U.S., EUROPE, AND JAPAN. 1416058 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 26 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 8085322649 1754 LUSITANA STREET HONOLULU HI 96813 EUGENE NISHIMURA CHAIR 5.00 X X 0 0 0 SOPHIE HALLIDAY SECRETARY 5.00 X X 0 0 0 JON TERAIZUMI TREASURER 5.00 X X 0 0 0 CINDY ALM TRUSTEE 2.00 X 0 0 0 REVEREND YUIKA HASEBE TRUSTEE 2.00 X 0 0 0 CAROLE HAYASHINO TRUSTEE 2.00 X 0 0 0 JAYMI LUKACS TRUSTEE 2.00 X 0 0 0 BISHOP TOSHIYUKI UMITANI TRUSTEE 2.00 X 0 0 0 DR WARREN TAMAMOTO TRUSTEE 2.00 X 0 0 0 JOANN YOSEMORI TRUSTEE 2.00 X 0 0 0 JOSH HERNANDEZ MORSE HEAD OF SCHOOL 40.00 X 119908 0 8702 119908 0 8702 1 0 0 0 0 68365 1096136 1164501 TUITION AND FEES, NET 611710 1351250 1351250 1351250 327236 327236 109424 68365 56795 52629 52629 15314 15314 15314 2910930 1366564 0 379865 131979 26395 101625 3959 929329 629763 186527 113039 39915 20645 13852 5418 163312 114308 32443 16561 139731 90352 34644 14735 30391 3938 23491 2962 3065 2182 873 10 6567 6567 65436 29678 18371 17387 53777 23055 26092 4630 54177 47778 5399 1000 13854 4352 8775 727 6915 6019 614 282 2 2 264447 224780 26445 13222 30024 30024 OTHER PROGRAM EXPENSES 151748 149761 597 1390 REPAIRS & MAINTENANCE 54299 40761 12957 581 DUES & SUBSCRIPTIONS 11019 2291 7313 1415 1038 1038 2151025 1416058 531082 203885 111684 112740 718240 512102 2779 2779 65513 149762 28464 23936 9747640 2942752 6984694 6804888 2170710 3251228 10082084 10857435 131291 96768 -6093 85256 3380 0 128578 182024 X 7780685 8314718 2172821 2360693 9953506 10675411 10082084 10857435 759905 -38000 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 598528 56236 68769 585995 531374 67154 598528 481761 49613 531374 500000 -18239 481761 0.85320 0.14680 0 0 8858119 2125104 6733015 813492 760293 53199 76029 57355 18674 6804888 X 2967725 56795 56795 2910930 0 2910930 2207820 56795 56795 2151025 0 2151025 PART V, LINE 4: ENDOWMENT FOR BLDG MAINENANCE $ 500,000 ENDOWMENT EARNINGS - FOR BUILDING MAINTENANCE 85,995 TOTAL $ 585,995 PART X, LINE 2: PACIFIC BUDDHIST ACADEMY FOLLOWS ACCOUNTING STANDARDS CODIFICATION TOPIC (ASC 740), INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST, AND PENALTIES, DISCLOSURE, AND TRANSITION. MANAGEMENT BELIEVES THAT NO SUCH UNCERTAIN TAX POSITION EXISTS FOR PACIFIC BUDDHIST ACADEMY. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE SHOWN NET. PART XI, LINE 4B - OTHER ADJUSTMENTS: DONATED AUCTION ITEMS DEDUCTED AGAINST CONTRIBUTIONS. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE SHOWN NET. PART XII, LINE 4B - OTHER ADJUSTMENTS: DONATED AUCTION ITEMS DEDUCTED AGAINST CONTRIBUTIONS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 POLICY HAS BEEN STATED IN LIVE PRESENTATIONS TO THE COMMUNITY, AND PUBLISHED IN THE NEWSPAPER. BANQUET 137866 57875 79991 33623 TAIKO 26956 10490 16466 10516 1 9467 9467 4939 174289 68365 105924 49078 49078 56846 FORM 990, PART VI, SECTION A, LINE 1A MEMBERS OF THE EXECUTIVE COMMITTEE: EUGENE NISHIMURA - CHAIR, SOPHIE HALLIDAY - SECRETARY, AND JON TERAIZUMI - TREASURER. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE BOARD, PRIOR TO THE HEAD OF SCHOOL SIGNING THE RETURN TO BE SUBMITTED. THE ENTIRE BOARD WILL REVIEW THE 990 AT THEIR NEXT MEETING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD TRUSTEE WILL SIGN THEIR AGREEMENT WITH THE POLICY AND ANY DISCLOSURES AT THE FIRST MEETING OF EACH FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15A THE CHAIRMAN OF THE BOARD OVERSEES THE EVALUATION OF THE HEAD OF SCHOOL ON AN ANNUAL BASIS. COMPENSATION IS BASED ON PERFORMANCE, ACHIEVEMENTS, AND BUDGET. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE ON A CASE BY CASE BASIS UPON REQUEST.