Nonprofit · EIN 32-0448321
KANAKA IKAIKA RACING ASSOCIATION
Tax-exempt · KAILUA, HI 96734
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $189,655 | $175,170 | $14,485 | $106,120 | $58,816 | $47,304 |
| December 31, 2024 | 990-EZ | $168,587 | $157,715 | $10,872 | $92,075 | $61,329 | $30,746 |
| December 31, 2023 | 990-EZ | $162,899 | $175,130 | -$12,231 | $94,738 | $64,051 | $30,687 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $30,640
- Program service revenue
- $153,172
- Investment income
- $4,593
- Net income from sales of inventory
- $1,250
Expenses
- Grants and similar amounts paid
- $4,483
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $50,476
- Occupancy
- $8,849
- Printing, publications and postage
- $217
- Other expenses
- $111,145
- Program services (functional)
- $167,373
Balance sheet and other
- Total assets, start of year
- $92,075
- Total assets, end of year
- $106,120
- Total liabilities, end of year
- $58,816
- Net assets, end of year
- $47,304
- Cash, savings and investments
- $22,224
- Gross receipts
- $189,655
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS SMITH | PRESIDENT/DI | 0.2 | $0 |
| JON BRYAN | VICE-PRES/DI | 0.2 | $0 |
| JOELLE A FOTI | TREASURER/DI | 25 | $0 |
| JAMES K FOTI | EXECUTIVE DI | 25 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS SMITH | PRESIDENT/DI | 0.2 | $0 |
| JON BRYAN | VICE-PRES/DI | 0.2 | $0 |
| JOELLE A FOTI | TREASURER/DI | 25 | $0 |
| JAMES K FOTI | EXECUTIVE DI | 25 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS SMITH | PRESIDENT/DI | 0.2 | $0 |
| JON BRYAN | VICE-PRES/DI | 0.2 | $0 |
| JOELLE A FOTI | TREASURER/DI | 25 | $0 |
| JAMES K FOTI | EXECUTIVE DI | 25 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 342152, KAILUA, HI 96734-8998
- Signed the 990-EZ
- JAMES K FOTI, EXECUTIVE DIRECTOR
- Phone
- (808) 927-0711
- Return prepared by
- WIKOFF COMBS & CO LLC
Mission
(1) TO IMPROVE THE LIVES AND PROMOTE THE PERSONAL EXCELLENCE OF THE COMMUNITY, INCLUDING OUR YOUTH, FAMILIES AND ATHLETES AT ALL LEVELS, THROUGH RECREATIONAL AND AMATEUR OCEAN PADDLE SPORTS BY CONDUCTING AND SUPPORTING SPORTS ACTIVITIES THAT INCREASE PERSONAL CAPABILITIES AND PROMOTE CHARACTER DEVELOPMENT AND LIFE-ENHANCING VALUES; (2) TO PROMOTE, ENCOURAGE AND GIVE DIRECTION TO LOCAL AND NATIONAL INTEREST IN AND APPRECIATION FOR THE SOCIAL, CULTURAL AND SPIRITUAL ASPECTS OF HAWAII AND INCREASE THE SELF-ESTEEM AND CULTURAL INDENTITY OF OUR YOUTH AND COMMUNITY THROUGH INSTRUCTION IN HAWAIIAN HISTORY, CULTURE AND VALUES; AND (3) TO PRESERVE, PROTECT AND ENHANCE HAWAII'S NATURAL RESOURCES BY EDUCATING HAWAII'S YOUTH AND COMMUNITY ON THE IMPORTANCE OF PROTECTING THE ISLAND'S COASTAL ENVIRONMENT AND DEVELOPING LEARNING METHODS THAT PROMOTE AND FACILITATE A DEEPER UNDERSTANDING OF HAWAIIAN CULTURE AND VALUES AS THEY RELATE TO THE ENVIRONMENT AND ITS PROTECTION.
Program accomplishments
- THE ORGANIZATION SUCCESSFULLY ORGANIZED 13 OCEAN PADDLE RACES EXCLUSIVELY FOR CHARITABLE, LITERARY AND EDUCATIONAL PURPOSES.Expenses $167,373 · grants $4,483
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 32-0448321
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N67)
- Assets (IRS master file)
- $106,120
- Income (IRS master file)
- $189,655
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $189,655 | $175,170 | $106,120 | XML |
| 990-EZ | December 2024 | $168,587 | $157,715 | $92,075 | XML |
| 990-EZ | December 2023 | $162,899 | $175,130 | $94,738 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 32-0448321).
Questions about KANAKA IKAIKA RACING ASSOCIATION
- What is the EIN of KANAKA IKAIKA RACING ASSOCIATION?
- The employer identification number (EIN) of KANAKA IKAIKA RACING ASSOCIATION is 32-0448321.
- Is KANAKA IKAIKA RACING ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to KANAKA IKAIKA RACING ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KANAKA IKAIKA RACING ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KANAKA IKAIKA RACING ASSOCIATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KANAKA IKAIKA RACING ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of KANAKA IKAIKA RACING ASSOCIATION?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does KANAKA IKAIKA RACING ASSOCIATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $189,655, expenses of $175,170 and total assets of $106,120 at year end.
Other nonprofits in KAILUA
- LANIKAI ATHLETIC CLUB EIN 82-3070233 · last filed 990 for 2025
- KOKOKAHI GYM TEAM ASSOCIATION INC EIN 23-7140533 · last filed 990 for 2025
- AULEA SWIM CLUB EIN 51-0481049 · last filed 990 for 2025
- ASSOCIATION OF SKATEBOARDERS IN HAWAII EIN 99-0330134 · last filed 990-PF for 2024
- HAWAII AMATEUR SURFING ASSOCIATION EIN 99-0341432 · last filed 990 for 2025
- KAILUA CANOE CLUB INC EIN 23-7190027 · last filed 990 for 2025
- LOKAHI TENNIS CORP EIN 87-1965285 · last filed 990-EZ for 2025
- HAWAII SURFING PRODUCTION CORP EIN 20-8664448 · last filed 990 for 2025