Punahou Alumni Association in Honolulu, Hawaii (HI)

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Punahou Alumni Association
Employer Identification Number (EIN)996022758
Name of OrganizationPunahou Alumni Association
Address1601 Punahou St, Honolulu, HI 96822-3336
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date01/1979
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$63,750
Amount of Income$38,797
Form 990 Revenue Amount$36,251


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Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2011201220132014
Total revenue$76,991$60,604$55,859$36,251
Contributions, gifts, grants, and similar amounts received$14,191$0$100$0
Program service revenue including government fees and contracts$39,164$40,125$38,900$38,784
Membership dues and assessments$0$0$0$0
Investment income$22$15$11$13
Gain/Loss from sale of assets other than inventory$0$0$0$0
Net income/loss from gaming and fundraising events$0$0$0$0
Gross profit/loss from sales of inventory$23,614$20,464$16,824$-2,546
Gross sales of inventory, less returns and allowances$90,268$85,074$31,381$0
Less: cost of goods sold$66,654$64,610$14,557$2,546
Other revenue$0$0$24$0
Total expenses$75,175$65,048$48,906$37,679
Total net assets$62,669$58,225$65,178$63,750
Excess/Deficit for the year$1,816$-4,444$6,953$-1,428
Net assets or fund balances at beginning of year$60,853$62,669$58,225$65,178
Other changes in net assets or fund balances$0$0$0$0
Net assets or fund balances at end of year$58,225$65,178$63,750
Balance Sheets
2011201220132014
Total assets$64,489$58,225$65,178$63,750
Total liabilities$1,820$0$0$0
Net assets or fund balances$62,669$58,225$65,178$63,750
Other Information
2011201220132014
Did the organization engage in any significant activity not previously reported to the IRS?NoNoNo
Were any significant changes made to the organizing or governing documents?NoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNoNo
Has the organization filed a Form 990-T for the year?NoNoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNoNo
Amount of political expenditures, direct or indirect$0$0$0
Did the organization file Form 1120-POL for this year?NoNoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNoNo
Total amount involved$0$0$0
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities$0$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNoNo
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported1
Sum of amounts of support$0
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