Professional Windsurfers Associations

Not tax-deductible

Paia, HI501(c)(6)Recreation & SportsEIN 99-0353054Revenue $893K in FY2024

On file with the IRSpwaworldtour.comPo Box 791656, 96779-1656 · Paia, HITax-exempt since May 2003

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The organization promotes support services for all Windsurfers by sponsoring events,makes rules for the sport,promotes friendship & discipline

99¢ of each $1 spent went to programs.
$8K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $69K a year · 12% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$8K
to officers and key staff · 1.0% of spending
Top officer’s pay lower than 80% of similar orgs
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$893K
+30% vs prior year
Spent
$864K
To programs
99%
Net assets
$159K
By yearFY2020–FY2024
Revenue
$893K
FY2024▲ +30%
Tap a bar for its year
Revenue by fiscal year
FY2020$118K
FY2021$355K
FY2022$753K
FY2023$686K
FY2024$893K
Expenses
$864K
FY2024▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$272K
FY2021$432K
FY2022$750K
FY2023$831K
FY2024$864K
Net assets
$159K
FY2024▲ +22%
Tap a bar for its year
Net assets by fiscal year
FY2020$350K
FY2021$273K
FY2022$276K
FY2023$130K
FY2024$159K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $852K Management & general 1% · $12K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $8K paid to officers and key staff.

Part VII, Section A · reportable compensation
Treasurer
$8,373Pt VII · Sec A
Ind Rep/Dire
$0Pt VII · Sec A
$0Pt VII · Sec A
Riders Rep/D
$0Pt VII · Sec A
Reiders Rep/
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice-Preside
$0Pt VII · Sec A

Petra Grimm’s $8K as Treasurer is at the 20th percentile of top reported officer pay among 1017 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jimmy Diaz——$19,294$9,229$21,485
Erin Pritchard——$10,146——
Petra Grimm$8,373————
Robby Swift—$1,553———
Graham Ezzy——$1,083——
Phil McGain——$875——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes windsurfing events, sets sport rules, and fosters friendship and discipline.

Questions for Professional Windsurfers Associations

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Provided by the organization

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1 program · in their own filed words · FY2024
01

Gran CANRIA-2024 102 competitors wave and slalom competition press service via the PWAWORLDTOUR.COM website revenue 83,281 in prize money paid to member as prizes FUERTEVENTURA-2024 98 competitors slalom and freestyle competition press service via the PWAWORLDTOUR.COM website revenue 95,920 in prize money paid to member as prizes…

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$893K
Ln 12
Fees for servicesLn 2g$737K
Gifts and grantsLn 1h$156K
Money outPt IX
$864K
Ln 25
Programscol B$852K
Managementcol C$12K
Owns and owesPt X
$159K
net assets · Ln 32
Cash and savingsLn 1–2$159K
Total assetsLn 16$159K
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$156K
Fees for servicesLn 2g$737K
Total revenueLn 12$893K
Assets in detailPt X, end of year
CashLn 1$159K
Cash and savings togetherLn 1–2$159K
Total assetsLn 16$159K
LiabilitiesLn 26$0
Net assetsLn 32$159K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$131K$159K
Total assetsLn 16$131K$159K
LiabilitiesLn 26$493$0
Net assetsLn 32$130K$159K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$16K$16K
Other fees for servicesLn 11g$178K$178K
Advertising and promotionLn 12$10K$10K
Office expensesLn 13$5K$5K
OccupancyLn 16$2K$2K
InsuranceLn 23$744$744
Other expenses (24a–d)Ln 24$626K$626K
All other expensesLn 24e$24K$20K$4K
Total functional expensesLn 25$864K$852K$12K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $893K$864K$29K$159K 990 PDF
FY2023 $686K$831K−$146K$130K 990 PDF
FY2022 $753K$750K$3K$276K 990 PDF
FY2021 $355K$432K−$77K$273K 990 PDF
FY2020 $118K$272K−$153K$350K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $893,376 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $198,277$156,242
I-9 Program service revenuePrior year $487,267$737,134
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $685,544$893,376
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $831,159$864,333
I-18 Total expensesPrior year $831,159$864,333
I-19 Revenue less expensesPrior year −$145,615$29,043
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $893,376 across 4 lines filed
VIII-1b Membership dues$156,242
VIII-1h Total contributions, gifts and grants$156,242
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $737,134$737,134
VIII-12 Total revenueRelated to mission $737,134$893,376
Part IX · Statement of functional expenses $864,333 across 9 lines filed
IX-11b Legal feesPrograms $2,616$2,616
IX-11c Accounting feesPrograms $15,882$15,882
IX-11g Other fees for servicesPrograms $177,538$177,538
IX-12 Advertising and promotionPrograms $9,898$9,898
IX-13 Office expensesManagement $4,896$4,896
IX-16 OccupancyManagement $2,472$2,472
IX-23 InsuranceManagement $744$744
IX-24 Other expenses (24a–d)Programs $626,004$626,004
IX-24e All other expensesPrograms $20,307 · Management $3,976$24,283
IX-25 Total functional expensesPrograms $852,245 · Management $12,088 · Fundraising $0$864,333
Part X · Balance sheet $159,378 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $130,828$159,373
X-9 Prepaid expenses and deferred charges$5
X-16 Total assetsStart of year $130,828$159,378
X-26 Total liabilitiesStart of year $493$0
X-27 Net assets without donor restrictionsStart of year $130,335$159,378
X-32 Total net assets or fund balancesStart of year $130,335$159,378
X-33 Total liabilities and net assetsStart of year $130,828$159,378
Part XI · Reconciliation of net assets $159,378 net assets at year end
XI-1 Total revenue$893,376
XI-2 Total expenses$864,333
XI-3 Revenue less expenses$29,043
XI-4 Net assets at start of year$130,335
XI-10 Net assets at end of year$159,378

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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