OAHU HAWAIIAN CANOE RACING ASSOCIA… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

SIANA HUNT

Phone

8083304994

Tax Period

2025-01-01 to 2025-12-31

OAHU HAWAIIAN CANOE RACING ASSOCIATION HAWAII, founded in 2013, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2025. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $1.5M exceeded revenue, resulting in a 17% operating deficit.

Mission

OHCRA IS COMMITTED TO PRESERVING HAWAIIAN CANOE PADDLING TRADITIONS, FOSTERING CULTURAL CONNECTION, AND PROMOTING COMPETITIVE EXCELLENCE TO HONOR OUR HERITAGE AND INSPIRE FUTURE GENERATIONS. BY LEADING THE WAY IN HAWAIIAN CANOE RACING, FOSTERING UNITY, CULTURAL CONNECTION AND EXCELLENCE. OHCRA IS ROOTED IN CULTURE, DRIVEN BY COMPETITION.

Program Service Accomplishments

Program 1

Expenses: $1,327,386 Revenue: $649,830

OHCRA REMAINS ONE OF THE LARGEST CANOE RACING ASSOCIATIONS IN HAWAII, REPRESENTING OVER 22 MEMBER CLUBS. IT IS A CORNERSTONE OF THE SPORT, BALANCING COMPETITIVE RACING WITH THE PRESERVATION OF...

OHCRA REMAINS ONE OF THE LARGEST CANOE RACING ASSOCIATIONS IN HAWAII, REPRESENTING OVER 22 MEMBER CLUBS. IT IS A CORNERSTONE OF THE SPORT, BALANCING COMPETITIVE RACING WITH THE PRESERVATION OF HAWAIIAN VALUES AND TRADITIONS. THROUGH ITS LEADERSHIP AND COMMITMENT, OHCRA CONTINUES TO HONOR THE VISION OF THOSE WHO LAID THE FOUNDATION FOR CANOE PADDLING AS A CELEBRATED SPORT AND CULTURAL PRACTICE IN HAWAII.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $523,528

Program Service Revenue $649,830

Investment Income $13,917

Other Revenue $128,014

TOTAL REVENUE $1,315,289

Expense Breakdown

Grants Paid $62,438

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,327,386

Other Expenses $1,472,262

TOTAL EXPENSES $1,534,700

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,315,289	$1,217,759	+0.1%
Expenses	$1,534,700	$1,090,343	+0.4%
Net Income	$-219,411	$127,416	-2.7%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SIANA HUNT	PRESIDENT	15.00	Officer Director	$0	$0	$0
BEAU BEAIR	VICE PRESIDE	15.00	Officer Director	$0	$0	$0
JENNIFER ROMANO	RECORDING SE	15.00	Officer Director	$0	$0	$0
LISA HO	RECORDING SE	15.00	Officer Director	$0	$0	$0
IKAIKA ROGERSON	TREASURER	15.00	Officer Director	$0	$0	$0
ROBERT PATCHO	RACE DIRECTO	20.00	Director	$0	$0	$0
KEA PAIAINA	DIRECTOR	2.00	Director	$0	$0	$0
MARTINA SEGUERA	DIRECTOR	2.00	Director	$0	$0	$0
KRISTI LOWRY	DIRECTOR	2.00	Director	$0	$0	$0
CATHERINE KAM-HO	DIRECTOR	2.00	Director	$0	$0	$0
DAVID KALAMA	DIRECTOR	2.00	Director	$0	$0	$0
JULIE MADDEN	DIRECTOR	2.00	Director	$0	$0	$0
STANLEY DICKSON	DIRECTOR	2.00	Director	$0	$0	$0
JASON TAKIMOTO	DIRECTOR	2.00	Director	$0	$0	$0
AMBER KUHLMANN	DIRECTOR	2.00	Director	$0	$0	$0
RENA RZONCA	DIRECTOR	2.00	Director	$0	$0	$0
MARLENE KAHOONEI	DIRECTOR	2.00	Director	$0	$0	$0
CY KALAMA	DIRECTOR	2.00	Director	$0	$0	$0
WALTER GUILD	DIRECTOR	2.00	Director	$0	$0	$0
RHONDA BURKE	DIRECTOR	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,315,289	$1,534,700	$519,445	$-219,411
2024	$1,217,759	$1,090,343	$713,961	$127,416
2023	$405,319	$325,439	$584,662	$79,880
2022	$292,331	$239,443	$500,193	$52,888
2021	$91,300	$39,618	$447,400	$51,682
2020	$91,760	$59,122	$395,718	$32,638

OAHU HAWAIIAN CANOE RACING ASSOCIATION HAWAII