PACIFIC ISLANDERS IN COMMUNICATIONS

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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

1991

Legal Domicile

Principal Officer

JANEL QUIRANTE

Phone

8085910059

Tax Period

2023-10-01 to 2024-09-30

PACIFIC ISLANDERS IN COMMUNICATIONS, founded in 1991, is a community nonprofit in the Unknown sector that reported $1.9M in total revenue in fiscal year 2023. Expenses of $1.7M left a modest 11% surplus.

Mission

THE MISSION OF PACIFIC ISLANDERS IN COMMUNICATIONS (PIC) IS TO SUPPORT, ADVANCE, AND DEVELOP PACIFIC ISLAND MEDIA CONTENT AND TALENT THAT ENHANCES PUBLIC RECOGNITION OF AND APPRECIATION FOR PACIFIC ISLANDER HISTORY, CULTURE AND SOCIETY.

Program Service Accomplishments

Program 1

Expenses: $1,188,672 Revenue: $294

DURING THE FISCAL YEAR, PIC CONTINUED TO AMPLIFY NATIVE HAWAIIAN AND PACIFIC ISLANDER (NHPI) VOICES THAT ENRICH AMERICA'S CULTURAL LANDSCAPE THROUGH THE ART OF STORYTELLING. WE ARE THE ONLY...

DURING THE FISCAL YEAR, PIC CONTINUED TO AMPLIFY NATIVE HAWAIIAN AND PACIFIC ISLANDER (NHPI) VOICES THAT ENRICH AMERICA'S CULTURAL LANDSCAPE THROUGH THE ART OF STORYTELLING. WE ARE THE ONLY ORGANIZATION IN THE COUNTRY THAT DOES THIS BY DEVELOPING, PRODUCING, AND FUNDING FILMS, AS WELL AS PROVIDING PROFESSIONAL DEVELOPMENT OPPORTUNITIES TO EMERGING FILMMAKERS, AND ENGAGING AUDIENCES THROUGH PUBLIC MEDIA DISTRIBUTION AND COMMUNITY ENGAGEMENT SCREENINGS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,895,708

Program Service Revenue $0

Investment Income $13,166

Other Revenue $6,408

TOTAL REVENUE $1,915,282

Expense Breakdown

Grants Paid $475,000

Salaries & Benefits $642,911

Fundraising Expenses $72,179

Program Expenses $1,188,672

Other Expenses $588,649

TOTAL EXPENSES $1,706,560

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,915,282	$1,912,512	+0.0%
Expenses	$1,706,560	$1,717,225	0.0%
Net Income	$208,722	$195,287	+0.1%

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

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

$143,761

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NALANI BLANE KEALAIKI	PRESIDENT	1.00	Officer Director	$0	$0	$0
BALTAZAR AGUON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
REGINA MEREDITH	TREASURER	1.00	Officer Director	$0	$0	$0
JANEL QUIRANTE	SECRETARY	1.00	Officer Director	$0	$0	$0
VINCENT IULI	DIRECTOR	1.00	Director	$0	$0	$0
SUSANNA HERNANDEZ	DIRECTOR	1.00	Director	$0	$0	$0
TARYN JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
RITA NAUTA	DIRECTOR	1.00	Director	$0	$0	$0
TAVAE SAMUELU	DIRECTOR	1.00	Director	$0	$0	$0
JASON SUAPAIA	DIRECTOR	1.00	Director	$0	$0	$0
CHERYL HIRASA	EXECUTIVE DIRECTOR	40.00	Officer	$133,044	$10,717	$143,761

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
2024	$1,915,282	$1,706,560	$5,314,824	$208,722
2023	$1,912,512	$1,717,225	$4,612,654	$195,287
2022	$1,698,073	$1,391,594	$3,859,639	$306,479
2021	$1,336,695	$1,281,432	$3,202,163	$55,263
2020	$1,448,283	$1,334,073	$2,407,636	$114,210
2019	$1,212,471	$1,294,519	$2,105,977	$-82,048
2018	$1,625,642	$1,390,941	$1,877,234	$234,701