0000859765-23-000008.txt : 20230301 0000859765-23-000008.hdr.sgml : 20230301 20230301143150 ACCESSION NUMBER: 0000859765-23-000008 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20221231 FILED AS OF DATE: 20230301 DATE AS OF CHANGE: 20230301 EFFECTIVENESS DATE: 20230301 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KAVILCO INC/WA/ CENTRAL INDEX KEY: 0000859765 IRS NUMBER: 920045958 STATE OF INCORPORATION: AK FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-06027 FILM NUMBER: 23692667 BUSINESS ADDRESS: STREET 1: 1000 SECOND AVENUE STREET 2: SUITE 3320 CITY: SEATTLE STATE: WA ZIP: 98104 BUSINESS PHONE: 2066246166 MAIL ADDRESS: STREET 1: 1000 SECOND AVENUE STREET 2: SUITE 3320 CITY: SEATTLE STATE: WA ZIP: 98104 N-CEN 1 primary_doc.xml X0404 N-CEN LIVE 0000859765 XXXXXXXX false false false N-2 KAVILCO INC/WA/ 811-06027 0000859765 254900EZ15L2DFXIQ078 1000 Second Ave, Suite 3320 Seattle 98104 US-WA US 2066246166 Scott Burns 1000 Second Ave, Suite 3320 Seattle 98104 2066246166 All company financial and other business books and records for the current and previous two years are kept on site. Scott Burns Freemont Bridge Mini Storage 319 Nickerson Street, Unit 90 Seattle 98109 2066246166 Historical records and all financial books and records that are required by law or the SEC to keep are kept at this site. N N N N-2 N Louis L. Jones, Sr. N/A N Marie K. Miller N/A N Laird A. Jones N/A N Jeane Breinig N/A N Kenneth Gordon N/A N Eleanor L. Hadden N/A N Ramona Hamar N/A N Frederick O. Olsen, Jr. N/A N Melanie Young N/A N Scott Burns N/A 1000 2nd Ave, Suite 3320 Seattle 981044078 XXXXXX N N N N N N N N Fortune CPA Inc. 6901 N/A Y N N N N N Common stock CLASS A ALASKA NATIVE NO PAR VOTING Common stock CLASS B NO-PAR NON NATIVE NON VOTING N N N N N N 0 2.21 0 3551 false false true false false false false false false false false INTERNAL CONTROL RPT 2 ncenltr_21.htm INTERNAL CONTROL REPORT

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Report of Independent Registered Public Accounting Firm

Shareholders and Board of Directors of

Kavilco Incorporated

Kasaan, Alaska

In planning and performing our audit of the financial statements of Kavilco Incorporated (the Fund) as of and for the year ended December 31, 2021, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we express no such opinion. The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles (GAAP). A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with GAAP, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Fund’s annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Fund’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund’s internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of December 31, 2021.

This report is intended solely for the information and use of management and the Board of Directors of Kavilco Incorporated and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.

/s/ BDO USA, LLP

February 25, 2022