Generally stable financial management with expenses typically aligned with revenue.
Low liabilities across most filing periods, suggesting good debt management.
Recent revenue growth from $23,929 in 2022 to $54,937 in 2023.
Spending Breakdown
How Filipino Chamber Of Commerce Ofhawaii Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Filipino Chamber Of Commerce Ofhawaii Foundation
Is Filipino Chamber Of Commerce Ofhawaii Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Filipino Chamber Of Commerce Ofhawaii Foundation (EIN: 204782360) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Filipino Chamber Of Commerce Ofhawaii Foundation a good charity to donate to?
Filipino Chamber Of Commerce Ofhawaii Foundation has a Mission Score of 85/100. Revenue: $70K. Assets: $34K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Filipino Chamber Of Commerce Ofhawaii Foundation?
The Employer Identification Number (EIN) for Filipino Chamber Of Commerce Ofhawaii Foundation is 204782360. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Filipino Chamber Of Commerce Ofhawaii Foundation spend its money?
Filipino Chamber Of Commerce Ofhawaii Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Filipino Chamber Of Commerce Ofhawaii Foundation's tax-exempt status?
You can verify Filipino Chamber Of Commerce Ofhawaii Foundation's tax-exempt status using EIN 204782360 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Filipino Chamber Of Commerce Ofhawaii Foundation demonstrates a generally stable financial position, with recent revenue in 2023 of $54,937 and expenses of $52,205, indicating a slight surplus. Over the past decade, the organization has experienced fluctuations in revenue and expenses, with a notable increase in revenue to $69,711 in its latest reported period. Its assets have varied, reaching a high of $58,886 in 2021 and currently standing at $34,420. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven leadership, which is a positive indicator for donor confidence and efficient use of funds. The organization's liabilities have remained relatively low, indicating good financial management and minimal debt burden.
Spending efficiency appears to be reasonable, with expenses generally aligning with or slightly below revenue in most years, preventing significant deficits. For instance, in 2023, expenses were 95% of revenue. The absence of officer compensation significantly reduces administrative overhead, allowing more funds to be directed towards programs. The foundation consistently files its IRS 990 forms, demonstrating a commitment to transparency. The detailed financial history provided through 13 filings offers a clear picture of its financial trajectory, allowing for thorough analysis of its operational health and resource allocation.