Quick charity verification for Hawaii Education Of The Arts Inc (EIN: 202597039)
Verdict: Hawaii Education Of The Arts Inc appears trustworthy
85/100Mission Score
$173KRevenue
$142KAssets
2Red Flags
4Strengths
Red Flags
Fluctuating revenue and expense levels, leading to occasional deficit spending (e.g., 2021 expenses of $93,896 exceeded revenue of $58,018).
Relatively high liabilities in recent years ($110,700 in 2023) compared to total assets ($136,751).
Strengths
Consistent 0% officer compensation across all filings, demonstrating strong financial stewardship.
Positive net assets in most recent periods, indicating financial stability.
Significant revenue growth from 2021 to 2023 ($58,018 to $181,630).
Long filing history (13 filings) indicates sustained operation and compliance.
Spending Breakdown
How Hawaii Education Of The Arts Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Hawaii Education Of The Arts Inc
Is Hawaii Education Of The Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hawaii Education Of The Arts Inc (EIN: 202597039) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Hawaii Education Of The Arts Inc a good charity to donate to?
Hawaii Education Of The Arts Inc has a Mission Score of 85/100. Revenue: $173K. Assets: $142K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hawaii Education Of The Arts Inc?
The Employer Identification Number (EIN) for Hawaii Education Of The Arts Inc is 202597039. 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 Hawaii Education Of The Arts Inc spend its money?
Hawaii Education Of The Arts Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hawaii Education Of The Arts Inc's tax-exempt status?
You can verify Hawaii Education Of The Arts Inc's tax-exempt status using EIN 202597039 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
Hawaii Education Of The Arts Inc demonstrates a generally stable financial position, with recent revenue in 2023 reaching $181,630 and assets at $136,751. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. While the organization has experienced fluctuations in revenue and expenses over the years, such as a dip in revenue in 2021 ($58,018) and higher expenses in 2018 ($281,701) compared to revenue ($261,837), it has maintained positive net assets in most recent periods. The liabilities have been relatively high in recent years, reaching $110,700 in 2023, which warrants monitoring to ensure long-term financial stability. Overall, the consistent reporting of no officer compensation and a generally balanced budget in recent years suggest a well-managed and transparent operation, though the liability levels should be observed.