Quick charity verification for Hawaii Speed And Quickness (EIN: 201008630)
Verdict: Hawaii Speed And Quickness appears trustworthy
85/100Mission Score
$82KRevenue
$9KAssets
3Red Flags
3Strengths
Red Flags
Significant and sustained decline in revenue over the past decade, from $551,699 in 2011 to $82,151 currently.
Dramatic reduction in assets, from $158,312 in 2016 to $8,680 in the latest filing, indicating a shrinking operational capacity.
Lack of detailed information on program expenses versus administrative/fundraising expenses in the provided data, making a precise spending breakdown estimation challenging without full 990 forms.
Strengths
Consistent reporting of 0% officer compensation across all filings, demonstrating a strong commitment to directing funds to the mission.
Maintained low or zero liabilities in recent years (2015-2019), indicating responsible financial management.
Historically, expenses closely track revenue, suggesting efficient use of funds for its stated purpose.
Spending Breakdown
How Hawaii Speed And Quickness allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Speed And Quickness
Is Hawaii Speed And Quickness a legitimate charity?
Based on AI analysis of IRS 990 filings, Hawaii Speed And Quickness (EIN: 201008630) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
Is Hawaii Speed And Quickness a good charity to donate to?
Hawaii Speed And Quickness has a Mission Score of 85/100. Revenue: $82K. Assets: $9K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hawaii Speed And Quickness?
The Employer Identification Number (EIN) for Hawaii Speed And Quickness is 201008630. 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 Speed And Quickness spend its money?
Hawaii Speed And Quickness allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hawaii Speed And Quickness's tax-exempt status?
You can verify Hawaii Speed And Quickness's tax-exempt status using EIN 201008630 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 Speed And Quickness demonstrates a fluctuating financial history, with recent years showing a significant decline in revenue compared to its peak in 2011-2012. For instance, revenue dropped from $551,699 in 2011 to $82,151 in its latest filing. Despite these fluctuations, the organization consistently reports zero liabilities in its most recent filings (2015-2019), indicating a healthy balance sheet in those periods. The organization's assets have also seen a substantial decrease, from $158,312 in 2016 to $8,680 currently, which aligns with the overall decline in its operational scale.
Spending efficiency appears to be generally strong, with expenses closely tracking revenue across most years, suggesting that the organization is spending what it brings in on its programs and operations. For example, in 2019, expenses were $103,553 against revenues of $110,397, indicating a high proportion of funds being utilized. The consistent reporting of 0% officer compensation across all available filings is a significant positive indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries.
However, the dramatic reduction in revenue and assets over the past few years raises questions about the long-term sustainability and current operational capacity of the organization. While the lack of liabilities and officer compensation are positive, the shrinking financial footprint suggests a need for strategic review to either stabilize or grow its funding base to effectively deliver on its mission.