AI Transparency Report
Hui Pono Holoholona demonstrates a consistent operational history with fluctuating but generally stable revenue streams, averaging around $60,000-$80,000 annually in recent years. The organization's assets have shown steady growth over time, from $10,293 in 2011 to $67,610 currently, indicating sound financial management and accumulation of resources. A notable aspect is the consistent reporting of zero liabilities across most recent filings, suggesting a healthy balance sheet and minimal debt burden. However, the latest filing (Period 202312) shows expenses ($65,423) exceeding revenue ($46,397), resulting in a deficit for that year, which warrants monitoring to ensure long-term sustainability.
Regarding spending efficiency, without a detailed breakdown of expenses into program, administrative, and fundraising categories from the provided data, a precise assessment is challenging. However, the consistent reporting of 0% officer compensation across all filings suggests that executive costs are not a significant drain on resources, which is a positive indicator for donor confidence. The organization's ability to grow its assets while maintaining low liabilities points to effective resource stewardship, even with occasional operational deficits.
In terms of transparency, the organization has a robust filing history with 9 IRS 990 filings, demonstrating a commitment to public disclosure. The consistent reporting of key financial metrics, including revenue, expenses, assets, and liabilities, provides a clear picture of its financial activities. The absence of officer compensation also simplifies the financial structure, making it easier for the public to understand how funds are being utilized.