Is North Kohala Community Resource Center Legit?

Quick charity verification for North Kohala Community Resource Center (EIN: 20553251)

Verdict: North Kohala Community Resource Center appears trustworthy

92/100Mission Score
$748KRevenue
$3.1MAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

The North Kohala Community Resource Center demonstrates strong financial health and a consistent commitment to its mission, as evidenced by its IRS 990 filings. In the latest reported period (202312), the organization reported revenues of $630,645 against expenses of $555,634, resulting in a surplus that contributed to a significant increase in assets to $3,075,098. This substantial asset growth, particularly from $322,195 in 202212, indicates effective financial management and potentially successful fundraising or investment activities. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on directing funds towards programs rather than executive salaries. While specific program spending ratios are not provided in the summary data, the consistent surpluses and lack of liabilities in most years suggest efficient use of funds. The organization's financial stability is further underscored by its history of managing expenses within or close to its revenue, avoiding significant deficits over the past decade. The dramatic increase in assets in the 202312 period, coupled with zero liabilities, positions the center well for future program delivery. The consistent reporting of 0% officer compensation across all available filings highlights a strong commitment to transparency regarding executive pay and suggests that leadership may be volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. Overall, the North Kohala Community Resource Center appears to be a financially sound and transparent organization.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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