Quick charity verification for United Korean Association Of Hawaii (EIN: 200070639)
Verdict: United Korean Association Of Hawaii shows mixed signals
45/100Mission Score
$333KRevenue
$170KAssets
3Red Flags
3Strengths
Red Flags
Recurring operational deficits (e.g., $104,116 deficit in 2023, $95,847 deficit in 2022).
Sudden and unexplained disappearance of reported assets and liabilities to $0 in the 2023 filing.
Significant fluctuation in assets over recent years, from $410,698 in 2021 to $0 in 2023.
Strengths
Consistent filing of IRS Form 990s, indicating a commitment to transparency.
No reported officer compensation, suggesting a volunteer-driven leadership structure.
Revenue has shown growth over time, from $122,320 in 2014 to $254,196 in 2023.
Spending Breakdown
How United Korean Association Of Hawaii allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 United Korean Association Of Hawaii
Is United Korean Association Of Hawaii a legitimate charity?
Based on AI analysis of IRS 990 filings, United Korean Association Of Hawaii (EIN: 200070639) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
Is United Korean Association Of Hawaii a good charity to donate to?
United Korean Association Of Hawaii has a Mission Score of 45/100. Revenue: $333K. Assets: $170K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for United Korean Association Of Hawaii?
The Employer Identification Number (EIN) for United Korean Association Of Hawaii is 200070639. 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 United Korean Association Of Hawaii spend its money?
United Korean Association Of Hawaii allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify United Korean Association Of Hawaii's tax-exempt status?
You can verify United Korean Association Of Hawaii's tax-exempt status using EIN 200070639 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 United Korean Association Of Hawaii demonstrates inconsistent financial health over the past few years. While revenue has generally increased, reaching $254,196 in 2023, the organization has frequently operated at a deficit, with expenses exceeding revenue in several periods, most notably in 2023 ($358,312 expenses vs. $254,196 revenue) and 2022 ($284,163 expenses vs. $188,316 revenue). This trend suggests potential challenges in maintaining financial stability. The organization's assets have also fluctuated significantly, dropping from $410,698 in 2021 to $0 in 2023, which is a significant concern regarding its long-term solvency and asset management.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent operational deficits indicate that the organization is spending more than it brings in, which is not sustainable. The lack of reported officer compensation across all filings suggests a volunteer-driven leadership, which can be a positive for efficiency if other overhead costs are managed well.
Transparency appears to be adequate in terms of filing IRS Form 990s consistently. However, the sudden disappearance of assets and liabilities in the 2023 filing, reporting $0 for both, raises questions about the completeness or accuracy of that specific report and warrants further investigation to understand the underlying financial events.