Ernest & Margaret Peggy Kai Charitable Foundation
EIN: 367753849 · Honolulu, HI · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $181K |
| Total Expenses | $41K |
| Net Assets | $339K |
Is Ernest & Margaret Peggy Kai Charitable Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ernest & Margaret Peggy Kai Charitable Foundation
Ernest & Margaret Peggy Kai Charitable Foundation (EIN: 367753849) is a nonprofit organization based in Honolulu, HI, classified under NTEE code T20. The organization reported total revenue of $181K and total assets of $347K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ernest & Margaret Peggy Kai Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ernest & Margaret Peggy Kai Charitable Foundation is a small nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -81.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $41K |
| Surplus / Deficit | $-27,075 |
| Total Assets | $339K |
| Total Liabilities | $1 |
| Net Assets | $339K |
| Operating Margin | -190.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 98.4 months |
Financial Health Grade: B
In 2023, Ernest & Margaret Peggy Kai Charitable Foundation reported a deficit of $27K with expenses exceeding revenue, holds 98.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Ernest & Margaret Peggy Kai Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -81.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -46.9% | -28.4% | -7.8% |
| 2022 | -93.4% | +1049.2% | -7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ernest & Margaret Peggy Kai Charitable Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ernest & Margaret Peggy Kai Charitable Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Ernest & Margaret Peggy Kai Charitable Foundation
Is Ernest & Margaret Peggy Kai Charitable Foundation a legitimate charity?
Ernest & Margaret Peggy Kai Charitable Foundation (EIN: 367753849) is a registered tax-exempt nonprofit based in Hawaii. It has 3 years of IRS 990 filings on record. Total revenue: $181K. No red flags identified. Financial health grade: B.
How does Ernest & Margaret Peggy Kai Charitable Foundation spend its money?
Ernest & Margaret Peggy Kai Charitable Foundation reported $181K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ernest & Margaret Peggy Kai Charitable Foundation tax-deductible?
Ernest & Margaret Peggy Kai Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 367753849). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ernest & Margaret Peggy Kai Charitable Foundation located?
Ernest & Margaret Peggy Kai Charitable Foundation is headquartered in Honolulu, Hawaii and files with the IRS under EIN 367753849. It is classified under NTEE code T20.
How many years of IRS 990 filings does Ernest & Margaret Peggy Kai Charitable Foundation have?
Ernest & Margaret Peggy Kai Charitable Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $181K in total revenue.
Filing History
IRS 990 filing history for Ernest & Margaret Peggy Kai Charitable Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Ernest & Margaret Peggy Kai Charitable Foundation's revenue has declined by 96.5%, moving from $404K to $14K. Total assets decreased by 15% over the same period, from $399K to $339K. Total functional expenses rose by 722.4%, from $5K to $41K. In its most recent filing year (2023), Ernest & Margaret Peggy Kai Charitable Foundation reported a deficit of $27K, with expenses exceeding revenue. The organization holds $1 in liabilities against $339K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $339K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14K | $41K | $339K | $1 | — | — |
| 2022 | $27K | $58K | $368K | $1 | — | View 990 |
| 2021 | $404K | $5K | $399K | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $14K, expenses of $41K, and assets of $339K (revenue -46.9% year-over-year).
- 2022: Revenue of $27K, expenses of $58K, and assets of $368K (revenue -93.4% year-over-year).
- 2021: Revenue of $404K, expenses of $5K, and assets of $399K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ernest & Margaret Peggy Kai Charitable Foundation:
Data Sources and Methodology
This transparency report for Ernest & Margaret Peggy Kai Charitable Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.