Family Promise Of Hawaii
Family Promise Of Hawaii shows strong asset growth and no reported officer compensation, with fluctuating but substantial revenues.
EIN: 202645489 · Honolulu, HI · NTEE: P85 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $2.1M |
| Program Spending | 85% |
| Net Assets | $4.2M |
| Transparency Score | 90/100 |
Is Family Promise Of Hawaii Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Promise Of Hawaii directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Promise Of Hawaii
Family Promise Of Hawaii (EIN: 202645489) is a nonprofit organization based in Honolulu, HI, classified under NTEE code P85. The organization reported total revenue of $3.7M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Promise Of Hawaii's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Promise Of Hawaii is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$201K |
| Total Assets | $4.3M |
| Total Liabilities | $82K |
| Net Assets | $4.2M |
| Operating Margin | 8.7% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 24.5 months |
Financial Health Grade: A
In 2023, Family Promise Of Hawaii reported a surplus of $201K with revenue exceeding expenses, holds 24.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Family Promise Of Hawaii's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.4% | +38.8% | +3.0% |
| 2022 | +104.0% | -18.6% | +163.1% |
| 2021 | -25.4% | -10.0% | +8.1% |
| 2020 | +281.4% | +243.9% | +64.5% |
| 2019 | -12.2% | -9.7% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Family Promise Of Hawaii with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Family Promise Of Hawaii allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $201K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly commendable and suggests a strong commitment to directing resources to program services rather than high administrative salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Family Promise Of Hawaii:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency and dedication to mission.
- Significant asset growth from $898,645 in 2019 to over $4.4 million currently, demonstrating strong financial health.
- Relatively low liabilities compared to assets, suggesting sound financial management.
- Substantial revenue growth in recent years, indicating increased capacity to serve its mission.
Frequently Asked Questions about Family Promise Of Hawaii
Is Family Promise Of Hawaii a legitimate charity?
Family Promise Of Hawaii (EIN: 202645489) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.7M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Family Promise Of Hawaii spend its money?
Family Promise Of Hawaii directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Family Promise Of Hawaii tax-deductible?
Family Promise Of Hawaii is registered as a tax-exempt nonprofit (EIN: 202645489). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Family Promise Of Hawaii's spending goes to programs?
Family Promise Of Hawaii directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Family Promise Of Hawaii compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Family Promise Of Hawaii is above average for NTEE category P85 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Family Promise Of Hawaii located?
Family Promise Of Hawaii is headquartered in Honolulu, Hawaii and files with the IRS under EIN 202645489. It is classified under NTEE code P85.
How many years of IRS 990 filings does Family Promise Of Hawaii have?
Family Promise Of Hawaii has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.7M in total revenue.
Is Family Promise Of Hawaii a good charity?
Based on the available financial data, Family Promise Of Hawaii appears to be a good charity. They demonstrate strong financial health, significant asset growth, and a commendable practice of reporting 0% officer compensation, indicating a high dedication to their mission.
How has Family Promise Of Hawaii's revenue changed over time?
Family Promise Of Hawaii's revenue has shown significant growth and fluctuation. It increased from $693,548 in 2019 to a peak of $4,025,704 in 2022, then settled at $2,320,464 in 2023, indicating substantial scaling of operations.
What is the trend in Family Promise Of Hawaii's assets?
The organization's assets have shown a strong upward trend, growing from $898,645 in 2019 to $4,407,016 currently, reflecting successful fundraising and asset accumulation to support its mission.
Filing History
IRS 990 filing history for Family Promise Of Hawaii showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Promise Of Hawaii's revenue has grown by 407.6%, moving from $457K to $2.3M. Total assets increased by 590.3% over the same period, from $627K to $4.3M. Total functional expenses rose by 281%, from $556K to $2.1M. In its most recent filing year (2023), Family Promise Of Hawaii reported a surplus of $201K, with revenue exceeding expenses. The organization holds $82K in liabilities against $4.3M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.1M | $4.3M | $82K | — | — |
| 2022 | $4.0M | $1.5M | $4.2M | $159K | — | View 990 |
| 2021 | $2.0M | $1.9M | $1.6M | $52K | — | View 990 |
| 2020 | $2.6M | $2.1M | $1.5M | $31K | — | View 990 |
| 2019 | $694K | $606K | $899K | $13K | — | View 990 |
| 2018 | $790K | $671K | $817K | $20K | — | View 990 |
| 2017 | $517K | $550K | $704K | $25K | — | View 990 |
| 2016 | $545K | $573K | $743K | $32K | — | View 990 |
| 2015 | $652K | $536K | $762K | $23K | — | View 990 |
| 2014 | $581K | $547K | $643K | $20K | — | View 990 |
| 2013 | $547K | $527K | $613K | $23K | — | View 990 |
| 2012 | $504K | $534K | $590K | $21K | — | View 990 |
| 2011 | $457K | $556K | $627K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.1M, and assets of $4.3M (revenue -42.4% year-over-year).
- 2022: Revenue of $4.0M, expenses of $1.5M, and assets of $4.2M (revenue +104.0% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.9M, and assets of $1.6M (revenue -25.4% year-over-year).
- 2020: Revenue of $2.6M, expenses of $2.1M, and assets of $1.5M (revenue +281.4% year-over-year).
- 2019: Revenue of $694K, expenses of $606K, and assets of $899K (revenue -12.2% year-over-year).
- 2018: Revenue of $790K, expenses of $671K, and assets of $817K (revenue +52.9% year-over-year).
- 2017: Revenue of $517K, expenses of $550K, and assets of $704K (revenue -5.1% year-over-year).
- 2016: Revenue of $545K, expenses of $573K, and assets of $743K (revenue -16.5% year-over-year).
- 2015: Revenue of $652K, expenses of $536K, and assets of $762K (revenue +12.2% year-over-year).
- 2014: Revenue of $581K, expenses of $547K, and assets of $643K (revenue +6.2% year-over-year).
- 2013: Revenue of $547K, expenses of $527K, and assets of $613K (revenue +8.6% year-over-year).
- 2012: Revenue of $504K, expenses of $534K, and assets of $590K (revenue +10.3% year-over-year).
- 2011: Revenue of $457K, expenses of $556K, and assets of $627K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Promise Of Hawaii:
Data Sources and Methodology
This transparency report for Family Promise Of Hawaii 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.