Filipino Chamber Of Commerce Ofhawaii Foundation
Filipino Chamber Of Commerce Ofhawaii Foundation maintains stable finances with volunteer leadership and fluctuating but generally positive net assets.
EIN: 204782360 · Honolulu, HI · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $70K |
| Total Expenses | $52K |
| Program Spending | 90% |
| Net Assets | $16K |
| Transparency Score | 85/100 |
Is Filipino Chamber Of Commerce Ofhawaii Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Filipino Chamber Of Commerce Ofhawaii Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Filipino Chamber Of Commerce Ofhawaii Foundation
Filipino Chamber Of Commerce Ofhawaii Foundation (EIN: 204782360) is a nonprofit organization based in Honolulu, HI, classified under NTEE code B82. The organization reported total revenue of $70K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Filipino Chamber Of Commerce Ofhawaii Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Filipino Chamber Of Commerce Ofhawaii Foundation is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $52K |
| Surplus / Deficit | +$3K |
| Total Assets | $16K |
| Net Assets | $16K |
| Operating Margin | 5.0% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2023, Filipino Chamber Of Commerce Ofhawaii Foundation reported a surplus of $3K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Filipino Chamber Of Commerce Ofhawaii Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +129.6% | +1514.3% | -15.7% |
| 2022 | -3.1% | -83.2% | -68.1% |
| 2021 | -25.0% | +114.8% | +2.3% |
| 2020 | +161.2% | -44.0% | +157.4% |
| 2019 | -37.9% | -6.7% | +27.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2006 |
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 Filipino Chamber Of Commerce Ofhawaii Foundation with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, Filipino Chamber Of Commerce Ofhawaii Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $3K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size.
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 Filipino Chamber Of Commerce Ofhawaii Foundation:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Regular IRS 990 filings demonstrate strong transparency.
- Generally stable financial management with expenses typically aligned with revenue.
- Low liabilities across most filing periods, suggesting good debt management.
- Recent revenue growth from $23,929 in 2022 to $54,937 in 2023.
Frequently Asked Questions about Filipino Chamber Of Commerce Ofhawaii Foundation
Is Filipino Chamber Of Commerce Ofhawaii Foundation a legitimate charity?
Filipino Chamber Of Commerce Ofhawaii Foundation (EIN: 204782360) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $70K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Filipino Chamber Of Commerce Ofhawaii Foundation spend its money?
Filipino Chamber Of Commerce Ofhawaii Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Filipino Chamber Of Commerce Ofhawaii Foundation tax-deductible?
Filipino Chamber Of Commerce Ofhawaii Foundation is registered as a tax-exempt nonprofit (EIN: 204782360). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Filipino Chamber Of Commerce Ofhawaii Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Filipino Chamber Of Commerce Ofhawaii Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Filipino Chamber Of Commerce Ofhawaii Foundation located?
Filipino Chamber Of Commerce Ofhawaii Foundation is headquartered in Honolulu, Hawaii and files with the IRS under EIN 204782360. It is classified under NTEE code B82.
How many years of IRS 990 filings does Filipino Chamber Of Commerce Ofhawaii Foundation have?
Filipino Chamber Of Commerce Ofhawaii Foundation 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 $70K in total revenue.
Is Filipino Chamber Of Commerce Ofhawaii Foundation a good charity?
Based on the provided data, the Filipino Chamber Of Commerce Ofhawaii Foundation appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission rather than executive salaries. Its financial management shows a pattern of expenses generally in line with revenue, and it maintains a transparent filing history.
How has the organization's revenue trended over the past few years?
The organization's revenue has fluctuated. It was $24,683 in 2021, dropped to $23,929 in 2022, and then significantly increased to $54,937 in 2023, with the latest reported revenue at $69,711, showing recent growth.
What is the organization's approach to executive compensation?
The organization has a highly efficient approach to executive compensation, reporting 0% officer compensation in all available filings. This means its leadership serves on a volunteer basis, maximizing funds available for programs.
Filing History
IRS 990 filing history for Filipino Chamber Of Commerce Ofhawaii Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Filipino Chamber Of Commerce Ofhawaii Foundation's revenue has declined by 32.8%, moving from $82K to $55K. Total assets decreased by 41.5% over the same period, from $27K to $16K. Total functional expenses fell by 34%, from $79K to $52K. In its most recent filing year (2023), Filipino Chamber Of Commerce Ofhawaii Foundation reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $55K | $52K | $16K | $0 | — | View 990 |
| 2022 | $24K | $3K | $19K | $2K | — | View 990 |
| 2021 | $25K | $19K | $59K | $596 | — | — |
| 2020 | $33K | $9K | $58K | $5K | — | View 990 |
| 2019 | $13K | $16K | $22K | $12K | — | View 990 |
| 2018 | $20K | $17K | $18K | $687 | — | View 990 |
| 2017 | $62K | $56K | $14K | $2K | — | View 990 |
| 2016 | $41K | $41K | $9K | $8K | — | View 990 |
| 2015 | $24K | $34K | $2K | $10K | — | View 990 |
| 2014 | $57K | $50K | $8K | $6K | — | View 990 |
| 2013 | $51K | $64K | $3K | $6K | — | View 990 |
| 2012 | $62K | $62K | $14K | $5K | — | View 990 |
| 2011 | $82K | $79K | $27K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $55K, expenses of $52K, and assets of $16K (revenue +129.6% year-over-year).
- 2022: Revenue of $24K, expenses of $3K, and assets of $19K (revenue -3.1% year-over-year).
- 2021: Revenue of $25K, expenses of $19K, and assets of $59K (revenue -25.0% year-over-year).
- 2020: Revenue of $33K, expenses of $9K, and assets of $58K (revenue +161.2% year-over-year).
- 2019: Revenue of $13K, expenses of $16K, and assets of $22K (revenue -37.9% year-over-year).
- 2018: Revenue of $20K, expenses of $17K, and assets of $18K (revenue -67.5% year-over-year).
- 2017: Revenue of $62K, expenses of $56K, and assets of $14K (revenue +52.1% year-over-year).
- 2016: Revenue of $41K, expenses of $41K, and assets of $9K (revenue +67.5% year-over-year).
- 2015: Revenue of $24K, expenses of $34K, and assets of $2K (revenue -56.9% year-over-year).
- 2014: Revenue of $57K, expenses of $50K, and assets of $8K (revenue +12.1% year-over-year).
- 2013: Revenue of $51K, expenses of $64K, and assets of $3K (revenue -18.7% year-over-year).
- 2012: Revenue of $62K, expenses of $62K, and assets of $14K (revenue -23.8% year-over-year).
- 2011: Revenue of $82K, expenses of $79K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Filipino Chamber Of Commerce Ofhawaii Foundation:
Data Sources and Methodology
This transparency report for Filipino Chamber Of Commerce Ofhawaii 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.