H T Hayashi Foundation
H T Hayashi Foundation shows volatile revenue and expenses, with recent deficits despite growing assets and no officer compensation.
EIN: 204708161 · Honolulu, HI · NTEE: T20 · Updated: 2026-03-28
Is H T Hayashi Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
H T Hayashi Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About H T Hayashi Foundation
H T Hayashi Foundation (EIN: 204708161) is a nonprofit organization based in Honolulu, HI, classified under NTEE code T20. The organization reported total revenue of $105K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of H T Hayashi Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates H T Hayashi 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, H T Hayashi Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The H T Hayashi Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a strong commitment to directing financial resources towards its mission rather than executive pay, which is commendable for an organization of its size with assets exceeding $1.5 million.
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.
Red Flags
The following concerns were identified during AI analysis of H T Hayashi Foundation's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., 202406: Expenses $489,433 > Revenue $327,514; 202306: Expenses $586,084 > Revenue $361,344).
- Significant volatility in annual revenue, making financial planning and consistent program delivery potentially challenging.
Strengths
The following positive indicators were identified for H T Hayashi Foundation:
- Zero officer compensation, indicating efficient use of funds for mission-related activities.
- Strong growth in assets over the long term, from $44,268 in 201106 to $1,541,527 in 202406.
- Consistent filing of IRS 990s over ten periods, demonstrating transparency and compliance.
Frequently Asked Questions about H T Hayashi Foundation
Is H T Hayashi Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, H T Hayashi Foundation (EIN: 204708161) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does H T Hayashi Foundation spend its money?
H T Hayashi Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to H T Hayashi Foundation tax-deductible?
H T Hayashi Foundation is registered as a tax-exempt nonprofit (EIN: 204708161). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is H T Hayashi Foundation financially stable?
The foundation's financial stability shows volatility. While assets have grown significantly to $1,541,527 in 202406, recent periods (202406 and 202306) show expenses exceeding revenue ($489,433 vs $327,514 in 202406; $586,084 vs $361,344 in 202306), indicating operational deficits that could impact long-term stability if not addressed.
How has the foundation's revenue trended?
The foundation's revenue has been highly inconsistent, ranging from a low of $36,525 in 201506 to a peak of $5,553,102 in 202206. More recently, revenue has declined from its peak, with $327,514 in 202406 and $361,344 in 202306.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend over the long term, growing from $44,268 in 201106 to $1,541,527 in 202406. This indicates successful asset accumulation and investment.
Does the foundation pay its executives?
No, the H T Hayashi Foundation consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no salaries are paid to its executives.
Filing History
IRS 990 filing history for H T Hayashi Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2024), H T Hayashi Foundation's revenue has grown by 263.9%, moving from $90K to $328K. Total assets increased by 3382.3% over the same period, from $44K to $1.5M. Total functional expenses rose by 611.1%, from $69K to $489K. In its most recent filing year (2024), H T Hayashi Foundation reported a deficit of $162K, with expenses exceeding revenue. The organization holds $3K in liabilities against $1.5M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $328K | $489K | $1.5M | $3K | — | — |
| 2023 | $361K | $586K | $1.7M | $3K | — | View 990 |
| 2022 | $5.6M | $941K | $1.9M | $228K | — | View 990 |
| 2021 | $601K | $852K | $735K | $360K | — | View 990 |
| 2020 | $1.0M | $1.1M | $985K | $7K | — | View 990 |
| 2015 | $37K | $165K | $6K | $1 | — | View 990 |
| 2014 | $463K | $343K | $185K | $51K | — | View 990 |
| 2013 | $75K | $70K | $14K | $1 | — | View 990 |
| 2012 | $40K | $75K | $9K | $1 | — | View 990 |
| 2011 | $90K | $69K | $44K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $328K, expenses of $489K, and assets of $1.5M (revenue -9.4% year-over-year).
- 2023: Revenue of $361K, expenses of $586K, and assets of $1.7M (revenue -93.5% year-over-year).
- 2022: Revenue of $5.6M, expenses of $941K, and assets of $1.9M (revenue +823.4% year-over-year).
- 2021: Revenue of $601K, expenses of $852K, and assets of $735K (revenue -39.9% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.1M, and assets of $985K (revenue +2640.1% year-over-year).
- 2015: Revenue of $37K, expenses of $165K, and assets of $6K (revenue -92.1% year-over-year).
- 2014: Revenue of $463K, expenses of $343K, and assets of $185K (revenue +517.4% year-over-year).
- 2013: Revenue of $75K, expenses of $70K, and assets of $14K (revenue +87.5% year-over-year).
- 2012: Revenue of $40K, expenses of $75K, and assets of $9K (revenue -55.6% year-over-year).
- 2011: Revenue of $90K, expenses of $69K, and assets of $44K.
Data Sources and Methodology
This transparency report for H T Hayashi 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.