Hale Mahaolu Ehiku Ii Inc
Hale Mahaolu Ehiku Ii Inc. consistently reports minimal revenue despite significant expenses and declining assets.
EIN: 20675730 · Kahului, HI · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Total Expenses | $511K |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.7M |
| Transparency Score | 20/100 |
Is Hale Mahaolu Ehiku Ii Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hale Mahaolu Ehiku Ii Inc
Hale Mahaolu Ehiku Ii Inc (EIN: 20675730) is a nonprofit organization based in Kahului, HI, classified under NTEE code L22. The organization reported total revenue of $1 and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hale Mahaolu Ehiku Ii Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hale Mahaolu Ehiku Ii Inc is a micro nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -68.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $511K |
| Surplus / Deficit | $-511,455 |
| Total Assets | $2.7M |
| Total Liabilities | $13K |
| Net Assets | $2.7M |
| Operating Margin | -51145500.0% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 64.4 months |
Financial Health Grade: B
In 2023, Hale Mahaolu Ehiku Ii Inc reported a deficit of $511K with expenses exceeding revenue, holds 64.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Hale Mahaolu Ehiku Ii Inc's revenue has declined at a compound annual growth rate (CAGR) of -68.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +14.5% | -15.7% |
| 2022 | +0.0% | -13.7% | -12.0% |
| 2021 | +0.0% | -1.1% | -12.2% |
| 2020 | +0.0% | +5.5% | -11.0% |
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 Hale Mahaolu Ehiku Ii Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Hale Mahaolu Ehiku Ii Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $511K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, which is unusual for an organization with over $2 million in assets and annual expenses exceeding $400,000. This suggests executive salaries are likely covered by a related entity or are non-existent, impacting the clarity of its true administrative costs.
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 Hale Mahaolu Ehiku Ii Inc's IRS 990 filings:
- Consistent reporting of only $1 in revenue despite significant annual expenses (e.g., $511,456 in 2023), indicating a lack of transparency regarding true funding sources.
- No reported officer compensation across all filings, which is unusual for an organization with over $2 million in assets and substantial expenses, potentially obscuring true administrative costs.
- Significant and continuous decline in assets from $6,973,734 in 2012 to $2,745,938 in 2023 without clear explanation in the provided data.
- Lack of clear program spending breakdown, making it impossible to assess program efficiency or impact.
- High administrative spending ratio (100% of expenses) given the absence of reported program or fundraising expenses, suggesting it primarily functions as an administrative or holding entity.
Strengths
The following positive indicators were identified for Hale Mahaolu Ehiku Ii Inc:
- Low and stable liabilities (e.g., $12,661 in 2023), indicating good debt management.
- Consistent filing of IRS 990 forms, demonstrating compliance with reporting requirements.
Frequently Asked Questions about Hale Mahaolu Ehiku Ii Inc
Is Hale Mahaolu Ehiku Ii Inc a legitimate charity?
Hale Mahaolu Ehiku Ii Inc (EIN: 20675730) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 20/100. It has 11 years of IRS 990 filings on record. Total revenue: $1. 5 red flags identified. 2 strengths noted. Financial health grade: B.
How does Hale Mahaolu Ehiku Ii Inc spend its money?
Hale Mahaolu Ehiku Ii Inc reported $1 in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hale Mahaolu Ehiku Ii Inc tax-deductible?
Hale Mahaolu Ehiku Ii Inc is registered as a tax-exempt nonprofit (EIN: 20675730). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hale Mahaolu Ehiku Ii Inc CEO make?
Hale Mahaolu Ehiku Ii Inc's highest-compensated officer earns $2 annually. The organization reported $1 in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Hale Mahaolu Ehiku Ii Inc compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Hale Mahaolu Ehiku Ii Inc is below average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hale Mahaolu Ehiku Ii Inc located?
Hale Mahaolu Ehiku Ii Inc is headquartered in Kahului, Hawaii and files with the IRS under EIN 20675730. It is classified under NTEE code L22.
How many years of IRS 990 filings does Hale Mahaolu Ehiku Ii Inc have?
Hale Mahaolu Ehiku Ii Inc has 11 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 $1 in total revenue.
What is the primary source of funding for Hale Mahaolu Ehiku Ii Inc., given its reported $1 annual revenue?
The consistent reporting of $1 in revenue suggests that the organization is likely funded through inter-organizational transfers, grants from a parent entity, or other non-publicly reported mechanisms, rather than direct program service revenue or public contributions.
What specific programs or activities does Hale Mahaolu Ehiku Ii Inc. undertake, given its NTEE code L22 (Housing Development, Construction & Management)?
Without detailed program service expense breakdowns, it's difficult to ascertain specific programs. The NTEE code suggests involvement in housing development or management, but the financial data primarily reflects administrative expenses without clear program spending.
Why have the organization's assets decreased from $6,973,734 in 2012 to $2,745,938 in 2023?
The steady decline in assets over the past decade could be due to depreciation, asset transfers to related entities, or the sale of assets without reinvestment, potentially indicating a shift in its operational scope or asset management strategy.
Is Hale Mahaolu Ehiku Ii Inc. part of a larger consolidated group, and if so, how does its financial activity integrate with the parent organization?
The financial structure strongly suggests it is part of a larger group. Its financial health and efficiency cannot be fully assessed in isolation, as its operations and funding are likely intertwined with a parent or related entity.
What constitutes the significant annual expenses (e.g., $511,456 in 2023) if there is no reported officer compensation and minimal revenue?
These expenses likely cover administrative overhead, property management costs, maintenance, or other operational expenses that are not directly tied to program delivery or fundraising, and are funded by external sources not reflected in the $1 revenue.
Filing History
IRS 990 filing history for Hale Mahaolu Ehiku Ii Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Hale Mahaolu Ehiku Ii Inc's revenue has declined by 100%, moving from $1.0M to $1. Total assets decreased by 75.7% over the same period, from $11.3M to $2.7M. Total functional expenses fell by 16.6%, from $613K to $511K. In its most recent filing year (2023), Hale Mahaolu Ehiku Ii Inc reported a deficit of $511K, with expenses exceeding revenue. The organization holds $13K in liabilities against $2.7M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $511K | $2.7M | $13K | — | — |
| 2022 | $1 | $447K | $3.3M | $12K | — | — |
| 2021 | $1 | $517K | $3.7M | $11K | — | View 990 |
| 2020 | $1 | $523K | $4.2M | $10K | — | — |
| 2019 | $1 | $496K | $4.7M | $9K | — | — |
| 2016 | $0 | $702 | $7.0M | $7K | — | View 990 |
| 2015 | $0 | $702 | $7.0M | $6K | — | View 990 |
| 2014 | $0 | $676 | $7.0M | $5K | — | View 990 |
| 2013 | $0 | $650 | $7.0M | $5K | — | View 990 |
| 2012 | $6.9M | $288K | $7.0M | $4K | — | View 990 |
| 2011 | $1.0M | $613K | $11.3M | $10.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $511K, and assets of $2.7M (revenue +0.0% year-over-year).
- 2022: Revenue of $1, expenses of $447K, and assets of $3.3M (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $517K, and assets of $3.7M (revenue +0.0% year-over-year).
- 2020: Revenue of $1, expenses of $523K, and assets of $4.2M (revenue +0.0% year-over-year).
- 2019: Revenue of $1, expenses of $496K, and assets of $4.7M.
- 2016: Revenue of $0, expenses of $702, and assets of $7.0M.
- 2015: Revenue of $0, expenses of $702, and assets of $7.0M.
- 2014: Revenue of $0, expenses of $676, and assets of $7.0M.
- 2013: Revenue of $0, expenses of $650, and assets of $7.0M (revenue -100.0% year-over-year).
- 2012: Revenue of $6.9M, expenses of $288K, and assets of $7.0M (revenue +577.2% year-over-year).
- 2011: Revenue of $1.0M, expenses of $613K, and assets of $11.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hale Mahaolu Ehiku Ii Inc:
Data Sources and Methodology
This transparency report for Hale Mahaolu Ehiku Ii Inc 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.