Hanayagi Dancing Academy Hawaii Foundation
EIN: 770601573 · Honolulu, HI · NTEE: A62
| Metric | Value |
|---|---|
| Total Revenue | $24K |
| Total Expenses | $25K |
| Net Assets | $70K |
Is Hanayagi Dancing Academy Hawaii Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hanayagi Dancing Academy Hawaii Foundation
Hanayagi Dancing Academy Hawaii Foundation (EIN: 770601573) is a nonprofit organization based in Honolulu, HI, classified under NTEE code A62. The organization reported total revenue of $24K and total assets of $71K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hanayagi Dancing Academy Hawaii Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hanayagi Dancing Academy Hawaii Foundation is a micro nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $25K |
| Surplus / Deficit | +$4K |
| Total Assets | $70K |
| Net Assets | $70K |
| Operating Margin | 14.9% |
| Months of Reserves | 33.4 months |
Financial Health Grade: A
In 2023, Hanayagi Dancing Academy Hawaii Foundation reported a surplus of $4K with revenue exceeding expenses, holds 33.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Hanayagi Dancing Academy Hawaii Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.9% | -57.9% | +6.7% |
| 2022 | +54.3% | +233.0% | -27.7% |
| 2021 | +7.6% | +28.1% | +5.3% |
| 2020 | +15.4% | +26.8% | +8.7% |
| 2019 | +15.2% | +33.3% | +9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hanayagi Dancing Academy Hawaii 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 Hanayagi Dancing Academy Hawaii 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 surplus of $4K, with revenue exceeding expenses.
Frequently Asked Questions about Hanayagi Dancing Academy Hawaii Foundation
Is Hanayagi Dancing Academy Hawaii Foundation a legitimate charity?
Hanayagi Dancing Academy Hawaii Foundation (EIN: 770601573) is a registered tax-exempt nonprofit based in Hawaii. It has 13 years of IRS 990 filings on record. Total revenue: $24K. No red flags identified. Financial health grade: A.
How does Hanayagi Dancing Academy Hawaii Foundation spend its money?
Hanayagi Dancing Academy Hawaii Foundation reported $24K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hanayagi Dancing Academy Hawaii Foundation tax-deductible?
Hanayagi Dancing Academy Hawaii Foundation is registered as a tax-exempt nonprofit (EIN: 770601573). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hanayagi Dancing Academy Hawaii Foundation located?
Hanayagi Dancing Academy Hawaii Foundation is headquartered in Honolulu, Hawaii and files with the IRS under EIN 770601573. It is classified under NTEE code A62.
How many years of IRS 990 filings does Hanayagi Dancing Academy Hawaii Foundation have?
Hanayagi Dancing Academy Hawaii 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 $24K in total revenue.
Filing History
IRS 990 filing history for Hanayagi Dancing Academy Hawaii Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hanayagi Dancing Academy Hawaii Foundation's revenue has grown by 73.7%, moving from $17K to $30K. Total assets increased by 79.8% over the same period, from $39K to $70K. Total functional expenses rose by 151%, from $10K to $25K. In its most recent filing year (2023), Hanayagi Dancing Academy Hawaii Foundation reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30K | $25K | $70K | $0 | — | — |
| 2022 | $35K | $60K | $66K | $0 | — | View 990 |
| 2021 | $23K | $18K | $91K | $0 | — | — |
| 2020 | $21K | $14K | $86K | $0 | — | — |
| 2019 | $18K | $11K | $80K | $0 | — | View 990 |
| 2018 | $16K | $8K | $72K | $0 | — | View 990 |
| 2017 | $14K | $11K | $65K | $0 | — | View 990 |
| 2016 | $15K | $9K | $62K | $0 | — | View 990 |
| 2015 | $17K | $10K | $56K | $0 | — | View 990 |
| 2014 | $15K | $16K | $49K | $0 | — | View 990 |
| 2013 | $15K | $7K | $50K | $0 | — | View 990 |
| 2012 | $14K | $11K | $42K | $0 | — | View 990 |
| 2011 | $17K | $10K | $39K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30K, expenses of $25K, and assets of $70K (revenue -14.9% year-over-year).
- 2022: Revenue of $35K, expenses of $60K, and assets of $66K (revenue +54.3% year-over-year).
- 2021: Revenue of $23K, expenses of $18K, and assets of $91K (revenue +7.6% year-over-year).
- 2020: Revenue of $21K, expenses of $14K, and assets of $86K (revenue +15.4% year-over-year).
- 2019: Revenue of $18K, expenses of $11K, and assets of $80K (revenue +15.2% year-over-year).
- 2018: Revenue of $16K, expenses of $8K, and assets of $72K (revenue +14.6% year-over-year).
- 2017: Revenue of $14K, expenses of $11K, and assets of $65K (revenue -7.9% year-over-year).
- 2016: Revenue of $15K, expenses of $9K, and assets of $62K (revenue -13.2% year-over-year).
- 2015: Revenue of $17K, expenses of $10K, and assets of $56K (revenue +16.7% year-over-year).
- 2014: Revenue of $15K, expenses of $16K, and assets of $49K (revenue +0.2% year-over-year).
- 2013: Revenue of $15K, expenses of $7K, and assets of $50K (revenue +6.5% year-over-year).
- 2012: Revenue of $14K, expenses of $11K, and assets of $42K (revenue -19.0% year-over-year).
- 2011: Revenue of $17K, expenses of $10K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hanayagi Dancing Academy Hawaii Foundation:
Data Sources and Methodology
This transparency report for Hanayagi Dancing Academy Hawaii 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.