Hawaii Asia Pacific Association

Hawaii Asia Pacific Association faces significant financial instability with sporadic revenue and high expenses relative to income.

EIN: 202170157 · Honolulu, HI · NTEE: S41 · Updated: 2026-03-28

$20KRevenue
$359KAssets
45/100Mission Score (Fair)
S41
Hawaii Asia Pacific Association Financial Summary
MetricValue
Total Revenue$20K
Total Expenses$105K
Program Spending60%
Net Assets$210K
Transparency Score45/100

Is Hawaii Asia Pacific Association Legit?

Significant Concerns

GoodFiling Consistency
Below AverageSpending Efficiency
ModerateTransparency
5 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Hawaii Asia Pacific Association directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.

About Hawaii Asia Pacific Association

Hawaii Asia Pacific Association (EIN: 202170157) is a nonprofit organization based in Honolulu, HI, classified under NTEE code S41. The organization reported total revenue of $20K and total assets of $359K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hawaii Asia Pacific Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
MicroSize Classification
13Years of Filings
DecliningRevenue Trajectory

Hawaii Asia Pacific Association is a micro nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$15K
Total Expenses$105K
Surplus / Deficit$-89,831
Total Assets$379K
Total Liabilities$170K
Net Assets$210K
Operating Margin-598.9%
Debt-to-Asset Ratio44.7%
Months of Reserves43.4 months

Financial Health Grade: B

In 2023, Hawaii Asia Pacific Association reported a deficit of $90K with expenses exceeding revenue, holds 43.4 months of operating reserves (strong position), has a debt-to-asset ratio of 44.7% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Hawaii Asia Pacific Association's revenue has declined at a compound annual growth rate (CAGR) of -6.6%.

YearRevenue ChangeExpense ChangeAsset Change
2020-100.0%-82.2%-18.8%
2019-34.6%-55.8%+11.8%

IRS Tax-Exempt Classification

IRS Classification Codes3000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Hawaii Asia Pacific Association exhibits inconsistent financial activity over the past decade. While the organization holds substantial assets, reaching $379,266 in 2023, its revenue generation has been highly sporadic, with several years reporting $0 revenue (2020-2022) and a significant drop from $237,718 in 2018 to $15,000 in 2023. Expenses have also fluctuated wildly, from a low of $3,772 in 2015 to a high of $366,641 in 2018, and $104,831 in 2023, far exceeding its $15,000 revenue for that year. This pattern suggests an organization that may be drawing down on its assets or relying on prior year surpluses to cover operational costs, which is not sustainable long-term without consistent revenue streams. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. However, the lack of reported officer compensation across all filings, despite significant expenses, raises questions about how administrative functions are compensated or if they are entirely volunteer-driven. The NTEE code S41 (International Cultural Exchange) suggests a program-heavy mission, but without a detailed breakdown of expenses, it's difficult to assess spending efficiency directly from the provided data. The significant liabilities in some years, such as $169,500 in 2023, also warrant further investigation to understand their nature and impact on financial stability. Overall, the Hawaii Asia Pacific Association appears to be an asset-rich organization with a history of inconsistent financial performance. Its ability to sustain operations and achieve its mission effectively is challenged by its volatile revenue and expense patterns, and the significant liabilities in recent years. While transparency in filing is good, the lack of officer compensation details and the large swings in financial figures suggest a need for more clarity on operational funding and expenditure allocation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hawaii Asia Pacific Association with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 30%
  • programs: 60%
  • fundraising: 10%

According to IRS 990 filings, Hawaii Asia Pacific Association allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$15KTotal Revenue
$105KTotal Expenses
$379KTotal Assets
$170KTotal Liabilities
$210KNet Assets
  • The organization reported a deficit of $90K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 44.7%.

Executive Compensation Analysis

No officer compensation has been reported across all 13 filings, which is unusual for an organization with significant assets and expenses, suggesting either a fully volunteer-led executive team or compensation being reported under other expense categories.

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 Hawaii Asia Pacific Association's IRS 990 filings:

  • Highly inconsistent revenue generation, with multiple years of $0 revenue (e.g., 2020-2022).
  • Expenses frequently exceed revenue, indicating reliance on asset drawdown or prior surpluses (e.g., 2023: $15,000 revenue vs. $104,831 expenses).
  • Significant liabilities reported in recent years ($169,500 in 2023) without clear explanation.
  • No officer compensation reported across all 13 filings, which is unusual for an organization with substantial assets and expenses.
  • Large fluctuations in expenses year-over-year without clear correlation to revenue or asset changes.

Strengths

The following positive indicators were identified for Hawaii Asia Pacific Association:

  • Consistent filing of IRS Form 990s, demonstrating a commitment to regulatory transparency.
  • Maintains substantial assets, reaching $379,266 in 2023, providing a financial cushion.
  • History of significant program activity in certain years, indicated by high expenses (e.g., $366,641 in 2018).
  • Long operational history with 13 filings, suggesting resilience despite financial fluctuations.

Frequently Asked Questions about Hawaii Asia Pacific Association

Is Hawaii Asia Pacific Association a legitimate charity?

Hawaii Asia Pacific Association (EIN: 202170157) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $20K. 5 red flags identified. 4 strengths noted. Financial health grade: B.

How does Hawaii Asia Pacific Association spend its money?

Hawaii Asia Pacific Association directs 60% of its spending to programs and services. Fundraising costs 10%. This falls below the 65% benchmark.

Are donations to Hawaii Asia Pacific Association tax-deductible?

Hawaii Asia Pacific Association is registered as a tax-exempt nonprofit (EIN: 202170157). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Hawaii Asia Pacific Association's spending goes to programs?

Hawaii Asia Pacific Association directs 60% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.

How does Hawaii Asia Pacific Association compare to similar nonprofits?

With a transparency score of 45/100 (Fair), Hawaii Asia Pacific Association is near average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Hawaii Asia Pacific Association located?

Hawaii Asia Pacific Association is headquartered in Honolulu, Hawaii and files with the IRS under EIN 202170157. It is classified under NTEE code S41.

How many years of IRS 990 filings does Hawaii Asia Pacific Association have?

Hawaii Asia Pacific Association 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 $20K in total revenue.

How does the organization cover its expenses when revenue is $0, as seen in 2020-2022?

The organization likely covers expenses during periods of $0 revenue by drawing down on its accumulated assets, which were substantial, or through prior year surpluses. For example, in 2022, with $0 revenue, expenses were $15,289, and assets decreased from $314,885 to $299,597.

What is the nature of the significant liabilities reported, such as $169,500 in 2023?

The provided data does not specify the nature of these liabilities. They could represent program-related payables, loans, or other obligations. Understanding their source is crucial for assessing financial risk.

Given the NTEE code S41 (International Cultural Exchange), what are the primary program activities and how are funds allocated to them?

The provided IRS 990 summary does not detail specific program activities or their associated costs. A deeper dive into the full 990 forms would be necessary to understand how the organization's expenses translate into its mission-related programs.

Why is no officer compensation reported across all filings, despite significant operational expenses?

The consistent reporting of $0 officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that any compensation is categorized differently within the expense structure, which would require further investigation of the detailed 990 forms.

How does the organization plan to achieve more consistent revenue generation to support its operations?

The provided data does not include strategic plans for revenue generation. The highly fluctuating revenue, including multiple years of $0, indicates a significant challenge in securing consistent funding, which could impact long-term sustainability.

Filing History

IRS 990 filing history for Hawaii Asia Pacific Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Hawaii Asia Pacific Association's revenue has declined by 55.9%, moving from $34K to $15K. Total assets increased by 56.5% over the same period, from $242K to $379K. Total functional expenses rose by 309.5%, from $26K to $105K. In its most recent filing year (2023), Hawaii Asia Pacific Association reported a deficit of $90K, with expenses exceeding revenue. The organization holds $170K in liabilities against $379K in assets (debt-to-asset ratio: 44.7%), resulting in net assets of $210K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $15K $105K $379K $170K
2022 $0 $15K $300K $0 View 990
2021 $0 $31K $315K $0
2020 $0 $29K $346K $0 View 990
2019 $156K $162K $426K $51K View 990
2018 $238K $367K $381K $0 View 990
2017 $358K $208K $518K $8K View 990
2016 $145K $4K $360K $0 View 990
2015 $58K $4K $420K $200K View 990
2014 $69K $5K $344K $179K View 990
2013 $57K $24K $165K $64K View 990
2012 $17K $6K $284K $215K View 990
2011 $34K $26K $242K $184K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $15K, expenses of $105K, and assets of $379K.
  • 2022: Revenue of $0, expenses of $15K, and assets of $300K.
  • 2021: Revenue of $0, expenses of $31K, and assets of $315K.
  • 2020: Revenue of $0, expenses of $29K, and assets of $346K (revenue -100.0% year-over-year).
  • 2019: Revenue of $156K, expenses of $162K, and assets of $426K (revenue -34.6% year-over-year).
  • 2018: Revenue of $238K, expenses of $367K, and assets of $381K (revenue -33.7% year-over-year).
  • 2017: Revenue of $358K, expenses of $208K, and assets of $518K (revenue +147.7% year-over-year).
  • 2016: Revenue of $145K, expenses of $4K, and assets of $360K (revenue +150.8% year-over-year).
  • 2015: Revenue of $58K, expenses of $4K, and assets of $420K (revenue -16.6% year-over-year).
  • 2014: Revenue of $69K, expenses of $5K, and assets of $344K (revenue +22.5% year-over-year).
  • 2013: Revenue of $57K, expenses of $24K, and assets of $165K (revenue +242.4% year-over-year).
  • 2012: Revenue of $17K, expenses of $6K, and assets of $284K (revenue -51.5% year-over-year).
  • 2011: Revenue of $34K, expenses of $26K, and assets of $242K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hawaii Asia Pacific Association:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Hawaii Asia Pacific Association 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.

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