Hawaii Building Industry Foundation
Hawaii Building Industry Foundation reports significant revenue surplus and asset growth in 2023 after years of fluctuating finances.
EIN: 202216525 · Waipahu, HI · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $47K |
| Total Expenses | $21K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $309,258 |
| Net Assets | $309K |
| Transparency Score | 90/100 |
Is Hawaii Building Industry Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hawaii Building Industry Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hawaii Building Industry Foundation
Hawaii Building Industry Foundation (EIN: 202216525) is a nonprofit organization based in Waipahu, HI, classified under NTEE code B60. The organization reported total revenue of $47K and total assets of $327K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hawaii Building Industry Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hawaii Building Industry Foundation is a micro nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $210K |
| Total Expenses | $21K |
| Surplus / Deficit | +$189K |
| Total Assets | $309K |
| Net Assets | $309K |
| Operating Margin | 90.1% |
| Months of Reserves | 178.6 months |
Financial Health Grade: A
In 2023, Hawaii Building Industry Foundation reported a surplus of $189K with revenue exceeding expenses, holds 178.6 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Hawaii Building Industry Foundation's revenue has grown at a compound annual growth rate (CAGR) of 27.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4099.7% | +228.9% | +172.3% |
| 2021 | +1810.3% | -44.1% | -4.3% |
| 2020 | -85.1% | +318.4% | -4.5% |
| 2019 | -56.2% | -68.6% | -0.8% |
| 2018 | -93.8% | +211.6% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Hawaii Building Industry Foundation with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Hawaii Building Industry Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $189K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization of its size with assets reaching $309,258 in 2023.
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 Building Industry Foundation's IRS 990 filings:
- Highly volatile annual revenue, making long-term financial planning potentially challenging without stable funding sources.
Strengths
The following positive indicators were identified for Hawaii Building Industry Foundation:
- Consistent 0% officer compensation, indicating strong commitment to mission over executive pay.
- Significant revenue surplus in 2023 ($210,197 revenue vs. $20,779 expenses), demonstrating strong financial health.
- Substantial asset growth, from $113,563 in 2021 to $309,258 in 2023, reflecting effective asset management.
- Low liabilities in most filing periods, indicating responsible financial management.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Hawaii Building Industry Foundation
Is Hawaii Building Industry Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hawaii Building Industry Foundation (EIN: 202216525) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Hawaii Building Industry Foundation spend its money?
Hawaii Building Industry Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hawaii Building Industry Foundation tax-deductible?
Hawaii Building Industry Foundation is registered as a tax-exempt nonprofit (EIN: 202216525). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hawaii Building Industry Foundation CEO make?
Hawaii Building Industry Foundation's highest-compensated officer earns $309,258 annually. The organization reported $47K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hawaii Building Industry Foundation's spending goes to programs?
Hawaii Building Industry Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hawaii Building Industry Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Hawaii Building Industry Foundation is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hawaii Building Industry Foundation located?
Hawaii Building Industry Foundation is headquartered in Waipahu, Hawaii and files with the IRS under EIN 202216525. It is classified under NTEE code B60.
How many years of IRS 990 filings does Hawaii Building Industry Foundation have?
Hawaii Building Industry Foundation has 12 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 $47K in total revenue.
Is Hawaii Building Industry Foundation a good charity?
Based on the available data, particularly the 2023 filing showing $210,197 in revenue against only $20,779 in expenses and 0% officer compensation, the organization appears to be very efficient and fiscally responsible. Its asset growth also indicates good financial management.
What caused the significant increase in revenue and assets in 2023?
The provided data does not specify the exact sources of the $210,197 revenue in 2023, but such a substantial increase compared to prior years ($5,005 in 2021) suggests a successful fundraising campaign, a large grant, or a significant event.
How does the organization manage its expenses so effectively?
With expenses of only $20,779 against $210,197 in revenue in 2023, the organization demonstrates very tight cost control. The 0% officer compensation also contributes significantly to keeping administrative overhead low.
What are the primary programs supported by the Hawaii Building Industry Foundation?
The NTEE code B60 indicates 'Scholarship & Financial Aid' as a primary focus. Given the low expenses and high revenue in 2023, it's likely a significant portion of funds are directed towards these educational programs, though specific program details are not in the provided financial summary.
Filing History
IRS 990 filing history for Hawaii Building Industry Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Hawaii Building Industry Foundation's revenue has grown by 1677.6%, moving from $12K to $210K. Total assets increased by 34.6% over the same period, from $230K to $309K. Total functional expenses fell by 62.9%, from $56K to $21K. In its most recent filing year (2023), Hawaii Building Industry Foundation reported a surplus of $189K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $210K | $21K | $309K | $0 | — | View 990 |
| 2021 | $5K | $6K | $114K | $2K | — | View 990 |
| 2020 | $262 | $11K | $119K | $5K | — | View 990 |
| 2019 | $2K | $3K | $124K | $0 | — | View 990 |
| 2018 | $4K | $9K | $125K | $0 | — | View 990 |
| 2017 | $65K | $3K | $130K | $0 | — | View 990 |
| 2016 | $1K | $3K | $68K | $0 | — | View 990 |
| 2015 | $4K | $7K | $70K | $0 | — | View 990 |
| 2014 | $16K | $17K | $74K | $693 | — | View 990 |
| 2013 | $128K | $163K | $74K | $0 | — | View 990 |
| 2012 | $6K | $1K | $221K | $0 | — | View 990 |
| 2011 | $12K | $56K | $230K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $210K, expenses of $21K, and assets of $309K (revenue +4099.7% year-over-year).
- 2021: Revenue of $5K, expenses of $6K, and assets of $114K (revenue +1810.3% year-over-year).
- 2020: Revenue of $262, expenses of $11K, and assets of $119K (revenue -85.1% year-over-year).
- 2019: Revenue of $2K, expenses of $3K, and assets of $124K (revenue -56.2% year-over-year).
- 2018: Revenue of $4K, expenses of $9K, and assets of $125K (revenue -93.8% year-over-year).
- 2017: Revenue of $65K, expenses of $3K, and assets of $130K (revenue +5512.6% year-over-year).
- 2016: Revenue of $1K, expenses of $3K, and assets of $68K (revenue -67.5% year-over-year).
- 2015: Revenue of $4K, expenses of $7K, and assets of $70K (revenue -78.1% year-over-year).
- 2014: Revenue of $16K, expenses of $17K, and assets of $74K (revenue -87.4% year-over-year).
- 2013: Revenue of $128K, expenses of $163K, and assets of $74K (revenue +2114.7% year-over-year).
- 2012: Revenue of $6K, expenses of $1K, and assets of $221K (revenue -51.0% year-over-year).
- 2011: Revenue of $12K, expenses of $56K, and assets of $230K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hawaii Building Industry Foundation:
Data Sources and Methodology
This transparency report for Hawaii Building Industry 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.