Hawaii Culinary Education Foundation
EIN: 550911478 · Honolulu, HI · NTEE: B40
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $86K |
| Net Assets | $52K |
Is Hawaii Culinary Education Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hawaii Culinary Education Foundation
Hawaii Culinary Education Foundation (EIN: 550911478) is a nonprofit organization based in Honolulu, HI, classified under NTEE code B40. The organization reported total revenue of $60K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hawaii Culinary Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hawaii Culinary Education Foundation 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 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $82K |
| Total Expenses | $86K |
| Surplus / Deficit | $-4,905 |
| Total Assets | $52K |
| Net Assets | $52K |
| Operating Margin | -6.0% |
| Months of Reserves | 7.2 months |
Financial Health Grade: B
In 2023, Hawaii Culinary Education Foundation reported a deficit of $5K with expenses exceeding revenue, holds 7.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Hawaii Culinary Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.2% | +19.5% | -8.6% |
| 2022 | +381.1% | +22.2% | +19.3% |
| 2021 | -11.6% | +3.5% | -45.6% |
| 2020 | -72.3% | -18.2% | -23.5% |
| 2019 | +8.3% | +15.7% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hawaii Culinary Education 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 Hawaii Culinary Education 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 deficit of $5K, with expenses exceeding revenue.
Frequently Asked Questions about Hawaii Culinary Education Foundation
Is Hawaii Culinary Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hawaii Culinary Education Foundation (EIN: 550911478) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hawaii Culinary Education Foundation spend its money?
Detailed spending breakdown data is not yet available for Hawaii Culinary Education Foundation. Check back for updated IRS 990 analysis.
Are donations to Hawaii Culinary Education Foundation tax-deductible?
Hawaii Culinary Education Foundation is registered as a tax-exempt nonprofit (EIN: 550911478). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hawaii Culinary Education Foundation located?
Hawaii Culinary Education Foundation is headquartered in Honolulu, Hawaii and files with the IRS under EIN 550911478. It is classified under NTEE code B40.
How many years of IRS 990 filings does Hawaii Culinary Education Foundation have?
Hawaii Culinary Education 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 $60K in total revenue.
Filing History
IRS 990 filing history for Hawaii Culinary Education Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hawaii Culinary Education Foundation's revenue has grown by 32.4%, moving from $62K to $82K. Total assets decreased by 28.5% over the same period, from $73K to $52K. Total functional expenses rose by 23.6%, from $70K to $86K. In its most recent filing year (2023), Hawaii Culinary Education Foundation reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $82K | $86K | $52K | $0 | — | — |
| 2022 | $93K | $72K | $57K | $0 | — | View 990 |
| 2021 | $19K | $59K | $48K | $11K | — | View 990 |
| 2020 | $22K | $57K | $87K | $11K | — | View 990 |
| 2019 | $79K | $70K | $114K | $3K | — | View 990 |
| 2018 | $73K | $60K | $112K | $10K | — | View 990 |
| 2017 | $84K | $53K | $90K | $0 | — | View 990 |
| 2016 | $59K | $65K | $59K | $0 | — | View 990 |
| 2015 | $67K | $63K | $66K | $0 | — | View 990 |
| 2014 | $39K | $58K | $62K | $0 | — | View 990 |
| 2013 | $70K | $60K | $81K | $0 | — | View 990 |
| 2012 | $64K | $65K | $71K | $0 | — | View 990 |
| 2011 | $62K | $70K | $73K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $82K, expenses of $86K, and assets of $52K (revenue -12.2% year-over-year).
- 2022: Revenue of $93K, expenses of $72K, and assets of $57K (revenue +381.1% year-over-year).
- 2021: Revenue of $19K, expenses of $59K, and assets of $48K (revenue -11.6% year-over-year).
- 2020: Revenue of $22K, expenses of $57K, and assets of $87K (revenue -72.3% year-over-year).
- 2019: Revenue of $79K, expenses of $70K, and assets of $114K (revenue +8.3% year-over-year).
- 2018: Revenue of $73K, expenses of $60K, and assets of $112K (revenue -13.0% year-over-year).
- 2017: Revenue of $84K, expenses of $53K, and assets of $90K (revenue +42.9% year-over-year).
- 2016: Revenue of $59K, expenses of $65K, and assets of $59K (revenue -13.0% year-over-year).
- 2015: Revenue of $67K, expenses of $63K, and assets of $66K (revenue +72.0% year-over-year).
- 2014: Revenue of $39K, expenses of $58K, and assets of $62K (revenue -44.0% year-over-year).
- 2013: Revenue of $70K, expenses of $60K, and assets of $81K (revenue +9.8% year-over-year).
- 2012: Revenue of $64K, expenses of $65K, and assets of $71K (revenue +3.3% year-over-year).
- 2011: Revenue of $62K, expenses of $70K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hawaii Culinary Education Foundation:
Data Sources and Methodology
This transparency report for Hawaii Culinary Education 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.