Hawaii Polo School And Training Foundation
Hawaii Polo School And Training Foundation reports a significant deficit in 2023 despite revenue growth, with no officer compensation.
EIN: 201259465 · Waialua, HI · NTEE: Z99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $660K |
| Total Expenses | $791K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $600,000. |
| Net Assets | $120K |
| Transparency Score | 70/100 |
Is Hawaii Polo School And Training Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hawaii Polo School And Training Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hawaii Polo School And Training Foundation
Hawaii Polo School And Training Foundation (EIN: 201259465) is a nonprofit organization based in Waialua, HI, classified under NTEE code Z99. The organization reported total revenue of $660K and total assets of $280K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hawaii Polo School And Training Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hawaii Polo School And Training Foundation is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $663K |
| Total Expenses | $791K |
| Surplus / Deficit | $-128,520 |
| Total Assets | $386K |
| Total Liabilities | $266K |
| Net Assets | $120K |
| Operating Margin | -19.4% |
| Debt-to-Asset Ratio | 69.0% |
| Months of Reserves | 5.9 months |
Financial Health Grade: C
In 2023, Hawaii Polo School And Training Foundation reported a deficit of $129K with expenses exceeding revenue, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 69.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hawaii Polo School And Training Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | +54.8% | -25.0% |
| 2022 | +17.5% | +84.0% | +29.7% |
| 2021 | +210.4% | +44.9% | +215.8% |
| 2020 | -51.8% | -49.0% | +1248.1% |
| 2019 | +1.5% | +9.2% | +62.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
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 Polo School And Training Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Hawaii Polo School And Training Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $129K, with expenses exceeding revenue.
- Debt-to-asset ratio: 69.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 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 revenues exceeding $600,000.
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 Polo School And Training Foundation's IRS 990 filings:
- Significant operating deficit in the latest fiscal year (2023 expenses $791,444 vs. revenue $662,924).
- NTEE code Z99 (Unknown) reduces transparency regarding the organization's specific mission and activities.
- Increasing liabilities over time, reaching $266,456 in 2023.
Strengths
The following positive indicators were identified for Hawaii Polo School And Training Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds for leadership.
- Significant growth in assets from minimal levels to $386,035 in 2023, demonstrating increasing financial capacity.
- Overall revenue growth trend over the past decade, indicating increasing support or activity.
Frequently Asked Questions about Hawaii Polo School And Training Foundation
Is Hawaii Polo School And Training Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hawaii Polo School And Training Foundation (EIN: 201259465) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Hawaii Polo School And Training Foundation spend its money?
Hawaii Polo School And Training Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hawaii Polo School And Training Foundation tax-deductible?
Hawaii Polo School And Training Foundation is registered as a tax-exempt nonprofit (EIN: 201259465). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hawaii Polo School And Training Foundation CEO make?
Hawaii Polo School And Training Foundation's highest-compensated officer earns $600,000. annually. The organization reported $660K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hawaii Polo School And Training Foundation's spending goes to programs?
Hawaii Polo School And Training Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hawaii Polo School And Training Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Hawaii Polo School And Training Foundation is above average for NTEE category Z99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hawaii Polo School And Training Foundation located?
Hawaii Polo School And Training Foundation is headquartered in Waialua, Hawaii and files with the IRS under EIN 201259465. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Hawaii Polo School And Training Foundation have?
Hawaii Polo School And Training 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 $660K in total revenue.
Why did expenses significantly exceed revenue in 2023?
In 2023, the organization reported expenses of $791,444 against revenues of $662,924, resulting in a deficit of $128,520. This contrasts with surpluses in prior years and warrants further investigation into the nature of these increased expenditures.
What is the specific mission and program focus given the NTEE code Z99?
The NTEE code Z99 (Unknown) makes it difficult to ascertain the specific programmatic activities of the Hawaii Polo School And Training Foundation. A more specific NTEE code or detailed program descriptions in their filings would enhance transparency.
How does the organization manage its increasing liabilities?
Liabilities have grown from $99,319 in 2014 to $266,456 in 2023. While assets have also increased, the consistent rise in liabilities, especially alongside a recent deficit, suggests a need to understand the nature and management of these obligations.
Filing History
IRS 990 filing history for Hawaii Polo School And Training Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hawaii Polo School And Training Foundation's revenue has grown by 131.6%, moving from $286K to $663K. Total functional expenses rose by 176.2%, from $287K to $791K. In its most recent filing year (2023), Hawaii Polo School And Training Foundation reported a deficit of $129K, with expenses exceeding revenue. The organization holds $266K in liabilities against $386K in assets (debt-to-asset ratio: 69.0%), resulting in net assets of $120K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $663K | $791K | $386K | $266K | — | View 990 |
| 2022 | $629K | $511K | $515K | $266K | — | View 990 |
| 2021 | $535K | $278K | $397K | $266K | — | View 990 |
| 2020 | $172K | $192K | $126K | $252K | — | View 990 |
| 2019 | $358K | $376K | $9K | $117K | — | View 990 |
| 2018 | $353K | $345K | $6K | $95K | — | View 990 |
| 2017 | $365K | $365K | $1K | $99K | — | — |
| 2016 | $302K | $288K | $2K | $99K | — | View 990 |
| 2015 | $191K | $206K | $168 | $111K | — | View 990 |
| 2014 | $222K | $224K | $3K | $99K | — | View 990 |
| 2013 | $196K | $208K | $5K | $99K | — | View 990 |
| 2012 | $255K | $232K | $6K | $88K | — | View 990 |
| 2011 | $286K | $287K | $0 | $104K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $663K, expenses of $791K, and assets of $386K (revenue +5.4% year-over-year).
- 2022: Revenue of $629K, expenses of $511K, and assets of $515K (revenue +17.5% year-over-year).
- 2021: Revenue of $535K, expenses of $278K, and assets of $397K (revenue +210.4% year-over-year).
- 2020: Revenue of $172K, expenses of $192K, and assets of $126K (revenue -51.8% year-over-year).
- 2019: Revenue of $358K, expenses of $376K, and assets of $9K (revenue +1.5% year-over-year).
- 2018: Revenue of $353K, expenses of $345K, and assets of $6K (revenue -3.3% year-over-year).
- 2017: Revenue of $365K, expenses of $365K, and assets of $1K (revenue +20.7% year-over-year).
- 2016: Revenue of $302K, expenses of $288K, and assets of $2K (revenue +58.5% year-over-year).
- 2015: Revenue of $191K, expenses of $206K, and assets of $168 (revenue -14.1% year-over-year).
- 2014: Revenue of $222K, expenses of $224K, and assets of $3K (revenue +13.1% year-over-year).
- 2013: Revenue of $196K, expenses of $208K, and assets of $5K (revenue -23.2% year-over-year).
- 2012: Revenue of $255K, expenses of $232K, and assets of $6K (revenue -10.8% year-over-year).
- 2011: Revenue of $286K, expenses of $287K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hawaii Polo School And Training Foundation:
Data Sources and Methodology
This transparency report for Hawaii Polo School And Training 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.