Hawaii Quarter Horse Association
Hawaii Quarter Horse Association shows no recent financial activity after minimal operations in early 2010s.
EIN: 10606686 · Waikoloa, HI · NTEE: K26 · Updated: 2026-03-26
Is Hawaii Quarter Horse Association Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hawaii Quarter Horse Association directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hawaii Quarter Horse Association
Hawaii Quarter Horse Association (EIN: 10606686) is a nonprofit organization based in Waikoloa, HI, classified under NTEE code K26. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hawaii Quarter Horse Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hawaii Quarter Horse Association with a Mission Score of 40 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Hawaii Quarter Horse Association 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.
Executive Compensation Analysis
Officer compensation was reported as 0% for both 2010 and 2012, indicating that the organization's leadership was likely volunteer-based and received no salary from the organization, which is appropriate for an entity of its small size and financial scale.
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 Quarter Horse Association's IRS 990 filings:
- No recent IRS 990 filings since 2012, indicating potential inactivity or lack of transparency.
- Latest reported revenue and assets are $0, suggesting the organization may no longer be operating.
- Limited financial data available, making a comprehensive assessment of current financial health impossible.
Strengths
The following positive indicators were identified for Hawaii Quarter Horse Association:
- Reported 0% officer compensation for the periods with data, indicating volunteer leadership.
- Consistent financial stability with no liabilities reported during active periods (2010, 2012).
Frequently Asked Questions about Hawaii Quarter Horse Association
Is Hawaii Quarter Horse Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Hawaii Quarter Horse Association (EIN: 10606686) significant concerns. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.
How does Hawaii Quarter Horse Association spend its money?
Hawaii Quarter Horse Association directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hawaii Quarter Horse Association tax-deductible?
Hawaii Quarter Horse Association is registered as a tax-exempt nonprofit (EIN: 10606686). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Hawaii Quarter Horse Association still active?
Based on the latest reported revenue and assets of $0 and no IRS 990 filings since 2012, it is highly probable that the organization is no longer active or has ceased significant operations.
What were the specific programs or activities funded by the $2,000 in expenses?
The provided IRS 990 data does not offer a detailed breakdown of the $2,000 in expenses for 2010 and 2012, making it impossible to identify specific programs or activities.
Why are there no recent IRS 990 filings?
Organizations with very low gross receipts (typically less than $50,000) may be eligible to file a Form 990-N (e-Postcard) or may have ceased operations, which would explain the absence of full 990 filings. The $0 revenue and assets suggest inactivity.
Filing History
IRS 990 filing history for Hawaii Quarter Horse Association showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2010–2012), Hawaii Quarter Horse Association's revenue has grown by 0%, moving from $2K to $2K. Total assets increased by 0% over the same period, from $1K to $1K. Total functional expenses rose by 0%, from $2K to $2K. In its most recent filing year (2012), Hawaii Quarter Horse Association reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2012 | $2K | $2K | $1K | $0 | — | View 990 |
| 2010 | $2K | $2K | $1K | $0 | — | View 990 |
Data Sources and Methodology
This transparency report for Hawaii Quarter Horse 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.