Hawaii Seed

Hawaii Seed shows fluctuating revenue and expenses, maintaining zero liabilities and no officer compensation.

EIN: 203581406 · Koloa, HI · NTEE: K05 · Updated: 2026-03-28

$50KRevenue

$112KAssets

85/100Mission Score (Excellent)

K05

About Hawaii Seed

Hawaii Seed (EIN: 203581406) is a nonprofit organization based in Koloa, HI, classified under NTEE code K05. The organization reported total revenue of $50K and total assets of $112K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hawaii Seed's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Hawaii Seed demonstrates a fluctuating financial history with periods of both surplus and deficit. In the most recent filing (202306), the organization reported expenses of $87,309 against revenue of $70,023, indicating a deficit for that period. This follows a similar trend in 202206 where expenses ($46,703) exceeded revenue ($23,746). However, the organization had a significant surplus in 202106, with revenue of $112,407 against expenses of $47,801. The organization consistently reports zero liabilities across all recent filings, which is a positive indicator of financial stability and low debt burden. Their assets have also shown growth, reaching $172,059 in 202306 from $72,601 in 202006, suggesting some capacity building despite operational fluctuations. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, enhancing their transparency and efficiency profile.

Given the available data, Hawaii Seed appears to be a lean organization with a strong focus on program delivery, as evidenced by the absence of officer compensation. While revenue and expenses have varied significantly year-to-year, the organization has maintained a healthy asset base and no reported liabilities. This suggests prudent financial management in terms of debt avoidance. The transparency is high due to the clear reporting of financial figures and the lack of executive compensation, which often raises questions in smaller nonprofits. The challenge for Hawaii Seed appears to be consistent revenue generation to cover fluctuating operational costs, as seen in the deficits of 202306 and 202206.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hawaii Seed with a Mission Score of 85 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Hawaii Seed allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

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 a nonprofit of its size.

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 Seed's IRS 990 filings:

Inconsistent revenue generation leading to operational deficits in recent years (e.g., 202306 and 202206).

Strengths

The following positive indicators were identified for Hawaii Seed:

Consistent reporting of 0% officer compensation, indicating high efficiency and mission focus.
Zero reported liabilities across all filings, demonstrating strong financial management and debt avoidance.
Growing asset base, reaching $172,059 in 202306, providing some financial cushion.

Frequently Asked Questions about Hawaii Seed

Is Hawaii Seed financially stable?

Hawaii Seed's financial stability shows year-to-year fluctuations. While they have maintained zero liabilities and a growing asset base (e.g., $172,059 in 202306), they have experienced operational deficits in recent years (e.g., $87,309 expenses vs. $70,023 revenue in 202306). Their ability to cover expenses consistently depends on future revenue generation.

How does Hawaii Seed manage its debt?

Hawaii Seed has consistently reported zero liabilities in all recent IRS 990 filings, indicating a strong practice of avoiding debt and managing its finances within its means.

What is Hawaii Seed's approach to executive compensation?

Hawaii Seed reports 0% officer compensation across all available filings, meaning no salaries are paid to its officers, which is a significant strength in terms of directing funds to its mission.

Filing History

IRS 990 filing history for Hawaii Seed showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Hawaii Seed's revenue has declined by 68.2%, moving from $220K to $70K. Total assets decreased by 1.2% over the same period, from $174K to $172K. Total functional expenses rose by 81.4%, from $48K to $87K. In its most recent filing year (2023), Hawaii Seed reported a deficit of $17K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$70K	$87K	$172K	$0	—	—
2022	$24K	$47K	$189K	$0	—	—
2021	$112K	$48K	$212K	$0	—	—
2020	$141K	$176K	$73K	$0	—	—
2019	$139K	$93K	$108K	$0	—	View 990
2018	$34K	$89K	$67K	$0	—	View 990
2017	$114K	$97K	$121K	$0	—	View 990
2016	$145K	$139K	$105K	$0	—	View 990
2015	$230K	$204K	$100K	$0	—	View 990
2014	$168K	$189K	$75K	$2K	—	View 990
2013	$174K	$254K	$95K	$0	—	View 990
2012	$220K	$48K	$174K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $70K, expenses of $87K, and assets of $172K (revenue +194.9% year-over-year).
2022: Revenue of $24K, expenses of $47K, and assets of $189K (revenue -78.9% year-over-year).
2021: Revenue of $112K, expenses of $48K, and assets of $212K (revenue -20.1% year-over-year).
2020: Revenue of $141K, expenses of $176K, and assets of $73K (revenue +1.0% year-over-year).
2019: Revenue of $139K, expenses of $93K, and assets of $108K (revenue +306.2% year-over-year).
2018: Revenue of $34K, expenses of $89K, and assets of $67K (revenue -69.8% year-over-year).
2017: Revenue of $114K, expenses of $97K, and assets of $121K (revenue -21.5% year-over-year).
2016: Revenue of $145K, expenses of $139K, and assets of $105K (revenue -37.0% year-over-year).
2015: Revenue of $230K, expenses of $204K, and assets of $100K (revenue +36.9% year-over-year).
2014: Revenue of $168K, expenses of $189K, and assets of $75K (revenue -3.6% year-over-year).
2013: Revenue of $174K, expenses of $254K, and assets of $95K (revenue -20.9% year-over-year).
2012: Revenue of $220K, expenses of $48K, and assets of $174K.

Data Sources and Methodology

This transparency report for Hawaii Seed 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.