Hawaii Society Of Professional Engineers Educational Foundation
Hawaii Society Of Professional Engineers Educational Foundation maintains stable finances with growing assets and no executive compensation.
EIN: 202014196 · Honolulu, HI · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14K |
| Total Expenses | $11K |
| Program Spending | 90% |
| Net Assets | $72K |
| Transparency Score | 90/100 |
Is Hawaii Society Of Professional Engineers Educational Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hawaii Society Of Professional Engineers Educational Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hawaii Society Of Professional Engineers Educational Foundation
Hawaii Society Of Professional Engineers Educational Foundation (EIN: 202014196) is a nonprofit organization based in Honolulu, HI, classified under NTEE code B82. The organization reported total revenue of $14K and total assets of $74K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hawaii Society Of Professional Engineers Educational Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hawaii Society Of Professional Engineers Educational Foundation is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $11K |
| Surplus / Deficit | +$5K |
| Total Assets | $72K |
| Net Assets | $72K |
| Operating Margin | 29.7% |
| Months of Reserves | 75.9 months |
Financial Health Grade: A
In 2023, Hawaii Society Of Professional Engineers Educational Foundation reported a surplus of $5K with revenue exceeding expenses, holds 75.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Hawaii Society Of Professional Engineers Educational Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.7% | -21.0% | +7.1% |
| 2022 | +22.2% | +189.3% | +8.5% |
| 2021 | +8.5% | -33.7% | +21.8% |
| 2020 | -52.4% | -48.4% | +16.8% |
| 2019 | +92.2% | -44.6% | +61.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Society Of Professional Engineers Educational 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: 90%
- fundraising: 0%
According to IRS 990 filings, Hawaii Society Of Professional Engineers Educational Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $5K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly efficient 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.
Strengths
The following positive indicators were identified for Hawaii Society Of Professional Engineers Educational Foundation:
- Consistent asset growth (from $47,857 in 2014 to $71,692 in 2023).
- Zero liabilities reported across all filings.
- 0% officer compensation, indicating volunteer leadership and high efficiency.
- Consistent IRS 990 filing history (13 filings), demonstrating transparency.
- Expenses generally below revenue in recent years, contributing to financial stability.
Frequently Asked Questions about Hawaii Society Of Professional Engineers Educational Foundation
Is Hawaii Society Of Professional Engineers Educational Foundation a legitimate charity?
Hawaii Society Of Professional Engineers Educational Foundation (EIN: 202014196) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $14K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Hawaii Society Of Professional Engineers Educational Foundation spend its money?
Hawaii Society Of Professional Engineers Educational Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Hawaii Society Of Professional Engineers Educational Foundation tax-deductible?
Hawaii Society Of Professional Engineers Educational Foundation is registered as a tax-exempt nonprofit (EIN: 202014196). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hawaii Society Of Professional Engineers Educational Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Hawaii Society Of Professional Engineers Educational Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hawaii Society Of Professional Engineers Educational Foundation located?
Hawaii Society Of Professional Engineers Educational Foundation is headquartered in Honolulu, Hawaii and files with the IRS under EIN 202014196. It is classified under NTEE code B82.
How many years of IRS 990 filings does Hawaii Society Of Professional Engineers Educational Foundation have?
Hawaii Society Of Professional Engineers Educational 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 $14K in total revenue.
Is Hawaii Society Of Professional Engineers Educational Foundation a good charity?
Based on the provided data, the foundation appears to be a good charity. It has a strong financial position with growing assets (from $47,857 in 2014 to $71,692 in 2023), no liabilities, and a completely volunteer-led executive team (0% officer compensation), maximizing funds for its mission.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets steadily increasing from $47,857 in 2014 to $71,692 in 2023. While revenue and expenses fluctuate, recent years show expenses well below revenue, contributing to this asset growth.
What is the organization's approach to executive compensation?
The organization has a highly efficient approach to executive compensation, consistently reporting 0% officer compensation. This indicates that all leadership roles are filled by volunteers, ensuring that donor funds are not used for executive salaries.
Filing History
IRS 990 filing history for Hawaii Society Of Professional Engineers Educational Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hawaii Society Of Professional Engineers Educational Foundation's revenue has declined by 42.4%, moving from $28K to $16K. Total assets increased by 23.6% over the same period, from $58K to $72K. Total functional expenses fell by 52.6%, from $24K to $11K. In its most recent filing year (2023), Hawaii Society Of Professional Engineers Educational Foundation reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $11K | $72K | $0 | — | — |
| 2022 | $20K | $14K | $67K | $0 | — | View 990 |
| 2021 | $16K | $5K | $62K | $0 | — | — |
| 2020 | $15K | $7K | $51K | $0 | — | View 990 |
| 2019 | $31K | $14K | $43K | $0 | — | View 990 |
| 2018 | $16K | $26K | $27K | $0 | — | View 990 |
| 2017 | $26K | $10K | $37K | $0 | — | View 990 |
| 2016 | $11K | $26K | $21K | $0 | — | View 990 |
| 2015 | $13K | $24K | $37K | $0 | — | View 990 |
| 2014 | $20K | $40K | $48K | $0 | — | View 990 |
| 2013 | $63K | $56K | $68K | $0 | — | View 990 |
| 2012 | $24K | $21K | $61K | $0 | — | View 990 |
| 2011 | $28K | $24K | $58K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16K, expenses of $11K, and assets of $72K (revenue -17.7% year-over-year).
- 2022: Revenue of $20K, expenses of $14K, and assets of $67K (revenue +22.2% year-over-year).
- 2021: Revenue of $16K, expenses of $5K, and assets of $62K (revenue +8.5% year-over-year).
- 2020: Revenue of $15K, expenses of $7K, and assets of $51K (revenue -52.4% year-over-year).
- 2019: Revenue of $31K, expenses of $14K, and assets of $43K (revenue +92.2% year-over-year).
- 2018: Revenue of $16K, expenses of $26K, and assets of $27K (revenue -36.9% year-over-year).
- 2017: Revenue of $26K, expenses of $10K, and assets of $37K (revenue +133.1% year-over-year).
- 2016: Revenue of $11K, expenses of $26K, and assets of $21K (revenue -13.8% year-over-year).
- 2015: Revenue of $13K, expenses of $24K, and assets of $37K (revenue -36.5% year-over-year).
- 2014: Revenue of $20K, expenses of $40K, and assets of $48K (revenue -68.3% year-over-year).
- 2013: Revenue of $63K, expenses of $56K, and assets of $68K (revenue +166.9% year-over-year).
- 2012: Revenue of $24K, expenses of $21K, and assets of $61K (revenue -15.4% year-over-year).
- 2011: Revenue of $28K, expenses of $24K, and assets of $58K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hawaii Society Of Professional Engineers Educational Foundation:
Data Sources and Methodology
This transparency report for Hawaii Society Of Professional Engineers Educational 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.