Hawaii Speed And Quickness
Hawaii Speed And Quickness experiences significant revenue and asset decline, maintaining zero officer compensation.
EIN: 201008630 · Honolulu, HI · NTEE: N30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $82K |
| Total Expenses | $104K |
| Program Spending | 90% |
| Net Assets | $65K |
| Transparency Score | 85/100 |
Is Hawaii Speed And Quickness Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hawaii Speed And Quickness directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hawaii Speed And Quickness
Hawaii Speed And Quickness (EIN: 201008630) is a nonprofit organization based in Honolulu, HI, classified under NTEE code N30. The organization reported total revenue of $82K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hawaii Speed And Quickness's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hawaii Speed And Quickness is a micro nonprofit that has been operating for 1 years, with 10 years of IRS 990 filings on record (2010–2019). Revenue has grown at a compound annual rate of -15.5%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $104K |
| Surplus / Deficit | +$7K |
| Total Assets | $65K |
| Net Assets | $65K |
| Operating Margin | 6.2% |
| Months of Reserves | 7.5 months |
Financial Health Grade: A
In 2019, Hawaii Speed And Quickness reported a surplus of $7K with revenue exceeding expenses, holds 7.5 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2010–2019), Hawaii Speed And Quickness's revenue has declined at a compound annual growth rate (CAGR) of -15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +89.9% | +80.6% | +11.8% |
| 2018 | -45.6% | +3.0% | +1.3% |
| 2017 | -68.3% | -76.8% | -63.8% |
| 2016 | +29.3% | -5.3% | +158.4% |
| 2015 | -20.0% | -19.3% | -47.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2025 |
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 Speed And Quickness 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 Speed And Quickness 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.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers or key employees are receiving 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 Speed And Quickness's IRS 990 filings:
- Significant and sustained decline in revenue over the past decade, from $551,699 in 2011 to $82,151 currently.
- Dramatic reduction in assets, from $158,312 in 2016 to $8,680 in the latest filing, indicating a shrinking operational capacity.
- Lack of detailed information on program expenses versus administrative/fundraising expenses in the provided data, making a precise spending breakdown estimation challenging without full 990 forms.
Strengths
The following positive indicators were identified for Hawaii Speed And Quickness:
- Consistent reporting of 0% officer compensation across all filings, demonstrating a strong commitment to directing funds to the mission.
- Maintained low or zero liabilities in recent years (2015-2019), indicating responsible financial management.
- Historically, expenses closely track revenue, suggesting efficient use of funds for its stated purpose.
Frequently Asked Questions about Hawaii Speed And Quickness
Is Hawaii Speed And Quickness a legitimate charity?
Hawaii Speed And Quickness (EIN: 201008630) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $82K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Hawaii Speed And Quickness spend its money?
Hawaii Speed And Quickness directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Hawaii Speed And Quickness tax-deductible?
Hawaii Speed And Quickness is registered as a tax-exempt nonprofit (EIN: 201008630). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hawaii Speed And Quickness's spending goes to programs?
Hawaii Speed And Quickness directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hawaii Speed And Quickness compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hawaii Speed And Quickness is above average for NTEE category N30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hawaii Speed And Quickness located?
Hawaii Speed And Quickness is headquartered in Honolulu, Hawaii and files with the IRS under EIN 201008630. It is classified under NTEE code N30.
How many years of IRS 990 filings does Hawaii Speed And Quickness have?
Hawaii Speed And Quickness has 10 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 $82K in total revenue.
What caused the significant decline in revenue and assets since 2011?
The filings show a peak revenue of $551,699 in 2011, which has steadily decreased to $82,151 in the latest period. Assets also dropped from $158,312 in 2016 to $8,680. Understanding the reasons behind this trend is crucial for assessing future viability.
How does the organization sustain operations with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation, which is unusual for an organization with historical revenues over $500,000.
What are the current program activities given the reduced financial scale?
With current assets at $8,680 and revenue at $82,151, the scope and impact of the organization's programs would likely be significantly smaller than during its peak years. Details on current program delivery are needed.
Filing History
IRS 990 filing history for Hawaii Speed And Quickness showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2019), Hawaii Speed And Quickness's revenue has declined by 78.1%, moving from $504K to $110K. Total assets decreased by 48% over the same period, from $125K to $65K. Total functional expenses fell by 78.2%, from $475K to $104K. In its most recent filing year (2019), Hawaii Speed And Quickness reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $110K | $104K | $65K | $0 | — | View 990 |
| 2018 | $58K | $57K | $58K | $0 | — | View 990 |
| 2017 | $107K | $56K | $57K | $0 | — | View 990 |
| 2016 | $337K | $240K | $158K | $0 | — | View 990 |
| 2015 | $261K | $254K | $61K | $0 | — | View 990 |
| 2014 | $326K | $314K | $117K | $63K | — | View 990 |
| 2013 | $259K | $251K | $50K | $8K | — | View 990 |
| 2012 | $257K | $267K | $94K | $15K | — | View 990 |
| 2011 | $552K | $536K | $133K | $44K | — | View 990 |
| 2010 | $504K | $475K | $125K | $51K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $110K, expenses of $104K, and assets of $65K (revenue +89.9% year-over-year).
- 2018: Revenue of $58K, expenses of $57K, and assets of $58K (revenue -45.6% year-over-year).
- 2017: Revenue of $107K, expenses of $56K, and assets of $57K (revenue -68.3% year-over-year).
- 2016: Revenue of $337K, expenses of $240K, and assets of $158K (revenue +29.3% year-over-year).
- 2015: Revenue of $261K, expenses of $254K, and assets of $61K (revenue -20.0% year-over-year).
- 2014: Revenue of $326K, expenses of $314K, and assets of $117K (revenue +26.2% year-over-year).
- 2013: Revenue of $259K, expenses of $251K, and assets of $50K (revenue +0.8% year-over-year).
- 2012: Revenue of $257K, expenses of $267K, and assets of $94K (revenue -53.5% year-over-year).
- 2011: Revenue of $552K, expenses of $536K, and assets of $133K (revenue +9.5% year-over-year).
- 2010: Revenue of $504K, expenses of $475K, and assets of $125K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hawaii Speed And Quickness:
Data Sources and Methodology
This transparency report for Hawaii Speed And Quickness 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.