Hawaii Surfing Production Corp
Hawaii Surfing Production Corp shows consistent revenue growth and zero liabilities in recent filings.
EIN: 208664448 · Kailua, HI · NTEE: N67 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $110K |
| Total Expenses | $113K |
| Program Spending | 90% |
| Net Assets | $46K |
| Transparency Score | 85/100 |
Is Hawaii Surfing Production Corp Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hawaii Surfing Production Corp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hawaii Surfing Production Corp
Hawaii Surfing Production Corp (EIN: 208664448) is a nonprofit organization based in Kailua, HI, classified under NTEE code N67. The organization reported total revenue of $110K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hawaii Surfing Production Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hawaii Surfing Production Corp is a small nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $113K |
| Surplus / Deficit | +$6K |
| Total Assets | $46K |
| Net Assets | $46K |
| Operating Margin | 4.8% |
| Months of Reserves | 4.9 months |
Financial Health Grade: A
In 2024, Hawaii Surfing Production Corp reported a surplus of $6K with revenue exceeding expenses, holds 4.9 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2011–2024), Hawaii Surfing Production Corp's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +8.8% | +28.2% | +14.1% |
| 2023 | +60.2% | +80.9% | +42.0% |
| 2022 | +594.0% | +4544.5% | +105.9% |
| 2021 | +200.2% | — | +72.4% |
| 2020 | -93.4% | -102.2% | +141.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Surfing Production Corp 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Hawaii Surfing Production Corp 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization, which significantly reduces overhead and allows more funds to be directed towards its mission.
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 Surfing Production Corp:
- Consistent revenue growth in recent years (e.g., $9,815 in 202109 to $118,738 in 202409).
- Zero reported officer compensation across all filings, indicating volunteer leadership.
- Elimination of liabilities in recent periods (e.g., $0 liabilities in 202409 compared to $16,816 in 201909).
- Positive net assets and increasing asset base ($45,813 in 202409).
- Strong financial recovery and stability after earlier periods of financial strain.
Frequently Asked Questions about Hawaii Surfing Production Corp
Is Hawaii Surfing Production Corp a legitimate charity?
Hawaii Surfing Production Corp (EIN: 208664448) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $110K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Hawaii Surfing Production Corp spend its money?
Hawaii Surfing Production Corp directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Hawaii Surfing Production Corp tax-deductible?
Hawaii Surfing Production Corp is registered as a tax-exempt nonprofit (EIN: 208664448). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hawaii Surfing Production Corp compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hawaii Surfing Production Corp is above average for NTEE category N67 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hawaii Surfing Production Corp located?
Hawaii Surfing Production Corp is headquartered in Kailua, Hawaii and files with the IRS under EIN 208664448. It is classified under NTEE code N67.
How many years of IRS 990 filings does Hawaii Surfing Production Corp have?
Hawaii Surfing Production Corp has 14 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 $110K in total revenue.
Is Hawaii Surfing Production Corp financially stable?
Yes, the organization appears financially stable. In the latest period (202409), revenue ($118,738) exceeded expenses ($113,068), and assets ($45,813) significantly outweigh liabilities ($0).
How has the organization's financial health changed over time?
The organization's financial health has significantly improved. It moved from periods with negative net assets and liabilities (e.g., 201909 with assets of $3,294 and liabilities of $16,816) to a strong position with growing assets and zero liabilities in recent years.
Does Hawaii Surfing Production Corp pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation across all 14 periods, indicating a volunteer-driven leadership.
What is the organization's asset growth trend?
Assets have shown a strong upward trend, increasing from a low of $3,294 in 201909 to $45,813 in 202409, demonstrating healthy financial accumulation.
Filing History
IRS 990 filing history for Hawaii Surfing Production Corp showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Hawaii Surfing Production Corp's revenue has grown by 189.4%, moving from $41K to $119K. Total assets increased by 453.4% over the same period, from $8K to $46K. Total functional expenses rose by 735.4%, from $14K to $113K. In its most recent filing year (2024), Hawaii Surfing Production Corp reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $119K | $113K | $46K | $0 | — | — |
| 2023 | $109K | $88K | $40K | $0 | — | View 990 |
| 2022 | $68K | $49K | $28K | $9K | — | View 990 |
| 2021 | $10K | $1K | $14K | $14K | — | View 990 |
| 2020 | $3K | $-1,394 | $8K | $17K | — | View 990 |
| 2019 | $50K | $62K | $3K | $17K | — | View 990 |
| 2018 | $71K | $73K | $16K | $17K | — | View 990 |
| 2017 | $97K | $103K | $17K | $17K | — | — |
| 2016 | $120K | $153K | $22K | $17K | — | View 990 |
| 2015 | $710K | $690K | $63K | $25K | — | View 990 |
| 2014 | $96K | $60K | $35K | $17K | — | View 990 |
| 2013 | $18K | $24K | $0 | $17K | — | View 990 |
| 2012 | $17K | $20K | $5K | $17K | — | View 990 |
| 2011 | $41K | $14K | $8K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $119K, expenses of $113K, and assets of $46K (revenue +8.8% year-over-year).
- 2023: Revenue of $109K, expenses of $88K, and assets of $40K (revenue +60.2% year-over-year).
- 2022: Revenue of $68K, expenses of $49K, and assets of $28K (revenue +594.0% year-over-year).
- 2021: Revenue of $10K, expenses of $1K, and assets of $14K (revenue +200.2% year-over-year).
- 2020: Revenue of $3K, expenses of $-1,394, and assets of $8K (revenue -93.4% year-over-year).
- 2019: Revenue of $50K, expenses of $62K, and assets of $3K (revenue -30.3% year-over-year).
- 2018: Revenue of $71K, expenses of $73K, and assets of $16K (revenue -26.7% year-over-year).
- 2017: Revenue of $97K, expenses of $103K, and assets of $17K (revenue -19.1% year-over-year).
- 2016: Revenue of $120K, expenses of $153K, and assets of $22K (revenue -83.0% year-over-year).
- 2015: Revenue of $710K, expenses of $690K, and assets of $63K (revenue +640.2% year-over-year).
- 2014: Revenue of $96K, expenses of $60K, and assets of $35K (revenue +432.4% year-over-year).
- 2013: Revenue of $18K, expenses of $24K, and assets of $0 (revenue +7.4% year-over-year).
- 2012: Revenue of $17K, expenses of $20K, and assets of $5K (revenue -59.2% year-over-year).
- 2011: Revenue of $41K, expenses of $14K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hawaii Surfing Production Corp:
Data Sources and Methodology
This transparency report for Hawaii Surfing Production Corp 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.