Hawaii Usa Federal Credit Unionfoundation Llc
Hawaii Usa Federal Credit Unionfoundation Llc frequently operates at a deficit, with expenses exceeding revenue in multiple recent years.
EIN: 208212774 · Honolulu, HI · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $210K |
| Total Expenses | $150K |
| Program Spending | 80% |
| Net Assets | $62K |
| Transparency Score | 65/100 |
Is Hawaii Usa Federal Credit Unionfoundation Llc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hawaii Usa Federal Credit Unionfoundation Llc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hawaii Usa Federal Credit Unionfoundation Llc
Hawaii Usa Federal Credit Unionfoundation Llc (EIN: 208212774) is a nonprofit organization based in Honolulu, HI, classified under NTEE code T21. The organization reported total revenue of $210K and total assets of $139K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hawaii Usa Federal Credit Unionfoundation Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hawaii Usa Federal Credit Unionfoundation Llc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $100K |
| Total Expenses | $150K |
| Surplus / Deficit | $-49,522 |
| Total Assets | $62K |
| Total Liabilities | $1 |
| Net Assets | $62K |
| Operating Margin | -49.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 5.0 months |
Financial Health Grade: B
In 2023, Hawaii Usa Federal Credit Unionfoundation Llc reported a deficit of $50K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hawaii Usa Federal Credit Unionfoundation Llc's revenue has grown at a compound annual growth rate (CAGR) of -0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9999900.0% | +1.3% | -44.5% |
| 2022 | -100.0% | -51.4% | -56.2% |
| 2021 | +112.5% | +81.0% | +92.4% |
| 2020 | +0.0% | +63.3% | +32.1% |
| 2019 | +100.0% | +5.8% | +3308.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Usa Federal Credit Unionfoundation Llc with a Mission Score of 65 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Hawaii Usa Federal Credit Unionfoundation Llc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 deficit of $50K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0%, indicating that no funds are allocated to officer salaries, which is highly favorable for directing resources towards the organization's 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.
Red Flags
The following concerns were identified during AI analysis of Hawaii Usa Federal Credit Unionfoundation Llc's IRS 990 filings:
- Frequent operating deficits where expenses exceed revenue (e.g., 2023, 2022, 2017, 2014).
- Significant volatility in annual revenue, making financial planning challenging (e.g., $1 in 2022 vs. $425,000 in 2021).
- Substantial decline in assets over recent years, from $254,444 in 2021 to $61,825 in 2023, without clear explanation in the provided data.
Strengths
The following positive indicators were identified for Hawaii Usa Federal Credit Unionfoundation Llc:
- Consistent 0% officer compensation, indicating efficient use of funds for mission.
- Consistently low liabilities, suggesting good debt management.
- Long filing history (13 filings) indicates commitment to transparency through IRS reporting.
Frequently Asked Questions about Hawaii Usa Federal Credit Unionfoundation Llc
Is Hawaii Usa Federal Credit Unionfoundation Llc a legitimate charity?
Hawaii Usa Federal Credit Unionfoundation Llc (EIN: 208212774) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $210K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Hawaii Usa Federal Credit Unionfoundation Llc spend its money?
Hawaii Usa Federal Credit Unionfoundation Llc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Hawaii Usa Federal Credit Unionfoundation Llc tax-deductible?
Hawaii Usa Federal Credit Unionfoundation Llc is registered as a tax-exempt nonprofit (EIN: 208212774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hawaii Usa Federal Credit Unionfoundation Llc's spending goes to programs?
Hawaii Usa Federal Credit Unionfoundation Llc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hawaii Usa Federal Credit Unionfoundation Llc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Hawaii Usa Federal Credit Unionfoundation Llc is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hawaii Usa Federal Credit Unionfoundation Llc located?
Hawaii Usa Federal Credit Unionfoundation Llc is headquartered in Honolulu, Hawaii and files with the IRS under EIN 208212774. It is classified under NTEE code T21.
How many years of IRS 990 filings does Hawaii Usa Federal Credit Unionfoundation Llc have?
Hawaii Usa Federal Credit Unionfoundation Llc 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 $210K in total revenue.
Is Hawaii Usa Federal Credit Unionfoundation Llc financially sustainable given its frequent operating deficits?
The organization has frequently reported expenses exceeding revenue, such as $149,522 in expenses against $100,000 in revenue in 2023, and $147,622 in expenses against only $1 in revenue in 2022. This pattern suggests potential reliance on prior reserves or other funding mechanisms to cover operational costs, raising questions about long-term financial sustainability.
What caused the significant drop in assets from $254,444 in 2021 to $61,825 in 2023?
The provided data shows a substantial decrease in assets over two years, from $254,444 in 2021 to $111,347 in 2022, and further to $61,825 in 2023. This could be due to significant program expenditures, investment losses, or other asset liquidations, which would require further detail from the full 990 filings to understand.
How does the organization manage to operate with such low reported liabilities?
The organization consistently reports very low liabilities ($0 or $1 across all provided filings), which indicates strong financial management regarding debt and obligations. This suggests they are either operating on a cash basis or have very efficient payment cycles.
What are the primary sources of revenue for the organization, given the fluctuating amounts?
Revenue has fluctuated significantly, from $1 in 2022 to $425,000 in 2021 and $100,000 in 2023. This volatility suggests reliance on grants, specific fundraising campaigns, or other non-recurring income sources, rather than a stable, predictable revenue stream.
Filing History
IRS 990 filing history for Hawaii Usa Federal Credit Unionfoundation Llc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hawaii Usa Federal Credit Unionfoundation Llc's revenue has declined by 0.5%, moving from $100K to $100K. Total assets increased by 10486.5% over the same period, from $584 to $62K. Total functional expenses rose by 48.8%, from $100K to $150K. In its most recent filing year (2023), Hawaii Usa Federal Credit Unionfoundation Llc reported a deficit of $50K, with expenses exceeding revenue. The organization holds $1 in liabilities against $62K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $62K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $100K | $150K | $62K | $1 | — | — |
| 2022 | $1 | $148K | $111K | $1 | — | View 990 |
| 2021 | $425K | $304K | $254K | $1 | — | View 990 |
| 2020 | $200K | $168K | $132K | $1 | — | — |
| 2019 | $200K | $103K | $100K | $0 | — | View 990 |
| 2018 | $100K | $97K | $3K | $0 | — | View 990 |
| 2017 | $100K | $100K | $122 | $0 | — | View 990 |
| 2016 | $100K | $100K | $391 | $0 | — | View 990 |
| 2015 | $100K | $100K | $123 | $0 | — | View 990 |
| 2014 | $102K | $103K | $1 | $132 | — | View 990 |
| 2013 | $100K | $104K | $413 | $0 | — | View 990 |
| 2012 | $100K | $96K | $5K | $0 | — | View 990 |
| 2011 | $100K | $100K | $584 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $100K, expenses of $150K, and assets of $62K (revenue +9999900.0% year-over-year).
- 2022: Revenue of $1, expenses of $148K, and assets of $111K (revenue -100.0% year-over-year).
- 2021: Revenue of $425K, expenses of $304K, and assets of $254K (revenue +112.5% year-over-year).
- 2020: Revenue of $200K, expenses of $168K, and assets of $132K (revenue +0.0% year-over-year).
- 2019: Revenue of $200K, expenses of $103K, and assets of $100K (revenue +100.0% year-over-year).
- 2018: Revenue of $100K, expenses of $97K, and assets of $3K (revenue +0.0% year-over-year).
- 2017: Revenue of $100K, expenses of $100K, and assets of $122 (revenue +0.0% year-over-year).
- 2016: Revenue of $100K, expenses of $100K, and assets of $391 (revenue +0.0% year-over-year).
- 2015: Revenue of $100K, expenses of $100K, and assets of $123 (revenue -2.4% year-over-year).
- 2014: Revenue of $102K, expenses of $103K, and assets of $1 (revenue +2.4% year-over-year).
- 2013: Revenue of $100K, expenses of $104K, and assets of $413 (revenue +0.0% year-over-year).
- 2012: Revenue of $100K, expenses of $96K, and assets of $5K (revenue -0.5% year-over-year).
- 2011: Revenue of $100K, expenses of $100K, and assets of $584.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hawaii Usa Federal Credit Unionfoundation Llc:
Data Sources and Methodology
This transparency report for Hawaii Usa Federal Credit Unionfoundation Llc 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.