Hawaii Venture Capital Association
Hawaii Venture Capital Association maintains stable finances with no reported officer compensation.
EIN: 10703365 · Honolulu, HI · NTEE: S30 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $95K |
| Total Expenses | $91K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $102K |
| Transparency Score | 90/100 |
Is Hawaii Venture Capital Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hawaii Venture Capital Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hawaii Venture Capital Association
Hawaii Venture Capital Association (EIN: 10703365) is a nonprofit organization based in Honolulu, HI, classified under NTEE code S30. The organization reported total revenue of $95K and total assets of $111K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hawaii Venture Capital Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hawaii Venture Capital Association is a micro nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $91K |
| Surplus / Deficit | +$16K |
| Total Assets | $102K |
| Net Assets | $102K |
| Operating Margin | 14.6% |
| Months of Reserves | 13.4 months |
Financial Health Grade: A
In 2024, Hawaii Venture Capital Association reported a surplus of $16K with revenue exceeding expenses, holds 13.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2024), Hawaii Venture Capital Association's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -2.7% | +4.8% | +18.0% |
| 2023 | +162.5% | +88.8% | +35.6% |
| 2022 | -3.3% | +116.6% | -35.6% |
| 2021 | -47.2% | -68.9% | +170.4% |
| 2019 | -1.5% | +2.0% | +57.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
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 Venture Capital Association 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: 85%
- fundraising: 5%
According to IRS 990 filings, Hawaii Venture Capital Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $16K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer categories, which is highly favorable for a nonprofit of its size with revenues around $100,000.
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 Venture Capital Association:
- Consistent financial stability with revenues generally exceeding expenses.
- Strong asset growth, from $2,836 in 201404 to $101,964 in 202404.
- 0% reported officer compensation across all filings, indicating high efficiency and volunteer leadership.
- Consistent IRS 990 filing history (13 filings), demonstrating transparency.
- No reported liabilities in any of the provided filings, indicating a debt-free operation.
Frequently Asked Questions about Hawaii Venture Capital Association
Is Hawaii Venture Capital Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Hawaii Venture Capital Association (EIN: 10703365) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Hawaii Venture Capital Association spend its money?
Hawaii Venture Capital Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hawaii Venture Capital Association tax-deductible?
Hawaii Venture Capital Association is registered as a tax-exempt nonprofit (EIN: 10703365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hawaii Venture Capital Association CEO make?
Hawaii Venture Capital Association's highest-compensated officer earns $100,000. annually. The organization reported $95K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hawaii Venture Capital Association's spending goes to programs?
Hawaii Venture Capital Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hawaii Venture Capital Association compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Hawaii Venture Capital Association is above average for NTEE category S30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hawaii Venture Capital Association located?
Hawaii Venture Capital Association is headquartered in Honolulu, Hawaii and files with the IRS under EIN 10703365. It is classified under NTEE code S30.
How many years of IRS 990 filings does Hawaii Venture Capital Association have?
Hawaii Venture Capital Association 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 $95K in total revenue.
Is Hawaii Venture Capital Association a good charity?
Based on its financial data, HVCA appears to be a well-managed organization. It consistently operates with a surplus, has growing assets, and reports 0% officer compensation, suggesting high efficiency and dedication to its mission.
How does HVCA manage its expenses relative to its revenue?
HVCA generally manages its expenses effectively, often spending less than its revenue. For example, in 202404, revenue was $106,790 while expenses were $91,207, allowing for asset growth.
What is the trend in HVCA's assets?
HVCA's assets have shown significant growth over time, increasing from $2,836 in 201404 to $101,964 in 202404, indicating strong financial health and accumulation of resources.
Filing History
IRS 990 filing history for Hawaii Venture Capital Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Hawaii Venture Capital Association's revenue has grown by 160.7%, moving from $41K to $107K. Total assets increased by 1527% over the same period, from $6K to $102K. Total functional expenses rose by 59.9%, from $57K to $91K. In its most recent filing year (2024), Hawaii Venture Capital Association reported a surplus of $16K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $107K | $91K | $102K | $0 | — | View 990 |
| 2023 | $110K | $87K | $86K | $0 | — | View 990 |
| 2022 | $42K | $46K | $64K | $0 | — | View 990 |
| 2021 | $43K | $21K | $99K | $0 | — | — |
| 2019 | $82K | $69K | $37K | $0 | — | View 990 |
| 2018 | $83K | $67K | $23K | $0 | — | View 990 |
| 2017 | $58K | $66K | $5K | $0 | — | View 990 |
| 2016 | $72K | $65K | $13K | $0 | — | View 990 |
| 2015 | $55K | $52K | $6K | $0 | — | View 990 |
| 2014 | $38K | $36K | $3K | $0 | — | View 990 |
| 2013 | $41K | $42K | $2K | $0 | — | View 990 |
| 2012 | $52K | $55K | $3K | $0 | — | View 990 |
| 2011 | $41K | $57K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $107K, expenses of $91K, and assets of $102K (revenue -2.7% year-over-year).
- 2023: Revenue of $110K, expenses of $87K, and assets of $86K (revenue +162.5% year-over-year).
- 2022: Revenue of $42K, expenses of $46K, and assets of $64K (revenue -3.3% year-over-year).
- 2021: Revenue of $43K, expenses of $21K, and assets of $99K (revenue -47.2% year-over-year).
- 2019: Revenue of $82K, expenses of $69K, and assets of $37K (revenue -1.5% year-over-year).
- 2018: Revenue of $83K, expenses of $67K, and assets of $23K (revenue +42.8% year-over-year).
- 2017: Revenue of $58K, expenses of $66K, and assets of $5K (revenue -18.9% year-over-year).
- 2016: Revenue of $72K, expenses of $65K, and assets of $13K (revenue +29.9% year-over-year).
- 2015: Revenue of $55K, expenses of $52K, and assets of $6K (revenue +45.9% year-over-year).
- 2014: Revenue of $38K, expenses of $36K, and assets of $3K (revenue -8.3% year-over-year).
- 2013: Revenue of $41K, expenses of $42K, and assets of $2K (revenue -20.0% year-over-year).
- 2012: Revenue of $52K, expenses of $55K, and assets of $3K (revenue +26.1% year-over-year).
- 2011: Revenue of $41K, expenses of $57K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hawaii Venture Capital Association:
Data Sources and Methodology
This transparency report for Hawaii Venture Capital Association 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.