Ho Opale Foundation
EIN: 465449342 · Honolulu, HI · NTEE: T90
| Metric | Value |
|---|---|
| Total Expenses | $3K |
| Net Assets | $10K |
Is Ho Opale Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ho Opale Foundation
Ho Opale Foundation (EIN: 465449342) is a nonprofit organization based in Honolulu, HI, classified under NTEE code T90. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ho Opale Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ho Opale Foundation is a micro nonprofit that has been operating for 12 years, with 2 years of IRS 990 filings on record (2018–2019). Revenue has grown at a compound annual rate of -86.6%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $3K |
| Surplus / Deficit | +$9K |
| Total Assets | $11K |
| Total Liabilities | $1K |
| Net Assets | $10K |
| Operating Margin | 76.5% |
| Debt-to-Asset Ratio | 10.4% |
| Months of Reserves | 48.1 months |
Financial Health Grade: A
In 2019, Ho Opale Foundation reported a surplus of $9K with revenue exceeding expenses, holds 48.1 months of operating reserves (strong position), has a debt-to-asset ratio of 10.4% (very low leverage).
Financial Trends
Over 2 years of filings (2018–2019), Ho Opale Foundation's revenue has declined at a compound annual growth rate (CAGR) of -86.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -86.6% | -92.4% | +989.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ho Opale Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ho Opale Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.4%.
Frequently Asked Questions about Ho Opale Foundation
Is Ho Opale Foundation a legitimate charity?
Ho Opale Foundation (EIN: 465449342) is a registered tax-exempt nonprofit based in Hawaii. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Ho Opale Foundation spend its money?
Ho Opale Foundation reported its financials in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ho Opale Foundation tax-deductible?
Ho Opale Foundation is registered as a tax-exempt nonprofit (EIN: 465449342). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ho Opale Foundation located?
Ho Opale Foundation is headquartered in Honolulu, Hawaii and files with the IRS under EIN 465449342. It is classified under NTEE code T90.
How many years of IRS 990 filings does Ho Opale Foundation have?
Ho Opale Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Ho Opale Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2018–2019), Ho Opale Foundation's revenue has declined by 86.6%, moving from $86K to $11K. Total assets increased by 989.3% over the same period, from $994 to $11K. Total functional expenses fell by 92.4%, from $36K to $3K. In its most recent filing year (2019), Ho Opale Foundation reported a surplus of $9K, with revenue exceeding expenses. The organization holds $1K in liabilities against $11K in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $10K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $11K | $3K | $11K | $1K | — | View 990 |
| 2018 | $86K | $36K | $994 | $68 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ho Opale Foundation:
Data Sources and Methodology
This transparency report for Ho Opale 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.