Hoakalei Cultural Foundation
Hoakalei Cultural Foundation operates with minimal recent financial activity and no reported officer compensation.
EIN: 205340167 · Ewa Beach, HI · NTEE: A23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $980 |
| Program Spending | 100% |
| Net Assets | $7K |
| Transparency Score | 65/100 |
Is Hoakalei Cultural Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hoakalei Cultural Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hoakalei Cultural Foundation
Hoakalei Cultural Foundation (EIN: 205340167) is a nonprofit organization based in Ewa Beach, HI, classified under NTEE code A23. The organization reported total revenue of $980 and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hoakalei Cultural Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hoakalei Cultural Foundation is a micro nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $0 |
| Surplus / Deficit | +$7K |
| Total Assets | $7K |
| Net Assets | $7K |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2023, Hoakalei Cultural Foundation reported a surplus of $7K with revenue exceeding expenses.
Financial Trends
Over 4 years of filings (2011–2023), Hoakalei Cultural Foundation's revenue has declined at a compound annual growth rate (CAGR) of -6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +264.0% | -100.0% | +624.5% |
| 2021 | -100.0% | -100.0% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1238 |
| IRS Ruling Date | 2019 |
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 Hoakalei Cultural Foundation 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Hoakalei Cultural Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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:
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or directors are receiving salaries from the organization, which is appropriate for an organization of this size and financial activity.
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 Hoakalei Cultural Foundation's IRS 990 filings:
- Inconsistent financial activity with periods of $0 expenses, raising questions about program delivery.
- Very low revenue in recent years, potentially limiting impact and sustainability.
Strengths
The following positive indicators were identified for Hoakalei Cultural Foundation:
- No reported officer compensation, indicating efficient use of funds for administrative costs.
- Low liabilities ($0 across all filings), suggesting financial prudence.
Frequently Asked Questions about Hoakalei Cultural Foundation
Is Hoakalei Cultural Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hoakalei Cultural Foundation (EIN: 205340167) some concerns. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
How does Hoakalei Cultural Foundation spend its money?
Hoakalei Cultural Foundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hoakalei Cultural Foundation tax-deductible?
Hoakalei Cultural Foundation is registered as a tax-exempt nonprofit (EIN: 205340167). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hoakalei Cultural Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Hoakalei Cultural Foundation is above average for NTEE category A23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hoakalei Cultural Foundation located?
Hoakalei Cultural Foundation is headquartered in Ewa Beach, Hawaii and files with the IRS under EIN 205340167. It is classified under NTEE code A23.
How many years of IRS 990 filings does Hoakalei Cultural Foundation have?
Hoakalei Cultural Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $980 in total revenue.
What programs did Hoakalei Cultural Foundation conduct in years with $0 reported expenses?
The IRS 990 filings for periods 202312 and 202112 show $0 in reported expenses. Without further information, it's unclear what, if any, programs were conducted during these periods or how they were funded if not through reported expenses.
How does the organization sustain itself with such low revenue and inconsistent activity?
With recent revenues as low as $980 (latest) and $0 (2021), the organization's sustainability relies on its small asset base ($12,693) and potentially volunteer efforts, as there are no reported expenses for officer compensation or significant operational costs in recent years.
What is the current scope of the Hoakalei Cultural Foundation's activities?
Based on the financial data, the current scope of activities appears to be very limited, given the minimal revenue and expenses reported in recent years. The NTEE code A23 suggests a focus on historical societies and historic preservation, but the financial data doesn't provide details on specific programs.
Filing History
IRS 990 filing history for Hoakalei Cultural Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2023), Hoakalei Cultural Foundation's revenue has declined by 57%, moving from $17K to $7K. Total assets decreased by 73.6% over the same period, from $28K to $7K. Total functional expenses fell by 100%, from $20K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7K | $0 | $7K | $0 | — | View 990 |
| 2022 | $2K | $1K | $1K | $0 | — | View 990 |
| 2021 | $0 | $0 | $1 | $0 | — | View 990 |
| 2011 | $17K | $20K | $28K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7K, expenses of $0, and assets of $7K (revenue +264.0% year-over-year).
- 2022: Revenue of $2K, expenses of $1K, and assets of $1K.
- 2021: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2011: Revenue of $17K, expenses of $20K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hoakalei Cultural Foundation:
Data Sources and Methodology
This transparency report for Hoakalei Cultural 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.