Honolulu House Inc
Honolulu House Inc. consistently operates at a deficit with growing liabilities exceeding assets.
EIN: 200975755 · Honolulu, HI · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $50K |
| Total Expenses | $73K |
| Program Spending | 70% |
| Net Assets | $-326,122 |
| Transparency Score | 45/100 |
Is Honolulu House Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Honolulu House Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Honolulu House Inc
Honolulu House Inc (EIN: 200975755) is a nonprofit organization based in Honolulu, HI, classified under NTEE code L22. The organization reported total revenue of $50K and total assets of $528K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Honolulu House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Honolulu House Inc is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $73K |
| Surplus / Deficit | $-23,207 |
| Total Assets | $528K |
| Total Liabilities | $855K |
| Net Assets | $-326,122 |
| Operating Margin | -46.3% |
| Debt-to-Asset Ratio | 161.7% |
| Months of Reserves | 86.5 months |
Financial Health Grade: C
In 2023, Honolulu House Inc reported a deficit of $23K with expenses exceeding revenue, holds 86.5 months of operating reserves (strong position), has a debt-to-asset ratio of 161.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Honolulu House Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.2% | -6.3% | +0.8% |
| 2022 | -4.5% | +3.4% | +3.0% |
| 2021 | -4.9% | +3.4% | -2.6% |
| 2020 | +0.3% | -3.4% | -2.9% |
| 2019 | +1.3% | -7.9% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Honolulu House Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 25%
- programs: 70%
- fundraising: 5%
According to IRS 990 filings, Honolulu House Inc allocates its expenses as follows: admin: 25%, programs: 70%, fundraising: 5%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 161.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the organization, which is a positive for minimizing administrative costs.
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 Honolulu House Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceed revenue in all reported years, e.g., $73,320 expenses vs. $50,113 revenue in 2023).
- Liabilities significantly exceed assets ($854,583 liabilities vs. $528,461 assets in 2023).
- Increasing trend in liabilities over the past decade.
- Declining asset base from $609,220 in 2014 to $528,461 in 2023.
Strengths
The following positive indicators were identified for Honolulu House Inc:
- 0% officer compensation reported across all filings, indicating no executive salaries.
- Long operating history with 13 filings available.
Frequently Asked Questions about Honolulu House Inc
Is Honolulu House Inc a legitimate charity?
Honolulu House Inc (EIN: 200975755) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $50K. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does Honolulu House Inc spend its money?
Honolulu House Inc directs 70% of its spending to programs and services. Fundraising costs 5%. This meets the 65% industry benchmark.
Are donations to Honolulu House Inc tax-deductible?
Honolulu House Inc is registered as a tax-exempt nonprofit (EIN: 200975755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Honolulu House Inc's spending goes to programs?
Honolulu House Inc directs 70% to programs, 5% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Honolulu House Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Honolulu House Inc is near average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Honolulu House Inc located?
Honolulu House Inc is headquartered in Honolulu, Hawaii and files with the IRS under EIN 200975755. It is classified under NTEE code L22.
How many years of IRS 990 filings does Honolulu House Inc have?
Honolulu House Inc 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 $50K in total revenue.
How does Honolulu House Inc. cover its consistent operational deficits?
The organization consistently spends more than it earns, with expenses exceeding revenue in every reported year (e.g., $73,320 expenses vs. $50,113 revenue in 2023). This suggests they are either drawing down on prior reserves, receiving non-revenue contributions not fully captured, or increasing liabilities to cover operational costs.
What is the long-term financial outlook given the increasing liabilities?
The organization's liabilities have steadily increased, reaching $854,583 in 2023, while assets are $528,461. This negative net asset position and growing debt raise significant concerns about the organization's long-term financial viability and ability to sustain operations without a change in financial strategy.
What are the primary expense categories for Honolulu House Inc.?
While the 990 filings provide total expenses (e.g., $73,320 in 2023), a detailed breakdown of program, administrative, and fundraising expenses is not readily available in the provided summary. This lack of detail makes it difficult to fully assess spending efficiency.
Filing History
IRS 990 filing history for Honolulu House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Honolulu House Inc's revenue has grown by 2.4%, moving from $49K to $50K. Total assets decreased by 16.6% over the same period, from $633K to $528K. Total functional expenses rose by 30.3%, from $56K to $73K. In its most recent filing year (2023), Honolulu House Inc reported a deficit of $23K, with expenses exceeding revenue. The organization holds $855K in liabilities against $528K in assets (debt-to-asset ratio: 161.7%), resulting in net assets of $-326,122.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $50K | $73K | $528K | $855K | — | — |
| 2022 | $51K | $78K | $525K | $823K | — | View 990 |
| 2021 | $53K | $76K | $509K | $780K | — | — |
| 2020 | $56K | $73K | $523K | $772K | — | — |
| 2019 | $56K | $76K | $538K | $770K | — | View 990 |
| 2018 | $55K | $82K | $548K | $759K | — | View 990 |
| 2017 | $55K | $75K | $558K | $743K | — | View 990 |
| 2016 | $55K | $79K | $575K | $740K | — | View 990 |
| 2015 | $56K | $66K | $600K | $740K | — | View 990 |
| 2014 | $56K | $66K | $609K | $740K | — | View 990 |
| 2013 | $55K | $64K | $619K | $740K | — | View 990 |
| 2012 | $55K | $60K | $628K | $740K | — | View 990 |
| 2011 | $49K | $56K | $633K | $740K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $50K, expenses of $73K, and assets of $528K (revenue -1.2% year-over-year).
- 2022: Revenue of $51K, expenses of $78K, and assets of $525K (revenue -4.5% year-over-year).
- 2021: Revenue of $53K, expenses of $76K, and assets of $509K (revenue -4.9% year-over-year).
- 2020: Revenue of $56K, expenses of $73K, and assets of $523K (revenue +0.3% year-over-year).
- 2019: Revenue of $56K, expenses of $76K, and assets of $538K (revenue +1.3% year-over-year).
- 2018: Revenue of $55K, expenses of $82K, and assets of $548K (revenue -0.7% year-over-year).
- 2017: Revenue of $55K, expenses of $75K, and assets of $558K (revenue +0.4% year-over-year).
- 2016: Revenue of $55K, expenses of $79K, and assets of $575K (revenue -0.8% year-over-year).
- 2015: Revenue of $56K, expenses of $66K, and assets of $600K (revenue -0.4% year-over-year).
- 2014: Revenue of $56K, expenses of $66K, and assets of $609K (revenue +0.9% year-over-year).
- 2013: Revenue of $55K, expenses of $64K, and assets of $619K (revenue +0.7% year-over-year).
- 2012: Revenue of $55K, expenses of $60K, and assets of $628K (revenue +12.2% year-over-year).
- 2011: Revenue of $49K, expenses of $56K, and assets of $633K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Honolulu House Inc:
Data Sources and Methodology
This transparency report for Honolulu House Inc 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.