Hoola Veteran Services
EIN: 472842514 · Hilo, HI · NTEE: E01
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.1M |
| Net Assets | $269K |
Is Hoola Veteran Services Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hoola Veteran Services
Hoola Veteran Services (EIN: 472842514) is a nonprofit organization based in Hilo, HI, classified under NTEE code E01. The organization reported total revenue of $1.2M and total assets of $153K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hoola Veteran Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hoola Veteran Services is a mid-size nonprofit that has been operating for 11 years, with 3 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 70.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$244K |
| Total Assets | $269K |
| Net Assets | $269K |
| Operating Margin | 17.8% |
| Months of Reserves | 2.9 months |
Financial Health Grade: A
In 2023, Hoola Veteran Services reported a surplus of $244K with revenue exceeding expenses, holds 2.9 months of operating reserves (limited).
Financial Trends
Over 3 years of filings (2015–2023), Hoola Veteran Services's revenue has grown at a compound annual growth rate (CAGR) of 70.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.3% | +58.3% | +387.6% |
| 2022 | +4522.2% | +2706.5% | — |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hoola Veteran Services 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 Hoola Veteran Services 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $244K, with revenue exceeding expenses.
Frequently Asked Questions about Hoola Veteran Services
Is Hoola Veteran Services a legitimate charity?
Based on AI analysis of IRS 990 filings, Hoola Veteran Services (EIN: 472842514) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hoola Veteran Services spend its money?
Detailed spending breakdown data is not yet available for Hoola Veteran Services. Check back for updated IRS 990 analysis.
Are donations to Hoola Veteran Services tax-deductible?
Hoola Veteran Services is registered as a tax-exempt nonprofit (EIN: 472842514). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hoola Veteran Services located?
Hoola Veteran Services is headquartered in Hilo, Hawaii and files with the IRS under EIN 472842514. It is classified under NTEE code E01.
How many years of IRS 990 filings does Hoola Veteran Services have?
Hoola Veteran Services has 3 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Hoola Veteran Services showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2015–2023), Hoola Veteran Services's revenue has grown by 7030.9%, moving from $19K to $1.4M. Total functional expenses rose by 4343.1%, from $25K to $1.1M. In its most recent filing year (2023), Hoola Veteran Services reported a surplus of $244K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.1M | $269K | $0 | — | — |
| 2022 | $891K | $715K | $55K | $0 | — | — |
| 2015 | $19K | $25K | $-6,172 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.1M, and assets of $269K (revenue +54.3% year-over-year).
- 2022: Revenue of $891K, expenses of $715K, and assets of $55K (revenue +4522.2% year-over-year).
- 2015: Revenue of $19K, expenses of $25K, and assets of $-6,172.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hoola Veteran Services:
Data Sources and Methodology
This transparency report for Hoola Veteran Services 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.