Iao School Renaissance Foundation
Iao School Renaissance Foundation faces declining assets and recent operating deficits despite no executive compensation.
EIN: 208804183 · Wailuku, HI · NTEE: O12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $51K |
| Total Expenses | $32K |
| Program Spending | 85% |
| Net Assets | $16K |
| Transparency Score | 70/100 |
Is Iao School Renaissance Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Iao School Renaissance Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Iao School Renaissance Foundation
Iao School Renaissance Foundation (EIN: 208804183) is a nonprofit organization based in Wailuku, HI, classified under NTEE code O12. The organization reported total revenue of $51K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iao School Renaissance Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iao School Renaissance Foundation is a micro nonprofit that has been operating for 3 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $32K |
| Surplus / Deficit | $-16,828 |
| Total Assets | $16K |
| Net Assets | $16K |
| Operating Margin | -112.7% |
| Months of Reserves | 6.1 months |
Financial Health Grade: B
In 2023, Iao School Renaissance Foundation reported a deficit of $17K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Iao School Renaissance Foundation's revenue has declined at a compound annual growth rate (CAGR) of -7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.5% | +21.3% | -51.2% |
| 2022 | +71.7% | +28.4% | +9.3% |
| 2021 | -38.9% | +17.4% | -10.5% |
| 2020 | +31.0% | -39.2% | +43.8% |
| 2019 | +9.6% | +13.8% | -24.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2023 |
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 Iao School Renaissance Foundation with a Mission Score of 70 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Iao School Renaissance Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not reported as officer compensation, which is highly efficient for a nonprofit of this size.
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 Iao School Renaissance Foundation's IRS 990 filings:
- Consistent decline in assets from $48,352 in 2014 to $16,034 in 2023.
- Expenses ($31,755 in 2023) significantly exceeding revenue ($14,927 in 2023) in recent periods, indicating operating deficits.
- Fluctuating and generally declining revenue trend over the past decade.
Strengths
The following positive indicators were identified for Iao School Renaissance Foundation:
- 0% officer compensation reported across all filings, indicating high efficiency and dedication.
- No reported liabilities, suggesting a debt-free financial position.
- Consistent filing of IRS 990 forms, demonstrating transparency.
Frequently Asked Questions about Iao School Renaissance Foundation
Is Iao School Renaissance Foundation a legitimate charity?
Iao School Renaissance Foundation (EIN: 208804183) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $51K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Iao School Renaissance Foundation spend its money?
Iao School Renaissance Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Iao School Renaissance Foundation tax-deductible?
Iao School Renaissance Foundation is registered as a tax-exempt nonprofit (EIN: 208804183). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Iao School Renaissance Foundation's spending goes to programs?
Iao School Renaissance Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Iao School Renaissance Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Iao School Renaissance Foundation is above average for NTEE category O12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Iao School Renaissance Foundation located?
Iao School Renaissance Foundation is headquartered in Wailuku, Hawaii and files with the IRS under EIN 208804183. It is classified under NTEE code O12.
How many years of IRS 990 filings does Iao School Renaissance Foundation have?
Iao School Renaissance Foundation has 12 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 $51K in total revenue.
Is Iao School Renaissance Foundation financially sustainable?
The foundation's financial sustainability is a concern, given the consistent decline in assets from $48,352 in 2014 to $16,034 in 2023, and recent years where expenses ($31,755 in 2023) significantly exceeded revenue ($14,927 in 2023).
How does the organization manage its administrative costs?
The organization appears to manage administrative costs very efficiently, as evidenced by the consistent reporting of 0% officer compensation and a lean operational structure, allowing a high percentage of funds to go towards programs.
What is the trend in the organization's revenue?
Revenue has fluctuated over the years, with the latest reported revenue at $14,927 in 2023, which is lower than previous years like $28,963 in 2022 and $31,580 in 2014, indicating an inconsistent fundraising performance.
Are there any liabilities reported by the organization?
No liabilities have been reported in any of the available IRS 990 filings, indicating a healthy balance sheet free of debt.
Filing History
IRS 990 filing history for Iao School Renaissance Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Iao School Renaissance Foundation's revenue has declined by 55.8%, moving from $34K to $15K. Total assets decreased by 55% over the same period, from $36K to $16K. Total functional expenses rose by 13.3%, from $28K to $32K. In its most recent filing year (2023), Iao School Renaissance Foundation reported a deficit of $17K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $32K | $16K | $0 | — | View 990 |
| 2022 | $29K | $26K | $33K | $0 | — | — |
| 2021 | $17K | $20K | $30K | $0 | — | — |
| 2020 | $28K | $17K | $34K | $0 | — | — |
| 2019 | $21K | $29K | $23K | $0 | — | View 990 |
| 2018 | $19K | $25K | $31K | $0 | — | View 990 |
| 2017 | $12K | $18K | $37K | $0 | — | View 990 |
| 2016 | $16K | $19K | $42K | $0 | — | View 990 |
| 2015 | $19K | $23K | $45K | $0 | — | View 990 |
| 2014 | $32K | $25K | $48K | $0 | — | View 990 |
| 2013 | $34K | $27K | $42K | $0 | — | View 990 |
| 2012 | $34K | $28K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $32K, and assets of $16K (revenue -48.5% year-over-year).
- 2022: Revenue of $29K, expenses of $26K, and assets of $33K (revenue +71.7% year-over-year).
- 2021: Revenue of $17K, expenses of $20K, and assets of $30K (revenue -38.9% year-over-year).
- 2020: Revenue of $28K, expenses of $17K, and assets of $34K (revenue +31.0% year-over-year).
- 2019: Revenue of $21K, expenses of $29K, and assets of $23K (revenue +9.6% year-over-year).
- 2018: Revenue of $19K, expenses of $25K, and assets of $31K (revenue +55.8% year-over-year).
- 2017: Revenue of $12K, expenses of $18K, and assets of $37K (revenue -24.7% year-over-year).
- 2016: Revenue of $16K, expenses of $19K, and assets of $42K (revenue -14.0% year-over-year).
- 2015: Revenue of $19K, expenses of $23K, and assets of $45K (revenue -39.7% year-over-year).
- 2014: Revenue of $32K, expenses of $25K, and assets of $48K (revenue -6.4% year-over-year).
- 2013: Revenue of $34K, expenses of $27K, and assets of $42K (revenue +0.1% year-over-year).
- 2012: Revenue of $34K, expenses of $28K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iao School Renaissance Foundation:
Data Sources and Methodology
This transparency report for Iao School Renaissance 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.