Kailapa Community Association
Kailapa Community Association maintains strong asset growth and zero liabilities with no reported officer compensation.
EIN: 202448236 · Kamuela, HI · NTEE: P99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12K |
| Total Expenses | $17K |
| Program Spending | 90% |
| Net Assets | $1.1M |
| Transparency Score | 92/100 |
Is Kailapa Community Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kailapa Community Association directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kailapa Community Association
Kailapa Community Association (EIN: 202448236) is a nonprofit organization based in Kamuela, HI, classified under NTEE code P99. The organization reported total revenue of $12K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kailapa Community Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kailapa Community Association is a micro nonprofit that has been operating for 16 years, with 8 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $134K |
| Total Expenses | $17K |
| Surplus / Deficit | +$117K |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | 87.2% |
| Months of Reserves | 776.6 months |
Financial Health Grade: A
In 2023, Kailapa Community Association reported a surplus of $117K with revenue exceeding expenses, holds 776.6 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2014–2023), Kailapa Community Association's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.7% | -73.5% | +11.8% |
| 2022 | +20.3% | -52.3% | +11.3% |
| 2017 | -100.0% | -100.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
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 Kailapa Community Association with a Mission Score of 92 out of 100 (Excellent). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Kailapa Community Association allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $117K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its 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.
Strengths
The following positive indicators were identified for Kailapa Community Association:
- Strong and consistent asset growth, reaching over $1.1 million in 202312.
- Zero liabilities reported in recent filing periods (202112, 202212, 202312).
- 0% officer compensation across all available filings, indicating volunteer leadership or highly efficient compensation practices.
- Revenue consistently exceeding expenses in recent years, contributing to financial stability and asset building.
- Positive trend in financial health, moving from some liabilities in earlier years to none recently.
Frequently Asked Questions about Kailapa Community Association
Is Kailapa Community Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Kailapa Community Association (EIN: 202448236) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Kailapa Community Association spend its money?
Kailapa Community Association directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kailapa Community Association tax-deductible?
Kailapa Community Association is registered as a tax-exempt nonprofit (EIN: 202448236). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Kailapa Community Association compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Kailapa Community Association is above average for NTEE category P99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kailapa Community Association located?
Kailapa Community Association is headquartered in Kamuela, Hawaii and files with the IRS under EIN 202448236. It is classified under NTEE code P99.
How many years of IRS 990 filings does Kailapa Community Association have?
Kailapa Community Association has 8 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 $12K in total revenue.
Is Kailapa Community Association a good charity?
Based on the financial data, Kailapa Community Association appears to be a very well-managed organization. It has strong asset growth, zero liabilities in recent years, and reports 0% officer compensation, all of which are positive indicators of a good charity.
How has the organization's financial health changed over time?
The organization has shown significant financial improvement and growth. Assets have grown from $111,123 in 201412 to $1,105,552 in 202312. Liabilities have also been reduced from $76,752 in 201412 to $0 in recent years, indicating excellent financial stewardship.
What is the organization's spending efficiency?
Spending efficiency appears high, especially in recent years. For instance, in 202312, expenses were $17,082 against $133,870 in revenue, suggesting a significant portion of revenue is retained or invested rather than immediately spent, potentially for future programs or asset building.
Filing History
IRS 990 filing history for Kailapa Community Association showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2014–2023), Kailapa Community Association's revenue has declined by 29.5%, moving from $190K to $134K. Total assets increased by 894.9% over the same period, from $111K to $1.1M. Total functional expenses fell by 89%, from $156K to $17K. In its most recent filing year (2023), Kailapa Community Association reported a surplus of $117K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $134K | $17K | $1.1M | $0 | — | — |
| 2022 | $165K | $65K | $989K | $0 | — | View 990 |
| 2021 | $137K | $135K | $889K | $0 | — | View 990 |
| 2018 | $0 | $0 | $178K | $0 | — | View 990 |
| 2017 | $0 | $0 | $178K | $0 | — | View 990 |
| 2016 | $434K | $386K | $178K | $0 | — | View 990 |
| 2015 | $195K | $135K | $131K | $2K | — | View 990 |
| 2014 | $190K | $156K | $111K | $77K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $134K, expenses of $17K, and assets of $1.1M (revenue -18.7% year-over-year).
- 2022: Revenue of $165K, expenses of $65K, and assets of $989K (revenue +20.3% year-over-year).
- 2021: Revenue of $137K, expenses of $135K, and assets of $889K.
- 2018: Revenue of $0, expenses of $0, and assets of $178K.
- 2017: Revenue of $0, expenses of $0, and assets of $178K (revenue -100.0% year-over-year).
- 2016: Revenue of $434K, expenses of $386K, and assets of $178K (revenue +123.1% year-over-year).
- 2015: Revenue of $195K, expenses of $135K, and assets of $131K (revenue +2.5% year-over-year).
- 2014: Revenue of $190K, expenses of $156K, and assets of $111K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kailapa Community Association:
Data Sources and Methodology
This transparency report for Kailapa Community Association 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.