Kailua Fireworks
EIN: 461220096 · Kailua, HI · NTEE: A80
| Metric | Value |
|---|---|
| Total Revenue | $150K |
| Total Expenses | $119K |
| Net Assets | $117K |
Is Kailua Fireworks Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kailua Fireworks
Kailua Fireworks (EIN: 461220096) is a nonprofit organization based in Kailua, HI, classified under NTEE code A80. The organization reported total revenue of $150K and total assets of $77K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kailua Fireworks's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kailua Fireworks is a small nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 40.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $119K |
| Surplus / Deficit | $-29,635 |
| Total Assets | $117K |
| Net Assets | $117K |
| Operating Margin | -33.1% |
| Months of Reserves | 11.8 months |
Financial Health Grade: B
In 2023, Kailua Fireworks reported a deficit of $30K with expenses exceeding revenue, holds 11.8 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Kailua Fireworks's revenue has grown at a compound annual growth rate (CAGR) of 40.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.4% | +57.2% | -14.0% |
| 2022 | +1788.8% | +3061.1% | -16.3% |
| 2021 | +16.2% | -86.4% | +5.7% |
| 2020 | -96.1% | -73.4% | -3.2% |
| 2019 | -25.0% | -22.7% | +12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kailua Fireworks 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 Kailua Fireworks 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 deficit of $30K, with expenses exceeding revenue.
Frequently Asked Questions about Kailua Fireworks
Is Kailua Fireworks a legitimate charity?
Based on AI analysis of IRS 990 filings, Kailua Fireworks (EIN: 461220096) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kailua Fireworks spend its money?
Detailed spending breakdown data is not yet available for Kailua Fireworks. Check back for updated IRS 990 analysis.
Are donations to Kailua Fireworks tax-deductible?
Kailua Fireworks is registered as a tax-exempt nonprofit (EIN: 461220096). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kailua Fireworks located?
Kailua Fireworks is headquartered in Kailua, Hawaii and files with the IRS under EIN 461220096. It is classified under NTEE code A80.
How many years of IRS 990 filings does Kailua Fireworks have?
Kailua Fireworks 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 $150K in total revenue.
Filing History
IRS 990 filing history for Kailua Fireworks showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Kailua Fireworks's revenue has grown by 4010.5%, moving from $2K to $89K. Total assets increased by 5459.7% over the same period, from $2K to $117K. Total functional expenses rose by 167560.6%, from $71 to $119K. In its most recent filing year (2023), Kailua Fireworks reported a deficit of $30K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $119K | $117K | $0 | — | — |
| 2022 | $70K | $76K | $136K | $0 | — | View 990 |
| 2021 | $4K | $2K | $163K | $0 | — | — |
| 2020 | $3K | $18K | $154K | $0 | — | View 990 |
| 2019 | $81K | $66K | $159K | $0 | — | View 990 |
| 2018 | $108K | $86K | $141K | $0 | — | View 990 |
| 2017 | $120K | $83K | $118K | $0 | — | View 990 |
| 2016 | $106K | $77K | $81K | $0 | — | View 990 |
| 2015 | $100K | $80K | $52K | $0 | — | View 990 |
| 2014 | $105K | $77K | $32K | $0 | — | View 990 |
| 2013 | $59K | $56K | $5K | $0 | — | View 990 |
| 2012 | $2K | $71 | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $119K, and assets of $117K (revenue +27.4% year-over-year).
- 2022: Revenue of $70K, expenses of $76K, and assets of $136K (revenue +1788.8% year-over-year).
- 2021: Revenue of $4K, expenses of $2K, and assets of $163K (revenue +16.2% year-over-year).
- 2020: Revenue of $3K, expenses of $18K, and assets of $154K (revenue -96.1% year-over-year).
- 2019: Revenue of $81K, expenses of $66K, and assets of $159K (revenue -25.0% year-over-year).
- 2018: Revenue of $108K, expenses of $86K, and assets of $141K (revenue -9.8% year-over-year).
- 2017: Revenue of $120K, expenses of $83K, and assets of $118K (revenue +13.7% year-over-year).
- 2016: Revenue of $106K, expenses of $77K, and assets of $81K (revenue +6.3% year-over-year).
- 2015: Revenue of $100K, expenses of $80K, and assets of $52K (revenue -4.9% year-over-year).
- 2014: Revenue of $105K, expenses of $77K, and assets of $32K (revenue +78.8% year-over-year).
- 2013: Revenue of $59K, expenses of $56K, and assets of $5K (revenue +2592.0% year-over-year).
- 2012: Revenue of $2K, expenses of $71, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kailua Fireworks:
Data Sources and Methodology
This transparency report for Kailua Fireworks 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.