Kapena School Of Music And Creative Expression
EIN: 843491618 · Kaneohe, HI · NTEE: A6E
| Metric | Value |
|---|---|
| Total Revenue | $392K |
| Total Expenses | $284K |
| Net Assets | $13K |
Is Kapena School Of Music And Creative Expression Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kapena School Of Music And Creative Expression
Kapena School Of Music And Creative Expression (EIN: 843491618) is a nonprofit organization based in Kaneohe, HI, classified under NTEE code A6E. The organization reported total revenue of $392K and total assets of $27K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kapena School Of Music And Creative Expression's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kapena School Of Music And Creative Expression is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 62.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $291K |
| Total Expenses | $284K |
| Surplus / Deficit | +$6K |
| Total Assets | $19K |
| Total Liabilities | $6K |
| Net Assets | $13K |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 33.4% |
| Months of Reserves | 0.8 months |
Financial Health Grade: A
In 2023, Kapena School Of Music And Creative Expression reported a surplus of $6K with revenue exceeding expenses, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 33.4% (moderate leverage).
Financial Trends
Over 3 years of filings (2021–2023), Kapena School Of Music And Creative Expression's revenue has grown at a compound annual growth rate (CAGR) of 62.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.4% | +113.5% | -80.5% |
| 2022 | +114.9% | -12.2% | +4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kapena School Of Music And Creative Expression 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 Kapena School Of Music And Creative Expression 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.4%.
Frequently Asked Questions about Kapena School Of Music And Creative Expression
Is Kapena School Of Music And Creative Expression a legitimate charity?
Kapena School Of Music And Creative Expression (EIN: 843491618) is a registered tax-exempt nonprofit based in Hawaii. It has 3 years of IRS 990 filings on record. Total revenue: $392K. No red flags identified. Financial health grade: A.
How does Kapena School Of Music And Creative Expression spend its money?
Kapena School Of Music And Creative Expression reported $392K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kapena School Of Music And Creative Expression tax-deductible?
Kapena School Of Music And Creative Expression is registered as a tax-exempt nonprofit (EIN: 843491618). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kapena School Of Music And Creative Expression located?
Kapena School Of Music And Creative Expression is headquartered in Kaneohe, Hawaii and files with the IRS under EIN 843491618. It is classified under NTEE code A6E.
How many years of IRS 990 filings does Kapena School Of Music And Creative Expression have?
Kapena School Of Music And Creative Expression 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 $392K in total revenue.
Filing History
IRS 990 filing history for Kapena School Of Music And Creative Expression showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Kapena School Of Music And Creative Expression's revenue has grown by 165.2%, moving from $110K to $291K. Total assets decreased by 79.6% over the same period, from $93K to $19K. Total functional expenses rose by 87.4%, from $152K to $284K. In its most recent filing year (2023), Kapena School Of Music And Creative Expression reported a surplus of $6K, with revenue exceeding expenses. The organization holds $6K in liabilities against $19K in assets (debt-to-asset ratio: 33.4%), resulting in net assets of $13K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $291K | $284K | $19K | $6K | — | View 990 |
| 2022 | $235K | $133K | $97K | $37K | — | View 990 |
| 2021 | $110K | $152K | $93K | $77K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $291K, expenses of $284K, and assets of $19K (revenue +23.4% year-over-year).
- 2022: Revenue of $235K, expenses of $133K, and assets of $97K (revenue +114.9% year-over-year).
- 2021: Revenue of $110K, expenses of $152K, and assets of $93K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kapena School Of Music And Creative Expression:
Data Sources and Methodology
This transparency report for Kapena School Of Music And Creative Expression 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.