Ko Olina Charities
EIN: 450499264 · Honolulu, HI · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $19K |
| Total Expenses | $40K |
| Net Assets | $756K |
Is Ko Olina Charities Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ko Olina Charities
Ko Olina Charities (EIN: 450499264) is a nonprofit organization based in Honolulu, HI, classified under NTEE code P20. The organization reported total revenue of $19K and total assets of $738K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ko Olina Charities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ko Olina Charities is a micro nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $35K |
| Total Expenses | $40K |
| Surplus / Deficit | $-4,878 |
| Total Assets | $779K |
| Total Liabilities | $23K |
| Net Assets | $756K |
| Operating Margin | -13.9% |
| Debt-to-Asset Ratio | 2.9% |
| Months of Reserves | 234.6 months |
Financial Health Grade: B
In 2023, Ko Olina Charities reported a deficit of $5K with expenses exceeding revenue, holds 234.6 months of operating reserves (strong position), has a debt-to-asset ratio of 2.9% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ko Olina Charities's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +140.4% | +19.7% | +1.5% |
| 2022 | +35.7% | +77.8% | -1.6% |
| 2021 | +972.5% | +33.9% | -1.5% |
| 2020 | -99.1% | -87.7% | -3.5% |
| 2019 | +169.9% | +255.9% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ko Olina Charities 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 Ko Olina Charities 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 $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.9%.
Frequently Asked Questions about Ko Olina Charities
Is Ko Olina Charities a legitimate charity?
Ko Olina Charities (EIN: 450499264) is a registered tax-exempt nonprofit based in Hawaii. It has 10 years of IRS 990 filings on record. Total revenue: $19K. No red flags identified. Financial health grade: B.
How does Ko Olina Charities spend its money?
Ko Olina Charities reported $19K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ko Olina Charities tax-deductible?
Ko Olina Charities is registered as a tax-exempt nonprofit (EIN: 450499264). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ko Olina Charities located?
Ko Olina Charities is headquartered in Honolulu, Hawaii and files with the IRS under EIN 450499264. It is classified under NTEE code P20.
How many years of IRS 990 filings does Ko Olina Charities have?
Ko Olina Charities has 10 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 $19K in total revenue.
Filing History
IRS 990 filing history for Ko Olina Charities showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ko Olina Charities's revenue has declined by 22.3%, moving from $45K to $35K. Total assets decreased by 4.2% over the same period, from $813K to $779K. Total functional expenses fell by 5.1%, from $42K to $40K. In its most recent filing year (2023), Ko Olina Charities reported a deficit of $5K, with expenses exceeding revenue. The organization holds $23K in liabilities against $779K in assets (debt-to-asset ratio: 2.9%), resulting in net assets of $756K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $35K | $40K | $779K | $23K | — | — |
| 2022 | $15K | $33K | $767K | $6K | — | View 990 |
| 2021 | $11K | $19K | $780K | $1 | — | — |
| 2020 | $1K | $14K | $792K | $4K | — | View 990 |
| 2019 | $107K | $114K | $820K | $19K | — | View 990 |
| 2015 | $40K | $32K | $807K | $13K | — | View 990 |
| 2014 | $37K | $29K | $786K | $0 | — | View 990 |
| 2013 | $41K | $44K | $778K | $0 | — | View 990 |
| 2012 | $49K | $83K | $781K | $0 | — | View 990 |
| 2011 | $45K | $42K | $813K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $35K, expenses of $40K, and assets of $779K (revenue +140.4% year-over-year).
- 2022: Revenue of $15K, expenses of $33K, and assets of $767K (revenue +35.7% year-over-year).
- 2021: Revenue of $11K, expenses of $19K, and assets of $780K (revenue +972.5% year-over-year).
- 2020: Revenue of $1K, expenses of $14K, and assets of $792K (revenue -99.1% year-over-year).
- 2019: Revenue of $107K, expenses of $114K, and assets of $820K (revenue +169.9% year-over-year).
- 2015: Revenue of $40K, expenses of $32K, and assets of $807K (revenue +6.9% year-over-year).
- 2014: Revenue of $37K, expenses of $29K, and assets of $786K (revenue -9.6% year-over-year).
- 2013: Revenue of $41K, expenses of $44K, and assets of $778K (revenue -16.0% year-over-year).
- 2012: Revenue of $49K, expenses of $83K, and assets of $781K (revenue +8.7% year-over-year).
- 2011: Revenue of $45K, expenses of $42K, and assets of $813K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ko Olina Charities:
Data Sources and Methodology
This transparency report for Ko Olina Charities 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.