Kukui Grove Center Investment Group Inc
Kukui Grove Center Investment Group Inc. consistently reports zero expenses despite millions in revenue and assets.
EIN: 202862899 · Chicago, IL · NTEE: S47 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.7M |
| CEO/Top Officer Pay | $100 |
| Net Assets | $112.4M |
| Transparency Score | 50/100 |
Is Kukui Grove Center Investment Group Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kukui Grove Center Investment Group Inc
Kukui Grove Center Investment Group Inc (EIN: 202862899) is a nonprofit organization based in Chicago, IL, classified under NTEE code S47. The organization reported total revenue of $11.7M and total assets of $112.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kukui Grove Center Investment Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kukui Grove Center Investment Group Inc is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $0 |
| Surplus / Deficit | +$3.8M |
| Total Assets | $113.9M |
| Total Liabilities | $1.6M |
| Net Assets | $112.4M |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 1.4% |
Financial Health Grade: A
In 2023, Kukui Grove Center Investment Group Inc reported a surplus of $3.8M with revenue exceeding expenses, has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kukui Grove Center Investment Group Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.3% | — | -10.2% |
| 2022 | -2.2% | — | +0.4% |
| 2021 | +40.7% | — | +18.4% |
| 2019 | -136.7% | — | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Kukui Grove Center Investment Group Inc with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Kukui Grove Center Investment Group Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, which is unusual for an entity managing over $100 million in assets and millions in revenue, suggesting either pro-bono leadership or unreported compensation structures.
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 Kukui Grove Center Investment Group Inc's IRS 990 filings:
- Consistent reporting of $0 expenses despite significant revenue and assets
- Lack of transparency regarding operational costs and program spending
- Unusual financial reporting patterns over multiple years
- Inability to assess spending efficiency due to missing expense data
Frequently Asked Questions about Kukui Grove Center Investment Group Inc
Is Kukui Grove Center Investment Group Inc a legitimate charity?
Kukui Grove Center Investment Group Inc (EIN: 202862899) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 50/100. It has 13 years of IRS 990 filings on record. Total revenue: $11.7M. 4 red flags identified. Financial health grade: A.
How does Kukui Grove Center Investment Group Inc spend its money?
Kukui Grove Center Investment Group Inc reported $11.7M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kukui Grove Center Investment Group Inc tax-deductible?
Kukui Grove Center Investment Group Inc is registered as a tax-exempt nonprofit (EIN: 202862899). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kukui Grove Center Investment Group Inc CEO make?
Kukui Grove Center Investment Group Inc's highest-compensated officer earns $100 annually. The organization reported $11.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Kukui Grove Center Investment Group Inc compare to similar nonprofits?
With a transparency score of 50/100 (Fair), Kukui Grove Center Investment Group Inc is near average for NTEE category S47 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kukui Grove Center Investment Group Inc located?
Kukui Grove Center Investment Group Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 202862899. It is classified under NTEE code S47.
How many years of IRS 990 filings does Kukui Grove Center Investment Group Inc have?
Kukui Grove Center Investment Group Inc has 13 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 $11.7M in total revenue.
How does Kukui Grove Center Investment Group Inc. operate with zero reported expenses?
The IRS 990 filings consistently show $0 in expenses, which is highly unusual for an organization with significant revenue and assets. This makes it impossible to understand its operational model or how funds are used.
What is the actual purpose or mission of this organization, given its financial reporting?
Without any reported expenses or clear program spending, it is difficult to determine how the organization fulfills any stated mission or charitable purpose.
Are there other financial statements available that detail the organization's spending?
The public IRS 990 filings do not provide this detail, and without further information, the full financial picture remains opaque.
How does the organization manage its significant assets without incurring any operational costs?
The consistent reporting of zero expenses despite managing over $100 million in assets (e.g., $113,936,032 in 2023) raises questions about how these assets are maintained and managed without any reported expenditures.
Filing History
IRS 990 filing history for Kukui Grove Center Investment Group Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kukui Grove Center Investment Group Inc's revenue has declined by 4.2%, moving from $4.0M to $3.8M. Total assets increased by 53.9% over the same period, from $74.0M to $113.9M. The organization holds $1.6M in liabilities against $113.9M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $112.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $0 | $113.9M | $1.6M | — | — |
| 2022 | $3.1M | $0 | $126.9M | $73.6M | — | — |
| 2021 | $3.1M | $0 | $126.3M | $12.0M | — | View 990 |
| 2020 | $2.2M | $0 | $106.7M | $1.7M | — | View 990 |
| 2019 | $-1,512,181 | $0 | $100.4M | $968K | — | — |
| 2018 | $4.1M | $0 | $104.2M | $947K | — | View 990 |
| 2017 | $4.7M | $0 | $103.0M | $979K | — | View 990 |
| 2016 | $5.2M | $0 | $102.3M | $764K | — | View 990 |
| 2015 | $5.7M | $0 | $107.4M | $789K | — | View 990 |
| 2014 | $4.2M | $0 | $111.8M | $691K | — | View 990 |
| 2013 | $3.7M | $0 | $85.9M | $587K | — | View 990 |
| 2012 | $3.9M | $0 | $80.0M | $538K | — | View 990 |
| 2011 | $4.0M | $0 | $74.0M | $537K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $0, and assets of $113.9M (revenue +23.3% year-over-year).
- 2022: Revenue of $3.1M, expenses of $0, and assets of $126.9M (revenue -2.2% year-over-year).
- 2021: Revenue of $3.1M, expenses of $0, and assets of $126.3M (revenue +40.7% year-over-year).
- 2020: Revenue of $2.2M, expenses of $0, and assets of $106.7M.
- 2019: Revenue of $-1,512,181, expenses of $0, and assets of $100.4M (revenue -136.7% year-over-year).
- 2018: Revenue of $4.1M, expenses of $0, and assets of $104.2M (revenue -11.6% year-over-year).
- 2017: Revenue of $4.7M, expenses of $0, and assets of $103.0M (revenue -9.7% year-over-year).
- 2016: Revenue of $5.2M, expenses of $0, and assets of $102.3M (revenue -9.4% year-over-year).
- 2015: Revenue of $5.7M, expenses of $0, and assets of $107.4M (revenue +35.9% year-over-year).
- 2014: Revenue of $4.2M, expenses of $0, and assets of $111.8M (revenue +12.7% year-over-year).
- 2013: Revenue of $3.7M, expenses of $0, and assets of $85.9M (revenue -3.6% year-over-year).
- 2012: Revenue of $3.9M, expenses of $0, and assets of $80.0M (revenue -2.4% year-over-year).
- 2011: Revenue of $4.0M, expenses of $0, and assets of $74.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kukui Grove Center Investment Group Inc:
Data Sources and Methodology
This transparency report for Kukui Grove Center Investment Group Inc 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.