Lokahi Canoe Club
EIN: 352434801 · Honolulu, HI · NTEE: N67
| Metric | Value |
|---|---|
| Total Revenue | $75K |
| Total Expenses | $62K |
| Net Assets | $114K |
Is Lokahi Canoe Club Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lokahi Canoe Club
Lokahi Canoe Club (EIN: 352434801) is a nonprofit organization based in Honolulu, HI, classified under NTEE code N67. The organization reported total revenue of $75K and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lokahi Canoe Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lokahi Canoe Club is a micro nonprofit that has been operating for 1 years, with 6 years of IRS 990 filings on record (2012–2017). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $62K |
| Surplus / Deficit | $-5,871 |
| Total Assets | $114K |
| Net Assets | $114K |
| Operating Margin | -10.4% |
| Months of Reserves | 21.9 months |
Financial Health Grade: B
In 2017, Lokahi Canoe Club reported a deficit of $6K with expenses exceeding revenue, holds 21.9 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2012–2017), Lokahi Canoe Club's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +0.0% | +0.0% | +0.0% |
| 2016 | +25.8% | +15.8% | -4.9% |
| 2015 | +107.4% | +42.0% | -6.9% |
| 2014 | +36.9% | +17.2% | -11.2% |
| 2013 | -55.7% | +26.2% | -10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2025 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lokahi Canoe Club 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 Lokahi Canoe Club 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
Frequently Asked Questions about Lokahi Canoe Club
Is Lokahi Canoe Club a legitimate charity?
Lokahi Canoe Club (EIN: 352434801) is a registered tax-exempt nonprofit based in Hawaii. It has 6 years of IRS 990 filings on record. Total revenue: $75K. No red flags identified. Financial health grade: B.
How does Lokahi Canoe Club spend its money?
Lokahi Canoe Club reported $75K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lokahi Canoe Club tax-deductible?
Lokahi Canoe Club is registered as a tax-exempt nonprofit (EIN: 352434801). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lokahi Canoe Club located?
Lokahi Canoe Club is headquartered in Honolulu, Hawaii and files with the IRS under EIN 352434801. It is classified under NTEE code N67.
How many years of IRS 990 filings does Lokahi Canoe Club have?
Lokahi Canoe Club has 6 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 $75K in total revenue.
Filing History
IRS 990 filing history for Lokahi Canoe Club showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2017), Lokahi Canoe Club's revenue has grown by 58.3%, moving from $36K to $57K. Total assets decreased by 29.5% over the same period, from $162K to $114K. Total functional expenses rose by 143.1%, from $26K to $62K. In its most recent filing year (2017), Lokahi Canoe Club reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $57K | $62K | $114K | $0 | — | — |
| 2016 | $57K | $62K | $114K | $0 | — | View 990 |
| 2015 | $45K | $54K | $120K | $0 | — | View 990 |
| 2014 | $22K | $38K | $129K | $0 | — | View 990 |
| 2013 | $16K | $32K | $145K | $0 | — | View 990 |
| 2012 | $36K | $26K | $162K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $57K, expenses of $62K, and assets of $114K (revenue +0.0% year-over-year).
- 2016: Revenue of $57K, expenses of $62K, and assets of $114K (revenue +25.8% year-over-year).
- 2015: Revenue of $45K, expenses of $54K, and assets of $120K (revenue +107.4% year-over-year).
- 2014: Revenue of $22K, expenses of $38K, and assets of $129K (revenue +36.9% year-over-year).
- 2013: Revenue of $16K, expenses of $32K, and assets of $145K (revenue -55.7% year-over-year).
- 2012: Revenue of $36K, expenses of $26K, and assets of $162K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lokahi Canoe Club:
Data Sources and Methodology
This transparency report for Lokahi Canoe Club 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.