Malama Learning Center
Malama Learning Center shows consistent asset growth and no reported executive compensation over the past decade.
EIN: 200442056 · Honolulu, HI · NTEE: B40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $675K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.2 |
| Net Assets | $844K |
| Transparency Score | 92/100 |
Is Malama Learning Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Malama Learning Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Malama Learning Center
Malama Learning Center (EIN: 200442056) is a nonprofit organization based in Honolulu, HI, classified under NTEE code B40. The organization reported total revenue of $1.2M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Malama Learning Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Malama Learning Center is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $678K |
| Total Expenses | $675K |
| Surplus / Deficit | +$2K |
| Total Assets | $1.4M |
| Total Liabilities | $549K |
| Net Assets | $844K |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 39.4% |
| Months of Reserves | 24.8 months |
Financial Health Grade: A
In 2023, Malama Learning Center reported a surplus of $2K with revenue exceeding expenses, holds 24.8 months of operating reserves (strong position), has a debt-to-asset ratio of 39.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Malama Learning Center's revenue has grown at a compound annual growth rate (CAGR) of 13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.7% | +18.0% | +19.4% |
| 2022 | +34.1% | -1.8% | +13.8% |
| 2021 | +1.4% | -5.0% | -7.4% |
| 2020 | -0.2% | +20.5% | +18.1% |
| 2019 | +30.4% | +9.7% | +16.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Malama Learning Center with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Malama Learning Center allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.4%.
Executive Compensation Analysis
Malama Learning Center consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization of its size with over $1.2 million in latest revenue and $1.6 million in assets.
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 Malama Learning Center's IRS 990 filings:
- Increasing liabilities trend, from $320,982 in 2022 to $549,015 in 2023, warrants monitoring.
Strengths
The following positive indicators were identified for Malama Learning Center:
- Consistent asset growth, from $512,546 in 2014 to $1,393,230 in 2023, demonstrating financial health.
- No reported officer compensation across all filings, indicating high efficiency and dedication of resources to mission.
- Revenues consistently exceeding expenses in most recent periods, such as $677,579 revenue vs. $675,108 expenses in 2023.
- Long and consistent filing history (13 filings) indicating good compliance and transparency.
Frequently Asked Questions about Malama Learning Center
Is Malama Learning Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Malama Learning Center (EIN: 200442056) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Malama Learning Center spend its money?
Malama Learning Center directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Malama Learning Center tax-deductible?
Malama Learning Center is registered as a tax-exempt nonprofit (EIN: 200442056). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Malama Learning Center CEO make?
Malama Learning Center's highest-compensated officer earns $1.2 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Malama Learning Center's spending goes to programs?
Malama Learning Center directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Malama Learning Center compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Malama Learning Center is above average for NTEE category B40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Malama Learning Center located?
Malama Learning Center is headquartered in Honolulu, Hawaii and files with the IRS under EIN 200442056. It is classified under NTEE code B40.
How many years of IRS 990 filings does Malama Learning Center have?
Malama Learning Center 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 $1.2M in total revenue.
How does Malama Learning Center manage to operate without any reported officer compensation?
The filings consistently show 0% officer compensation, suggesting that leadership roles might be filled by volunteers, or compensation is structured in a way that isn't reported as 'officer compensation' on the 990, such as through a related entity or as general staff salaries. This is a significant positive for program efficiency.
What is the trend in Malama Learning Center's liabilities?
Liabilities have generally increased over the past few years, from $320,982 in 2022 to $549,015 in 2023. While assets have grown faster, this trend should be monitored to ensure it remains sustainable and does not indicate an over-reliance on debt or deferred revenue.
Is Malama Learning Center financially stable?
Yes, the organization appears financially stable. It has consistently generated more revenue than expenses in most recent years (e.g., $677,579 revenue vs. $675,108 expenses in 2023) and has shown strong asset growth from $512,546 in 2014 to $1,393,230 in 2023, indicating a healthy financial position.
Filing History
IRS 990 filing history for Malama Learning Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Malama Learning Center's revenue has grown by 348.2%, moving from $151K to $678K. Total assets increased by 26.7% over the same period, from $1.1M to $1.4M. Total functional expenses rose by 67.4%, from $403K to $675K. In its most recent filing year (2023), Malama Learning Center reported a surplus of $2K, with revenue exceeding expenses. The organization holds $549K in liabilities against $1.4M in assets (debt-to-asset ratio: 39.4%), resulting in net assets of $844K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $678K | $675K | $1.4M | $549K | — | — |
| 2022 | $759K | $572K | $1.2M | $321K | — | View 990 |
| 2021 | $566K | $583K | $1.0M | $362K | — | View 990 |
| 2020 | $558K | $613K | $1.1M | $442K | — | View 990 |
| 2019 | $559K | $509K | $938K | $216K | — | View 990 |
| 2018 | $429K | $464K | $808K | $137K | — | View 990 |
| 2017 | $459K | $405K | $839K | $140K | — | View 990 |
| 2016 | $341K | $320K | $735K | $90K | — | View 990 |
| 2015 | $412K | $277K | $672K | $48K | — | View 990 |
| 2014 | $254K | $209K | $513K | $73K | — | View 990 |
| 2013 | $347K | $893K | $575K | $181K | — | View 990 |
| 2012 | $213K | $252K | $1.0M | $102K | — | View 990 |
| 2011 | $151K | $403K | $1.1M | $121K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $678K, expenses of $675K, and assets of $1.4M (revenue -10.7% year-over-year).
- 2022: Revenue of $759K, expenses of $572K, and assets of $1.2M (revenue +34.1% year-over-year).
- 2021: Revenue of $566K, expenses of $583K, and assets of $1.0M (revenue +1.4% year-over-year).
- 2020: Revenue of $558K, expenses of $613K, and assets of $1.1M (revenue -0.2% year-over-year).
- 2019: Revenue of $559K, expenses of $509K, and assets of $938K (revenue +30.4% year-over-year).
- 2018: Revenue of $429K, expenses of $464K, and assets of $808K (revenue -6.5% year-over-year).
- 2017: Revenue of $459K, expenses of $405K, and assets of $839K (revenue +34.5% year-over-year).
- 2016: Revenue of $341K, expenses of $320K, and assets of $735K (revenue -17.2% year-over-year).
- 2015: Revenue of $412K, expenses of $277K, and assets of $672K (revenue +61.9% year-over-year).
- 2014: Revenue of $254K, expenses of $209K, and assets of $513K (revenue -26.7% year-over-year).
- 2013: Revenue of $347K, expenses of $893K, and assets of $575K (revenue +63.0% year-over-year).
- 2012: Revenue of $213K, expenses of $252K, and assets of $1.0M (revenue +40.8% year-over-year).
- 2011: Revenue of $151K, expenses of $403K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Malama Learning Center:
Data Sources and Methodology
This transparency report for Malama Learning Center 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.