Mohala Farms
Mohala Farms faces multi-year operating deficits, drawing down assets despite consistent revenue.
EIN: 202325306 · Waialua, HI · NTEE: K20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $153K |
| Total Expenses | $125K |
| Program Spending | 70% |
| Net Assets | $195K |
| Transparency Score | 75/100 |
Is Mohala Farms Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mohala Farms directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Mohala Farms
Mohala Farms (EIN: 202325306) is a nonprofit organization based in Waialua, HI, classified under NTEE code K20. The organization reported total revenue of $153K and total assets of $23K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mohala Farms's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mohala Farms is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $125K |
| Surplus / Deficit | $-35,196 |
| Total Assets | $215K |
| Total Liabilities | $20K |
| Net Assets | $195K |
| Operating Margin | -39.4% |
| Debt-to-Asset Ratio | 9.3% |
| Months of Reserves | 20.7 months |
Financial Health Grade: B
In 2023, Mohala Farms reported a deficit of $35K with expenses exceeding revenue, holds 20.7 months of operating reserves (strong position), has a debt-to-asset ratio of 9.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mohala Farms's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.8% | -10.1% | -13.5% |
| 2022 | +0.7% | -41.9% | -17.8% |
| 2021 | -72.3% | +107.4% | -34.7% |
| 2020 | +210.7% | -3.4% | +75.3% |
| 2019 | -57.1% | -39.0% | +11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Mohala Farms with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Mohala Farms allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or directors are receiving salaries from Mohala Farms, which is a strong positive for donor confidence and resource allocation.
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 Mohala Farms's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2021, 2022, 2023)
- Significant decline in total assets from $462,835 in 2020 to $214,904 in 2023
- Expenses frequently exceeding revenue, indicating potential long-term sustainability challenges
Strengths
The following positive indicators were identified for Mohala Farms:
- Zero reported officer compensation across all filings, indicating strong volunteer leadership
- Consistent filing of IRS 990 forms over 13 periods, demonstrating transparency and compliance
- Maintained a positive asset base, albeit declining, suggesting some financial reserves
Frequently Asked Questions about Mohala Farms
Is Mohala Farms a legitimate charity?
Mohala Farms (EIN: 202325306) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $153K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Mohala Farms spend its money?
Mohala Farms directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Mohala Farms tax-deductible?
Mohala Farms is registered as a tax-exempt nonprofit (EIN: 202325306). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mohala Farms's spending goes to programs?
Mohala Farms directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Mohala Farms compare to similar nonprofits?
With a transparency score of 75/100 (Good), Mohala Farms is above average for NTEE category K20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mohala Farms located?
Mohala Farms is headquartered in Waialua, Hawaii and files with the IRS under EIN 202325306. It is classified under NTEE code K20.
How many years of IRS 990 filings does Mohala Farms have?
Mohala Farms 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 $153K in total revenue.
Is Mohala Farms financially sustainable given its recent operating deficits?
Mohala Farms has experienced expenses exceeding revenue in 7 out of the last 10 reported periods, including 2021, 2022, and 2023. This trend is not sustainable long-term without increased revenue or reduced expenses, as it has led to a significant decrease in assets from $462,835 in 2020 to $214,904 in 2023.
What caused the significant drop in assets from 2020 to 2023?
The primary cause for the asset drop from $462,835 in 2020 to $214,904 in 2023 appears to be the consistent operating deficits. For example, in 2021, expenses ($238,531) significantly outpaced revenue ($84,751), and similar patterns continued in 2022 and 2023, consuming prior year reserves.
How does Mohala Farms fund its operations without officer compensation?
The absence of officer compensation suggests that leadership may be volunteering their time, allowing more of the organization's revenue to be directed towards programs and other operational costs. This is a positive indicator of dedication to the mission.
Filing History
IRS 990 filing history for Mohala Farms showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mohala Farms's revenue has grown by 111.4%, moving from $42K to $89K. Total assets increased by 727.9% over the same period, from $26K to $215K. Total functional expenses rose by 169.9%, from $46K to $125K. In its most recent filing year (2023), Mohala Farms reported a deficit of $35K, with expenses exceeding revenue. The organization holds $20K in liabilities against $215K in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $195K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $125K | $215K | $20K | — | — |
| 2022 | $85K | $139K | $248K | $18K | — | View 990 |
| 2021 | $85K | $239K | $302K | $4K | — | — |
| 2020 | $306K | $115K | $463K | $11K | — | View 990 |
| 2019 | $99K | $119K | $264K | $4K | — | View 990 |
| 2018 | $230K | $195K | $237K | $7K | — | View 990 |
| 2017 | $143K | $149K | $203K | $7K | — | View 990 |
| 2016 | $102K | $118K | $294K | $0 | — | View 990 |
| 2015 | $64K | $62K | $190K | $0 | — | View 990 |
| 2014 | $45K | $109K | $175K | $0 | — | View 990 |
| 2013 | $54K | $92K | $240K | $0 | — | View 990 |
| 2012 | $294K | $59K | $281K | $0 | — | View 990 |
| 2011 | $42K | $46K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $125K, and assets of $215K (revenue +4.8% year-over-year).
- 2022: Revenue of $85K, expenses of $139K, and assets of $248K (revenue +0.7% year-over-year).
- 2021: Revenue of $85K, expenses of $239K, and assets of $302K (revenue -72.3% year-over-year).
- 2020: Revenue of $306K, expenses of $115K, and assets of $463K (revenue +210.7% year-over-year).
- 2019: Revenue of $99K, expenses of $119K, and assets of $264K (revenue -57.1% year-over-year).
- 2018: Revenue of $230K, expenses of $195K, and assets of $237K (revenue +60.4% year-over-year).
- 2017: Revenue of $143K, expenses of $149K, and assets of $203K (revenue +39.8% year-over-year).
- 2016: Revenue of $102K, expenses of $118K, and assets of $294K (revenue +59.5% year-over-year).
- 2015: Revenue of $64K, expenses of $62K, and assets of $190K (revenue +43.7% year-over-year).
- 2014: Revenue of $45K, expenses of $109K, and assets of $175K (revenue -17.1% year-over-year).
- 2013: Revenue of $54K, expenses of $92K, and assets of $240K (revenue -81.6% year-over-year).
- 2012: Revenue of $294K, expenses of $59K, and assets of $281K (revenue +593.9% year-over-year).
- 2011: Revenue of $42K, expenses of $46K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mohala Farms:
Data Sources and Methodology
This transparency report for Mohala Farms 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.