Nakoa Foundation
EIN: 270856575 · Kailua Kona, HI · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $13K |
| Total Expenses | $23K |
| Net Assets | $73K |
Is Nakoa Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nakoa Foundation
Nakoa Foundation (EIN: 270856575) is a nonprofit organization based in Kailua Kona, HI, classified under NTEE code A23. The organization reported total revenue of $13K and total assets of $50K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nakoa Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nakoa Foundation is a micro nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24K |
| Total Expenses | $23K |
| Surplus / Deficit | +$2K |
| Total Assets | $73K |
| Net Assets | $73K |
| Operating Margin | 7.2% |
| Months of Reserves | 38.5 months |
Financial Health Grade: A
In 2023, Nakoa Foundation reported a surplus of $2K with revenue exceeding expenses, holds 38.5 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2016–2023), Nakoa Foundation's revenue has declined at a compound annual growth rate (CAGR) of -9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +525.1% | -33.7% | +2.5% |
| 2022 | -81.0% | +56.1% | -29.9% |
| 2021 | -89.8% | -86.7% | -1.4% |
| 2020 | +714.9% | +483.1% | +67.9% |
| 2019 | -4.6% | +21.4% | -5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nakoa Foundation 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 Nakoa Foundation 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 surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about Nakoa Foundation
Is Nakoa Foundation a legitimate charity?
Nakoa Foundation (EIN: 270856575) is a registered tax-exempt nonprofit based in Hawaii. It has 8 years of IRS 990 filings on record. Total revenue: $13K. No red flags identified. Financial health grade: A.
How does Nakoa Foundation spend its money?
Nakoa Foundation reported $13K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nakoa Foundation tax-deductible?
Nakoa Foundation is registered as a tax-exempt nonprofit (EIN: 270856575). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nakoa Foundation located?
Nakoa Foundation is headquartered in Kailua Kona, Hawaii and files with the IRS under EIN 270856575. It is classified under NTEE code A23.
How many years of IRS 990 filings does Nakoa Foundation have?
Nakoa Foundation has 8 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 $13K in total revenue.
Filing History
IRS 990 filing history for Nakoa Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Nakoa Foundation's revenue has declined by 48.4%, moving from $47K to $24K. Total assets decreased by 1.5% over the same period, from $74K to $73K. Total functional expenses rose by 123%, from $10K to $23K. In its most recent filing year (2023), Nakoa Foundation reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24K | $23K | $73K | $0 | — | — |
| 2022 | $4K | $34K | $71K | $0 | — | — |
| 2021 | $21K | $22K | $101K | $0 | — | — |
| 2020 | $202K | $164K | $103K | $0 | — | — |
| 2019 | $25K | $28K | $61K | $0 | — | View 990 |
| 2018 | $26K | $23K | $65K | $0 | — | View 990 |
| 2017 | $31K | $21K | $84K | $0 | — | View 990 |
| 2016 | $47K | $10K | $74K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24K, expenses of $23K, and assets of $73K (revenue +525.1% year-over-year).
- 2022: Revenue of $4K, expenses of $34K, and assets of $71K (revenue -81.0% year-over-year).
- 2021: Revenue of $21K, expenses of $22K, and assets of $101K (revenue -89.8% year-over-year).
- 2020: Revenue of $202K, expenses of $164K, and assets of $103K (revenue +714.9% year-over-year).
- 2019: Revenue of $25K, expenses of $28K, and assets of $61K (revenue -4.6% year-over-year).
- 2018: Revenue of $26K, expenses of $23K, and assets of $65K (revenue -15.7% year-over-year).
- 2017: Revenue of $31K, expenses of $21K, and assets of $84K (revenue -34.9% year-over-year).
- 2016: Revenue of $47K, expenses of $10K, and assets of $74K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nakoa Foundation:
Data Sources and Methodology
This transparency report for Nakoa Foundation 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.