Napu U Water Inc
Napu U Water Inc experiences significant revenue growth in 2023 with zero officer compensation.
EIN: 202663131 · Kailua Kona, HI · NTEE: Y22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $593K |
| Total Expenses | $393K |
| Program Spending | 90% |
| Net Assets | $1.7M |
| Transparency Score | 90/100 |
Is Napu U Water Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Napu U Water Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Napu U Water Inc
Napu U Water Inc (EIN: 202663131) is a nonprofit organization based in Kailua Kona, HI, classified under NTEE code Y22. The organization reported total revenue of $593K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Napu U Water Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Napu U Water Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $393K |
| Surplus / Deficit | +$652K |
| Total Assets | $1.8M |
| Total Liabilities | $40K |
| Net Assets | $1.7M |
| Operating Margin | 62.4% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 54.2 months |
Financial Health Grade: A
In 2023, Napu U Water Inc reported a surplus of $652K with revenue exceeding expenses, holds 54.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Napu U Water Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +173.8% | -0.4% | +75.0% |
| 2022 | +4.9% | +8.0% | +6.8% |
| 2021 | -9.9% | -8.4% | +5.6% |
| 2020 | +28.2% | -2.7% | +2.2% |
| 2019 | -1.8% | +14.2% | -8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Napu U Water Inc with a Mission Score of 90 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Napu U Water Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $652K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is led by volunteers. This is a highly positive sign, suggesting that all funds are directed towards the mission rather than executive salaries.
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.
Strengths
The following positive indicators were identified for Napu U Water Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
- Significant revenue growth in 2023, reaching $1,045,078, nearly tripling the previous year's revenue.
- Strong and consistent asset growth, from $660,077 in 2014 to $1,774,384 in 2023.
- Low liabilities relative to assets, indicating a healthy balance sheet.
- Positive net income in most recent filing (2023), with revenue significantly exceeding expenses ($1,045,078 vs. $392,831).
Frequently Asked Questions about Napu U Water Inc
Is Napu U Water Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Napu U Water Inc (EIN: 202663131) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Napu U Water Inc spend its money?
Napu U Water Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Napu U Water Inc tax-deductible?
Napu U Water Inc is registered as a tax-exempt nonprofit (EIN: 202663131). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Napu U Water Inc's spending goes to programs?
Napu U Water Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Napu U Water Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Napu U Water Inc is above average for NTEE category Y22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Napu U Water Inc located?
Napu U Water Inc is headquartered in Kailua Kona, Hawaii and files with the IRS under EIN 202663131. It is classified under NTEE code Y22.
How many years of IRS 990 filings does Napu U Water Inc have?
Napu U Water 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 $593K in total revenue.
Is Napu U Water Inc a good charity?
Based on the available financial data, Napu U Water Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to its mission by operating with 0% officer compensation, meaning all leadership is volunteer-based.
How has Napu U Water Inc's financial health changed over time?
Napu U Water Inc has shown consistent financial growth. Its assets have grown from $660,077 in 2014 to $1,774,384 in 2023. Revenue has also generally increased, with a significant jump to over $1 million in 2023, indicating robust financial health and expanding capacity.
What is the significance of 0% officer compensation?
0% officer compensation is highly significant as it means no funds are being used to pay executives or officers. This suggests that the organization is run by volunteers, allowing a greater proportion of its revenue to be allocated directly to its programs and mission, enhancing its efficiency and impact.
Filing History
IRS 990 filing history for Napu U Water Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Napu U Water Inc's revenue has grown by 250.2%, moving from $298K to $1.0M. Total assets increased by 195.5% over the same period, from $600K to $1.8M. Total functional expenses rose by 3.7%, from $379K to $393K. In its most recent filing year (2023), Napu U Water Inc reported a surplus of $652K, with revenue exceeding expenses. The organization holds $40K in liabilities against $1.8M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $393K | $1.8M | $40K | — | View 990 |
| 2022 | $382K | $394K | $1.0M | $39K | — | View 990 |
| 2021 | $364K | $365K | $949K | $39K | — | View 990 |
| 2020 | $404K | $399K | $899K | $77K | — | View 990 |
| 2019 | $315K | $410K | $880K | $99K | — | View 990 |
| 2018 | $321K | $359K | $961K | $203K | — | View 990 |
| 2017 | $445K | $386K | $926K | $237K | — | View 990 |
| 2016 | $374K | $338K | $802K | $280K | — | View 990 |
| 2015 | $342K | $353K | $694K | $313K | — | View 990 |
| 2014 | $313K | $334K | $660K | $345K | — | View 990 |
| 2013 | $343K | $350K | $610K | $370K | — | View 990 |
| 2012 | $342K | $381K | $599K | $435K | — | View 990 |
| 2011 | $298K | $379K | $600K | $471K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $393K, and assets of $1.8M (revenue +173.8% year-over-year).
- 2022: Revenue of $382K, expenses of $394K, and assets of $1.0M (revenue +4.9% year-over-year).
- 2021: Revenue of $364K, expenses of $365K, and assets of $949K (revenue -9.9% year-over-year).
- 2020: Revenue of $404K, expenses of $399K, and assets of $899K (revenue +28.2% year-over-year).
- 2019: Revenue of $315K, expenses of $410K, and assets of $880K (revenue -1.8% year-over-year).
- 2018: Revenue of $321K, expenses of $359K, and assets of $961K (revenue -27.9% year-over-year).
- 2017: Revenue of $445K, expenses of $386K, and assets of $926K (revenue +18.9% year-over-year).
- 2016: Revenue of $374K, expenses of $338K, and assets of $802K (revenue +9.4% year-over-year).
- 2015: Revenue of $342K, expenses of $353K, and assets of $694K (revenue +9.2% year-over-year).
- 2014: Revenue of $313K, expenses of $334K, and assets of $660K (revenue -8.6% year-over-year).
- 2013: Revenue of $343K, expenses of $350K, and assets of $610K (revenue +0.1% year-over-year).
- 2012: Revenue of $342K, expenses of $381K, and assets of $599K (revenue +14.7% year-over-year).
- 2011: Revenue of $298K, expenses of $379K, and assets of $600K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Napu U Water Inc:
Data Sources and Methodology
This transparency report for Napu U Water 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.