Newhouse Inc
Newhouse Inc. consistently operates at a deficit, with declining assets and increasing liabilities over the past decade.
EIN: 200070076 · Honolulu, HI · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $100K |
| Total Expenses | $133K |
| Program Spending | 70% |
| Net Assets | $-623,413 |
| Transparency Score | 45/100 |
Is Newhouse Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Newhouse Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Newhouse Inc
Newhouse Inc (EIN: 200070076) is a nonprofit organization based in Honolulu, HI, classified under NTEE code L20. The organization reported total revenue of $100K and total assets of $838K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newhouse Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newhouse Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $100K |
| Total Expenses | $133K |
| Surplus / Deficit | $-32,419 |
| Total Assets | $838K |
| Total Liabilities | $1.5M |
| Net Assets | $-623,413 |
| Operating Margin | -32.3% |
| Debt-to-Asset Ratio | 174.4% |
| Months of Reserves | 75.7 months |
Financial Health Grade: C
In 2023, Newhouse Inc reported a deficit of $32K with expenses exceeding revenue, holds 75.7 months of operating reserves (strong position), has a debt-to-asset ratio of 174.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Newhouse Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.5% | -9.3% | -3.2% |
| 2022 | -0.6% | +6.4% | -0.4% |
| 2021 | +0.9% | -1.4% | -3.5% |
| 2020 | +2.6% | +2.3% | -3.7% |
| 2019 | -3.0% | +5.7% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Newhouse Inc with a Mission Score of 45 out of 100 (Fair). 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, Newhouse Inc 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 $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 174.4%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available filings, suggesting a volunteer-led organization or that compensation is categorized differently, which could make it difficult to assess leadership costs relative to the organization's size and mission.
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 Newhouse Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceed revenue in all reported periods)
- Declining asset base over the past decade (from $1,069,047 in 2014 to $837,613 in 2023)
- High and increasing liabilities ($1,386,280 in 2014 to $1,461,026 in 2023)
- Lack of reported officer compensation, which could obscure leadership costs if compensated under other categories.
Strengths
The following positive indicators were identified for Newhouse Inc:
- Consistent filing of IRS 990 forms, indicating compliance with reporting requirements.
Frequently Asked Questions about Newhouse Inc
Is Newhouse Inc a legitimate charity?
Newhouse Inc (EIN: 200070076) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $100K. 4 red flags identified. 1 strength noted. Financial health grade: C.
How does Newhouse Inc spend its money?
Newhouse Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Newhouse Inc tax-deductible?
Newhouse Inc is registered as a tax-exempt nonprofit (EIN: 200070076). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Newhouse Inc's spending goes to programs?
Newhouse Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Newhouse Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Newhouse Inc is near average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Newhouse Inc located?
Newhouse Inc is headquartered in Honolulu, Hawaii and files with the IRS under EIN 200070076. It is classified under NTEE code L20.
How many years of IRS 990 filings does Newhouse Inc have?
Newhouse 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 $100K in total revenue.
Is Newhouse Inc. a good charity?
Newhouse Inc. faces significant financial challenges, consistently spending more than it earns. While it reports no officer compensation, its long-term financial stability is a concern due to declining assets and high liabilities. Donors should consider these factors when evaluating its effectiveness.
What is the trend in Newhouse Inc.'s financial health?
Newhouse Inc.'s financial health has been deteriorating, marked by consistent operating deficits, a steady decline in assets from $1,069,047 in 2014 to $837,613 in 2023, and an increase in liabilities, reaching $1,461,026 in 2023.
How does Newhouse Inc. fund its operations given its deficits?
Given its consistent operating deficits, Newhouse Inc. appears to be funding its operations by drawing down on its assets or increasing its liabilities, as evidenced by the decline in assets and rise in liabilities over the past decade.
Filing History
IRS 990 filing history for Newhouse Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Newhouse Inc's revenue has declined by 2.3%, moving from $103K to $100K. Total assets decreased by 28.3% over the same period, from $1.2M to $838K. Total functional expenses rose by 19.7%, from $111K to $133K. In its most recent filing year (2023), Newhouse Inc reported a deficit of $32K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $838K in assets (debt-to-asset ratio: 174.4%), resulting in net assets of $-623,413.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $100K | $133K | $838K | $1.5M | — | — |
| 2022 | $92K | $146K | $866K | $1.5M | — | View 990 |
| 2021 | $93K | $137K | $869K | $1.4M | — | View 990 |
| 2020 | $92K | $139K | $901K | $1.4M | — | — |
| 2019 | $90K | $136K | $935K | $1.4M | — | View 990 |
| 2018 | $93K | $129K | $955K | $1.4M | — | View 990 |
| 2017 | $162K | $133K | $997K | $1.4M | — | View 990 |
| 2016 | $90K | $129K | $1.0M | $1.4M | — | View 990 |
| 2015 | $90K | $123K | $1.0M | $1.4M | — | View 990 |
| 2014 | $93K | $134K | $1.1M | $1.4M | — | View 990 |
| 2013 | $82K | $123K | $1.1M | $1.4M | — | View 990 |
| 2012 | $72K | $117K | $1.1M | $1.4M | — | View 990 |
| 2011 | $103K | $111K | $1.2M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $100K, expenses of $133K, and assets of $838K (revenue +8.5% year-over-year).
- 2022: Revenue of $92K, expenses of $146K, and assets of $866K (revenue -0.6% year-over-year).
- 2021: Revenue of $93K, expenses of $137K, and assets of $869K (revenue +0.9% year-over-year).
- 2020: Revenue of $92K, expenses of $139K, and assets of $901K (revenue +2.6% year-over-year).
- 2019: Revenue of $90K, expenses of $136K, and assets of $935K (revenue -3.0% year-over-year).
- 2018: Revenue of $93K, expenses of $129K, and assets of $955K (revenue -42.7% year-over-year).
- 2017: Revenue of $162K, expenses of $133K, and assets of $997K (revenue +78.8% year-over-year).
- 2016: Revenue of $90K, expenses of $129K, and assets of $1.0M (revenue +0.7% year-over-year).
- 2015: Revenue of $90K, expenses of $123K, and assets of $1.0M (revenue -3.9% year-over-year).
- 2014: Revenue of $93K, expenses of $134K, and assets of $1.1M (revenue +13.8% year-over-year).
- 2013: Revenue of $82K, expenses of $123K, and assets of $1.1M (revenue +14.5% year-over-year).
- 2012: Revenue of $72K, expenses of $117K, and assets of $1.1M (revenue -30.2% year-over-year).
- 2011: Revenue of $103K, expenses of $111K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newhouse Inc:
Data Sources and Methodology
This transparency report for Newhouse 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.