Olelo Christian Academy
EIN: 300054855 · Lihue, HI · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $535K |
| Total Expenses | $678K |
| Net Assets | $45K |
Is Olelo Christian Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Olelo Christian Academy
Olelo Christian Academy (EIN: 300054855) is a nonprofit organization based in Lihue, HI, classified under NTEE code B24. The organization reported total revenue of $535K and total assets of $227K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Olelo Christian Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Olelo Christian Academy is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 16.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $546K |
| Total Expenses | $678K |
| Surplus / Deficit | $-132,581 |
| Total Assets | $304K |
| Total Liabilities | $259K |
| Net Assets | $45K |
| Operating Margin | -24.3% |
| Debt-to-Asset Ratio | 85.2% |
| Months of Reserves | 5.4 months |
Financial Health Grade: C
In 2024, Olelo Christian Academy reported a deficit of $133K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 85.2% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Olelo Christian Academy's revenue has grown at a compound annual growth rate (CAGR) of 16.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -8.8% | +9.7% | -50.7% |
| 2023 | +1.7% | +9.4% | +102.4% |
| 2022 | +37.3% | +54.0% | +16.6% |
| 2021 | +64.5% | +41.3% | +214.5% |
| 2020 | +12.4% | +9.9% | +118.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Olelo Christian Academy 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 Olelo Christian Academy 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $133K, with expenses exceeding revenue.
- Debt-to-asset ratio: 85.2%.
Frequently Asked Questions about Olelo Christian Academy
Is Olelo Christian Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Olelo Christian Academy (EIN: 300054855) insufficient data. 0 red flags identified, 0 strengths noted.
How does Olelo Christian Academy spend its money?
Detailed spending breakdown data is not yet available for Olelo Christian Academy. Check back for updated IRS 990 analysis.
Are donations to Olelo Christian Academy tax-deductible?
Olelo Christian Academy is registered as a tax-exempt nonprofit (EIN: 300054855). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Olelo Christian Academy located?
Olelo Christian Academy is headquartered in Lihue, Hawaii and files with the IRS under EIN 300054855. It is classified under NTEE code B24.
How many years of IRS 990 filings does Olelo Christian Academy have?
Olelo Christian Academy 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 $535K in total revenue.
Filing History
IRS 990 filing history for Olelo Christian Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Olelo Christian Academy's revenue has grown by 545.5%, moving from $85K to $546K. Total assets increased by 1930.9% over the same period, from $15K to $304K. Total functional expenses rose by 788.8%, from $76K to $678K. In its most recent filing year (2024), Olelo Christian Academy reported a deficit of $133K, with expenses exceeding revenue. The organization holds $259K in liabilities against $304K in assets (debt-to-asset ratio: 85.2%), resulting in net assets of $45K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $546K | $678K | $304K | $259K | — | — |
| 2023 | $598K | $618K | $616K | $447K | — | View 990 |
| 2022 | $589K | $565K | $305K | $115K | — | View 990 |
| 2021 | $429K | $367K | $261K | $115K | — | — |
| 2020 | $261K | $260K | $83K | $0 | — | View 990 |
| 2019 | $232K | $236K | $38K | $0 | — | View 990 |
| 2018 | $249K | $256K | $43K | $0 | — | View 990 |
| 2017 | $196K | $190K | $42K | $0 | — | View 990 |
| 2016 | $122K | $132K | $37K | $318 | — | View 990 |
| 2015 | $154K | $127K | $48K | $297 | — | View 990 |
| 2014 | $116K | $121K | $21K | $0 | — | View 990 |
| 2013 | $110K | $99K | $25K | $0 | — | View 990 |
| 2012 | $85K | $76K | $15K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $546K, expenses of $678K, and assets of $304K (revenue -8.8% year-over-year).
- 2023: Revenue of $598K, expenses of $618K, and assets of $616K (revenue +1.7% year-over-year).
- 2022: Revenue of $589K, expenses of $565K, and assets of $305K (revenue +37.3% year-over-year).
- 2021: Revenue of $429K, expenses of $367K, and assets of $261K (revenue +64.5% year-over-year).
- 2020: Revenue of $261K, expenses of $260K, and assets of $83K (revenue +12.4% year-over-year).
- 2019: Revenue of $232K, expenses of $236K, and assets of $38K (revenue -6.9% year-over-year).
- 2018: Revenue of $249K, expenses of $256K, and assets of $43K (revenue +27.3% year-over-year).
- 2017: Revenue of $196K, expenses of $190K, and assets of $42K (revenue +60.7% year-over-year).
- 2016: Revenue of $122K, expenses of $132K, and assets of $37K (revenue -21.0% year-over-year).
- 2015: Revenue of $154K, expenses of $127K, and assets of $48K (revenue +32.8% year-over-year).
- 2014: Revenue of $116K, expenses of $121K, and assets of $21K (revenue +5.7% year-over-year).
- 2013: Revenue of $110K, expenses of $99K, and assets of $25K (revenue +29.9% year-over-year).
- 2012: Revenue of $85K, expenses of $76K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Olelo Christian Academy:
Data Sources and Methodology
This transparency report for Olelo Christian Academy 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.