Pacific Financial Aid Association
Pacific Financial Aid Association operates with no paid officers, experiencing fluctuating revenues and expenses.
EIN: 200429061 · Hilo, HI · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $28K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $81K |
| Transparency Score | 75/100 |
Is Pacific Financial Aid Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pacific Financial Aid Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pacific Financial Aid Association
Pacific Financial Aid Association (EIN: 200429061) is a nonprofit organization based in Hilo, HI, classified under NTEE code B82. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pacific Financial Aid Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pacific Financial Aid Association is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $28K |
| Surplus / Deficit | $-7,148 |
| Total Assets | $81K |
| Net Assets | $81K |
| Operating Margin | -34.2% |
| Months of Reserves | 34.8 months |
Financial Health Grade: B
In 2023, Pacific Financial Aid Association reported a deficit of $7K with expenses exceeding revenue, holds 34.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Pacific Financial Aid Association's revenue has declined at a compound annual growth rate (CAGR) of -10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +211.7% | +585.8% | -8.1% |
| 2022 | +6.8% | +11.3% | +3.0% |
| 2021 | -28.5% | -25.0% | +2.6% |
| 2020 | -65.7% | -81.4% | -18.0% |
| 2019 | -48.0% | -15.3% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Pacific Financial Aid Association 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Pacific Financial Aid Association allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $7K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all filings, indicating that the organization is likely run by volunteers or that compensation falls below reporting thresholds, which is commendable for a small organization of its size.
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 Pacific Financial Aid Association's IRS 990 filings:
- Inconsistent revenue stream with significant fluctuations year-over-year (e.g., $75,127 in 2014 vs. $6,269 in 2021).
- Expenses exceeded revenue in the most recent filing (2023: Expenses=$28,022, Revenue=$20,874), leading to a deficit.
Strengths
The following positive indicators were identified for Pacific Financial Aid Association:
- Consistently reports $0 officer compensation, indicating a volunteer-driven model and efficient use of funds.
- Maintains a debt-free status with $0 liabilities across all reported periods.
- Consistent filing of IRS Form 990s demonstrates transparency and compliance.
- Maintains a stable asset base, typically between $80,000 and $100,000, providing some financial cushion.
Frequently Asked Questions about Pacific Financial Aid Association
Is Pacific Financial Aid Association a legitimate charity?
Pacific Financial Aid Association (EIN: 200429061) 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. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Pacific Financial Aid Association spend its money?
Pacific Financial Aid Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Pacific Financial Aid Association tax-deductible?
Pacific Financial Aid Association is registered as a tax-exempt nonprofit (EIN: 200429061). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pacific Financial Aid Association CEO make?
Pacific Financial Aid Association's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Pacific Financial Aid Association's spending goes to programs?
Pacific Financial Aid Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pacific Financial Aid Association compare to similar nonprofits?
With a transparency score of 75/100 (Good), Pacific Financial Aid Association is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pacific Financial Aid Association located?
Pacific Financial Aid Association is headquartered in Hilo, Hawaii and files with the IRS under EIN 200429061. It is classified under NTEE code B82.
How many years of IRS 990 filings does Pacific Financial Aid Association have?
Pacific Financial Aid Association 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.
Is Pacific Financial Aid Association a good charity?
Based on the available data, Pacific Financial Aid Association appears to be a fiscally responsible organization with no reported liabilities and no paid officers, suggesting a strong commitment to its mission through volunteer efforts. Its financial stability is moderate, with fluctuating revenues and expenses, but it consistently maintains a positive asset base.
How does the organization manage its finances given the revenue fluctuations?
The organization manages its finances by maintaining a modest asset base (e.g., $81,164 in 2023) and operating without debt (Liabilities=$0). While revenue fluctuates, the organization has shown periods of both surplus and deficit, indicating a need for careful budgeting, but its overall financial position remains stable.
What is the trend in the organization's revenue?
The organization's revenue has shown a general downward trend from a peak of $75,127 in 2014 to $20,874 in 2023, with some intermittent increases and decreases. The lowest revenue reported was $6,269 in 2021.
Filing History
IRS 990 filing history for Pacific Financial Aid Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pacific Financial Aid Association's revenue has declined by 73.2%, moving from $78K to $21K. Total assets increased by 5.9% over the same period, from $77K to $81K. Total functional expenses fell by 58.4%, from $67K to $28K. In its most recent filing year (2023), Pacific Financial Aid Association reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21K | $28K | $81K | $0 | — | View 990 |
| 2022 | $7K | $4K | $88K | $0 | — | — |
| 2021 | $6K | $4K | $86K | $0 | — | — |
| 2020 | $9K | $5K | $84K | $0 | — | View 990 |
| 2019 | $26K | $26K | $102K | $0 | — | View 990 |
| 2018 | $49K | $31K | $101K | $0 | — | View 990 |
| 2017 | $44K | $43K | $83K | $0 | — | View 990 |
| 2016 | $47K | $60K | $83K | $0 | — | View 990 |
| 2015 | $60K | $71K | $100K | $0 | — | View 990 |
| 2014 | $75K | $67K | $105K | $0 | — | View 990 |
| 2013 | $86K | $77K | $97K | $0 | — | View 990 |
| 2012 | $74K | $84K | $89K | $0 | — | View 990 |
| 2011 | $78K | $67K | $77K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21K, expenses of $28K, and assets of $81K (revenue +211.7% year-over-year).
- 2022: Revenue of $7K, expenses of $4K, and assets of $88K (revenue +6.8% year-over-year).
- 2021: Revenue of $6K, expenses of $4K, and assets of $86K (revenue -28.5% year-over-year).
- 2020: Revenue of $9K, expenses of $5K, and assets of $84K (revenue -65.7% year-over-year).
- 2019: Revenue of $26K, expenses of $26K, and assets of $102K (revenue -48.0% year-over-year).
- 2018: Revenue of $49K, expenses of $31K, and assets of $101K (revenue +12.4% year-over-year).
- 2017: Revenue of $44K, expenses of $43K, and assets of $83K (revenue -7.3% year-over-year).
- 2016: Revenue of $47K, expenses of $60K, and assets of $83K (revenue -21.4% year-over-year).
- 2015: Revenue of $60K, expenses of $71K, and assets of $100K (revenue -20.1% year-over-year).
- 2014: Revenue of $75K, expenses of $67K, and assets of $105K (revenue -12.2% year-over-year).
- 2013: Revenue of $86K, expenses of $77K, and assets of $97K (revenue +15.9% year-over-year).
- 2012: Revenue of $74K, expenses of $84K, and assets of $89K (revenue -5.4% year-over-year).
- 2011: Revenue of $78K, expenses of $67K, and assets of $77K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pacific Financial Aid Association:
Data Sources and Methodology
This transparency report for Pacific Financial Aid Association 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.