S H A K A Foundation Inc
S H A K A Foundation Inc. reports zero revenue and declining assets in its latest filing.
EIN: 205750854 · Honolulu, HI · NTEE: N50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $11K |
| Program Spending | 75% |
| Net Assets | $10K |
| Transparency Score | 40/100 |
Is S H A K A Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
S H A K A Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About S H A K A Foundation Inc
S H A K A Foundation Inc (EIN: 205750854) is a nonprofit organization based in Honolulu, HI, classified under NTEE code N50. The organization reported total revenue of $0 and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of S H A K A Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
S H A K A Foundation Inc is a micro nonprofit that has been operating for 18 years, with 7 years of IRS 990 filings on record (2013–2019).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -100.0% | -96.5% | -52.7% |
| 2018 | -36.2% | -24.1% | -35.5% |
| 2017 | +-0.0% | +-0.0% | -41.7% |
| 2016 | +11.7% | +7.5% | +43.5% |
| 2015 | +15.9% | +16.3% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 S H A K A Foundation Inc with a Mission Score of 40 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, S H A K A Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that no salaries or other compensation were paid to officers, which is a positive sign for resource allocation directly to the 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 S H A K A Foundation Inc's IRS 990 filings:
- Zero revenue in the latest filing (201912)
- Consistent decline in total assets over multiple years (from $61,012 in 201312 to $9,798 in 201912)
- Significant and sustained decrease in annual revenue from a peak of $437,638 to $0
Strengths
The following positive indicators were identified for S H A K A Foundation Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating no executive pay
- No reported liabilities across all available filings, suggesting a debt-free status
Frequently Asked Questions about S H A K A Foundation Inc
Is S H A K A Foundation Inc a legitimate charity?
S H A K A Foundation Inc (EIN: 205750854) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 40/100. It has 7 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does S H A K A Foundation Inc spend its money?
S H A K A Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to S H A K A Foundation Inc tax-deductible?
S H A K A Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205750854). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of S H A K A Foundation Inc's spending goes to programs?
S H A K A Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does S H A K A Foundation Inc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), S H A K A Foundation Inc is near average for NTEE category N50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is S H A K A Foundation Inc located?
S H A K A Foundation Inc is headquartered in Honolulu, Hawaii and files with the IRS under EIN 205750854. It is classified under NTEE code N50.
How many years of IRS 990 filings does S H A K A Foundation Inc have?
S H A K A Foundation Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is S H A K A Foundation Inc. still actively operating?
The latest filing (201912) shows $0 in revenue and $11,270 in expenses, which strongly suggests the organization may be dormant or in the process of winding down operations, especially given the consistent decline in financial activity over several years.
What caused the significant decline in revenue and assets?
The provided data does not specify the reasons for the decline, but the trend from $437,638 in revenue in 201612 to $0 in 201912, alongside a decrease in assets from $61,012 to $9,798, indicates a substantial operational or funding challenge.
How did the organization cover expenses with zero revenue in 201912?
With $0 revenue and $11,270 in expenses in 201912, the organization likely covered these expenses by drawing down its remaining assets, which decreased from $20,734 in 201812 to $9,798 in 201912.
Filing History
IRS 990 filing history for S H A K A Foundation Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2013–2019), S H A K A Foundation Inc's revenue has declined by 100%, moving from $289K to $0. Total assets decreased by 83.9% over the same period, from $61K to $10K. Total functional expenses fell by 96.4%, from $312K to $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $0 | $11K | $10K | $0 | — | View 990 |
| 2018 | $279K | $319K | $21K | $0 | — | View 990 |
| 2017 | $438K | $421K | $32K | $0 | — | View 990 |
| 2016 | $438K | $421K | $55K | $0 | — | View 990 |
| 2015 | $392K | $391K | $38K | $0 | — | View 990 |
| 2014 | $338K | $337K | $38K | $0 | — | View 990 |
| 2013 | $289K | $312K | $61K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $0, expenses of $11K, and assets of $10K (revenue -100.0% year-over-year).
- 2018: Revenue of $279K, expenses of $319K, and assets of $21K (revenue -36.2% year-over-year).
- 2017: Revenue of $438K, expenses of $421K, and assets of $32K (revenue +-0.0% year-over-year).
- 2016: Revenue of $438K, expenses of $421K, and assets of $55K (revenue +11.7% year-over-year).
- 2015: Revenue of $392K, expenses of $391K, and assets of $38K (revenue +15.9% year-over-year).
- 2014: Revenue of $338K, expenses of $337K, and assets of $38K (revenue +17.2% year-over-year).
- 2013: Revenue of $289K, expenses of $312K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for S H A K A Foundation Inc:
Data Sources and Methodology
This transparency report for S H A K A Foundation 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.