Shade Institute
EIN: 811670035 · Honolulu, HI
| Metric | Value |
|---|---|
| Total Revenue | $89K |
| Total Expenses | $68K |
| Net Assets | $29K |
Is Shade Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shade Institute
Shade Institute (EIN: 811670035) is a nonprofit organization based in Honolulu, HI. The organization reported total revenue of $89K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shade Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shade Institute is a micro nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 19.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $79K |
| Total Expenses | $68K |
| Surplus / Deficit | +$12K |
| Total Assets | $29K |
| Net Assets | $29K |
| Operating Margin | 14.7% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2023, Shade Institute reported a surplus of $12K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate).
Financial Trends
Over 6 years of filings (2016–2023), Shade Institute's revenue has grown at a compound annual growth rate (CAGR) of 19.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.9% | -58.9% | +66.6% |
| 2022 | -22.8% | -13.2% | +1.4% |
| 2021 | +176.6% | +111.7% | +1722800.0% |
| 2017 | -100.0% | -99.3% | -7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shade Institute 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 Shade Institute 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
Frequently Asked Questions about Shade Institute
Is Shade Institute a legitimate charity?
Shade Institute (EIN: 811670035) is a registered tax-exempt nonprofit based in Hawaii. It has 6 years of IRS 990 filings on record. Total revenue: $89K. No red flags identified. Financial health grade: A.
How does Shade Institute spend its money?
Shade Institute reported $89K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Shade Institute tax-deductible?
Shade Institute is registered as a tax-exempt nonprofit (EIN: 811670035). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shade Institute located?
Shade Institute is headquartered in Honolulu, Hawaii and files with the IRS under EIN 811670035.
How many years of IRS 990 filings does Shade Institute have?
Shade Institute has 6 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 $89K in total revenue.
Filing History
IRS 990 filing history for Shade Institute showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2016–2023), Shade Institute's revenue has grown by 242.8%, moving from $23K to $79K. Total assets increased by 1374.5% over the same period, from $2K to $29K. Total functional expenses rose by 219.7%, from $21K to $68K. In its most recent filing year (2023), Shade Institute reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $79K | $68K | $29K | $0 | — | — |
| 2022 | $165K | $165K | $17K | $0 | — | View 990 |
| 2021 | $214K | $190K | $17K | $0 | — | View 990 |
| 2020 | $77K | $90K | $1 | $7K | — | — |
| 2017 | $0 | $148 | $2K | $0 | — | View 990 |
| 2016 | $23K | $21K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $79K, expenses of $68K, and assets of $29K (revenue -51.9% year-over-year).
- 2022: Revenue of $165K, expenses of $165K, and assets of $17K (revenue -22.8% year-over-year).
- 2021: Revenue of $214K, expenses of $190K, and assets of $17K (revenue +176.6% year-over-year).
- 2020: Revenue of $77K, expenses of $90K, and assets of $1.
- 2017: Revenue of $0, expenses of $148, and assets of $2K (revenue -100.0% year-over-year).
- 2016: Revenue of $23K, expenses of $21K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shade Institute:
Data Sources and Methodology
This transparency report for Shade Institute 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.