Shdc No 12 Inc
Shdc No 12 Inc consistently operates at a significant deficit, spending nearly double its revenue annually.
EIN: 202068803 · Honolulu, HI · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $38K |
| Total Expenses | $67K |
| Program Spending | 80% |
| Net Assets | $1.3M |
| Transparency Score | 60/100 |
Is Shdc No 12 Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shdc No 12 Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shdc No 12 Inc
Shdc No 12 Inc (EIN: 202068803) is a nonprofit organization based in Honolulu, HI, classified under NTEE code L20. The organization reported total revenue of $38K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shdc No 12 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shdc No 12 Inc is a micro nonprofit that has been operating for 21 years, with 3 years of IRS 990 filings on record (2012–2014). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $36K |
| Total Expenses | $67K |
| Surplus / Deficit | $-31,007 |
| Total Assets | $1.3M |
| Total Liabilities | $49K |
| Net Assets | $1.3M |
| Operating Margin | -86.8% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 240.3 months |
Financial Health Grade: B
In 2014, Shdc No 12 Inc reported a deficit of $31K with expenses exceeding revenue, holds 240.3 months of operating reserves (strong position), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 3 years of filings (2012–2014), Shdc No 12 Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +4.2% | +0.1% | -3.0% |
| 2013 | +5.6% | -1.4% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Shdc No 12 Inc with a Mission Score of 60 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Shdc No 12 Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is appropriate for an organization of this size and financial structure, indicating that leadership is not drawing a salary from the nonprofit's limited funds.
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 Shdc No 12 Inc's IRS 990 filings:
- Consistent and significant operational deficits (expenses nearly double revenue)
- Declining asset base over time (from $1.39M to $1.11M)
Strengths
The following positive indicators were identified for Shdc No 12 Inc:
- No reported officer compensation, indicating volunteer leadership or efficient use of funds at the top
- Consistent revenue stream, albeit insufficient to cover expenses
- Good transparency with multiple IRS 990 filings available
Frequently Asked Questions about Shdc No 12 Inc
Is Shdc No 12 Inc a legitimate charity?
Shdc No 12 Inc (EIN: 202068803) is a registered tax-exempt nonprofit based in Hawaii. Our AI analysis gives it a Mission Score of 60/100. It has 3 years of IRS 990 filings on record. Total revenue: $38K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Shdc No 12 Inc spend its money?
Shdc No 12 Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Shdc No 12 Inc tax-deductible?
Shdc No 12 Inc is registered as a tax-exempt nonprofit (EIN: 202068803). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Shdc No 12 Inc's spending goes to programs?
Shdc No 12 Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Shdc No 12 Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Shdc No 12 Inc is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Shdc No 12 Inc located?
Shdc No 12 Inc is headquartered in Honolulu, Hawaii and files with the IRS under EIN 202068803. It is classified under NTEE code L20.
How many years of IRS 990 filings does Shdc No 12 Inc have?
Shdc No 12 Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $38K in total revenue.
Is Shdc No 12 Inc financially sustainable?
Based on the consistent operational deficits where expenses are nearly double revenue, the organization's current financial model is not sustainable without drawing down its assets. Its assets have decreased from $1,396,296 in 2012 to $1,114,912 currently.
What are the primary drivers of Shdc No 12 Inc's expenses?
While the detailed breakdown of expenses isn't provided in the summary data, the consistent high expense levels relative to revenue (e.g., $66,730 expenses vs. $35,723 revenue in 2014) suggest significant operational costs that are not covered by incoming revenue.
Filing History
IRS 990 filing history for Shdc No 12 Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2012–2014), Shdc No 12 Inc's revenue has grown by 10.1%, moving from $32K to $36K. Total assets decreased by 4.3% over the same period, from $1.4M to $1.3M. Total functional expenses fell by 1.3%, from $68K to $67K. In its most recent filing year (2014), Shdc No 12 Inc reported a deficit of $31K, with expenses exceeding revenue. The organization holds $49K in liabilities against $1.3M in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $36K | $67K | $1.3M | $49K | — | View 990 |
| 2013 | $34K | $67K | $1.4M | $59K | — | View 990 |
| 2012 | $32K | $68K | $1.4M | $45K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $36K, expenses of $67K, and assets of $1.3M (revenue +4.2% year-over-year).
- 2013: Revenue of $34K, expenses of $67K, and assets of $1.4M (revenue +5.6% year-over-year).
- 2012: Revenue of $32K, expenses of $68K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shdc No 12 Inc:
Data Sources and Methodology
This transparency report for Shdc No 12 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.