Sogi Foundation

Sogi Foundation maintains strong asset base with minimal liabilities and no reported officer compensation.

EIN: 133033449 · Holualoa, HI · Updated: 2026-03-28

$41KRevenue

$447KAssets

85/100Mission Score (Excellent)

Is Sogi Foundation Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Sogi Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Sogi Foundation

Sogi Foundation (EIN: 133033449) is a nonprofit organization based in Holualoa, HI. The organization reported total revenue of $41K and total assets of $447K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sogi Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Sogi Foundation demonstrates consistent financial stability with a healthy asset base relative to its revenue. Over the past three years (2021-2023), the organization has maintained assets exceeding $400,000, while annual revenues have fluctuated between $22,409 and $34,174. Expenses have generally been well-managed, staying below revenue in recent years, indicating responsible financial stewardship. The foundation's liabilities have consistently been reported as minimal ($1 or $0), suggesting a strong balance sheet and low financial risk.

Spending efficiency appears to be a strength, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that the organization's leadership is likely volunteer-based or compensated through other means not reported as officer compensation, which can free up more funds for programmatic activities. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, a precise assessment of spending efficiency is challenging. The overall trend shows expenses generally increasing in line with revenue, maintaining a sustainable operational model.

Transparency is generally good, with a consistent filing history of 990 forms. The absence of officer compensation is a positive indicator for donor confidence. To further enhance transparency, the organization could provide more detailed breakdowns of its expenses, allowing for a clearer understanding of how funds are allocated across its mission-related activities, administration, and fundraising efforts. The consistent asset growth, from $1 in 2012 to $446,534 currently, also points to effective asset management over time.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sogi Foundation with a Mission Score of 85 out of 100 (Excellent). 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, Sogi Foundation 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer channels, which is highly favorable for directing funds towards its 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 Sogi Foundation's IRS 990 filings:

NTEE Code is unknown, making it difficult to benchmark against similar organizations.
Lack of detailed expense breakdown in provided data makes precise spending efficiency analysis challenging.

Strengths

The following positive indicators were identified for Sogi Foundation:

Consistent reporting of 0% officer compensation, indicating efficient use of funds.
Strong asset base ($446,534) relative to annual revenue, providing financial stability.
Minimal liabilities ($1 or $0) across all filings, demonstrating excellent financial health.
Positive net income in recent years (e.g., 2023: $24,505 revenue vs. $23,336 expenses), indicating sustainable operations.
Consistent filing history (9 filings), demonstrating good transparency and compliance.

Frequently Asked Questions about Sogi Foundation

Is Sogi Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Sogi Foundation (EIN: 133033449) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.

How does Sogi Foundation spend its money?

Sogi Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Sogi Foundation tax-deductible?

Sogi Foundation is registered as a tax-exempt nonprofit (EIN: 133033449). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Sogi Foundation a good charity?

Based on the available data, Sogi Foundation appears to be a well-managed charity with strong financial health, minimal liabilities, and no reported officer compensation, suggesting a high dedication of resources to its mission. However, without specific program details, it's hard to assess direct impact.

How has Sogi Foundation's financial health changed over time?

Sogi Foundation has shown significant financial growth, with assets increasing from $1 in 2012 to $446,534 currently. Revenue and expenses have fluctuated but generally show a stable and growing operational capacity, particularly in recent years where revenue has consistently exceeded expenses.

What is the organization's approach to executive compensation?

The organization consistently reports 0% officer compensation, indicating a commitment to minimizing overhead costs related to executive salaries and potentially relying on volunteer leadership.

Are there any concerns regarding the organization's liabilities?

No, the organization consistently reports liabilities of $1 or $0 across all available filings, indicating extremely low financial risk and a very strong balance sheet.

Filing History

IRS 990 filing history for Sogi Foundation showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2023), Sogi Foundation's revenue has grown by 1455.9%, moving from $2K to $25K. Total assets increased by 15.7% over the same period, from $379K to $439K. Total functional expenses rose by 123.3%, from $10K to $23K. In its most recent filing year (2023), Sogi Foundation reported a surplus of $1K, with revenue exceeding expenses. The organization holds $1 in liabilities against $439K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $439K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$25K	$23K	$439K	$1	—	—
2022	$34K	$19K	$421K	$1	—	View 990
2021	$22K	$20K	$407K	$1	—	—
2020	$919	$18K	$382K	$1	—	View 990
2019	$70K	$10K	$461K	$0	—	View 990
2014	$25K	$4K	$381K	$0	—	View 990
2013	$2K	$4K	$357K	$0	—	View 990
2012	$1K	$12K	$1	$0	—	View 990
2011	$2K	$10K	$379K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $25K, expenses of $23K, and assets of $439K (revenue -28.3% year-over-year).
2022: Revenue of $34K, expenses of $19K, and assets of $421K (revenue +52.5% year-over-year).
2021: Revenue of $22K, expenses of $20K, and assets of $407K (revenue +2338.4% year-over-year).
2020: Revenue of $919, expenses of $18K, and assets of $382K (revenue -98.7% year-over-year).
2019: Revenue of $70K, expenses of $10K, and assets of $461K (revenue +175.4% year-over-year).
2014: Revenue of $25K, expenses of $4K, and assets of $381K (revenue +1369.5% year-over-year).
2013: Revenue of $2K, expenses of $4K, and assets of $357K (revenue +34.8% year-over-year).
2012: Revenue of $1K, expenses of $12K, and assets of $1 (revenue -18.3% year-over-year).
2011: Revenue of $2K, expenses of $10K, and assets of $379K.

Data Sources and Methodology

This transparency report for Sogi Foundation 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.