Thinktech Hawaii Inc
EIN: 680559770 · Honolulu, HI · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $84K |
| Total Expenses | $166K |
| Net Assets | $78K |
Is Thinktech Hawaii Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Thinktech Hawaii Inc
Thinktech Hawaii Inc (EIN: 680559770) is a nonprofit organization based in Honolulu, HI, classified under NTEE code P99. The organization reported total revenue of $84K and total assets of $70K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thinktech Hawaii Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thinktech Hawaii Inc 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 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $124K |
| Total Expenses | $166K |
| Surplus / Deficit | $-41,283 |
| Total Assets | $79K |
| Total Liabilities | $1K |
| Net Assets | $78K |
| Operating Margin | -33.2% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 5.7 months |
Financial Health Grade: B
In 2023, Thinktech Hawaii Inc reported a deficit of $41K with expenses exceeding revenue, holds 5.7 months of operating reserves (adequate), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Thinktech Hawaii Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.3% | -1.1% | -34.3% |
| 2022 | -7.9% | +13.2% | -11.8% |
| 2021 | -10.7% | +35.6% | +12.5% |
| 2020 | +30.3% | -23.2% | +154.5% |
| 2019 | -8.2% | -20.8% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Thinktech Hawaii Inc 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 Thinktech Hawaii Inc 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 deficit of $41K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.5%.
Frequently Asked Questions about Thinktech Hawaii Inc
Is Thinktech Hawaii Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Thinktech Hawaii Inc (EIN: 680559770) insufficient data. 0 red flags identified, 0 strengths noted.
How does Thinktech Hawaii Inc spend its money?
Detailed spending breakdown data is not yet available for Thinktech Hawaii Inc. Check back for updated IRS 990 analysis.
Are donations to Thinktech Hawaii Inc tax-deductible?
Thinktech Hawaii Inc is registered as a tax-exempt nonprofit (EIN: 680559770). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Thinktech Hawaii Inc located?
Thinktech Hawaii Inc is headquartered in Honolulu, Hawaii and files with the IRS under EIN 680559770. It is classified under NTEE code P99.
How many years of IRS 990 filings does Thinktech Hawaii Inc have?
Thinktech Hawaii Inc 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. The most recent filing shows $84K in total revenue.
Filing History
IRS 990 filing history for Thinktech Hawaii Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Thinktech Hawaii Inc's revenue has grown by 70.1%, moving from $73K to $124K. Total assets increased by 310.3% over the same period, from $19K to $79K. Total functional expenses rose by 140.2%, from $69K to $166K. In its most recent filing year (2023), Thinktech Hawaii Inc reported a deficit of $41K, with expenses exceeding revenue. The organization holds $1K in liabilities against $79K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $78K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $124K | $166K | $79K | $1K | — | View 990 |
| 2022 | $150K | $168K | $120K | $1K | — | View 990 |
| 2021 | $163K | $148K | $136K | $0 | — | View 990 |
| 2020 | $183K | $109K | $121K | $0 | — | — |
| 2019 | $140K | $142K | $48K | $0 | — | View 990 |
| 2018 | $153K | $179K | $50K | $0 | — | View 990 |
| 2017 | $176K | $174K | $76K | $0 | — | View 990 |
| 2016 | $225K | $188K | $74K | $0 | — | View 990 |
| 2015 | $189K | $184K | $38K | $0 | — | View 990 |
| 2014 | $167K | $154K | $33K | $0 | — | View 990 |
| 2013 | $102K | $108K | $21K | $767 | — | View 990 |
| 2012 | $81K | $74K | $26K | $0 | — | View 990 |
| 2011 | $73K | $69K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $124K, expenses of $166K, and assets of $79K (revenue -17.3% year-over-year).
- 2022: Revenue of $150K, expenses of $168K, and assets of $120K (revenue -7.9% year-over-year).
- 2021: Revenue of $163K, expenses of $148K, and assets of $136K (revenue -10.7% year-over-year).
- 2020: Revenue of $183K, expenses of $109K, and assets of $121K (revenue +30.3% year-over-year).
- 2019: Revenue of $140K, expenses of $142K, and assets of $48K (revenue -8.2% year-over-year).
- 2018: Revenue of $153K, expenses of $179K, and assets of $50K (revenue -13.2% year-over-year).
- 2017: Revenue of $176K, expenses of $174K, and assets of $76K (revenue -21.7% year-over-year).
- 2016: Revenue of $225K, expenses of $188K, and assets of $74K (revenue +19.1% year-over-year).
- 2015: Revenue of $189K, expenses of $184K, and assets of $38K (revenue +13.2% year-over-year).
- 2014: Revenue of $167K, expenses of $154K, and assets of $33K (revenue +63.6% year-over-year).
- 2013: Revenue of $102K, expenses of $108K, and assets of $21K (revenue +26.4% year-over-year).
- 2012: Revenue of $81K, expenses of $74K, and assets of $26K (revenue +10.2% year-over-year).
- 2011: Revenue of $73K, expenses of $69K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thinktech Hawaii Inc:
Data Sources and Methodology
This transparency report for Thinktech Hawaii 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.