Wahea Foundation
EIN: 271458898 · Honolulu, HI · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $93K |
| Total Expenses | $28K |
| Net Assets | $0 |
Is Wahea Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wahea Foundation
Wahea Foundation (EIN: 271458898) is a nonprofit organization based in Honolulu, HI, classified under NTEE code A20. The organization reported total revenue of $93K and total assets of $85K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wahea Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wahea Foundation is a micro nonprofit that has been operating for 9 years, with 2 years of IRS 990 filings on record (2019–2020). Revenue has grown at a compound annual rate of -51.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $28K |
| Surplus / Deficit | $-5,363 |
| Total Assets | $10K |
| Total Liabilities | $10K |
| Net Assets | $0 |
| Operating Margin | -23.3% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 4.2 months |
Financial Health Grade: C
In 2020, Wahea Foundation reported a deficit of $5K with expenses exceeding revenue, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 2 years of filings (2019–2020), Wahea Foundation's revenue has declined at a compound annual growth rate (CAGR) of -51.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -51.7% | +31.7% | -80.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wahea Foundation 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 Wahea Foundation 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Wahea Foundation
Is Wahea Foundation a legitimate charity?
Wahea Foundation (EIN: 271458898) is a registered tax-exempt nonprofit based in Hawaii. It has 2 years of IRS 990 filings on record. Total revenue: $93K. No red flags identified. Financial health grade: C.
How does Wahea Foundation spend its money?
Wahea Foundation reported $93K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wahea Foundation tax-deductible?
Wahea Foundation is registered as a tax-exempt nonprofit (EIN: 271458898). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wahea Foundation located?
Wahea Foundation is headquartered in Honolulu, Hawaii and files with the IRS under EIN 271458898. It is classified under NTEE code A20.
How many years of IRS 990 filings does Wahea Foundation have?
Wahea Foundation has 2 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 $93K in total revenue.
Filing History
IRS 990 filing history for Wahea Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2020), Wahea Foundation's revenue has declined by 51.7%, moving from $48K to $23K. Total assets decreased by 80.8% over the same period, from $52K to $10K. Total functional expenses rose by 31.7%, from $22K to $28K. In its most recent filing year (2020), Wahea Foundation reported a deficit of $5K, with expenses exceeding revenue. The organization holds $10K in liabilities against $10K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $23K | $28K | $10K | $10K | — | — |
| 2019 | $48K | $22K | $52K | $1 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wahea Foundation:
Data Sources and Methodology
This transparency report for Wahea 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.