Waiakea High School Foundation

Waiakea High School Foundation shows stable assets but fluctuating revenue, with zero officer compensation.

EIN: 201282904 · Hilo, HI · NTEE: B94 · Updated: 2026-03-28

$0Revenue

$0Assets

75/100Mission Score (Good)

B94

About Waiakea High School Foundation

Waiakea High School Foundation (EIN: 201282904) is a nonprofit organization based in Hilo, HI, classified under NTEE code B94. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waiakea High School Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Waiakea High School Foundation appears to be a small, community-focused organization with a relatively stable financial position, primarily holding assets to support its mission rather than engaging in large-scale operations. Over the past six years, its revenue has fluctuated, with a notable high of $17,068 in 2013 and a low of $0 in its latest filing, suggesting a reliance on periodic donations or fundraising efforts. The organization consistently reports zero liabilities, indicating sound financial management and no reliance on debt. However, the latest filing showing $0 in both revenue and assets raises questions about its current operational status or reporting accuracy for that specific period. Given its small scale, the foundation's financial health seems to be maintained through its asset base, which has hovered around $80,000-$85,000 in recent years, rather than significant annual program spending.

Spending efficiency is difficult to fully assess without detailed expense breakdowns, but the overall expenses are modest, generally ranging from $1,370 to $7,412, with one outlier of $60,482 in 2012. The consistent reporting of 0% officer compensation indicates that leadership is likely volunteer-based, which is a positive sign for donor dollars directly supporting the mission. The lack of detailed program spending information in the provided data makes it challenging to determine the exact proportion of funds directly allocated to programs versus administrative or fundraising costs. However, for an organization of this size, a significant portion of its expenses would typically be administrative in nature to maintain its legal and operational status.

Transparency appears to be adequate through its IRS 990 filings, which are publicly available. The consistent filing history demonstrates compliance with reporting requirements. The absence of liabilities and officer compensation are positive indicators of responsible financial stewardship. The primary area for improved transparency would be more detailed public reporting on how its modest expenses are allocated across program activities, administration, and fundraising, especially given the fluctuations in revenue and expenses over the years. The $0 revenue and assets in the latest filing warrant further investigation to understand the current state of the foundation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Waiakea High School Foundation with a Mission Score of 75 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: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Waiakea High School Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% of expenses across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size.

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 Waiakea High School Foundation's IRS 990 filings:

Latest filing shows $0 revenue and $0 assets, raising questions about current operational status or reporting accuracy.
Significant fluctuation in annual revenue and expenses without clear explanations in the provided summary.

Strengths

The following positive indicators were identified for Waiakea High School Foundation:

Consistent reporting of 0% officer compensation, indicating volunteer leadership.
Zero liabilities reported across all filings, demonstrating strong financial solvency.
Stable asset base (around $80,000-$85,000) providing a financial cushion.
Consistent IRS 990 filing history, indicating compliance and transparency.

Frequently Asked Questions about Waiakea High School Foundation

What caused the $0 revenue and assets in the latest filing period?

The provided data shows the latest filing period with $0 revenue and $0 assets. This could indicate a reporting error, a period of inactivity, or a change in the foundation's operational status that warrants further investigation beyond the provided summary.

How does the foundation utilize its assets to support Waiakea High School?

While the foundation consistently holds assets around $80,000, the specific mechanisms or programs through which these assets generate support for the high school are not detailed in the provided financial summary. Further program descriptions would be needed.

What was the nature of the unusually high expenses ($60,482) in 2012?

The expenses in 2012 were significantly higher than other years ($60,482 vs. an average of ~$4,000-$7,000). Without detailed expense breakdowns from the 2012 filing, it's unclear if this was a one-time capital expenditure, a major program initiative, or an anomaly.

Filing History

IRS 990 filing history for Waiakea High School Foundation showing financial trends over 6 years of public records:

Over 6 years of IRS 990 filings (2012–2017), Waiakea High School Foundation's revenue has declined by 8.2%, moving from $6K to $5K. Total assets increased by 14.3% over the same period, from $73K to $84K. Total functional expenses fell by 89.2%, from $60K to $7K. In its most recent filing year (2017), Waiakea High School Foundation reported a deficit of $1K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2017	$5K	$7K	$84K	$0	—	—
2016	$5K	$4K	$85K	$0	—	View 990
2015	$3K	$1K	$83K	$0	—	View 990
2014	$5K	$7K	$81K	$0	—	View 990
2013	$17K	$6K	$84K	$0	—	View 990
2012	$6K	$60K	$73K	$0	—	View 990

Year-by-Year Financial Summary

2017: Revenue of $5K, expenses of $7K, and assets of $84K (revenue -0.6% year-over-year).
2016: Revenue of $5K, expenses of $4K, and assets of $85K (revenue +79.0% year-over-year).
2015: Revenue of $3K, expenses of $1K, and assets of $83K (revenue -39.2% year-over-year).
2014: Revenue of $5K, expenses of $7K, and assets of $81K (revenue -71.2% year-over-year).
2013: Revenue of $17K, expenses of $6K, and assets of $84K (revenue +194.0% year-over-year).
2012: Revenue of $6K, expenses of $60K, and assets of $73K.

Data Sources and Methodology

This transparency report for Waiakea High School 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.