Charity Search / KANAKA IKAIKA RACING ASSOCIATION
Recreation & Sports (N67) 990 on File

KANAKA IKAIKA RACING ASSOCIATION

EIN: 32-0448321 · KAILUA, HI 96734-8998 · United States · FY 2025 Data
3 out of 5 45 / 100 Based on 2+ years of filings
Financial strength (30%) 65/100
Reliability (20%) 50/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$190K
Total Revenue
$175K
Total Expenses
$47K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 95.6%
Fundraising Efficiency N/A
Operating Reserve 3.24x
Liability-to-Asset 55.4%
Revenue Diversification 80.8%
Compared with Peers
FY 2025
Compared with 5,798 similar organizations (United States, Recreation & Sports, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
95.6% 95.2%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
3.2 mo 6.3 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
55.4% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
80.8% 89.4%
P10P90
Above median
Revenue growth
Year over year revenue growth
12.5% 6.1%
P10P90
Expense growth
Year over year expense growth
11.1% 7.6%
P10P90
Surplus margin
Surplus as a share of revenue
7.6% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $190K $175K $47K 95.6%
2024 $169K $158K $31K 94.8%
2023 $163K $175K $31K 81.1%
2022 $123K $89K $39K 75.8%
2021 $47K $36K N/A 1
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Organization Details
EIN
32-0448321
State
HI
City
KAILUA
ZIP
96734-8998
Classification
N67
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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