Friends of the Volcano School of Arts & Sciences is a 501(c)(3) organization based in Volcano, Hawaii, registered in 2000, with $727,728 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$728K
▲ 497.0% vs prior year
Education median: $200K
Expenses (FY2023)
$242K
Net assets
$2.2M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Friends of the Volcano School of Arts & Sciences— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Friends of the Volcano School of Arts & Sciences: 108 mo reserves · +67% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Friends of the Volcano School of Arts & Sciences— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Friends of the Volcano School of Arts & Sciences: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $24K (FY2009) to $728K (FY2023) across 13 reported years.
Financial snapshot
Operating margin
66.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.1M
Total liabilities
$2.0M
Net assets
$2.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $727,728▲497% | $241,560▲175% | $2,166,649▲28.9% | $4,127,577▲23.8% | 990 |
| 2022 | $121,896▲219% | $87,763▲25.9% | $1,680,502▲2.1% | $3,333,482▲32.9% | 990 |
| 2021 | $38,265▼92.7% | $69,715▲49.1% | $1,646,369▼1.9% | $2,508,359▲37.5% | 990 |
| 2020 | $525,529▲450% | $46,742▲2.8% | $1,677,819▲39.9% | $1,824,793▲36.5% | 990 |
| 2019 | $95,478▲231% | $45,459▼30.2% | $1,199,032▲4.4% | $1,336,378▲14.5% | 990 |
| 2018 | $28,876▼90.3% | $65,137▲130% | $1,149,013▼3.0% | $1,167,096▼1.5% | 990 |
| 2017 | $296,672▼41.8% | $28,319▼27.7% | $1,185,115▲29.3% | $1,185,275▲29.2% | 990 |
| 2016 | $509,894▲797% | $39,189▲19.3% | $916,762▲106% | $917,082▲58.6% | 990 |
| 2015 | $56,864▼24.8% | $32,844▲7.3% | $446,057▲5.7% | $578,057▲2.8% | 990 |
| 2014 | $75,614▲211% | $30,615▼5.3% | $422,037▲22.5% | $562,039▲14.0% | 990 |
| 2013 | $24,327 | $32,333▲0.3% | $344,538▼2.3% | $492,858▼1.6% | 990EZ |
| 2012 | — | $32,225▼1.5% | $352,825▲25.8% | $500,825▲74.0% | 990 |
| 2011 | $13,835▼43.3% | $32,717▲1.4% | $280,381▼11.7% | $287,802▼15.6% | 990EZ |
| 2009 | $24,402 | $32,263 | $317,656 | $340,976 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to Friends of the Volcano School of Arts & Sciences totaling $515K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Education | 2023 | $500,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $15,000 |
Explore more
Data for Friends of the Volcano School of Arts & Sciences (EIN 99-0347476) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.