Kona Aerial Gymnastic Team Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
KONA AERIAL GYMNASTICS IS BUILT AROUND THE GOAL OF ENRICHING AND IMPROVING YOUNG LIVES THROUGH THE SPORT OF RECREATIONAL AND COMPETITIVE GYMNASTICS.
- Income
- $238,104
- Spending
- $239,288
- Spent on programs
- 92%
- Reserves
- 1.9 months of spending
- Largest source of income
- government grants, 63%
- Employees
- 0
- Volunteers
- 64
- Highest pay
- $3,000, ceotreasurerdirector
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 64 out of 100. Higher than 30% of charities in its peer group (recreation and sports, under $250k).
Reserves
10 of 35Spendable reserves would cover 1.9 months of spending.
Debt
16 of 20It owes 16% of what it owns.
Living within its means
8 of 15Spending exceeded income by 0% of income.
Income trend
15 of 15Income rose 12% on the year before.
Spending floor
15 of 1592% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 41 out of 100. Higher than 23% of charities in its peer group (recreation and sports, under $250k).
Independent board
25 of 254 of 5 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $33,700 spent. WE TRAVELED TO THE MAINLAND FOR THE BRESTYAN INVITATIONAL AND GREAT DESTINATIONS INVITATIONAL COMPETITIONS. WE SPONSORED 17 ATHLETES AND COVERED ALL OF THEIR TRAVEL AND INCIDENTAL EXPENSES. THE GIRLS COMPETED WELL AND HAD GREAT EXPERIENCES.
- $22,259 spent. ON NOVEMBER 15-17, WE HOSTED THE 2024 HAWAII STATE GYMNASTICS CHAMPIONSHIP. THIS CHAMPIONSHIP PROVIDED A PROFESSIONAL, SAFE ENVIRONMENT FOR 180 ATHLETES. THERE WERE TEAMS FROM ALL AROUND THE ISLANDS, INCLUDING OAHU, KAUAI, HAWAII AND MAUI. THIS WAS A THREE-DAY EVENT WHICH INCLUDED OVER 350 IN THE AUDIENCE AND 12 JUDGES FROM AROUND THE ISLANDS. ALL ATHLETES WERE GIVEN GIFTS, T-SHIRTS, TROPHIES AND MEDALS AND INCLUDED EVERY PARTICIPANT IN EVERY AGE GROUP. WE HAD 64 VOLUNTEERS TO HELP RUN THIS EVENT. THEY ALSO RECEIVED A VOLUNTEER T-SHIRT. WE PROVIDED TRANSPORTATION, HOUSING AND MEALS FOR ALL JUDGES AND OFFICIATES OF THE EVENT. OUR ATHLETES EXCELLED, TAKING ALL-AROUND TROPHIES AS WELL AS INDIVIDUAL EVENTS IN ALL THEIR AGE GROUPS. OUR GIRLS ALSO WON THEIR AGE DIVISIONS. WE PROVIDED A SAFE, FUN, SUCCESSFUL AND PRODUCTIVE STATE MEET FOR ALL INVOLVED.
- $18,900 spent. EACH YEAR WE PARTICIPATE IN TWO INTERNATIONAL COMPETITIONS. THESE COMPETITIONS ARE HELD ON OAHU ON CONSECUTIVE WEEKENDS. THE FIRST IS GYMNASTICS IN PARADISE. THIS MEET HOSTS APPROXIMATELY 600 ATHLETES FROM AROUND THE WORLD. IT IS VERY COMMON FOR AUSTRALIA, JAPAN, FINLAND, CANADA, ENGLAND AND OTHER INTERNATIONAL TEAMS TO BE REPRESENTED ALONG WITH MANY MAINLAND TEAMS. THE FOLLOWING WEEKEND IS THE ALOHA GYM FEST. THIS COMPETITION HAS BEEN RUNNING FOR APPROXIMATELY 49 YEARS NOW AND THIS YEAR ACCOMMODATED APPROXIMATELY 800 ATHLETES FROM AROUND THE WORLD. IN ATTENDANCE WERE JAPAN, CANADA, NEW ZEALAND, AUSTRALIA AND MANY OTHER TEAMS FROM THE MAINLAND TO NAME A FEW. THE WEALTH OF EXPERIENCE THAT THESE COMPETITIONS BROUGHT TO OUR GIRLS FROM THIS LITTLE CLUB ON THE BIG ISLAND IS INVALUABLE. WE BROUGHT 15 GIRLS TO THIS COMPETITION FULLY FUNDED. BOTH OUTER ISLAND AND MAINLAND MEETS ARE VERY EXPENSIVE WITH AIRFARES, GROUND TRAVEL EXPENSES, MEET FEES AND MEALS FOR NOT JUST THE ATHLETES AND THEIR FAMILIES AS WELL.
- $145,890 spent. OTHER PROGRAM SERVICES
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1998.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.