Kona Shuttle Club Inc

Nonprofit profile at a glance

EIN
263216465
IRS 990 coverage
2020–2025
Forms available
Form 990 2025
Location
Los Angeles, CA, USA
Phone
6024037469
Rating
83
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$14,845,607
Expenses
$14,626,504
Assets
$8,055,146
Liabilities
$7,452,814

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Kenneth Ambrose (President)
  • L William Krause (Vice President)

People named in this filing

  • Kenneth Ambrose (President)
  • L William Krause (Vice President)
  • Christopher Lenzo (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Kona shuttle club, inc is a social flying club that enables its members, their families and guests to socialize, mingle and share commonalities among one another while providing jet service between the members common communities

What it reported doing in 2025

The mission of kona shuttle club, inc. Is to enable its members, their family members, and guests to enjoy direct jet service between oakland international airport and kona international airport. The club is a private equity membership club. The maximum number of equity memberships permitted to be issued in the club is 150. All of the members are also members of one of three resort communities on the big island (kukio, hualalai and mauna lani), and are generally from the same geographic area in California. As such, they are business colleagues and social acquaintances. There is an active board, made up of members of the club, who help negotiate service contracts, set dues levels, and make other operating decisions for the club members. The club plane is configured with 68 first-class seats, which provides the opportunity for the members to mingle socialize and discuss commonalities. Equity members are required to pay dues, fees and charges associated with the equity membership. Dues shall, insofar as possible, be calculated to meet the annual operating costs of the club. A special assessment, in addition to dues, may be neccesary to cover any operating deficits.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 100
  • Accountability: 64
  • Sustainability: 30
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.2%; rating input score 96
  • Program expense ratio: 99.6%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 1.5%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.55; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.93; rating input score 5; 5th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings

Growth

  • Program expense growth: 8.9% per year; rating input score 100; 62nd percentile among comparable filings
  • Revenue growth: 4.8% per year; rating input score 100; 39th percentile among comparable filings
  • Asset growth: -6.3% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 96.2% of revenue deployed · 99.6% of spending went to programs
  • Governance: 3 of 3 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Highest-paid contractors: 1 contractor listed · $272K reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 5 of 6 not reported.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 5/100.