KONA SHUTTLE CLUB INC

EIN: 263216465

Los Angeles, CA

Total Revenue
$14,845,607
Total Expenses
$14,626,504
Total Assets
$8,055,146
Net Assets
$602,332
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
CA
Principal Officer
Kenneth Ambrose
Phone
6024037469
Tax Period
2025-01-01 to 2025-12-31

KONA SHUTTLE CLUB INC, founded in 2007, is a mid-sized nonprofit that reported $14.8M in total revenue in fiscal year 2025.

Mission

NONE

Program Service Accomplishments

Program 1

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...

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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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $14,538,050
Investment Income $307,557
Other Revenue $0
TOTAL REVENUE $14,845,607

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $14,626,504
TOTAL EXPENSES $14,626,504

Year-over-Year Comparison

2025 2024 Change
Revenue $14,845,607 $14,478,657 +0.0%
Expenses $14,626,504 $14,016,727 +0.0%
Net Income $219,103 $461,930 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kenneth Ambrose President 1.00
Officer Director
$0 $0 $0
L William Krause Vice President 1.00
Officer Director
$0 $0 $0
Christopher Lenzo Secretary 1.00
Officer Director
$0 $0 $0
Kevin M Allen Treasurer 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $14,845,607 $14,626,504 $8,055,146 $219,103
2024 $14,478,657 $14,016,727 $7,768,085 $461,930
2023 $12,942,253 $13,589,880 $6,922,722 $-647,627
2022 $11,808,656 $14,257,366 $7,212,189 $-2,448,710
2020 $12,043,604 $11,127,848 $10,798,204 $915,756
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