Overview
What is Hawaiian Railway Society?
The Hawaiian Railway Society is a dedicated nonprofit organization that aims to enlighten the public about Hawaii's rich railroad history while simultaneously working on restoring the railroad infrastructure. Their endeavors in 2019 reached over 34,829 individuals, making a significant impact. The Society is currently engaged in restoring W.A.Co.6, a significant part of the railroad's past. Furthermore, they ensure the maintenance and repair of numerous miles of track and related equipment, ensuring the preservation of this historical mode of transportation.
Official website here: www.hawaiianrailway.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement)
The Hawaiian Railway Society has received a two-star rating from Charity Navigator, indicating that it needs improvement in certain areas. While the organization excels with a perfect score of 100% in accountability and finance, it has notable gaps, particularly in transparency and documentation. The high percentage of independent board members suggests strong governance, yet the absence of key policies such as a whistleblower policy and document retention and destruction protocols reflects areas that require attention.
Financially, the organization demonstrates a favorable liabilities to assets ratio of 0.31% and a solid program expense ratio of 69.09%, indicating that it allocates a significant portion of its budget toward its mission-related activities. However, the lack of financial statements and the failure to post tax forms on its website raise concerns about its overall transparency and accessibility to stakeholders.
In summary, while Hawaiian Railway Society shows strengths in governance and program expenses, it must address its shortcomings in policy implementation and financial reporting to build greater trust and credibility with supporters and the public.
This AI summary has been generated from information found on Charity Navigator.
Is Hawaiian Railway Society legitimate?
Hawaiian Railway Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hawaiian Railway Society submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
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Other Salaries and Wages: $173,128
For more financial information, click here
Official website here: www.hawaiianrailway.org
What is the mission statement of Hawaiian Railway Society?
The Hawaiian Railway Society's mission is centered around educating the public and preserving the railroad. Through various initiatives, they aim to share the history of Hawaii's railroads, with over 34,829 individuals being educated in 2019 alone. Moreover, the society is actively involved in restoring the W.A.Co.6 and maintaining or repairing miles of track and equipment, ensuring the continued existence of the railroad.
Official website here: www.hawaiianrailway.org
Who is the CEO of Hawaiian Railway Society?
Robert Yatchmenoff is the Director of Hawaiian Railway Society.
Official website here: www.hawaiianrailway.org
What is the revenue of Hawaiian Railway Society?
Hawaiian Railway Society's revenue in 2022 was $465,202.
Official website here: www.hawaiianrailway.org
Who are the executives of Hawaiian Railway Society and what are their salaries?
The average compensation at Hawaiian Railway Society during 2022 was $15,739. There are 11 employees and 11 volunteers at Hawaiian Railway Society.
Here are 10 key members and their salaries:
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Official website here: www.hawaiianrailway.org
Where can I find the form 990 for Hawaiian Railway Society?
Hawaiian Railway Society's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hawaiianrailway.org
Learn more at the official website: www.hawaiianrailway.org
Mission Statement of Hawaiian Railway Society
The Hawaiian Railway Society, an organization dedicated to public education and railroad restoration, fulfills its mission by educating the public about Hawaii's railroad history and working on restoring the railroad infrastructure. In 2019 alone, over 34,829 individuals were enlightened about the rich railroad heritage of Hawaii through the Society's efforts. Beyond education, the Society is actively engaged in restoring the W.A.Co.6, an ongoing project that showcases their commitment to preserving the past. Additionally, the Society undertakes the maintenance and repair of various miles of track and railroad equipment, ensuring that the essence of Hawaii's railroad legacy endures.
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Impact
July, 2024
The Hawaiian Railway Society's impact lies in educating the public about the history of Hawaii's railroads and in actively restoring the railroad through various efforts. In 2019 alone, more than 34,829 individuals were enlightened about Hawaii's railroad heritage thanks to the society's educational initiatives. Additionally, the ongoing restoration project of W.A.Co.6 signifies the society's commitment to preserving this vital piece of Hawaii's history. By continuously maintaining and repairing miles of track and equipment, the Hawaiian Railway Society is not only preserving the past but also ensuring that future generations can appreciate and learn from the legacy of Hawaii's railroads.
This information is meant to be a general summary of Hawaiian Railway Society. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $31,321
- Program Service Revenue: $400,791
- Gross Receipts: $520,469
Assets and Liabilities:
- Total Assets: $1,629,466
- Total Liabilities: $4,913
- Net Assets: $1,624,553
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Organization Details
Founding Year
1970
Phone
(808) 681-5461Principal Officer
Robert Yatchmenoff
Main Address
PO BOX 60369, EWA BEACH, HI, 96706
Website
www.hawaiianrailway.orgNTEE Category
Code: A500 - Arts
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