Overview
What is Kina'Ole Foundation?
The Kina'Ole Foundation, situated in Honolulu, Hawaii, is a nonprofit organization dedicated to uplifting Native Hawaiians, both those residing on the islands and those living elsewhere. Its primary objective is to foster stronger cultural bonds and contribute to a socio-economically unified community. The foundation focuses on educating and promoting economic development among the people of Hawaii and veterans, playing a significant role in their advancement. As a steward, the Kina'Ole Foundation aims to make a positive impact with a small yet committed workforce of one individual.
Official website here: www.kinaolefoundation.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 26%
The Kina'Ole Foundation has received a poor rating of 26%, which translates to a Zero-Star out of Four Stars designation. This low score highlights significant concerns in the areas of accountability and finance, with a particularly troubling program expense ratio of only 18.11%. This suggests that a minimal portion of the organization's budget is allocated to its programs, raising questions about its operational effectiveness and impact.
While the foundation boasts a fully independent board with 66% of its members being independent, it falls short in other critical areas. The board size lacks independent members, and there are no financial statements available for review. Furthermore, the absence of both a whistleblower policy and document retention policies indicates potential governance weaknesses that could affect transparency.
Despite some positive aspects, such as having a conflict of interest policy and the documentation of board meeting minutes, the overall financial and accountability issues present significant limitations. These deficiencies could hinder the organization's reputation and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Kina'Ole Foundation legitimate?
Kina'Ole Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kina'Ole Foundation 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: $43,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,956
For more financial information, click here
Official website here: www.kinaolefoundation.org/
What is the mission statement of Kina'Ole Foundation?
The Kina'Ole Foundation's mission is centered around educating, advancing, and promoting economic development for the people of Hawaii and veterans. The organization strives to strengthen the cultural ties of Native Hawaiians, both on the islands and those living abroad, with the aim of fostering a positive socio-economic unity. Additionally, the foundation serves as a steward to assist in achieving this goal.
Official website here: www.kinaolefoundation.org/
Who is the CEO of Kina'Ole Foundation?
Shail Jondhale is the Chairman of Kina'Ole Foundation.
Official website here: www.kinaolefoundation.org/
What is the revenue of Kina'Ole Foundation?
Kina'Ole Foundation's revenue in 2022 was $1,303,392.
Official website here: www.kinaolefoundation.org/
Who are the executives of Kina'Ole Foundation and what are their salaries?
The average compensation at Kina'Ole Foundation during 2022 was $52,706. There is 1 employee at Kina'Ole Foundation.
Here are 3 key members and their salaries:
- Compensation: $43,750
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.kinaolefoundation.org/
Where can I find the form 990 for Kina'Ole Foundation?
Kina'Ole Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kinaolefoundation.org/
Learn more at the official website: www.kinaolefoundation.org/
Mission Statement of Kina'Ole Foundation
The Kina'Ole Foundation, with a mission deeply rooted in its name, strives to educate, advance, and promote the economic development of the people of Hawaii and veterans. This nonprofit organization is committed to supporting the native Hawaiians living on the islands, as well as those who have relocated, by strengthening their cultural ties and fostering a sense of unity. The Kina'Ole Foundation acts as a steward, working towards a positive socio-economic outcome for its community. By focusing on the economic development of its people, the foundation aims to uplift the lives of Hawaiians and veterans, contributing to a prosperous and harmonious society.
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Impact
October, 2024
Kina'Ole Foundation significantly impacts the community by focusing on education and economic development for the people of Hawaii, especially Native Hawaiians. Through various initiatives, it strengthens cultural ties among those living both on the islands and those who have left, fostering a sense of unity and belonging. By promoting stewardship and socioeconomic opportunities, the foundation plays a vital role in enhancing the overall well-being of the community. Its mission to educate and advance individuals contributes to a more cohesive and resilient society, ultimately benefiting the local economy and cultural heritage.
This information is meant to be a general summary of Kina'Ole Foundation. 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: $1,432,992
- Program Service Revenue: $325
- Gross Receipts: $1,663,801
Assets and Liabilities:
- Total Assets: $2,350,195
- Total Liabilities: $1,114,596
- Net Assets: $1,235,599
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Organization Details
Founding Year
2007
Phone
(210) 383-3215Principal Officer
Shail Jondhale
Main Address
55 MERCHANT STREET SUITE 1820, HONOLULU, HI, 96813
Website
www.kinaolefoundation.org/NTEE Category
Code: S31 - Community improvement
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