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Nakoa Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270856575 ✦ Kailua kona, HI ✦ Designated as a 501(c)(3)

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Overview

What is Nakoa Foundation?

The Nakoa Foundation is a nonprofit organization situated in Kailua Kona, Hawaii. Their primary mission revolves around child mentoring, utilizing the traditional Hawaiian sailing canoe as a teaching tool. This unique approach encourages a curiosity for learning, fosters wise decision-making, and nurtures self-reliance, sustainability, and the development of competent Hawaiian leaders. The foundation's objective is to instill a profound sense of connection to their environment and culture.


Official website here: www.napea.info/nakoa-foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)

The Nakoa Foundation has achieved an 83% score, earning a Three-Star rating from Charity Navigator. This score reflects strong performance in the Accountability & Finance category, which received a perfect score of 100%. Key strengths include a fully independent board, no material diversion of assets, and a 100% program expense ratio, indicating that all funds are directed toward its programs.

However, the foundation does have some limitations in its governance practices. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which are important for transparency and accountability. While the presence of board meeting minutes is reported, the absence of these policies indicates areas where the organization could enhance its governance framework.

Overall, the Nakoa Foundation demonstrates a solid commitment to financial responsibility and effective program delivery, but it may benefit from improving its governance policies to bolster trust and accountability among its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Nakoa Foundation legitimate?

Nakoa Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nakoa 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,650

For more financial information, click here


Official website here: www.napea.info/nakoa-foundation

What is the mission statement of Nakoa Foundation?

The Nakoa Foundation's mission is centered around promoting child mentoring. They achieve this by drawing inspiration from the Hawaiian sailing canoe, guiding children's curiosity from the forest to the ocean. This process fosters good decision making, encourages self-reliance, and instills a sense of sustainability. The foundation aims to develop competent leaders, ultimately promoting a love for knowledge and responsible decision making.


Official website here: www.napea.info/nakoa-foundation

Who is the CEO of Nakoa Foundation?

Heather Nahaku Kalei is the Director of Nakoa Foundation.


Official website here: www.napea.info/nakoa-foundation

What is the revenue of Nakoa Foundation?

Nakoa Foundation's revenue in 2022 was $3,910.


Official website here: www.napea.info/nakoa-foundation

Who are the executives of Nakoa Foundation and what are their salaries?


Here are 9 key members and their salaries:


Abel Aquino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Fergerstrom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kalei Haleamau-Kam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shari Jumalon (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Nahaku Kalei (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darin Kam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaimi Kaupiko (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlene Mersburgh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Mersburgh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.napea.info/nakoa-foundation

Where can I find the form 990 for Nakoa Foundation?

Nakoa Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.napea.info/nakoa-foundation

Learn more at the official website: www.napea.info/nakoa-foundation

Mission Statement of Nakoa Foundation

The Nakoa Foundation, a nonprofit organization, is dedicated to promoting child mentoring. They achieve this mission by drawing inspiration from the Hawaiian sailing canoe, guiding children from the forest to the ocean. This journey serves as a metaphor for fostering a thirst for knowledge and instilling values such as good decision-making, self-reliance, sustainability, and the development of competent Hawaiian leaders. The foundation's primary focus is to cultivate a sense of place and responsibility within the children it serves.

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Impact




August, 2024

The Nakoa Foundation's impact lies in promoting child mentoring through the exploration of the Hawaiian sailing canoe, fostering a love for learning, encouraging positive decision-making, self-reliance, and the development of capable Hawaiian leaders. By creating a strong sense of place and instilling values of sustainability, Nakoa Foundation is shaping the future generation in Kailua Kona, HI. Its focus on cultural knowledge and practical skills equips children with the tools they need to succeed and make a difference in their community.




This information is meant to be a general summary of Nakoa 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.

Revenue
$3,910 (2022)
Expenses
$34,192 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $3,910

Assets and Liabilities:

  • Total Assets: $71,019
  • Total Liabilities: $0
  • Net Assets: $71,019

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Organization Details

Founding Year

2008

Principal Officer

Heather Nahaku Kalei

Main Address

PO BOX 4887, KAILUA KONA, HI, 96740

NTEE Category

Code: A23 - Arts

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