Overview
What is Bio Bamboo Inc?
Bio Bamboo Inc, based in Haiku, Hawaii, operates under the name Food Security Hawaii. This nonprofit organization is dedicated to fostering education and research into sustainable farming practices, aiming to feed Hawaii's isolated population and combat global warming. Their mission is to create soil and farming practices that will support food production for generations to come, not only on agricultural land but also in family gardens and orchards. In practice, Food Security Hawaii supports local households in growing food for their families and neighbors through a county-wide backyard garden initiative. This includes providing materials and support, setting up gardens, and offering classes. In 2022 alone, they established around 30 gardens and conducted several classes attended by up to 25 people. Furthermore, they have a booklet about food growth on the islands. Their ultimate goal is to ensure long-term food security, save money, and promote new skills, all while contributing to a more sustainable future for Hawaii.
Official website here: www.food security hawaii.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating on Charity Navigator.
Bio Bamboo Inc has earned a Three-Star rating, indicating a moderate level of financial accountability and transparency. The overall score is based solely on the Accountability & Finance beacon, where it scored 76%. This reflects a robust commitment to maintaining an independent board, with 100% of its members being independent and a favorable liabilities to assets ratio of 31.89%.
The organization demonstrates strong financial management, as evidenced by its high program expense ratio of 86.94%, suggesting that a significant portion of its expenditures goes directly toward its charitable programs. However, it faces challenges in areas regarding governance policies, as it lacks a conflict of interest policy, a whistleblower policy, and a document retention policy, which are important for enhancing organizational integrity and accountability.
Overall, while Bio Bamboo Inc shows strengths in independent governance and financial efficiency, addressing the noted governance policy gaps could improve its standing and operational transparency in the eyes of stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Bio Bamboo Inc legitimate?
Bio Bamboo Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bio Bamboo Inc 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: $3,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.food security hawaii.org
What is the mission statement of Bio Bamboo Inc?
The mission of Bio Bamboo Inc is to foster education and research into sustainable farming practices. Their primary goal is to provide food for isolated populations, while reducing global warming by carbon sequestration. They aim to create soils and farming practices that can support food production for generations to come, not just on agricultural land, but also in family gardens and orchards.
Official website here: www.food security hawaii.org
Who is the CEO of Bio Bamboo Inc?
Charlotte O'Brien is the President of Bio Bamboo Inc.
Official website here: www.food security hawaii.org
What is the revenue of Bio Bamboo Inc?
Bio Bamboo Inc's revenue in 2022 was $69,558.
Official website here: www.food security hawaii.org
Who are the executives of Bio Bamboo Inc and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.food security hawaii.org
Where can I find the form 990 for Bio Bamboo Inc?
Bio Bamboo Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.food security hawaii.org
Learn more at the official website: www.food security hawaii.org
Mission Statement of Bio Bamboo Inc
Bio Bamboo Inc, a non-profit organization, is dedicated to supporting and fostering education and research into the most sustainable farming practices. Their primary goal is to feed the isolated population of an unspecified island, while simultaneously addressing global warming by carbon sequestration. They aim to create soils and farming practices that will not only support food production for future generations but also be sustainable on both agricultural land and in family gardens and orchards. Bio Bamboo Inc's mission extends beyond feeding the community; they are committed to reducing global warming and ensuring that the farming practices they promote will be viable for generations to come.
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Impact
June, 2024
Bio Bamboo Inc's impact lies in its dedication to promoting sustainable farming practices to support the isolated population of the island. By focusing on education and research, the organization aims to reduce global warming through carbon sequestration while creating fertile soils for long-term food production. Through initiatives like Ohana Gardens, Bio Bamboo Inc provides materials and support for households to grow their own food, fostering food security, cost savings, and the development of new skills. In 2022, the organization set up approximately 30 gardens and conducted classes attended by up to 25 individuals, furthering its mission to create a sustainable food system for current and future generations.
This information is meant to be a general summary of Bio Bamboo Inc. 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.
- Gross Receipts: $69,558
Assets and Liabilities:
- Total Assets: $94,825
- Total Liabilities: $30,242
- Net Assets: $64,583
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Organization Details
Founding Year
2010
Phone
(808) 344-5339Principal Officer
Charlotte O'Brien
Main Address
PO BOX 886, HAIKU, HI, 96708
Website
www.food security hawaii.orgNTEE Category
Code: C35 - Environment
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