Overview
What is Honolulu Marathon Association?
The Honolulu Marathon Association, situated in Honolulu, Hawaii, is a nonprofit organization that plays a significant role in organizing and promoting amateur sports competitions. Their primary mission involves planning and executing annual events such as the Honolulu Marathon, the Hapalua Half-Marathon, and various related races. This year, they are celebrating the 50th anniversary of the Honolulu Marathon, which ranks as the fourth largest marathon in the United States. The association provides opportunities for over 36,000 amateur athletes to participate in these events, contributing to the vibrancy of the sports community in Honolulu.
Official website here: www.honolulumarathon.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Honolulu Marathon Association has received a two-star rating from Charity Navigator, indicating a need for improvement in several key areas. The overall score is 66%, reflecting concerns primarily around governance and financial accountability. Notably, the organization lacks independent board members and transparency in financial reporting, which are critical components of effective nonprofit management.
Despite these weaknesses, the association demonstrates strengths in certain governance practices, such as having a conflict of interest policy and a whistleblower policy in place. Additionally, they have shown good management of assets with no reported material diversion and an acceptable liabilities to assets ratio. Their program expense ratio also indicates that a significant portion of their funds is directed towards their mission-related programs.
However, the lack of transparency in their financial statements and the absence of independent oversight pose significant risks to the organization's credibility. For potential donors and stakeholders, addressing these governance issues should be a priority for the Honolulu Marathon Association to enhance its accountability and overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Honolulu Marathon Association legitimate?
Honolulu Marathon Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Honolulu Marathon Association 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: $439,564
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.honolulumarathon.org
What is the mission statement of Honolulu Marathon Association?
The Honolulu Marathon Association's mission is centered around organizing and managing annual events, specifically the Honolulu Marathon and related races. Their primary objective is to foster amateur sports competition. By conducting these events, they aim to provide opportunities for over 36,000 amateur athletes to participate. This year, they are celebrating the 50th anniversary of the Honolulu Marathon, which ranks as the fourth largest marathon in the United States. The association's activities contribute to promoting athletic participation and competition among amateurs.
Official website here: www.honolulumarathon.org
Who is the CEO of Honolulu Marathon Association?
James S Barahal is the President/Di of Honolulu Marathon Association.
Official website here: www.honolulumarathon.org
What is the revenue of Honolulu Marathon Association?
Honolulu Marathon Association's revenue in 2023 was $5,923,934.
Official website here: www.honolulumarathon.org
Who are the executives of Honolulu Marathon Association and what are their salaries?
There 6000 volunteers at Honolulu Marathon Association.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $236,391
- Other: $1,284
- Compensation: $0
- Related: $61,425
- Other: $0
- Compensation: $0
- Related: $36,000
- Other: $1,025
- Compensation: $0
- Related: $36,000
- Other: $834
- Compensation: $0
- Related: $0
- Other: $512
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.honolulumarathon.org
Where can I find the form 990 for Honolulu Marathon Association?
Honolulu Marathon Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.honolulumarathon.org
Learn more at the official website: www.honolulumarathon.org
Mission Statement of Honolulu Marathon Association
The Honolulu Marathon Association's mission is centered around planning, implementing, and conducting the annual Honolulu Marathon and related races. Their primary objective is to foster amateur sports competition, encouraging participation from a substantial number of athletes. This year, the association celebrates a significant milestone with the 50th anniversary of the Honolulu Marathon, which ranks as the fourth largest marathon in the United States, following New York, Chicago, and Boston. The association organizes various races, including the Honolulu Marathon, the Hapalua (half-marathon), and the King's Runner 10K, providing an opportunity for over 36,000 amateur athletes to participate annually.
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Impact
July, 2024
The Honolulu Marathon Association's impact is significant in promoting amateur sports competition through the annual Honolulu Marathon and its related races. These events provide opportunities for over 36,000 amateur athletes to participate and challenge themselves in a competitive and rewarding environment. As the fourth largest marathon in the United States, the Honolulu Marathon has become a prominent event that draws participants from around the world. This year marks the 50th anniversary of the marathon, highlighting its enduring impact on the sports community.
This information is meant to be a general summary of Honolulu Marathon Association. 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 2023.
- Program Service Revenue: $5,826,247
- Gross Receipts: $5,923,934
Assets and Liabilities:
- Total Assets: $457,316
- Total Liabilities: $0
- Net Assets: $457,316
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RACE ENTRY & EVENT FEE
Revenue
$4,538,417
CORPORATE RACE SUPPORT
Revenue
$1,227,857
T-SHIRT SALES
Revenue
$27,180
ROYALTIES
Revenue
$21,429
PHOTO SALES
Revenue
$10,464
Organization Details
Founding Year
1975
Phone
(808) 734-7200Principal Officer
James S Barahal
Main Address
3435 WAIALAE AVENUE 208, HONOLULU, HI, 96816
Website
www.honolulumarathon.orgNTEE Category
Code: N70 - Recreation
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