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Epic Foundation

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

EIN: 510514555 ✦ Honolulu, HI ✦ Designated as a 501(c)(3)

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Overview

What is Epic Foundation?

Epic Foundation, located at 2535 S KING STREET, HONOLULU, HI 96826, is a nonprofit organization dedicated to providing surrogate parent services for eligible students under the Department of Education. Their mission and activities encompass advocacy, educational, and enrichment program services. With a team of 31 dedicated individuals, they strive to support these students in various capacities. Their work is centered around promoting a conducive learning environment and empowering the students to reach their full potential.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (64%, Two-Star out of Four Star rating)

Epic Foundation has received a rating indicating that it needs improvement, with an overall score of 64%. The organization shows strong governance as evidenced by having 100% independent board members and a solid conflict of interest policy in place. Moreover, they maintain a high program expense ratio of 87.40%, demonstrating a commitment to using the majority of their resources for programmatic activities.

However, there are significant areas of concern that impact their rating. The organization has not provided financial statements, resulting in a score of zero for that category, which is critical for transparency. Additionally, their website is not listed on their tax form, and the tax documents are not posted on their website, which raises questions regarding accessibility of information for stakeholders.

While Epic Foundation clearly excels in governance and programmatic spending, the lack of financial transparency and documentation could hinder trust among potential donors and supporters. Improving these aspects would be essential for enhancing their overall rating and fostering greater confidence in their operations.


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

Is Epic Foundation legitimate?

Epic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Epic 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: $74,482
Professional Fundraising Fees: $0
Other Salaries and Wages: $297,520

For more financial information, click here

What is the mission statement of Epic Foundation?

The Epic Foundation is committed to providing advocacy, educational, and enrichment program services. Their mission, as stated, is to offer surrogate parent services for eligible students under the Department of Education. This involves advocating for the needs of these students, providing educational resources, and enriching their experiences to ensure they receive the best possible support.

Who is the CEO of Epic Foundation?

Kathie Ann Awaya is the Secretary of Epic Foundation.

What is the revenue of Epic Foundation?

Epic Foundation's revenue in 2022 was $801,082.

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

The average compensation at Epic Foundation during 2022 was $12,000. There are 31 employees at Epic Foundation.


Here are 7 key members and their salaries:


Gayle Komiyama (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Chang (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margie Higa Funai (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elva Higashi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trena Yamada (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Chung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathie Ann Awaya (Executive Di)
  • Compensation: $74,482
  • Related: $0
  • Other: $0
Where can I find the form 990 for Epic Foundation?

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

Mission Statement of Epic Foundation

Epic Foundation, a nonprofit organization, is dedicated to its mission of advocacy, educational, and enrichment program services. In simpler terms, this mission entails providing surrogate parent services to eligible students under the Department of Education. The primary goal of Epic Foundation is to support these students in various capacities, ensuring they receive the care and assistance they need to thrive. This mission is a testament to Epic Foundation's commitment to making a positive impact in the lives of its beneficiaries.

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Impact




July, 2024

Epic Foundation's impact can be seen through the provision of surrogate parent services to eligible students of the Department of Education in Honolulu, Hawaii. By offering advocacy, educational, and enrichment program services, Epic Foundation plays a crucial role in supporting and empowering students to succeed in their academic endeavors. This organization's dedication to education is evident in its mission to ensure that students receive the necessary support and resources to thrive in their educational journeys.




This information is meant to be a general summary of Epic 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
$801,082 (2022)
Expenses
$727,833 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $484,442
  • Gross Receipts: $801,576

Assets and Liabilities:

  • Total Assets: $57,465
  • Total Liabilities: $20,028
  • Net Assets: $37,437

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUTORING

Revenue

$379,080

SURROGATE SERVICES

Revenue

$79,767

ART CLASSES

Revenue

$25,595

Organization Details

Founding Year

2004

Principal Officer

Kathie Ann Awaya

Main Address

2535 S KING STREET 304, HONOLULU, HI, 96826

NTEE Category

Code: B90 - Education

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