Overview
What is Ho'Okako'O Corporation?
Ho'Okako'O Corporation is a nonprofit organization situated in Honolulu, Hawaii, specifically at 1360 S BERETANIA STREET 204. Its primary mission is to offer leadership, accountability, and direct support to high-quality charter schools, aiming to revolutionize and enhance public education. This transformation aims to improve the academic and personal growth of students and contribute positively to their Native Hawaiian communities. The organization provides comprehensive school support services, including personnel, management, and leadership development, to Waimea Middle School, Kualapu'u Elementary School, and Kamaile Academy. In exchange, the organization receives a fee for its services. With a workforce of seven individuals, Ho'Okako'O Corporation strives to foster an environment that promotes academic success and community involvement.
Official website here: www.hookakoo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star rating
Ho'Okako'O Corporation has earned an 88% score, indicating a solid performance in Accountability & Finance, crucial metrics for evaluating nonprofit organizations. The charity's strong governance is highlighted by a fully independent board and robust oversight measures, showcasing a commitment to transparency and responsible management of resources.
The organization excels in financial efficiency, with a remarkably high program expense ratio of 95.47%, meaning most of its funding supports its mission-related activities. Additionally, it maintains an excellent fundraising efficiency ratio, indicating that it effectively utilizes donations to further its objectives without incurring excessive fundraising costs.
However, there are some areas for improvement, notably its working capital ratio, which stands at 0.26 years, suggesting potential liquidity challenges. While the overall financial health appears stable, addressing this aspect may enhance the charity's sustainability and capacity to respond to unforeseen expenses or opportunities in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Ho'Okako'O Corporation legitimate?
Ho'Okako'O Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ho'Okako'O Corporation 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: $130,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $399,606
For more financial information, click here
Official website here: www.hookakoo.org
What is the mission statement of Ho'Okako'O Corporation?
Ho'Okako'O Corporation's mission is to offer leadership, accountability, and direct support to high-quality charter schools, aiming to reinvent and transform public education. This transformation is with the purpose of enhancing the academic and personal growth of students and contributing positively to their Native Hawaiian communities. The organization provides various personnel, management, and leadership development services to ensure the smooth operation of schools such as Waimea Middle School, Kualapu'u Elementary School, and Kamaile Academy, for which they charge a fee for their comprehensive school support services.
Official website here: www.hookakoo.org
Who is the CEO of Ho'Okako'O Corporation?
David Y Gibson is the Chair of Ho'Okako'O Corporation.
Official website here: www.hookakoo.org
What is the revenue of Ho'Okako'O Corporation?
Ho'Okako'O Corporation's revenue in 2022 was $4,631,591.
Official website here: www.hookakoo.org
Who are the executives of Ho'Okako'O Corporation and what are their salaries?
The average compensation at Ho'Okako'O Corporation during 2022 was $75,772. There are 7 employees at Ho'Okako'O Corporation.
Here are 7 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $130,800
- Related: $0
- Other: $11,048
Official website here: www.hookakoo.org
Where can I find the form 990 for Ho'Okako'O Corporation?
Ho'Okako'O Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hookakoo.org
Learn more at the official website: www.hookakoo.org
Mission Statement of Ho'Okako'O Corporation
Ho'Okako'O Corporation, a nonprofit organization, is committed to playing a pivotal role in the enhancement of public education. Their mission is twofold: firstly, they aim to provide leadership and accountability to high-quality charter schools. This involves guiding these schools in their reinvention and transformation of the traditional educational system. The ultimate goal is to improve the academic and personal growth of students. Secondly, Ho'Okako'O Corporation seeks to encourage the contribution of these schools to their Native Hawaiian communities. By offering various personnel, management, and leadership development services, they assist schools like Waimea Middle School, Kualapu'u Elementary School, and Kamaile Academy in their operations. In exchange, Ho'Okako'O Corporation charges a fee for these comprehensive school support services.
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Impact
July, 2024
Ho'Okako'O Corporation's impact is felt through its dedication to providing leadership, accountability, and direct support to high-quality charter schools in the reinvention and transformation of public education. By offering comprehensive school support services to Waimea Middle School, Kualapu'u Elementary School, and Kamaile Academy, the organization plays a crucial role in improving the academic and personal growth of students, as well as enhancing the contribution of schools to their native Hawaiian communities. Through its efforts, Ho'Okako'O Corporation is actively working towards creating a more vibrant and effective educational system that benefits both students and the wider community.
This information is meant to be a general summary of Ho'Okako'O Corporation. 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: $748
- Program Service Revenue: $719,155
- Gross Receipts: $4,631,591
Assets and Liabilities:
- Total Assets: $1,567,414
- Total Liabilities: $394,360
- Net Assets: $1,173,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CENTRALIZED SCHOOL SUP
Revenue
$719,155
Organization Details
Founding Year
2002
Phone
(808) 983-3830Principal Officer
David Y Gibson
Main Address
1360 S BERETANIA STREET 204, HONOLULU, HI, 96814
Website
www.hookakoo.orgNTEE Category
Code: B29 - Education
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