Overview
What is Hualalai Ohana Foundation?
Hualalai Ohana Foundation is a nonprofit organization located in Kailuakona, Hawaii. Its primary mission is to support the educational and medical needs of the employees and their families within the Hualalai community. In 2022, they provided 83 scholarships for pre-K to 12th grade students, 50 scholarships for higher education, and 44 coursework/tutoring awards. Their educational programs include the Keiki Literacy and Learning Program, which distributes books each month to children of Hualalai Resort workforce, and the Honor Roll, recognizing and awarding Hualalai children in grades 6-12. They also offer the Work for College Match, awarding students for summer employment earnings with a cash match, and Academic Merit Awards for recognizing student academic achievement. Additionally, they provide Little Passports educational subscription kits and Technology for Education awards to support remote learning needs post-pandemic. The foundation aims to cover medical expenses beyond insurance and support the community's employees, their spouses, and children with educational scholarships for preschool to college, tutoring, and work training.
Official website here: www.hualalaiohanafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
The Hualalai Ohana Foundation has achieved an impressive overall score of 98%, reflecting its strong commitment to accountability and financial health. With financial metrics indicating a program expense ratio of 84.63%, the organization allocates a significant portion of its funds directly to programs, demonstrating effective use of resources. Additionally, it boasts a perfect score in impact evaluation and feedback practices, highlighting its dedication to measuring and improving its impact.
The foundation benefits from a fully independent board of 13 members, enhancing its governance and decision-making processes. It maintains strong policies regarding conflicts of interest, whistleblower protections, and document management, which collectively contribute to its transparency and ethical operations. The absence of material diversion of assets further reinforces the organization's reliability and integrity.
While the data does not indicate specific challenges faced by the foundation, its high scores across various metrics suggest a well-managed and effective nonprofit. Overall, the Hualalai Ohana Foundation exemplifies a strong model for accountability and community impact, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Hualalai Ohana Foundation legitimate?
Hualalai Ohana Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hualalai Ohana 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: $145,896
Professional Fundraising Fees: $0
Other Salaries and Wages: $104,682
For more financial information, click here
Official website here: www.hualalaiohanafoundation.org
What is the mission statement of Hualalai Ohana Foundation?
The Hualalai Ohana Foundation's primary mission is to provide educational scholarships and medical awards to the immediate families of employees within its community. Scholarships are offered for preschool through college, as well as tutoring and work training, while medical awards cover expenses beyond what is covered by insurance. In 2022, the foundation awarded 83 scholarships for pre-K through 12th grade, 50 scholarships for higher education, and 44 coursework/tutoring awards. Additionally, educational programs include the Keiki Literacy and Learning Program, which distributes books to children of the Hualalai Resort workforce, as well as the Honor Roll, Work for College Match, Academic Merit Awards, and Little Passports, an educational subscription kit. Furthermore, the foundation provides technological support for families' remote learning needs post-pandemic and in support of purchasing necessary devices such as laptops, computers, printers, and headsets.
Official website here: www.hualalaiohanafoundation.org
Who is the CEO of Hualalai Ohana Foundation?
Nico Verissimo is the Executive Director of Hualalai Ohana Foundation.
Official website here: www.hualalaiohanafoundation.org
What is the revenue of Hualalai Ohana Foundation?
Hualalai Ohana Foundation's revenue in 2022 was $1,269,672.
Official website here: www.hualalaiohanafoundation.org
Who are the executives of Hualalai Ohana Foundation and what are their salaries?
The average compensation at Hualalai Ohana Foundation during 2022 was $83,526. There are 3 employees and 20 volunteers at Hualalai Ohana Foundation.
Here are 14 key members and their salaries:
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- Compensation: $145,895
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- Other: $6,697
Official website here: www.hualalaiohanafoundation.org
Where can I find the form 990 for Hualalai Ohana Foundation?
Hualalai Ohana Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hualalaiohanafoundation.org
Learn more at the official website: www.hualalaiohanafoundation.org
Mission Statement of Hualalai Ohana Foundation
The Hualalai Ohana Foundation, in its mission, aims to provide educational scholarships and opportunities, as well as medical awards, to the immediate families of employees within the Hualalai community. This nonprofit organization extends its support to the employees themselves, their spouses, and their children. Scholarships are granted for preschool through college level education, while medical awards cover expenses that exceed medical insurance.
In the realm of education, the Hualalai Ohana Foundation offers a variety of awards and programs. In 2022, they distributed 83 scholarships for pre-K through 12th grade, 50 scholarships for higher education, and 44 coursework/tutoring awards. Their educational programs include the Keiki Literacy and Learning Program, which awards books to children of the Hualalai Resort workforce each month. The Honor Roll recognizes and rewards Hualalai children in grades 6-12, while the Work for College Match awards students for summer employment earnings with a cash match. Academic Merit Awards recognize student academic achievement, and Little Passports provide educational subscription kits featuring world geography and culture to recipients aged 6-12 years old. The Technology for Education awards also support the remote learning needs of families post-pandemic, as well as the purchasing of laptops, computers, printers, routers, or headsets.
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Impact
July, 2024
Hualalai Ohana Foundation's impact can be seen in the educational and medical support it provides to the immediate families of employees in the Hualalai community. Through a variety of programs and awards, the foundation has made a significant difference in the lives of individuals in need. In 2022 alone, the foundation awarded 83 scholarships for pre-K through 12th grade, 50 scholarships for higher education, and 44 coursework/tutoring awards. Additionally, educational programs such as the Keiki Literacy and Learning Program, Honor Roll recognition, Work for College Match, Academic Merit Awards, Little Passports, and Technology for Education have benefited numerous individuals in the community.
Furthermore, the foundation's mission to provide educational scholarships and medical awards has had a direct impact on easing the financial burden on families and ensuring access to essential resources beyond what medical insurance covers. By supporting education from preschool through college, including tutoring and work training opportunities, Hualalai Ohana Foundation is playing a vital role in empowering individuals in the Hualalai community to pursue their educational and career goals.
This information is meant to be a general summary of Hualalai Ohana 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$201,102
- Gross Receipts: $1,867,654
Assets and Liabilities:
- Total Assets: $6,459,747
- Total Liabilities: $133,738
- Net Assets: $6,326,009
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Organization Details
Founding Year
2002
Phone
(808) 325-4701Principal Officer
Nico Verissimo
Main Address
PO BOX 5227, KAILUAKONA, HI, 96745
NTEE Category
Code: B82 - Education
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