Overview
What is Hawaii Restaurant Association Educational Foundation?
The Hawaii Restaurant Association Educational Foundation (HRAEF) is a dedicated nonprofit organization with a primary goal of boosting the restaurant and foodservice sectors. They achieve this mission through various means, including education, community involvement, and promoting career opportunities within these industries. By doing so, HRAEF aims to contribute positively to this vital sector and foster its growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60%, Two-Star out of Four Star rating.
The Hawaii Restaurant Association Educational Foundation has received a moderate score of 60%, which indicates areas of concern regarding accountability and financial management. Notably, the organization has scored particularly well in program expenses, achieving a 100% program expense ratio, suggesting that all of its expenditures are directed towards its mission. However, it lacks independent board members, and its governance policies are insufficient, leading to significant points lost in this area.
Further insights reveal that the foundation is missing essential documents such as a conflict of interest policy and a whistleblower policy, which could raise questions about its internal governance and oversight. Additionally, the absence of a website listed on the tax form and missing tax form postings on the nonprofit's website further detracts from its accountability profile. While the organization does hold board meeting minutes and has a favorable liability to assets ratio, the overall lack of transparency and governance practices is a significant limitation.
In summary, while the Hawaii Restaurant Association Educational Foundation directs its funds entirely towards its programs, the lack of independent oversight and missing governance policies may hinder its long-term effectiveness and trustworthiness. Potential donors and stakeholders may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Hawaii Restaurant Association Educational Foundation legitimate?
Hawaii Restaurant Association Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hawaii Restaurant Association Educational 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: $25,131
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Hawaii Restaurant Association Educational Foundation?
The Hawaii Restaurant Association Educational Foundation (HRAEF) is committed to enhancing the restaurant and foodservice industries. They achieve this mission by engaging in educational initiatives, fostering community involvement, and promoting career opportunities within these sectors. The organization's efforts are aimed at improving the overall industry, providing valuable resources and fostering growth.
Who is the CEO of Hawaii Restaurant Association Educational Foundation?
Nathan Okinaka is the Executive Director of Hawaii Restaurant Association Educational Foundation.
What is the revenue of Hawaii Restaurant Association Educational Foundation?
Hawaii Restaurant Association Educational Foundation's revenue in 2022 was $146,338.
Who are the executives of Hawaii Restaurant Association Educational Foundation and what are their salaries?
There 28 volunteers at Hawaii Restaurant Association Educational Foundation.
Here are 26 key members and their salaries:
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Where can I find the form 990 for Hawaii Restaurant Association Educational Foundation?
Hawaii Restaurant Association Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hawaii Restaurant Association Educational Foundation
The Hawaii Restaurant Association Educational Foundation (HRAEF) is dedicated to elevating the restaurant and foodservice industries. They achieve this mission by engaging in educational initiatives, fostering community involvement, and advocating for career opportunities within these sectors. By focusing on these areas, HRAEF aims to enrich and strengthen the restaurant and foodservice industries as a whole.
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Impact
October, 2024
The Hawaii Restaurant Association Educational Foundation (HRAEF) significantly influences the local restaurant and foodservice industries through its focus on education and community engagement. By providing resources, training, and career development opportunities, HRAEF enhances the skills and knowledge of individuals within these sectors, fostering a more competent and prepared workforce.
Through educational programs, HRAEF promotes a deeper understanding of industry standards and best practices, which not only benefits aspiring professionals but also contributes to the overall quality of service and innovation within Hawaii's vibrant food scene. By actively engaging with the community and promoting career opportunities, HRAEF helps to inspire the next generation of culinary talent, ensuring a sustainable future for the restaurant industry in the region. This holistic approach strengthens the local economy and enriches the cultural landscape of Hawaii’s foodservice community.
This information is meant to be a general summary of Hawaii Restaurant Association Educational 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.
- Program Service Revenue: $100
- Gross Receipts: $146,338
Assets and Liabilities:
- Total Assets: $255,838
- Total Liabilities: $0
- Net Assets: $255,838
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Organization Details
Founding Year
2016
Phone
(808) 650-2100Principal Officer
Nathan Okinaka
Main Address
2909 WAIALAE AVE, HONOLULU, HI, 968261833
NTEE Category
Code: B99 - Education
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