Overview
What is Hawaii Investment Ready?
Hawaii Investment Ready is a nonprofit program based in Kaneohe, Hawaii, situated at 44-527 A Kaneohe Bay Drive. Their primary goal is to provide education and capacity building for both social entrepreneurships and the organizations that support them, such as philanthropy, government, and the private sector. They achieve this through a cohort program, offering direct and virtual engagement, teaching, and business coaching to address social and environmental challenges in Hawaii. This program is available to both current cohort members and alumni, providing continuous support throughout the year.
Official website here: www.hiready.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Overall, Hawaii Investment Ready has received a two-star rating, with an overall score of 66%. This indicates that while the organization has demonstrated some positive aspects in its operations, there are significant areas for improvement, particularly in governance and financial transparency.
One of the organization's strengths is its high program expense ratio, which stands at 95.92%, suggesting that the majority of its expenditures are directed towards its programs rather than administrative costs. Additionally, Hawaii Investment Ready has established policies in place for conflict of interest, whistleblower protections, and document retention, which help in maintaining a level of accountability.
However, the organization faces notable challenges, particularly in board independence, with 0% of board members being independent. This lack of oversight may hinder effective governance. Furthermore, the absence of financial statements and the nonprofit's tax form on its website raises concerns about transparency and accountability, which are critical for donor trust and engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Hawaii Investment Ready legitimate?
Hawaii Investment Ready is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hawaii Investment Ready 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: $402,106
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hiready.net
What is the mission statement of Hawaii Investment Ready?
Hawaii Investment Ready's mission is centered around education and capacity building. It focuses on equipping both entrepreneurs and funders, including philanthropy, government, and the private sector, to collectively address social and environmental challenges. The organization provides this support through its Cohort Program, offering capacity building and technical assistance in a structured setting for social enterprises in Hawaii. Post-program, businesses receive ongoing business coaching. The goal is to foster a community committed to solving societal and environmental issues, thereby contributing to a more sustainable future.
Official website here: www.hiready.net
Who is the CEO of Hawaii Investment Ready?
Lisa Kleissner is the President of Hawaii Investment Ready. The CEO's salary of Hawaii Investment Ready is $158,500 and their total compensation is $158,500.
Official website here: www.hiready.net
What is the revenue of Hawaii Investment Ready?
Hawaii Investment Ready's revenue in 2022 was $1,054,408.
Official website here: www.hiready.net
Who are the executives of Hawaii Investment Ready and what are their salaries?
There 6 volunteers at Hawaii Investment Ready.
Here are 7 key members and their salaries (Hawaii Investment Ready's CEO's salary is $158,500 and their total compensation is $158,500):
- Compensation: $158,500
- Related: $0
- Other: $0
- Compensation: $75,708
- Related: $0
- Other: $0
- Compensation: $58,422
- Related: $0
- Other: $0
- Compensation: $56,647
- Related: $0
- Other: $0
- Compensation: $48,467
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hiready.net
Where can I find the form 990 for Hawaii Investment Ready?
Hawaii Investment Ready's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hiready.net
Learn more at the official website: www.hiready.net
Mission Statement of Hawaii Investment Ready
Hawaii Investment Ready is an organization dedicated to education and capacity building. Its mission is to equip both entrepreneurs and funders, including philanthropy, government, and the private sector, in addressing social and environmental challenges in Hawaii. By offering a cohort program, Hawaii Investment Ready provides capacity building and technical assistance through direct and virtual engagement and teaching. This program is designed for for-profit and nonprofit social enterprises working to solve social and environmental concerns in Hawaii. Additionally, Hawaii Investment Ready offers business coaching for cohort participants and program alumni post-program, ensuring continued support and development for these organizations. Overall, Hawaii Investment Ready aims to empower individuals and organizations working towards positive change in Hawaii, equipping them with the necessary skills and resources to effectively address social and environmental challenges.
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Impact
July, 2024
Hawaii Investment Ready's impact can be seen in its successful efforts to educate and empower social enterprises in Hawaii. Through their Cohort Program, they provide valuable capacity building and technical assistance to for-profit and nonprofit organizations dedicated to addressing social and environmental challenges. The program not only equips these organizations with the necessary skills and resources to succeed but also offers ongoing support through business coaching post-program. By bridging the gap between entrepreneurs and funders, Hawaii Investment Ready plays a crucial role in fostering sustainable solutions to pressing issues in Hawaii.
This information is meant to be a general summary of Hawaii Investment Ready. 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: $500
- Gross Receipts: $1,054,408
Assets and Liabilities:
- Total Assets: $811,781
- Total Liabilities: $149,900
- Net Assets: $661,881
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Organization Details
Founding Year
2017
Phone
(808) 342-1037Principal Officer
Lisa Kleissner
Main Address
44-527 A Kaneohe Bay Drive, Kaneohe, HI, 96744
Website
www.hiready.netNTEE Category
Code: B90 - Education
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