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Education Incubator

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

EIN: 815155325 ✦ Honolulu, HI ✦ Designated as a 501(c)(3)

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Overview

What is Education Incubator?

Education Incubator, located in Honolulu, Hawaii, is a nonprofit organization that promotes social emotional learning and living practices inspired by the values of Hawaii and the teachings of ALOHA. They offer opportunities for youth, families, and educators, focusing on enhancing wellbeing and stability. Additionally, they provide professional development support to organizations that offer youth and family programming, offering services such as co-designing programs, workshops, and consulting. Their mission is to empower individuals to live with passion and purpose, contributing to a better world, through place-based, culturally-grounded workshops, programs, and professional development.


Official website here: www.eduincubator.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)

Education Incubator has received an 81% rating from Charity Navigator, reflecting a strong performance in the Accountability & Finance category. This rating is significant as it indicates the organization's commitment to maintaining transparency and responsible financial practices. The score is derived entirely from a single beacon focused on accountability, showcasing a solid foundation in governance and fiscal management.

The organization boasts a fully independent board of directors, which is a strength that is noteworthy, as it ensures diverse perspectives and reduces conflicts of interest. Key policies such as conflict of interest, whistleblower, and document retention are in place and well-documented, further highlighting their dedication to ethical management practices. Additionally, the organization shows a commendable program expense ratio of over 80%, indicating that a significant portion of its resources is directed towards its educational initiatives.

However, the rating is predominantly based on financial metrics without a detailed assessment of programmatic impact or outcomes. While the accountability aspects are robust, potential donors and stakeholders may seek additional information regarding the effectiveness and reach of the programs offered by Education Incubator. Overall, the organization demonstrates a sound financial footing and ethical governance, which are essential for sustaining its mission in the education sector.


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

Is Education Incubator legitimate?

Education Incubator is a legitimate nonprofit organization registered as a 501(c)(3) entity. Education Incubator 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: $57,930
Professional Fundraising Fees: $0
Other Salaries and Wages: $78,000

For more financial information, click here


Official website here: www.eduincubator.org

What is the mission statement of Education Incubator?

The mission of Education Incubator is to inspire individuals to live with passion and purpose, contributing to a better world. The organization achieves this by implementing social innovation and entrepreneurship programs for youth, as well as providing professional development for educators and organizations. Using place-based and culturally-grounded workshops and programs, Education Incubator aims to promote innovative approaches to education and entrepreneurship, ultimately fostering a thriving global community.


Official website here: www.eduincubator.org

Who is the CEO of Education Incubator?

Miki Tomita is the Executive Director of Education Incubator.


Official website here: www.eduincubator.org

What is the revenue of Education Incubator?

Education Incubator's revenue in 2022 was $564,965.


Official website here: www.eduincubator.org

Who are the executives of Education Incubator and what are their salaries?

There 10 volunteers at Education Incubator.


Here are 5 key members and their salaries:


Miki Tomita (Executive Director)
  • Compensation: $55,000
  • Related: $0
  • Other: $0
Herb Lee (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Matsuda (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keoni Lee (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Dote (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.eduincubator.org

Where can I find the form 990 for Education Incubator?

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


Official website here: www.eduincubator.org

Learn more at the official website: www.eduincubator.org

Mission Statement of Education Incubator

Education Incubator, as an organization, is dedicated to inspiring individuals to lead fulfilling lives while contributing to a better world. They achieve this mission through a variety of initiatives. By focusing on social innovation and entrepreneurship, the nonprofit provides opportunities for youth and the broader community. Additionally, Education Incubator offers professional development programs for educators and organizations, aiming to instill a sense of purpose and innovation in their approach to education and entrepreneurship. The organization's approach is place-based and culturally grounded, ensuring that their programs are tailored to the unique needs and contexts of the communities they serve. In essence, Education Incubator empowers individuals and organizations to embrace their passions and make a meaningful impact in their local and global communities.

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Impact




July, 2024

Education Incubator empowers individuals to live with passion and purpose in service of a better world through its place-based, culturally-grounded workshops, programs, and professional development services. Foundations of Aloha, a flagship program offered by Education Incubator, provides cohorts of youth, families, and educators with daily opportunities to build social-emotional learning skills and living practices rooted in the values of Hawaii and the teachings of ALOHA. By offering opportunities for learning and practice that support wellbeing and stability for Hawaii's youth and families, as well as providing professional development support to organizations that offer youth and family programming, Education Incubator is making a positive impact on individuals and communities in Honolulu and beyond.




This information is meant to be a general summary of Education Incubator. 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
$910,061 (2022)
Expenses
$750,930 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $594
  • Program Service Revenue: $145,600
  • Gross Receipts: $564,965

Assets and Liabilities:

  • Total Assets: $684,200
  • Total Liabilities: $18,691
  • Net Assets: $665,509

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Programs

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

Program Service Fees

Revenue

$145,600

Organization Details

Founding Year

2015

Principal Officer

Miki Tomita

Main Address

PO Box 11693, Honolulu, HI, 96828

NTEE Category

Code: B05 - Education

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