Overview
What is Kohola Foundation?
The Kohola Foundation, located in Honolulu, Hawaii, is a nonprofit organization with a mission to support educational and employment training opportunities and services. The foundation's primary focus lies in industries related to ocean and marine sciences, with a special emphasis on benefiting economically disadvantaged and socially disenfranchised individuals, particularly Native Hawaiians and Native Hawaiian descendants, as defined by Title 13, Chapter 1, Part 124.8(A), Subpart A8(A) CFR (13CFR124). At present, the foundation is developing a vocational program. The Kohola Foundation aims to support programs and institutions that provide training and services, contributing to their community and promoting economic growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 13%
The Kohola Foundation has received a low score of 13% from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This rating reflects significant concerns regarding the organization's accountability and financial practices. With no independent board members and multiple missing policies, the foundation has not met essential transparency and governance standards that are typically expected from nonprofits.
Strengths noted in the evaluation include that there has been no material diversion of assets, indicating that funds have been utilized as intended. However, the lack of an independent board and the absence of key governance documents raise serious questions about the organization's operational integrity and oversight.
Additionally, the foundation has shown a concerning program expense ratio of 0.00%, suggesting that funds may not be allocated effectively towards its mission. Overall, the significant deficiencies in governance practices and financial accountability highlight the need for improvement in the Kohola Foundation's operations.
This AI summary has been generated from information found on Charity Navigator.
Is Kohola Foundation legitimate?
Kohola Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kohola 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Kohola Foundation?
The Kohola Foundation's mission is geared towards supporting programs and institutions that offer educational and employment training opportunities and services, with a focus on industries related to ocean and marine sciences. The foundation aims to benefit economically disadvantaged and socially disenfranchised individuals, including Native Hawaiians and Native Hawaiian descendants, as defined by Title 13, Chapter 1, Part 124.8(A), Subpart A8(A) CFR (13CFR124). The primary objective is to empower these communities and provide them with the skills necessary to excel in these sectors, thereby enhancing their socio-economic status.
Who is the CEO of Kohola Foundation?
Joseph Pickard is the President/Tr of Kohola Foundation.
What is the revenue of Kohola Foundation?
Kohola Foundation's revenue in 2022 was $100.
Who are the executives of Kohola Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Kohola Foundation?
Kohola Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kohola Foundation
The Kohola Foundation, a non-profit organization, is dedicated to supporting educational and employment training opportunities and services, with a particular focus on industries that center around ocean and marine sciences. The foundation emphasizes its efforts towards benefiting economically disadvantaged and socially disenfranchised individuals, including Native Hawaiians and Native Hawaiian descendants, as defined by Title 13, Chapter 1, Part 124.8(A), Subpart A8(A) CFR (13CFR124).
In essence, the Kohola Foundation strives to empower underprivileged communities by providing them with access to valuable educational resources and employment training within the realm of ocean and marine sciences. By doing so, the foundation aims to create opportunities for personal and professional growth, ultimately fostering self-sufficiency and economic development among its beneficiaries. The organization's commitment to inclusivity is evident in its focus on Native Hawaiians and their descendants, ensuring that these communities are not left behind in the pursuit of advancement in ocean and marine sciences.
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Impact
June, 2024
Kohola Foundation's impact is centered around supporting programs and institutions that provide educational and employment training opportunities and services, with a specific focus on industries related to ocean and marine sciences. This support is directed towards economically disadvantaged and socially disenfranchised individuals, including Native Hawaiians and their descendants. By doing so, the foundation aims to uplift and empower these communities by offering them access to valuable education and job training in industries that align with their cultural and environmental heritage.
This information is meant to be a general summary of Kohola 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.
- Gross Receipts: $100
Assets and Liabilities:
- Total Assets: $195,206
- Total Liabilities: $0
- Net Assets: $195,206
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Organization Details
Founding Year
2020
Phone
(808) 864-7008Principal Officer
Joseph Pickard
Main Address
1286 QUEEN EMMA ST, HONOLULU, HI, 96813
NTEE Category
Code: C60 - Environment
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