Overview
What is Hilo High School Foundation?
The Hilo High School Foundation is a dedicated nonprofit organization situated in Hilo, Hawaii, at 101 Aupuni Street 139. Its primary mission is to support activities that directly benefit students at Hilo High School. This support is provided through grants, which are meticulously evaluated based on applications submitted by teachers or school administrators. The school principal first scrutinizes these applications, followed by a review and voting process conducted by the Foundation's board. The approved grants are then financially disbursed to Hilo High School. Essentially, the Hilo High School Foundation acts as a financial aid provider for activities that are not funded by the State of Hawaii, aiming to enhance the educational experiences of the school's students.
Official website here: www.hilohighfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The Hilo High School Foundation has received a Three-Star rating from Charity Navigator, indicating a fair level of performance in accountability and finance. The overall score is based entirely on a single beacon score, which suggests that while the organization does have certain strengths, there may be areas needing improvement. The high ratio of independent board members and a strong program expense ratio reflect a commitment to transparency and effective use of resources.
Strengths of the foundation include a 100% independent board, which ensures decisions are made without conflicts of interest, and a favorable liabilities to assets ratio of 1.22%. Furthermore, the foundation has a high program expense ratio of 73.70%, indicating that a significant portion of its expenditures goes directly to its programs rather than administrative costs. These factors contribute positively to the foundation's financial accountability.
However, the foundation lacks essential policies such as a conflict of interest policy and a whistleblower policy, which are important for governance and protection of stakeholders. The absence of these policies may raise concerns regarding the organization's overall governance framework. Addressing these gaps could enhance the foundation's rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Hilo High School Foundation legitimate?
Hilo High School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hilo High School 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.
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Official website here: www.hilohighfoundation.org
What is the mission statement of Hilo High School Foundation?
The Hilo High School Foundation's mission is centered around providing financial aid for activities that are not funded by the state of Hawaii. This organization aims to enhance the experiences of Hilo High School students by helping to fund various beneficial activities. Grant applications from teachers or administrators of Hilo High School are considered, with the principal initially screening them and subsequently, the Foundation Board reviewing and voting on their approval. All approved funds are directly paid to Hilo High School.
Official website here: www.hilohighfoundation.org
Who is the CEO of Hilo High School Foundation?
Allan Ikawa is the President/Director of Hilo High School Foundation.
Official website here: www.hilohighfoundation.org
What is the revenue of Hilo High School Foundation?
Hilo High School Foundation's revenue in 2022 was $66,371.
Official website here: www.hilohighfoundation.org
Who are the executives of Hilo High School Foundation and what are their salaries?
Here are 20 key members and their salaries:
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Official website here: www.hilohighfoundation.org
Where can I find the form 990 for Hilo High School Foundation?
Hilo High School Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hilohighfoundation.org
Learn more at the official website: www.hilohighfoundation.org
Mission Statement of Hilo High School Foundation
The Hilo High School Foundation is dedicated to aiding Hilo High School in funding activities that are not covered by the state of Hawaii. This nonprofit organization's mission is to support various activities that benefit the students of Hilo High School. They accomplish this by reviewing grant applications submitted by teachers or administrators from the school. The principal of Hilo High School initially screens these applications, and then the Foundation Board assesses and votes on the merits of each proposal. Once approved, the funds are paid directly to Hilo High School. In essence, the Hilo High School Foundation serves as a crucial source of financial assistance, enabling the school to provide enriching experiences for its students.
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Impact
August, 2024
Hilo High School Foundation's impact is evident in its provision of financial aid to Hilo High School for activities not funded by the state of Hawaii. By offering support to activities that directly benefit students at Hilo High School, the Foundation plays a vital role in enhancing the educational experience and opportunities available to the school's students. Through a rigorous process of evaluating grant applications from teachers and administrators, followed by approval and disbursement of funds, the Foundation ensures that the resources reach where they are most needed. Overall, the Foundation's mission to fund various activities that benefit the students of Hilo High School significantly contributes to enriching their academic, extracurricular, and overall educational experience.
This information is meant to be a general summary of Hilo High School 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: $23,678
- Gross Receipts: $66,871
Assets and Liabilities:
- Total Assets: $922,813
- Total Liabilities: $11,265
- Net Assets: $911,548
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Organization Details
Founding Year
1989
Phone
(808) 935-5404Principal Officer
Allan Ikawa
Main Address
101 AUPUNI STREET 139, HILO, HI, 96720
Website
www.hilohighfoundation.orgNTEE Category
Code: Z99Z - Unknown
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