Overview
What is Friends Of The Waikiki Aquarium?
Friends of the Waikiki Aquarium is a nonprofit organization dedicated to establishing, managing, and maintaining an aquarium, oceanography center, and marine biological laboratory for educational purposes. Its mission is to inspire and promote understanding, appreciation, and conservation of Pacific marine life. The organization operates in Hawaii and the tropical Pacific region, providing educational and entertaining experiences, conducting research, and offering various programs related to aquatic sciences. They engage in research areas concerning the ocean, aquatic life, ocean pollution, and other aquatic-related matters, as well as providing educational programs to the general public. Friends of the Waikiki Aquarium collaborates with various departments of the State of Hawaii and the University of Hawaii, offering opportunities for apprenticeships, research, teaching, and collection of aquatic organisms. They solicit and receive donations to fund their capital programs and invest those funds wisely to further their objectives.
Official website here: www.fowaqurium.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning it a Two-Star out of Four Star rating.
Friends of the Waikiki Aquarium holds a moderate rating on Charity Navigator, reflecting solid accountability and finance practices, particularly with a full score on board independence and governance policies. However, its program expense ratio is notably lower, indicating that a smaller portion of its budget is directed toward its programs compared to what might be expected in the nonprofit sector.
The organization demonstrates strengths in having a majority of independent board members and effective policies in place for conflict of interest and whistleblower protection. These factors contribute positively to its governance and transparency profile, which is vital for building donor trust and engagement.
Nonetheless, the low program expense ratio suggests that the organization may need to focus more on its core mission activities or improve expense management to enhance its impact. This could be a potential area for growth as they strive to better align financial resources with their programmatic goals.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Waikiki Aquarium legitimate?
Friends Of The Waikiki Aquarium is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Waikiki Aquarium 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: $33,508
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fowaqurium.org
What is the mission statement of Friends Of The Waikiki Aquarium?
The Friends of the Waikiki Aquarium (FOWA) is dedicated to inspiring understanding, appreciation, and conservation of Pacific marine life. Their mission is to help people of all ages connect with the ocean through excellent educational and entertaining experiences, research, and conservation. FOWA's objectives range from establishing and managing an aquarium, oceanography, and marine biological laboratory for educational purposes to engaging in research related to the ocean, aquatic life, and related matters. They provide educational programs to the public and offer scholarships and research grants. Additionally, they facilitate cooperation among organizations, scientists, and the general public, and offer regular programs on aquatic sciences to public and private schools. FOWA's activities include the operation of educational facilities, the provision of research and teaching space, the collection and maintenance of aquatic organisms, and the act as an informational resource. They solicit and receive donations to fund their capital programs.
Official website here: www.fowaqurium.org
Who is the CEO of Friends Of The Waikiki Aquarium?
Bryan Tepper is the Co-Chairperson of Friends Of The Waikiki Aquarium.
Official website here: www.fowaqurium.org
What is the revenue of Friends Of The Waikiki Aquarium?
Friends Of The Waikiki Aquarium's revenue in 2022 was $427,843.
Official website here: www.fowaqurium.org
Who are the executives of Friends Of The Waikiki Aquarium and what are their salaries?
There 30 volunteers at Friends Of The Waikiki Aquarium.
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Official website here: www.fowaqurium.org
Where can I find the form 990 for Friends Of The Waikiki Aquarium?
Friends Of The Waikiki Aquarium's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fowaqurium.org
Learn more at the official website: www.fowaqurium.org
Mission Statement of Friends Of The Waikiki Aquarium
Friends of The Waikiki Aquarium, a dedicated organization, strives to inspire and promote understanding, appreciation, and conservation of Pacific marine life. The corporation's mission is threefold: first, to establish, supervise, operate, maintain, and manage an aquarium, center for oceanography, and marine biological laboratory for educational purposes; second, to help people of all ages understand, love, care for, and work to protect the life of the ocean through a commitment to excellence in educational experiences, research, and conservation; and third, to engage in and support research in areas relating to the ocean, aquatic life, and matters concerning the use of ocean resources as energy resources, ocean pollution, and other aquatic-related matters.
Friends of The Waikiki Aquarium is organized to provide educational and entertaining experiences involving the oceans and their living systems, particularly as exemplified in Hawaii and the tropical Pacific region. The nonprofit designs, constructs, and maintains exhibits of living aquatic organisms and exhibits relating to the influence of the ocean on various aspects of human culture, especially Hawaiian culture. Through seminars, special programs, and classes, the organization facilitates cooperation among organizations operating aquaria and museums, people interested in the aquatic sciences and related fields, scientists in these fields, and the general public.
Additionally, Friends of The Waikikiki Aquarium provides educational programs to the general public on aquatic-related sciences and activities. They publish and distribute educational materials and utilize all modes of publication, including books, pamphlets, magazines, radio, and television production, for the provision of information of aquatic interest to various publics. The organization conducts research and teaching space on a cooperative basis to interested faculty members, undergraduate and graduate students of universities, and maintains and operates facilities for the collection, maintenance, and shipment of aquatic organisms for the provision to various departments of universities and aquaria throughout the world. They act as an informational resource for the general public, state agencies, and university students and faculty by maintaining a library and reference service in matters related to aquarium technology and the maintenance of aquatic animals in captivity. The corporation solicits and receives gifts and donations from individuals and organizations to accumulate funds for capital programs and expends principal or income or both in carrying out the purposes of the corporation.
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Impact
October, 2024
Friends Of The Waikiki Aquarium inspires and promotes understanding, appreciation, and conservation of Pacific marine life. Its efforts focus on educating individuals of all ages about the ocean, encouraging a love for marine ecosystems while fostering a commitment to their protection.
By establishing and operating an aquarium and marine biological lab, Friends Of The Waikiki Aquarium provides immersive educational experiences that connect visitors to the aquatic world, particularly emphasizing Hawaiian and tropical Pacific marine environments. The organization designs engaging exhibits that showcase living aquatic organisms and the intricate relationship between the ocean and human culture.
Research support is a key component of their impact, as they engage in and facilitate studies on various aspects of marine life, ocean pollution, and geology. Educational programs, seminars, and classes are offered to schools and the general public, enhancing aquatic science knowledge and inspiring actionable conservation efforts.
By collaborating with local institutions, including the University of Hawaii, Friends Of The Waikiki Aquarium cultivates apprenticeship opportunities and research collaborations, further uniting educational and scientific communities around ocean conservation. Their outreach extends to providing scholarships and research grants, fostering the next generation of marine scientists.
Overall, Friends Of The Waikiki Aquarium plays a vital role in educating the public, conducting research, and advocating for the preservation of the ocean, thus significantly impacting the well-being of marine life and the health of our planet.
This information is meant to be a general summary of Friends Of The Waikiki Aquarium. 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: $195,047
- Gross Receipts: $870,592
Assets and Liabilities:
- Total Assets: $4,122,920
- Total Liabilities: $163,370
- Net Assets: $3,959,550
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Organization Details
Founding Year
1995
Phone
(808) 923-9741Principal Officer
Bryan Tepper
Main Address
PO BOX 89573, HONOLULU, HI, 968305518
Website
www.fowaqurium.orgNTEE Category
Code: D11 - Animals
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