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Making Dreams Come Truevalley Of Rainbows Inc

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

EIN: 990349613 ✦ Waianae, HI ✦ Designated as a 501(c)(3)

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Overview

What is Making Dreams Come Truevalley Of Rainbows Inc?

Making Dreams Come Truevalley Of Rainbows Inc is a nonprofit organization dedicated to empowering individuals by helping them recognize their full potential and explore new possibilities. Through its activities, the organization aims to enrich lives and broaden horizons. One of their key initiatives is the Youth Leadership and Girls & Boys Conference, which welcomes 350 high school students from three local schools each year. Additionally, the organization provides monthly scholarships for young individuals aged 8 to 17, enabling them to participate in various programs.


Official website here: www.valleyofrainbows.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 74%, Two-Star out of Four Star rating.

Making Dreams Come True Valley Of Rainbows Inc has received a two-star rating from Charity Navigator, indicating a moderate level of accountability and financial health. While the organization demonstrates a strong program expense ratio of nearly 74%, which suggests effective allocation of funds towards its mission, it also shows some concerning governance issues, such as having no independent board members. Additionally, certain documentation, like board meeting minutes and tax forms on their website, is missing, which may raise transparency concerns.

User feedback from Great Nonprofits reflects a positive perception of the organization's initiatives, particularly the annual Youth Leadership Conference. A board member praised the event for its impact on local high school students, emphasizing its focus on higher education and career planning. The conference is noted for its ability to inspire youth and provide essential tools for their futures, showcasing the nonprofit's commitment to community engagement and educational support.

Despite the positive reviews, the lack of independent governance and missing documentation may limit the organization’s overall effectiveness and trustworthiness. Ongoing improvements in these areas could enhance their credibility and further their mission of supporting youth development.


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

Is Making Dreams Come Truevalley Of Rainbows Inc legitimate?

Making Dreams Come Truevalley Of Rainbows Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Making Dreams Come Truevalley Of Rainbows Inc 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: $34,492

For more financial information, click here


Official website here: www.valleyofrainbows.org

What is the mission statement of Making Dreams Come Truevalley Of Rainbows Inc?

Making Dreams Come Truevalley Of Rainbows Inc's mission is centered around supporting individuals in realizing their full potential, enhancing their lives, and exploring new possibilities. Through its initiatives, this organization encourages personal growth and discovery. One of its key activities is hosting a Youth Leadership and Conference for high school students, attracting 350 attendees from three local schools. Furthermore, the organization provides monthly scholarships to empower youth aged 8 to 17, enabling them to participate in its programs.


Official website here: www.valleyofrainbows.org

Who is the CEO of Making Dreams Come Truevalley Of Rainbows Inc?

Denice Keliikoa is the Principal Officer of Making Dreams Come Truevalley Of Rainbows Inc.


Official website here: www.valleyofrainbows.org

What is the revenue of Making Dreams Come Truevalley Of Rainbows Inc?

Making Dreams Come Truevalley Of Rainbows Inc's revenue in 2022 was $22,014.


Official website here: www.valleyofrainbows.org

Who are the executives of Making Dreams Come Truevalley Of Rainbows Inc and what are their salaries?

The average compensation at Making Dreams Come Truevalley Of Rainbows Inc during 2022 was $34,492. There is 1 employee and 10 volunteers at Making Dreams Come Truevalley Of Rainbows Inc.


Here are 6 key members and their salaries:


Merrie Aipoalani (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Naone (Treasurer & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Georgette Stevens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Shimabukuro-Lee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivian Aulani Ahmad (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Nishi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.valleyofrainbows.org

Where can I find the form 990 for Making Dreams Come Truevalley Of Rainbows Inc?

Making Dreams Come Truevalley Of Rainbows Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.valleyofrainbows.org

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

Mission Statement of Making Dreams Come Truevalley Of Rainbows Inc

Making Dreams Come Truevalley Of Rainbows Inc is an organization that strives to help individuals recognize their full potential, enrich their lives, and discover new possibilities. This nonprofit supports its mission by providing opportunities for personal growth and development. One of their main initiatives is a Youth Leadership and Girls & Boys Conference, which brings together 350 high school students from local schools. Through this event, these young individuals are given the chance to engage in workshops, seminars, and activities that foster leadership skills, self-discovery, and teamwork.

In addition to the conference, Making Dreams Come Truevalley Of Rainbows Inc offers monthly scholarships for youth between the ages of 8 and 17. These scholarships enable eligible children to participate in various programs offered by the organization. By providing these scholarships, Making Dreams Come Truevalley Of Rainbows Inc helps ensure that financial barriers do not prevent young individuals from accessing opportunities for personal growth and development. In this way, the nonprofit plays a vital role in supporting the full potential of its community's youth.

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Impact




August, 2024

Making Dreams Come Truevalley Of Rainbows Inc's impact is significant in supporting individuals to recognize their full potential, enrich their lives, and discover new possibilities. The organization plays a vital role in youth development by hosting events such as the Youth Leadership and Girls & Boys Conference, which brings together 350 high school students to engage in leadership activities. Additionally, their provision of monthly scholarships for youth aged 8-17 enables them to participate in various programs, further enhancing their personal growth and opportunities. Through these initiatives, Making Dreams Come Truevalley Of Rainbows Inc is making a tangible difference in empowering young individuals to thrive and succeed in Waianae, Hawaii.




This information is meant to be a general summary of Making Dreams Come Truevalley Of Rainbows Inc. 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
$22,014 (2022)
Expenses
$64,620 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14
  • Program Service Revenue: $22,000
  • Gross Receipts: $22,014

Assets and Liabilities:

  • Total Assets: $63,493
  • Total Liabilities: $1,027
  • Net Assets: $62,466

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Programs

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

YOUTH LEADERSHIP CONFERENCE

Revenue

$2,000

GIRLS CONFERENCE

Revenue

$10,000

BOYS CONFERENCE

Revenue

$10,000

Organization Details

Founding Year

2004

Principal Officer

Denice Keliikoa

Main Address

PO BOX 1009, WAIANAE, HI, 96792

NTEE Category

Code: O12 - Youth development

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