Overview
What is Grassroot Institute Of Hawaii Inc?
Grassroot Institute of Hawaii Inc is a nonprofit organization dedicated to conducting comprehensive public policy research and implementing initiatives. Their primary focus lies in addressing the persistent issue of high taxes on Hawaii's taxpayers. They stress the significance of appropriately assessing taxes to finance essential public services without discouraging individuals due to excessive government spending. The institute serves as a proactive force in Hawaii, advocating for responsible fiscal management and balanced taxation policies.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 66%)
The Grassroot Institute of Hawaii Inc has received a two-star rating from Charity Navigator, indicating it requires improvement in certain areas. While the organization maintains a strong governance framework with full marks for independent board members, conflict of interest and whistleblower policies, its overall score reflects room for enhancement in financial practices.
A notable strength of the organization is its accountability measures, including a low liabilities to assets ratio of 5.29%, showing sound financial health. However, the program expense ratio stands at 62.43%, suggesting that a significant portion of its budget may not be directed towards its core mission-related activities, which could be a concern for potential donors.
In summary, while the Grassroot Institute of Hawaii demonstrates strong governance practices, its financial efficiency and program expense allocation may need to be scrutinized further. Prospective supporters should consider these factors when evaluating the organization's impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Grassroot Institute Of Hawaii Inc legitimate?
Grassroot Institute Of Hawaii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grassroot Institute Of Hawaii 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: $176,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $428,983
For more financial information, click here
What is the mission statement of Grassroot Institute Of Hawaii Inc?
The Grassroot Institute of Hawaii is dedicated to conducting public policy research and organizing initiatives. Their primary mission is to tackle the ongoing issue of higher taxes on the state's taxpayers. They advocate for the importance of tax assessment, ensuring it funds necessary public services without discouraging individuals due to excessive government spending.
Who is the CEO of Grassroot Institute Of Hawaii Inc?
William K Akina is the Chair of Grassroot Institute Of Hawaii Inc. The CEO's salary of Grassroot Institute Of Hawaii Inc is $152,840 and their total compensation is $176,000.
What is the revenue of Grassroot Institute Of Hawaii Inc?
Grassroot Institute Of Hawaii Inc's revenue in 2022 was $1,753,378.
Who are the executives of Grassroot Institute Of Hawaii Inc and what are their salaries?
The average compensation at Grassroot Institute Of Hawaii Inc during 2022 was $75,623. There are 8 employees at Grassroot Institute Of Hawaii Inc.
Here are 7 key members and their salaries (Grassroot Institute Of Hawaii Inc's CEO's salary is $152,840 and their total compensation is $176,000):
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- Related: $0
- Other: $0
- Compensation: $152,840
- Related: $0
- Other: $23,160
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Grassroot Institute Of Hawaii Inc?
Grassroot Institute Of Hawaii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Grassroot Institute Of Hawaii Inc
Grassroot Institute of Hawaii is a nonprofit organization dedicated to conducting public policy research and initiating efforts aimed at addressing the persistent issue of higher taxes on Hawaii's taxpayers. The institution's primary mission is to emphasize the significance of evaluating taxes in a manner that supports the funding of essential public services, without inadvertently discouraging individuals due to excessive government spending. By engaging in comprehensive research and advocating for thoughtful taxation, Grassroot Institute of Hawaii seeks to foster an environment that encourages growth and prosperity within the Hawaiian community.
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Impact
July, 2024
The Grassroot Institute of Hawaii has made a significant impact in the state by conducting public policy research and organizing initiatives to address the constant threat of higher taxes on Hawaii taxpayers. Their work emphasizes the importance of assessing taxes to pay for public services without discouraging people with excessive government spending. Through their efforts, they have contributed to shaping policies that promote fiscal responsibility and protect the interests of Hawaii taxpayers.
This information is meant to be a general summary of Grassroot Institute Of Hawaii 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20,990
- Program Service Revenue: $480
- Gross Receipts: $1,858,656
Assets and Liabilities:
- Total Assets: $780,448
- Total Liabilities: $41,289
- Net Assets: $739,159
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROG.SERV.REVENUE-RELA
Revenue
$480
Organization Details
Founding Year
2001
Phone
(808) 591-9193Principal Officer
William K Akina
Main Address
1050 BISHOP ST 508, HONOLULU, HI, 96813
NTEE Category
Code: W05 - Public benefit
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