Overview
What is Lahaina Restoration Foundation?
Lahaina Restoration Foundation is a nonprofit organization situated in Lahaina, Hawaii, specifically at 120 DICKENSON ST. Established with a mission to preserve and honor the physical, historical, and cultural legacies of Lahaina, this organization plays a vital role in safeguarding the heritage of the former capital of the Kingdom of Hawaii. The foundation cooperates with various community-oriented interests and works towards restoring and maintaining the area's past, contributing to its rich history. With a dedicated workforce of 22 individuals, the Lahaina Restoration Foundation is committed to preserving the glory of the Hawaiian monarchy era.
Official website here: www.lahainarestoration.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (66%, Two-Star out of Four Star Rating)
The Lahaina Restoration Foundation has received a Two-Star rating from Charity Navigator, indicating that there are areas of concern regarding its financial accountability and transparency. While the organization excels in having a fully independent board and strong oversight measures like an audit committee, it falls short in essential governance policies such as having a whistleblower policy and a document retention policy in place. This lack of critical policies reflects potential vulnerabilities in organizational governance.
In terms of financial health, the foundation shows a strong liabilities to assets ratio of 0.22%, suggesting it manages its debt effectively. However, its program expense ratio is only 52.19%, which raises questions about the proportion of funds directed towards its mission-driven programs versus administrative costs. This lower score may indicate a need for improvement in prioritizing program expenditures.
Overall, while the Lahaina Restoration Foundation demonstrates a solid commitment to governance structure and fiscal responsibility, the absence of essential policies and lower program expense ratio highlight areas for improvement. Addressing these issues could enhance its rating and overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lahaina Restoration Foundation?
100% of 6 reviewers on Facebook recommend the Lahaina Restoration Foundation. Here is a summary of their reviews:
The organization is praised for its exceptional event coordination and dedication to preserving the history of Lahaina. Reviewers appreciate their active role in the community, highlighting their commitment to building new community structures alongside historical restoration.
Overall, the consensus reflects a strong belief that the Lahaina Restoration Foundation effectively delivers on its mission and serves as a vital resource for local historical research.
This AI summary has been generated from reviews found on Facebook.
Is Lahaina Restoration Foundation legitimate?
Lahaina Restoration Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lahaina Restoration 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: $4,904
Other Salaries and Wages: $736,853
For more financial information, click here
Official website here: www.lahainarestoration.org
What is the mission statement of Lahaina Restoration Foundation?
The Lahaina Restoration Foundation's mission is centered around preserving and protecting the physical, historical, and cultural legacies of Lahaina. This organization aims to honor the era of the Hawaiian monarchy by restoring and maintaining the town's physical and cultural heritage and history. The foundation collaborates with various community-oriented interests to achieve this goal.
Official website here: www.lahainarestoration.org
Who is the CEO of Lahaina Restoration Foundation?
David Allaire is the President of Lahaina Restoration Foundation.
Official website here: www.lahainarestoration.org
What is the revenue of Lahaina Restoration Foundation?
Lahaina Restoration Foundation's revenue in 2022 was $1,898,850.
Official website here: www.lahainarestoration.org
Who are the executives of Lahaina Restoration Foundation and what are their salaries?
The average compensation at Lahaina Restoration Foundation during 2022 was $33,493. There are 22 employees and 35 volunteers at Lahaina Restoration Foundation.
Here are 22 key members and their salaries:
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Official website here: www.lahainarestoration.org
Where can I find the form 990 for Lahaina Restoration Foundation?
Lahaina Restoration Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lahainarestoration.org
Learn more at the official website: www.lahainarestoration.org
Mission Statement of Lahaina Restoration Foundation
The Lahaina Restoration Foundation is dedicated to preserving and protecting the physical, historical, and cultural legacies of Lahaina, honoring the era of the Hawaiian monarchy. This nonprofit organization collaborates with various community-oriented interests to restore, maintain, and preserve the physical and cultural heritage and history of Lahaina, which was once the capital of the Kingdom of Hawaii. By undertaking these initiatives, the Lahaina Restoration Foundation aims to safeguard the rich legacy and history of this significant location.
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Impact
July, 2024
Lahaina Restoration Foundation's impact can be seen in its efforts to restore, preserve, and protect the physical, historical, and cultural legacies of Lahaina and honor the era of the Hawaiian monarchy. By collaborating with various community-oriented interests, the foundation works to maintain and safeguard the physical and cultural heritage of the first capital of the Kingdom of Hawaii. Their dedication to preserving the rich history and traditions of Lahaina contributes significantly to the appreciation and understanding of Hawaiian heritage.
This information is meant to be a general summary of Lahaina Restoration 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: -$30,128
- Program Service Revenue: $1,104,170
- Gross Receipts: $4,168,226
Assets and Liabilities:
- Total Assets: $20,579,726
- Total Liabilities: $47,203
- Net Assets: $20,532,523
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$897,213
MUSEUM TOURS
Revenue
$100,812
CAM/REIMBURSEMENTS/RESERVE
Revenue
$53,327
COMMUNITY EVENTS
Revenue
$52,818
Organization Details
Founding Year
1962
Phone
(808) 661-3262Principal Officer
David Allaire
Main Address
120 DICKENSON ST, LAHAINA, HI, 96761
Website
www.lahainarestoration.orgNTEE Category
Code: A54Z - Arts
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