Ohana Institute Foundation
Nonprofit profile at a glance
- EIN
- 822232031
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Inlet Beach, FL, USA
- Phone
- 8502311140
- Rating
- 45
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $117,735
- Expenses
- $106,208
- Assets
- $7,008
- Liabilities
- $13,808
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
People named in this filing
- Elizabeth L Burgtorf (Director)
- Jane Solomon (Director)
- Julie Martin (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Ohana Institute Foundation (OIF) was formed in order to meet and exceed the financial needs that student tuition cannot cover. The OIF believes in the mission and vision of Ohana and as such, is motivated to commit their time and resources to funding Ohana in its educational and growth pursuits. These efforts include funding new student programs, travel experiences, scholarships and specialty personnel costs. Additionally, the OIF intends to provide funding support for a new facility with the build-out of a state-of-the-art learning environment.
What it reported doing in 2024
The organization provides financial support to the Ohana Institute, including, without limitation, funding new student programs, travel experiences, scholarships and specialty personnel costs. Additionally, the OIF intends to provide funding support for a new facility with the build a new state-of-the-art learning facility to be located near the facilities of the Institute.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 17
- Transparency & Controls: 82
- Sustainability: 38
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 16.4%; rating input score 16
- Program expense ratio: 18.2%; rating input score 18
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9.8%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 0.07; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 1.97; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 28.6% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: -6.2% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -3.4% per year; rating input score 0; 19th percentile among comparable filings
Details
- Where the money goes: 16.4% of revenue deployed · 18.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $19K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 16/100.
- High — Financial Efficiency: Program expense ratio scored 18/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Operating margin scored 58/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.