Happy Hill Farm Childrens Home Inc

Organization Overview

Happy Hill Farm Childrens Home Inc is located in Granbury, TX. The organization was established in 1975. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 12/2022, Happy Hill Farm Childrens Home Inc employed 110 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Happy Hill Farm Childrens Home Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Happy Hill Farm Childrens Home Inc generated $5.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $6.6m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE HOME IS TO PREPARE STUDENTS FOR ADVANCED EDUCATION THROUGH A RIGOROUS, COLLEGE-PREPARATORY EDUCATIONAL PROGRAM TAUGHT WITHIN A CHRISTIAN WORLDVIEW FRAMEWORK. STUDENTS ARE ALSO PREPARED FOR LIFE AS INFORMED, ETHICAL, MORAL AND PRODUCTIVE CITIZENS THROUGH A HOST OF OTHER OPPORTUNITIES THAT PROMOTE INTELLECTUAL, SOCIAL, AND EMOTIONAL GROWTH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHILDREN'S HOME-PROVIDES SHELTER AND FOOD FOR CHILDREN


ACADEMY-PROVIDES CLASSROOM INSTRUCTION FOR CHILDREN


FARM-PROVIDES FOOD AND TRAINING FOR CHILDREN


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Board, Officers & Key Employees

Name (title)Compensation
Lucas Shipman
Development Off
$89,299
Todd L Shipman
President
$79,800
Charles E Shipman Jr
COO
$79,800
John Gesek
Director
$0
Tom Miller
Director
$0
Gary C Martin
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$2,591,488
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,513,511
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,104,999
Total Program Service Revenue$357,617
Investment income $1,118
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,573,136

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Happy Hill Farm Childrens Home Inc has recieved totaling $314,891.

Awarding OrganizationAmount
Community Foundation Of North Texas

Fort Worth, TX

PURPOSE: FOR GENERAL PURPOSES

$125,000
Dallas Seminary Foundation

Dallas, TX

PURPOSE: General Support

$100,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$31,910
Communities Foundation Of Texas

Dallas, TX

PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.

$29,842
American Subcontractors Assoc ,inc North Texas Chapter No 28

Grand Prairie, TX

PURPOSE: GENERAL SUPPORT

$15,000
Ken W Davis Foundation

Fort Worth, TX

PURPOSE: FUNDS FOR STUDENTS CARE & EDUCATION

$7,500
View Grant Recipient Profile

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