Think Happy Thoughts Foundation Inc
- Assets
- $13.3k
- Revenue
- $59.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Byrdstown, TN
- Founding
- Data as of
- 12/2023
- EIN
- 85-0823996
Organization Overview
Think Happy Thoughts Foundation Inc is located in Byrdstown, TN. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Think Happy Thoughts Foundation 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 12/2023, Think Happy Thoughts Foundation Inc generated $59.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $55.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Think Happy Thoughts Foundation Inc has awarded 61 individual grants totaling $184,597. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MANAGEMENT AND ADMINISTRATIVE COSTS INCURRED TO OPERATE THE FOUNDATION, DIRECTLY SUPPORT, AND ARE NECESSARY TO CARRY OUT THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
THINK HAPPY THOUGHTS MAKES CHARITABLE DISTRIBUTIONS TO OTHER QUALIFYING NOT FOR PROFIT ORGANIZATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Piersall President | 3 | $0 | |
Judith Piersall Secretary | 3 | $0 | |
Wes Piersall Treasurer | 1 | $0 | |
Ellie Carmical Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $59,050 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,050 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,611 |
| Total operating and administrative expenses | $1,611 |
| Contributions, gifts, grants paid | $53,856 |
| Total expenses and disbursements | $55,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,343 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,343 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Think Happy Thoughts Foundation Inc has awarded $53,856 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
BOBCAT BOUTIQUE PURPOSE: DONATION TO A DOMESTICALLYREGISTERED CHARITABLE ORGANIZATION. | $500 |
FREEDOM FIGHTER FOUNDATION PURPOSE: DONATION TO A DOMESTICALLYREGISTERED CHARITABLE ORGANIZATION. | $5,000 |
GLENMARY HOME MISSIONERS PURPOSE: DONATION TO A DOMESTICALLYREGISTERED CHARITABLE ORGANIZATION. | $1,000 |
HILLSDALE COLLEGE FOUNDATION PURPOSE: DONATION TO A DOMESTICALLYREGISTERED CHARITABLE ORGANIZATION. | $1,000 |
HE GETS US PURPOSE: DONATION TO A DOMESTICALLYREGISTERED CHARITABLE ORGANIZATION. | $3,500 |
HIDDEN ACRES RESCUE PURPOSE: DONATION TO A DOMESTICALLYREGISTERED CHARITABLE ORGANIZATION. | $1,000 |