Happiness Foundation
- Assets
- $361.6k
- Revenue
- $475.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Comanche, OK
- Founding
- 12/1971
- Data as of
- 12/2022
- EIN
- 95-2679980
Organization Overview
Happiness Foundation is located in Comanche, OK. The organization was established in 1971. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 12/2022, Happiness Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Happiness Foundation 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, Happiness Foundation generated $475.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $353.6k during the year ending 12/2022. While expenses have increased by 2.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE HAPPINESS FOUNDATION EMBRACES NEGLECTED AND ABANDONED CHILDREN REFERRED TO US THROUGH RELATIONSHIPS WITH LOCAL GOVERNMENTS AND CHURCHES. WE FOCUS ON PROVIDING WHAT WE CALL ABUNDANT CARE SO THAT, BEYOND HAVING THEIR BASIC NEEDS MET, OUR CHILDREN MAY KNOW OF THE ABUNDANT LIFE IN CHRIST. THIS MEANS THAT THE BASIC CARE WE PROVIDE IS WRAPPED UP IN THE LOVE OF A CHRISTIAN HOUSEHOLD, CAMPUS DISCIPLEMAKING PROGRAMS, PROFESSIONAL SOCIAL WORKERS AND PSYCHOLOGIST, AND A QUALITY EDUCATION IN OUR PRIVATE CHRISTIAN SCHOOL. FURTHER, WE PROVIDE UNIVERSITY ASSISTANCE AND VOCATIONAL GUIDANCE IN AN EFFORT TO LAUNCH OUR YOUNG ADULTS OUT INTO THE COMMUNITY AS GODLY MEN AND WOMEN AND SEEDS OF IMPACT FOR ECUADOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSES OF HAPPINESS ORPHANAGE IN QUITO,EQUADOR OPERATES 22 HOUSES WITH A STAFF OF APROX 35 MISSIONARIES PROVIDE HOMES AND EDUCATION FOR APPROXIMATLY 230 CHILDREN
HOUSES OF HAPPINESS ORPHANAGE IN QUITO,EQUADOR OPERATES 22 HOUSES WITH A STAFF OF APROX 35 MISSIONARIES PROVIDE HOMES AND EDUCATION FOR APPROXIMATLY 230 CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Collins Treasurer | Trustee | 10 | $0 |
Renee Beaver Vice Preside | Trustee | 10 | $0 |
Ronnie Brock President | Trustee | 10 | $0 |
Jamie Howe Secretary | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $408,296 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $408,296 |
| Total Program Service Revenue | $28,210 |
| Investment income | $24 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $38,766 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $475,296 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $264,905 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,236 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,908 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,906 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,359 |
| Office expenses | $437 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,351 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,746 |
| Insurance | $1,061 |
| All other expenses | $334 |
| Total functional expenses | $353,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,355 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $280,274 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $361,629 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $361,629 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $361,629 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Happiness Foundation has recieved totaling $95,219.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $95,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $219 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Great Circle St James, MO | $68,390,614 | $85,036,631 |
Rocky Mountain Human Services Denver, CO | $31,258,421 | $73,701,277 |
Sunny Glen Childrens Home San Benito, TX | $13,498,844 | $44,265,453 |
Buckner Children And Family Services Inc Dallas, TX | $63,214,189 | $46,854,596 |
Developmental Pathways Inc Aurora, CO | $42,520,791 | $44,538,564 |
North Metro Com Svc Westminster, CO | $17,261,944 | $30,106,770 |
Youth Development Inc Albuquerque, NM | $6,538,635 | $31,021,565 |
The Safe Alliance Austin, TX | $11,714,788 | $29,431,817 |
Tresco Inc Las Cruces, NM | $11,408,298 | $25,903,649 |
Ariel Clinical Services Grand Junction, CO | $17,167,119 | $23,237,410 |
Laradon Hall Society For Exceptional Children And Adults Denver, CO | $24,311,430 | $21,206,538 |
Mission Road Developmental Center San Antonio, TX | $26,258,889 | $16,711,904 |