Happiness Foundation
- Assets
- $500.6k
- Revenue
- $351.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Comanche, OK
- Founding
- 12/1971
- Data as of
- 12/2023
- 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 12/2023, 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 12/2023, Happiness Foundation generated $351.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $212.5k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
HAPPINESS FOUNDATION PARTNERS WITH GLOBAL INITIATIVES TO EMPOWER THE LOCAL CHURCH, ENCOURAGE COMMUNITIES, AND INSPIRE OTHERS TO PROTECT VULNERABLE POPULATIONS. CURRENTLY WE SUPPORT THE PUENTES PROGRAM IN ECUADOR, BUT WE WILL POSSIBLY EXPAND TO SUPPORT OTHER INITIATES IN OTHER LOCATIONS IN THE FUTURE. HAPPINESS FOUNDATION IS PROUD TO SUPPORT THE PUENTES PROGRAM IN ECUADOR. THE PUENTES PROGRAM IS A NON-PROFIT ORGANIZATION THAT OFFERS ASSISTANCE AND GUIDANCE TO YOUNG ADULTS TRANSITIONING OUT OF CHILDREN'S HOMES OR ORPHANAGES. THE PROGRAM FOCUSES ON UNIVERSITY SUPPORT, JOB TRAINING, EMOTIONAL AND FINANCIAL SUPPORT, MENTORSHIP, AND CONNECTIONS TO INTERNSHIPS. WE BELIEVE THAT WITH THESE RESOURCES, YOUNG ADULTS WHO HAVE GROWN UP IN ORPHANAGES OR INSTITUTIONS CAN OVERCOME CHALLENGES AND ACHIEVE SUCCESS. THE PROGRAM'S COMMITMENT TO SPIRITUAL GUIDANCE AND COMMUNITY SUPPORT ENSURES THAT EACH INDIVIDUAL WILL RECEIVE THE HELP THEY NEED TO BREAK THE CYCLE AND CREATE A BETTER FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HAPPINESS FOUNDATION PARTNERS WITH GLOBAL INITIATIVES TO EMPOWER THE LOCAL CHURCH, ENCOURAGE COMMUNITIES, AND INSPIRE OTHERS TO PROTECT VULNERABLE POPULATIONS. HAPPINESS FOUNDATION IS PROUD TO SUPPORT THE PUENTES PROGRAM IN ECUADOR. THE PUENTES PROGRAM IS A NON-PROFIT ORGANIZATION THAT OFFERS ASSISTANCE AND GUIDANCE TO YOUNG ADULTS TRANSITIONING OUT OF CHILDREN'S HOMES OR ORPHANAGES. THE PROGRAM FOCUSES ON UNIVERSITY SUPPORT, JOB TRAINING, EMOTIONAL AND FINANCIAL SUPPORT, MENTORSHIP, AND CONNECTIONS TO INTERNSHIPS. WE BELIEVE THAT WITH THESE RESOURCES, YOUNG ADULTS WHO HAVE GROWN UP IN ORPHANAGES OR INSTITUTIONS CAN OVERCOME CHALLENGES AND ACHIEVE SUCCESS. THE PROGRAM'S COMMITMENT TO SPIRITUAL GUIDANCE AND COMMUNITY SUPPORT ENSURES THAT EACH INDIVIDUAL WILL RECEIVE THE HELP THEY NEED TO BREAK THE CYCLE AND CREATE A BETTER FUTURE.
HAPPINESS FOUNDATION PARTNERS WITH GLOBAL INITIATIVES TO EMPOWER THE LOCAL CHURCH, ENCOURAGE COMMUNITIES, AND INSPIRE OTHERS TO PROTECT VULNERABLE POPULATIONS. HAPPINESS FOUNDATION IS PROUD TO SUPPORT THE PUENTES PROGRAM IN ECUADOR. THE PUENTES PROGRAM IS A NON-PROFIT ORGANIZATION THAT OFFERS ASSISTANCE AND GUIDANCE TO YOUNG ADULTS TRANSITIONING OUT OF CHILDREN'S HOMES OR ORPHANAGES. THE PROGRAM FOCUSES ON UNIVERSITY SUPPORT, JOB TRAINING, EMOTIONAL AND FINANCIAL SUPPORT, MENTORSHIP, AND CONNECTIONS TO INTERNSHIPS. WE BELIEVE THAT WITH THESE RESOURCES, YOUNG ADULTS WHO HAVE GROWN UP IN ORPHANAGES OR INSTITUTIONS CAN OVERCOME CHALLENGES AND ACHIEVE SUCCESS. THE PROGRAM'S COMMITMENT TO SPIRITUAL GUIDANCE AND COMMUNITY SUPPORT ENSURES THAT EACH INDIVIDUAL WILL RECEIVE THE HELP THEY NEED TO BREAK THE CYCLE AND CREATE A BETTER FUTURE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Beaver Vice Preside | Trustee | 10 | $0 |
Ronnie Brock President | Trustee | 10 | $0 |
Bill Collins Secretary/tr | Trustee | 10 | $0 |
Renee Beaver Vice Preside | Trustee | 10 | $0 |
Ronnie Brock President | Trustee | 10 | $0 |
Bill Collins Secretary/tr | 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 | $333,127 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $333,127 |
| Total Program Service Revenue | $0 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,380 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $351,508 |
| 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 | $108,541 |
| 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 | $51,552 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,379 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,162 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,784 |
| Office expenses | $364 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,641 |
| 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 | $8,943 |
| Insurance | $1,086 |
| All other expenses | $170 |
| Total functional expenses | $212,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $167,542 |
| 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 | $333,086 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $500,628 |
| 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 | $500,628 |
| 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 | $500,628 |