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Happy Joe's Kids Foundation Charitable Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 455558441 ✦ Bettendorf, IA ✦ Designated as a 501(c)(3)

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Overview

What is Happy Joe's Kids Foundation Charitable Fund?

Happy Joe's Kids Foundation Charitable Fund is a nonprofit organization based in Bettendorf, Iowa. Their primary mission is to host annual holiday celebrations for special needs children and their support staff, including teachers and bus drivers, in collaboration with local schools and other charitable organizations. The event, held at the civic center, provides entertainment, meals, and honors the participants. Additionally, the foundation allocates grants ranging from $4,000 to $12,000 annually, which are used to enhance the quality of life for special needs children, their families, and schools, addressing needs that might otherwise be inaccessible. By doing so, the Happy Joe's Kids Foundation Charitable Fund aims to help meet the unique needs of special needs children wherever they may be.


Official website here: www.happyjoeskids.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Star rating.

The Happy Joe's Kids Foundation Charitable Fund has received a low rating of 53%, which indicates significant concerns regarding its accountability and financial practices. The organization has no independent board members, which raises questions about governance and oversight. While it has shown no material diversion of assets and maintains a favorable liabilities to assets ratio, the absence of critical policies such as conflict of interest and whistleblower policies is concerning.

On a positive note, the foundation allocates a substantial portion of its expenses to programs, with a program expense ratio of 71.36%. This suggests that a significant majority of its funds are directed toward its charitable activities. However, the missing documentation for board meeting minutes and policies related to document retention and destruction further highlight gaps in operational transparency.

Overall, while the Happy Joe's Kids Foundation Charitable Fund demonstrates commitment to program spending, its governance deficiencies and lack of essential policies hinder its accountability. Potential donors and stakeholders may want to exercise caution and seek more information before engaging with the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Happy Joe's Kids Foundation Charitable Fund legitimate?

Happy Joe's Kids Foundation Charitable Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Happy Joe's Kids Foundation Charitable Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.happyjoeskids.org

What is the mission statement of Happy Joe's Kids Foundation Charitable Fund?

The Happy Joe's Kids Foundation Charitable Fund's mission is centered around supporting special needs children. It aims to meet their needs, regardless of their location. The foundation primarily accomplishes this through annual holiday celebrations, collaborating with various schools and charitable organizations in the Quad City area. During these events, over a thousand special needs children, their assistants, teachers, and bus drivers are honored, fed, and entertained. In addition to the celebrations, the foundation provides grants annually to help special needs children, their families, and schools afford a better quality of life, offering assistance that might otherwise be unattainable. These grants, amounting to between $4,000 and $12,000 per year, make up 4% of the fund's invested principal assets.


Official website here: www.happyjoeskids.org

Who is the CEO of Happy Joe's Kids Foundation Charitable Fund?

Larry Whitty is the Director of Happy Joe's Kids Foundation Charitable Fund.


Official website here: www.happyjoeskids.org

What is the revenue of Happy Joe's Kids Foundation Charitable Fund?

Happy Joe's Kids Foundation Charitable Fund's revenue in 2022 was -$26,091.


Official website here: www.happyjoeskids.org

Who are the executives of Happy Joe's Kids Foundation Charitable Fund and what are their salaries?


Here are 2 key members and their salaries:


Kristel Whitty-Ersan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Whitty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.happyjoeskids.org

Where can I find the form 990 for Happy Joe's Kids Foundation Charitable Fund?

Happy Joe's Kids Foundation Charitable Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.happyjoeskids.org

Learn more at the official website: www.happyjoeskids.org

Mission Statement of Happy Joe's Kids Foundation Charitable Fund

Happy Joe's Kids Foundation Charitable Fund is committed to addressing the needs of children with special needs, regardless of their location. The organization's primary mission involves hosting holiday celebrations in collaboration with various school districts in the Quad City area. During these events, held at the local civic center, over 1,000 special needs children, their assistants, teachers, and bus drivers are honored, fed, and entertained. Numerous charitable organizations participate and volunteer in these events.

In addition to these festive gatherings, Happy Joe's Kids Foundation Charitable Fund provides financial grants. These grants, ranging from $4,000 to $12,000 annually, are allocated from a budget of 4% of the fund's invested principal assets. The recipients of these grants are special needs children, their families, and their schools. These funds are intended to help provide a better quality of life, offering assistance that may not be otherwise affordable for these individuals. The grants enable them to lead more integrated and adaptive lifestyles.

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Impact




October, 2024

Happy Joe's Kids Foundation Charitable Fund has made a significant impact on the lives of special needs children and their families, particularly in the Quad City area. Through a long-standing tradition of holiday celebrations hosted at the local civic center, the foundation brings joy and camaraderie to over 1,000 special needs children, their assistants, teachers, and bus drivers. This two-day event not only provides a festive atmosphere but also feeds and entertains these unique individuals, fostering a sense of community and belonging.

In addition to the holiday celebrations, the foundation allocates grants ranging from $4,000 to $12,000 to support special needs children and their families. These grants are essential for assisting with services and resources that might otherwise be financially unattainable, ultimately enhancing the quality of life for these children. By focusing on integration and adaptive lifestyles, the foundation addresses the specific challenges faced by special needs children, ensuring they have access to the support they need. The overall efforts of the Happy Joe's Kids Foundation Charitable Fund create a more inclusive and supportive environment for special needs families, reinforcing a commitment to meet their needs wherever they may be.




This information is meant to be a general summary of Happy Joe's Kids Foundation Charitable Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$26,091 (2022)
Expenses
$24,357 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$40,541
  • Gross Receipts: $1,755,428

Assets and Liabilities:

  • Total Assets: $393,458
  • Total Liabilities: $834
  • Net Assets: $392,624

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Organization Details

Founding Year

2012

Principal Officer

Larry Whitty

Main Address

2705 HAPPY JOE DRIVE, BETTENDORF, IA, 52722

NTEE Category

Code: E12 - Health

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