Overview
What is Happy Jacks Inc?
Happy Jacks Inc, situated in Kerrville, Texas, operates the Happy Jacks Learning Center, a licensed daycare facility. This nonprofit organization is committed to providing a high-quality learning environment for around 75 to 95 children each week, irrespective of social, economic, or racial barriers. The center's mission is to foster a nurturing and inclusive atmosphere that enables all children to thrive. With a dedicated team of 39 employees, Happy Jacks Inc ensures that its facility is a welcoming space for families, prioritizing their needs and promoting equal opportunities for all.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Happy Jacks Inc has received a Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and financial health. The organization scored 100% on several key metrics, including having a majority of independent board members and maintaining proper conflict of interest and whistleblower policies. Their financial practices are commendable, with all expenses directed towards program activities, indicating efficient use of resources.
The organization's fiscal health is further supported by a low liabilities-to-assets ratio of 7.26%, showcasing their stability. The board's governance structure appears robust, with comprehensive policies in place for document retention and meeting documentation. However, while the financial oversight is impressive, the overall score relies solely on a single beacon score, which may limit the evaluation of other operational aspects.
One area that might benefit from further transparency is the salaries of key individuals, with the Executive Director earning $78,001 and the President receiving $27,492, while other board members are noted as receiving no salary. This could prompt inquiries about the organization’s compensation strategy and its alignment with nonprofit benchmarks. Overall, Happy Jacks Inc demonstrates strong governance and financial practices but may still have areas to expand in terms of operational transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Happy Jacks Inc legitimate?
Happy Jacks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Happy Jacks Inc 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: $105,493
Professional Fundraising Fees: $0
Other Salaries and Wages: $506,143
For more financial information, click here
What is the mission statement of Happy Jacks Inc?
Happy Jacks Inc, as a licensed daycare facility, aims to provide a high-quality learning environment for approximately 75-95 children each week. The center welcomes families without discrimination based on any social, economic, racial, or other barriers. The mission of Happy Jacks Inc is to operate an educational facility that ensures a quality learning environment for all children, regardless of their social or economic backgrounds. The center's goal is to create an inclusive and nurturing environment where every child can thrive and grow. Happy Jacks Inc strives to break down barriers and promote equality in early childhood education.
Who is the CEO of Happy Jacks Inc?
Valarie Cadenhead is the Executive Director of Happy Jacks Inc.
What is the revenue of Happy Jacks Inc?
Happy Jacks Inc's revenue in 2022 was $1,450,113.
Who are the executives of Happy Jacks Inc and what are their salaries?
The average compensation at Happy Jacks Inc during 2022 was $15,683. There are 39 employees at Happy Jacks Inc.
Here are 4 key members and their salaries:
- Compensation: $78,001
- Related: $0
- Other: $0
- Compensation: $27,492
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Happy Jacks Inc?
Happy Jacks Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Happy Jacks Inc
Happy Jacks Learning Center, a licensed daycare facility, strives to offer a high-quality learning environment for approximately 75-95 children every week. The center welcomes families without discrimination based on social, economic, racial, or other barriers. Its mission is to create an educational setting that caters to all children, ensuring they receive an equal opportunity to learn and grow, regardless of their backgrounds. Happy Jacks Learning Center is committed to fostering a nurturing and inclusive environment where children can thrive.
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Impact
July, 2024
Happy Jacks Inc, operating as Happy Jacks Learning Center, has a significant impact on the community by providing a licensed daycare facility that offers a quality learning environment for approximately 75-95 children every week. Families are accepted without regard to any social, economic, racial, or other barriers, ensuring that all children have access to educational opportunities. The center operates with a mission to provide a welcoming and inclusive space for children to learn, grow, and thrive regardless of their background. In doing so, Happy Jacks Inc contributes to the education and development of numerous children in Kerrville, TX, making a positive difference in their lives and the community as a whole.
This information is meant to be a general summary of Happy Jacks Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $939,460
- Gross Receipts: $1,450,113
Assets and Liabilities:
- Total Assets: $179,374
- Total Liabilities: $13,028
- Net Assets: $166,346
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$939,460
Organization Details
Founding Year
2014
Principal Officer
Valarie Cadenhead
Main Address
3325 JUNCTION HIGHWAY, KERRVILLE, TX, 78028
NTEE Category
Code: B21 - Education
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