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Happy Valley Foundation

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

EIN: 950809370 ✦ Ojai, CA ✦ Designated as a 501(c)(3)

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Overview

What is Happy Valley Foundation?

The Happy Valley Foundation, based in Ojai, California, is a nonprofit organization that plays a significant role in education and artistic development. It serves around 100 students from ninth to twelfth grade, fostering their intellectual and artistic growth. The foundation also operates a Center for the Arts, hosting workshops and events that promote various art forms. Additionally, it preserves approximately 500 acres of open space and natural resources, demonstrating a commitment to respecting all forms of life.


Official website here: www.happyvalleyfdn.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 69% (Two-Star out of Four Stars)**

The Happy Valley Foundation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its overall management and governance practices. The score relies solely on accountability and finance metrics, emphasizing the importance of transparent financial operations. The absence of independent board members and missing policies for conflict of interest and whistleblower protection are noted as significant concerns that could affect its effectiveness and community trust.

Despite the low rating in governance, the foundation does exhibit strengths in its financial handling, with a solid program expense ratio of 82.35%, demonstrating a commitment to utilizing resources toward its mission. The organization maintains appropriate oversight and has no reported diversion of assets, which is a positive aspect of its financial practices. However, the lack of independent oversight raises questions about its overall leadership structure.

User reviews from GreatNonprofits were not available for analysis, which would have provided deeper insights into community experiences and sentiments. Overall, while the Happy Valley Foundation displays some strengths in financial accountability, the noted weaknesses in governance should be addressed to improve its efficacy and community trust.


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

Is Happy Valley Foundation legitimate?

Happy Valley Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Happy Valley Foundation 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: $3,146,957

For more financial information, click here


Official website here: www.happyvalleyfdn.org

What is the mission statement of Happy Valley Foundation?

The Happy Valley Foundation's mission is centered around fostering educational centers that encourage intellectual and artistic growth. These educational centers are established on preserved California land, where the foundation respects all forms of life. The foundation's activities include nurturing the intellectual and artistic development of approximately 100 students from the ninth through twelfth grade. Additionally, the foundation operates a center for the arts, hosting workshops and events that promote various art forms. Furthermore, the foundation preserves approximately 500 acres of open space and natural resources.


Official website here: www.happyvalleyfdn.org

Who is the CEO of Happy Valley Foundation?

Alex Smith is the CEO of Happy Valley Foundation The CEO's salary of Happy Valley Foundation is $0 and their total compensation is $0.


Official website here: www.happyvalleyfdn.org

What is the revenue of Happy Valley Foundation?

Happy Valley Foundation's revenue in 2024 was $6,754,446.


Official website here: www.happyvalleyfdn.org

Who are the executives of Happy Valley Foundation and what are their salaries?

The average compensation at Happy Valley Foundation during 2024 was $66,957. There are 47 employees at Happy Valley Foundation.

Here are 10 key members and their salaries (Happy Valley Foundation's CEO's salary is $0 and their total compensation is $0):


Annie Saunders (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maryann Cord (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Portia Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Leslie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William B Kaplan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moussa Sy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Smith (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Woods (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Wallace (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Hardman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.happyvalleyfdn.org

Where can I find the form 990 for Happy Valley Foundation?

Happy Valley Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.happyvalleyfdn.org

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

Mission Statement of Happy Valley Foundation

The Happy Valley Foundation, a notable nonprofit organization, is committed to establishing educational centers that foster the intellectual and artistic growth of individuals. These centers are strategically established on preserved California land, where the respect for all forms of life is paramount. The foundation's mission is centered around this concept, aiming to create an environment that nurtures the development of young minds from the ninth through twelfth grade.

In addition to its educational focus, the Happy Valley Foundation also operates a center for the arts. This center serves as a platform for hosting workshops and events, promoting various art forms and encouraging artistic expression. Furthermore, the foundation is dedicated to preserving approximately 500 acres of open space and natural resources. This commitment to conservation ensures the maintenance of a healthy ecosystem, providing a harmonious environment for both the educational centers and the surrounding wildlife.

In essence, the Happy Valley Foundation's mission is to create educational sanctuaries that foster individual growth and artistic expression, all while respecting the natural world and preserving its resources. By providing a nurturing environment for young people and promoting artistic expression, the foundation aims to contribute positively to the intellectual and creative development of its students and the broader community.

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Impact




July, 2024

Happy Valley Foundation's impact is evident in its educational centers that foster individual intellectual and artistic growth. Through these centers, approximately 100 students from the ninth through twelfth grade are provided with a nurturing environment to enhance their learning experiences. Additionally, the foundation operates a center for the arts that hosts workshops and events promoting various art forms, contributing to the enrichment of the community and the development of artistic talents. Furthermore, Happy Valley Foundation plays a crucial role in preserving approximately 500 acres of open space and natural resources in Ojai, California, demonstrating a commitment to environmental conservation and sustainability.




This information is meant to be a general summary of Happy Valley Foundation. 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
$6,754,446 (2024)
Expenses
$6,495,408 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $751,818
  • Program Service Revenue: $5,625,637
  • Gross Receipts: $6,789,445

Assets and Liabilities:

  • Total Assets: $28,453,210
  • Total Liabilities: $2,816,332
  • Net Assets: $25,636,878

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ACTIVITY/BOOK RENTALS

Revenue

$323,000

APPLICATION FEES

Revenue

$9,988

INSTRUCTIONAL SUPPORT

Revenue

$325,932

SCHOOL TUITION

Revenue

$4,653,126

SUMMER PROGRAM REVENUE

Revenue

$309,868

Organization Details

Principal Officer

Annie Saunders

NTEE Category

Code: B25Z - Education

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