Overview
What is Happiness Foundation Inc?
Happiness Foundation Inc, located in Oklahoma, operates the "Houses of Happiness Orphanage" in Quito, Ecuador. The foundation provides homes and education for approximately 230 neglected and abandoned children, referred to them through local governments and churches. Their mission is to offer "abundant care", ensuring that beyond basic needs, children experience the abundant life in Christ. This encompasses love in a Christian household, campus discipleship programs, professional social work and psychological support, and a quality education in a private Christian school. The foundation also offers university assistance and vocational guidance, aiming to prepare their young adults to make a positive impact in their community as godly individuals. The foundation employs a small team of approximately 35 missionaries to carry out these initiatives.
Official website here: www.hfecuador.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Happiness Foundation Inc demonstrates a solid performance in terms of accountability and finance, achieving a strong score of 76%. The organization boasts a fully independent board with seven members, showcasing effective governance and oversight. Additionally, it has a 100% program expense ratio, indicating that all funds are directed towards its programs, which is a positive sign for potential donors.
However, the foundation does have notable limitations, particularly in its governance policies. It lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are crucial for maintaining transparency and ethical standards. While the organization has successfully avoided any material diversion of assets and has a perfect liabilities to assets ratio, these missing policies could raise concerns about its overall governance practices.
Overall, while Happiness Foundation Inc shows strength in financial management and board independence, the absence of certain key policies suggests areas for improvement in its operational protocols. Potential donors may want to consider both the charity's strengths and its governance shortcomings when making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Happiness Foundation Inc legitimate?
Happiness Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Happiness Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,236
For more financial information, click here
Official website here: www.hfecuador.org/
What is the mission statement of Happiness Foundation Inc?
The Happiness Foundation focuses on providing care for neglected and abandoned children referred to them through local governments and churches. They aim to go beyond meeting the children's basic needs, instilling in them the concept of an abundant life through Christianity. This is achieved through a Christian household environment, campus discipleship programs, the guidance of professional social workers and psychologists, and a high-quality education in their private Christian school. The foundation also offers university assistance and vocational guidance to help launch their young adults into the community as responsible and impactful individuals.
Official website here: www.hfecuador.org/
Who is the CEO of Happiness Foundation Inc?
Ronnie Brock is the Vice Preside of Happiness Foundation Inc.
Official website here: www.hfecuador.org/
What is the revenue of Happiness Foundation Inc?
Happiness Foundation Inc's revenue in 2022 was $475,296.
Official website here: www.hfecuador.org/
Who are the executives of Happiness Foundation Inc and what are their salaries?
The average compensation at Happiness Foundation Inc during 2022 was $22,618. There are 2 employees and 30 volunteers at Happiness Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hfecuador.org/
Where can I find the form 990 for Happiness Foundation Inc?
Happiness Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hfecuador.org/
Learn more at the official website: www.hfecuador.org/
Mission Statement of Happiness Foundation Inc
The Happiness Foundation, a nonprofit organization, is dedicated to caring for neglected and abandoned children who are referred to them through relationships with local governments and churches. Their mission is to provide more than just basic necessities to these children; they aim to offer an "abundant life in Christ." This "abundant care" encompasses the love of a Christian household, campus discipleship programs, professional social workers and psychologists, and a high-quality education at their private Christian school. Beyond these essentials, the foundation also offers university assistance and vocational guidance with the goal of launching their young adults into the community as godly individuals and seeds of impact for Ecuador.
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Impact
July, 2024
Happiness Foundation Inc's impact can be seen in the lives of neglected and abandoned children in Ecuador. Through their Houses of Happiness orphanage in Quito, they provide homes and education for approximately 230 children. Their focus on abundant care goes beyond meeting basic needs, encompassing love, education, spiritual guidance, and support to ensure these children know of the abundant life in Christ. With a dedicated staff of around 35 missionaries, they are nurturing these young lives and preparing them to become impactful members of society. Through their efforts, they are not just providing a safe haven but also sowing seeds of positivity and hope in Ecuador.
This information is meant to be a general summary of Happiness Foundation 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.
- Investment Income: $24
- Program Service Revenue: $28,210
- Gross Receipts: $475,296
Assets and Liabilities:
- Total Assets: $361,629
- Total Liabilities: $0
- Net Assets: $361,629
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIP
Revenue
$28,210
Organization Details
Phone
(405) 355-9847Principal Officer
Ronnie Brock
Main Address
178272 NORTH 2760 ROAD, COMANCHE, OK, 73529
Website
www.hfecuador.org/NTEE Category
Code: P70Z - Human services
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