GuideStar Exchange Reports for Happy Hearts Fund, Inc.

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The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

GuideStar Summary

Basic Organization Information

Happy Hearts Fund, Inc. Organization Name provided in the GuideStar Exchange* as of 05/03/2012: Happy Hearts Fund, Inc.

Organization Name as listed in the IRS Business Master File as of 08/11/2014: HAPPY HEARTS FUND INC

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

Physical Address:New York, NY 10014 
EIN:20-5072728
Web URL:www.happyheartsfund.org 
NTEE Category:M Public Safety, Disaster Preparedness and ReliefM20 Disaster Preparedness and Relief ServicesB Educational InstitutionsB24 Primary/Elementary Schools
Ruling Year:2006 

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Mission Statement

Happy Hearts Fund is a non-profit foundation dedicated to improving children’s lives through educational and sustainable programs in natural disaster areas.

Legitimacy Information

This organization is registered with the IRS.

This organization is required to file an IRS Form 990 or 990-EZ.

Institutional funders should note that an organization’s inclusion on GuideStar.org does not satisfy IRS Rev. Proc. 2011-33 for identifying supporting organizations.

Learn more about GuideStar Charity Check, the only pre-grant due diligence tool that is 100% compliant with IRS Rev. Proc 2011-33.

What is this?

The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

Annual Revenue & Expenses (IRS Form 990, July 2012)

Fiscal Year Starting: July 01, 2012Fiscal Year Ending: June 30, 2013

Total Revenue$3,040,550

Total Expenses$2,737,172

Revenue & Expenses

Revenue and expense information has not been provided by the nonprofit. Click here if you are associated with this organization and want to provide this information.

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The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

Forms 990 Received from the IRS

IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar website is an ongoing process.

Forms 990 Provided by the Nonprofit

Financial Statements

Audited Financial Statement is not available for this organization.

Formation Documents

A Letter of Determination is a letter from the IRS to a nonprofit organization stating that the organization has successfully applied for tax-exempt status. In this document the IRS indicates under which section of the Internal Revenue Code an organization is qualified.

Letter of Determination is not available for this organization.

What is this?

The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more. May 2012)

The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more. May 2012)

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The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

Board Co-Chair

This information has not been provided by the nonprofit. Click here if you are associated with this organization and want to provide this information.

The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more. May 2012)

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The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

Board Orientation & Education

Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Response Not Provided
CEO Oversight

Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
Response Not Provided
Ethics & Transparency

Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Response Not Provided
Board Composition

Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Response Not Provided
Board Performance

Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
Response Not Provided

Officers for Fiscal Year (IRS Form 990)

Officers for 2013, 2012, 2010, 2009, 2008 are included in the GuideStar Premium Report. Upgrade NowReport Added To Cart

Highest Paid Employees & Their Compensation (IRS Form 990)

Highest Paid Employee data is not available for this organization.

People information was last updated by the nonprofit in May 2012

Click here if you are associated with this organization and want to provide updated information.

What is this?

The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

Programs

Program: Self-Sustaining Schools (GuideStar Exchange,

The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more. May 2012)

Budget:--Category:Population Served:Children Only (5 - 14 years)

Program Description:

HHF helps children to rebuild their lives through the Self-Sustaining School Model, which has three key components: Education, Technology and Sustainability. Self-Sustaining School Model 1. EDUCATION HHF identifies schools in areas adversely affected by natural disasters and builds or rebuilds them in a disaster-proof way allowing children to be safe and to begin the healing and recovery process. Education and safe educational facilities are the best investments we can make in the effort to overcome and prevent the damaging consequences of natural disasters and poverty. 2. TECHNOLOGY Within each school, HHF establishes a computer lab with the needed IT software, hardware adn training in order to create more opportunities for children to have better educational and employment options in their lives. 3. SUSTAINABILITY HHF focuses on assurance of sustainability for schools. If governmental support is lacking in this area, HHF creates independence through its sustainability initiatives. HHF incubates and fosters a community-oriented business as a programmatic companion to the new schools, thereby ensuring a long-term funding stream for the maintenance and development of the school, and by extension, the community.

Program Long-Term Success:

Globally, HHF is active in nine countries and has built/rebuilt 47 schools and kindergartens, with eight currently under construction. Since inception our programs have benefited more than 31,000 children and 334,000 community members.

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

What is this?

The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

Impact Summary from the Nonprofit

Globally, HHF is active in nine countries and has built/rebuilt 47 schools and kindergartens, with eight currently under construction. Since inception our programs have benefited more than 31,000 children and 334,000 community members.

What is this?

The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

Reviews

What is this?

The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

Contractor data is available for this organization!

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http://www.guidestar.org/organizations/20-5072728/happy-hearts-fund.aspx