Happy Hippie Foundation

Tax-deductible

Santa Monica, CA501(c)(3)Foundations & GrantmakersEIN 47-2060063Revenue $412K in FY2024

On file with the IRShappyhippies.org2708 Wilshire Blvd 369, 90403-4706 · Santa Monica, CATax-exempt since Oct 2014Publicly supported charity — 170(b)(1)(A)(vi)

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To mobilize young people to fight the injustices facing homeless youth, lgbtq youth, and other vulnerable populations.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Run by 4 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $14K a year · 4% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $27K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$412K
+85% vs prior year
Spent
$474K
To programs
100%
Net assets
$7K
By yearFY2020–FY2024
Revenue
$412K
FY2024▲ +85%
Tap a bar for its year
Revenue by fiscal year
FY2020$216K
FY2021$380K
FY2022$498K
FY2023$222K
FY2024$412K
Expenses
$474K
FY2024▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2020$288K
FY2021$300K
FY2022$345K
FY2023$390K
FY2024$474K
Net assets
$7K
FY2024▼ -90%
Tap a bar for its year
Net assets by fiscal year
FY2020$4K
FY2021$84K
FY2022$237K
FY2023$70K
FY2024$7K

From the FY2024 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $474K Management & general 0% · $211

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Foundation Manager
$0Pt VII · Sec A
See Happy Hippie Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Mobilizes young people to fight injustices faced by homeless, LGBTQ, and vulnerable youth.

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Provided by the organization

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3 programs · $434K · in their own filed words · FY2024
01

The mission of my friend's place is to assist and inspire homeless youth to build self-sufficient lives. Happy hippie support of my friends place assists in offering comprehensive services to 1,000 youth experiencing homelessness in the los angeles area between the ages of 12 and 25 each year.

$200Kprogram expense
02

Downtown women`s center mission is to end homelessness for women and gender diverse individuals by providing safe housing and supportive services centered on wellness, employment, and advocacy. DWC'S two on-site residences provide permanent housing, without time limits, to 119 women.

$159Kprogram expense
03

Oasis center is a nationally-recognized organization on a mission to help young people in middle tennessee move into a happy, healthy, and productive adulthood. Support from happy hippie helps engage over 3,500 youth and families across a broad spectrum of programs and services designed to help them reach their full potential.

$75Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$27K
Grants paid · 27 grants · $1.8M · 2020–2024
M F Place INCCA · FY2024$200,000
Downtown Women's CenterCA · FY2024$159,023
Oasis Center INCTN · FY2024$75,000
True Colors United INCNY · FY2024$25,000
Hetrick-Martin Institute INCNY · FY2024$15,000
M F Place INCCA · FY2023$205,000
Oasis Center INCTN · FY2023$75,000
Hetrick-Martin Institute INCNY · FY2023$45,000
Los Angeles Lgbt CenterCA · FY2023$30,000
True Colors United INCNY · FY2023$10,000
M F Place INCCA · FY2022$175,000
Oasis Center INCTN · FY2022$60,000
Hetrick-Martin Institute INCNY · FY2022$30,000
Los Angeles Lgbt CenterCA · FY2022$30,000
M F Place INCCA · FY2021$150,000
See all 27 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$412K
Ln 12
Gifts and grantsLn 1h$399K
Other incomeLn 4–11$13K
Investment incomeLn 3$735
Money outPt IX
$474K
Ln 25
Programscol B$474K
Managementcol C$211
Owns and owesPt X
$7K
net assets · Ln 32
Cash and savingsLn 1–2$7K
Total assetsLn 16$7K
LiabilitiesLn 26$0
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$399K
Investment incomeLn 3$735
Other incomeLn 4–11$13K
Total revenueLn 12$412K
Assets in detailPt X, end of year
CashLn 1$3K
SavingsLn 2$5K
Cash and savings togetherLn 1–2$7K
Total assetsLn 16$7K
LiabilitiesLn 26$0
Net assetsLn 32$7K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$70K$7K
Total assetsLn 16$70K$7K
LiabilitiesLn 26$0$0
Net assetsLn 32$70K$7K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$474K$474K
Other expenses (24a–d)Ln 24$211$211
Total functional expensesLn 25$474K$474K$211$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $412K$474K−$62K$7K 990 PDF
FY2023 $222K$390K−$168K$70K 990 PDF
FY2022 $498K$345K$153K$237K 990 PDF
FY2021 $380K$300K$80K$84K 990 PDF
FY2020 $216K$288K−$72K$4K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $411,813 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $50,540$398,523
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $3$735
I-11 Other revenuePrior year $171,883$12,555
I-12 Total revenuePrior year $222,426$411,813
I-13 Grants and similar amounts paidPrior year $390,000$474,023
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $100$211
I-18 Total expensesPrior year $390,100$474,234
I-19 Revenue less expensesPrior year −$167,674−$62,421
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $411,813 across 5 lines filed
VIII-1f All other contributions, gifts and grants$398,523
VIII-1h Total contributions, gifts and grants$398,523
VIII-3 Investment incomeRelated to mission $735$735
VIII-5 RoyaltiesRelated to mission $12,555$12,555
VIII-12 Total revenueRelated to mission $13,290 · Unrelated business $0 · Excluded from tax $0$411,813
Part IX · Statement of functional expenses $474,234 across 2 lines filed
IX-1 Grants to domestic organizationsPrograms $474,023$474,023
IX-24 Other expenses (24a–d)Management $211$211
IX-25 Total functional expensesPrograms $474,023 · Management $211 · Fundraising $0$474,234
Part X · Balance sheet $7,079 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $68,539$2,519
X-2 Savings and temporary cash investmentsStart of year $961$4,560
X-16 Total assetsStart of year $69,500$7,079
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $69,500$7,079
X-32 Total net assets or fund balancesStart of year $69,500$7,079
X-33 Total liabilities and net assetsStart of year $69,500$7,079
Part XI · Reconciliation of net assets $7,079 net assets at year end
XI-1 Total revenue$411,813
XI-2 Total expenses$474,234
XI-3 Revenue less expenses−$62,421
XI-4 Net assets at start of year$69,500
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$7,079

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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