Happy 50 Plus Foundation FY2024 filing

Tax-deductible

El Monte, CA501(c)(3)Foundations & GrantmakersEIN 92-0367082Revenue $604K in FY2024

On file with the IRS9682 Telstar Ave Ste 107, 91731-3009 · El Monte, CATax-exempt since Nov 2022Publicly supported charity — 170(b)(1)(A)(vi)

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A. Happy 50 Plus Foundation was selected to partner with USAging on an ACL grant to increase the COVID-19 and Influenza Vaccine Uptake among older adults and people with disabilities.B. Happy 50 Plus Foundation was awarded a grant by the California Fire Foundation to disseminate in-language Wildfire Safety and Emergency Preparedness information to older Chinese Americans with limited English proficiency through a series of social media outreach and an Emergency Preparedness Conference.C.Happy 50 Plus Foundation received a grant from CALMHSA/Los Angeles County Mental Health Department to increase access to mental health resources, reduce mental health stigma and discrimination, and expand help-seeking behavior among older Chinese Americans. The aim is through fun and engaging events, to encourage attendees to take action for themselves, for others, and for their community.

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
$141K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $151K a year · 20% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$141K
to officers and key staff · 25% of spending
Worth a look: pay to officers and key staff is 25% of spending; over 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $155K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1K
1.0% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$604K
+237% vs prior year
Spent
$575K
To programs
98%
Net assets
$114K
By yearFY2023–FY2025
Revenue
$604K
FY2024▲ +237%
Tap a bar for its year
Revenue by fiscal year
FY2023$179K
FY2024$604K
FY2025$920K
Expenses
$575K
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2023Not on file
FY2024$575K
FY2025$647K
Net assets
$114K
FY2024▲ +35%
Tap a bar for its year
Net assets by fiscal year
FY2023$84K
FY2024$114K
FY2025$387K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2022.

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

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $562K Management & general 2% · $12K

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

3 people listed on the 990; $141K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$81,760Pt VII · Sec A
$59,400Pt VII · Sec A
$0Pt VII · Sec A

Amanda Lee’s $116K as CEO is at the 90th percentile of top reported officer pay among 1265 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023
Amanda Lee$115,680$81,760$5,000
Susan Wang$94,200$59,400—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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

Increases vaccine uptake, disseminates wildfire safety, and expands mental health access for older adults.

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Provided by the organization

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2 programs · $562K · in their own filed words · FY2023
01

To support an array of vaccination education and promotion activities , including community vaccine clinics, in-home vaccinations, transportation to vaccination sites, volunteer training/recognition, partner organizations efforts, vaccine incentives, and in-language outreach and education for older adults and people with disabilities.

$444Kprogram expense
02

Connecting people, information, resources, and communities to enrich the lives of 12,000 older adults with limited English proficiency. Committed to promoting independence and enhancing the quality of life for seniors and their families by providing exceptional services.

$118Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
UsagingFY2024$142K
Total grants receivedfrom 2 funders$155K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$604K
Ln 12
Gifts and grantsLn 1h$604K
Money outPt IX
$575K
Ln 25
Programscol B$562K
Managementcol C$12K
Owns and owesPt X
$114K
net assets · Ln 32
Cash and savingsLn 1–2$115K
Total assetsLn 16$115K
LiabilitiesLn 26$1K
PeoplePt VI, VII
3
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$604K
Government grantsLn 1e$535K
Gains on assetsLn 7$0
Total revenueLn 12$604K
Assets in detailPt X, end of year
CashLn 1$115K
SavingsLn 2$0
Cash and savings togetherLn 1–2$115K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$1
Total assetsLn 16$115K
LiabilitiesLn 26$1K
Net assetsLn 32$114K
OperationsPt I, VI
EmployeesI 54
VolunteersI 621
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
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$84K$115K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$84K$115K
LiabilitiesLn 26$0$1K
Net assetsLn 32$84K$114K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$141K$141K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$58K$58K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$8K$8K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$4K$4K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$249K$249K
Advertising and promotionLn 12$51K$51K
Office expensesLn 13$1K$807$236
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$36K$27K$9K
TravelLn 17$8K$8K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$6K$4K$2K
Other expenses (24a–d)Ln 24$12K$11K$489
All other expensesLn 24e$788$23$765
Total functional expensesLn 25$575K$562K$12K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $920K$647K$273K$387K 990 PDF
FY2024 Viewing $604K$575K$29K$114K 990 PDF
FY2023 $179K$84K 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 $604,288 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $179,270$604,288
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $179,270$604,288
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $6,288$207,479
I-16a Professional fundraising feesPrior year $20,234$0
I-17 Other expensesPrior year $60,330$367,339
I-18 Total expensesPrior year $86,852$574,818
I-19 Revenue less expensesPrior year $92,418$29,470
Part VI · Governance 0 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
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
Part VIII · Statement of revenue $604,288 across 9 lines filed
VIII-1e Government grants$535,183
VIII-1f All other contributions, gifts and grants$69,105
VIII-1h Total contributions, gifts and grants$604,288
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$604,288
Part IX · Statement of functional expenses $574,818 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $141,160$141,160
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $57,900$57,900
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $8,419$8,419
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $4,090$4,090
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $249,078$249,078
IX-12 Advertising and promotionPrograms $50,947$50,947
IX-13 Office expensesPrograms $807 · Management $236$1,043
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $26,921 · Management $9,296$36,217
IX-17 TravelPrograms $7,817$7,817
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $3,870 · Management $1,648$5,518
IX-24 Other expenses (24a–d)Programs $11,352 · Management $489$11,841
IX-24e All other expensesPrograms $23 · Management $765$788
IX-25 Total functional expensesPrograms $562,384 · Management $12,434 · Fundraising $0$574,818
Part X · Balance sheet $114,791 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $84,213$114,790
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$1
X-16 Total assetsStart of year $84,213$114,791
X-17 Accounts payable and accrued expenses$1,108
X-26 Total liabilitiesStart of year $0$1,108
X-28 Net assets with donor restrictionsStart of year $84,213$113,683
X-32 Total net assets or fund balancesStart of year $84,213$113,683
X-33 Total liabilities and net assetsStart of year $84,213$114,791
Part XI · Reconciliation of net assets $113,683 net assets at year end
XI-1 Total revenue$604,288
XI-2 Total expenses$574,818
XI-3 Revenue less expenses$29,470
XI-4 Net assets at start of year$84,213
XI-10 Net assets at end of year$113,683

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

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