Nonprofit · EIN 95-0809370
HAPPY VALLEY FOUNDATION
Tax-exempt · OJAI, CA 93024
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,778,377 | $5,734,103 | $44,274 | $28,113,764 | $2,173,574 | $25,940,190 |
| June 30, 2024 | 990 | $6,754,446 | $6,495,408 | $259,038 | $28,153,923 | $2,258,007 | $25,895,916 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $278,475
- Membership dues
- $7,917
- Program service revenue
- $4,465,620
- Investment income
- $897,744
- Net gain from sales of assets
- $1
- Net income from sales of inventory
- $26,941
- Other revenue
- $136,538
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $2,673,831
- Salaries, compensation and benefits (total)
- $3,155,418
- Professional fundraising fees
- $0
- Legal fees
- $7,242
- Accounting fees
- $41,413
- Travel
- $182
- Depreciation
- $622,372
- Program services (functional)
- $4,662,626
- Management and general (functional)
- $1,071,477
Balance sheet and other
- Total assets, start of year
- $28,153,923
- Total assets, end of year
- $28,113,764
- Total liabilities, end of year
- $2,173,574
- Net assets, end of year
- $25,940,190
- Land, buildings and equipment
- $10,756,579
- Publicly traded securities
- $8,188,648
- Net assets without donor restrictions
- $25,333,914
- Net assets with donor restrictions
- $606,276
- Gross receipts
- $5,803,831
- Employees
- 71
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEXANDER C SMITH | – | 0 | $213,440 |
| PORTIA JOHNSON | – | 0 | $196,914 |
| TRACY C HOW TAM FAT | – | 0 | $105,829 |
| JENNIFER KISTLER | – | 0 | $102,087 |
| MARYANN CORD | Trustee Trustee or director | 5 | $0 |
| DEBRA DENNISTON | Trustee Trustee or director | 5 | $0 |
| WILLIAM B KAPLAN | Trustee Trustee or director | 5 | $0 |
| MOUSSA SY | Trustee Trustee or director | 5 | $0 |
| JOHN YEN | Trustee Trustee or director | 5 | $0 |
| SIRR LESS | Trustee Trustee or director | 5 | $0 |
| ALEX SMITH | CEO Officer | 20 | $0 |
| PORTIA JOHNSON | Trustee Officer | 5 | $0 |
| TINA LESLIE | CFO Officer | 10 | $0 |
| DEREK WOODS | Vice Chairperso Officer | 5 | $0 |
| KEVIN WALLACE | Secretary Officer | 5 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LINDA HARDMAN | Chairperson Officer | 10 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANNIE SAUNDERS | Trustee Trustee or director | 5 | $0 |
| MARYANN CORD | Trustee Trustee or director | 5 | $0 |
| PORTIA JOHNSON | Trustee Trustee or director | 5 | $0 |
| TINA LESLIE | Trustee Trustee or director | 5 | $0 |
| WILLIAM B KAPLAN | Trustee Trustee or director | 5 | $0 |
| MOUSSA SY | Trustee Trustee or director | 5 | $0 |
| ALEX SMITH | CEO Officer | 5 | $0 |
| DEREK WOODS | Vice President Officer | 5 | $0 |
| KEVIN WALLACE | Secretary Officer | 5 | $0 |
| LINDA HARDMAN | President Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 804, OJAI, CA 93024-0804
- Signed the 990
- ALEX SMITH, CEO
- Return prepared by
- Jacobs & Jacobs Accountancy Corp
California records
California keeps its own records of charities and corporations. Search them by EIN 95-0809370 or by the name HAPPY VALLEY FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
Foster educational centers that nurture individual intellectual and artistic growth, centered on preserved California land, where all forms of life are respected.
Program accomplishments
- THE FOUNDATION EDUCATES APPROXIMATELY 100 STUDENTS FROM THE NINTH THROUGH TWELFTH GRADE, OPERATES A CENTER FOR THE ARTS HOSTING WORKSHOPS AND EVVENTS PROMOTING VARIOUS ART FORMS, AND PRESERVES APPROXIMATELY 500 ACRES OF OPEN SPACE AND NATURAL RESOURCES.Expenses $4,662,626
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 95-0809370
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1949
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B25Z)
- Assets (IRS master file)
- $28,113,764
- Income (IRS master file)
- $5,803,831
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,778,377 | $5,734,103 | $28,113,764 | IRS |
| 990 | June 2024 | $6,754,446 | $6,495,408 | $28,153,923 | XML |
| 990 | June 2023 | $9,798,640 | $5,553,565 | $28,453,210 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 95-0809370).
Questions about HAPPY VALLEY FOUNDATION
- What is the EIN of HAPPY VALLEY FOUNDATION?
- The employer identification number (EIN) of HAPPY VALLEY FOUNDATION is 95-0809370.
- Is HAPPY VALLEY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1949.
- Are donations to HAPPY VALLEY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HAPPY VALLEY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HAPPY VALLEY FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HAPPY VALLEY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of HAPPY VALLEY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 16 people; 4 received compensation from the organization, the highest $213,440 (ALEXANDER C SMITH).
- How much revenue does HAPPY VALLEY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,778,377, expenses of $5,734,103 and total assets of $28,113,764 at year end.
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