Shah Happiness Foundation

Nonprofit profile at a glance

EIN
874549199
IRS 990-PF coverage
2022–2024
Forms available
Form 990-PF 2024
Location
Orange, CA, USA
Phone
7146857500
Rating
91
Verdict
STRONG
Rating confidence
Standard
Sector
Private Independent Foundations

Reported finances

Revenue
$11,009,666
Expenses
$877,493

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Private Independent Foundations

What it reported funding in 2024

The foundation reported 4 grants totaling $829,175. The stated grant purposes included to support the university of pennsylvania as a leading academic, research, and service institution., to carry out programs to improve the quality of school facilities, health centers and help people in poverty with food aid., and bharatiya vidya bhavan is a foreign organization. an equivalency determination was obtained from a qualified tax practitioner, confirming that bharatiya vidya bhavan is the equivalent of a u.s. public charity under irc section 501(c)(3) and qualifies as a public charity described in section 509(a)(1) and 170(b)(1)(a)(ii) of the internal revenue code. accordingly, expenditure responsibility was not required for this grant., plus 1 other reported purpose.

Operating model

Revenue model
Donor-supported. 98% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 95% of its reported charitable disbursements as grants.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. Assets provide a limited cushion relative to annual grants and the filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 94
  • Transparency: 100
  • Compliance: 98
  • Endowment Health: 22

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 97th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 94.5%; rating input score 94; 83rd percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 18 of 19 controls in place; rating input score 95
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Fail
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 11.25; rating input score 22; 22nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 22th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Endowment Health: Endowment-health comparison scored 22/100.
  • Review — Compliance: Part VII-B activity disclosures: Grants to organizations not reported.