Civic Intelligence

Happy Hollow Corporation

990 • Fiscal year 2023 • EIN 23-7219471

Jul 01, 2022 to Jun 30, 2023 • Filed on May 03, 2024

1300 Senter RoadSan Jose, CA 95112

(408) 277-3498

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

54th percentile

0.03x

Higher debt load relative to assets than 54% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

56th percentile

0.03x

Higher debt load relative to revenue than 56% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

47th percentile

2.8%

Higher net margin than 47% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

84th percentile

$89,716

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

44th percentile

1.5%

Faster asset growth than 44% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

20th percentile

-16%

Faster revenue growth than 20% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$872,974

Up $12,893 (+1.5%) from 2022

Net Assets

Up

$850,575

Up $19,788 (+2.4%) from 2022

Liabilities

Down

$22,399

Down $6,895 (-24%) from 2022

Revenue

Down

$687,844

Down $126,999 (-16%) from 2022

Expenses

Down

$668,760

Down $43,039 (-6.0%) from 2022

Net Income

Down

$19,084

Down $83,960 (-81%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2017: $486,200Liabilities 2017: $20,162Net Assets 2017: $466,0382017Assets 2018: $357,697Liabilities 2018: $24,613Net Assets 2018: $333,0842018Assets 2019: $424,216Liabilities 2019: $21,865Net Assets 2019: $402,3512019Assets 2020: $490,399Liabilities 2020: $49,201Net Assets 2020: $441,1982020Assets 2021: $772,144Liabilities 2021: $44,626Net Assets 2021: $727,5182021Assets 2022: $860,081Liabilities 2022: $29,294Net Assets 2022: $830,7872022Assets 2023: $872,974Liabilities 2023: $22,399Net Assets 2023: $850,5752023Assets 2024: $1,166,151Liabilities 2024: $30,697Net Assets 2024: $1,135,4542024

Highlighted filing

2023

Assets$872,974
Liabilities$22,399
Net Assets$850,575

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2017: $648,182Expenses 2017: $704,913Net Income 2017: -$56,7312017Revenue 2018: $530,987Expenses 2018: $664,316Net Income 2018: -$133,3292018Revenue 2019: $605,788Expenses 2019: $536,521Net Income 2019: $69,2672019Revenue 2020: $597,926Expenses 2020: $559,382Net Income 2020: $38,5442020Revenue 2021: $622,352Expenses 2021: $336,297Net Income 2021: $286,0552021Revenue 2022: $814,843Expenses 2022: $711,799Net Income 2022: $103,0442022Revenue 2023: $687,844Expenses 2023: $668,760Net Income 2023: $19,0842023Revenue 2024: $886,800Expenses 2024: $602,061Net Income 2024: $284,7392024

Highlighted filing

2023

Revenue$687,844
Expenses$668,760
Net Income$19,084
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 3, 2024
Return Version
2022v5.0
Gross Receipts
$695,982
Mission and Program Overview

Mission

HAPPY HOLLOW FOUNDATION, (the Foundation) is a non-profit California public benefit corporation, founded in 1958, located in Kelley Park, San Jose. HAPPY HOLLOW FOUNDATION is an ambassador of the Happy Hollow Park and Zoo, supporting a sustainable environment for play and creativity while ensuring the magic of the Park and Zoo continue to thrive. HAPPY HOLLOW FOUNDATION is dedicated to advocating, supporting and enhancing the Happy Hollow Park and Zoo, the focus of which is to engage individual donors, foundations, corporations and government agencies in helping to advance the Park and Zoo.

The Organization was formed to raise funds to support the Happy Hollow Park and Zoo.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$678,789$685,005▲ $6,216
Savings and Temporary Cash Investments$152,597$157,953▲ $5,356
Pledges and Grants Receivable$18,120$24,748▲ $6,628
Investments Other Securities$4,324$3,305▼ $1,019
Prepaid Expenses and Deferred Charges$6,251$1,963▼ $4,288
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$860,081$872,974▲ $12,893
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$29,294$22,399▼ $6,895
Total Liabilities$29,294$22,399▼ $6,895
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$658,470$698,789▲ $40,319
Net Assets With Donor Restrictions$172,317$151,786▼ $20,531
Total Net Assets Fund Balance$830,787$850,575▲ $19,788
Total Liabilities and Net Assets / Fund Balance$860,081$872,974▲ $12,893
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy PizarroExecutive DirectorFT$84,664$5,052$89,716
Rhonda NourseExecutive DirectorFT$31,052$1,734$32,786

Board Members and Trustees

NameTitle
Kirk WalukiewiczPast President
Shannon WassPresident
Amy WinkleblackVice President
Anne PaiBoard Member
Camie VanKeurenBoard Member
Jennifer Van EveryBoard Member
Kristin MirekBoard Member
Rou de WaalBoard Member
Sonia AviluceaBoard Member
Lea LindTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$640,570
Program Service Revenue
$0
Investment Income
$374
Other Revenue
$46,900
All Other Contributions
$505,932
Change in Net Assets
$19,084
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$301,906
Salaries, Compensation, and Employee Benefits$268,855
Grants and Similar Amounts Paid$97,999
Total Fundraising Expense$56,448
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$95,277$11,703$17,555$124,535
Current Officers, Directors, Trustees, and Key Employees$91,002$12,134$18,200$121,336
Grants to Domestic Orgs$72,999--$72,999
Fees for Services Other$53,323$1,970$2,661$57,954
Insurance$21,586$5,834$4,318$31,738
Advertising$24,934$943$1,729$27,606
Foreign Grants$25,000--$25,000
Office Expenses$7,839$8,196$8,319$24,354
Fees for Services Accounting-$23,045-$23,045
Payroll Taxes$15,864$2,115$3,173$21,152
Other Expenses$19$7,398$49$7,417
Fees for Services Legal-$5,032-$5,032
Travel-$3,531$169$3,700
All Other Expenses-$3,150-$3,150
Conferences and Meetings-$1,909-$1,909
Other Employee Benefits$1,557-$275$1,832
Total Functional Expenses$525,337$86,975$56,448$668,760
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Wildlife Conservation NetworkSan Francisco, CA501(c)(3)Wildlife Conservation$32,680
Council of ContributorsBrooklyn Park, MN501(c)(3)conservation support$22,000
CAF AmericaAlexandria, VA501(c)(3)Donation to Virunga Rangers$18,319

International Summary

Spending
$25,000

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-Saharan AfricaGrantmaking-00$25,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$55,038
Fundraising Direct Expenses$8,138
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Boo at the Zoo$45,647$37,147$760$36,387
Happiest Auction$30,704$17,891$4,102$13,789
Total Events$76,351$55,038$8,138$46,900
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The Treasurer reviews the 990 with the Board of Directors at a regularly scheduled Board meeting prior to filing the form.

Form 990, Part VI, Section B, Line 12C

In connection with any actual or possible conflict of interest, any Interested Person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the Foundation's Board of Directors and all members of committees with Board of Director-delegated powers considering the proposed transaction or arrangement.

Form 990, Part VI, Section B, Line 15A

The ED's compensation is determined by the Board of Directors. The compensation package was developed by reviewing market surveys which provided compensation ranges based on comparable non-profit organizations, location, organization size and the ED's responsibility level. The Board also took into consideration the relationship of the ED compensation to the compensation of other employees, the complexity of the organization and its size, the job responsibilities of the ED, the individual's salary history, and the organization's need for such services.

Form 990, Part VI, Section B, Line 15B

Compensation for other employees is determined by the ED based on the skill and experience needed as well as performance of the individual. Compensation for comparable positions in other organizations is reviewed.

Form 990, Part VI, Section C, Line 19

The Organization makes its governing documents available to the public via the internet through the guidestar website or via directly upon request.

Filing and Contact Details

Filer

Filer Name
Happy Hollow Foundation
EIN
23-7219471
Phone
4082773498
Address
1300 Senter Road, San Jose, CA 95112

Signing Officer

Name
Rhonda Nourse
Title
Executive Director
Signed
2024-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rhonda Nourse
Formed
1958
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
4
Volunteers
13

Preparer

Firm
Iryna AC
Address
1000 Broadway Ste 200-C, Oakland, CA 94607
Preparer
Iryna Oreshkova CPA
Phone
5104679506
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IRS990/MissionDesc0HAPPY HOLLOW FOUNDATION is an ambassador of the Happy Hollow Park and Zoo, supporting a sustainable environment for play and creativity while ensuring the magic of the Park and Zoo continue to thrive. HAPPY HOLLOW FOUNDATION is dedicated to advocating, supporting and enhancing the Happy Hollow Park and Zoo, the focus of which is to engage individual donors, foundations, corporations and government agencies in helping to advance the Park and Zoo.
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