The Way To Happiness Foundation International
- Assets
- $99.7k
- Revenue
- $425.8k
- Investments
- $0.0
- Employees
- 13
- Location
- Glendale, CA
- Founding
- 10/1993
- Data as of
- 12/2022
- EIN
- 95-3937092
Organization Overview
The Way To Happiness Foundation International is located in Glendale, CA. The organization was established in 1993. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Way To Happiness Foundation International employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Way To Happiness Foundation International is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Way To Happiness Foundation International generated $425.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $546.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO REVERSE THE MORAL DECAY IN SOCIETY BY RESTORING TRUST AND HONESTY IN THE WORLD THROUGH THE PUBLICATION AND DISTRIBUTION OF A NONRELIGIOUS COMMON SENSE MORAL CODE, "THE WAY TO HAPPINESS".
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTION OF "THE WAY TO HAPPINESS". THE WAY TO HAPPINESS FOUNDATION'S ("TWTH") PURPOSE IS TO REVERSE THE MORAL DECAY IN SOCIETY BY RESTORING TRUST AND HONESTY IN THE WORLD THROUGH EDUCATION AND THE DISSEMINATION OF A NONRELIGIOUS COMMON SENSE MORAL CODE: "THE WAY TO HAPPINESS," WHICH CONSISTS OF 21 ILLUSTRATED PRECEPTS SUCH AS "LOVE AND HELP CHILDREN", "HONOR AND HELP YOUR PARENTS", "SET A GOOD EXAMPLE", AND "RESPECT THE RELIGIOUS BELIEFS OF OTHERS". THE BOOK IS AVAILABLE IN 118 LANGUAGES AND OVER 225 NEW CUSTOM COVERS FOR THE WAY TO HAPPINESS BOOKLET WERE PRODUCED IN 2022.
THE WAY TO HAPPINESS SERVICES AND CAMPAIGNS. THE WAY TO HAPPINESS FOUNDATION PROVIDED CHARACTER EDUCATION ONLINE COURSES AND SEMINARS, INFORMATION KITS AND EDUCATOR MATERIALS TO STUDENTS,TEACHERS, PARENTS,BUSINESSES AND CORRECTION FACILITIES INTERNATIONALLY INCLUDING IN THE UNITED STATES, CANADA, UK, EUROPE, LATIN AND CENTRAL AMERICA, AFRICA, ASIA, AND AUSTRALIA. PUBLIC CAMPAIGNS WERE CONDUCTED TO RAISE AWARENESS ABOUT MORAL BEHAVIOR, ESPECIALLY AMONGST YOUTH, THROUGH PUBLIC SERVICE ANNOUNCEMENTS CONTESTS, ENVIRONMENTAL CLEAN-UP DRIVES, WORKSHOPS, LECTURES, AND OTHER COMMUNITY ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joni Ginsberg Director,pre | OfficerTrustee | 60 | $85,615 |
Shannon Walker Director,sec | OfficerTrustee | 5 | $0 |
Travis Weber Director, Tr | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $59,377 |
| All other contributions, gifts, grants, and similar amounts not included above | $271,836 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $331,213 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $71,782 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $22,809 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $425,804 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,127 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $85,616 |
| Compensation of current officers, directors, key employees. | $21,404 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $92,965 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,000 |
| Payroll taxes | $14,301 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $675 |
| Fees for services: Accounting | $15,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $41,254 |
| Office expenses | $81,418 |
| Information technology | $0 |
| Royalties | $50,893 |
| Occupancy | $62,972 |
| Travel | $4,553 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,414 |
| Insurance | $0 |
| All other expenses | $50,203 |
| Total functional expenses | $546,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,350 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $22,492 |
| Prepaid expenses and deferred charges | $2,217 |
| Net Land, buildings, and equipment | $6,674 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $99,733 |
| Accounts payable and accrued expenses | $238,228 |
| Grants payable | $0 |
| Deferred revenue | $7,148 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $245,376 |
| Net assets without donor restrictions | -$145,643 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $99,733 |