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Nonprofit · EIN 51-0236530

HAPPY HILL FARM CHILDRENS HOME INC

Tax-exempt · GRANBURY, TX 76048

Financials

$6.3M$6.7M2023$5.8M$6.6M2024$5.7M$6.7M2025
Revenue Expenses · by fiscal year end
Financials of HAPPY HILL FARM CHILDRENS HOME INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$5,726,181$6,678,184-$952,003$15,406,051$0$15,406,051
December 31, 2024990$5,843,552$6,646,778-$803,226$16,358,054$0$16,358,054
December 31, 2023990$6,253,991$6,707,023-$453,032$17,162,404$1,124$17,161,280
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$4,352,734
Program service revenue
$353,433
Investment income
$0
Other revenue
$1,020,014

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$270,900
Other salaries and wages
$2,548,717
Salaries, compensation and benefits (total)
$3,035,318
Professional fundraising fees
$0
Accounting fees
$18,156
Travel
$2,641
Depreciation
$939,196
Program services (functional)
$6,228,501
Management and general (functional)
$222,536
Fundraising (functional)
$227,147

Balance sheet and other

Total assets, start of year
$16,358,054
Total assets, end of year
$15,406,051
Total liabilities, end of year
$0
Net assets, end of year
$15,406,051
Land, buildings and equipment
$14,997,543
Publicly traded securities
$253,522
Net assets without donor restrictions
$15,406,051
Gross receipts
$5,726,181
Employees
101
Volunteers
10
Year formed
1976
State of legal domicile
TX

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Lucas ShipmanDevelopment Off
Officer
55$95,900
Charles E Shipman JrCOO
Trustee or director, Officer
60$87,500
Todd L ShipmanPresident
Trustee or director, Officer
60$87,500
Dale C RogersDirector
Trustee or director
1$0
John GesekDirector
Trustee or director
1$0
Sharon GilesDirector
Trustee or director
1$0
Gary C MartinDirector
Trustee or director
1$0
Dr O Z HelmerDirector
Trustee or director
1$0
Tom MillerDirector
Trustee or director
1$0
Truitt B GarrisonDirector
Trustee or director
1$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
Dale C RogersDirector
Trustee or director
1$0
John GesekDirector
Trustee or director
1$0
Sharon GilesDirector
Trustee or director
1$0
Gary C MartinDirector
Trustee or director
1$0
Dr O Z HelmerDirector
Trustee or director
1$0
Tom MillerDirector
Trustee or director
1$0
Charles E Shipman JrCOO
Trustee or director, Officer
60$0
Todd L ShipmanPresident
Trustee or director, Officer
60$0
Truitt B GarrisonDirector
Trustee or director
1$0
Lucas ShipmanDevelopment Off
Officer
55$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Lucas ShipmanDevelopment Off
Officer
55$89,900
Charles E Shipman JrCOO
Trustee or director, Officer
60$79,000
Todd L ShipmanPresident
Trustee or director, Officer
60$79,000
Dale C RogersDirector
Trustee or director
1$0
John GesekDirector
Trustee or director
1$0
Sharon GilesDirector
Trustee or director
1$0
Gary C MartinDirector
Trustee or director
1$0
Dr O Z HelmerDirector
Trustee or director
1$0
Tom MillerDirector
Trustee or director
1$0
Truitt B GarrisonDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3846 N HIGHWAY 144, GRANBURY, TX 76048-7811
Principal officer (990 for 2025)
Todd L Shipman, 3846 N HIGHWAY 144, GRANBURY, TX 76048
Signed the 990
Todd L Shipman, President
Phone
(254) 897-4822
Return prepared by
David F Barringer CPA

Mission

The purpose of the Home is to prepare students for advanced education through a rigorous, college-preparatory educational program taught within a Christian worldview framework. Students are also prepared for life as informed, ethical, moral and productive citizens through a host of other opportunities that promote intellectual, social, and emotional growth.

990 for the year ended December 31, 2025

Program accomplishments

  • Children's Home-Provides shelter and food for children
    Expenses $3,680,903
  • Academy-Provides classroom instruction for children
    Expenses $2,252,174
  • Farm-Provides food and training for children
    Expenses $295,424

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0236530
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1975
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P730)
Assets (IRS master file)
$15,406,051
Income (IRS master file)
$5,726,181

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$5,726,181$6,678,184$15,406,051XML
990December 2024$5,843,552$6,646,778$16,358,054XML
990December 2023$6,253,991$6,707,023$17,162,404XML
990December 2022$5,573,136$6,573,865$17,614,312IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 51-0236530).

Questions about HAPPY HILL FARM CHILDRENS HOME INC

What is the EIN of HAPPY HILL FARM CHILDRENS HOME INC?
The employer identification number (EIN) of HAPPY HILL FARM CHILDRENS HOME INC is 51-0236530.
Is HAPPY HILL FARM CHILDRENS HOME INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
Are donations to HAPPY HILL FARM CHILDRENS HOME INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HAPPY HILL FARM CHILDRENS HOME INC 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 HILL FARM CHILDRENS HOME INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HAPPY HILL FARM CHILDRENS HOME INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of HAPPY HILL FARM CHILDRENS HOME INC?
The 990 for the year ended December 31, 2025 names Todd L Shipman.
Who are the officers and directors of HAPPY HILL FARM CHILDRENS HOME INC?
The 990 for the year ended December 31, 2025 lists 10 people; 3 received compensation from the organization, the highest $95,900 (Lucas Shipman, Development Off).
How much revenue does HAPPY HILL FARM CHILDRENS HOME INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $5,726,181, expenses of $6,678,184 and total assets of $15,406,051 at year end.

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