PROJECT HAPPINESS

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

RANDY TARAN

Phone

8557742779

Tax Period

2020-01-01 to 2020-12-31

PROJECT HAPPINESS, founded in 2008, is a micro nonprofit in the Education sector that reported $33K in total revenue in fiscal year 2020. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $54K exceeded revenue, resulting in a 62% operating deficit.

Mission

CREATE AND PROVIDE EMOTIONAL RESILIENCE-BUILDING PROGRAMS FOR PEOPLE OF ANY AGE AND ENDORSED BY PUBLIC SCHOOLS, PRIVATE INSTITUTIONS AND UNIVERSITIES AROUND THE US AND THE WORLD. OUR PURPOSE IS TO PROVIDE PROVEN TECHNIQUES TO CULTIVATE ONE'S OWN AUTHENTIC HAPPINESS.

Program Service Accomplishments

Program 1

Expenses: $44,345 Revenue: $11,189

EMPOWERING CHILDREN, FAMILIES AND COMMUNITIES TO CREATE HAPPIER, MORE MEANINGFUL LIVES THROUGH BOOKS, FILM AND EDUCATIONAL PROGRAMS THAT TEACH VITAL SOCIAL AND EMOTIONAL SKILLS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $22,280

Program Service Revenue $12,252

Investment Income $0

Other Revenue $-1,063

TOTAL REVENUE $33,469

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,875

Fundraising Expenses $400

Program Expenses $44,345

Other Expenses $39,254

TOTAL EXPENSES $54,129

Year-over-Year Comparison

	2020	2019	Change
Revenue	$33,469	$212,915	-0.8%
Expenses	$54,129	$232,474	-0.8%
Net Income	$-20,660	$-19,559	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID TARAN	BOARD MEMBER	3.00	Director	$0	$0	$0
MELISSA HOLLATZ	BOARD MEMBER	3.00	Director	$0	$0	$0
RANDY TARAN	CHAIRMAN	5.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2020	$33,469	$54,129	$52,962	$-20,660
2019	$212,915	$232,474	$82,755	$-19,559
2018	$335,046	$308,157	$98,080	$26,889