HAPPYS FARM INC

EIN: 270761094 501(c)(3) Human Services

SALISBURY, NC

Total Revenue
$250,536
Total Expenses
$250,715
Total Assets
$187,694
Net Assets
$187,694
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NC
Principal Officer
RHONDA STIREWALT
Phone
7047986800
Tax Period
2024-01-01 to 2024-12-31

HAPPYS FARM INC, founded in 2010, is a small nonprofit in the Human Services sector that reported $251K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

HAPPY'S FARM INC. IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES. SPECIFICALLY, THIS ORGANIZATION HAS BEEN FORMED TO INSTRUCT INDIVIDUALS FOR THE PURPOSE OF IMPROVING OR DEVELOPING THEIR CAPABLILITIES AND TO ADVANCE EDUCATION. OUR ORGANIZATION HAS DESIGNED AND DEVELOPED ONE (1) PROGRAM IN FURTHERANCE OF OUR PURPOSES. OUR PROGRAM IS ENTITLED: HAPPY'S FARM. THE PURPOSE OF THIS PROGRAM ARE TO INSTRUCT INDIVIDUALS FOR THE PURPOSE OF IMPROVING OR DEVELOPING THEIR CAPABILITIES AND TO ADVANCE EDUCATION. WE FURTHER OUR PURPOSES UNDER THIS PROGRAM BY SERVING DISADVANTAGED CHILDREN WITHIN THE COMMUNITY THROUGH EDUCATIONAL TUTORING AND AFTER-SCHOOL CARE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $152,238
Program Service Revenue $93,992
Investment Income $-179
Other Revenue $4,485
TOTAL REVENUE $250,536

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,710
Program Expenses $249,005
Other Expenses $250,715
TOTAL EXPENSES $250,715

Year-over-Year Comparison

2024 2023 Change
Revenue $250,536 $294,577 -0.1%
Expenses $250,715 $286,584 -0.1%
Net Income $-179 $7,993 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMILA CALDWELL SECRETARY N/A
Director
$0 $0 $0
COUNCIL WEDDINGTON JR DIRECTOR N/A
Director
$0 $0 $0
SHANNA MATLOCK TREASURER N/A
Officer Director
$0 $0 $0
DANNY MCGUIRE VICE PRESIDE N/A
Director
$0 $0 $0
KIM SHEEKS DIRECTOR N/A
Director
$0 $0 $0
RHONDA STIREWALT PRESIDENT N/A
Officer Director
$0 $0 $0
JAMES TREXLER DIRECTOR N/A
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
2024 $250,536 $250,715 $187,694 $-179
2023 $294,577 $286,584 $218,718 $7,993
2022 $240,425 $226,050 $210,731 $14,375
2021 $232,876 $244,630 $196,353 $-11,754
2020 $130,779 $144,810 $208,101 $-14,031
2019 $224,822 $233,624 $222,135 $-8,802
2018 $224,311 $175,453 $230,939 $48,858
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HAPPYS FARM INC with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.