HAPPY WHEELS INC (EIN 453147494) - Form 990 Financial Analysis & Trantor Score

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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

2011

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

HAPPY WHEELS INC, founded in 2011, is a small nonprofit in the Diseases & Disorders sector that reported $359K in total revenue in fiscal year 2023. Revenue surged 149% from the prior year, signaling strong growth momentum. The organization ran a surplus of $107K, a strong 30% operating margin.

Mission

TO VISIT WITH AND DISTRIBUTE TOYS AND BOOKS TO INPATIENT CHILDREN AT MUSC CHARLESTON GREENVILLE MEMORIAL CHILDRENS HOSPITAL AND PALMETTO HEALTH CHILDRENS HOSPITAL COLUMBIA SC. OUR GOAL IS TO VISIT THESE CHILDREN 52 WEEKS A YEAR.

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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 (2023)

Revenue Breakdown

Contributions & Grants $359,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $359,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $94,444

Fundraising Expenses $0

Program Expenses $203,679

Other Expenses $157,273

TOTAL EXPENSES $251,717

Year-over-Year Comparison

	2023	2022	Change
Revenue	$359,000	$144,064	+1.5%
Expenses	$251,717	$179,495	+0.4%
Net Income	$107,283	$-35,431	-4.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RENEE DUNLAP	BOARD MEMBER	0.00	Director	$0	$0	$0
ASHLEY MEIJERINK	BOARD MEMBER	0.00	Director	$0	$0	$0
JENNIFER CLUVERIUS	PRESIDENT OF BOARD	1.00	Director	$0	$0	$0
TRACEY L RANKIN	PRESIDENT CORP VP BOARD DIREC	48.00	Officer Director	$0	$0	$0
JUDY H BRINDEL	SECRETARY TREASURER	10.00	Officer	$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$359,000	$251,717	$357,788	$107,283
2022	$144,064	$179,495	$250,505	$-35,431
2021	$255,481	$170,967	$285,936	$84,514
2020	$160,904	$124,799	$201,422	$36,105
2019	$276,092	$198,505	$165,317	$77,587

HAPPY WHEELS INC