HAPPY FEET SOCCER ACADEMY INC

EIN: 465348676 501(c)(3)

Pico Rivera, CA

Total Revenue
$65,566
Total Expenses
$55,819
Total Assets
$74,891
Net Assets
$19,072
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
CA
Principal Officer
FRANK LOPEZ
Tax Period
2018-01-01 to 2018-12-31

HAPPY FEET SOCCER ACADEMY INC, founded in 2014, is a micro nonprofit that reported $66K in total revenue in fiscal year 2018. Revenue decreased 14% compared to the prior year. Expenses of $56K left a modest 15% surplus.

Mission

This corporation is a nonprofit Public Benefit Corporation and is not organized for private gain of any person. The specific purpose is to reach the life of kids through education, fitness and team sports and to promote the growth and development of the children.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $65,566
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $65,566

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $55,819
Other Expenses $55,819
TOTAL EXPENSES $55,819

Year-over-Year Comparison

2018 2017 Change
Revenue $65,566 $76,574 -0.1%
Expenses $55,819 $31,559 +0.8%
Net Income $9,747 $45,015 -0.8%
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

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
30

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANK LOPEZ PRESIDENT AND FOUNDER 32.00
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
2018 $65,566 $55,819 $74,891 $9,747
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