HAPPY JACKS INC (EIN 471138228) - 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

2014

Legal Domicile

Phone

8303674614

Tax Period

2024-01-01 to 2024-12-31

HAPPY JACKS INC, founded in 2014, is a small nonprofit in the Education sector that reported $908K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring.

Mission

HAPPY JACKS LEARNING CENTER IS A LICENSED DAYCARE FACILITY PROVIDING A QUALITY LEARNING ENVIRONMENT FOR APPROXIMATELY 75-95 CHILDREN EVERY WEEK. FAMILIES ARE ACCEPTED WITHOUT REGARD TO ANY SOCIAL, ECONOMIC, RACIAL OR OTHER BARRIERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $251,634

Program Service Revenue $656,475

Investment Income $0

Other Revenue $0

TOTAL REVENUE $908,109

Expense Breakdown

Grants Paid $0

Salaries & Benefits $575,192

Fundraising Expenses $0

Program Expenses $962,703

Other Expenses $387,511

TOTAL EXPENSES $962,703

Year-over-Year Comparison

	2024	2023	Change
Revenue	$908,109	$1,223,913	-0.3%
Expenses	$962,703	$1,250,076	-0.2%
Net Income	$-54,594	$-26,163	+1.1%

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

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

$34,694

Total Directors

$115,888

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VALARIE CADENHEAD	EXECUTIVE DIRECTOR	40.00	Director	$81,194	$0	$81,194
ROBBIE CADENHEAD	PRESIDENT	25.00	Officer Director	$34,694	$0	$34,694
WILLIAM D PATTERSON	VICE PRESIDENT	1.00	Officer	$0	$0	$0
JENNIFER HOUGHTON	SECRETARYTREASURER	1.00	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
2024	$908,109	$962,703	$100,277	$-54,594
2023	$1,223,913	$1,250,076	$163,852	$-26,163
2022	$1,450,113	$1,344,096	$179,374	$106,017
2021	$963,266	$921,784	$178,182	$41,482
2020	$801,822	$838,225	$121,154	$-36,403
2019	$770,362	$769,121	$73,391	$1,241
2018	$660,344	$671,466	$83,297	$-11,122

HAPPY JACKS INC