HAPPY HAVEN HOMES INC

EIN: 721181524 501(c)(3) Mental Health

HAMMOND, LA

Total Revenue
$1,594,340
Total Expenses
$1,659,098
Total Assets
$994,795
Net Assets
$588,150
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
LA
Principal Officer
Cassandra Smith
Phone
9855430574
Tax Period
2023-07-01 to 2024-06-30

HAPPY HAVEN HOMES INC, founded in 1991, is a community nonprofit in the Mental Health sector that reported $1.6M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

Happy Haven Inc. provides assistance for individuals who are not capable of living alone. The organization teaches clients various skills both inside and outside of the home

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,594,340
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,594,340

Expense Breakdown

Grants Paid $0
Salaries & Benefits $828,181
Fundraising Expenses $0
Program Expenses $998,921
Other Expenses $830,917
TOTAL EXPENSES $1,659,098

Year-over-Year Comparison

2023 2022 Change
Revenue $1,594,340 $1,733,010 -0.1%
Expenses $1,659,098 $1,512,999 +0.1%
Net Income $-64,758 $220,011 -1.3%
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
7
Independent Members
7
Employees
40
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
$174,100
Total Directors
4
$174,100
Key Employees
2
$174,100
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cassandra Smith President/Secretary 50.00
Officer Director Key Emp
$95,500 $0 $95,500
Randall Smith Vice President 40.00
Officer Director Key Emp
$78,600 $0 $78,600
Sheldrick Bickham Board Member 5.00
Director
$0 $0 $0
Tim Carron Board Member 15.00
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 $1,594,340 $1,659,098 $994,795 $-64,758
2023 $1,733,010 $1,512,999 $1,122,553 $220,011
2022 $1,595,051 $1,427,880 $896,812 $167,171
2021 $1,455,087 $1,330,925 $866,540 $124,162
2020 $1,405,225 $1,304,060 $732,826 $101,165
2019 $1,232,491 $1,316,315 $487,943 $-83,824
2018 $1,276,877 $1,205,005 No data $71,872
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