HAPPY SONSHIP

EIN: 821031357 501(c)(3) International Affairs

Vega Baja, PR

Total Revenue
$1,071,232
Total Expenses
$1,096,736
Total Assets
$521,263
Net Assets
$436,482
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NC
Principal Officer
Carlos Rodriguez
Phone
9198094353
Tax Period
2023-01-01 to 2023-12-31

HAPPY SONSHIP, founded in 2017, is a community nonprofit in the International Affairs sector that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

Our mission is to promote the rights of every person, especially the families most disadvantaged of our country; such as the elderly, children, single mothers, individuals with a functional disability; since everyone deserves to enjoy a dignified and full life with equal opportunities to transform society, eradicate poverty and hunger.

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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 $409,796
Program Service Revenue $658,581
Investment Income $0
Other Revenue $2,855
TOTAL REVENUE $1,071,232

Expense Breakdown

Grants Paid $0
Salaries & Benefits $288,058
Fundraising Expenses $165,809
Program Expenses $528,728
Other Expenses $808,678
TOTAL EXPENSES $1,096,736

Year-over-Year Comparison

2023 2022 Change
Revenue $1,071,232 $1,348,297 -0.2%
Expenses $1,096,736 $1,185,911 -0.1%
Net Income $-25,504 $162,386 -1.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
4
Employees
11
Volunteers
15

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
$91,000
Total Directors
5
$91,000
Key Employees
1
$91,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carlos A Rodriguez President & Founder 40
Officer Director Key Emp Highest
$91,000 $0 $91,000
Yuki Tanaka Co-Founder & Exec. Asistant 20
Officer Director
$0 $0 $0
Kat Wilcox Member 5
Director
$0 $0 $0
Susan Jenson Member 5
Director
$0 $0 $0
Abdel Valenzuela Member 5
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 No data No data No data No data
2023 $1,071,232 $1,096,736 $521,263 $-25,504
2022 $1,348,297 $1,185,911 $588,677 $162,386
2021 $1,152,138 $1,168,909 $452,069 $-16,771
2020 $2,276,221 $1,468,750 $839,078 $807,471
2019 $658,420 $667,207 $29,387 $-8,787
2018 $696,558 $661,718 $38,174 $34,840
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