HappiMinds Foundations Inc (EIN 822633468) - 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

2017

Legal Domicile

Principal Officer

Diane F Smith

Phone

2025445395

Tax Period

2024-01-01 to 2024-12-31

HappiMinds Foundations Inc, founded in 2017, is a micro nonprofit in the Human Services sector that reported $21K in total revenue in fiscal year 2024. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4K, a strong 18% operating margin.

Mission

To assist the public in finding their purpose in life in order to have and maintain a happy, fruitful and purposeful life.

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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 $17,528

Program Service Revenue $3,576

Investment Income $197

Other Revenue $0

TOTAL REVENUE $21,301

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $17,528

Other Expenses $17,528

TOTAL EXPENSES $17,528

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,301	$13,840	+0.5%
Expenses	$17,528	$10,197	+0.7%
Net Income	$3,773	$3,643	+0.0%

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

N/A

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
Linda Clemons	Director	5.00	Director	$0	$0	$0
Joshua I Smith	Secretary and Treasurer	20.00	Officer Director	$0	$0	$0
Diane F Smith	President & CEO	40.00	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	$21,301	$17,528	$12,618	$3,773
2023	$13,840	$10,197	$8,845	$3,643
2022	$9,999	$9,699	$5,202	$300
2021	$14,932	$15,931	$4,902	$-999
2020	$14,165	$15,106	$3,851	$-941
2019	$16,802	$16,802	$4,800	No data
2018	$15,885	$11,085	$4,800	$4,800

HappiMinds Foundations Inc