MICHAELS HAPPINESS INC

EIN: 824525442 501(c)(3) Recreation & Sports

STATEN ISLAND, NY

Total Revenue
$54,415
Total Expenses
$23,962
Total Assets
$30,453
Net Assets
$30,453
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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
2018
Legal Domicile
NY
Principal Officer
DAYNA AZIZ
Tax Period
2018-01-01 to 2018-12-31

MICHAELS HAPPINESS INC, founded in 2018, is a micro nonprofit in the Recreation & Sports sector that reported $54K in total revenue in fiscal year 2018. The organization ran a surplus of $30K, a strong 56% operating margin.

Mission

Michael's Happiness, Inc. supports pediatric cancer camp organizations that bring back the joys of childhood to children with cancer while providing medical care for campers both on and off treatment.

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $54,415
TOTAL REVENUE $54,415

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $0
Fundraising Expenses $18,962
Program Expenses $5,000
Other Expenses $18,962
TOTAL EXPENSES $23,962

Year-over-Year Comparison

2018 2017 Change
Revenue $54,415 N/A N/A
Expenses $23,962 N/A N/A
Net Income $30,453 N/A N/A
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
5
Independent Members
5
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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSANNE CASSARINO Vice President 0.50
Director
$0 $0 $0
DONNA IACURTO Treasurer 0.50
Director
$0 $0 $0
JENNIFER AUSTIN Secretary 0.50
Director
$0 $0 $0
KRISTEN PRINCIPATO BOARD MEMBER 0.50
Director
$0 $0 $0
DAYNA AZIZ President 0.50
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 $54,415 $23,962 $30,453 $30,453
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