HAPPIER WAY FOUNDATION INC

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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

2019

Legal Domicile

Principal Officer

MANUEL SCHIAPPA PIETRA

Phone

7862239296

Tax Period

2021-01-01 to 2021-12-31

HAPPIER WAY FOUNDATION INC, founded in 2019, is a small nonprofit in the Human Services sector that reported $278K in total revenue in fiscal year 2021. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $257K left a modest 8% surplus.

Mission

PROMOTE AND CREATE EVENTS AND EDUCATIONAL RESOURCES THAT PROVIDE VALUABLE INSIGHT AS WELL AS ACTIONABLE TOOLS AND ACTIVITIES TO: IMPROVE MENTAL & PHYSICAL WELL-BEING, LEARN ABOUT AND ACT ON INCLUSION, DIVERSITY & EQUALITY INITIATIVES, AND GROW BOTH PERSONALLY AND PROFESSIONALLY.

Program Service Accomplishments

Program 1

Expenses: $28,158

SINCE MARCH 17, 2021 THE HAPPIER WAY FOUNDATION HAS PRODUCED AND PUBLISHED AN EXTENSIVE AMOUNT OF ORIGINAL BLOG CONTENT ON THEIR WEBSITE, VARIOUS ONLINE EVENTS INVITES COMPANIES AND INDIVIDUALS TO...

SINCE MARCH 17, 2021 THE HAPPIER WAY FOUNDATION HAS PRODUCED AND PUBLISHED AN EXTENSIVE AMOUNT OF ORIGINAL BLOG CONTENT ON THEIR WEBSITE, VARIOUS ONLINE EVENTS INVITES COMPANIES AND INDIVIDUALS TO LISTEN TO KEYNOTE SPEAKERS ON VARIOUS TOPICS AND ONLINE COURSES THAT ALLOWS A DEEPER DIVE INTO THEIR WELL-BEING JOURNEY, HONE AND DEVELOP NEW PROFESSIONAL SKILLS, AND MEET LIKE-MINDED INDIVIDUALS WHILE EXPANDING THEIR KNOWLEDGE. THE HAPPIER WAY FOUNDATION HAS A PARTNERSHIP WITH AS DESCOBERTAS THAT IS A PORTUGUESE INSTITUTE OF EDUCATION AND PEDAGOGICAL INVESTIGATION. IT IS AN NGO FOR PEOPLE WHO HAVE DISABILITIES WITH THE MISSION TO HELP THEM DEVELOP MENTAL, COGNITIVE, MOTOR, AND PSYCHOSOCIAL COMPETENCIES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $278,316

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $278,316

Expense Breakdown

Grants Paid $0

Salaries & Benefits $90,888

Fundraising Expenses $0

Program Expenses $28,158

Other Expenses $166,160

TOTAL EXPENSES $257,048

Year-over-Year Comparison

	2021	2020	Change
Revenue	$278,316	$194,579	+0.4%
Expenses	$257,048	$286,895	-0.1%
Net Income	$21,268	$-92,316	-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

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MANUEL SCHIAPPA PIETRA	DIRECTOR AND CHAIRMAN	40.00	Officer 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
2021	$278,316	$257,048	$14,086	$21,268