SHARING HAPPINESS FOUNDATION

EIN: 853913023 501(c)(3) Community Improvement

FREMONT, CA

Total Revenue
$6,001,993
Total Expenses
$5,478,957
Total Assets
$1,011,033
Net Assets
$1,011,033
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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
2020
Legal Domicile
CA
Principal Officer
NIHARIKA SRIVASTAV
Phone
5104498535
Tax Period
2023-01-01 to 2023-12-31

SHARING HAPPINESS FOUNDATION, founded in 2020, is a community nonprofit in the Community Improvement sector that reported $6.0M in total revenue in fiscal year 2023. Revenue surged 199% from the prior year, signaling strong growth momentum. Expenses of $5.5M left a modest 9% surplus.

Mission

TO SUPPORT COMMUNITIES THROUGH ECONOMIC INTERDEPENDENCE AND HAPPINESS PROGRAMS

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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 $6,001,993
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $6,001,993

Expense Breakdown

Grants Paid $5,417,000
Salaries & Benefits $45,976
Fundraising Expenses $800
Program Expenses $5,466,351
Other Expenses $15,981
TOTAL EXPENSES $5,478,957

Year-over-Year Comparison

2023 2022 Change
Revenue $6,001,993 $2,005,000 +2.0%
Expenses $5,478,957 $1,517,003 +2.6%
Net Income $523,036 $487,997 +0.1%
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
3
Independent Members
3
Employees
N/A
Volunteers
5

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
3
$45,976
Total Directors
3
$45,976
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NIHARIKA SRIVASTAV CEO AND PRESIDENT 8.00
Officer Director
$45,976 $0 $45,976
AMANDEEP MAVI CFO and SECRETARY 4.00
Officer Director
$0 $0 $0
SATYAN MISHRA CHAIRPERSON 2.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $6,001,993 $5,478,957 $1,011,033 $523,036
2022 $2,005,000 $1,517,003 $487,997 $487,997
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