The Happier Life Project Inc (EIN 871156043) - 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

2021

Legal Domicile

Phone

8886388457

Tax Period

2023-01-01 to 2023-12-31

The Happier Life Project Inc, founded in 2021, is a small nonprofit in the Mental Health sector that reported $997K in total revenue in fiscal year 2023. Revenue surged 357% from the prior year, signaling strong growth momentum. The organization ran a surplus of $449K, a strong 45% operating margin.

Mission

To provide community support for people and families impacted by substance use disorders and mental health challenges through education, advocacy, and peer-based recovery support services with the intent to normalize recovery.

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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 (2023)

Revenue Breakdown

Contributions & Grants $996,979

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $996,979

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $351,191

Fundraising Expenses $0

Program Expenses $497,808

Other Expenses $194,379

TOTAL EXPENSES $547,570

Year-over-Year Comparison

	2023	2022	Change
Revenue	$996,979	$218,224	+3.6%
Expenses	$547,570	$168,121	+2.3%
Net Income	$449,409	$50,103	+8.0%

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

Volunteers

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

$125,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Carolina Ayala	Executive Dir.	40.00	Officer	$125,000	$0	$125,000
Pattie Vargas	Secretary	0.00	Officer Director	$0	$0	$0
Madeline Hodges	Treasurer	2.00	Director	$0	$0	$0
Leah Seykoski	Board Chair	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
2024	No data	No data	No data	No data
2023	$996,979	$547,570	$545,329	$449,409
2022	$218,224	$168,121	$66,400	$50,103

The Happier Life Project Inc