Eat Happy Now

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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

2022

Legal Domicile

Principal Officer

Sharmila Rathinam

Phone

4254431974

Tax Period

2024-01-01 to 2024-12-31

Eat Happy Now, founded in 2022, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 129% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 3% surplus.

Mission

Eat Happy's mission revolves around rescuing perfectly healthy food that would otherwise be discarded and ending up in landfills.

Program Service Accomplishments

Program 1

Expenses: $1,052,909

Eat Happy actively reaches out across the Puget Sound in their efforts by encouraging volunteers to participate in the pickup and delivery of food to various nonprofits, fostering a sense of...

Eat Happy actively reaches out across the Puget Sound in their efforts by encouraging volunteers to participate in the pickup and delivery of food to various nonprofits, fostering a sense of community engagement and giving back.Their offerings extend to sourcing culturally appropriate food options when possible, catering to the specific preferences of certain food banks serving diverse polulations. A key distingushing factor of Eat Happy is their swift transportation of perishable food and groceries within 2 hours of sourcing, effectively overcoming barriers such as transportation costs and logistical challenges, ensuring timely delivery to those in needs.

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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 $1,100,354

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,100,354

Expense Breakdown

Grants Paid $943,168

Salaries & Benefits $84,051

Fundraising Expenses $1,404

Program Expenses $1,052,909

Other Expenses $38,500

TOTAL EXPENSES $1,067,123

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,100,354	$481,289	+1.3%
Expenses	$1,067,123	$444,746	+1.4%
Net Income	$33,231	$36,543	-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

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
Sharmila Rathinam	President	40.00	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	$1,100,354	$1,067,123	$76,167	$33,231
2023	$481,289	$444,746	$48,621	$36,543