HAPPY CHILDREN RESOURCE CENTER FOSTER FAMILY AGENTS INC (EIN 882982107) - 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

2022

Legal Domicile

Principal Officer

LORENA FLORES

Phone

5625361298

Tax Period

2023-07-01 to 2024-06-30

HAPPY CHILDREN RESOURCE CENTER FOSTER FAMILY AGENTS INC, founded in 2022, is a small nonprofit in the Human Services sector that reported $676K in total revenue in fiscal year 2023. Expenses of $600K left a modest 11% surplus.

Mission

HAPPY CHILDREN RESOURCE CENTER IS A PRIVATE, NON-PROFIT AGENCY WHO AIDS IN FINDING HOMES FOR CHILDREN IN FOSTER CARE THROUGH THE CERTIFICATION OF FOSTER PARENTS. WE ACCEPT CHALLENGING PLACEMENTS OF MINORS WITH BEHAVIORAL AND EMOTIONAL PROBLEMS, LATE NIGHT PLACEMENTS, AND THE PLACEMENTS OF SIBLING SETS, ALL TO PROVIDE LOVING AND SAFE ENVIRONMENTS FOR THE MINORS. WE SEEK ENCOURAGING, CARING, AND SAFE FAMILIES OF ALL ETHNICITIES AND BACKGROUNDS TO JOIN US IN OUR MISSION.

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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 $0

Program Service Revenue $676,144

Investment Income $0

Other Revenue $0

TOTAL REVENUE $676,144

Expense Breakdown

Grants Paid $0

Salaries & Benefits $185,820

Fundraising Expenses $0

Program Expenses $548,449

Other Expenses $413,890

TOTAL EXPENSES $599,710

Year-over-Year Comparison

	2023	2022	Change
Revenue	$676,144	N/A	N/A
Expenses	$599,710	$86,979	+5.9%
Net Income	$76,434	$-86,979	-1.9%

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

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
LORENA FLORES	CEO	40.00	Officer	$0	$0	$0
ELDA P GUERRA	Executive Dir.	40.00	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
2025	No data	No data	No data	No data
2024	$676,144	$599,710	$163,962	$76,434

HAPPY CHILDREN RESOURCE CENTER FOSTER FAMILY AGENTS INC