HAPPY HOME FURNITURE INC

EIN: 883938667 501(c)(3) Human Services

Jeffersonville, IN

Total Revenue
$258,726
Total Expenses
$243,536
Total Assets
$33,873
Net Assets
$33,423
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
IN
Principal Officer
Christy Spence
Phone
5024735993
Tax Period
2025-01-01 to 2025-12-31

HAPPY HOME FURNITURE INC, founded in 2022, is a small nonprofit in the Human Services sector that reported $259K in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $244K left a modest 6% surplus.

Mission

THE MISSION OF HAPPY HOME FURNITURE INC IS TO FULLY FURNISH HOMES FOR COMMUNITY MEMBERS WHO HAVE LOST EVERYTHING OR ARE STARTING OVER WITH NOTHING. PROVIDED ESSENTIAL HOUSEHOLD FURNISHINGS TO INDIVIDUALS AND FAMILIES TRANSITIONING OUT OF CRISIS SITUATIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $67,004
Program Service Revenue $191,685
Investment Income $37
Other Revenue $0
TOTAL REVENUE $258,726

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,000
Fundraising Expenses $800
Program Expenses $224,429
Other Expenses $227,736
TOTAL EXPENSES $243,536

Year-over-Year Comparison

2025 2024 Change
Revenue $258,726 $230,657 +0.1%
Expenses $243,536 $214,230 +0.1%
Net Income $15,190 $16,427 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
50

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
1
$15,000
Total Directors
2
$15,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christy Spence Executive Director 60
Officer Director
$15,000 $0 $15,000
Michael Spence Director 1
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 $258,726 $243,536 $33,873 $15,190
2024 $230,657 $214,230 $18,233 $16,427
Explore More Nonprofits
→Top 100 Nonprofits in Indiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HAPPY HOME FURNITURE INC with other nonprofits in Indiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.