HAPPY 50 PLUS FOUNDATION

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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

Tax Period

2023-07-01 to 2024-06-30

HAPPY 50 PLUS FOUNDATION, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $604K in total revenue in fiscal year 2023. Revenue surged 237% from the prior year, signaling strong growth momentum. Expenses of $575K left a modest 5% surplus.

Mission

Connecting people, information, resources, and communities to enrich the lives of 12,000 older adults with limitedEnglish proficiency. Committed to promoting independence and enhancing the quality of life for seniors and theirfamilies by providing exceptional services.

Program Service Accomplishments

Program 1

Expenses: $444,467

To support an array of vaccination education and promotion activities , including community vaccine clinics, in-home vaccinations, transportation to vaccination sites, volunteer training/recognition, partner organizations efforts, vaccine incentives, and in-language outreach and education for older adults and people with disabilities. The ADVC is funded through a grant from the U.S. Administration for Community Living (ACL).

Program 2

Expenses: $117,917 Revenue: $69,105

Connecting people, information, resources, and communities to enrich the lives of 12,000 older adults with limited English proficiency. Committed to promoting independence and enhancing the quality...

Connecting people, information, resources, and communities to enrich the lives of 12,000 older adults with limited English proficiency. Committed to promoting independence and enhancing the quality of life for seniors and their families by providing exceptional services.

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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 $604,288

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $604,288

Expense Breakdown

Grants Paid $0

Salaries & Benefits $207,479

Fundraising Expenses $0

Program Expenses $562,384

Other Expenses $367,339

TOTAL EXPENSES $574,818

Year-over-Year Comparison

	2023	2022	Change
Revenue	$604,288	$179,270	+2.4%
Expenses	$574,818	$86,852	+5.6%
Net Income	$29,470	$92,418	-0.7%

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

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

$141,160

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Amanda Lee	CEO	40.00	Director	$81,760	$0	$81,760
Susan Wang	CFO	20.00	Director	$59,400	$0	$59,400
Josephine Nieh	Secretary	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
2025	No data	No data	No data	No data
2024	$604,288	$574,818	$114,791	$29,470