HAPPY 50 PLUS FOUNDATION

EIN: 920367082 501(c)(3) Philanthropy & Grantmaking

El Monte, CA

Total Revenue
$604,288
Total Expenses
$574,818
Total Assets
$114,791
Net Assets
$113,683
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CA
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

A. Happy 50 Plus Foundation was selected to partner with USAging on an ACL grant to increase the COVID-19 and Influenza Vaccine Uptake among older adults and people with disabilities.B. Happy 50 Plus Foundation was awarded a grant by the California Fire Foundation to disseminate in-language Wildfire Safety and Emergency Preparedness information to older Chinese Americans with limited English proficiency through a series of social media outreach and an Emergency Preparedness Conference.C.Happy 50 Plus Foundation received a grant from CALMHSA/Los Angeles County Mental Health Department to increase access to mental health resources, reduce mental health stigma and discrimination, and expand help-seeking behavior among older Chinese Americans. The aim is through fun and engaging events, to encourage attendees to take action for themselves, for others, and for their community.

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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%)

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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

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Governance

Voting Members
3
Independent Members
N/A
Employees
4
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
0
$0
Total Directors
3
$141,160
Key Employees
0
$0
Highest Compensated
0
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
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