HAPPY VILLAGE (EIN 954847500) - 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

2001

Legal Domicile

Principal Officer

WILLIAM KIM

Phone

2133682630

Tax Period

2025-01-01 to 2025-12-31

HAPPY VILLAGE, founded in 2001, is a small nonprofit in the Human Services sector that reported $757K in total revenue in fiscal year 2025. Revenue decreased 18% compared to the prior year.

Mission

(A)PROMOTE, FOSTER AND ENHANCE PUBLIC AWARENESS OF THE ISSUES OF NEW KOREAN IMMIGRANTS TO US (B)ASSIST KOREAN IMMIGRANTS ASSIMILATE INTO AMERICAN SOCIETY (C)PROMOTE A SOCIALLY RESPONSIVE ENVIRONMENT AMONG MINORITY GROUPS

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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 (2025)

Revenue Breakdown

Contributions & Grants $565,589

Program Service Revenue $191,749

Investment Income $0

Other Revenue $0

TOTAL REVENUE $757,338

Expense Breakdown

Grants Paid $614,500

Salaries & Benefits $66,057

Fundraising Expenses $1,589

Program Expenses $718,516

Other Expenses $113,860

TOTAL EXPENSES $794,417

Year-over-Year Comparison

	2025	2024	Change
Revenue	$757,338	$927,772	-0.2%
Expenses	$794,417	$731,143	+0.1%
Net Income	$-37,079	$196,629	-1.2%

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

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

$61,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM KIM	SECRETARY	40.00	Officer	$61,200	$0	$61,200
CHANGSIK CHO	CEO	1.00	Officer	$0	$0	$0
SANG IL PARK	CFO	1.00	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	$757,338	$794,417	$237,027	$-37,079
2024	$927,772	$731,143	$297,163	$196,629
2023	$693,686	$750,433	$100,574	$-56,747
2022	$677,041	$681,184	$157,944	$-4,143
2021	$698,157	$671,263	$163,160	$26,894
2020	$589,148	$573,842	$135,261	$15,306
2019	$636,135	$638,583	$94,924	$-2,448
2018	$734,938	$633,222	$97,376	$101,716

HAPPY VILLAGE