Civic Intelligence

Happys Farm Inc

EIN 27-0761094 • 501(c)3 • Salisbury, NC

Profile

Happy's farm inc. Is a nonprofit corporation organized and operated exclusively for educational and charitable purposes. Specifically, this organization has been formed to instruct individuals for the purpose of improving or developing their capablilities and to advance education. Our organization has designed and developed one (1) program in furtherance of our purposes. Our program is entitled: happy's farm. The purpose of this program are to instruct individuals for the purpose of improving or developing their capabilities and to advance education. We further our purposes under this program by serving disadvantaged children within the community through educational tutoring and after-school care.

985 Parks RoadSalisbury, NC 28146

www.happysfarm.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P • <$500k nonprofits • Source year 2024

Liabilities / Revenue

64th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P • <$500k nonprofits • Source year 2024

Net Margin

33rd percentile

-0.1%

Higher net margin than 33% of similar nonprofits.

NTEE P • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE P • <$500k nonprofits • Source year 2024

Asset Growth

32nd percentile

-14%

Faster asset growth than 32% of similar nonprofits.

NTEE P • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

-15%

Faster revenue growth than 34% of similar nonprofits.

NTEE P • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$187,694

Down $31,024 (-14%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$187,694

Down $31,024 (-14%) from 2023

Revenue

Down

$250,536

Down $44,041 (-15%) from 2023

Expenses

Down

$250,715

Down $35,869 (-13%) from 2023

Net Income

Down

-$179

Down $8,172 (-102%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2012: $44,646Liabilities 2012: $376Net Assets 2012: $44,2702012Assets 2013: $156,016Liabilities 2013: $302Net Assets 2013: $155,7142013Assets 2014: $169,800Liabilities 2014: $272Net Assets 2014: $169,5282014Assets 2015: $158,880Liabilities 2015: $9,485Net Assets 2015: $149,3952015Assets 2016: $147,522Liabilities 2016: $0Net Assets 2016: $147,5222016Assets 2017: $182,081Liabilities 2017: $0Net Assets 2017: $182,0812017Assets 2018: $230,939Liabilities 2018: $0Net Assets 2018: $230,9392018Assets 2019: $222,135Liabilities 2019: $0Net Assets 2019: $222,1352019Assets 2020: $208,101Liabilities 2020: $0Net Assets 2020: $208,1012020Assets 2021: $196,353Liabilities 2021: $0Net Assets 2021: $196,3532021Assets 2022: $210,731Liabilities 2022: $0Net Assets 2022: $210,7312022Assets 2023: $218,718Liabilities 2023: $0Net Assets 2023: $218,7182023Assets 2024: $187,694Liabilities 2024: $0Net Assets 2024: $187,6942024

Highlighted filing

2024

Assets$187,694
Liabilities$0
Net Assets$187,694

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2012: $110,698Expenses 2012: $107,996Net Income 2012: $2,7022012Revenue 2013: $232,355Expenses 2013: $120,911Net Income 2013: $111,4442013Revenue 2014: $176,927Expenses 2014: $163,113Net Income 2014: $13,8142014Revenue 2015: $150,686Expenses 2015: $158,259Net Income 2015: -$7,5732015Revenue 2016: $199,696Expenses 2016: $201,569Net Income 2016: -$1,8732016Revenue 2017: $227,981Expenses 2017: $193,422Net Income 2017: $34,5592017Revenue 2018: $224,311Expenses 2018: $175,453Net Income 2018: $48,8582018Revenue 2019: $224,822Expenses 2019: $233,624Net Income 2019: -$8,8022019Revenue 2020: $130,779Expenses 2020: $144,810Net Income 2020: -$14,0312020Revenue 2021: $232,876Expenses 2021: $244,630Net Income 2021: -$11,7542021Revenue 2022: $240,425Expenses 2022: $226,050Net Income 2022: $14,3752022Revenue 2023: $294,577Expenses 2023: $286,584Net Income 2023: $7,9932023Revenue 2024: $250,536Expenses 2024: $250,715Net Income 2024: -$1792024

Highlighted filing

2024

Revenue$250,536
Expenses$250,715
Net Income-$179

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$2.51$2.51$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.19$0.00$2.19$2.95$2.87$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$0.00$2.11$2.40$2.26$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.96$0.00$1.96$2.33$2.45$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$0.00$2.08$1.31$1.45$0.14
2019Detailed filing. Detailed filing data is available for this year.$2.22$0.00$2.22$2.25$2.34$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.31$0.00$2.31$2.24$1.75$0.49
2017Detailed filing. Detailed filing data is available for this year.$1.82$0.00$1.82$2.28$1.93$0.35
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.00$1.48$2.00$2.02$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.09$1.49$1.51$1.58$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.70$0.00$1.70$1.77$1.63$0.14
2013Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$2.32$1.21$1.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.00$0.44$1.11$1.08$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 28, 2025
Return Version
2024v5.0
Gross Receipts
$250,792
Mission and Program Overview

Mission

Happy's farm inc. Is a nonprofit corporation organized and operated exclusively for educational and charitable purposes. Specifically, this organization has been formed to instruct individuals for the purpose of improving or developing their capablilities and to advance education. Our organization has designed and developed one (1) program in furtherance of our purposes. Our program is entitled: happy's farm. The purpose of this program are to instruct individuals for the purpose of improving or developing their capabilities and to advance education. We further our purposes under this program by serving disadvantaged children within the community through educational tutoring and after-school care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$201,839$176,668▼ $25,171
Cash and Non-Interest-Bearing Accounts$16,879$11,026▼ $5,853
Total Assets$218,718$187,694▼ $31,024
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$218,718$187,694▼ $31,024
Total Net Assets Fund Balance$218,718$187,694▼ $31,024
Total Liabilities and Net Assets / Fund Balance$218,718$187,694▼ $31,024

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$165,957$210,727$376,684
Equipment$5,371$28,582$33,953
Leasehold Improvements$5,340$1,710$7,050
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rhonda StirewaltPresident
Council Weddington JrDirector
James TrexlerDirector
Kim SheeksDirector
Kimila CaldwellSecretary
Shanna MatlockTreasurer
Danny McguireVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$152,238
Program Service Revenue
$93,992
Investment Income
$-179
Other Revenue
$4,485
All Other Contributions
$82,259
Change in Net Assets
$-179
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$250,715
Total Fundraising Expense$1,710
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$61,549-$1,710$63,259
Occupancy$51,128--$51,128
Other Expenses$20,644--$20,644
Insurance$17,463--$17,463
Fees for Services Accounting$1,210--$1,210
Advertising$800--$800
Office Expenses$491--$491
Total Functional Expenses$249,005$0$1,710$250,715
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

Books are available upon request to anyone who requests in writing.

Filing and Contact Details

Filer

Filer Name
Happys Farm Inc
EIN
27-0761094
Phone
7047986800
Address
985 PARKS ROAD, SALISBURY, NC 28146

Signing Officer

Name
Rhonda Stirewalt
Title
President
Phone
7042795268
Signed
2025-05-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rhonda Stirewalt
Formed
2010
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Davis Group Pa Cpas
Address
650 STATESVILLE BLVD STE 3, SALISBURY, NC 28144
Preparer
Gary L Davis
Phone
7046361040
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Happy's farm inc. Is a nonprofit corporation organized and operated exclusively for educational and charitable purposes. Specifically, this organization has been formed to instruct individuals for the purpose of improving or developing their capablilities and to advance education. Our organization has designed and developed one (1) program in furtherance of our purposes. Our program is entitled: happy's farm. The purpose of this program are to instruct individuals for the purpose of improving or developing their capabilities and to advance education. We further our purposes under this program by serving disadvantaged children within the community through educational tutoring and after-school care.

Form 990, Page 2, Part III, Line 4D

Happy's farm inc. Is a nonprofit corporation organized and operated exclusively for educational and charitable purposes. Specifically, this organization has been formed to instruct individuals for the purpose of improving or developing their capablilities and to advance education. Our organization has designed and developed one (1) program in furtherance of our puposes. Our program is entitled: happy's farm. The purposes of this program are to instruct individuals for the purpose of improving or developing their capabilities and to advance education. We further our purposes under this program by serving disadvantaged children within the community through educational tutoring and after-school care.

Form 990, Part IX, Line 24E

Kid's country kitchen sna 20,089 0 0 giddy up and go 16,652 0 0 gas 8,400 0 0 feed 7,857 0 0 telephone & internet 3,234 0 0 farm expenses implements 2,848 0 0 fundrasing expense 0 0 1,710 vet expenses 1,154 0 0 cell phone 735 0 0 taxes 378 0 0 licenses 202 0 0 total 61,549 0 1,710

Form 990, Part XI, Line 9

Book / tax depreciation difference -30,845

Raw XML Appendix338 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/BooksInCareOfDetail/PhoneNum07047986800
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0HAPPY'S FARM INC. IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES. SPECIFICALLY, THIS ORGANIZATION HAS BEEN FORMED TO INSTRUCT INDIVIDUALS FOR THE PURPOSE OF IMPROVING OR DEVELOPING THEIR CAPABLILITIES AND TO ADVANCE EDUCATION. OUR ORGANIZATION HAS DESIGNED AND DEVELOPED ONE (1) PROGRAM IN FURTHERANCE OF OUR PUPOSES. OUR PROGRAM IS ENTITLED: HAPPY'S FARM. THE PURPOSES OF THIS PROGRAM ARE TO INSTRUCT INDIVIDUALS FOR THE PURPOSE OF IMPROVING OR DEVELOPING THEIR CAPABILITIES AND TO ADVANCE EDUCATION. WE FURTHER OUR PURPOSES UNDER THIS PROGRAM BY SERVING DISADVANTAGED CHILDREN WITHIN THE COMMUNITY THROUGH EDUCATIONAL TUTORING AND AFTER-SCHOOL CARE.
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IRS990/PYContributionsGrantsAmt0197742
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IRS990/PYOtherExpensesAmt0286584
IRS990/PYOtherRevenueAmt03530
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IRS990/PYTotalExpensesAmt0286584
IRS990/PYTotalRevenueAmt0294577
IRS990/ReconcilationRevenueExpnssAmt0-179
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0142221
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0175742
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt089687
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0757630
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0392362
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IRS990ScheduleA/PublicSupportPY170Pct01.00000
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0175742
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt089687
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0757630
IRS990ScheduleA/TotalSupportAmt0757630
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt05371
IRS990ScheduleD/EquipmentGrp/DepreciationAmt028582
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt033953
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05340
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01710
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt07050
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0165957
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0210727
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0376684
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0176668
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HAPPY'S FARM INC. IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES. SPECIFICALLY, THIS ORGANIZATION HAS BEEN FORMED TO INSTRUCT INDIVIDUALS FOR THE PURPOSE OF IMPROVING OR DEVELOPING THEIR CAPABLILITIES AND TO ADVANCE EDUCATION. OUR ORGANIZATION HAS DESIGNED AND DEVELOPED ONE (1) PROGRAM IN FURTHERANCE OF OUR PURPOSES. OUR PROGRAM IS ENTITLED: HAPPY'S FARM. THE PURPOSE OF THIS PROGRAM ARE TO INSTRUCT INDIVIDUALS FOR THE PURPOSE OF IMPROVING OR DEVELOPING THEIR CAPABILITIES AND TO ADVANCE EDUCATION. WE FURTHER OUR PURPOSES UNDER THIS PROGRAM BY SERVING DISADVANTAGED CHILDREN WITHIN THE COMMUNITY THROUGH EDUCATIONAL TUTORING AND AFTER-SCHOOL CARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HAPPY'S FARM INC. IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES. SPECIFICALLY, THIS ORGANIZATION HAS BEEN FORMED TO INSTRUCT INDIVIDUALS FOR THE PURPOSE OF IMPROVING OR DEVELOPING THEIR CAPABLILITIES AND TO ADVANCE EDUCATION. OUR ORGANIZATION HAS DESIGNED AND DEVELOPED ONE (1) PROGRAM IN FURTHERANCE OF OUR PUPOSES. OUR PROGRAM IS ENTITLED: HAPPY'S FARM. THE PURPOSES OF THIS PROGRAM ARE TO INSTRUCT INDIVIDUALS FOR THE PURPOSE OF IMPROVING OR DEVELOPING THEIR CAPABILITIES AND TO ADVANCE EDUCATION. WE FURTHER OUR PURPOSES UNDER THIS PROGRAM BY SERVING DISADVANTAGED CHILDREN WITHIN THE COMMUNITY THROUGH EDUCATIONAL TUTORING AND AFTER-SCHOOL CARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOKS ARE AVAILABLE UPON REQUEST TO ANYONE WHO REQUESTS IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4KID'S COUNTRY KITCHEN SNA 20,089 0 0 GIDDY UP AND GO 16,652 0 0 GAS 8,400 0 0 FEED 7,857 0 0 TELEPHONE & INTERNET 3,234 0 0 FARM EXPENSES IMPLEMENTS 2,848 0 0 FUNDRASING EXPENSE 0 0 1,710 VET EXPENSES 1,154 0 0 CELL PHONE 735 0 0 TAXES 378 0 0 LICENSES 202 0 0 TOTAL 61,549 0 1,710
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOOK / TAX DEPRECIATION DIFFERENCE -30,845
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0250715
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IRS990/TotalProgramServiceRevenueAmt093992
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0250536
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0985 PARKS ROAD
IRS990/USAddress/CityNm0SALISBURY
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028146
IRS990/VotingMembersGoverningBodyCnt010
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IRS990/WebsiteAddressTxt0WWW.HAPPYSFARM.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RHONDA STIREWALT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07042795268
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HAPPYS FARM INC
ReturnHeader/Filer/BusinessNameControlTxt0HAPP
ReturnHeader/Filer/EIN0270761094
ReturnHeader/Filer/PhoneNum07047986800
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ReturnHeader/Filer/USAddress/CityNm0SALISBURY
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200210772
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVIS GROUP PA CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0650 STATESVILLE BLVD STE 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SALISBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028144
ReturnHeader/PreparerPersonGrp/PhoneNum07046361040
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARY L DAVIS
ReturnHeader/ReturnTs02025-06-06T10:33:16-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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