Civic Intelligence

Happy Homes Inc.

990EZ • Fiscal year 2020 • EIN 57-0737266

Jul 01, 2019 to Jun 30, 2020 • Filed on May 15, 2021

PO Box 2950Summerville, SC 29484

(843) 871-1285

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

0.93x

Higher debt load relative to assets than 93% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

97th percentile

2.74x

Higher debt load relative to revenue than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

68th percentile

19%

Higher net margin than 68% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

45th percentile

0.9%

Faster asset growth than 45% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

66th percentile

2.0%

Faster revenue growth than 66% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$454,098

Up $3,986 (+0.9%) from 2019

Net Assets

Up

$32,096

Up $28,932 (+914%) from 2019

Liabilities

Down

$422,002

Down $24,946 (-5.6%) from 2019

Revenue

Up

$154,234

Up $3,023 (+2.0%) from 2019

Expenses

Up

$125,302

Up $4,545 (+3.8%) from 2019

Net Income

Down

$28,932

Down $1,522 (-5.0%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0-$500KAssets 2011: $116,155Liabilities 2011: $468,822Net Assets 2011: -$352,6672011Assets 2012: $110,990Liabilities 2012: $480,006Net Assets 2012: -$369,0162012Assets 2013: $106,493Liabilities 2013: $464,250Net Assets 2013: -$357,7572013Assets 2014: $110,123Liabilities 2014: $448,119Net Assets 2014: -$337,9962014Assets 2015: $139,953Liabilities 2015: $449,610Net Assets 2015: -$309,6572015Assets 2016: $765,713Liabilities 2016: $838,076Net Assets 2016: -$72,3632016Assets 2017: $482,004Liabilities 2017: $533,455Net Assets 2017: -$51,4512017Assets 2018: $460,605Liabilities 2018: $487,895Net Assets 2018: -$27,2902018Assets 2019: $450,112Liabilities 2019: $446,948Net Assets 2019: $3,1642019Assets 2020: $454,098Liabilities 2020: $422,002Net Assets 2020: $32,0962020Assets 2021: $442,517Liabilities 2021: $406,533Net Assets 2021: $35,9842021Assets 2022: $422,780Liabilities 2022: $375,116Net Assets 2022: $47,6642022Assets 2023: $404,054Liabilities 2023: $361,730Net Assets 2023: $42,3242023Assets 2024: $399,297Liabilities 2024: $319,037Net Assets 2024: $80,2602024

Highlighted filing

2020

Assets$454,098
Liabilities$422,002
Net Assets$32,096

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2011: $119,820Expenses 2011: $138,318Net Income 2011: -$18,4982011Revenue 2012: $121,398Expenses 2012: $137,747Net Income 2012: -$16,3492012Revenue 2013: $126,775Expenses 2013: $115,516Net Income 2013: $11,2592013Revenue 2014: $130,946Expenses 2014: $111,185Net Income 2014: $19,7612014Revenue 2015: $136,843Expenses 2015: $108,504Net Income 2015: $28,3392015Revenue 2016: $355,143Expenses 2016: $117,849Net Income 2016: $237,2942016Revenue 2017: $132,527Expenses 2017: $111,615Net Income 2017: $20,9122017Revenue 2018: $140,983Expenses 2018: $116,822Net Income 2018: $24,1612018Revenue 2019: $151,211Expenses 2019: $120,757Net Income 2019: $30,4542019Revenue 2020: $154,234Expenses 2020: $125,302Net Income 2020: $28,9322020Revenue 2021: $151,508Expenses 2021: $147,620Net Income 2021: $3,8882021Revenue 2022: $161,870Expenses 2022: $150,190Net Income 2022: $11,6802022Revenue 2023: $139,589Expenses 2023: $144,929Net Income 2023: -$5,3402023Revenue 2024: $181,293Expenses 2024: $143,357Net Income 2024: $37,9362024

Highlighted filing

2020

Revenue$154,234
Expenses$125,302
Net Income$28,932
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 15, 2021
Return Version
2019v5.1
Gross Receipts
$154,234
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
PROVIDES HOUSING TO ELDERLY AND DISABLED PERSONS AND FAMILIES-$100,202
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SANDRA EMERYSecretary And Treasurer-$0--
RANDALL L CHARPIABoard Member-$0--
PATRICIA PARKERBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Happy Homes Inc
EIN
57-0737266
Address
PO BOX 2950, SUMMERVILLE, SC 29484

Signing Officer

Name
David Goldmintz
Title
Executive Direc
Phone
8438711285
Signed
2021-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Clark Eustace Wagner PA
Address
3790 Fernandina Road Ste 303, Columbia, SC 29210
Preparer
Caitlynn Packard
Phone
8037984302
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description amountinsurance 10,621depreciation 23,053interest 22,389

Description of other assets Part II line 24

Category beginning of year end of yearprepaid expenses 1,740 279tenant security deposits 2,752 2,901replacement reserve 39,130 36,505escrow deposits 2,829 8,921accounts receivable 0 302

Description of total liabilities Part II line 26

Category beginning of year end of yearaccounts payable 43,069 38,521tenant security deposits 2,752 2,901mortgage and notes payable 401,127 380,580

Part III response or note to any other line in Part III

Provides housing to elderly and disabled persons and families under section 202 of the national housing act under an agreement with the department of hud

Raw XML Appendix152 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.

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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTINSURANCE 10,621DEPRECIATION 23,053INTEREST 22,389
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARPREPAID EXPENSES 1,740 279TENANT SECURITY DEPOSITS 2,752 2,901REPLACEMENT RESERVE 39,130 36,505ESCROW DEPOSITS 2,829 8,921ACCOUNTS RECEIVABLE 0 302
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS PAYABLE 43,069 38,521TENANT SECURITY DEPOSITS 2,752 2,901MORTGAGE AND NOTES PAYABLE 401,127 380,580
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROVIDES HOUSING TO ELDERLY AND DISABLED PERSONS AND FAMILIES UNDER SECTION 202 OF THE NATIONAL HOUSING ACT UNDER AN AGREEMENT WITH THE DEPARTMENT OF HUD
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part III response or note to any other line in Part III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID GOLDMINTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum08438711285
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HAPPY HOMES INC
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ReturnHeader/Filer/EIN0570737266
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2950
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03790 Fernandina Road Ste 303
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029210
ReturnHeader/PreparerPersonGrp/PhoneNum08037984302
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Caitlynn Packard
ReturnHeader/ReturnTs02021-05-17T10:45:16-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.99$3.19$0.80$1.81$1.43$0.38
2023Detailed filing. Detailed filing data is available for this year.$4.04$3.62$0.42$1.40$1.45$0.05
2022Detailed filing. Detailed filing data is available for this year.$4.23$3.75$0.48$1.62$1.50$0.12
2021Detailed filing. Detailed filing data is available for this year.$4.43$4.07$0.36$1.52$1.48$0.04
2020Detailed filing. Detailed filing data is available for this year.$4.54$4.22$0.32$1.54$1.25$0.29
2019Detailed filing. Detailed filing data is available for this year.$4.50$4.47$0.03$1.51$1.21$0.30
2018Detailed filing. Detailed filing data is available for this year.$4.61$4.88$0.27$1.41$1.17$0.24
2017Detailed filing. Detailed filing data is available for this year.$4.82$5.33$0.51$1.33$1.12$0.21
2016Detailed filing. Detailed filing data is available for this year.$7.66$8.38$0.72$3.55$1.18$2.37
2015Detailed filing. Detailed filing data is available for this year.$1.40$4.50$3.10$1.37$1.09$0.28
2014Detailed filing. Detailed filing data is available for this year.$1.10$4.48$3.38$1.31$1.11$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$4.64$3.58$1.27$1.16$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$4.80$3.69$1.21$1.38$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$4.69$3.53$1.20$1.38$0.18