Civic Intelligence

The Happy Givers

990 • Fiscal year 2021 • EIN 82-1031357

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 17, 2023

Carr 689 Km 01 Barrio CarmelitaVega Baja, PR 00693

(919) 809-4353

Siviq Scores

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

Liabilities / Assets

77th percentile

0.34x

Higher debt load relative to assets than 77% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

57th percentile

0.13x

Higher debt load relative to revenue than 57% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

23rd percentile

-1.5%

Higher net margin than 23% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

62nd percentile

$84,000

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

1st percentile

-46%

Faster asset growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-49%

Faster revenue growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$452,069

Down $387,009 (-46%) from 2020

Net Assets

Down

$299,600

Down $539,478 (-64%) from 2020

Liabilities

Up

$152,469

Up $152,469 from 2020

Revenue

Down

$1,152,138

Down $1,124,083 (-49%) from 2020

Expenses

Down

$1,168,909

Down $299,841 (-20%) from 2020

Net Income

Down

-$16,771

Down $824,242 (-102%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2017: $3,334Liabilities 2017: $0Net Assets 2017: $3,3342017Assets 2018: $38,174Liabilities 2018: $0Net Assets 2018: $38,1742018Assets 2019: $29,387Liabilities 2019: $0Net Assets 2019: $29,3872019Assets 2020: $839,078Liabilities 2020: $0Net Assets 2020: $839,0782020Assets 2021: $452,069Liabilities 2021: $152,469Net Assets 2021: $299,6002021Assets 2022: $588,677Liabilities 2022: $126,691Net Assets 2022: $461,9862022Assets 2023: $521,263Liabilities 2023: $84,781Net Assets 2023: $436,4822023Assets 2024: $513,976Liabilities 2024: $111,952Net Assets 2024: $402,0242024

Highlighted filing

2021

Assets$452,069
Liabilities$152,469
Net Assets$299,600

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $45,454Expenses 2017: $42,120Net Income 2017: $3,3342017Revenue 2018: $696,558Expenses 2018: $661,718Net Income 2018: $34,8402018Revenue 2019: $658,420Expenses 2019: $667,207Net Income 2019: -$8,7872019Revenue 2020: $2,276,221Expenses 2020: $1,468,750Net Income 2020: $807,4712020Revenue 2021: $1,152,138Expenses 2021: $1,168,909Net Income 2021: -$16,7712021Revenue 2022: $1,348,297Expenses 2022: $1,185,911Net Income 2022: $162,3862022Revenue 2023: $1,071,232Expenses 2023: $1,096,736Net Income 2023: -$25,5042023Revenue 2024: $905,649Expenses 2024: $940,107Net Income 2024: -$34,4582024

Highlighted filing

2021

Revenue$1,152,138
Expenses$1,168,909
Net Income-$16,771
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 17, 2023
Return Version
2021v4.0
Gross Receipts
$1,152,138
Mission and Program Overview

Mission

Our mission is to promote the rights of every person, especially the families most disadvantaged in our country; such as the elderly, children, single mothers, individuals with a functional disability; since everyone deserves to enjoy a dignified and full life with equal opportunities to transform society, eradicate poverty and hunger.

Our mission is to promote the rights of every person, especially the families most disadvantaged of our country; such as the elderly, children, single mothers, individuals with a functional disability; since everyone deserves to enjoy a dignified and full life with equal opportunities to transform society, eradicate poverty and hunger.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net-$428,344-
Rtn Earn Endowment Incm Other Fnds$316,371$299,600▼ $16,771
Cash and Non-Interest-Bearing Accounts$833,828$23,725▼ $810,103
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$833,828$452,069▼ $381,759
Liabilities
Accounts Payable and Accrued Expenses$517,457$152,469▼ $364,988
Total Liabilities$517,457$152,469▼ $364,988
Net Assets / Fund Balance
Total Net Assets Fund Balance$316,371$299,600▼ $16,771
Total Liabilities and Net Assets / Fund Balance$833,828$452,069▼ $381,759

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$258,944$3,056$0
Other Land Buildings$0$0$0
Land$155,000-$0
Equipment$14,400$1,600$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Carlos A RodriguezPresident & FounderFT$84,000$84,000

Board Members and Trustees

NameTitle
Yuki TanakaCo-Founder & Exec. Asistant
Abdel ValenzuelaMember
Kat WilcoxMember
Susan JensonMember
Revenue and Support

Revenue Composition

Contributions and Grants
$1,152,138
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-16,771
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$731,408
Salaries, Compensation, and Employee Benefits$276,402
Other Expenses$161,099
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$731,408--$731,408
Current Officers, Directors, Trustees, and Key Employees$269,602$6,800-$276,402
Advertising-$138,316-$138,316
Office Expenses-$11,142-$11,142
Other Expenses$6,985$0$0$6,985
Depreciation Depletion$4,656--$4,656
Total Functional Expenses$1,012,651$156,258$0$1,168,909
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
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Sent by email and gathered a meeting

Form 990, Part VI, Section C, Line 19

Articles of incorporation are available on the Puerto Rico State Department site. And all documents are available upon request. Form 990 from 2018-2020 and EIN letter are available on the IRS site. 2021 End Year Financial Statement is on GuideStar

Filing and Contact Details

Filer

Filer Name
Happy Sonship
EIN
82-1031357
Phone
9198094353
Address
Carr 689 Km 01 Barrio Carmelita, Vega Baja, PR 00693

Signing Officer

Name
Carlos Rodriguez
Title
President
Phone
9198094353
Signed
2023-08-17

Organization Details

Principal Officer
Carlos Rodriguez
Formed
2017
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
10
Supplemental Narrative

Financial Statement Notes

Schedule D, Part I, Line 1

The Land is where we grow vegetables and fruits that we use to cook for the homeless, elders and needy people. The Property comprises a commercial full kitchen, a house for volunteers to stay and a printing area where we make shirts and accessories to sell and use those funds to buy food to cook for the community.

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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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IRS990/Desc0PUERTO RICO DISASTER RELIEF. WE HAVE HOSTED SIX TEAMS TO CONTINUE WITH OUR DISASTER RELIEF PROJECT. WE HELPED FIXING APPROXIMATELY 33 HOUSES APPROXIMATELY 140 PEOPLE WERE IMPACTED. CASA DE PAZ, LIMA PERU WE CONTINUED WITH OUR MONTHLY FUNDING TO CASA DE PAZ WHICH IS A CHILDRENS HOME IN LIMA, PERU. THEY CURRENTLY HAVE APPROXIMATELY 40 KIDS ATTENDING OUR AFTERNOON PROGRAM ON DAILY BASIS. ETHIPIOA KINGDON VISION INTERNATIONAL. WE CONTINUED WITH OUR MONTHLY FUNDING TO HELP T THE ORPHANAGE CREATE A FOSTER CARE WITHING THEIR ORGANIZATION. APPROXIMATELY 41 KIDS WERE IMPACTED BY THIS MONTHLY DONATION.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Land is where we grow vegetables and fruits that we use to cook for the homeless, elders and needy people. The Property comprises a commercial full kitchen, a house for volunteers to stay and a printing area where we make shirts and accessories to sell and use those funds to buy food to cook for the community.
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0In order to maintain a clear overview of our financial activities, we allocate the grant funds to distinct bank accounts. This approach allows us to closely track expenses and develop tailored budgets and comprehensive reports for each account. Furthermore, we collaborate with an external accounting firm to conduct meticulous reviews and audits of our expenditure, ensuring transparency and accountability in our financial operations.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Sent by email and gathered a meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Articles of incorporation are available on the Puerto Rico State Department site. And all documents are available upon request. Form 990 from 2018-2020 and EIN letter are available on the IRS site. 2021 End Year Financial Statement is on GuideStar
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0156258
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01012651
IRS990/TotalFunctionalExpensesGrp/TotalAmt01168909
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0517457
IRS990/TotalLiabilitiesEOYAmt0152469
IRS990/TotalLiabilitiesGrp/BOYAmt0517457
IRS990/TotalLiabilitiesGrp/EOYAmt0152469
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0316371
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0299600
IRS990/TotalOtherCompensationAmt084000
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt01012651
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01152138
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0833828
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0452069
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0Cond Palma Dorada F1104
IRS990/USAddress/CityNm0Vega Alta
IRS990/USAddress/StateAbbreviationCd0PR
IRS990/USAddress/ZIPCd000692
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0https://thehappygivers.com
IRS990/WhistleblowerPolicyInd00
ReasonableCauseExplanation/ExplanationTxt0The cause for this late filing is due to changes in filing requirement. We filed on paper, then we received a notification that must be filed electronically.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/ProfilePasswordChangeInd0X
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Carlos Rodriguez
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09198094353
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HAPPY SONSHIP
ReturnHeader/Filer/BusinessNameControlTxt0HAPP
ReturnHeader/Filer/EIN0821031357
ReturnHeader/Filer/PhoneNum09198094353
ReturnHeader/Filer/USAddress/AddressLine1Txt0Carr 689 Km 01 Barrio Carmelita
ReturnHeader/Filer/USAddress/CityNm0Vega Baja
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PR
ReturnHeader/Filer/USAddress/ZIPCd000693
ReturnHeader/ReturnTs02023-10-26T14:48:33-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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