Civic Intelligence

Happier Way Foundation Inc.

990EZ • Fiscal year 2020 • EIN 83-4635507

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

2600 S Douglas Rd No 800Coral Gables, FL 33134

(786) 223-9296

Siviq Scores

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

Liabilities / Assets

95th percentile

1.13x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

88th percentile

0.35x

Higher debt load relative to revenue than 88% of similar nonprofits.

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

Net Margin

13th percentile

-47%

Higher net margin than 13% 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

9th percentile

-47%

Faster asset growth than 9% of similar nonprofits.

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

Revenue Growth

93rd percentile

95%

Faster revenue growth than 93% of similar nonprofits.

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

Assets

Down

$59,334

Down $52,330 (-47%) from 2019

Net Assets

Down

-$7,954

Down $92,316 (-109%) from 2019

Liabilities

Up

$67,288

Up $39,986 (+146%) from 2019

Revenue

Up

$194,579

Up $94,579 (+95%) from 2019

Expenses

Up

$286,895

Up $271,257 (+1735%) from 2019

Net Income

Down

-$92,316

Down $176,678 (-209%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2019: $111,664Liabilities 2019: $27,302Net Assets 2019: $84,3622019Assets 2020: $59,334Liabilities 2020: $67,288Net Assets 2020: -$7,9542020Assets 2021: $14,086Liabilities 2021: $772Net Assets 2021: $13,3142021Assets 2022: $4,662Liabilities 2022: $160Net Assets 2022: $4,5022022Assets 2023: $21,647Liabilities 2023: $193Net Assets 2023: $21,4542023Assets 2024: $16,813Liabilities 2024: $7Net Assets 2024: $16,8062024

Highlighted filing

2020

Assets$59,334
Liabilities$67,288
Net Assets-$7,954

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2019: $100,000Expenses 2019: $15,638Net Income 2019: $84,3622019Revenue 2020: $194,579Expenses 2020: $286,895Net Income 2020: -$92,3162020Revenue 2021: $278,316Expenses 2021: $257,048Net Income 2021: $21,2682021Revenue 2022: $44,000Expenses 2022: $52,812Net Income 2022: -$8,8122022Revenue 2023: $26,200Expenses 2023: $9,248Net Income 2023: $16,9522023Revenue 2024: $4,235Expenses 2024: $8,883Net Income 2024: -$4,6482024

Highlighted filing

2020

Revenue$194,579
Expenses$286,895
Net Income-$92,316
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$194,579
Mission and Program Overview

Mission

Founded to serve as a comprehensive platform to bring awareness about the benefits of the science of happiness and wellbeing. The organization will strive to educate individuals, businesses and civic leaders about the importance of learning and implementing data-driven tools and policies that can make people, organizations and communities happier. Happiness research and practices provide proven advantages that help optimize the actions and wellbeing of individuals, organizations and communities. The foundation will promote and host a minimum of two summits a year, each connecting a global audience with expert keynote speakers who use their vision, time, creativity and passion for good, to share about the benefits of choosing happiness. Through the promotion of global happiness and well-being the foundation hopes to achieve its ultimate goal of global co-existence in a positive world.

Founded to serve as a comprehensive platform to bring awareness about the benefits of the science of happiness and wellbeing. The organization will strive to educate individuals, businesses and civic leaders about the importance of learning and implementing data-driven tools and policies that can make people, organizations and communities happier. Happiness research and practices provide proven advantages that help optimize the actions and wellbeing of individuals, organizations and communities. The foundation will hold events, book clubs and virtual courses, each connecting a global audience with expert keynote speakers who use their vision, time, creativity and passion for good, to share about the benefits of choosing happiness. Through the promotion of global happiness and well-being the foundation hopes to achieve its ultimate goal of global co-existence in a positive world.

Program Services

DescriptionGrantsExpenses
HAPPIER WAY MEMBERS CONNECT WITH AN INCLUSIVE COMMUNITY, PARTICIPATE IN COLLABORATIVE TALKS AND EVENTS, AND LEARN ABOUT WELL-BEING, INCLUSION, AND GROWTH. A BOOK CLUB THAT DISCUSSES A SPECIFIC BOOK, ONCE EVERY 3 MONTHS THAT ALLOWS MEMBERS TO DIVE INTO AND EXTRACT ITS LESSONS AND TEACHINGS IN A COMMUNITY DISCUSSION. VARIOUS ONLINE COURSES THAT FURTHER UNLOCK YOUR TRUE POTENTIAL.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MANUEL SCHIAPPA PIETRADirector And ChairmanPT$0--
Filing and Contact Details

Filer

Filer Name
Happier Way Foundation Inc
EIN
83-4635507
Phone
7862239296
Address
2600 S DOUGLAS RD NO 800, CORAL GABLES, FL 33134

Signing Officer

Name
Manuel Schiappa Pietra
Title
Director
Phone
7862239296
Signed
2021-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Garcia Espinosa Miyares Rodriguez Trueba
Address
2600 S DOUGLAS ROAD SUITE 800, CORAL GABLES, FL 33134
Preparer
Jarnette G Rodriguez CPA
Phone
3055295440
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: sba payroll protection program. Amount: 37,500.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: marketing. Amount: 42,654. Description: conferences,conventions, meetings and related travel. Amount: 22,139. Description: payroll processing services. Amount: 2,874. Description: payroll taxes. Amount: 11,674. Total to form 990-ez, line 16: 79,341.

Form 990-ez, Part II, Line 24 - Other Assets

Description: prepaid rent. Beg. Of year amount: 0. End of year amount: 5,470.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: advance ticket sales. Beg. Of year amount: 27,302. End of year amount: 67,153. Description: credit cards. Beg. Of year amount: 0. End of year amount: 135.

Raw XML Appendix146 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/PrimaryExemptPurposeTxt0FOUNDED TO SERVE AS A COMPREHENSIVE PLATFORM TO BRING AWARENESS ABOUT THE BENEFITS OF THE SCIENCE OF HAPPINESS AND WELLBEING. THE ORGANIZATION WILL STRIVE TO EDUCATE INDIVIDUALS, BUSINESSES AND CIVIC LEADERS ABOUT THE IMPORTANCE OF LEARNING AND IMPLEMENTING DATA-DRIVEN TOOLS AND POLICIES THAT CAN MAKE PEOPLE, ORGANIZATIONS AND COMMUNITIES HAPPIER. HAPPINESS RESEARCH AND PRACTICES PROVIDE PROVEN ADVANTAGES THAT HELP OPTIMIZE THE ACTIONS AND WELLBEING OF INDIVIDUALS, ORGANIZATIONS AND COMMUNITIES. THE FOUNDATION WILL HOLD EVENTS, BOOK CLUBS AND VIRTUAL COURSES, EACH CONNECTING A GLOBAL AUDIENCE WITH EXPERT KEYNOTE SPEAKERS WHO USE THEIR VISION, TIME, CREATIVITY AND PASSION FOR GOOD, TO SHARE ABOUT THE BENEFITS OF CHOOSING HAPPINESS. THROUGH THE PROMOTION OF GLOBAL HAPPINESS AND WELL-BEING THE FOUNDATION HOPES TO ACHIEVE ITS ULTIMATE GOAL OF GLOBAL CO-EXISTENCE IN A POSITIVE WORLD.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: SBA PAYROLL PROTECTION PROGRAM. AMOUNT: 37,500.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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