Happiness Is Camping Inc
Happiness Is Camping Inc. maintains stable assets and reports no officer compensation over a decade of filings.
EIN: 132556242 · Hardwick, NJ · NTEE: N20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.8M |
| Program Spending | 85% |
| Net Assets | $2.0M |
| Transparency Score | 90/100 |
Is Happiness Is Camping Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Happiness Is Camping Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Happiness Is Camping Inc
Happiness Is Camping Inc (EIN: 132556242) is a nonprofit organization based in Hardwick, NJ, classified under NTEE code N20Z. The organization reported total revenue of $1.4M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Happiness Is Camping Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Happiness Is Camping Inc is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-131,722 |
| Total Assets | $2.0M |
| Total Liabilities | $18K |
| Net Assets | $2.0M |
| Operating Margin | -7.9% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 13.2 months |
Financial Health Grade: B
In 2023, Happiness Is Camping Inc reported a deficit of $132K with expenses exceeding revenue, holds 13.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Happiness Is Camping Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.5% | +1.3% | -8.2% |
| 2022 | -13.3% | +13.8% | -5.3% |
| 2021 | +263.9% | +158.9% | +16.0% |
| 2020 | -75.3% | -68.9% | -8.9% |
| 2019 | +12.7% | +1.3% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Happiness Is Camping Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Happiness Is Camping Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $132K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
Happiness Is Camping Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual and suggests a volunteer-led executive structure or that compensation is covered by other entities.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Happiness Is Camping Inc's IRS 990 filings:
- Recent operating deficits in 2022 and 2023 (Expenses exceeding Revenue).
Strengths
The following positive indicators were identified for Happiness Is Camping Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in directing funds to mission.
- Stable asset base, consistently above $1.8 million, demonstrating financial resilience.
- Low liabilities relative to assets, indicating strong financial management.
- Long history of IRS 990 filings, demonstrating transparency and accountability.
- Recovery from 2020 revenue dip, showing organizational adaptability.
Frequently Asked Questions about Happiness Is Camping Inc
Is Happiness Is Camping Inc a legitimate charity?
Happiness Is Camping Inc (EIN: 132556242) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.4M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Happiness Is Camping Inc spend its money?
Happiness Is Camping Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Happiness Is Camping Inc tax-deductible?
Happiness Is Camping Inc is registered as a tax-exempt nonprofit (EIN: 132556242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Happiness Is Camping Inc's spending goes to programs?
Happiness Is Camping Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Happiness Is Camping Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Happiness Is Camping Inc is above average for NTEE category N20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Happiness Is Camping Inc located?
Happiness Is Camping Inc is headquartered in Hardwick, New Jersey and files with the IRS under EIN 132556242. It is classified under NTEE code N20Z.
How many years of IRS 990 filings does Happiness Is Camping Inc have?
Happiness Is Camping Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.4M in total revenue.
How does Happiness Is Camping Inc. manage to operate without officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that any compensation for leadership roles is covered through other means not reported as officer compensation on the 990, such as through a related entity or as general staff salaries if officers are also employees.
What caused the significant drop in revenue in 2020?
The substantial decrease in revenue to $513,642 in 2020, compared to $2,075,532 in 2019 and $1,869,221 in 2021, was likely due to the operational challenges and restrictions imposed by the COVID-19 pandemic, which would have severely impacted a camping-focused organization.
Is the organization financially stable given recent operating deficits?
While the organization experienced operating deficits in 2023 (Expenses=$1,794,094 vs. Revenue=$1,662,372) and 2022 (Expenses=$1,771,141 vs. Revenue=$1,621,196), its overall asset base of $1,971,183 (2023) and low liabilities ($17,662 in 2023) indicate a strong balance sheet that can absorb short-term deficits. The long-term trend shows general stability.
Filing History
IRS 990 filing history for Happiness Is Camping Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Happiness Is Camping Inc's revenue has grown by 64.9%, moving from $1.0M to $1.7M. Total assets increased by 1.8% over the same period, from $1.9M to $2.0M. Total functional expenses rose by 75%, from $1.0M to $1.8M. In its most recent filing year (2023), Happiness Is Camping Inc reported a deficit of $132K, with expenses exceeding revenue. The organization holds $18K in liabilities against $2.0M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.8M | $2.0M | $18K | — | View 990 |
| 2022 | $1.6M | $1.8M | $2.1M | $62K | — | View 990 |
| 2021 | $1.9M | $1.6M | $2.3M | $33K | — | View 990 |
| 2020 | $514K | $601K | $2.0M | $33K | — | View 990 |
| 2019 | $2.1M | $1.9M | $2.1M | $30K | — | View 990 |
| 2018 | $1.8M | $1.9M | $2.1M | $86K | — | View 990 |
| 2017 | $2.2M | $1.7M | $2.3M | $206K | — | View 990 |
| 2016 | $1.7M | $1.5M | $1.9M | $219K | — | View 990 |
| 2014 | $1.6M | $1.5M | $1.8M | $395K | — | View 990 |
| 2013 | $714K | $844K | $1.9M | $449K | — | View 990 |
| 2012 | $820K | $902K | $1.9M | $320K | — | View 990 |
| 2011 | $1.0M | $1.0M | $1.9M | $366K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.8M, and assets of $2.0M (revenue +2.5% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.8M, and assets of $2.1M (revenue -13.3% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.6M, and assets of $2.3M (revenue +263.9% year-over-year).
- 2020: Revenue of $514K, expenses of $601K, and assets of $2.0M (revenue -75.3% year-over-year).
- 2019: Revenue of $2.1M, expenses of $1.9M, and assets of $2.1M (revenue +12.7% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.9M, and assets of $2.1M (revenue -15.1% year-over-year).
- 2017: Revenue of $2.2M, expenses of $1.7M, and assets of $2.3M (revenue +27.2% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.5M, and assets of $1.9M (revenue +8.6% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.5M, and assets of $1.8M (revenue +119.8% year-over-year).
- 2013: Revenue of $714K, expenses of $844K, and assets of $1.9M (revenue -12.9% year-over-year).
- 2012: Revenue of $820K, expenses of $902K, and assets of $1.9M (revenue -18.7% year-over-year).
- 2011: Revenue of $1.0M, expenses of $1.0M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Happiness Is Camping Inc:
Data Sources and Methodology
This transparency report for Happiness Is Camping Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.