Happy Foods Project Inc
EIN: 814982110 · Horn Lake, MS · NTEE: K31
Is Happy Foods Project Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Happy Foods Project Inc
Happy Foods Project Inc (EIN: 814982110) is a nonprofit organization based in Horn Lake, MS, classified under NTEE code K31. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Happy Foods Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Happy Foods Project Inc is a micro nonprofit that has been operating for 9 years.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $70K |
| Surplus / Deficit | $-42,565 |
| Total Assets | $16K |
| Total Liabilities | $37K |
| Net Assets | $-21,053 |
| Operating Margin | -153.7% |
| Debt-to-Asset Ratio | 228.8% |
| Months of Reserves | 2.8 months |
Financial Health Grade: D
In 2020, Happy Foods Project Inc reported a deficit of $43K with expenses exceeding revenue, holds 2.8 months of operating reserves (limited), has a debt-to-asset ratio of 228.8% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Happy Foods Project Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Happy Foods Project Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $43K, with expenses exceeding revenue.
- Debt-to-asset ratio: 228.8%.
Frequently Asked Questions about Happy Foods Project Inc
Is Happy Foods Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Happy Foods Project Inc (EIN: 814982110) insufficient data. 0 red flags identified, 0 strengths noted.
How does Happy Foods Project Inc spend its money?
Detailed spending breakdown data is not yet available for Happy Foods Project Inc. Check back for updated IRS 990 analysis.
Are donations to Happy Foods Project Inc tax-deductible?
Happy Foods Project Inc is registered as a tax-exempt nonprofit (EIN: 814982110). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Happy Foods Project Inc showing financial trends over 1 year of public records:
In its most recent filing year (2020), Happy Foods Project Inc reported a deficit of $43K, with expenses exceeding revenue. The organization holds $37K in liabilities against $16K in assets (debt-to-asset ratio: 228.8%), resulting in net assets of $-21,053.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $28K | $70K | $16K | $37K | — | View 990 |
Data Sources and Methodology
This transparency report for Happy Foods Project 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.