Happy Home For The Handicapped Inc
Happy Home For The Handicapped Inc maintains strong assets despite fluctuating revenues and operational deficits in recent years.
EIN: 204555598 · Coeur D Alene, ID · NTEE: P60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $84K |
| Total Expenses | $107K |
| Program Spending | 85% |
| Net Assets | $311K |
| Transparency Score | 85/100 |
Is Happy Home For The Handicapped Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Happy Home For The Handicapped Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Happy Home For The Handicapped Inc
Happy Home For The Handicapped Inc (EIN: 204555598) is a nonprofit organization based in Coeur D Alene, ID, classified under NTEE code P60. The organization reported total revenue of $84K and total assets of $234K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Happy Home For The Handicapped Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Happy Home For The Handicapped Inc is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $101K |
| Total Expenses | $107K |
| Surplus / Deficit | $-6,039 |
| Total Assets | $314K |
| Total Liabilities | $3K |
| Net Assets | $311K |
| Operating Margin | -6.0% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 35.4 months |
Financial Health Grade: B
In 2023, Happy Home For The Handicapped Inc reported a deficit of $6K with expenses exceeding revenue, holds 35.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Happy Home For The Handicapped Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.7% | -55.0% | -1.6% |
| 2022 | +86.6% | +107.9% | -20.1% |
| 2021 | +16.0% | +56.3% | -7.0% |
| 2020 | +0.3% | -27.6% | -0.2% |
| 2019 | -60.6% | +47.8% | -6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Happy Home For The Handicapped Inc with a Mission Score of 85 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, Happy Home For The Handicapped 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 $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is a strong positive for directing funds to the mission.
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 Happy Home For The Handicapped Inc's IRS 990 filings:
- Expenses frequently exceed revenue in recent years (e.g., 2023, 2022, 2021, 2019, 2016, 2015, 2014).
Strengths
The following positive indicators were identified for Happy Home For The Handicapped Inc:
- Consistent 0% officer compensation, indicating strong dedication to mission spending.
- Maintains a healthy asset base relative to its annual expenses (e.g., $314,093 assets vs. $106,543 expenses in 2023).
- Very low liabilities across all reported periods.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Happy Home For The Handicapped Inc
Is Happy Home For The Handicapped Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Happy Home For The Handicapped Inc (EIN: 204555598) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Happy Home For The Handicapped Inc spend its money?
Happy Home For The Handicapped Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Happy Home For The Handicapped Inc tax-deductible?
Happy Home For The Handicapped Inc is registered as a tax-exempt nonprofit (EIN: 204555598). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Happy Home For The Handicapped Inc's spending goes to programs?
Happy Home For The Handicapped Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Happy Home For The Handicapped Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Happy Home For The Handicapped Inc is above average for NTEE category P60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Happy Home For The Handicapped Inc located?
Happy Home For The Handicapped Inc is headquartered in Coeur D Alene, Idaho and files with the IRS under EIN 204555598. It is classified under NTEE code P60.
How many years of IRS 990 filings does Happy Home For The Handicapped Inc have?
Happy Home For The Handicapped Inc has 13 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 $84K in total revenue.
Is Happy Home For The Handicapped Inc financially stable?
While the organization has experienced operational deficits in recent years (e.g., $106,543 expenses vs. $100,504 revenue in 2023), its substantial asset base ($314,093 in 2023) and low liabilities ($2,616 in 2023) suggest a reasonable level of financial stability, though consistent deficits could be a concern long-term.
How does Happy Home For The Handicapped Inc manage its administrative costs?
The organization appears to manage administrative costs very efficiently, especially given its consistent reporting of 0% officer compensation, indicating a strong focus on minimizing overhead.
What is the trend in the organization's revenue?
Revenue has fluctuated significantly, from a high of $182,772 in 2018 to $72,188 in 2020, and most recently $100,504 in 2023. There isn't a clear upward or downward trend, but rather volatility.
Are there any concerns about the organization's liabilities?
No, the organization consistently reports very low liabilities (e.g., $2,616 in 2023), which is a positive indicator of financial health and responsible management.
Filing History
IRS 990 filing history for Happy Home For The Handicapped Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Happy Home For The Handicapped Inc's revenue has grown by 72.5%, moving from $58K to $101K. Total assets increased by 2.8% over the same period, from $305K to $314K. Total functional expenses rose by 83.4%, from $58K to $107K. In its most recent filing year (2023), Happy Home For The Handicapped Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $3K in liabilities against $314K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $311K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $101K | $107K | $314K | $3K | — | — |
| 2022 | $156K | $237K | $319K | $2K | — | View 990 |
| 2021 | $84K | $114K | $399K | $2K | — | View 990 |
| 2020 | $72K | $73K | $429K | $2K | — | View 990 |
| 2019 | $72K | $100K | $430K | $2K | — | View 990 |
| 2018 | $183K | $68K | $458K | $570 | — | View 990 |
| 2017 | $61K | $43K | $343K | $575 | — | View 990 |
| 2016 | $41K | $75K | $325K | $577 | — | View 990 |
| 2015 | $46K | $58K | $358K | $526 | — | View 990 |
| 2014 | $78K | $86K | $371K | $615 | — | View 990 |
| 2013 | $69K | $51K | $361K | $2K | — | View 990 |
| 2012 | $64K | $28K | $341K | $0 | — | View 990 |
| 2011 | $58K | $58K | $305K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $101K, expenses of $107K, and assets of $314K (revenue -35.7% year-over-year).
- 2022: Revenue of $156K, expenses of $237K, and assets of $319K (revenue +86.6% year-over-year).
- 2021: Revenue of $84K, expenses of $114K, and assets of $399K (revenue +16.0% year-over-year).
- 2020: Revenue of $72K, expenses of $73K, and assets of $429K (revenue +0.3% year-over-year).
- 2019: Revenue of $72K, expenses of $100K, and assets of $430K (revenue -60.6% year-over-year).
- 2018: Revenue of $183K, expenses of $68K, and assets of $458K (revenue +198.3% year-over-year).
- 2017: Revenue of $61K, expenses of $43K, and assets of $343K (revenue +48.9% year-over-year).
- 2016: Revenue of $41K, expenses of $75K, and assets of $325K (revenue -9.6% year-over-year).
- 2015: Revenue of $46K, expenses of $58K, and assets of $358K (revenue -41.9% year-over-year).
- 2014: Revenue of $78K, expenses of $86K, and assets of $371K (revenue +13.8% year-over-year).
- 2013: Revenue of $69K, expenses of $51K, and assets of $361K (revenue +7.3% year-over-year).
- 2012: Revenue of $64K, expenses of $28K, and assets of $341K (revenue +10.2% year-over-year).
- 2011: Revenue of $58K, expenses of $58K, and assets of $305K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Happy Home For The Handicapped Inc:
Data Sources and Methodology
This transparency report for Happy Home For The Handicapped 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.