Happy Valley School Inc
Happy Valley School Inc faces recent operating deficits despite consistent revenue, drawing down assets.
EIN: 20352532 · Peterborough, NH · NTEE: B24Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $190K |
| Total Expenses | $170K |
| Program Spending | 80% |
| Net Assets | $73K |
| Transparency Score | 75/100 |
Is Happy Valley School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Happy Valley School Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Happy Valley School Inc
Happy Valley School Inc (EIN: 20352532) is a nonprofit organization based in Peterborough, NH, classified under NTEE code B24Z. The organization reported total revenue of $190K and total assets of $75K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Happy Valley School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Happy Valley School Inc is a small nonprofit that has been operating for 46 years, with 14 years of IRS 990 filings on record (2010–2024). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $148K |
| Total Expenses | $170K |
| Surplus / Deficit | $-21,689 |
| Total Assets | $77K |
| Total Liabilities | $4K |
| Net Assets | $73K |
| Operating Margin | -14.6% |
| Debt-to-Asset Ratio | 5.0% |
| Months of Reserves | 5.5 months |
Financial Health Grade: B
In 2024, Happy Valley School Inc reported a deficit of $22K with expenses exceeding revenue, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 5.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2024), Happy Valley School Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +0.1% | +2.9% | -20.4% |
| 2023 | -17.8% | -1.4% | -15.0% |
| 2022 | +1.2% | +30.2% | -13.0% |
| 2021 | +22.7% | -7.0% | +76.4% |
| 2020 | -12.6% | -9.9% | +41.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Valley School Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Happy Valley School Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly commendable for an organization of its size, suggesting a volunteer-led or very lean leadership structure.
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 Valley School Inc's IRS 990 filings:
- Expenses exceeding revenue in recent periods (202406: $169,867 expenses vs $148,178 revenue; 202306: $165,028 expenses vs $148,086 revenue).
- Declining asset base from $131,349 in 202106 to $77,339 in 202406, indicating a draw on reserves.
Strengths
The following positive indicators were identified for Happy Valley School Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating strong financial ethics.
- Long history of IRS 990 filings (14 periods), demonstrating commitment to transparency and compliance.
- Consistent revenue generation over many years, showing a stable base of support.
- Low liabilities relative to assets in most periods, indicating responsible financial management.
Frequently Asked Questions about Happy Valley School Inc
Is Happy Valley School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Happy Valley School Inc (EIN: 20352532) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Happy Valley School Inc spend its money?
Happy Valley School Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Happy Valley School Inc tax-deductible?
Happy Valley School Inc is registered as a tax-exempt nonprofit (EIN: 20352532). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Happy Valley School Inc's spending goes to programs?
Happy Valley School Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Happy Valley School Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Happy Valley School Inc is above average for NTEE category B24Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Happy Valley School Inc located?
Happy Valley School Inc is headquartered in Peterborough, New Hampshire and files with the IRS under EIN 20352532. It is classified under NTEE code B24Z.
How many years of IRS 990 filings does Happy Valley School Inc have?
Happy Valley School Inc has 14 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 $190K in total revenue.
Is Happy Valley School Inc financially stable?
While Happy Valley School Inc has a history of consistent revenue, its financial stability has recently shown signs of strain, with expenses exceeding revenue in the last two reported periods (202406 and 202306). This has led to a decrease in assets from $131,349 in 202106 to $77,339 in 202406, indicating a reliance on reserves.
How does Happy Valley School Inc manage its executive compensation?
Happy Valley School Inc reports 0% officer compensation across all 14 available filings, which is an excellent indicator of financial transparency and a strong commitment to directing funds towards its mission rather than executive salaries.
What is the trend in Happy Valley School Inc's assets?
Happy Valley School Inc's assets have fluctuated, reaching a high of $131,349 in 202106 but have since declined to $77,339 in 202406, primarily due to recent periods where expenses have outpaced revenue.
Is Happy Valley School Inc transparent with its finances?
Yes, Happy Valley School Inc demonstrates good financial transparency through its consistent filing of 14 IRS 990 forms and the clear reporting of 0% officer compensation.
Filing History
IRS 990 filing history for Happy Valley School Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2024), Happy Valley School Inc's revenue has grown by 80.6%, moving from $82K to $148K. Total assets increased by 16.2% over the same period, from $67K to $77K. Total functional expenses rose by 109.3%, from $81K to $170K. In its most recent filing year (2024), Happy Valley School Inc reported a deficit of $22K, with expenses exceeding revenue. The organization holds $4K in liabilities against $77K in assets (debt-to-asset ratio: 5.0%), resulting in net assets of $73K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $148K | $170K | $77K | $4K | — | — |
| 2023 | $148K | $165K | $97K | $2K | — | View 990 |
| 2022 | $180K | $167K | $114K | $2K | — | View 990 |
| 2021 | $178K | $129K | $131K | $32K | — | View 990 |
| 2020 | $145K | $138K | $74K | $25K | — | View 990 |
| 2019 | $166K | $153K | $53K | $10K | — | View 990 |
| 2018 | $147K | $149K | $42K | $11K | — | View 990 |
| 2017 | $141K | $138K | $40K | $8K | — | View 990 |
| 2016 | $120K | $110K | $37K | $8K | — | View 990 |
| 2015 | $101K | $119K | $28K | $9K | — | View 990 |
| 2014 | $140K | $145K | $50K | $13K | — | View 990 |
| 2013 | $160K | $165K | $48K | $7K | — | View 990 |
| 2012 | $142K | $156K | $55K | $8K | — | View 990 |
| 2010 | $82K | $81K | $67K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $148K, expenses of $170K, and assets of $77K (revenue +0.1% year-over-year).
- 2023: Revenue of $148K, expenses of $165K, and assets of $97K (revenue -17.8% year-over-year).
- 2022: Revenue of $180K, expenses of $167K, and assets of $114K (revenue +1.2% year-over-year).
- 2021: Revenue of $178K, expenses of $129K, and assets of $131K (revenue +22.7% year-over-year).
- 2020: Revenue of $145K, expenses of $138K, and assets of $74K (revenue -12.6% year-over-year).
- 2019: Revenue of $166K, expenses of $153K, and assets of $53K (revenue +13.0% year-over-year).
- 2018: Revenue of $147K, expenses of $149K, and assets of $42K (revenue +4.0% year-over-year).
- 2017: Revenue of $141K, expenses of $138K, and assets of $40K (revenue +17.5% year-over-year).
- 2016: Revenue of $120K, expenses of $110K, and assets of $37K (revenue +19.3% year-over-year).
- 2015: Revenue of $101K, expenses of $119K, and assets of $28K (revenue -28.2% year-over-year).
- 2014: Revenue of $140K, expenses of $145K, and assets of $50K (revenue -12.0% year-over-year).
- 2013: Revenue of $160K, expenses of $165K, and assets of $48K (revenue +12.3% year-over-year).
- 2012: Revenue of $142K, expenses of $156K, and assets of $55K (revenue +73.1% year-over-year).
- 2010: Revenue of $82K, expenses of $81K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Happy Valley School Inc:
Data Sources and Methodology
This transparency report for Happy Valley School 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.