Happy People Foundation Co
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 59,178 | 55,049 | 4,129 | 0.9 | — |
| 2022 | 28,925 | 412 | 28,513 | 950.7 | — |
| 2023 | 16 | 50 | −34 | 7825.9 | — |
In its most recent public year (2023), this organization spent $34 more than it brought in. Its reserves stood at about 7825.9 months of spending, up from 0.9 in 2021.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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