Happy S Farm Inc is a 501(c)(3) organization based in Salisbury, North Carolina, registered in 2010, with $250,536 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$251K
▼ 15.0% vs prior year
Human Services median: $293K
Expenses (FY2024)
$251K
Net assets
$188K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Happy S Farm Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Happy S Farm Inc: 9 mo reserves · -0% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Happy S Farm Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Happy S Farm Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $111K (FY2012) to $251K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
-0.1%
Spent more than it raised in the latest fiscal year.
Total assets
$188K
Total liabilities
$0
Net assets
$188K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $250,536▼15.0% | $250,715▼12.5% | $187,694▼14.2% | $187,694▼14.2% | 990 |
| 2023 | $294,577▲22.5% | $286,584▲26.8% | $218,718▲3.8% | $218,718▲3.8% | 990 |
| 2022 | $240,425▲3.2% | $226,050▼7.6% | $210,731▲7.3% | $210,731▲7.3% | 990 |
| 2021 | $232,876▲78.1% | $244,630▲68.9% | $196,353▼5.6% | $196,353▼5.6% | 990 |
| 2020 | $130,779▼41.8% | $144,810▼38.0% | $208,101▼6.3% | $208,101▼6.3% | 990 |
| 2019 | $224,822▲0.2% | $233,624▲33.2% | $222,135▼3.8% | $222,135▼3.8% | 990 |
| 2018 | $224,311▼1.6% | $175,453▼9.3% | $230,939▲26.8% | $230,939▲26.8% | 990 |
| 2017 | $227,981▲14.2% | $193,422▼4.0% | $182,081▲23.4% | $182,081▲23.4% | 990 |
| 2016 | $199,696▲32.5% | $201,569▲27.4% | $147,522▼1.3% | $147,522▼7.1% | 990 |
| 2015 | $150,686▼14.8% | $158,259▼3.0% | $149,395▼11.9% | $158,880▼6.4% | 990 |
| 2014 | $176,927▼23.9% | $163,113▲34.9% | $169,528▲8.9% | $169,800▲8.8% | 990 |
| 2013 | $232,355▲110% | $120,911▲12.0% | $155,714▲252% | $156,016▲249% | 990 |
| 2012 | $110,698 | $107,996 | $44,270 | $44,646 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
3 grants to Happy S Farm Inc totaling $24K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Foundation For the Carolinas | Charitable gift | 2021 | $11,516 |
| Foundation For the Carolinas | Charitable gift | 2020 | $6,000 |
| American Online Giving Foundation Inc | General support | 2019 | $6,000 |
Explore more
Data for Happy S Farm Inc (EIN 27-0761094) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.