J-hap Inc
Only null% goes to programs Strong reserves Growing revenue
J-hap Inc is a 501(c)(3) organization based in Golden Valley, Minnesota, registered in 2012, with $676,378 in FY2024 revenue. CharityIndex grades it B.
9280 Golden Valley Rd Ste 140, Golden Valley, MN, 55427 EIN 27-2033464 Since 2012
Revenue (FY2024)
$676K
▲ 16.5% vs prior year
Housing median: $408K
Expenses (FY2024)
$517K
Net assets
$1.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 J-hap Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating43 mo reserves · +24% margin
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 J-hap Inc: 43 mo reserves · +24% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 J-hap Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 J-hap Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 9280 Golden Valley Rd Ste 140, Golden Valley, MN, 55427
- City
- Golden Valley
- State
- Minnesota
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Website
- …
Financial trends
Revenue grew from $145K (FY2013) to $676K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $221KNet assets $1.8M
Operating margin
23.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$221K
Net assets
$1.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $676,378▲16.5% | $517,145▼11.2% | $1,835,782▲9.5% | $2,056,717▲6.9% | 990 |
| 2023 | $580,442▼3.0% | $582,553▼0.2% | $1,676,549▼0.1% | $1,923,626▼6.8% | 990 |
| 2022 | $598,562▲12.1% | $583,463▲15.3% | $1,678,660▲0.9% | $2,064,615▼11.0% | 990 |
| 2021 | $534,142▲27.0% | $505,876▲6.5% | $1,664,460▲1.7% | $2,319,079▼1.8% | 990 |
| 2020 | $420,462▼49.6% | $475,166▼44.0% | $1,636,194▼3.2% | $2,361,031▼5.4% | 990 |
| 2019 | $834,046▲39.9% | $848,894▲17.1% | $1,690,899▼0.9% | $2,494,766▼4.4% | 990 |
| 2018 | $596,092▼43.4% | $724,949▲58.3% | $1,705,747▼7.0% | $2,608,370▼9.5% | 990 |
| 2017 | $1,052,309▲22.5% | $458,052▲199% | $1,834,604▲47.9% | $2,880,818▲16.8% | 990 |
| 2016 | $858,899▲129% | $152,974▲12.8% | $1,240,347▲132% | $2,466,130▲359% | 990 |
| 2015 | $375,578▼10.4% | $135,631▲4.2% | $534,423▲81.5% | $537,423▲2.0% | 990 |
| 2014 | $419,147▲190% | $130,123▼2.8% | $294,476▲5301% | $526,849▲165% | 990 |
| 2013 | $144,719 | $133,936 | $5,452 | $199,006 | 990 |
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.
Grants received · $238K total
17 grants to J-hap Inc totaling $238K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Housing, shelter | 2024 | $10,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $50,000 |
| Minneapolis Foundation | Donor-recommended, community & economic development | 2021 | $14,018 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,325 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $10,325 |
| Donor Advised Charitable Giving | Human services | 2021 | $7,450 |
| Mightycause Charitable Foundation | Unrestricted | 2021 | $7,114 |
| National Philanthropic Tr | Human services | 2020 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $21,650 |
| National Philanthropic Tr | Human services | 2019 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $8,900 |
| American Endowment Foundation | Programs | 2019 | $5,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | General support | 2018 | $12,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2018 | $7,500 |
| Minneapolis Foundation | General operating support | 2018 | $7,250 |
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Frequently asked questions
- Is J-hap Inc a legitimate nonprofit?
- Yes. J-hap Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-2033464, based in Golden Valley, Minnesota. Donations are tax-deductible.
- What is J-hap Inc's EIN?
- J-hap Inc's Employer Identification Number (EIN) is 27-2033464.
- How much revenue does J-hap Inc report?
- J-hap Inc reported $676,378 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does J-hap Inc have?
- CharityIndex grades J-hap Inc B, based on financial health (reserves and operating margin).
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Data for J-hap Inc (EIN 27-2033464) 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.