Happy Acres Farm and Animal Rescue Inc

Nonprofit profile at a glance

EIN
831033094
IRS 990-EZ coverage
2018–2019
Forms available
Form 990-EZ 2019, Form 990-N 2019
Location
Sorrento, FL, USA
Phone
4077183562
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Reported finances

Revenue
$117,732
Expenses
$126,512
Assets
$6,862
Liabilities
$15,287

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • MEGAN MILLER (PRESIDENT)

People named in this filing

  • MEGAN MILLER (PRESIDENT)
  • JOHN CROSBY (TREASURER/VP)
  • KAITLYNN BUGALA (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organizations primary exempt purpose is to save the lives of abused and neglected farm animals who would otherwise be sent to slaughter houses or put down or simply die from lack of care. The organization will strive to place these animals in forever homes where they will never suffer again.

What it reported doing in 2019

Saving the lives of abused and neglected farm animals and placing them in homes where they will not suffer.we rescued a pig named pig pig, 2 goats and 4 large donkeys, we started having children's birthday parties - we had three. We rescued two appaloosa llamas, rehomed 18 kittens and provided surgery for a little blind kitten, raised him and rehomed him.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 100
  • Sustainability: 18
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.9%; rating input score 77
  • Program expense ratio: 71.6%; rating input score 72

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -7.5%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 2.23; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 69% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 89.8% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 180.3% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 76.9% of revenue deployed · 71.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $91K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2018 to 2019
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 17/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.