Knitting Connection
- Assets
- $1.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Medford, MA
- Founding
- 01/2001
- Data as of
- 12/2021
- EIN
- 04-3521824
Organization Overview
Knitting Connection is located in West Medford, MA. The organization was established in 2001. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Knitting Connection is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Knitting Connection generated $4.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $5.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED KNITTED CLOTHING, BLANKETS AND TOYS TO DISADVANTAGED INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue A Manning President | 8 | $0 | |
Judy Cheng Treasurer | 1 | $0 | |
Jane Parker Clerk | 1 | $0 | |
Elaine Cobucci Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,950 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,950 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,542 |
| Printing, publications, postage, and shipping | $359 |
| Other expenses | $2,286 |
| Total expenses | $5,187 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,100 |
| Other assets | $0 |
| Total assets | $1,100 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,100 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Knitting Connection has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Mattina R Proctor Foundation Boston, MA PURPOSE: GENERAL SUPPORT FOR CHARITABLE MISSION TO PROVIDE KNIT ITEMS TO THOSE IN NEED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sharp Charitable Tr Newton, MA | $8,222,395 | $1,860,011 |
Kollel Bais Yisrael Brooklyn, NY | $246,843 | $998,434 |
Bais Eluzer Fund Monroe, NY | $1,452,032 | $712,379 |
Little Essentials Brooklyn, NY | $330,194 | $693,584 |
Bundles Of Joy New York Inc Bronxville, NY | $395,317 | $592,898 |
Joyce Hergenhan Private Foundation Fairfield, CT | $4,037,389 | $229,293 |
Songs Of Love Foundation Forest Hills, NY | $1,668,057 | $546,584 |
Clark Gillies Foundation Farmingdale, NY | $420,107 | $657,215 |
Juvenile Diabetes Cure Alliance New York, NY | $104,904 | $568,991 |
Brides Across America Andover, MA | $512,791 | $461,175 |
Commonwealth Cares Fund Inc Waltham, MA | $1,360,663 | $804,758 |
Cardinal Kung Foundation Inc Stamford, CT | $669,690 | $284,920 |