40 Winks Foundation is located in Little Canada, MN. The organization was established in 2010. 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. 40 Winks Foundation 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, 40 Winks Foundation generated $109.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $155.1k during the year ending 12/2021. 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
THE 40 WINKS FOUNDATION SEEKS TO PROVIDE MATTRESSES AND BEDS TO CHILDREN AND FAMILIES LACKING THE RESOURCES TO HELP THEM ATTAIN ONE OF THE FOUNDATIONAL BLOCKS OF LIFE - A FULL AND HEALTHY NIGHT'S SLEEP. THE ORGANIZATION DELIVERED 606 BEDS TO CHILDREN OF NEED IN 2020.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kenneth Larson President | 1 | $0 | |
Barbara Larson Secretary | 1 | $0 | |
Lisa Olson Treasurer | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $109,334 |
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 | $109,334 |
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 | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $19,447 |
Total expenses | $155,147 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $137,801 |
Other assets | $0 |
Total assets | $137,801 |
Total liabilities | $0 |
Net assets or fund balances | $137,801 |
Over the last fiscal year, we have identified 1 grants that 40 Winks Foundation has recieved totaling $31,000.
Awarding Organization | Amount |
---|---|
Larson Foundation Bonita Springs, FL PURPOSE: GENERAL SUPPORT | $31,000 |
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Pcs For People St Paul, MN | $16,325,586 | $24,823,070 |
Pinky Swear Foundation Edina, MN | $9,189,085 | $5,689,220 |
Wishes & More Fridley, MN | $2,091,230 | $1,601,926 |
Great North Pole West Fargo, ND | $278,721 | $1,262,419 |
Quilts Of Valor Foundation Winterset, IA | $1,117,654 | $1,330,384 |
Freestore West Des Moines, IA | $583,101 | $651,252 |
Iowa Womens Foundation Coralville, IA | $1,208,654 | $746,963 |
Honor Flight Of The Quad Cities Inc Davenport, IA | $1,606,042 | $461,453 |
Forward Foundation Fargo, ND | $642,801 | $260,999 |
Wright-Hennepin Electric Tr Rockford, MN | $83,943 | $243,860 |
Fr Genes Help Inc West Allis, WI | $2,191,833 | $353,979 |
Waukesha County Christmas Clearing Council Inc Pewaukee, WI | $395,849 | $270,968 |