Knots Of Love Inc

Organization Overview

Knots Of Love Inc is located in Ashland, WI. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Knots Of Love Inc 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 12/2023, Knots Of Love Inc generated $211.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $231.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

CLOTHING ASSISTANCE FOR CANCER PATIENTS. PROVIDE BEANIES AND BLANKETS FOR NEONATAL INTENSIVE CARE UNITS. MAKE AND PROVIDE HAND MADE INTRAVENOUS PICC LINE BANDAGE COVERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

-PROVIDE SPECIALTY HEADWEAR, BLANKETS, SCARVES AND OTHER ARICLES OF SPECIALIZED CLOTHING FOR CANCER PATIENTS.-PROVIDE HATS AND BLANKETS FOR NEONATAL INTENSIVE CARE UNIT PATIENTS.-MAKE AND PROVIDE HAND MADE INTRAVENOUS PICC LINE BANDAGE COVERS.


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Board, Officers & Key Employees

Name (title)Compensation
Christine M Fabiani
Executive Director
$75,160
Lorie Murray
Board Member
$0
Susan Duva
Board Member
$0
Lisa Florez
Secretarytreasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$4,641
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$185,934
Noncash contributions included in lines 1a–1f $28,708
Total Revenue from Contributions, Gifts, Grants & Similar$190,575
Total Program Service Revenue$0
Investment income $8
Tax Exempt Bond Proceeds $0
Royalties $17
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $20,600
Miscellaneous Revenue$0
Total Revenue $211,200

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