Bundles Of Love
- Assets
- $85.7k
- Revenue
- $376.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Apple Valley, MN
- Founding
- 10/2001
- Data as of
- 12/2022
- EIN
- 41-1992691
Organization Overview
Bundles Of Love is located in Apple Valley, MN. The organization was established in 2001. According to its NTEE Classification (E86) the organization is classified as: Patient & Family Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bundles Of Love 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 12/2022, Bundles Of Love generated $376.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $367.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bundles Of Love has awarded 23 individual grants totaling $230,250. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRODUCE AND PROVIDE INFANT CLOTHING, BLANKETS AND BEREAVEMENT ITEMS FOR NEWBORNS TO FAMILIES IN CRISIS IN MINNESOTA. OVER 118,336 HOURS WERE DONATED BY 891 VOLUNTEERS TO PRODUCE 4,412 BUNDLES AND 114,418 ITEMS THAT WERE DONATED TO OVER 140 AGENCIES WHICH HELPED AN ESTIMATED 4,757 FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HANDMADE BABY CLOTHING, BEDDING AND BASIC CARE ITEMS FOR NEWBORNS.
N/A
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Jo Prinsen President | OfficerTrustee | 6 | $0 |
Sandra Hamlin Vice President | OfficerTrustee | 6 | $0 |
Ben Kann Technology Director | OfficerTrustee | 6 | $0 |
Gretchen Wilbrandt Director Of Fundraising | OfficerTrustee | 6 | $0 |
Nikki Wee-Moretto Director Of Marketing | OfficerTrustee | 6 | $0 |
Donna Rooney Treasurer | OfficerTrustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $376,911 |
| Noncash contributions included in lines 1a–1f | $229,400 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $376,911 |
| Total Program Service Revenue | $0 |
| Investment income | $28 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $376,939 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $285,055 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,383 |
| Information technology | $105 |
| Royalties | $0 |
| Occupancy | $76,462 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,461 |
| All other expenses | $0 |
| Total functional expenses | $367,466 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,454 |
| Savings and temporary cash investments | $52,224 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $85,678 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $85,678 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $85,678 |
Grants Awarded
Over the last fiscal year, Bundles Of Love has awarded $137,700 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
MINNESOTA COMMUNITY CARE PURPOSE: Low income families | $38,550 |
RAMSEY COUNTY PUBLIC HEALTH PURPOSE: Low income families | $13,650 |
PARK NICOLLET WOMEN'S SERVICES PURPOSE: Low income families | $10,875 |
NORTH MEMORIAL HOSPITAL PURPOSE: Low income families | $15,900 |
CATHOLIC CHARITIES PURPOSE: Low income families | $7,800 |
EVERDAY MIRACLES PURPOSE: Low income families | $7,350 |