Baby2baby
- Assets
- $30.2m
- Revenue
- $38.8m
- Investments
- $0.0
- Employees
- 55
- Location
- Los Angeles, CA
- Founding
- 08/2014
- Data as of
- 12/2022
- EIN
- 46-4503539
Organization Overview
Baby2baby is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2022, Baby2baby employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baby2baby 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, Baby2baby generated $38.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.9% each year . All expenses for the organization totaled $33.2m during the year ending 12/2022. While expenses have increased by 25.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Baby2baby has awarded 580 individual grants totaling $29,911,190. 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
PROVIDING LOW-INCOME CHILDREN, AGED 0-12, WITH THE BASIC NECESSITIES THAT EVERY CHILD DESERVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BABY2BABY PROVIDES CHILDREN LIVING IN POVERTY WITH DIAPERS, CLOTHING AND ALL THE BASIC NECESSITIES THAT EVERY CHILD DESERVES. IN THE LAST 10 YEARS, BABY2BABY HAS DISTRIBUTED OVER 175 MILLION ITEMS - MORE THAN ANY ORGANIZATION OF ITS KIND - TO CHILDREN IN HOMELESS SHELTERS, DOMESTIC VIOLENCE PROGRAMS, FOSTER CARE, HOSPITALS AND UNDERSERVED SCHOOLS AS WELL AS CHILDREN WHO HAVE LOST EVERYTHING IN THE WAKE OF DISASTER. SINCE THE COVID-19 CRISIS BEGAN IN EARLY-2020, BABY2BABY HAS SERVED OVER ONE MILLION CHILDREN ACROSS THE COUNTRY IMPACTED BY THE PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Sawyer Patricof Co-Chair & Co-Ceo | OfficerTrustee | 40 | $60,000 |
Norah Weinstein Co-Chair & Co-Ceo | OfficerTrustee | 40 | $60,000 |
Dana Settle Treasurer | OfficerTrustee | 2 | $0 |
Sabina Nathanson Secretary | OfficerTrustee | 2 | $0 |
Jessica Alba Director | Trustee | 1 | $0 |
Julie Bowe Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Noble Accouting Llc Accounting Services | 12/30/22 | $145,284 |
Juneadvisiors Consultant | 12/30/22 | $104,500 |
Best Events Event Production | 12/30/22 | $166,897 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $150,000 |
| Membership dues | $0 |
| Fundraising events | $11,203,953 |
| Related organizations | $0 |
| Government grants | $141,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,042,311 |
| Noncash contributions included in lines 1a–1f | $20,066,068 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,537,264 |
| Total Program Service Revenue | $0 |
| Investment income | $463,147 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,189,303 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $38,827,208 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,825,491 |
| 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. | $123,600 |
| Compensation of current officers, directors, key employees. | $30,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,450,672 |
| Pension plan accruals and contributions | $54,407 |
| Other employee benefits | $228,343 |
| Payroll taxes | $198,192 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,139 |
| Fees for services: Accounting | $199,412 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $62,544 |
| Fees for services: Other | $464,603 |
| Advertising and promotion | $18,023 |
| Office expenses | $863,736 |
| Information technology | $35,129 |
| Royalties | $0 |
| Occupancy | $1,406,963 |
| Travel | $157,088 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,106 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $173,765 |
| Insurance | $79,675 |
| All other expenses | $0 |
| Total functional expenses | $33,230,707 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,514,914 |
| Savings and temporary cash investments | $2,054,515 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,721,859 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,946,545 |
| Prepaid expenses and deferred charges | $340,185 |
| Net Land, buildings, and equipment | $243,761 |
| Investments—publicly traded securities | $10,089,750 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,302,131 |
| Total assets | $30,213,660 |
| Accounts payable and accrued expenses | $538,708 |
| 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 | $2,496,915 |
| Total liabilities | $3,035,623 |
| Net assets without donor restrictions | $25,485,827 |
| Net assets with donor restrictions | $1,692,210 |
| 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 | $30,213,660 |
Grants Awarded
Over the last fiscal year, Baby2baby has awarded $25,211,012 in support to 508 organizations.
| Grant Recipient | Amount |
|---|---|
1736 FAMILY CRISIS CENTER PURPOSE: IN-KIND DONATIONS OF PROGRAM SUPPLIES FOR NEEDY FAMILIES | $13,394 |
A BABY CENTER PURPOSE: IN-KIND DONATIONS OF PROGRAM SUPPLIES FOR NEEDY FAMILIES | $11,940 |
A COMMUNITY OF FRIENDS PURPOSE: IN-KIND DONATIONS OF PROGRAM SUPPLIES FOR NEEDY FAMILIES | $19,211 |
A WORLD WITH COMPASSION PURPOSE: IN-KIND DONATIONS OF PROGRAM SUPPLIES FOR NEEDY FAMILIES | $24,611 |
A NEW LEAF PURPOSE: IN-KIND DONATIONS OF PROGRAM SUPPLIES FOR NEEDY FAMILIES | $7,058 |
A SAFE FUTURE CO FARMSHARE PURPOSE: IN-KIND DONATIONS OF PROGRAM SUPPLIES FOR NEEDY FAMILIES | $21,817 |