Best Christmas Ever Inc
- Assets
- $778.2k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 4
- Location
- Cloquet, MN
- Founding
- 08/2014
- Data as of
- 06/2021
- EIN
- 46-4729005
Organization Overview
Best Christmas Ever Inc is located in Cloquet, MN. 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 06/2021, Best Christmas Ever Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Best Christmas Ever 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 06/2021, Best Christmas Ever Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.6% each year . All expenses for the organization totaled $1.8m during the year ending 06/2021. While expenses have increased by 42.4% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE BENEVOLENT ASSISTANCE TO FAMILIES IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES A CHRISTMAS EXPERIENCE FOR THOSE FACING HARDSHIPS OF ILLNESS,DEATH OR FINANCIAL COMPLICATIONS. IN FISCAL YEAR 2020 THE ORGANIZATION SERVED 145 FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Liimatainen President | OfficerTrustee | 40 | $67,500 |
Bj Lingren Chairperson | Trustee | 4 | $0 |
Lou Nanne Vice Chair | Trustee | 2 | $0 |
Dave Guckenberg Treasurer | Trustee | 4 | $0 |
Ole Hovde Secretary | Trustee | 2 | $0 |
Tanner Londo Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,790,415 |
| Investment income | $3,662 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,972 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,810,049 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $1,490,913 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $65,920 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,796 |
| Pension plan accruals and contributions | $1,756 |
| Other employee benefits | $6,738 |
| Payroll taxes | $10,236 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,713 |
| Fees for services: Accounting | $16,444 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,254 |
| Fees for services: Other | $15,789 |
| Advertising and promotion | $34,531 |
| Office expenses | $47,229 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,329 |
| 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 | $1,307 |
| Insurance | $3,725 |
| All other expenses | $0 |
| Total functional expenses | $1,776,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $357,555 |
| Savings and temporary cash investments | $205,500 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,000 |
| 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 | $6,000 |
| Investments—publicly traded securities | $201,941 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $778,239 |
| Accounts payable and accrued expenses | $34,362 |
| 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 | $34,362 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $743,877 |
Grants Recieved
Over the last fiscal year, we have identified 22 grants that Best Christmas Ever Inc has recieved totaling $215,253.
| Awarding Organization | Amount |
|---|---|
Kowalskis 4 Kids Eagan, MN PURPOSE: PROVIDE BEST CHRISTMAS EVER TO FAMILIES IN NEED | $100,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $51,653 |
Thielen Foundation Inc Minneapolis, MN PURPOSE: AID TO FAMILIES AND CHILDREN | $20,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $7,140 |
Allegis Group Foundation Inc Hanover, MD PURPOSE: GENERAL USE | $6,000 |
Lahti Family Foundation 6203301 0840197 Detroit, MI PURPOSE: SUPPORT OF DAILY OPERATIONS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nexus-Woodbourne Family Healing Plymouth, MN | $7,774,084 | $15,090,420 |
Fem Electric Association Inc Ipswich, SD | $42,436,941 | $15,874,732 |
Benedictine Living Communities - Bismarck Inc Minneapolis, MN | $16,928,888 | $16,060,276 |
Simpson Housing Services Inc Minneapolis, MN | $10,361,616 | $11,738,483 |
Art Of Living Foundation Fairfield, IA | $25,087,396 | $11,765,416 |
Land O L Foundation St Paul, MN | $1,405,792 | $8,007,013 |
Bridging Incorporated Bloomington, MN | $8,455,401 | $8,965,404 |
Opportunities Unlimited Sioux City, IA | $5,084,189 | $7,147,348 |
Tieszen Memorial Home Inc Marion, SD | $6,223,545 | $5,748,727 |
Lakeshore Cap Inc Of Wisconsin Manitowoc, WI | $4,910,382 | $5,227,133 |
Internet Security Research Group Minneapolis, MN | $6,123,679 | $6,560,425 |
Central Minnesota Housing Partnership Inc St Augusta, MN | $21,605,447 | $4,430,262 |