More Than A Bed
- Assets
- $2.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 19
- Location
- Tucson, AZ
- Founding
- 09/2014
- Data as of
- 06/2024
- EIN
- 47-1660757
Organization Overview
More Than A Bed is located in Tucson, AZ. The organization was established in 2014. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 06/2024, More Than A Bed employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. More Than A Bed 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 06/2024, More Than A Bed generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 36.9% each year . All expenses for the organization totaled $1.3m during the year ending 06/2024. While expenses have increased by 41.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
FAITH BASED RESOURCE CENTER FOR FOSTER, KINDSHIP, ADOPTIVE AND CONGREGATE CARE CHILDREN IN ARIZONA
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grace Stocksdale Executive Director | Officer | 50 | $76,876 |
Anne-Marie Braswell Director | Trustee | 3 | $0 |
Eli Bunch Director | Trustee | 3 | $0 |
Lara Iacobucci Director | Trustee | 3 | $0 |
Jon Reardon Director | Trustee | 2 | $0 |
Rufus Tamayo Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $120 |
| Membership dues | $0 |
| Fundraising events | $23,707 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,493,243 |
| Noncash contributions included in lines 1a–1f | $635,148 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,517,070 |
| Total Program Service Revenue | $0 |
| Investment income | $37,009 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,479 |
| Net Income from Fundraising Events | -$13,102 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,560,456 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $770,034 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,330 |
| Compensation of current officers, directors, key employees. | $40,165 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $281,309 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,159 |
| Payroll taxes | $31,717 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $795 |
| Fees for services: Accounting | $2,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,206 |
| Fees for services: Other | $5,419 |
| Advertising and promotion | $7,816 |
| Office expenses | $29,096 |
| Information technology | $23,453 |
| Royalties | $0 |
| Occupancy | $29,426 |
| Travel | $2,794 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,520 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,494 |
| Insurance | $17,326 |
| All other expenses | $8,220 |
| Total functional expenses | $1,343,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $297,156 |
| Savings and temporary cash investments | $888,651 |
| Pledges and grants receivable | $5,585 |
| 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 | $47,164 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,008,781 |
| Investments—publicly traded securities | $601,782 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,849,119 |
| Accounts payable and accrued expenses | $13,181 |
| 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 | $13,181 |
| Net assets without donor restrictions | $2,815,240 |
| Net assets with donor restrictions | $20,698 |
| 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 | $2,849,119 |