Blessing Bags Project Inc
- Assets
- $65.8k
- Revenue
- $114.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Bradenton, FL
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 47-4714498
Organization Overview
Blessing Bags Project Inc is located in Bradenton, FL. The organization was established in 2016. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, 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. Blessing Bags Project 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 12/2021, Blessing Bags Project Inc generated $114.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 55.0% each year . All expenses for the organization totaled $128.1k during the year ending 12/2021. While expenses have increased by 64.5% per year over the past 3 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
DEDICATION TO THE HOMELSS AND LESS FORTUNATE BY PROVIDING BASIC CRITICAL NEEDS IN THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEDICATION TO THE HOMELESS AND LESS FORTUNATE BY PROVIDING BASIC CRITICAL NEEDS IN THE COMMUNITY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Hires Officer | OfficerTrustee | 0 | $0 |
Maryann Gauvin Officer | OfficerTrustee | 0 | $0 |
Julie Gantley Officer | OfficerTrustee | 0 | $0 |
Lauren Plante Director | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $60 |
| Fundraising events | $18,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $96,119 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,179 |
| Total Program Service Revenue | $0 |
| Investment income | $9 |
| 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 | $114,188 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500 |
| Grants and other assistance to domestic individuals. | $18,499 |
| Grants and other assistance to Foreign Orgs/Individuals | $587 |
| 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 | $250 |
| 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 | $3,579 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,223 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $21 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,619 |
| All other expenses | $5,777 |
| Total functional expenses | $128,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,843 |
| Savings and temporary cash investments | $0 |
| 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 | $65,843 |
| Accounts payable and accrued expenses | $6,583 |
| 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 | $6,583 |
| Net assets without donor restrictions | $59,260 |
| 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 | $65,843 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Blessing Bags Project Inc has recieved totaling $46,745.
| Awarding Organization | Amount |
|---|---|
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $29,735 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $9,411 |
Community Foundation Of Sarasota County Inc Sarasota, FL PURPOSE: GENERAL SUPPORT | $7,350 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $249 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Womans Missionary Union Foundation Birmingham, AL | $53,441,982 | $5,264,026 |
Walton Electric Trust Inc Monroe, GA | $5,022,901 | $2,337,063 |
The Empty Stocking Fund Inc Atlanta, GA | $3,409,829 | $2,169,289 |
Ferst Readers Inc Madison, GA | $2,420,121 | $2,368,538 |
Kid One Transport System Inc Birmingham, AL | $744,962 | $1,420,128 |
Margaret And Jack Tarver Family Foundation Orlando, FL | $14,491,968 | $1,093,258 |
Carolands Preservation Foundation Palm Beach, FL | $1,817,806 | $807,126 |
Edward D And Anna Mitchell Family Foundation A Delaware Corp Sarasota, FL | $5,062,154 | $357,034 |
Creating Connected Communities Atlanta, GA | $683,448 | $909,666 |
Baby Dj Maitland, FL | $96,114 | $483,347 |
Phelan Family Foundation Inc Naples, FL | $7,536,211 | $236,240 |
Marshall County Christmas Coalition Inc Guntersville, AL | $564,359 | $625,582 |