Operation Blankets Of Love
- Assets
- $3.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 3
- Location
- Granada Hills, CA
- Founding
- 03/2009
- Data as of
- 12/2021
- EIN
- 80-0238786
Organization Overview
Operation Blankets Of Love is located in Granada Hills, CA. The organization was established in 2009. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Operation Blankets Of Love employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Operation Blankets 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 12/2021, Operation Blankets Of Love generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 9.4% 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
OPERATION BLANKET OF LOVE IS A ONE-OF-A-KIND, NATIONALLY RECOGNIZED 501(C)(3) NON-PROFIT ANIMAL WELFARE EMRIGENCY AND DISASTER RELIEF ORGANIZATION. SEE ATTACHED MISSION STATEMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
VOLUNTEERED SERVICES AND OUTREACH
DIRECT PUBLIC SOLICITIONS
OUTREACH FOR CORPORATION SPONSORSHIP AND DONATIONS
GENERAL EXPLANATION-FUNDRAISING AND MERCHANDISE SALES AND COSTS PROVIDING MATERIAL COMFORT ITEMS TO HOMELESS ANIMALS IN SHELTERS, RESCUE GROUPS AND FOSTER HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eileen Smulson Executive Director | Officer | 40 | $135,000 |
Bradley Smulson Director Of Operations | Officer | 40 | $90,075 |
Dr Robert Abrams V. President | Officer | 5 | $0 |
Laurie Vergo Treasurer | Officer | 5 | $0 |
Susan Newman Secretary | Officer | 5 | $0 |
Roger Brownell President | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $26,356 |
| Fundraising events | $52,106 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,506,812 |
| Noncash contributions included in lines 1a–1f | $680,630 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,585,274 |
| Total Program Service Revenue | $0 |
| Investment income | $595 |
| 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 | $1,585,869 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $225,074 |
| Compensation of current officers, directors, key employees. | $113,074 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,263 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,937 |
| Fees for services: Management | $15,486 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,577 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,401 |
| Office expenses | $11,686 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,526 |
| Travel | $19,932 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,997 |
| Interest | $101 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,346 |
| Insurance | $4,618 |
| All other expenses | $0 |
| Total functional expenses | $1,045,129 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $230,585 |
| Savings and temporary cash investments | $94,100 |
| 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 | $43,143 |
| Investments—publicly traded securities | $3,450,636 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,818,464 |
| Accounts payable and accrued expenses | $11,886 |
| 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 | $11,886 |
| Net assets without donor restrictions | $3,806,578 |
| 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 | $3,818,464 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Operation Blankets Of Love has recieved totaling $79,175.
| Awarding Organization | Amount |
|---|---|
Dj And T Foundation San Marino, CA PURPOSE: GENERAL SUPPORT OF SERVICE PROGRAM | $35,000 |
Diane Warren Foundation Los Angeles, CA PURPOSE: 501(C)(3) | $10,000 |
June Irene Chiltern Healey Foundation Pacific Palisades, CA PURPOSE: GENERAL CHARITABLE PURPOSE | $10,000 |
Doris Day Animal Foundation Omaha, NE PURPOSE: GAS AND REPAIRS FOR DELIVERY VANS USED TO ASSIST PETS OF THE HOMELESS. | $10,000 |
Thornton S Glide Jr And Katrina D Glide Foundation Davis, CA PURPOSE: PETS OF THE HOMELESS COMMUNITY OUTREACH PROJECT AND STRUGGLING LOW-INCOME PEOPLE WITH PETS IN SOUTHERN CALIFORNIA | $6,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $3,675 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Live Oak A Learning Center For Children San Francisco, CA | $40,489,721 | $19,594,406 |
Biocomx Dana Point, CA | $308,692 | $15,969,949 |
Open Up Resources Menlo Park, CA | $29,661,554 | $16,279,319 |
Teach-Org Inc San Francisco, CA | $5,801,007 | $13,162,873 |
The Reason Foundation Los Angeles, CA | $15,187,245 | $16,170,727 |
San Francisco Study Center Inc San Francisco, CA | $5,230,719 | $12,852,895 |
Hoffman Institute Foundation San Rafael, CA | $2,301,194 | $11,907,757 |
Legacy Traditional School Maricopa Chandler, AZ | $18,281,409 | $11,917,984 |
Cambiar Education San Diego, CA | $11,761,927 | $15,993,046 |
Associated Students Of California State University Chico Chico, CA | $29,452,040 | $13,695,718 |
Todays Fresh Start Los Angeles, CA | $38,805,224 | $12,503,064 |
Agape Fresno, CA | $5,383,451 | $10,431,263 |