BUNDLES OF LOVE

EIN: 411992691 501(c)(3) Health Care

Apple Valley, MN

Total Revenue
$411,223
Total Expenses
$421,502
Total Assets
$80,071
Net Assets
$80,071
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
MN
Principal Officer
Mary Jo Prinsen
Phone
9528086882
Tax Period
2023-01-01 to 2023-12-31

BUNDLES OF LOVE, founded in 2000, is a small nonprofit in the Health Care sector that reported $411K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

Produce and provide infant clothing, blankets and bereavement items for newborns to families in crisis in Minnesota. Over 153,331 hours were donated by 758 volunteers to produce 5,532 bundles and 171,018 items that were donated to over 140 agencies which helped an estimated 5,661 families.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $411,195
Program Service Revenue $0
Investment Income $28
Other Revenue $0
TOTAL REVENUE $411,223

Expense Breakdown

Grants Paid $330,554
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $416,543
Other Expenses $90,948
TOTAL EXPENSES $421,502

Year-over-Year Comparison

2023 2022 Change
Revenue $411,223 $376,939 +0.1%
Expenses $421,502 $367,466 +0.1%
Net Income $-10,279 $9,473 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
758

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Jo Prinsen President 6
Officer Director
$0 $0 $0
Sandra Hamlin Vice President 6
Officer Director
$0 $0 $0
Ben Kann Technology Director 6
Officer Director
$0 $0 $0
Gretchen Wilbrandt Director of Fundraising 6
Officer Director
$0 $0 $0
Nikki Wee-Moretto Director of Marketing 6
Officer Director
$0 $0 $0
Donna Rooney Treasurer 6
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $411,223 $421,502 $80,071 $-10,279
2022 $376,939 $367,466 $85,678 $9,473
2021 $331,653 $351,824 $82,254 $-20,171
2020 $350,356 $348,275 $103,658 $2,081
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