BUNDLES OF LOVE

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

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

Bundles of Love is a volunteer driven non-profit organization that partners with community service agencies to assist Minnesota families in need by providing handmade baby clothing, bedding and basic care items for their newborns.

Program Service Accomplishments

Program 1

Expenses: $416,543 Revenue: $411,195

Provided handmade baby clothing, bedding and basic care items for newborns.

Program 2

Expenses: $0 Revenue: $0

n/a

Program 3

Expenses: $0 Revenue: $0

n/a

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

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