MY VERY OWN BLANKET PROJECT INC

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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

2003

Legal Domicile

Principal Officer

JESSICA RUDOLPH

Phone

6145303327

Tax Period

2025-01-01 to 2025-12-31

MY VERY OWN BLANKET PROJECT INC, founded in 2003, is a community nonprofit in the Human Services sector that reported $2.1M in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year.

Mission

MY VERY OWN BLANKET IS DEDICATED TO WARMING THE HEART OF EVERY CHILD IN THE FOSTER CARE SYSTEM WITH A BLANKET WHICH GIVES THEM FEELINGS OF COMFORT, SECURITY, AND MOST OF ALL, A SMILE.WE CONNECT DIVERSE PEOPLE, COMMUNITY GROUPS, BUSINESSES AND SERVICES THROUGH THIS VOLUNTEER OPPORTUNITY AND MINISTRY TO OUR CHILDREN IN FOSTER CARE. THESE GIFTS ARE COMFORTING AND FAMILIAR AND CHILDREN CAN TAKE THEM FROM ONE HOME TO ANOTHER.THROUGH THE LOVING CARE OF VOLUNTEERS, THOUSANDS OF BLANKETS ARE DONATED EACH YEAR TO CHILDREN IN FOSTER CARE. EACH BLANKET IS PERSONALIZED WITH THE CHILD'S NAME, A TRADITION FOR "MY VERY OWN BLANKET" SINCE 1999.

Program Service Accomplishments

Program 1

Expenses: $1,375,136

WE CONNECT DIVERSE PEOPLE, COMMUNITY GROUPS, BUSINESSES AND SERVICES THROUGH THIS VOLUNTEER OPPORTUNITY AND MINISTRY TO OUR CHILDREN IN FOSTER CARE. THESE GIFTS ARE COMFORTING AND FAMILIAR AND...

WE CONNECT DIVERSE PEOPLE, COMMUNITY GROUPS, BUSINESSES AND SERVICES THROUGH THIS VOLUNTEER OPPORTUNITY AND MINISTRY TO OUR CHILDREN IN FOSTER CARE. THESE GIFTS ARE COMFORTING AND FAMILIAR AND CHILDREN CAN TAKE THEM FROM ONE HOME TO ANOTHER. THROUGH THE LOVING CARE OF VOLUNTEERS, THOUSANDS OF BLANKETS ARE DONATED EACH YEAR TO CHILDREN IN FOSTER CARE. EACH BLANKET IS PERSONALIZED WITH THE CHILD'S NAME.WE HAVE HUNDREDS OF BLANKET ANGELS, WORKING ALONE OR WITH A GROUP, WHO MAKE BLANKETS OCCASIONALLY, OR JUST ONCE. WE ALSO HAVE BLANKET ANGELS FROM ACCROSS THE COUNTRY WHO HAVE MADE AN ONGOING, MULTI-YEAR COMMITMENT TO PROVIDING BLANKETS. WE VALUE EVERY BLANKET ANGEL AND EVERY BLANKET.DURING THE YEAR, OUR BLANKETS REACHED CHILDREN IN FOSTER CARE FROM THROUGHOUT THE UNITED STATES THROUGH OUR NON-PROFIT PARTNERS, AS WELL AS A GROWING NUMBER OF PUBLIC AND PRIVATE FOSTER CARE AGENCIES ACROSS THE U.S.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $2,054,613

Program Service Revenue $0

Investment Income $1,906

Other Revenue $0

TOTAL REVENUE $2,056,519

Expense Breakdown

Grants Paid $0

Salaries & Benefits $114,048

Fundraising Expenses $434,750

Program Expenses $1,375,136

Other Expenses $1,901,698

TOTAL EXPENSES $2,015,746

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,056,519	$2,422,522	-0.2%
Expenses	$2,015,746	$2,356,421	-0.1%
Net Income	$40,773	$66,101	-0.4%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

22500

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

$81,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAM PRICE	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
KIM MESTELLER	BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
DAVID ROWLAND	TREASURER	1.00	Officer Director	$0	$0	$0
MORIAH PHILLIP	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
TYRA POUNCY	BOARD MEMBER	1.00	Director	$0	$0	$0
HUNTER LEGEZA	BOARD MEMBER	1.00	Director	$0	$0	$0
SHANNON STARK	BOARD MEMBER	1.00	Director	$0	$0	$0
MATT STEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
MAC CORDELL	BOARD MEMBER	1.00	Director	$0	$0	$0
JESSICA RUDOLPH	CEO	40.00	Officer	$81,200	$0	$81,200

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
2025	$2,056,519	$2,015,746	$551,391	$40,773
2024	$2,422,522	$2,356,421	$481,318	$66,101
2023	$2,638,502	$2,520,628	$396,957	$117,874
2022	$2,485,684	$2,379,936	$266,194	$105,748
2021	$1,744,701	$1,710,399	$161,967	$34,302
2020	$1,322,090	$1,322,816	$128,827	$-726
2019	$1,385,111	$1,299,965	$138,348	$85,146
2018	$312,707	$305,542	$53,202	$7,165