MY STUFF BAGS FOUNDATION

EIN: 954671812 501(c)(3) Education

WESTLAKE VILLAGE, CA

Total Revenue
$2,632,953
Total Expenses
$2,397,073
Total Assets
$5,248,623
Net Assets
$4,457,256
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
CA
Principal Officer
JANEEN HOLMES
Phone
8188653860
Tax Period
2023-01-01 to 2023-12-31

MY STUFF BAGS FOUNDATION, founded in 1998, is a community nonprofit in the Education sector that reported $2.6M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $2.4M left a modest 9% surplus.

Mission

PROVIDE NEW BELONGINGS, COMFORT, AND HOPE TO THOUSANDS OF CHILDREN EACH YEAR WHO MUST BE RESCUED FROM ABUSE, NEGLECT, AND ABANDONMENT ACROSS THE UNITED STATES. WE ADDRESS THE IMMEDIATE PHYSICAL AND EMOTIONAL NEEDS OF RESCUED CHILDREN AND HELP SUPPORT THE AGENCIES CARING FOR THEM.

Program Service Accomplishments

Program 1
Expenses: $2,256,747

PROVIDE NEW BELONGINGS, COMFORT, AND HOPE TO THOUSANDS OF CHILDREN EACH YEAR WHO MUST BE RESCUED FROM ABUSE, NEGLECT, AND ABANDONMENT ACROSS THE UNITED STATES. WE ADDRESS THE IMMEDIATE PHYSICAL AND...

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PROVIDE NEW BELONGINGS, COMFORT, AND HOPE TO THOUSANDS OF CHILDREN EACH YEAR WHO MUST BE RESCUED FROM ABUSE, NEGLECT, AND ABANDONMENT ACROSS THE UNITED STATES. WE ADDRESS THE IMMEDIATE PHYSICAL AND EMOTIONAL NEEDS OF RESCUED CHILDREN AND HELP SUPPORT THE AGENCIES CARING FOR THEM.

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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 $2,632,953
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,632,953

Expense Breakdown

Grants Paid $0
Salaries & Benefits $274,084
Fundraising Expenses $70,158
Program Expenses $2,256,747
Other Expenses $2,122,989
TOTAL EXPENSES $2,397,073

Year-over-Year Comparison

2023 2022 Change
Revenue $2,632,953 $2,843,046 -0.1%
Expenses $2,397,073 $2,378,916 +0.0%
Net Income $235,880 $464,130 -0.5%
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

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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
5
Independent Members
4
Employees
7
Volunteers
N/A

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
3
$158,193
Total Directors
5
$158,193
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANEEN HOLMES CEO 40.00
Officer Director
$153,375 $4,818 $158,193
RANDY STRONG CHAIR 0.50
Officer Director
$0 $0 $0
TERESA MCKEE TREASURER 6.00
Officer Director
$0 $0 $0
VERNE BRIZENDINE DIRECTOR 0.25
Director
$0 $0 $0
BOB LENNON DIRECTOR 0.25
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $2,632,953 $2,397,073 $5,248,623 $235,880
2022 $2,843,046 $2,378,916 $4,445,820 $464,130
2021 $2,492,285 $2,281,479 $3,960,792 $210,806
2020 $2,413,573 $2,134,654 $3,779,966 $278,919
2019 $1,811,957 $1,904,366 $3,352,455 $-92,409
2018 $2,101,038 $1,954,174 $3,460,752 $146,864
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