Totals
- Total revenue
- $804,060
- Total expenses
- $774,374
- Contributions and grants received
- $801,495
- Grants paid
- $560,700
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $2,565
- Total assets, end of year
- $440,046
- Total liabilities, end of year
- $550
- Net assets or fund balances, end of year
- $439,496
- Program services expenses (Part IX)
- $727,362
- Management and general expenses
- $28,943
- Fundraising expenses
- $18,069
- Program service expenses (Part III)
- $727,362
Program services were 93.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$801,495
-
1g · Noncash contributions included above
$560,700
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Misc Income
total $2,565 · related or exempt $2,565
-
11e · Other revenue, total
$2,565
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $560,700 · program services $560,700
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $112,500 · program services $95,625 · management and general $5,625 · fundraising $11,250
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $35,000 · program services $26,250 · management and general $7,000 · fundraising $1,750
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $791 · program services $672 · management and general $79 · fundraising $40
-
10 · Payroll taxes
total $9,994 · program services $8,250 · management and general $867 · fundraising $877
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $10,950 · management and general $10,950
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $990 · program services $954 · management and general $12 · fundraising $24
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $6,601 · program services $4,355 · management and general $988 · fundraising $1,258
-
14 · Information technology
total $505 · management and general $505
-
15 · Royalties
total $0
-
16 · Occupancy
total $26,178 · program services $22,689 · management and general $1,163 · fundraising $2,326
-
17 · Travel
total $7,760 · program services $7,070 · management and general $218 · fundraising $472
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $2,405 · program services $797 · management and general $1,536 · fundraising $72
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $188,616 · end of year $435,617
-
2 · Savings and temporary cash investments
beginning of year $204,124 · end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $22,354 · end of year $2,429
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $2,000 · end of year $2,000
-
17 · Accounts payable and accrued expenses
beginning of year $7,284 · end of year $550
-
31 · Retained earnings, endowment or other funds
beginning of year $409,810 · end of year $439,496
Mission and programs · 2022
Mission
To clothe newborns in need with quality reused baby clothing for the first year of life. For us, even one baby going without proper clothing is one too many. We believe community starts with serving our most vulnerable members.
-
The mission of Loved Twice is to clothe newborns in need with quality reused baby clothing for the first year of life. For us, even one baby going without proper clothing is one too many. We believe community starts with serving our most vulnerable members.Since 2005, Loved Twice has provided 34,711 newborns a full years worth of baby clothes, helping vulnerable families meet their basic needs while keeping over 347,110 pounds of clothing out of landfills. This includes 2,603,325 essential garments recycled into underserved communities with an estimated retail value of $9,111,637.
Expenses $727,362 · Grants $560,700
-
Loved Twice had another successful year clothing newborns-in-need. In 2022, donors of baby clothes cleaned out their closets to support our mission. These garments were lovingly packaged to provide 2,136 infants living in crisis a full year of clothing. Totaling 160,200 essential garments recycled into underserved communities with an estimated retail value of $560,700. Thats over 21,350 pounds of infant clothes!
As filed on the 2022 return.
Listed in Part VII
-
Lisa Klein
Executive Dir.
- Total calculated
- $112,500
- From this org
- $92,500
- From related orgs
- $0
- Other
- $20,000
- Hours/week
- 40
-
Amy Dunnigan
Chairperson
- Total calculated
- $0
- Hours/week
- 1
-
Kathy Kasper
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Nicole Fee
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Ursela Knezevic
CFO
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
Clothing for Newborn Babies in Need
-
Clothing for Newborn Babies in Need
-
Clothing for Newborn Babies in Need
-
Clothing for Newborn Babies in Need
-
Clothing for Newborn Babies in Need
-
Clothing for Newborn Babies in Need
-
Clothing for Newborn Babies in Need
-
Clothing for Newborn Babies in Need
-
Clothing for Newborn Babies in Need
-
Clothing for Newborn Babies in Need
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303109349303185
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.