Totals
- Total revenue
- $833,589
- Total expenses
- $844,492
- Contributions and grants received
- $820,843
- Grants paid
- $558,601
- Program service revenue
- $0
- Investment income
- $12,746
- Other revenue
- $0
- Total assets, end of year
- $445,779
- Total liabilities, end of year
- $3,065
- Net assets or fund balances, end of year
- $442,714
- Program services expenses (Part IX)
- $797,084
- Management and general expenses
- $25,235
- Fundraising expenses
- $22,173
- Program service expenses (Part III)
- $797,084
Program services were 94.4% 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.
-
1e · Government grants (contributions)
$25,000
-
1f · All other contributions, gifts and grants
$795,843
-
1g · Noncash contributions included above
$604,275
-
3 · Investment income
total $12,746 · excluded $12,746
-
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
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $558,601 · program services $558,601
-
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 $105,450 · program services $89,633 · management and general $5,272 · fundraising $10,545
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $39,363 · program services $33,459 · management and general $1,968 · fundraising $3,936
-
8 · Pension plan contributions
total $26,350 · program services $22,398 · management and general $1,317 · fundraising $2,635
-
9 · Other employee benefits
total $659 · program services $560 · management and general $33 · fundraising $66
-
10 · Payroll taxes
total $10,402 · program services $8,842 · management and general $520 · fundraising $1,040
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $10,578 · management and general $10,578
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $172 · program services $172
-
12 · Advertising and promotion
total $390 · management and general $390
-
13 · Office expenses
total $338 · management and general $338
-
14 · Information technology
total $8,473 · program services $7,202 · management and general $424 · fundraising $847
-
15 · Royalties
total $0
-
16 · Occupancy
total $19,986 · program services $16,988 · management and general $999 · fundraising $1,999
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $347 · program services $347
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $2,846 · management and general $2,846
-
24a · Other expenses: Clothing & Supplies - Donated
total $47,464 · program services $47,464
-
24b · Other expenses: Transportation
total $5,289 · program services $4,496 · management and general $264 · fundraising $529
-
24c · Other expenses: Meals & Meetings
total $2,045 · program services $1,738 · management and general $102 · fundraising $205
-
24d · Other expenses: Equipment and Software
total $1,758 · program services $1,494 · management and general $88 · fundraising $176
-
24e · All other expenses
total $3,981 · program services $3,690 · management and general $96 · fundraising $195
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $141,231 · end of year $42,935
-
2 · Savings and temporary cash investments
beginning of year $310,956 · end of year $401,532
-
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
end of year $0
-
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 $1,616 · end of year $1,312
-
17 · Accounts payable and accrued expenses
beginning of year $126 · end of year $3,065
-
31 · Retained earnings, endowment or other funds
beginning of year $453,677 · end of year $442,714
Mission and programs · 2024
Mission
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 the community starts with serving our most vulnerable members.
-
In 2024, Loved Twice provided a full year of clothing to 2,302 newborns in need, distributing 172,650 essential garments with an estimated retail value of $604,275!Since 2005, Loved Twice has provided 38,889 newborns a full years worth of baby clothes, helping vulnerable families meet their basic needs while keeping over 388,890 pounds of clothing out of landfills. This includes 2,916,675 essential garments recycled into underserved communities with an estimated retail value of $10,208,362.
Expenses $797,084
As filed on the 2024 return.
Listed in Part VII
-
Lisa Klein
Executive Dir.
- Total calculated
- $105,450
- From this org
- $105,450
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Ursela Knezevic
CFO
- Total calculated
- $0
- Hours/week
- 1
-
Amy Dunnigan
Chairperson
- Total calculated
- $0
- Hours/week
- 1
-
Kathy Kaspar
Secretary
- 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
-
For newborn babies in need
-
For newborn babies in need
-
For newborn babies in need
-
For newborn babies in need
-
For newborn babies in need
-
For newborn babies in need
-
For newborn babies in need
-
For newborn babies in need
-
For newborn babies in need
-
For newborn babies in need
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 April 2025
- IRS schema version
- 2024v5.1
- Source object
- 202541209349303474
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.