Totals
- Total revenue
- $1,644,516
- Total expenses
- $1,191,776
- Contributions and grants received
- $1,117,610
- Grants paid
- $0
- Program service revenue
- $439,936
- Investment income
- $2,759
- Other revenue
- $84,211
- Total assets, end of year
- $850,059
- Total liabilities, end of year
- $250
- Net assets or fund balances, end of year
- $849,809
- Program services expenses (Part IX)
- $994,984
- Management and general expenses
- $153,028
- Fundraising expenses
- $43,764
- Program service expenses (Part III)
- $994,984
Program services were 83.5% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$299,849
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$817,761
-
1g · Noncash contributions included above
$768,114
-
2a · Program service revenue: BUNDLE SUPPLY INVENTORY
total $439,936 · related or exempt $439,936 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $2,759 · related or exempt $0 · unrelated business $0 · excluded $2,759
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: gross income
$99,715
-
8a · Fundraising events: contributions included on line 1c
$299,849
-
8b · Fundraising events: direct expenses
$16,621
-
8c · Net income from fundraising events
total $83,094 · unrelated business $0 · excluded $83,094
-
10c · Net income from sales of inventory
total $0
-
11d · All other revenue
total $1,117 · related or exempt $1,117 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$1,117
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $88,750 · program services $62,125 · management and general $17,750 · fundraising $8,875
-
7 · Other salaries and wages
total $83,370 · program services $58,359 · management and general $16,674 · fundraising $8,337
-
9 · Other employee benefits
total $8,340 · management and general $8,340
-
11b · Fees: legal
total $3,108 · management and general $3,108
-
11c · Fees: accounting
total $1,496 · management and general $1,496
-
11g · Fees: other
total $34,724 · management and general $34,724
-
12 · Advertising and promotion
total $39 · management and general $39
-
13 · Office expenses
total $7,854 · management and general $7,854
-
14 · Information technology
total $14,510 · management and general $14,510
-
16 · Occupancy
total $29,387 · management and general $29,387
-
17 · Travel
total $1,325 · management and general $1,325
-
24a · Other expenses: IN-KIND PRODUCT EXPENSE
total $768,114 · program services $768,114 · management and general $0 · fundraising $0
-
24b · Other expenses: BUNDLE SUPPLIES
total $147,740 · program services $106,386 · management and general $14,802 · fundraising $26,552
-
24e · All other expenses
total $3,019 · management and general $3,019
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $217,354 · end of year $231,508
-
2 · Savings and temporary cash investments
beginning of year $175,904 · end of year $178,615
-
8 · Inventories for sale or use
beginning of year $548,558 · end of year $439,936
-
17 · Accounts payable and accrued expenses
end of year $250
-
27 · Net assets without donor restrictions
beginning of year $935,669 · end of year $849,809
-
28 · Net assets with donor restrictions
beginning of year $6,147 · end of year $0
Mission and programs · 2023
Mission
OUR MISSION IS TO PROVIDE A BUNDLE OF CLOTHING AND ESSENTIAL BABY ITEMS TO FAMILIES LIVING IN FINANCIAL NEED IN THE CHARLOTTE AREA, HELPING TO FOSTER A MORE POSITIVE START FOR THEIR NEWBORN BABY.
-
BABY BUNDLES PROVIDES BABY ESSENTIALS TO FAMILIES IN THE CHARLOTTE AREA WHO ARE LIVING AT OR BELOW THE POVERTY LINE, HELPING THEM GET A POSITIVE START WITH THEIR BABY. BABY BUNDLES PARTNERS WITH 18 COMMUNITY AGENCIES AND LOCAL HOSPITALS TO IDENTIFY THE FAMILIES IN NEED WHO WILL RECEIVE A BUNDLE OF CLOTHING, BLANKES, BOOKS AND TOYS. OUR BUNDLE MEETS AN EMERGENT NEED BUT WILL ALSO LAST OVER THE FIRST YEAR OF LIFE, SUPPORTING BASIC CLOTHING NEEDS, PROMOTING AN INFANT'S BRAIN GROWTH AND DEVELOPMENT, AND FOSTERING CAREGIVER AND INFANT BONDING, ALL OF WHICH HELPS GIVE THE NEWBORN A POSITIVE START TO LIFE. THE CONTENTS OF THE BAG ARE WORTH APPROXIMATELY $350, HELPING FAMILIES BEGIN PARENTHOOD ON THE RIGHT FOOT. APPROXIMATELY 72% OF BABY BUNDLES' EXPENSES ARE PROGRAM EXPENSES WHICH INCLUDE SOME DONATED BUNDLE SUPPLIES. NOT INCLUDED, HOWEVER, IS THE VALUE OF HUNDREDS OF VOLUNTEER HOURS OR THE VALUE OF DONATED WAREHOUSE SPACE, ALL OF WHICH BABY BUNDLES IS VERY FORTUNATE TO RECEIVE. IF THE VALUE OF THESE COULD BE INCLUDED IN THE REPORTED PROGRAM EXPENSE, THE PROGRAM EXPENSE PERCENTAGE WOULD BE MUCH HIGHER.
Expenses $994,984 · Revenue $439,936
As filed on the 2023 return.
Listed in Part VII
-
PAULA FOUST
EXECUTIVE DIRECTOR
- Total calculated
- $88,750
- From this org
- $88,750
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
KEVIN BALLANTINE
CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
ROBERT GRANT
CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
GEORGE WEBB
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
CHRISTEN GREER
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
NEPHERTERRA BEST
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
SARA BROWN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
GIANNA FIGARO-STERLING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
EMILY HARRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
GREG HATCHER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
ALLISON LATOS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
HEATHER LEAVITT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
CAT LONG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
DIEP NGUYEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
CHAD REEVES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
STEPHANIE SCHWAB
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 September 2024
- IRS schema version
- 2023v5.0
- Source object
- 202412619349300426
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