Gifts For Seniors
- Assets
- $161.6k
- Revenue
- $522.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Roseville, MN
- Founding
- 04/2010
- Data as of
- 06/2021
- EIN
- 26-2890591
Organization Overview
Gifts For Seniors is located in Roseville, MN. The organization was established in 2010. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Gifts For Seniors employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gifts For Seniors is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Gifts For Seniors generated $522.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $499.1k during the year ending 06/2021. While expenses have increased by 34.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GIFTS FOR SENIORS PROVIDES GIFT RESOURCES AND LIFE-AFFIRMING PERSONAL CONTACT FOR ISOLATED OLDER ADULTS. WITH THE CRITICAL SUPPORT OF INDIVIDUAL DONORS, CORPORATE PHILANTHROPY, COMMUNITY VOLUNTEERS AND AGENCY PARTNERSHIPS, WE STRIVE TO ALLEVIATE THE LOSS OF CONNECTION TO OTHERS AND THE DEVASTATING SPIRAL INTO ISOLATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIFTS FOR SENIORS PROVIDED NEW GIFT RESOURCES TO OVER 7,000 SOCIALLY ISOLATED SENIORS DURING THE 2020-2021 FISCAL YEAR. OUR YEAR-ROUND PROGRAMMING INCLUDES MONTHLY SOCIAL INTENTIONAL VISITS WITH GIFTS, THE COUNCIL OF JOY (NOMINATE A SENIOR IN NEED), TABLETS FOR SENIORS, CARDS FOR SENIORS, AND OUR ANNUAL HOLIDAY GIFT GIVING PROGRAM THAT ENSURES NO ONE IS FORGOTTEN. GIFTS AND NEEDED RESOURCES ARE DONATED BY OVER 200 CORPORATE PARTNERS AND THOUSANDS OF INDIVIDUAL DONORS PASSIONATE ABOUT ALLEVIATING LONELINESS AND PRESERVING COMMUNITY CONNECTIONS FOR AGING WELL. GIFTS FOR SENIORS MEETS ITS SOCIAL MISSION BY PARTNERING WITH OVER 150 SOCIAL SERVICE AGENCIES TO BRING JOY TO OLDER ADULTS IN THE COMMUNITY. OUR SUCCESS WOULD NOT BE POSSIBLE WITHOUT THE SUPPORT AND ENGAGEMENT OF OUR AMAZING COMMUNITY OF VOLUNTEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Deters Executive Direc | Officer | 15 | $19,877 |
Halo Stafford Treasurer | Officer | 2 | $0 |
Stan Ross Board Chair | Officer | 2 | $0 |
Wendy Dimartini At Large | Officer | 2 | $0 |
Anne Pahl Secretary | Officer | 6 | $0 |
Gretchen Olmsheid Vice Chair | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $49,980 |
| All other contributions, gifts, grants, and similar amounts not included above | $471,136 |
| Noncash contributions included in lines 1a–1f | $427,060 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $521,116 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,721 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $522,841 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $437,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $19,877 |
| Compensation of current officers, directors, key employees. | $1,987 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,025 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,876 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $75 |
| Fees for services: Accounting | $2,007 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $210 |
| Advertising and promotion | $75 |
| Office expenses | $47 |
| Information technology | $3,924 |
| Royalties | $0 |
| Occupancy | $8,881 |
| Travel | $403 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $94 |
| Insurance | $3,939 |
| All other expenses | $1,569 |
| Total functional expenses | $499,077 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,633 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $127,984 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $161,617 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $33,633 |
| Net assets with donor restrictions | $127,984 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $161,617 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gifts For Seniors has recieved totaling $100.
| Awarding Organization | Amount |
|---|---|
Xcel Energy Foundation Minneapolis, MN PURPOSE: MATCHING EMPLOYEE DONATION | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wallin Education Partners St Paul, MN | $25,848,040 | $10,926,258 |
New American Development Center Minneapolis, MN | $3,930,676 | $9,122,032 |
Bluesky Charter School Bloomington, MN | $6,912,497 | $6,906,603 |
Us Math Recovery Council Eagan, MN | $3,296,483 | $6,771,005 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |
Woodbury Leadership Academy Woodbury, MN | $4,350,331 | $5,912,313 |
Uw-Platteville Real Estate Foundation Inc Platteville, WI | $45,856,338 | $5,901,983 |
Barr Center St Louis Park, MN | $8,287,138 | $8,108,042 |
Great Mn Schools Minneapolis, MN | $411,897 | $3,619,260 |
Iowa Western Community College Foundation Council Bluffs, IA | $36,011,501 | $4,880,435 |
West River Foundation Sturgis, SD | $7,568,333 | $3,921,124 |
Sicangu Owayawa Oti-Rosebud Dormitory Mission, SD | $5,924,789 | $2,325,210 |