Love For Lily is located in Boulder, CO. The organization was established in 2013. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love For Lily 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 12/2022, Love For Lily generated $223.4k in total revenue. All expenses for the organization totaled $294.1k during the year ending 12/2022. While expenses have increased by 54.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT TO FAMILIES IN THE NEONATAL INTENSIVE CARE UNIT(NICU).THROUGH PROGRAMING WE AIM TO TEACH COPING SKILLS, BUILD COMMUNITY, AND BUILD TEAMS OF SUPPORT EASING THE STRESSES OF THE NICU.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACILITATED SUPPORT GROUPS- GROUP MEETINGS PROVIDE SAFE, WELCOMING, AND REGULAR OPPORTUNITIES FOR INDIVIDUAL AND SMALL GROUP CONNECTION, BUILDING COMMUNITY AND EASING THE LONELINESS AND FEAR THAT OFTEN ACCOMPANY A NICU STAY. THIS OFTEN UNEXPECTED AND UNFAMILIAR PATH FOR PARENTS QUICKLY BRINGS TO THE SURFACE DIFFICULT EMOTIONS AND THOUGHTS OF UNCERTAINTY, FAILURE, SHAME, AND GUILT, MIXED CONFUSINGLY WITH HAPPINESS AND JOY AT THE ARRIVAL OF THEIR CHILDREN. MANY PEOPLE HAVE NOT BEEN TAUGHT HOW TO NAVIGATE THESE EXPERIENCES, BUT WITH THE GUIDANCE OF TRAINED FACILITATORS, THE PARENTS ATTENDING OUR GROUP MEETINGS NOT ONLY GAIN NEW SKILLS, BUT THEY ALSO LEARN THAT THEY ARE NOT ALONE IN THEIR NICU JOURNEY.
ESSENTIAL BAGS - BAGS STUFFED WITH ITEAMS THAT CAN PROVIDE A LITTLE COMFORT AND EASE THE BURDEN OF LIFE IN THE NICU
GRANTS - HELP TO INSURE FAMILITES WHO SPEND FOUR OR MORE WEEKS IN THE NICU OBTAIN THERAPIES THAT SUPPORT THE WELL-BEING OF THEIR CHILD(REN).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sahra Cahoon Executive Director | Officer | 40 | $50,000 |
Valerie Dye Director, Nicu Nurse Representative | Trustee | 3 | $0 |
John Murphy Director, Grant Committee Co-Chair | Trustee | 5 | $0 |
Amanda Slater Burgie Director, Parent Representative | Trustee | 3 | $0 |
Patti Smith Director, Volunteer Committee Co-Chair | Trustee | 10 | $0 |
Chris Finer Director, Grant Committee Co-Chair | Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $106,281 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $95,634 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $201,915 |
Total Program Service Revenue | $39,000 |
Investment income | $127 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$17,628 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $223,414 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $644 |
Grants and other assistance to domestic individuals. | $33,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $50,000 |
Compensation of current officers, directors, key employees. | $21,500 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $3,826 |
Fees for services: Management | $101,135 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $950 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $2,818 |
Office expenses | $50,315 |
Information technology | $8,990 |
Royalties | $0 |
Occupancy | $10,800 |
Travel | $365 |
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 | $0 |
Insurance | $2,159 |
All other expenses | $0 |
Total functional expenses | $294,057 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $114,170 |
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 | $0 |
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 | $114,170 |
Accounts payable and accrued expenses | $2,101 |
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 | $2,101 |
Net assets without donor restrictions | $65,991 |
Net assets with donor restrictions | $46,078 |
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 | $114,170 |