Mother Bear Project
- Assets
- $151.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 06/2003
- Data as of
- 12/2022
- EIN
- 87-0696727
Organization Overview
Mother Bear Project is located in Minneapolis, MN. The organization was established in 2003. 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. Mother Bear Project 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, Mother Bear Project generated $93.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $102.9k during the year ending 12/2022. While expenses have increased by 2.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MOTHER BEAR PROJECT'S MISSION IS TO PROVIDE COMFORT AND HOPE TO CHILDREN IN EMERGING NATIONS THAT ARE HIGHLY AFFECTED BY HIV/AIDS. MOTHER BEAR PROJECT SENDS BEARS TO CHILDREN AFFECTED BY HIV/AIDS IN 26 AFRICAN COUNTRIES. THE GREAT MAJORITY ARE STILL BEING SENT TO SUB-SAHARAN AFRICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Albert Director | 1 | $0 | |
Barbara Lunde Director | 1 | $0 | |
Amy Berman Executuve Di | 45 | $39,000 | |
Geraldine Hoffman Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,141 |
| Total Program Service Revenue | $38,952 |
| Membership dues | $0 |
| Investment income | $48 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $225 |
| Total Revenue | $93,366 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,137 |
| Professional fees and other payments to independent contractors | $1,730 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,079 |
| Total expenses | $102,946 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $151,505 |
| Other assets | $0 |
| Total assets | $151,505 |
| Total liabilities | $714 |
| Net assets or fund balances | $150,791 |