Childrens Blankets Of Love is located in Fuquay Varina, NC. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, 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. Childrens Blankets Of Love 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 12/2023, Childrens Blankets Of Love generated $5.3k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 57.3% each year . All expenses for the organization totaled $2.8k during the year ending 12/2023. While expenses have increased by 47.2% per year over the past 2 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
2023
Describe the Organization's Program Activity:
Part 3
BLANKETS DONATED TO NEWBORN BABIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Marchioni President | 2 | $0 | |
Walter Weeks Vice President | 0 | $0 | |
Ana Wadsworth Secretary | 0 | $0 | |
Chris Craney Treasurer | 0 | $0 | |
Reagan Naylor Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,318 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,318 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,297 |
| Total expenses | $2,797 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,917 |
| Other assets | $0 |
| Total assets | $5,271 |
| Total liabilities | $1,890 |
| Net assets or fund balances | $3,381 |