My Stuff Bags Foundation meets the 20 Standards for Charity Accountability.
-
Year, State Incorporated
1998, CA
-
-
-
Stated Purpose
"to provide new belongings, comfort and hope to thousands of children each year who must be rescued from abuse, neglect, abandonment, and homelessness across the United States."
The My Stuff Bags Foundation (MSBF) addresses the immediate physical and emotional needs of rescued children, and helps to support the agencies caring for them through delivery of duffel bags filled with new belongings including toys, toiletry items, apparel, school supplies, items of comfort and a hand-made blanket. Each bag is age and gender specific, with a name tag so that the child can take the bag with them as they transition to multiple sites. In 2019, MSBF reports it distributed 18,302 bags to children in 17 states and had over 2,000 volunteers prepare, stuff, and ship My Stuff Bags throughout the year.
For the year ended December 31, 2019, My Stuff Bags Foundation's program expenses were:
Program services |
$1,780,317 |
Total Program Expenses: |
$1,780,317 |
-
Chief Executive
Janeen Holmes, President and Chief Executive Officer
-
Compensation*
$130,475
-
Chair of the Board
Randy Strong
-
Chair's Profession / Business Affiliation
President, ACT Strong Marketing
-
Board Size
6
-
Paid Staff Size
4
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Other
Fundraising costs were 3% of related contributions. (Related contributions, which totaled $1,811,957, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on My Stuff Bags Foundation's audited financial statements for the year ended December 31, 2019.
Source of Funds |
In-kind contributions |
$1,075,746 |
Cash contributions |
$736,211 |
Total Income |
$1,811,957 |
- Programs: 94%
- Administrative: 3%
- Fundraising: 3%
Total Income |
$1,811,957 |
Program expenses |
$1,780,317 |
Fundraising expenses |
$61,214 |
Administrative expenses |
$62,835 |
Other expenses |
$0 |
Total expenses: |
$1,904,366 |
Income in Excess of Expenses |
$-92,409 |
Beginning Net Assets |
$3,366,613 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$3,274,204 |
Total Liabilities |
$78,251 |
Total Assets |
$3,352,455 |
Note: According to the organization's audited financial statements for the year ended December 31, 2019, MSBF received in-kind gifts totaling $1,075,746 in the form of children's belongings (e.g., toys, games, and books).