Mother to Mother
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$5,268,092.00
Projected Expenses
$5,268,092.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
mother to mother irs ltr |
Detailed Financials
Revenue and Expenses
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Total Revenue | $355,922.00 | $4,436,479.00 | $2,219,376.00 |
Total Expenses | $387,650.00 | $3,963,714.00 | $1,627,508.00 |
Revenue Less Expenses | ($31,728.00) | $472,765.00 | $591,868.00 |
Revenue Sources
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
Government - Federal | $0.00 | $0.00 | $0.00 |
Government - State | $0.00 | $0.00 | $0.00 |
Government - Local | $0.00 | $0.00 | $0.00 |
Government - Unspecified | $0.00 | $27,897.00 | $0.00 |
Contributions, Gifts, and Grants | $355,922.00 | $282,328.00 | $2,226,942.00 |
Indirect Public Support | $0.00 | $0.00 | $0.00 |
Earned Revenue | $0.00 | $0.00 | $0.00 |
Investment Income, Net of Losses | $0.00 | $0.00 | $0.00 |
Membership Dues | $0.00 | $0.00 | $0.00 |
Special Events | $0.00 | $0.00 | $-7,566.00 |
Revenue In-Kind | $0.00 | $4,126,254.00 | $0.00 |
Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Program Expense | $325,307.00 | $3,917,606.00 | $1,572,512.00 |
Administration Expense | $53,050.00 | $35,252.00 | $43,178.00 |
Fundraising Expense | $9,294.00 | $10,856.00 | $11,818.00 |
Total Revenue/Total Expenses | 92% | 112% | 136% |
Program Expense/Total Expenses | 84% | 99% | 97% |
Fundraising Expense/Contributed Revenue | 2% | 0% | 1% |
Top Funding Sources
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $355,922.00 | Noncash Contributions $4,126,254.00 | Contributions, Gifts and Grants $2,226,942.00 |
Second Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $282,328.00 | $0.00 |
Third Highest Funding Source & Dollar Amount | $0.00 | Government Grants $27,897.00 | $0.00 |
Assets and Liabilities
Fiscal Year | 2022 | 2021 | 2020 |
---|---|---|---|
Total Assets | $1,521,179.00 | $1,535,164.00 | $1,073,158.00 |
Current Assets | $1,483,057.00 | $1,492,216.00 | $1,024,755.00 |
Long-Term Liabilities | $0.00 | $0.00 | $27,897.00 |
Current Liabilities | $38,211.00 | $20,468.00 | $3,330.00 |
Total Net Assets | $1,482,968.00 | $1,514,696.00 | $1,041,931.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
CEO/Executive Director/Board Comments
Revenue: In-Kind Donations: $4,500,000 Cash Donations: $767,692 Mother To Mother has seen a sharp increase in the amount of in-kind donations generated throughout the pandemic. We are fortunate to be able to have more goods to distribute in the community, but the financials can appear "misleading" as we value our donations at a fair market value to be consistent with tax code Section 1.170A-1. Please also note that Nashville Voluntary Organizations Active in Disasters (VOAD) is budgeted for $1,000,000, but is only applicable when there is a local disaster and not relevant every year. Our 2022 audit and taxes are in progress. |
Foundation Staff Comments
Financial figures taken from 990. Foundation and corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990. Form 990 was prepared by Blankenship CPA Group, PLLC. Comments provided by Nicole Rose 11/20/2023. |