Overview
What is Baby Bundles?
Baby Bundles is a nonprofit organization situated in Charlotte, North Carolina. Their primary focus is to assist families living in poverty by providing essential baby items, such as clothing, blankets, books, and toys. The organization collaborates with 18 community agencies and local hospitals to identify eligible families. The Baby Bundle, worth approximately $330, addresses an immediate need and supports the baby's development during the first year of life, promoting brain growth and fostering caregiver-infant bonding. Approximately 80% of Baby Bundles' expenses are program-related, with volunteer hours and donated warehouse space contributing significantly to their operations, although not included in the reported program expenses. The mission of Baby Bundles is to help families in the Charlotte area who live below the poverty line start their parenting journey on a positive note.
Official website here: www.babybundlesnc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating
Baby Bundles has earned a solid Three-Star rating from Charity Navigator, reflecting its commendable performance in accountability and finance. With an impressive 90% score in this category, the organization demonstrates a strong commitment to financial integrity, marked by a 91.33% program expense ratio and a perfect score of 10 for having no material diversion of assets. Additionally, the nonprofit's board is entirely independent, which enhances its governance standards.
The organization's culture and community score stands at 87%, indicating that it actively engages in equity strategies and maintains a healthy organizational culture. The presence of comprehensive policies such as conflict of interest and whistleblower protections showcases Baby Bundles' commitment to transparency and ethical practices. These strengths contribute to a robust operational framework that supports its mission.
While Baby Bundles shows notable strengths in its governance and financial management, the overall rating suggests there is still room for improvement. Future efforts to enhance its community engagement and operational outreach could further bolster its impact in the areas it serves. Overall, Baby Bundles is a reliable nonprofit dedicated to its cause, backed by strong accountability measures.
This AI summary has been generated from information found on Charity Navigator.
Is Baby Bundles legitimate?
Baby Bundles is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baby Bundles submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $88,810
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,290
For more financial information, click here
Official website here: www.babybundlesnc.org
What is the mission statement of Baby Bundles?
Baby Bundles' mission is centered around providing essential baby items to families living in poverty. By doing so, the organization aims to give these families a positive start with their newborns. Baby Bundles collaborates with 18 community agencies and local hospitals to identify families in need, supplying them with a bundle of clothing, blankets, books, and toys. This bundle not only meets an immediate need but also supports the infant's brain growth and development during the first year of life, fostering a strong caregiver-infant bond. The contents of the bag are worth approximately $330, providing a solid foundation for families as they embark on parenthood. While the majority of Baby Bundles' expenses are program-related, the organization also benefits from donated volunteer hours and warehouse space, contributing significantly to its operations.
Official website here: www.babybundlesnc.org
Who is the CEO of Baby Bundles?
Paula Foust is the Executive Director of Baby Bundles.
Official website here: www.babybundlesnc.org
What is the revenue of Baby Bundles?
Baby Bundles's revenue in 2022 was $1,573,809.
Official website here: www.babybundlesnc.org
Who are the executives of Baby Bundles and what are their salaries?
The average compensation at Baby Bundles during 2022 was $53,050. There are 2 employees and 1650 volunteers at Baby Bundles.
Here are 15 key members and their salaries:
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Official website here: www.babybundlesnc.org
Where can I find the form 990 for Baby Bundles?
Baby Bundles's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.babybundlesnc.org
Learn more at the official website: www.babybundlesnc.org
Mission Statement of Baby Bundles
Baby Bundles, a nonprofit organization, is dedicated to providing essential baby items to families living in poverty within the Charlotte area. Their mission is twofold: firstly, to offer a bundle of clothing, blankets, books, and toys to these families, helping them kickstart their parenting journey on a positive note. Secondly, the contents of the bundle are designed to support the infant's brain development, foster caregiver-infant bonding, and meet the family's basic clothing needs during the first year of the baby's life. The value of the bundle is approximately $330, and while program expenses account for around 80% of their budget, the organization is fortunate to receive numerous volunteer hours and donated warehouse space, which significantly contribute to their operations.
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Impact
October, 2024
Baby Bundles significantly impacts families in the Charlotte area who are living at or below the poverty line by providing essential baby items that promote a positive start for newborns. By partnering with 18 local community agencies and hospitals, the organization identifies families in need and helps them receive a bundle that includes clothing, blankets, books, and toys.
These bundles not only address immediate requirements but are also designed to last through the crucial first year of an infant's life. This support fosters caregiver-infant bonding, contributes to brain growth and development, and ensures that families have the basic necessities as they begin their parenting journey. Each bundle, valued at approximately $330, equips families with the tools they need to nurture and care for their babies effectively.
The organization’s commitment is reflected in its operational model, with about 80% of expenses dedicated to direct program costs. The extensive support from volunteers and donated warehouse space further amplifies the impact, enabling Baby Bundles to extend its reach and serve even more families in the community. Overall, Baby Bundles plays a vital role in alleviating some of the challenges faced by families in financial distress, contributing to healthier beginnings for their children.
This information is meant to be a general summary of Baby Bundles. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20
- Gross Receipts: $1,573,809
Assets and Liabilities:
- Total Assets: $941,816
- Total Liabilities: $0
- Net Assets: $941,816
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Organization Details
Founding Year
2010
Phone
(704) 705-0203Principal Officer
Paula Foust
Main Address
PO BOX 12303, CHARLOTTE, NC, 28220
Website
www.babybundlesnc.orgNTEE Category
Code: P60 - Human services
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