Overview
What is My Very Own Blanket Project Inc?
My Very Own Blanket Project Inc is a compassionate nonprofit organization based in Westerville, Ohio. Their primary mission is to bring comfort and stability to children in foster care by providing personalized blankets. This initiative connects diverse individuals, community groups, businesses, and services, encouraging volunteer participation. Thousands of blankets are donated annually, each one bearing the child's name, a tradition that started in 1999. The organization values every volunteer, known as Blanket Angels, and appreciates their contributions, whether occasional or ongoing. In 2022, My Very Own Blanket Project Inc distributed blankets to children in foster care across 49 states, collaborating with various non-profit partners and foster care agencies.
Official website here: www.myveryownblanket.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (67%)
My Very Own Blanket Project Inc has received a two-star rating from Charity Navigator, indicating areas that require attention despite a strong score in accountability and finance. The organization excels in governance practices, with a fully independent board and high marks for material diversion of assets. However, the lack of a whistleblower policy and deficiencies in document retention practices raise concerns about operational transparency.
The program expense ratio suggests that a significant portion of the funds may not be directed towards program activities, which could affect the overall impact of the organization's work. Additionally, the fundraising efficiency ratio indicates challenges in raising funds effectively, implying that more resources may be needed to support its initiatives.
While the accountability measures in place are commendable, the organization faces notable limitations in its operational effectiveness and fundraising strategies. Addressing these issues could enhance its overall rating and ensure a more significant impact in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is My Very Own Blanket Project Inc legitimate?
My Very Own Blanket Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. My Very Own Blanket Project Inc 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: $70,027
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,573
For more financial information, click here
Official website here: www.myveryownblanket.org
What is the mission statement of My Very Own Blanket Project Inc?
My Very Own Blanket Project Inc's mission is centered around providing comfort and a sense of security to children in the foster care system. Through their initiative, they aim to distribute blankets, personalized with each child's name, which serve as a source of familiarity and reassurance as they transition between homes. The organization fosters community engagement and collaboration, inviting diverse individuals, community groups, businesses, and services to participate in this volunteer opportunity. Thousands of blankets are donated annually, each one offering a touch of warmth and love to a child in need. This project has been a tradition since 1999, symbolizing a caring and supportive approach towards children in foster care.
Official website here: www.myveryownblanket.org
Who is the CEO of My Very Own Blanket Project Inc?
Jessica Rudolph is the Board Chair of My Very Own Blanket Project Inc. The CEO's salary of My Very Own Blanket Project Inc is $70,027 and their total compensation is $70,027.
Official website here: www.myveryownblanket.org
What is the revenue of My Very Own Blanket Project Inc?
My Very Own Blanket Project Inc's revenue in 2022 was $2,485,684.
Official website here: www.myveryownblanket.org
Who are the executives of My Very Own Blanket Project Inc and what are their salaries?
The average compensation at My Very Own Blanket Project Inc during 2022 was $14,800. There are 7 employees and 60 volunteers at My Very Own Blanket Project Inc.
Here are 8 key members and their salaries (My Very Own Blanket Project Inc's CEO's salary is $70,027 and their total compensation is $70,027):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $70,027
- Related: $0
- Other: $0
Official website here: www.myveryownblanket.org
Where can I find the form 990 for My Very Own Blanket Project Inc?
My Very Own Blanket Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.myveryownblanket.org
Learn more at the official website: www.myveryownblanket.org
Mission Statement of My Very Own Blanket Project Inc
My Very Own Blanket Project Inc is committed to providing a sense of comfort, security, and joy to children in the foster care system. The organization achieves this mission by donating personalized blankets to these children annually. Thousands of blankets, each bearing the child's name, are given out as a tradition since 1999. By connecting diverse individuals, community groups, businesses, and services through volunteer opportunities, My Very Own Blanket Project Inc fosters a sense of unity and compassion towards these children in foster care. These gifts offer a familiar and comforting presence, allowing children to take their blankets with them as they transition between homes.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
My Very Own Blanket Project Inc's impact can be seen in the thousands of blankets that are donated every year to children in the foster care system. These blankets provide comfort, security, and a smile to those who receive them, helping to warm the hearts of these children. Through the efforts of dedicated volunteers, the organization has reached children in foster care in 49 states, working with various nonprofit partners and foster care agencies across the United States. Each blanket is personalized with the child's name, making it a special and familiar possession that can accompany them from one home to another.
This information is meant to be a general summary of My Very Own Blanket Project Inc. 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: $1,401
- Gross Receipts: $2,485,684
Assets and Liabilities:
- Total Assets: $266,194
- Total Liabilities: $5,778
- Net Assets: $260,416
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2003
Phone
(614) 530-3327Principal Officer
Jessica Rudolph
Main Address
407 W MAIN ST, WESTERVILLE, OH, 43081
Website
www.myveryownblanket.orgNTEE Category
Code: P30 - Human services
If you are a representative of My Very Own Blanket Project Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.