2024-05-15T16:12:00-05:00 2023-12-31 411397419 Abdo LLP 5201 Eden Ave Ste 250 Edina MN 55436 990 2023-01-01 465071773 My Very Own Bed MYVE 6127991753 34 13th Ave NE Minneapolis MN 55413 Michael Allen Executive Director 6127991753 2024-05-15 1 Michael Allen XXX-XX-XXXX 0 Steven D Anseth CPA P00552219 9528359090 2024-05-06 0 AAL1 IAL1 2023 2023-04-26 12:10:37Z Michael Allen 34 13th Ave NE Minneapolis MN 55413 1102194 0 X http://myveryownbed.org X 2014 MN To provide new beds and linens to children of families who have recently secured stable housing. Founded in 2014 as a non-profit, the primary goal of the Organization is to provide new beds to children moving into stable housing. By 2023, the Organization has provided more than 7,000 beds and Dream Kits to children ages 2-17 in the Twin Cities and surrounding suburbs. 10 10 5 552 0 0 781172 949567 46525 54564 -1565 19698 98868 -19407 925000 1004422 0 503989 0 0 183054 192204 0 0 79027 707760 154163 890814 850356 34186 154066 507068 695989 71165 104901 435903 591088 X The Organization's mission is to provide new beds and linens to children of families who have recently secured stable housing. Founded in 2014 as a non-profit, the primary goal of the Organization is to provide new beds to children moving into stable housing. By 2023, the Organization has provided more than 6,000 beds and Dream Kits to children ages 2-17 in the Twin Cities and surrounding suburbs. 0 0 685948 503988 54564 We continue to grow incrementally through process improvement and other increased efficiencies. Early in 2023, we began leasing a larger delivery vehicle that allows us to transport more mattresses and pre-made frames. This also led to a new volunteer activity (frame-making) and more efficiency in deliveries so that we can keep increasing the number of children served. Perhaps one of the things we are most excited to report is how much our community of support and new relationships continues to grow. My Very Own Bed's core program is providing new beds and dream kits to children who would otherwise be sleeping on the floor or sharing a bed with a parent or sibling and most of whom have recently experienced homelessness. The beds provide the children with a comfortable space of their own on which to get restorative and nurturing sleep that will help them thrive in their new home and at school. They also contribute to the families' housing stability by providing an essential item that they may not otherwise be able to afford that helps turn the new house into a home. Through community support, My Very Own Bed continues to grow as an organization and, most importantly, in the number of children we are able to reach. 685948 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X X X Michael Allen 6127991753 34 13th Ave NE Minneapolis MN 55413 William Ward Chair 1.00 X X 0 0 0 Peter Lee Treasurer 1.00 X X 0 0 0 Nikki Nethercot-Niermann Secretary 1.00 X X 0 0 0 Terri Lee Board Member 1.00 X 0 0 0 Lily Tharoor Board Member 1.00 X 0 0 0 Stefan Smith Board Member 1.00 X 0 0 0 Kelly Wolfe Board Member 1.00 X 0 0 0 Rachael Abrahamson Board Member 1.00 X 0 0 0 Amy Forbes Board Member 1.00 X 0 0 0 Lisa Williams-Rolle Board Member 1.00 X 0 0 0 Michael Allen Executive Director 40.00 X 70000 0 0 70000 0 0 0 0 0 0 0 111057 838510 176151 949567 Referral fees 561499 54564 54564 54564 3927 3927 75459 13000 71688 1000 3771 12000 15771 15771 5677 111057 25084 -19407 -19407 1004422 54564 0 291 503989 503989 70000 31500 28000 10500 94114 44614 12375 37125 15251 7073 3752 4426 12839 5954 3159 3726 21516 21516 26737 20826 383 5528 3447 1400 742 1305 23488 11828 5141 6519 67744 53350 6604 7790 2999 2060 335 604 1667 773 410 484 3513 1629 864 1020 Miscellaneous expense 1930 1930 Board development 1122 952 170 850356 685948 85381 79027 106612 45319 208032 355654 3820 26286 74442 69370 5898 10674 8354 1004 2667 7350 63276 86099 42321 95237 507068 695989 14232 10252 15000 41933 94649 71165 104901 X 435903 546188 44900 435903 591088 507068 695989 154066 1119 0 X X 0 1 X 1 0 X 356263 419425 622783 781172 838510 3018153 356263 419425 622783 781172 838510 3018153 138545 2879608 318 2333 3927 6578 46525 54564 101089 3125820 0.92120 0.94610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8354 1004 7350 7350 Operating right of use asset 93790 Security deposit 1447 95237 Operating lease liability - current/noncurrent portion 94649 94649 1005541 1119 1119 1004422 0 1004422 850356 0 850356 0 850356 Beds & Bluegrass 71769 66092 5677 1750 8449 1275 8077 Steps for Sleep 44965 44965 5533 116734 111057 5677 1750 8449 1275 13610 25084 -19407 1 Bed and Dream Kit 1726 503988 Book Value Mattress, platform frame, sheets, blanket, pillow, mattress pad, stuffed animal, and a book. Part I, Line 2: To provide new beds and linens to children of families who have recently secured stable housing. All program participants are contacted one month after delivery. X 159724 Fair Market Value X 2 16427 Fair Market Vaue 0 1 0 Part I, Column (b): Instances of donated stocks Form 990, Part VI, Section B, line 11b The Organization's 990 was reviewed and discussed by the Board of Directors prior to filing. Form 990, Part VI, Section B, line 12c Two times each year the Board of Directors reviews the conflict of interest policy and any conflict of interest submissions by directors or employees. Form 990, Part VI, Section B, line 15a The Board reviews salary and benefits at the December board meeting. The Minnesota Council of Nonprofits salary and benefits guide is used for comparable compensation. Form 990, Part VI, Section C, line 18 The Organization makes it's Form 1023 and Form 990 available to the public upon request. Form 990, Part VI, Section C, line 19 The Organization makes it's governing documents and conflict of interest policy available to the public upon request. The Organization makes financial statement information available to the public on it's website. Form 990, Part XII, Line 2c: The Organization has a committee that assumes responsibility for the oversight of the audit of its financial statements and selection of the independent accountant.