Nonprofit · EIN 46-5071773
MY VERY OWN BED
Tax-exempt · MINNEAPOLIS, MN 55413
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,430,455 | $1,175,533 | $254,922 | $1,152,955 | $211,423 | $941,532 |
| December 31, 2024 | 990 | $1,051,697 | $956,035 | $95,662 | $949,178 | $252,706 | $696,472 |
| December 31, 2023 | 990 | $1,004,422 | $850,356 | $154,066 | $695,989 | $104,901 | $591,088 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,361,268
- Program service revenue
- $65,874
- Investment income
- $31,805
- Net gain from sales of assets
- $18,519
- Net income from fundraising events
- -$28,492
- Other revenue
- -$28,492
Expenses
- Grants and similar amounts paid
- $541,109
- Compensation of officers, directors and key employees
- $84,810
- Other salaries and wages
- $188,158
- Salaries, compensation and benefits (total)
- $307,519
- Professional fundraising fees
- $0
- Accounting fees
- $61,551
- Occupancy
- $93,442
- Travel
- $4,850
- Depreciation
- $1,470
- Program services (functional)
- $858,937
- Management and general (functional)
- $176,876
- Fundraising (functional)
- $139,720
Balance sheet and other
- Total assets, start of year
- $949,178
- Total assets, end of year
- $1,152,955
- Total liabilities, end of year
- $211,423
- Net assets, end of year
- $941,532
- Land, buildings and equipment
- $4,410
- Publicly traded securities
- $130,777
- Net assets without donor restrictions
- $906,882
- Net assets with donor restrictions
- $34,650
- Gross receipts
- $1,704,813
- Employees
- 5
- Volunteers
- 858
- Year formed
- 2014
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Allen | Executive Director Officer | 40 | $84,808 |
| Brendon Pittman | Chair (started September 2025) Trustee or director, Officer | 1 | $0 |
| Maria Holm | Chair (through Sept 2025); Board Member (Oct 2025) Trustee or director, Officer | 1 | $0 |
| John Kavine | Treasurer (started May 2025) Trustee or director, Officer | 1 | $0 |
| Peter Lee | Treasurer (through May 2025) Trustee or director, Officer | 1 | $0 |
| Nikki Nethercot-Niermann | Secretary Trustee or director, Officer | 1 | $0 |
| Terri Lee | Board Member Trustee or director | 1 | $0 |
| Jamesetta Brown | Board Member Trustee or director | 1 | $0 |
| Stefan Smith | Board Member Trustee or director | 1 | $0 |
| Rachael Abrahamson | Board Member Trustee or director | 1 | $0 |
| Andre LaMere | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Allen | Executive Director Officer | 40 | $76,923 |
| Maria Holm | Chair Trustee or director, Officer | 1 | $0 |
| Peter Lee | Treasurer Trustee or director, Officer | 1 | $0 |
| Nikki Nethercot-Niermann | Secretary Trustee or director, Officer | 1 | $0 |
| Terri Lee | Board Member Trustee or director | 1 | $0 |
| Jamesetta Brown | Board Member Trustee or director | 1 | $0 |
| Stefan Smith | Board Member Trustee or director | 1 | $0 |
| Kelly Wolfe | Board Member Trustee or director | 1 | $0 |
| Rachael Abrahamson | Board Member Trustee or director | 1 | $0 |
| Andre LaMere | Board Member Trustee or director | 1 | $0 |
| Brendon Pittman | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Allen | Executive Director Officer | 40 | $70,000 |
| William Ward | Chair Trustee or director, Officer | 1 | $0 |
| Peter Lee | Treasurer Trustee or director, Officer | 1 | $0 |
| Nikki Nethercot-Niermann | Secretary Trustee or director, Officer | 1 | $0 |
| Terri Lee | Board Member Trustee or director | 1 | $0 |
| Lily Tharoor | Board Member Trustee or director | 1 | $0 |
| Stefan Smith | Board Member Trustee or director | 1 | $0 |
| Kelly Wolfe | Board Member Trustee or director | 1 | $0 |
| Rachael Abrahamson | Board Member Trustee or director | 1 | $0 |
| Amy Forbes | Board Member Trustee or director | 1 | $0 |
| Lisa Williams-Rolle | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 34 13TH AVENUE NE, MINNEAPOLIS, MN 55413-1002
- In care of
- % MICHAEL ALLEN
- Mailing address (990-N for 2016)
- 34 13th Ave NE B002A, Minneapolis MN 55413
- Principal officer (990 for 2025)
- Michael Allen, 34 13th Ave NE 106, Minneapolis, MN 55413
- Principal officer (990-N for 2016)
- Michael Allen, 34 13th Ave NE B002A, Minneapolis MN 55413
- Signed the 990
- Michael Allen, Executive Director
- Phone
- (612) 799-1753
- Website
- http://myveryownbed.org
- Return prepared by
- Abdo LLP
Mission
To provide new beds and linens to children of families who have recently secured stable housing.
Program accomplishments
- In 2025, My Very Own Bed reached 2,009 children in 905 families with a new bed and Dream Kit (bedding, book, and stuffed animal), up from 1,806 children in 793 families in 2024, and 1,726 children in 741 families in 2023. Many of the kids receiving beds have been sleeping on the floor or an air mattress or sharing a bed, and most 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.Expenses $858,937 · grants $541,109 · revenue $65,874
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-5071773
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L41)
- Assets (IRS master file)
- $1,152,955
- Income (IRS master file)
- $1,704,813
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,430,455 | $1,175,533 | $1,152,955 | XML |
| 990 | December 2024 | $1,051,697 | $956,035 | $949,178 | IRS |
| 990 | December 2023 | $1,004,422 | $850,356 | $695,989 | XML |
| 990 | December 2022 | $925,000 | $890,814 | $507,068 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-N for 2016 Officer: Michael Allen | December 31, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-5071773).
Questions about MY VERY OWN BED
- What is the EIN of MY VERY OWN BED?
- The employer identification number (EIN) of MY VERY OWN BED is 46-5071773.
- Is MY VERY OWN BED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to MY VERY OWN BED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MY VERY OWN BED file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MY VERY OWN BED due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MY VERY OWN BED last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MY VERY OWN BED?
- The 990 for the year ended December 31, 2025 names Michael Allen.
- Who are the officers and directors of MY VERY OWN BED?
- The 990 for the year ended December 31, 2025 lists 11 people; 1 received compensation from the organization, the highest $84,808 (Michael Allen, Executive Director).
- How much revenue does MY VERY OWN BED have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,430,455, expenses of $1,175,533 and total assets of $1,152,955 at year end.
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