EIN 46-5071773

My Very Own Bed

IRS 501(c) type
501(c)(3)
Num. employees
5
Year formed
2014
Most recent tax filings
2023-12-01
Description
My Very Own Bed provides new beds and dream kits to children who recently secured stable housing in the Twin Cities. The program aims to give a bed of their own to children who otherwise would be sleeping on the floor or sharing a bed with a family member after experiencing homelessness.
Total revenues
$1,004,422
2023
Total expenses
$850,356
2023
Total assets
$695,989
2023
Num. employees
5
2023

Program areas at My Very Own Bed

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.

Who funds My Very Own Bed

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Network for GoodUnrestricted$99,860
The Blackbaud Giving FundGeneral Support$37,664
Mightycause Charitable FoundationUnrestricted$30,515
...and 31 more grants received totalling $446,053

Personnel at My Very Own Bed

NameTitleCompensation
Michael J. AllenFounder and Executive Director$70,000

Financials for My Very Own Bed

RevenuesFYE 12/2023
Total grants, contributions, etc.$949,567
Program services$54,564
Investment income and dividends$3,927
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$15,771
Net income from fundraising events$-19,407
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,004,422

Form 990s for My Very Own Bed

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990View PDF
2022-122023-08-29990View PDF
2021-122023-08-29990View PDF
2021-122022-09-20990View PDF
2021-122022-02-22990View PDF
...and 4 more Form 990s

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Data update history
November 24, 2024
Updated personnel
Identified 4 new personnel
October 21, 2024
Received grants
Identified 4 new grant, including a grant for $37,664 from The Blackbaud Giving Fund
July 14, 2024
Used new vendors
Identified 1 new vendor, including
July 14, 2024
Received grants
Identified 7 new grant, including a grant for $20,000 from HRH Foundation
July 11, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Human service organizationsYouth service charitiesCharities
Issues
Human servicesChildrenHousingHomelessness
Characteristics
Fundraising eventsCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
34 13th Ave Ne
Minneapolis, MN 55413
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
myveryownbed.org/ 
Phone
(612) 799-1753
IRS details
EIN
46-5071773
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P85: Homeless Persons Centers and Services
NAICS code, primary
624110: Child and Youth Services
Parent/child status
Independent
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