Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
40 Winks Foundation
990EZ • Fiscal year 2023 • EIN 26-2834867
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
27th percentile
Higher net margin than 27% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
34th percentile
Faster asset growth than 34% of similar nonprofits.
Revenue Growth
23rd percentile
Faster revenue growth than 23% of similar nonprofits.
Balance Sheet
Assets
Down$112,633
Down $10,237 (-8.3%) from 2022
Net Assets
Down$112,633
Down $10,237 (-8.3%) from 2022
Liabilities
Flat$0
Flat from 2022
Revenue And Expenses
Revenue
Down$96,270
Down $29,122 (-23%) from 2022
Expenses
Down$106,507
Down $33,816 (-24%) from 2022
Net Income
Up-$10,237
Up $4,694 (+31%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Nov 6, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $113,010
Mission and Program Overview
Mission
NONE
Helping children and families get a healthy night's sleep.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE 40 WINKS FOUNDATION SEEKS TO PROVIDE MATTRESSES AND BEDS TO CHILDREN AND FAMILIES LACKING THE RESOURCES TO HELP THEM ATTAIN ONE OF THE FOUNDATIONAL BLOCKS OF LIFE - A FULL AND HEALTHY NIGHT'S SLEEP. THE ORGANIZATION DELIVERED 930 BEDS TO CHILDREN OF NEED IN 2023. | $98,764 | $98,764 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KENNETH LARSON | President | - | $0 | - | - |
| BARBARA LARSON | Secretary | - | $0 | - | - |
| LISA OLSON | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- 40 Winks Foundation
- EIN
- 26-2834867
- Phone
- 6514827500
- Address
- 3505 HIGH POINT DRIVE N, OAKDALE, MN 55128
Signing Officer
- Name
- Kenneth Larson
- Title
- President
- Phone
- 6514827500
- Signed
- 2024-11-06
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Wipfli Llp
- Address
- 1502 LONDON ROAD SUITE 200, DULUTH, MN 55812
- Preparer
- Michael J Peterson CPA
- Phone
- 2187224705
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 7 - Sales of Inventory
“Income: gross receipts: 16,740. Returns and allowances: 0. Less cost of goods sold: 16,740. Gross profit: 0. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 0. Cost of labor: 0. Materials and supplies: 16,740. Other costs: 0. Inventory at end of year: 0. Cost of goods sold: 16,740.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: grant. Grantee name: miscellaneous (under $5,000). Property description: new beds. Method used to determine book value: actual paid. Method used to determine fmv: actual paid. Amount given: 98,764. Total included on form 990-ez, line 10: 98,764.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: administrative expenses. Amount: 7,743.”
Raw XML Appendix149 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | LISA OLSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6517877228 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3505 HIGH POINT DRIVE N |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | OAKDALE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 55128 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 122870 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 112633 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 96270 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 16740 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -10237 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 122870 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 112633 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 98764 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 113010 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 16740 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 122870 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 112633 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 122870 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 112633 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KENNETH LARSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | BARBARA LARSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | LISA OLSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 7743 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | HELPING CHILDREN AND FAMILIES GET A HEALTHY NIGHT'S SLEEP. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE 40 WINKS FOUNDATION SEEKS TO PROVIDE MATTRESSES AND BEDS TO CHILDREN AND FAMILIES LACKING THE RESOURCES TO HELP THEM ATTAIN ONE OF THE FOUNDATIONAL BLOCKS OF LIFE - A FULL AND HEALTHY NIGHT'S SLEEP. THE ORGANIZATION DELIVERED 930 BEDS TO CHILDREN OF NEED IN 2023. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 98764 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 98764 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MN |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 106507 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 98764 |
| IRS990EZ/TotalRevenueAmt | 0 | 96270 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.40WINKSFOUNDATION.COM |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 96270 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 125392 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 109334 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 84458 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 97954 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 513408 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 69179 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.75810 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.60080 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 389212 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 124196 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 96270 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 125392 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 109334 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 84458 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 97954 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 513408 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 513408 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | INCOME: GROSS RECEIPTS: 16,740. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 16,740. GROSS PROFIT: 0. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 16,740. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 16,740. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY CLASSIFICATION: GRANT. GRANTEE NAME: MISCELLANEOUS (UNDER $5,000). PROPERTY DESCRIPTION: NEW BEDS. METHOD USED TO DETERMINE BOOK VALUE: ACTUAL PAID. METHOD USED TO DETERMINE FMV: ACTUAL PAID. AMOUNT GIVEN: 98,764. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 98,764. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ADMINISTRATIVE EXPENSES. AMOUNT: 7,743. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KENNETH LARSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6514827500 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | 40 WINKS FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | 40WI |
| ReturnHeader/Filer/EIN | 0 | 262834867 |
| ReturnHeader/Filer/PhoneNum | 0 | 6514827500 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3505 HIGH POINT DRIVE N |
| ReturnHeader/Filer/USAddress/CityNm | 0 | OAKDALE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 55128 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 390758449 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WIPFLI LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1502 LONDON ROAD SUITE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | DULUTH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 55812 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2187224705 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-10-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MICHAEL J PETERSON CPA |
| ReturnHeader/ReturnTs | 0 | 2024-11-14T14:17:20-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $112,633
- Liabilities
- $0
- Net assets
- $112,633
- Revenue
- $96,270
- Expenses
- $106,507
- Net income
- -$10,237