Civic Intelligence

Knots of Love Inc

EIN 35-2345369 • 501(c)3 • Costa Mesa, CA

Profile

Providing specialty head wear, blankets, scarves and other articles of specialized clothing for cancer patients. Make and provide blankets for neonatal intensive care units. Make and provide hand made intravenous picc line bandage covers.

2973 Harbor BlvdCosta Mesa, CA 92627

www.knotsoflove.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.02x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

71st percentile

0.01x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

60th percentile

7.6%

Higher net margin than 60% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

97th percentile

$77,625

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 30.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

72nd percentile

14%

Faster asset growth than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$147,254

Up $83,995 (+133%) from 2021

Liabilities

Up

$2,651

Up $686 (+35%) from 2021

Net Assets

Up

$144,603

Up $83,309 (+136%) from 2021

Revenue

Up

$660,312

Up $16,814 (+2.6%) from 2021

Expenses

Down

$577,003

Down $41,262 (-6.7%) from 2021

Net Income

Up

$83,309

Up $58,076 (+230%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2013: $42,839Liabilities 2013: $1,807Net Assets 2013: $41,0322013Assets 2014: $37,043Liabilities 2014: $1,886Net Assets 2014: $35,1572014Assets 2015: $44,187Liabilities 2015: $1,899Net Assets 2015: $42,2882015Assets 2016: $38,509Liabilities 2016: $2,668Net Assets 2016: $35,8412016Assets 2017: $28,389Liabilities 2017: $2,071Net Assets 2017: $26,3182017Assets 2018: $16,588Liabilities 2018: -$365Net Assets 2018: $16,9532018Assets 2019: $20,419Liabilities 2019: $888Net Assets 2019: $19,5312019Assets 2020: $37,758Liabilities 2020: $1,697Net Assets 2020: $36,0612020Assets 2021: $63,259Liabilities 2021: $1,965Net Assets 2021: $61,2942021Assets 2022: $147,254Liabilities 2022: $2,651Net Assets 2022: $144,6032022

Highlighted filing

2022

Assets$147,254
Liabilities$2,651
Net Assets$144,603

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2013: $330,578Expenses 2013: $357,243Net Income 2013: -$26,6652013Revenue 2014: $406,305Expenses 2014: $412,180Net Income 2014: -$5,8752014Revenue 2015: $410,044Expenses 2015: $402,913Net Income 2015: $7,1312015Revenue 2016: $403,585Expenses 2016: $410,032Net Income 2016: -$6,4472016Revenue 2017: $399,222Expenses 2017: $409,021Net Income 2017: -$9,7992017Revenue 2018: $432,693Expenses 2018: $440,094Net Income 2018: -$7,4012018Revenue 2019: $451,378Expenses 2019: $461,573Net Income 2019: -$10,1952019Revenue 2020: $585,843Expenses 2020: $568,786Net Income 2020: $17,0572020Revenue 2021: $643,498Expenses 2021: $618,265Net Income 2021: $25,2332021Revenue 2022: $660,312Expenses 2022: $577,003Net Income 2022: $83,3092022

Highlighted filing

2022

Revenue$660,312
Expenses$577,003
Net Income$83,309

Filings

Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2017 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.2
Gross Receipts
$399,222
Mission and Program Overview

Mission

Clothing assistance for cancer patients. Provide beanies and blankets for neonatal intensive care units. Make and provide hand made intravenous PICC line bandage covers.

Clothing assistance for cancer patients. Provide blankets for neonatal intensive care units. Make and provide hand made intravenous picc line bandage covers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$31,304$20,563▼ $10,741
Savings and Temporary Cash Investments$3,715$3,647▼ $68
Land, Buildings, and Equipment, Net$1,885$2,573▲ $688
Inventories for Sale or Use$1,605$1,605→ $0
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$38,509$28,389▼ $10,120
Other Assets Total-$1-
Liabilities
Accounts Payable and Accrued Expenses$2,668$2,071▼ $597
Total Liabilities$2,668$2,071▼ $597
Net Assets / Fund Balance
Unrestricted Net Assets$35,841$26,318▼ $9,523
Total Net Assets Fund Balance$35,841$26,318▼ $9,523
Total Liabilities and Net Assets / Fund Balance$38,509$28,389▼ $10,120

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,573$3,509$6,082
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christine M FabianiExecutive DirectorFT$59,773$59,773

Board Members and Trustees

NameTitle
Geoff ShivelyMedia Director
Alie ShivelyP.R. Officer
Lorie MurraySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$399,093
Program Service Revenue
$128
Investment Income
$1
Other Revenue
$0
All Other Contributions
$387,992
Change in Net Assets
$-9,799

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1,600$219,257Fair Market Value (FMV)
Total Noncash Contributions1,600$219,257-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$329,563
Salaries, Compensation, and Employee Benefits$79,458
Total Fundraising Expense$28,127
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$47,818$2,989$8,966$59,773
Occupancy$11,977$748$2,246$14,971
Other Employee Benefits$14,893--$14,893
Advertising$10,800$257$3,684$14,741
Office Expenses$5,375$8,435$423$14,233
Travel$7,997-$2,665$10,662
Fees for Services Accounting$6,296--$6,296
Information Technology$4,036$269$1,077$5,382
Payroll Taxes$3,834$239$719$4,792
All Other Expenses$1,107-$2,420$3,527
Other Expenses$2,611$757$871$3,482
Fees for Services Other-$2,256-$2,256
Depreciation Depletion-$736-$736
Total Functional Expenses$361,167$19,727$28,127$409,021
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

This organization does not have subcommittees.

Form 990, Part VI, Line 11B: Form 990 Review Process

The president of the organization and the organizations outside EA review the return. Once the return is satisfactorally prepared, a copy is provided to the board members for their comment prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The organization has established a conflict of interest policy that is included in its bylaws. The policy provides that every interested person in the organization will annually sign a statement that they have read, understand, and agree to abide by the policy. The policy provides that part of this annual statement requires the disclosure of any known possible conflict of interest.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The organization compensates its executive director. The executive directors compensation was approved by independent board members based on comparability data and documented in contemporaneously maintained minutes.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

The organization makes its form 1023, 990 and 199 available to the public for inspection upon request at its offices during business hours.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public for inspection upon request at its offices during regular business hours.

Filing and Contact Details

Filer

Filer Name
Knots of Love Inc
EIN
35-2345369
Phone
9499033738
Address
2973 Harbor Blvd, Costa Mesa, CA 92627

Signing Officer

Name
Christine M Fabiani
Title
Executive Director
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christine M Fabiani
Formed
2008
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
3
Employees
1
Volunteers
1,600

Preparer

Firm
Tax Bucks Inc
Address
14819 N Lupin Ln, Nine Mile Falls, WA 99026
Preparer
Robert Buckley EA
Phone
5094640848
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0403516
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0398921
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0303338
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01898115
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06709
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt026783
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt039756
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05492
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY170Pct00.97950
IRS990ScheduleA/PublicSupportPY170Pct00.97600
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0303338
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01898115
IRS990ScheduleA/TotalSupportAmt01937871
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt03509
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0This organization does not have subcommittees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The president of the organization and the organizations outside EA review the return. Once the return is satisfactorally prepared, a copy is provided to the board members for their comment prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization has established a conflict of interest policy that is included in its bylaws. The policy provides that every interested person in the organization will annually sign a statement that they have read, understand, and agree to abide by the policy. The policy provides that part of this annual statement requires the disclosure of any known possible conflict of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization compensates its executive director. The executive directors compensation was approved by independent board members based on comparability data and documented in contemporaneously maintained minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes its form 1023, 990 and 199 available to the public for inspection upon request at its offices during business hours.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization makes its governing documents, conflict of interest policy, and financial statements available to the public for inspection upon request at its offices during regular business hours.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TotalProgramServiceExpensesAmt0361167
IRS990/TotalProgramServiceRevenueAmt0128
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IRS990/TotalRevenueGrp/ExclusionAmt01
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0128
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0399222
IRS990/TotalVolunteersCnt01600
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt038509
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt028389
IRS990/TravelGrp/FundraisingAmt02665
IRS990/TravelGrp/ProgramServicesAmt07997
IRS990/TravelGrp/TotalAmt010662
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt035841
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02973 Harbor Blvd 822
IRS990/USAddress/CityNm0Costa Mesa
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092627
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.KNOTSOFLOVE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Christine M Fabiani

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