Civic Intelligence

Project Linus

EIN 84-1362696 • 501(c)3 • Belton, MO

Profile

Provide love, a sense of security, warmth and comfort to children who are seriously ill, traumatized, or otherwise in need through the gifts of new, handmade blankets and afghans, lovingly created by volunteer blanketeers. We also provide a rewarding and fun service opportunity for interested individuals and groups in local communities, for the benefit of children.

PO Box 1548Belton, MO 64012

www.projectlinus.org

Siviq Scores

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

Liabilities / Assets

45th percentile

0.04x

Higher debt load relative to assets than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

51st percentile

0.08x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

79th percentile

28%

Higher net margin than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

76th percentile

18%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

45th percentile

4.6%

Faster revenue growth than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,106,366

Up $182,321 (+9.5%) from 2023

Liabilities

Down

$37,649

Down $47,239 (-56%) from 2023

Net Assets

Up

$2,068,717

Up $229,560 (+12%) from 2023

Revenue

Up

$1,058,091

Up $20,355 (+2.0%) from 2023

Expenses

Up

$829,591

Up $80,508 (+11%) from 2023

Net Income

Down

$228,500

Down $60,153 (-21%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $110,175Liabilities 2011: $13,056Net Assets 2011: $97,1192011Assets 2012: $83,567Liabilities 2012: $28,000Net Assets 2012: $55,5672012Assets 2013: $77,143Liabilities 2013: $79,926Net Assets 2013: -$2,7832013Assets 2014: $58,912Liabilities 2014: $48,436Net Assets 2014: $10,4762014Assets 2015: $44,832Liabilities 2015: $60,533Net Assets 2015: -$15,7012015Assets 2016: $144,493Liabilities 2016: $33,711Net Assets 2016: $110,7822016Assets 2017: $321,423Liabilities 2017: $3,717Net Assets 2017: $317,7062017Assets 2018: $507,007Liabilities 2018: $7,792Net Assets 2018: $499,2152018Assets 2019: $730,184Liabilities 2019: $2,499Net Assets 2019: $727,6852019Assets 2020: $935,182Liabilities 2020: $22,734Net Assets 2020: $912,4482020Assets 2021: $1,263,986Liabilities 2021: $9,560Net Assets 2021: $1,254,4262021Assets 2022: $1,630,246Liabilities 2022: $79,742Net Assets 2022: $1,550,5042022Assets 2023: $1,924,045Liabilities 2023: $84,888Net Assets 2023: $1,839,1572023Assets 2024: $2,106,366Liabilities 2024: $37,649Net Assets 2024: $2,068,7172024

Highlighted filing

2024

Assets$2,106,366
Liabilities$37,649
Net Assets$2,068,717

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $596,8792011Expenses 2012: $627,1362012Revenue 2013: $625,959Expenses 2013: $684,309Net Income 2013: -$58,3502013Revenue 2014: $664,715Expenses 2014: $651,456Net Income 2014: $13,2592014Revenue 2015: $606,924Expenses 2015: $633,101Net Income 2015: -$26,1772015Revenue 2016: $798,389Expenses 2016: $659,047Net Income 2016: $139,3422016Revenue 2017: $675,233Expenses 2017: $468,309Net Income 2017: $206,9242017Revenue 2018: $690,049Expenses 2018: $508,540Net Income 2018: $181,5092018Revenue 2019: $705,201Expenses 2019: $484,105Net Income 2019: $221,0962019Revenue 2020: $645,561Expenses 2020: $460,798Net Income 2020: $184,7632020Revenue 2021: $898,332Expenses 2021: $556,354Net Income 2021: $341,9782021Revenue 2022: $991,745Expenses 2022: $695,667Net Income 2022: $296,0782022Revenue 2023: $1,037,736Expenses 2023: $749,083Net Income 2023: $288,6532023Revenue 2024: $1,058,091Expenses 2024: $829,591Net Income 2024: $228,5002024

Highlighted filing

2024

Revenue$1,058,091
Expenses$829,591
Net Income$228,500

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.11$0.04$2.07$1.06$0.83$0.23
2023Detailed filing. Detailed filing data is available for this year.$1.92$0.08$1.84$1.04$0.75$0.29
2022Detailed filing. Detailed filing data is available for this year.$1.63$0.08$1.55$0.99$0.70$0.30
2021Detailed filing. Detailed filing data is available for this year.$1.26$0.01$1.25$0.90$0.56$0.34
2020Detailed filing. Detailed filing data is available for this year.$0.94$0.02$0.91$0.65$0.46$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.71$0.48$0.22
2018Detailed filing. Detailed filing data is available for this year.$0.51$0.01$0.50$0.69$0.51$0.18
2017Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.68$0.47$0.21
2016Detailed filing. Detailed filing data is available for this year.$0.14$0.03$0.11$0.80$0.66$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.04$0.06$0.02$0.61$0.63$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.06$0.05$0.01$0.66$0.65$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.00$0.63$0.68$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.03$0.06$0.63
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.01$0.10$0.60
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 8, 2025
Return Version
2024v5.0
Gross Receipts
$1,058,091
Mission and Program Overview

Mission

Provide love, a sense of security, warmth and comfort to children who are seriously ill, traumatized, or otherwise in need through the gifts of new, handmade blankets and afghans, lovingly created by volunteer blanketeers. We also provide a rewarding and fun service opportunity for interested individuals and groups in local communities, for the benefit of children.

Provide love, a sense of security, warmth and comfort to children who are seriously ill, traumatized, or otherwise in need through the gifts of new, handmade blankets and afghans, lovingly created by volunteers

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,565,927$1,662,505▲ $96,578
Cash and Non-Interest-Bearing Accounts$270,020$394,223▲ $124,203
Inventories for Sale or Use$22,162$18,370▼ $3,792
Prepaid Expenses and Deferred Charges$4,312$4,627▲ $315
Savings and Temporary Cash Investments-$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 Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Total Assets$1,924,045$2,106,366▲ $182,321
Other Assets Total$61,624$26,641▼ $34,983
Liabilities
Mortgage Notes Payable Secured by Investment Property$61,920--
Other Liabilities-$26,575-
Accounts Payable and Accrued Expenses$22,968$11,074▼ $11,894
Total Liabilities$84,888$37,649▼ $47,239
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,839,157$2,068,717▲ $229,560
Total Net Assets Fund Balance$1,839,157$2,068,717▲ $229,560
Total Liabilities and Net Assets / Fund Balance$1,924,045$2,106,366▲ $182,321
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Patty GregoryPresident/execuFT$76,730$76,730
Charlotte BradfordTreasurerPT$13,078$13,078

Board Members and Trustees

NameTitle
Mary BalagnaVice President
Jane LawrenceDirector
Peggy KaneDirector
Terry BalagnaSecretary
John GregoryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$951,490
Program Service Revenue
$0
Investment Income
$106,601
Other Revenue
$0
All Other Contributions
$951,490
Change in Net Assets
$228,500

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,048,067
Revenue Not Reported on Financial Statements
$10,024
Total Revenue per Audited Statements
$1,048,067
Total Revenue per Form 990
$1,058,091
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$699,359
Salaries, Compensation, and Employee Benefits$130,232
Total Fundraising Expense$2,540
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$65,156$24,652-$89,808
All Other Expenses$46,137-$2,540$48,677
Other Salaries and Wages$22,613$8,556-$31,169
Occupancy-$25,516-$25,516
Fees for Services Legal-$25,200-$25,200
Other Expenses$24,400--$24,400
Office Expenses-$23,100-$23,100
Conferences and Meetings$12,973--$12,973
Fees for Services Accounting-$12,857-$12,857
Fees for Service Investment Mgmnt Fees$10,024--$10,024
Payroll Taxes$5,023$4,232-$9,255
Insurance$5,783--$5,783
Information Technology-$3,067-$3,067
Total Functional Expenses$699,871$127,180$2,540$829,591

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$829,591
Expenses per Audited Statements$819,567
Total Expenses per Audited Statements$819,567
Expenses Not Reported on Financial Statements$10,024
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$26,575
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
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, Section A, Line 2

Four members on the board of directors are spouses: terry & mary balagna and john & patty gregory.

Form 990, Part VI, Section B, Line 11B

Board of directors will review form 990 & supplemental schedules prior to signing and submitting the tax return.

Form 990, Part VI, Section B, Line 12C

Board members are required to review the conflict of interest policy annually (typically at a board meeting) and sign a statement disclosing any possible conflict of interest. The board then decides if an actual conflict exists. If so, the board member with a conflict will not be in attendance for any vote on those issues.

Form 990, Part VI, Section B, Line 15A

Unpaid board members review and approve executive director's salary.

Form 990, Part VI, Section C, Line 19

Governing documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Project Linus
EIN
84-1362696
Phone
3095850686
Address
PO BOX 1548, BELTON, MO 64012

Signing Officer

Name
Patty Gregory
Title
President/executive
Signed
2025-02-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patty Gregory
Formed
1997
Legal Domicile
Mo
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
200,000

Preparer

Firm
Mcauley & Crandall
Address
7200 W 132ND ST STE 160, OVERLAND PARK, KS 66213
Preparer
Dallas Stackhouse
Phone
9132399130
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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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IRS990/OtherAssetsTotalGrp/EOYAmt026641
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IRS990/OtherExpensesGrp/Desc0BLANKET SUPPLIES
IRS990/OtherExpensesGrp/Desc1MERCHANDISE
IRS990/OtherExpensesGrp/Desc2CHAPTER EXPENSES
IRS990/OtherExpensesGrp/Desc3Postage and Shipping
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IRS990/OtherExpensesGrp/ProgramServicesAmt153815
IRS990/OtherExpensesGrp/ProgramServicesAmt232300
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt022613
IRS990/OtherSalariesAndWagesGrp/TotalAmt031169
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04232
IRS990/PayrollTaxesGrp/ProgramServicesAmt05023
IRS990/PayrollTaxesGrp/TotalAmt09255
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04312
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04627
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01101601
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0840717
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0597721
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0921641
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0840717
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0597721
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04413170
IRS990ScheduleA/TotalSupportAmt04519771
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleD/RevenueSubtotalAmt01048067
IRS990ScheduleD/TotalBookValueSecuritiesAmt01662505
IRS990ScheduleD/TotalExpensesPerForm990Amt0829591
IRS990ScheduleD/TotalLiabilityAmt026575
IRS990ScheduleD/TotalRevenuePerForm990Amt01058091
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FOUR MEMBERS ON THE BOARD OF DIRECTORS ARE SPOUSES: TERRY & MARY BALAGNA AND JOHN & PATTY GREGORY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS WILL REVIEW FORM 990 & SUPPLEMENTAL SCHEDULES PRIOR TO SIGNING AND SUBMITTING THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY (TYPICALLY AT A BOARD MEETING) AND SIGN A STATEMENT DISCLOSING ANY POSSIBLE CONFLICT OF INTEREST. THE BOARD THEN DECIDES IF AN ACTUAL CONFLICT EXISTS. IF SO, THE BOARD MEMBER WITH A CONFLICT WILL NOT BE IN ATTENDANCE FOR ANY VOTE ON THOSE ISSUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNPAID BOARD MEMBERS REVIEW AND APPROVE EXECUTIVE DIRECTOR'S SALARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt02106366
IRS990/TotalAssetsGrp/BOYAmt01924045
IRS990/TotalAssetsGrp/EOYAmt02106366
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0699871
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IRS990/TotalLiabilitiesGrp/BOYAmt084888
IRS990/TotalLiabilitiesGrp/EOYAmt037649
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IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt089808
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0106601
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01058091
IRS990/TotalVolunteersCnt0200000
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01924045
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IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1548
IRS990/USAddress/CityNm0BELTON
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd064012
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.projectlinus.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PATTY GREGORY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/EXECUTIVE
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROJECT LINUS

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