THE NEW YORK MILK BANK INC (EIN 010934160) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

RACHEL GRANGER

Phone

2129566455

Tax Period

2023-01-01 to 2023-12-31

THE NEW YORK MILK BANK INC, founded in 2009, is a community nonprofit in the Health Care sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $268K, a strong 15% operating margin.

Mission

THE NEW YORK MILK BANK IS DEDICATED TO IMPROVING THE HEALTH AND SURVIVAL OF INFANTS IN NEED BY PROVIDING THEM WITH SAFELY PASTEURIZED DONOR HUMAN MILK WHEN THEIR MOTHERS' OWN MILK IS UNAVAILABLE OR INSUFFICIENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $169,863

Program Service Revenue $1,563,350

Investment Income $8,069

Other Revenue $38,367

TOTAL REVENUE $1,779,649

Expense Breakdown

Grants Paid $0

Salaries & Benefits $647,267

Fundraising Expenses $64,918

Program Expenses $1,277,566

Other Expenses $864,077

TOTAL EXPENSES $1,511,344

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,779,649	$1,325,749	+0.3%
Expenses	$1,511,344	$1,395,760	+0.1%
Net Income	$268,305	$-70,011	-4.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$135,000

Total Directors

$135,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDA HARELICK	EXECUTIVE DI	40.00	Officer Director	$135,000	$0	$135,000
JULIE BOUCHET-HORWITZ FNP-BC	PRESIDENT	6.00	Officer Director	$0	$0	$0
TIM REILLY	VICE CHAIR	4.00	Officer Director	$0	$0	$0
TERESA MARZIANO	VICE CHAIR	2.00	Officer Director	$0	$0	$0
SCOTT EISENBERG	SECRETARY	1.00	Officer Director	$0	$0	$0
KAREN SMITH	TREASURER	4.00	Officer Director	$0	$0	$0
SUSAN VIERCZHALEK	MEDICAL DIRE	2.00	Director	$0	$0	$0
BORIANA PARVEZ MD	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL KELTER	DIRECTOR	1.00	Director	$0	$0	$0
KATIE KELTER MD	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN WALKER	DIRECTOR	2.00	Director	$0	$0	$0
TOM GAIPA	DIRECTOR	3.00	Director	$0	$0	$0
THOMAS MCCARTHY	DIRECTOR	1.00	Director	$0	$0	$0
KARA VENUS	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE ELZ	DIRECTOR	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,779,649	$1,511,344	$1,499,606	$268,305
2022	$1,325,749	$1,395,760	$1,322,267	$-70,011
2021	$1,276,152	$1,320,007	$969,195	$-43,855
2020	$1,234,141	$1,186,148	$1,019,813	$47,993
2019	$1,168,396	$1,019,902	$891,063	$148,494
2018	$1,062,585	$714,449	$728,107	$348,136

THE NEW YORK MILK BANK INC