NEWBORN FOUNDATION

EIN: 273923894 501(c)(3) Health Care

SAINT PAUL, MN

Total Revenue
$69,442
Total Expenses
$135,268
Total Assets
$56,824
Net Assets
$-63,685
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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
2010
Principal Officer
ANNAMARIE SAARINEN
Tax Period
2020-01-01 to 2020-12-31

NEWBORN FOUNDATION, founded in 2010, is a micro nonprofit in the Health Care sector that reported $69K in total revenue in fiscal year 2020. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $135K exceeded revenue, resulting in a 95% operating deficit.

Mission

CONNECT NEWBORNS WITH ESSENTIAL CARE THROUGH RESEARCH AND PROGRAMS THAT ADDRESS THE MOST SIGNIFICANT BARRIERS TO POSITIVE OUTCOMES SUCH AS EARLY DETECTION OF HEALTH CONDITIONS, ACCESS TO TREATMENTS AND T

Program Service Accomplishments

Program 1
Expenses: $43,849

PUBLIC AND PROFESSIONAL EDUCATION. THE NEWBORN FOUNDATION CREATES AND

Program 2
Expenses: $43,849

RESEARCH, CLINICAL, AND PUBLIC SUPPORT. THE NBF CONDUCTS COLLABORATIVE

Program 3
Expenses: $21,925

PULSE OXIMETRY AND ESSENTIAL MEDICAL DIAGNOSTICS FOR MEDICALLY FRAGILE

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $69,442
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $69,442

Expense Breakdown

Grants Paid $9,240
Salaries & Benefits $29,644
Fundraising Expenses $1,773
Program Expenses $109,623
Other Expenses $96,384
TOTAL EXPENSES $135,268

Year-over-Year Comparison

2020 2019 Change
Revenue $69,442 $271,135 -0.7%
Expenses $135,268 $269,321 -0.5%
Net Income $-65,826 $1,814 -37.3%
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

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Governance

Voting Members
7
Independent Members
7
Employees
1
Volunteers
N/A

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
3
$0
Total Directors
7
$26,939
Key Employees
1
$26,939
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM BIALICK CHAIRMAN 5
Officer Director
$0 $0 $0
LINDA WRIGHT DIRECTOR 2
Director
$0 $0 $0
LAUREN PRADHAN DIRECTOR 1
Director
$0 $0 $0
TREY TITCOMB TREASURER 1
Officer Director
$0 $0 $0
MARLA LYON SECRETARY 2
Officer Director
$0 $0 $0
ANN GARRITY DIRECTOR 1
Director
$0 $0 $0
ANNAM SAARINEN CEO 40
Director Key Emp Highest
$26,939 $0 $26,939
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
2020 $69,442 $135,268 $56,824 $-65,826
2019 $271,135 $269,321 $2,949 $1,814
2018 $248,580 $395,657 $2,001 $-147,077
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