NICU PARENT NETWORK INC

EIN: 320255786 501(c)(3) Diseases & Disorders

GEORGETOWN, IN

Total Revenue
$161,019
Total Expenses
$178,018
Total Assets
$22,616
Net Assets
$22,616
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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
2008
Legal Domicile
IN
Principal Officer
KEIRA SORRELLS
Phone
6013451772
Tax Period
2023-01-01 to 2023-12-31

NICU PARENT NETWORK INC, founded in 2008, is a small nonprofit in the Diseases & Disorders sector that reported $161K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $178K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE NICU PARENT NETWORK (NPN) IS A COLLABORATIVE OF ORGANIZATIONS OFFERING SUPPORT TO FAMILIES OF PREMATURE INFANTS. NPN PROVIDES A PLATFORM FOR NICU PARENT LEADERS TO COME TOGETHER AS A COLLECTIVE VOICE REPRESENTING THE NEEDS AND BEST INTERESTS OF NICU FAMILIES IN ALL FACETS OF HEALTHCARE POLICY, CARE GUIDELINES, ADVOCACY, EDUCATION, AND AWARENESS ACTIVITIES. THE NICU PARENT NETWORK SEEKS TO EDUCATE EMERGING NICU PARENT LEADERS AND ELEVATE THE VOICE OF THE NICU PARENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $137,878
Program Service Revenue $23,141
Investment Income $0
Other Revenue $0
TOTAL REVENUE $161,019

Expense Breakdown

Grants Paid $0
Salaries & Benefits $38,698
Fundraising Expenses $0
Program Expenses $154,417
Other Expenses $139,320
TOTAL EXPENSES $178,018

Year-over-Year Comparison

2023 2022 Change
Revenue $161,019 $114,224 +0.4%
Expenses $178,018 $120,518 +0.5%
Net Income $-16,999 $-6,294 +1.7%
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
9
Independent Members
8
Employees
1
Volunteers
25

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
$35,000
Total Directors
7
$1,020
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEIRA SORRELLS EXECUTIVE DI 40.00
Officer
$35,000 $0 $35,000
BONNIE BERLUND ADMINISTRATI N/A
Director
$1,020 $0 $1,020
JENNIFER DEGL BOARD MEMBER N/A
Director
$0 $0 $0
PAM FRASCO BOARD MEMBER N/A
Director
$0 $0 $0
COURTNEY LANCASTER DIGITAL MEDI N/A
Director
$0 $0 $0
TIEAST LEVERETT BOARD MEMBER N/A
Director
$0 $0 $0
ELIZABETH SIMONTON BOARD MEMBER N/A
Director
$0 $0 $0
ERIN WHALEY BOARD MEMBER N/A
Director
$0 $0 $0
GIGI KHONYONGWA-FERNANDEZ VICE PRESIDE N/A
Officer
$0 $0 $0
KRISTY LOVE PRESIDENT N/A
Officer
$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
2023 $161,019 $178,018 $22,616 $-16,999
2022 $114,224 $120,518 $39,615 $-6,294
2021 $108,602 $150,265 $45,909 $-41,663
2020 $129,167 $83,923 $87,572 $45,244
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