MINNESOTA MILK BANK FOR BABIES (EIN 460845657) - 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

2012

Legal Domicile

Principal Officer

LINDA DECH

Phone

7635468051

Tax Period

2024-01-01 to 2024-12-31

MINNESOTA MILK BANK FOR BABIES, founded in 2012, is a community nonprofit in the Health Care sector that reported $1.6M in total revenue in fiscal year 2024. Expenses of $1.4M left a modest 14% surplus.

Mission

TO IMPROVE INFANT HEALTH OUTCOMES BY ENSURING THAT MEDICALLY VULNERABLE BABIES IN MN AND THE UPPER MIDWEST HAVE ACCESS TO SAFELY PASTEURIZED LIFE- GIVING HUMAN DONOR MILK WHEN MOTHER'S MILK IS UNAVAILABLE OR IN LOW SUPPLY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $90,361

Program Service Revenue $1,531,222

Investment Income $9,312

Other Revenue $0

TOTAL REVENUE $1,630,895

Expense Breakdown

Grants Paid $0

Salaries & Benefits $550,905

Fundraising Expenses $0

Program Expenses $1,162,485

Other Expenses $847,518

TOTAL EXPENSES $1,398,423

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,630,895	$1,512,002	+0.1%
Expenses	$1,398,423	$1,064,116	+0.3%
Net Income	$232,472	$447,886	-0.5%

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

460

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

$81,034

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER SARGENT	CHAIR	1.00	Officer Director	$0	$0	$0
JEANNE FRIEBE	SECRETARY	1.00	Officer Director	$0	$0	$0
LINDSAY MENSING	TREASURER	2.00	Officer Director	$0	$0	$0
LINDA DECH	EXECUTIVE DI	40.00	Officer	$81,034	$0	$81,034
NANCY FAHIM	MEDICAL DIRE	2.00	Director	$0	$0	$0
KELSEY SWANSON	MEMBER	1.00	Director	$0	$0	$0
GRETCHEN ETZLER	MEMBER	0.50	Director	$0	$0	$0
AIDA MEJIA-FERGEN	MEMBER	0.50	Director	$0	$0	$0
ALANA WRIGHT	MEMBER	0.50	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	$1,630,895	$1,398,423	$2,308,282	$232,472
2023	$1,512,002	$1,064,116	$2,113,613	$447,886
2022	$1,381,741	$1,022,132	$861,992	$359,609
2021	$1,159,717	$691,614	$513,390	$468,103
2020	$542,411	$455,708	$151,569	$86,703
2020	$514,511	$455,708	$151,569	$58,803

MINNESOTA MILK BANK FOR BABIES