MINNESOTA MILK BANK FOR BABIES

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

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.

Program Service Accomplishments

Program 1

Expenses: $1,162,485 Revenue: $1,531,222

MINNESOTA MILK BANK FOR BABIES COLLECTS EXTRA DONOR HUMAN MILK (DHM) FOR FAMILIES IN NEED. THE ORGANIZATION WHICH MAINTAINS ACCREDITATION AND LICENSING STANDARDS AS A FOOD MANUFACTURER, DISTRIBUTED MORE THAN 73,000 BOTTLES OF MILK, TOTALING MORE THAN 291,000 OUNCES TO HOSPITALS AND OUTPATIENT FAMILIES IN 2024. MMBB SERVES MORE THAN 40 HOSPITAL UNITS AND HAS 11 OUTPATIENT DISTRIBUTION SITES IN MINNESOTA. MMBB RELOCATED IN MARCH 2024 TO A LARGER FACILITY IN ROSEVILLE, MN ALLOWING FOR A GREATER PRODUCTION CAPACITY AND GROWTH.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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