MILK WITH DIGNITY STANDARDS COUNCIL INC

EIN: 813374809 501(c)(3) Community Improvement

Burlington, VT

Total Revenue
$536,783
Total Expenses
$451,623
Total Assets
$531,631
Net Assets
$529,571
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
VT
Principal Officer
Katherine S Paarlberg-Kvam
Phone
8028814240
Tax Period
2023-01-01 to 2023-12-31

MILK WITH DIGNITY STANDARDS COUNCIL INC, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $537K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $85K, a strong 16% operating margin.

Mission

Monitors compliance with, and enforces, the Milk with Dignity Code of Conduct with dairy farms that participate in the Milk with Dignity Program, which enlists dairy farms and milk purchasers to prevent and remedy human rights violations in dairy supply chains and to promote social responsibility.

Program Service Accomplishments

Program 1
Expenses: $284,170 Revenue: $0

in 2023, MDSC completed its 6th cycle of comprehensive audits of participating dairy farms' compliance with standards for working and housing conditions. This has included fact-finding, report...

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in 2023, MDSC completed its 6th cycle of comprehensive audits of participating dairy farms' compliance with standards for working and housing conditions. This has included fact-finding, report writing, problem solving, and developing Corrective Action Plans in collaboration with participating farms when needed to ensure continuous improvement and increase levels of compliance on each participating farm. MDSC has continued to staff a bilingual 24/7 support line, respond to questions raised and investigate complaints made, and then work towards the resolution of complaints that arise where the facts establish a violation of the program's Code of Conduct. MDSC has continued its development of the Milk with Dignity Program tools, materials, resources and infrastructure for continued investigation of workers' complaints, auditing of conditions on farms, and provision of compliance assistance to participating farms. MDSC also continued its work in connecting farms with resources to make housing improvements where needed. All of MDSC's program expenses are dedicated to the organization's work implementing the Milk with Dignity Program standards on and with participating farms and monitoring farms' compliance with the standards.

Program 2
Expenses: $120,000 Revenue: $0

Responding to the current housing crisis in the state of Vermont, MDSC undertook a fundraising project and set up a pass-through account for housing construction for workers on dairy farms. By way of...

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Responding to the current housing crisis in the state of Vermont, MDSC undertook a fundraising project and set up a pass-through account for housing construction for workers on dairy farms. By way of collaboration with grantmaking agencies and private donors, we were able to make it possible for farms that participate in our program to have access to funding for zero-energy efficient modular housing.

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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 $530,901
Program Service Revenue $100
Investment Income $5,782
Other Revenue $0
TOTAL REVENUE $536,783

Expense Breakdown

Grants Paid $120,000
Salaries & Benefits $243,609
Fundraising Expenses $11,463
Program Expenses $404,170
Other Expenses $88,014
TOTAL EXPENSES $451,623

Year-over-Year Comparison

2023 2022 Change
Revenue $536,783 $490,331 +0.1%
Expenses $451,623 $305,685 +0.5%
Net Income $85,160 $184,646 -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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Governance

Voting Members
8
Independent Members
8
Employees
7
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
0
$0
Total Directors
0
$0
Key Employees
2
$65,979
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Katherine S Paarlberg-Kvam Executive Director 41.5
Key Emp Highest
$33,244 $0 $33,244
Marisa Houlahan Interim Executive Director 41
Key Emp Highest
$32,735 $0 $32,735
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 $536,783 $451,623 $531,631 $85,160
2022 $490,331 $305,685 $444,411 $184,646
2021 $252,497 $311,330 $259,765 $-58,833
2020 $498,522 $304,430 $316,465 $194,092
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