HUMAN MILK REPOSITORY OF NEW MEXICO

EIN: 822812459 501(c)(3) Human Services

ALBUQUERQUE, NM

Total Revenue
$456,995
Total Expenses
$377,146
Total Assets
$290,912
Net Assets
$290,912
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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
2017
Legal Domicile
NM
Principal Officer
KAEL MARSHALL
Phone
5055085291
Tax Period
2025-01-01 to 2025-12-31

HUMAN MILK REPOSITORY OF NEW MEXICO, founded in 2017, is a small nonprofit in the Human Services sector that reported $457K in total revenue in fiscal year 2025. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $80K, a strong 17% operating margin.

Mission

THE HUMAN MILK REPOSITORY OF NEW MEXICO (HMRNM) PROVIDES HUMAN MILK TO PRETERM, MEDICALLY FRAGILE, AND SICK INFANTS USING EVIDENCE-BASED TECHNIQUES TO PROCESS AND DISTRIBUTE HUMAN MILK IN ACCORDANCE WITH THE HUMAN MILK BANK ASSOCIATION OF AMERICA GUIDELINES. HMRNM WORKS TO ADVOCATE FOR BREASTFEEDING IN THE COMMUNITY ALONG WITH SUPPORT FOR ONGOING HUMANLACTATION IN AN EQUITABLE AND ETHICAL MANNER TO PROVIDE THE HIGHEST QUALITY OF HUMAN DONOR MILK WITHIN THE COMMUNITY. OUR FOCUS IS ON ENSURING ACCESS TO HUMAN MILK FOR OUR MOST FRAGILE FAMILY AND COMMUNITY MEMBERS WHO ARE AT THEIR MOST VULNERABLE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $30,810
Program Service Revenue $418,170
Investment Income $8,015
Other Revenue $0
TOTAL REVENUE $456,995

Expense Breakdown

Grants Paid $0
Salaries & Benefits $195,591
Fundraising Expenses $0
Program Expenses $307,613
Other Expenses $181,555
TOTAL EXPENSES $377,146

Year-over-Year Comparison

2025 2024 Change
Revenue $456,995 $333,226 +0.4%
Expenses $377,146 $262,234 +0.4%
Net Income $79,849 $70,992 +0.1%
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
4
Independent Members
3
Employees
6
Volunteers
4

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
5
$95,208
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIN MARSHALL PRESIDENT 2.00
Officer Director
$0 $0 $0
SUZANNE LAWSON SECRETARY 2.00
Officer Director
$0 $0 $0
HEIDI FREDINE TREASURER 2.00
Officer Director
$0 $0 $0
BRANDI ALEXANDER DIRECTOR 2.00
Officer Director
$0 $0 $0
KAEL MARSHALL EXECUTIVE DIRECTOR 40.00
Officer
$95,208 $0 $95,208
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
2025 $456,995 $377,146 $290,912 $79,849
2024 No data No data No data No data
2023 $261,471 $232,412 $140,299 $29,059
2022 $353,889 $219,531 $213,476 $134,358
2021 $204,134 $153,573 $79,117 $50,561
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