TB1 FUND INC

EIN: 873032990 501(c)(3) Health Care

BLAINE, MN

Total Revenue
$654,899
Total Expenses
$678,811
Total Assets
$385,514
Net Assets
$338,492
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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
2021
Legal Domicile
MN
Principal Officer
DANIEL BATTAGLIA
Phone
6126705468
Tax Period
2024-01-01 to 2024-12-31

TB1 FUND INC, founded in 2021, is a small nonprofit in the Health Care sector that reported $655K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

TO HELP PATIENTS FOCUS ON RECOVERY BY PROVIDING ITEMS AND EXPERIENCES

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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 (2024)

Revenue Breakdown

Contributions & Grants $757,735
Program Service Revenue $0
Investment Income $2,291
Other Revenue $-105,127
TOTAL REVENUE $654,899

Expense Breakdown

Grants Paid $187,900
Salaries & Benefits $0
Fundraising Expenses $30,814
Program Expenses $610,795
Other Expenses $490,911
TOTAL EXPENSES $678,811

Year-over-Year Comparison

2024 2023 Change
Revenue $654,899 $541,876 +0.2%
Expenses $678,811 $350,017 +0.9%
Net Income $-23,912 $191,859 -1.1%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL BATTAGLIA PRESIDENT 4.00
Officer Director
$0 $0 $0
JEFFREY BRADLEY TREASURER 1.00
Officer Director
$0 $0 $0
DAVID CANFIELD SECRETARY 1.00
Officer 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 $654,899 $678,811 $385,514 $-23,912
2023 $541,876 $350,017 $348,456 $191,859
2022 $449,902 $403,245 $150,545 $46,657
2021 $104,787 $899 $103,888 $103,888
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