NonprofitsMilk Bank Inc

Health Care

Milk Bank Inc

INDIANAPOLIS, IN

Total revenue

$3.3M

Total expenses

$2.6M

Net assets

$3.6M

Grants received

$294K

26 grants

EIN

201662573

Tax year

2024

Mission

The organization was established as a non-profit, community-supported entity to improve health outcomes for premature and ill babies, foster better health for children, and decrease health care expenditures. The organization receives human milk from carefully screened donors to pasteurize, freeze and distribute throughout the united states.

Programs

2 programs

N/A

N/A

Financials

FY 2024

Revenue

Contributions & grants$317K
Program service revenue$2.9M
Investment income$109K
Other revenue$3K
Total revenue$3.3M

Expenses

Grants paid
Salaries & benefits$1.1M
Fundraising$243K
Other expenses$1.5M
Total expenses$2.6M
Total assets$4.8M
Net assets$3.6M

People

25 listed

NameRoleCompensation

FREEDOM KOLB

EXECUTIVE DIRECTOR

Board

$111K

40 hrs/wk

NICOLE MCDANIEL CPA

TREASURER

Board

3 hrs/wk

EKANEM AKINOLA MD FAAP IBCLC

MEDICAL DIRECTOR

Board

3 hrs/wk

APRIL DALES

SECRETARY

Board

3 hrs/wk

ANGKA HINSHAW ESQ

PRESIDENT-ELECT

Board

3 hrs/wk

SHARON ANDREWS

DIRECTOR

Board

1 hrs/wk

VALERIE BECKER

DIRECTOR

Board

1 hrs/wk

KATHRYN BOWMAN PHARMD

DIRECTOR

Board

1 hrs/wk

JESSE DAVIS MD MBA

DIRECTOR

Board

1 hrs/wk

MELISSA EGGEN PHD

DIRECTOR

Board

1 hrs/wk

WHITNEY FOUGHTY MBA

DIRECTOR

Board

1 hrs/wk

RAY GUO

DIRECTOR

Board

1 hrs/wk

JULIE KIRBY

PRESIDENT

Board

3 hrs/wk

SHELLEY JACKSON JD

DIRECTOR

Board

1 hrs/wk

MIRJANA LAKICH MBA

DIRECTOR

Board

1 hrs/wk

BONNIE LOGSDON IBCLC

DIRECTOR

Board

1 hrs/wk

NICOLE MORGAN PARMD BCOP

DIRECTOR

Board

1 hrs/wk

SARAH MUDD CPA

DIRECTOR

Board

1 hrs/wk

KATELYNN MULINIX MBA

DIRECTOR

Board

1 hrs/wk

SARAH ROHR

DIRECTOR

Board

1 hrs/wk

ASHLEY SCHWANDT

DIRECTOR

Board

1 hrs/wk

CHELSEA SPICKELMIER JD

DIRECTOR

Board

1 hrs/wk

KRISTEN TIPPIT

DIRECTOR

Board

1 hrs/wk

CAMEUAL WRIGHT MD MBA

DIRECTOR

Board

1 hrs/wk

NICOLE GEIST MSN RN

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 26 of 26

FromAmountPurposeYear
$25K
General Support
2024
$14K
Expand and sustain the volunteer program
2024
$10K
STAFFING - HUMAN DONOR FOR MILK BANK
2024
$25K
General support
2023
$15K
Supporting Women in the Workplace
2023
$10K
OUTPATIENT PROGRAM
2023
$700
MATCHING GIFTS
2023
$375
GENERAL FUND
2023
$40K
COMMUNITY ASSISTANCE
2022
$20K
General support
2022
$15K
SUPPLIES TO INCREASE CAPACITY
2022
$10K
Generating Infant Health
2022
$8K
GENERAL SUPPORT
2022
$4K
Grant
2022
$2K
General Fund
2022
$500
MATCHING GIFTS
2022
$10K
GENERAL FUND
2021
$5K
MEDICAL RELIEF FUND
2021
$25K
GENERAL SUPPORT
2020
$7K
Aquisition of Equipment
2020
$5K
COMMUNITY ASSISTANCE
2018

Funded by

$294K from 17 funders · 26 grants · 2018–2024

Indiana University Health Inc

$70K · 3 grants · 2022–2024

The Brave Heart Foundation Inc

$45K · 2 grants · 2018–2022

Hoover Family Foundation

$25K · 2 grants · 2022–2024

Arthur Dean Family Foundation Inc

$25K · 1 grant · 2020

Hamilton County Community Foundation Inc

$24K · 2 grants · 2022–2024

Central Indiana Community Foundation Inc

$23K · 2 grants · 2022–2023

John W Anderson Foundation

$20K · 2 grants · 2023–2024

Nicholas H Noyes Jr Memorial

$15K · 2 grants · 2021–2023

Details

EIN201662573
NTEE codeE60
Subsection03
Ruling date2005-06
Formed2004
Employees27
Volunteers175
MILK BANK INC — Mission, Financials & Grants Received | Grantivo