Newborn Foundation
- Assets
- $56.8k
- Revenue
- $69.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Saint Paul, MN
- Founding
- 08/2011
- Data as of
- 12/2020
- EIN
- 27-3923894
Organization Overview
Newborn Foundation is located in Saint Paul, MN. The organization was established in 2011. According to its NTEE Classification (E01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newborn Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Newborn Foundation generated $69.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (23.8%) each year. All expenses for the organization totaled $135.3k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
CONNECT NEWBORNS WITH ESSENTIAL MEDICAL CARE THROUGH RESEARCH, PROGRAMS, ADVOCACY THAT SUPOORT EARL DIAGNOSIS AND ACCESS TO CRITICAL HEALTH TECHNOLOGIES AND SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC AND PROFESSIONAL EDUCATION. THE NEWBORN FOUNDATION CREATES AND
RESEARCH, CLINICAL, AND PUBLIC SUPPORT. THE NBF CONDUCTS COLLABORATIVE
PULSE OXIMETRY AND ESSENTIAL MEDICAL DIAGNOSTICS FOR MEDICALLY FRAGILE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annam Saarinen CEO | OfficerTrustee | 40 | $26,939 |
Jim Bialick Chairman | OfficerTrustee | 5 | $0 |
Trey Titcomb Treasurer | OfficerTrustee | 1 | $0 |
Marla Lyon Secretary | OfficerTrustee | 2 | $0 |
Lauren Pradhan Director | Trustee | 1 | $0 |
Linda Wright Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,671 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $66,771 |
| Noncash contributions included in lines 1a–1f | $32,400 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,442 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $69,442 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| Grants and other assistance to domestic individuals. | $4,240 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $27,293 |
| Compensation of current officers, directors, key employees. | $5,459 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,351 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,380 |
| Fees for services: Accounting | $10,155 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,813 |
| Advertising and promotion | $811 |
| Office expenses | $13,094 |
| Information technology | $462 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,038 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,729 |
| Interest | $1,635 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $135,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,888 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $936 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $56,824 |
| Accounts payable and accrued expenses | $663 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $119,697 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $149 |
| Total liabilities | $120,509 |
| Net assets without donor restrictions | -$63,685 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $56,824 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Newborn Foundation has recieved totaling $10,180.
| Awarding Organization | Amount |
|---|---|
National Football League Alumni Inc Mount Laurel, NJ PURPOSE: GENERAL SUPPORT | $10,000 |
The Kourland Cooperman Foundatoin Inc Aventura, FL PURPOSE: CHARITABLE | $180 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Medical Alley Association Golden Valley, MN | $3,001,630 | $3,073,368 |
Together Wisconsin Acts Inc Milwaukee, WI | $1,041,867 | $3,266,313 |
Planned Parenthood Advocates Of Wisconsin Inc Milwaukee, WI | $376,256 | $1,806,402 |
Buyers Health Care Action Group Bloomington, MN | $185,937 | $591,575 |
React 19 Inc Mequon, WI | $142,761 | $694,051 |
Family Voices Of North Dakota Inc Edgeley, ND | $337,362 | $465,326 |
Donate Life Wisconsin Inc Madison, WI | $939,394 | $507,129 |
Albert Lea Healthcare Coalition Albert Lea, MN | $5,134,250 | $1,542,791 |
Minnesota Association Of Nurse Anesthetists Minneapolis, MN | $2,312,219 | $477,138 |
North Central Employers Healthcare Alliance Wausau, WI | $30,534 | $0 |
Duluth Aging Support Duluth, MN | $77,277 | $0 |
Newborn Foundation Saint Paul, MN | $56,824 | $69,442 |