Oklahoma Mothers Milk Bank Inc
- Assets
- $1.1m
- Revenue
- $559.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 27-5349239
Organization Overview
Oklahoma Mothers Milk Bank Inc is located in Oklahoma City, OK. The organization was established in 2011. According to its NTEE Classification (E61) the organization is classified as: Blood Banks, 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. Oklahoma Mothers Milk Bank Inc 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 12/2021, Oklahoma Mothers Milk Bank Inc generated $559.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $387.4k during the year ending 12/2021. While expenses have increased by 6.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISHED A BOARD OF DIRECTORS, ACQUIRED 501C3 STATUS AND TAX EXEMPT STATUS FROM IRS AND OK TAX COMMISSION. B7 ACQUIRED GRANT FUNDING IN 2012. PARTNERED WITH OK BLOOD INSTITUTE: LEASED SPACE IN THEIR BUILDING, RECEIVED FINANCIAL AND INKIND DONATIONS FROM THEM.B7 HIRED CLINICAL DIRECTOR IN 2013, BEGAN OPERATIONALIZING THE MILK BANK (SCREENING DONOR MOTHERS, PURCHASING EQUIPMENT)B7 HMBANA ASSESSMENT SCHEDULED FOR JULY 31, 2013.B7 RECRUITED SEVERAL HOSPITALS IN OKLAHOMA WITH NICUS THAT ARE READY TO ORDER DONOR MILK FOR THEIR PATIENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISHED A BOARD OF DIRECTORS, ACQUIRED 501C3 STATUS AND TAX EXEMPT STATUS FROM IRS AND OK TAX COMMISSION. B7 ACQUIRED GRANT FUNDING IN 2012. PARTNERED WITH OK BLOOD INSTITUTE: LEASED SPACE IN THEIR BUILDING, RECEIVED FINANCIAL AND INKIND DONATIONS FROM THEM.B7 HIRED CLINICAL DIRECTOR IN 2013, BEGAN OPERATIONALIZING THE MILK BANK (SCREENING DONOR MOTHERS, PURCHASING EQUIPMENT)B7 HMBANA ASSESSMENT SCHEDULED FOR JULY 31, 2013.B7 RECRUITED SEVERAL HOSPITALS IN OKLAHOMA WITH NICUS THAT ARE READY TO ORDER DONOR MILK FOR THEIR PATIENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keri Hale Clinical Director | 20 | $27,909 | |
Daryn Kirkpatrick President | Officer | 12 | $0 |
Ben Ikard Treasurer | Officer | 12 | $0 |
Jenny Potter Vice President | Officer | 12 | $0 |
Claire Turmelle Secretary | Officer | 12 | $0 |
Erynn Bergner MD Medical Directo | Officer | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $95,278 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,278 |
| Total Program Service Revenue | $0 |
| Investment income | $637 |
| 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 | $463,333 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $559,248 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $129,047 |
| Compensation of current officers, directors, key employees. | $18,796 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $1,654 |
| Other employee benefits | $28,009 |
| Payroll taxes | $10,869 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,810 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $103,614 |
| Advertising and promotion | $3,290 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,863 |
| Travel | $2,978 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,793 |
| Insurance | $8,686 |
| All other expenses | $17,414 |
| Total functional expenses | $387,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $905,545 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,839 |
| 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 | $8,235 |
| Net Land, buildings, and equipment | $10,283 |
| Investments—publicly traded securities | $52,715 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $37,335 |
| Total assets | $1,060,952 |
| Accounts payable and accrued expenses | $2,073 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,073 |
| Net assets without donor restrictions | $1,058,879 |
| 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 | $1,060,952 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Oklahoma Mothers Milk Bank Inc has recieved totaling $75,225.
| Awarding Organization | Amount |
|---|---|
Tulsa Community Foundation Tulsa, OK PURPOSE: GENERAL OPERATIONS | $50,000 |
E L And Thelma Gaylord Foundation Oklahoma City, OK PURPOSE: GENERAL PURPOSE | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $225 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifegift Organ Donation Center Houston, TX | $85,558,914 | $82,767,277 |
We Are Blood Austin, TX | $45,026,171 | $52,375,039 |
Gencure San Antonio, TX | $25,453,948 | $11,678,298 |
Community Blood Center Of The Ozarks Springfield, MO | $29,264,230 | $16,189,941 |
Coastal Bend Blood Center Corpus Christi, TX | $23,138,757 | $12,101,189 |
Texoma Regional Blood Center Sherman, TX | $3,469,277 | $3,259,302 |
The Blood & Tissue Center Foundation San Antonio, TX | $824,644 | $805,133 |
Alliance For Community Transfusion Services Llc Bedford, TX | $1,059,125 | $581,241 |
Oklahoma Mothers Milk Bank Inc Oklahoma City, OK | $1,060,952 | $559,248 |
Coffee Memorial Blood Center Foundation Amarillo, TX | $7,797,326 | $578,918 |
Northwest Oklahoma Blood Institute Enid, OK | $2,154,614 | $280,672 |