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EIN 20-1662573

The Milk Bank

IRS 501(c) type
501(c)(3)
Num. employees
25
City
Indianapolis
State
Indiana
Year formed
2004
Most recent tax filings
2023-12-01
NTEE code, primary
E60: Health Support Services
Description
The Milk Bank improves health outcomes for premature and ill babies, fosters better health for children, and decreases healthcare expenditures. The organization achieves its mission by providing access to safe human milk, which it receives from carefully screened donors. The Milk Bank then pasteurizes, freezes and distributes the milk throughout Indianapolis, IN.
Also known as...
Indiana Mothers Milk Bank
Total revenues
$2,916,030
2023
Total expenses
$2,024,149
2023
Total assets
$4,041,879
2023
Num. employees
25
2023

Program areas at The Milk Bank

The organization improves 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.

Who funds The Milk Bank

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Indiana University HealthGeneral Support$25,000
Central Indiana Community Foundation (CICF)Supporting Women in the Workplace$15,128
Nicholas H Noyes JR Memorial FoundationOutpatient Program$10,000
...and 2 more grants received

Personnel at The Milk Bank

NameTitleCompensation
Freedom KolbExecutive Director$102,493
Ekanem AkinolaMedical Director

Financials for The Milk Bank

RevenuesFYE 12/2023
Total grants, contributions, etc.$248,353
Program services$2,604,876
Investment income and dividends$61,262
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-283
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,822
Total revenues$2,916,030

Form 990s for The Milk Bank

Fiscal year endingDate received by IRSFormPDF link
2023-122024-03-18990View PDF
2022-122023-07-19990View PDF
2021-122022-10-27990View PDF
2020-122021-07-27990View PDF
2019-122020-10-29990View PDF
...and 10 more Form 990s
Data update history
November 3, 2024
Updated personnel
Identified 8 new personnel
July 12, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from Nicholas H Noyes JR Memorial Foundation
May 27, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 21, 2024
Updated personnel
Identified 7 new personnel
March 24, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public health orgsHealth organizationsCharities
Issues
Health
Characteristics
State / local levelReceives government fundingEndowed supportTax deductible donationsAccepts online donations
General information
Address
8020 Castleway Dr
Indianapolis, IN 46250
Metro area
Indianapolis-Carmel-Anderson, IN
County
Marion County, IN
Website URL
themilkbank.org/ 
Phone
(317) 536-1670
IRS details
EIN
20-1662573
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2004
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E60: Health Support Services
NAICS code, primary
621: Outpatient Health Care Practitioners and Facilities
Parent/child status
Independent
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