Civic Intelligence

Human Milk Banking Association Of

EIN 23-2533784 • 501(c)3 • Fort Worth, TX

View Organization Page

Profile

HMBANA advances the field of nonprofit milk banking through member accreditation, development of evidence-based best practices, and advocacy of breastfeeding and human lactation to ensure an ethically sourced and equitably distributed supply of donor human milk. HMBANA believes in a world where all infants have access to human milk through support of breastfeeding and use of donor human milk.

4455 Camp Bowie BlvdFort Worth, TX 76107

www.hmbana.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

38th percentile

0.02x

Higher debt load relative to assets than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

42nd percentile

0.04x

Higher debt load relative to revenue than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

64th percentile

12%

Higher net margin than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

47th percentile

2.8%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

75%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets38th percentile

Assets

Up

$1,036,300

Up $28,325 (+2.8%) from 2023

Liabilities

Down

$23,890

Down $31,535 (-57%) from 2023

Net Assets

Up

$1,012,410

Up $59,860 (+6.3%) from 2023

Operations
Liabilities / Revenue42nd percentileNet Margin64th percentile

Revenue

Up

$533,569

Up $228,469 (+75%) from 2023

Expenses

Up

$469,021

Up $35,417 (+8.2%) from 2023

Net Income

Up

$64,548

Up $193,052 (+150%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth47th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $113,329Liabilities 2011: $832Net Assets 2011: $112,4972011Assets 2012: $168,521Liabilities 2012: $1,433Net Assets 2012: $167,0882012Assets 2013: $158,988Liabilities 2013: $401Net Assets 2013: $158,5872013Assets 2014: $693,096Liabilities 2014: $0Net Assets 2014: $693,0962014Assets 2015: $538,441Liabilities 2015: $21,831Net Assets 2015: $516,6102015Assets 2016: $580,249Liabilities 2016: $12,574Net Assets 2016: $567,6752016Assets 2017: $671,092Liabilities 2017: $14,833Net Assets 2017: $656,2592017Assets 2018: $831,581Liabilities 2018: $33,371Net Assets 2018: $798,2102018Assets 2019: $817,829Liabilities 2019: $29,770Net Assets 2019: $788,0592019Assets 2020: $1,045,837Liabilities 2020: $25,497Net Assets 2020: $1,020,3402020Assets 2021: $1,162,714Liabilities 2021: $36,146Net Assets 2021: $1,126,5682021Assets 2022: $1,103,792Liabilities 2022: $22,738Net Assets 2022: $1,081,0542022Assets 2023: $1,007,975Liabilities 2023: $55,425Net Assets 2023: $952,5502023Assets 2024: $1,036,300Liabilities 2024: $23,890Net Assets 2024: $1,012,4102024

Highlighted filing

2024

Assets$1,036,300
Liabilities$23,890
Net Assets$1,012,410
Open 2024 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $83,203Expenses 2011: $50,402Net Income 2011: $32,8012011Revenue 2012: $173,261Expenses 2012: $118,670Net Income 2012: $54,5912012Revenue 2013: $75,127Expenses 2013: $83,628Net Income 2013: -$8,5012013Revenue 2014: $669,649Expenses 2014: $135,140Net Income 2014: $534,5092014Revenue 2015: $140,877Expenses 2015: $317,363Net Income 2015: -$176,4862015Revenue 2016: $344,397Expenses 2016: $293,332Net Income 2016: $51,0652016Revenue 2017: $395,471Expenses 2017: $306,887Net Income 2017: $88,5842017Revenue 2018: $490,683Expenses 2018: $348,732Net Income 2018: $141,9512018Revenue 2019: $316,735Expenses 2019: $326,886Net Income 2019: -$10,1512019Revenue 2020: $447,306Expenses 2020: $215,025Net Income 2020: $232,2812020Revenue 2021: $410,642Expenses 2021: $304,414Net Income 2021: $106,2282021Revenue 2022: $429,329Expenses 2022: $474,843Net Income 2022: -$45,5142022Revenue 2023: $305,100Expenses 2023: $433,604Net Income 2023: -$128,5042023Revenue 2024: $533,569Expenses 2024: $469,021Net Income 2024: $64,5482024

Highlighted filing

2024

Revenue$533,569
Expenses$469,021
Net Income$64,548
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,036,300
Liabilities
$23,890
Net assets
$1,012,410
Revenue
$533,569
Expenses
$469,021
Net income
$64,548
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.04$0.02$1.01$0.53$0.47$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.01$0.06$0.95$0.31$0.43$0.13
2022Detailed filing. Detailed filing data is available for this year.$1.10$0.02$1.08$0.43$0.47$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.16$0.04$1.13$0.41$0.30$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.03$1.02$0.45$0.22$0.23
2019Detailed filing. Detailed filing data is available for this year.$0.82$0.03$0.79$0.32$0.33$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.83$0.03$0.80$0.49$0.35$0.14
2017Detailed filing. Detailed filing data is available for this year.$0.67$0.01$0.66$0.40$0.31$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.58$0.01$0.57$0.34$0.29$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.54$0.02$0.52$0.14$0.32$0.18
2014Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.67$0.14$0.53
2013Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.08$0.08$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$0.17$0.12$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.08$0.05$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$544,084
Mission and Program Overview

Mission

HMBANA advances the field of nonprofit milk banking through member accreditation, development of evidence-based best practices, and advocacy of breastfeeding and human lactation to ensure an ethically sourced and equitably distributed supply of donor human milk. HMBANA believes in a world where all infants have access to human milk through support of breastfeeding and use of donor human milk.

To educate the public about the practice of human milk banking and to provide members with a central source for human milk banking research and information.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$917,624$381,028▼ $536,596
Accounts Receivable$66,893$39,467▼ $27,426
Inventories for Sale or Use-$15,866-
Prepaid Expenses and Deferred Charges$23,458$4,434▼ $19,024
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Total Assets$1,007,975$1,036,300▲ $28,325
Other Assets Total-$595,505-
Liabilities
Deferred Revenue$52,402$12,722▼ $39,680
Accounts Payable and Accrued Expenses$3,023$11,168▲ $8,145
Total Liabilities$55,425$23,890▼ $31,535
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$952,140$1,012,410▲ $60,270
Net Assets With Donor Restrictions$410--
Total Net Assets Fund Balance$952,550$1,012,410▲ $59,860
Total Liabilities and Net Assets / Fund Balance$1,007,975$1,036,300▲ $28,325

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$595,505--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lindsay GroffExecutive DirectorFT$140,177$23,922$164,099

Board Members and Trustees

NameTitle
Becky MannelPast President
Summer KellyPresident
Lisa StellwagenPresident-elect
Clifton KenonDirector
Frances JonesDirector
Freedom KolbDirector
Jannette FestivalDirector
Jonathan SeigelDirector
Lenna GregoryDirector
Natalia SummervilleDirector
Sarah TaylorDirector
Shelley ThibeauDirector
Stacy DavisSecretary
Angela Love-zarankaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$14,966
Program Service Revenue
$408,202
Investment Income
$32,872
Other Revenue
$77,529
All Other Contributions
$14,966
Change in Net Assets
$64,548

Audited Revenue Reconciliation

Revenue per Audited Statements
$533,367
Revenue Not Reported on Financial Statements
$202
Revenue Not Reported on Form 990
$-4,688
Total Revenue per Audited Statements
$528,679
Total Revenue per Form 990
$533,569
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$236,601
Salaries, Compensation, and Employee Benefits$232,420
Total Fundraising Expense$31,688
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$147,716$8,206$8,206$164,128
Conferences and Meetings$104,567--$104,567
Other Salaries and Wages$59,724$3,318$3,318$66,360
Fees for Services Other$5,266$26,911$17,940$50,117
Fees for Services Lobbying$39,585--$39,585
Fees for Services Accounting$4,950$7,530$1,620$14,100
Travel$9,132$507$507$10,146
Insurance$688$3,900-$4,588
Information Technology$684$3,875-$4,559
Office Expenses$683$3,872-$4,555
Payroll Taxes$1,738$97$97$1,932
Other Expenses$53$302-$355
Advertising$326--$326
Fees for Service Investment Mgmnt Fees-$202-$202
Total Functional Expenses$375,638$61,695$31,688$469,021

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$469,021
Expenses per Audited Statements$468,819
Total Expenses per Audited Statements$468,819
Expenses Not Reported on Financial Statements$202
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“MILK BANKS.”

Form 990, Part VI, Section B, Line 11B

“The 990 is distributed to the board of directors for review and comment before filing.”

Form 990, Part VI, Section B, Line 12C

“The chair of the governance committee monitors the completion of the conflict of interest forms and asks at each board meeting whether there are any changes in status which may present a conflict of interest. Any board member who has a conflict of interest must abstain on voting for any resolution in which there is a conflict.”

Form 990, Part VI, Section B, Line 15A

“Executive director's compensation is reviewed and approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“The organization makes its organization documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Human Milk Banking Association of
EIN
23-2533784
Phone
8178109984
Address
4455 CAMP BOWIE BLVD, FORT WORTH, TX 76107

Signing Officer

Name
Lindsay Groff
Title
Executive Director
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lindsay Groff
Formed
1990
Legal Domicile
Ct
Voting Board Members
14
Independent Board Members
14
Employees
1
Volunteers
14

Preparer

Firm
Sutton Frost Cary LLP
Address
200 E Front St Suite 200, Arlington, TX 76011
Preparer
Carroll Elizabeth Arnott
Phone
8176498083
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Association is exempt from federal income taxes under Section 501(c)(3) of the Internal revenue Code (IRC) and has not been classified as a private foundation as defined in the IRC. Income generated from activities unrelated to the Associations exempt purposes is subject to tax under IRC Section 511. The Association had no unrelated business income for the year ended December 31, 2024. Accordingly, no provision has been made for federal income tax. GAAP requires the evaluation of tax positions taken in the course of preparing the Associations tax return and recognition of tax liability (or asset) if the Association has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Association, and has concluded that as of December 31, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 575 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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