2026-03-23T08:07:05-05:00 2025-12-31 350865680 PILE CPA'S ONE INDIANA SQUARE STE 1200 INDIANAPOLIS IN 46204 990 2025-01-01 201662573 THE MILK BANK INC MILK 3175361670 8020 CASTLEWAY DRIVE INDIANAPOLIS IN 46250 FREEDOM KOLB EXECUTIVE DIRECTOR 3175361670 2026-03-16 1 JEREMY C KOPECK CPA P00967303 3172693454 2026-03-16 2025 2025-03-06 01:10:19Z FREEDOM KOLB 8020 CASTLEWAY DRIVE INDIANAPOLIS IN 46250 4423942 0 X WWW.THEMILKBANK.ORG X 2004 IN 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. 21 21 34 217 0 0 317119 357271 2896204 3943323 108894 120706 3068 2642 3325285 4423942 0 0 0 0 1094240 1345997 0 0 243020 1483175 1891734 2577415 3237731 747870 1186211 4756925 5939244 1129842 1109904 3627083 4829340 TO SAVE INFANT LIVES AND IMPROVE HEALTH OUTCOMES BY PROVIDING ACCESS TO SAFE HUMAN MILK. 0 0 2665028 3945965 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. N/A N/A 2665028 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 22 0 1 34 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X JENNY PEMBERTON 3175361670 8020 CASTLEWAY DRIVE INDIANAPOLIS IN 46250 JULIE KIRBY PRESIDENT 3.00 X X 0 0 0 NICOLE MCDANIEL CPA TREASURER 3.00 X X 0 0 0 EKANEM AKINOLA MD FAAP IBCLC MEDICAL DIRECTOR 3.00 X X 0 0 0 APRIL DALES SECRETARY 3.00 X X 0 0 0 ANGKA HINSHAW ESQ PRESIDENT-ELECT 3.00 X X 0 0 0 SHARON ANDREWS DIRECTOR 1.00 X 0 0 0 VALERIE BECKER DIRECTOR 1.00 X 0 0 0 KATHRYN BOWMAN PHARMD DIRECTOR 1.00 X 0 0 0 JESSE DAVIS MD MBA DIRECTOR 1.00 X 0 0 0 WHITNEY FOUGHTY MBA DIRECTOR 1.00 X 0 0 0 RAY GUO DIRECTOR 1.00 X 0 0 0 NICOLE GEIST MSN RN DIRECTOR 1.00 X 0 0 0 SHELLEY JACKSON JD DIRECTOR 1.00 X 0 0 0 CHELSEA SPICKELMIER DIRECTOR 1.00 X 0 0 0 BONNIE LOGSDON IBCLC DIRECTOR 1.00 X 0 0 0 NICOLE MORGAN PARMD BCOP DIRECTOR 1.00 X 0 0 0 SARAH MUDD CPA DIRECTOR 1.00 X 0 0 0 KATELYNN MULINIX MBA DIRECTOR 1.00 X 0 0 0 SARAH ROHR DIRECTOR 1.00 X 0 0 0 ASHLEY SCHWANDT DIRECTOR 1.00 X 0 0 0 KRISTEN TIPPIT DIRECTOR 1.00 X 0 0 0 FREEDOM KOLB CEO 40.00 X 143912 0 6214 143912 0 6214 1 0 1 0 0 62970 294301 626 357271 MILK PROCESSING FEES 900099 3943323 3943323 3943323 120706 120706 MISCELLANEOUS INCOME 900099 2642 2642 2642 4423942 3945965 0 120706 150126 36030 94580 19516 1037421 814423 118960 104038 67789 53875 3244 10670 90661 63248 14418 12995 16411 8468 3054 4889 32242 16637 6000 9605 124229 64104 23116 37009 20712 18414 2298 7036 5927 472 637 69793 54332 4585 10876 137837 106754 16242 14841 9379 8509 720 150 43190 33469 5982 3739 27410 1571 25625 214 MILK TRANSPORTATION AND 661412 661412 MILK PROCESSING 417306 417306 DONOR TESTING AND SUPPL 204114 204114 REPAIRS AND MAINTENANCE 37541 37162 206 173 83122 59273 12479 11370 3237731 2665028 329683 243020 18135 33042 2985783 4162110 438042 366265 65053 122558 32016 22486 654544 378996 180750 275548 1037146 957235 4756925 5939244 162835 238140 967007 871764 1129842 1109904 X 3549586 4744708 77497 84632 3627083 4829340 4756925 5939244 X 1186211 16046 X 0 1 X 1 0 X 122372 423338 248353 317119 357271 1468453 122372 423338 248353 317119 357271 1468453 29583 1438870 1524 4012 61262 110985 120706 298489 1766942 13485247 0.81430 0.85810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 124295 16046 140341 111413 184 12698 124295 101243 10170 111413 114105 -12862 101243 65687 25000 23418 114105 1.00000 1 0 135627 45222 90405 389466 280774 108692 129451 53000 76451 275548 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 140341 OPERATING LEASE RIGHT-OF-USE ASSETS, NET 792696 SECURITY DEPOSITS 24198 957235 RIGHT-OF-USE OPERATING LEASE LIABILITY 871764 871764 X 4439988 16046 16046 4423942 0 4423942 3237731 0 3237731 0 3237731 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON ITS RELATED ACTIVITIES UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE INCOME TAXES HAS BEEN MADE. THE ORGANIZATION FILES THE REQUIRED FEDERAL AND STATE INFORMATION RETURNS. WHENEVER TAX RETURNS ARE FILED, THE FILING ORGANIZATION MUST EVALUATE THE MERITS OF ITS TAX POSITIONS AND DETERMINE IF THEY WILL BE ULTIMATELY SUSTAINED. THOSE TAX POSITIONS FOR THE ORGANIZATION INCLUDE MAINTAINING THEIR TAX-EXEMPT STATUS AND THE TAXABILITY OF ANY UNRELATED BUSINESS INCOME. THE ORGANIZATION BELIEVES THESE POSITIONS ARE SUSTAINABLE. ALTHOUGH THE ORGANIZATION HAS NOT INCURRED ANY INTEREST AND PENALTIES ASSOCIATED WITH THESE POSITIONS, IT IS THEIR POLICY TO EXPENSE THEM IN THE STATEMENT OF ACTIVITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST 16,046. X 0 0 0 0 0 0 0 0 0 FREEDOM KOLB CEO 143912 0 0 0 0 0 0 0 6214 0 150126 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE FORM 990 IS REVIEWED BY THE CONTROLLER, THE EXECUTIVE DIRECTOR AND THE FINANCE COMMITTEE. ADDITIONALLY, THE BOARD OF DIRECTORS IS PROVIDED ACCESS TO THE DRAFT FORM 990 PRIOR TO ITS FILING. THE EXECUTIVE DIRECTOR SIGNS THE FORM THAT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD AND THE EXECUTIVE DIRECTOR REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND RECOMMENDS COMPENSATION ADJUSTMENTS FOR THE EXECUTIVE DIRECTOR TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS WILL MAKE FINAL APPROVAL ON COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST 16,046.