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Nonprofit · EIN 87-3032990

TB1 FUND INC

Tax-exempt · BLAINE, MN 55449

Financials

$542K$350K2023$655K$679K2024$685K$688K2025
Revenue Expenses · by fiscal year end
Financials of TB1 FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$685,286$688,469-$3,183$337,568$2,259$335,309
December 31, 2024990$654,899$678,811-$23,912$385,514$47,022$338,492
December 31, 2023990$541,876$350,017$191,859$348,456$6,052$342,404
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$761,319
Program service revenue
$0
Investment income
$6,995
Net income from fundraising events
-$83,038
Other revenue
-$83,028

Expenses

Grants and similar amounts paid
$182,933
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$17,753
Occupancy
$3,990
Program services (functional)
$625,609
Management and general (functional)
$62,860

Balance sheet and other

Total assets, start of year
$385,514
Total assets, end of year
$337,568
Total liabilities, end of year
$2,259
Net assets, end of year
$335,309
Net assets without donor restrictions
$335,309
Gross receipts
$975,585
Employees
0
Volunteers
225
Year formed
2021
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DANIEL BATTAGLIAPRESIDENT
Trustee or director, Officer
4$0
JEFFREY BRADLEYTREASURER
Trustee or director, Officer
1$0
DAVID CANFIELDSECRETARY
Trustee or director, Officer
1$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
DANIEL BATTAGLIAPRESIDENT
Trustee or director, Officer
4$0
JEFFREY BRADLEYTREASURER
Trustee or director, Officer
1$0
DAVID CANFIELDSECRETARY
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Daniel BattagliaPresident
Trustee or director, Officer
4$0
Jeffrey BradleyTreasurer
Trustee or director, Officer
1$0
David CanfieldSecretary
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
1179 NAPLES CIRCLE NE, BLAINE, MN 55449-0000
Principal officer (990 for 2025)
DANIEL BATTAGLIA, 1179 NAPLES CIRCLE NE, BLAINE, MN 55449
Signed the 990
DANIEL BATTAGLIA, PRESIDENT
Phone
(612) 670-5468
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TB1 FUND'S MISSION IS TO BRIGHTEN DAYS FOR PATIENTS AND FAMILIES AT M HEALTH FAIRVIEW MASONIC CHILDREN'S HOSPITAL. OUR PRIMARY GOAL IS TO HELP PATIENTS FOCUS ON RECOVERY BY PROVIDING ITEMS AND EXPERIENCES THAT NOT ONLY DISTRACT AND ENGAGE THEM, BUT ALSO ENCOURAGE RECOVERY, BE IT MENTAL, PHYSICAL OR EMOTIONAL.

990 for the year ended December 31, 2025

Program accomplishments

  • VIP PROGRAMS AIMED TO PROVIDE PATIENTS WHO ARE DEALING WITH LIFE CHANGING DIAGNOSIS A VIP EXPERIENCE. EXPERIENCES INCLUDE TB1F FAMILY SUITE (GOPHERS SPORTS), 3M OPEN FAMILY CABIN, BRAXTON'S BUDDIES (MN VIKINGS SUITE OR PREMIUM TICKETS), REBOUND CLUB (MN TIMBERWOLVES SUITE) AND MN WILD SUITE. THESE OFFERINGS PROVIDE THE PATIENT AND FAMILIES AN ALL-INCLUSIVE EXPERIENCE, WHICH MAY NEVER OTHERWISE BE POSSIBLE.
    Expenses $572,346 · grants $182,933
  • HOSPITALITY DAYS FOR PATIENTS AND FAMILIES WITH VARYING OFFERINGS FROM LOCAL COMMUNITY PARTNERS.
    Expenses $53,263
  • TB1F SIBLING APPRECIATION DAYS; IN-PATIENT T-SHIRTS FOR ALL NEWLY ADMITTED PATIENTS; MUSIC MONDAY'S THAT IS BROADCAST TO ALL PATIENTS ROOMS IN THE HOSPITAL; 5TH FLOOR TOY CLOSET; GRANTS AWARDED TO OTHER 501(C)(3) ORGANIZATIONS.0

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
87-3032990
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E86)
Assets (IRS master file)
$337,568
Income (IRS master file)
$975,585

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$685,286$688,469$337,568XML
990December 2024$654,899$678,811$385,514XML
990December 2023$541,876$350,017$348,456XML
990December 2022$449,902$403,245$150,545IRS
990December 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-3032990).

Questions about TB1 FUND INC

What is the EIN of TB1 FUND INC?
The employer identification number (EIN) of TB1 FUND INC is 87-3032990.
Is TB1 FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to TB1 FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TB1 FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TB1 FUND INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TB1 FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of TB1 FUND INC?
The 990 for the year ended December 31, 2025 names DANIEL BATTAGLIA.
Who are the officers and directors of TB1 FUND INC?
The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does TB1 FUND INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $685,286, expenses of $688,469 and total assets of $337,568 at year end.

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