Minnesota Neonatal Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO ENHANCE THE HEALING ENVIRONMENT OF NEONATAL INTENSIVE CARE FOR PATIENTS, FAMILIES, AND STAFF.
- Income
- $40,053
- Spending
- $51,930
- Spent on programs
- 93%
- Reserves
- 30.7 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 48% of charities in its peer group (health care, under $250k).
Reserves
35 of 35Spendable reserves would cover 30.7 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 30% of income.
Income trend
5 of 15Income fell 22% on the year before.
Spending floor
15 of 1593% of spending went to programs and raising each dollar of donations cost 5 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 69 out of 100. Higher than 48% of charities in its peer group (health care, under $250k).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $32,257 spent. MUSIC THERAPY: SPONSORED 10 HOURS/WEEK AT MAPLE HOSPITAL. PROGRAM STARTED AUGUST 1, 2023 AND WILL RUN FOR 12 MONTHS.
- $11,426 spent. PARENT PROGRAMS: PARENT NAVIGATOR, PROVIDED PEER-SUPPORT TO FAMILIES THROUGH APRIL 1, 2023. PARENT CONNECT PROGRAMS INCLUDED PEER-SUPPORT TO HOSPITALIZED NICU PARENTS THROUGH ON-SITE MONTHLY PARENT COFFEES, ACTIVITIES, AND SMALL GIFTS.
- STAFF SUPPORT: SHARI BRANCH, OWNER OF JUST A MINUTE MASSAGE, PROVIDED ON- SITE MASSAGES TO STAFF AT MAPLE GROVE HOSPITAL. ADDITIONAL WEEKLY HAND MASSAGE SERVICES WERE STARTED IN EARLY DECEMBER.
- $4,557 spent. NICU FAMILY REUNION: HOSTED AT PARKER'S LAKE PARK IN PLYMOUTH, NEARLY 400 FAMILY AND STAFF GATHERED TO CELEBRATE THE NICU GRADUATES.
- NICU FAMILY REUNION: HOSTED AT PARKER'S LAKE PARK IN PLYMOUTH, NEARLY 400 FAMILY AND STAFF GATHERED TO CELEBRATE THE NICU GRADUATES.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.