Icu Baby Inc
- Assets
- $499.0k
- Revenue
- $678.4k
- Investments
- $119.4k
- Employees
- 6
- Location
- Key Biscayne, FL
- Founding
- 02/2019
- Data as of
- 12/2023
- EIN
- 83-0693300
Organization Overview
Icu Baby Inc is located in Key Biscayne, FL. The organization was established in 2019. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. As of 12/2023, Icu Baby Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Icu Baby Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Icu Baby Inc generated $678.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $816.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ICU BAY IS A NON-PROFIT ORGANIZATION THAT SUPPORTS FAMILIES WITH A BABY IN THE NICU (NEONATAL INTENSIVE CARE UNIT).
Describe the Organization's Program Activity:
Part 3 - Line 4a
ICU BABY PROVIDES FAMILIES WITH A TOTE BAG FILLED WITH ESSENTIAL NICU ITEMS TO HELP THEM CARE FOR THEIR BABY IN THE HOSPITAL, OFFERS A STIPEND TO OFFSET TRANSPORTATION COSTS FOR LOW INCOME NICU FAMILIES, OFFERS FAMILIES A CATERED MEAL AND AN OPPORTUNITY FOR SUPPORT FROM THE OTHER FAMILIES WITH ADMITTED BABIES, AND OFFERS NICU FAMILIES A MEMORIAL GIFT AND MUCH NEEDED SUPPORT DURING THEIR DIFFICULT AND PAINFUL JOURNEY.IN 2023, WE CELEBRATED THE LAUNCH OF THE ICU BABY APP, WHICH BRINGS FAMILIES FREE AND CONVENIENT 24/7 ACCESS TO OUR INFORMATIONAL SUPPORT PROGRAMMING, INCLUDING NEST BY ICU BABY. THE APP IS AVAILABLE IN ENGLISH, SPANISH, AND HAITIAN CREOLE AS ARE ALL OF OUR ICU BABY PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Simonton JD Executive Director/ Co-Founder | OfficerTrustee | 40 | $89,063 |
Ani Buraglia Secretary | OfficerTrustee | 1 | $0 |
Ana Glass Board Member | Trustee | 1 | $0 |
Prakash Mahtani Board Member | Trustee | 1 | $0 |
Carolina Mazuera Board Member | Trustee | 1 | $0 |
Nichole Aldrich Director Of Finance/ Co-Founder | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $42,897 |
| Related organizations | $0 |
| Government grants | $84,129 |
| All other contributions, gifts, grants, and similar amounts not included above | $417,041 |
| Noncash contributions included in lines 1a–1f | $226,235 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $544,067 |
| Total Program Service Revenue | $0 |
| Investment income | $1,093 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $133,234 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $678,394 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $89,063 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $151,360 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,642 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $60,191 |
| Advertising and promotion | $76,101 |
| Office expenses | $24,511 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,152 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $222 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $657 |
| Insurance | $6,773 |
| All other expenses | $25,933 |
| Total functional expenses | $816,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $304,518 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,936 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $60,938 |
| Net Land, buildings, and equipment | $7,879 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $119,359 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $384 |
| Total assets | $499,014 |
| Accounts payable and accrued expenses | $33,319 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $33,319 |
| Net assets without donor restrictions | $460,277 |
| Net assets with donor restrictions | $5,418 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $499,014 |