Civic Intelligence

Lifebanc

EIN 34-1525159 • 501(c)3 • Cleveland, OH

Profile

Mission: lifebanc saves and heals lives.vision: pursuing a future where organ, eye and tissue donation is embraced as an honor and a personal responsibility.values: service, teamwork, integrity, commitment, innovation, quality.

4775 Richmond RoadCleveland, OH 44128-5919

www.lifebanc.org

Siviq Scores

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

Liabilities / Assets

39th percentile

0.15x

Higher debt load relative to assets than 39% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

37th percentile

0.22x

Higher debt load relative to revenue than 37% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

32nd percentile

-0.4%

Higher net margin than 32% of similar nonprofits.

501(c)3 • $50M-$100M 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

37th percentile

2.7%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2024

Revenue Growth

16th percentile

-11%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2024

Assets

Down

$56,068,248

Down $4,452,381 (-7.4%) from 2023

Liabilities

Down

$8,454,616

Down $7,022,942 (-45%) from 2023

Net Assets

Up

$47,613,632

Up $2,570,561 (+5.7%) from 2023

Revenue

Down

$39,226,937

Down $40,081,068 (-51%) from 2023

Expenses

Down

$39,369,011

Down $37,352,568 (-49%) from 2023

Net Income

Down

-$142,074

Down $2,728,500 (-105%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $19,045,934Liabilities 2010: $7,511,868Net Assets 2010: $11,534,0662010Assets 2011: $18,529,683Liabilities 2011: $6,971,434Net Assets 2011: $11,558,2492011Assets 2012: $18,451,218Liabilities 2012: $6,106,080Net Assets 2012: $12,345,1382012Assets 2013: $20,753,222Liabilities 2013: $6,637,535Net Assets 2013: $14,115,6872013Assets 2014: $22,708,720Liabilities 2014: $6,911,112Net Assets 2014: $15,797,6082014Assets 2015: $26,634,572Liabilities 2015: $7,321,378Net Assets 2015: $19,313,1942015Assets 2016: $29,540,974Liabilities 2016: $7,346,135Net Assets 2016: $22,194,8392016Assets 2017: $36,195,560Liabilities 2017: $11,378,627Net Assets 2017: $24,816,9332017Assets 2018: $36,608,565Liabilities 2018: $11,183,384Net Assets 2018: $25,425,1812018Assets 2019: $39,656,453Liabilities 2019: $9,904,297Net Assets 2019: $29,752,1562019Assets 2020: $44,599,501Liabilities 2020: $9,413,645Net Assets 2020: $35,185,8562020Assets 2021: $51,744,175Liabilities 2021: $10,043,838Net Assets 2021: $41,700,3372021Assets 2022: $51,659,681Liabilities 2022: $12,005,744Net Assets 2022: $39,653,9372022Assets 2023: $60,520,629Liabilities 2023: $15,477,558Net Assets 2023: $45,043,0712023Assets 2024: $56,068,248Liabilities 2024: $8,454,616Net Assets 2024: $47,613,6322024

Highlighted filing

2024

Assets$56,068,248
Liabilities$8,454,616
Net Assets$47,613,632

Operations Trend

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

$80M$60M$40M$20M$0-$20MExpenses 2010: $24,717,0392010Expenses 2011: $25,894,6982011Expenses 2012: $26,221,3272012Revenue 2013: $25,374,048Expenses 2013: $23,963,052Net Income 2013: $1,410,9962013Revenue 2014: $28,972,044Expenses 2014: $27,582,896Net Income 2014: $1,389,1482014Revenue 2015: $31,818,485Expenses 2015: $28,052,885Net Income 2015: $3,765,6002015Revenue 2016: $32,971,248Expenses 2016: $30,733,533Net Income 2016: $2,237,7152016Revenue 2017: $34,511,699Expenses 2017: $33,041,306Net Income 2017: $1,470,3932017Revenue 2018: $38,525,896Expenses 2018: $36,563,549Net Income 2018: $1,962,3472018Revenue 2019: $42,980,067Expenses 2019: $40,223,766Net Income 2019: $2,756,3012019Revenue 2020: $50,999,007Expenses 2020: $46,759,096Net Income 2020: $4,239,9112020Revenue 2021: $55,677,520Expenses 2021: $51,349,885Net Income 2021: $4,327,6352021Revenue 2022: $62,281,854Expenses 2022: $60,504,389Net Income 2022: $1,777,4652022Revenue 2023: $79,308,005Expenses 2023: $76,721,579Net Income 2023: $2,586,4262023Revenue 2024: $39,226,937Expenses 2024: $39,369,011Net Income 2024: -$142,0742024

Highlighted filing

2024

Revenue$39,226,937
Expenses$39,369,011
Net Income-$142,074

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.1$8.45$47.6$39.2$39.4$0.14
2023Detailed filing. Detailed filing data is available for this year.$60.5$15.5$45.0$79.3$76.7$2.59
2022Detailed filing. Detailed filing data is available for this year.$51.7$12.0$39.7$62.3$60.5$1.78
2021Detailed filing. Detailed filing data is available for this year.$51.7$10.0$41.7$55.7$51.3$4.33
2020Detailed filing. Detailed filing data is available for this year.$44.6$9.41$35.2$51.0$46.8$4.24
2019Detailed filing. Detailed filing data is available for this year.$39.7$9.90$29.8$43.0$40.2$2.76
2018Detailed filing. Detailed filing data is available for this year.$36.6$11.2$25.4$38.5$36.6$1.96
2017Detailed filing. Detailed filing data is available for this year.$36.2$11.4$24.8$34.5$33.0$1.47
2016Detailed filing. Detailed filing data is available for this year.$29.5$7.35$22.2$33.0$30.7$2.24
2015Detailed filing. Detailed filing data is available for this year.$26.6$7.32$19.3$31.8$28.1$3.77
2014Detailed filing. Detailed filing data is available for this year.$22.7$6.91$15.8$29.0$27.6$1.39
2013Detailed filing. Detailed filing data is available for this year.$20.8$6.64$14.1$25.4$24.0$1.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.5$6.11$12.3$26.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.5$6.97$11.6$25.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.0$7.51$11.5$24.7
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$39,315,361
Mission and Program Overview

Mission

Lifebanc saves and heals lives through organ and tissue donation for transplantation. Pursuing a future when the decision to donate is an honor and everyone waiting receives a transplant. Lifebanc's values are integrity, inclusion, service, commitment and dignity.

Saving and healing lives through organ, eye and tissue donation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$21,656,899$24,518,959▲ $2,862,060
Land, Buildings, and Equipment, Net$12,078,445$11,629,583▼ $448,862
Accounts Receivable$18,305,364$8,455,465▼ $9,849,899
Cash and Non-Interest-Bearing Accounts$3,865,466$6,598,380▲ $2,732,914
Investments Other Securities$3,580,471$3,871,743▲ $291,272
Inventories for Sale or Use$343,656$454,327▲ $110,671
Prepaid Expenses and Deferred Charges$556,151$436,436▼ $119,715
Total Assets$60,520,629$56,068,248▼ $4,452,381
Other Assets Total$134,177$103,355▼ $30,822
Liabilities
Accounts Payable and Accrued Expenses$11,539,978$4,625,416▼ $6,914,562
Mortgage Notes Payable Secured by Investment Property$3,937,580$3,530,334▼ $407,246
Other Liabilities$0$298,866▲ $298,866
Total Liabilities$15,477,558$8,454,616▼ $7,022,942
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$45,043,071$47,613,632▲ $2,570,561
Total Net Assets Fund Balance$45,043,071$47,613,632▲ $2,570,561
Total Liabilities and Net Assets / Fund Balance$60,520,629$56,068,248▼ $4,452,381

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,705,091$2,677,534$10,382,625
Equipment$1,278,842$2,992,898$4,271,740
Land$2,535,043-$2,535,043
Other Land Buildings$106,497$329,954$436,451
Leasehold Improvements$4,110$209,324$213,434
Other Securities$3,871,743--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$3,580,471$13,514▲ $510,893$233,135$3,871,743
2023$3,249,456$455,000▲ $456,664$580,649$3,580,471
2022$4,141,618-▼ $592,162$300,000$3,249,456
2021$3,228,476$500,000▲ $413,142-$4,141,618
2020$2,468,579$351,000▲ $408,897-$3,228,476
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gordon BowenChief Executive OfficerFT$517,486$475,643$993,129
Micah DavisChief Operations Officer,FT$334,775$88,828$423,603
Debra CooperChief Quality OfficerFT$259,891$73,075$332,966
Heather MekesaSenior Director of ExternaFT$248,072$51,561$299,633
Barbara DrobneySenior Director of FinanceFT$243,993$47,899$291,892
Donna FerchillSenior Director of ClinicaFT$223,524$57,789$281,313
Jeannie SureckSenior Director of Human RFT$219,945$29,339$249,284

Board Members and Trustees

NameTitle
Alan PapaPresident
Don Corpora Mba SphrPresident-elect & Treasurer
Candice MonroeBoard Member
Cheryl BaileyBoard Member
Chris Shay-downerBoard Member
Colleen MurnaneBoard Member
Daneen Mace-vadjunecmhhs Rn-onc TcrBoard Member
Jacques SmithBoard Member
Jennifer StrazzellaBoard Member
Jim WillBoard Member
Kelly SkeatBoard Member
Margie DiazBoard Member
Mariann PacakBoard Member
Matthew SchwabauerBoard Member
Paul MalieBoard Member
Renee BennettBoard Member
Tania Markarian DdsBoard Member
Sarah VuraSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Examworks INCMedical Bill ReviewPO BOX 492710, Redding, CA 96049$221,273
-Medical Director25233 MAIDSTONE LANE, Beachwood, OH 44122$100,800
Revenue and Support

Revenue Composition

Contributions and Grants
$259,016
Program Service Revenue
$38,193,594
Investment Income
$562,306
Other Revenue
$212,021
All Other Contributions
$257,916
Change in Net Assets
$-142,074

Audited Revenue Reconciliation

Revenue per Audited Statements
$39,114,349
Revenue Not Reported on Financial Statements
$112,588
Revenue Not Reported on Form 990
$2,801,059
Total Revenue per Audited Statements
$41,915,408
Total Revenue per Form 990
$39,226,937
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$22,456,983
Other Expenses$16,912,028
Total Fundraising Expense$99,952
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$13,718,363$2,144,828$34,122$15,897,313
Other Employee Benefits$2,610,555$458,878-$3,069,433
All Other Expenses$197,775$2,109,116$27,330$2,334,221
Information Technology$3,863$1,395,713$32,252$1,431,828
Payroll Taxes$1,274,484$150,303$2,614$1,427,401
Current Officers, Directors, Trustees, and Key Employees$1,154,819$180,456-$1,335,275
Pension Plan Contributions$632,034$95,527-$727,561
Depreciation Depletion$379,931$226,386$2,026$608,343
Fees for Services Other$202,121$399,271-$601,392
Insurance-$395,027-$395,027
Occupancy$94,665$97,734$505$192,904
Interest$100,470$59,866$536$160,872
Other Expenses$76,378$45,511$407$122,296
Fees for Service Investment Mgmnt Fees-$112,588-$112,588
Conferences and Meetings$58,737$39,605-$98,342
Fees for Services Lobbying-$97,436-$97,436
Office Expenses$1,957$87,557$62$89,576
Fees for Services Accounting-$47,038-$47,038
Fees for Services Legal-$35,304-$35,304
Total Functional Expenses$31,083,189$8,185,870$99,952$39,369,011

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$39,369,011
Total Expenses per Audited Statements$39,344,847
Expenses per Audited Statements$39,256,423
Expenses Not Reported on Financial Statements$112,588
Expenses Not Reported on Form 990$88,424
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$144,343
Fundraising Direct Expenses$88,424
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gift of Life Walk & Run$145,443$144,343$88,424$55,919
Total Events$145,443$144,343$88,424$55,919
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation$298,866
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
No
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 B, Line 11B

Cheif financial officer will review the 990 prior to filing with the irs, make any necessary changes and finalize with the accounting firm. Once finalized, cfo will submit the 990 to the finance committee and board of trustees for review and subsequent approval for filing.

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

Disclosure in the organization should be made to the chief executive officer/designee (or if he/she is the one with the conflict, then to the board president), who shall bring the matter to the attention of the board or a duly constituted committee thereof. Disclosure involving officers should be made to the board president, (or if he/she is the one with the conflict, then to the board vice-president) who shall bring these matters to the board or a duly constituted committee thereof. The board or a duly constituted committee thereof, shall determine whether a conflict exists and in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair, and reasonable to lifebanc. The decision of the board or duly constituted committee thereof on these matters will rest in their sole discretion, and their concern must be the welfare of lifebanc and the advancement of its purpose.

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

Annually, the hr director, at the direction of the board chair, provides the board chair with survey information on ceo compensation from two sources, erc and aopo. The board chair reviews the compensation info and shares it with the rest of the board. Ceo compensation for the following year is discussed and approved in executive session at the year-end board meeting.

Form 990, Part VI, Section C, Line 19

The audited financial statements, conflict of interest policy and governing documents are available upon request. Recovery statistics are published on the organization website and newsletter.

Filing and Contact Details

Filer

Filer Name
Lifebanc
EIN
34-1525159
Phone
2167525433
Address
4775 RICHMOND ROAD, CLEVELAND, OH 44128-5919

Signing Officer

Name
Joshua Myers
Title
Chief Financial Officer
Phone
2167525433
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua Myers
Formed
1986
Legal Domicile
Oh
Voting Board Members
18
Independent Board Members
18
Employees
238
Volunteers
193

Preparer

Firm
Ciuni & Panichi Inc
Address
25201 CHAGRIN BLVD 200, CLEVELAND, OH 44122-5683
Preparer
Michael Klein CPA
Phone
2168317171
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in interest rate swap -30,822.

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

The organization's endowment currently consists of a fund designated by the board of directors to function as an endowment. It is designated exclusively for outreach, education, and bereavement support.

PART X, LINE 2:

The internal revenue service has ruled that lifebanc qualifies under section 501(c)(3) of the internal revenue code and is, therefore, not subject to tax under present federal income tax laws. The organization has not been classified as a private foundation within the meaning of section 509(a) and does qualify for deductible contributions as provided in section 170(b)(1)(a)(vi). Lifebanc follows the accounting guidance for uncertainty in income taxes. Lifebanc's income tax filings are subject to audit by various taxing authorities. In evaluating the organization's activities, management believes its position of tax-exempt status is appropriate based on current facts and circumstances, and there have been no uncertain positions taken related to recording income taxes. Management has also assessed that there are no activities unrelated to the purpose of lifebanc and therefore no tax is to be recognized. It is the policy of lifebanc to include in management and general expenses penalties and interest assessed by income taxing authorities. There are no penalties or interest from taxing authorities included in management and general expenses for the years ended december 31, 2024 and 2023.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in value of interest swap -30,822. Special event expense 88,424.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event expense 88,424.

Raw XML AppendixShowing 400 of 864 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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IRS990/Desc0SINCE 1986, LIFEBANC HAS BEEN THE NORTHEAST OHIO NONPROFIT ORGANIZATION WORKING TO SAVE AND HEAL LIVES THROUGH ORGAN AND TISSUE DONATION. LIFEBANC BEGAN AS ONE OF THE ORIGINAL ORGAN PROCUREMENT ORGANIZATIONS IN THE UNITED STATES AND IS A LEADER IN THE FIELD AND A HIGHLY RESPECTED ORGANIZATION REGIONALLY AND NATIONALLY. LIFEBANC SERVES NORTHEAST OHIO'S POPULATION OF OVER FOUR MILLION PEOPLE AND WORKS WITH 80 HOSPITALS IN A 20-COUNTY AREA. VOLUNTEERS AND STAFF WORK TO EDUCATE THE PUBLIC ABOUT ORGAN AND TISSUE DONATION, ENCOURAGE INDIVIDUALS TO DESIGNATE THEIR DONATION DECISION AND OFFER GRIEF SUPPORT SERVICES TO FAMILIES TOUCHED BY DONATION. LIFEBANC IS GOVERNED BY A VOLUNTEER BOARD OF DIRECTORS; COMPRISED OF COMMUNITY MEMBERS, CLINICIANS, RECIPIENTS AND DONOR FAMILY MEMBERS, WHO DRIVE(CONTINUED ON SCHEDULE O)ORGANIZATIONAL STRATEGY WITH THE VISION OF A FUTURE WHERE ORGAN, EYE AND TISSUE DONATION IS EMBRACED AS AN HONOR AND A PERSONAL RESPONSIBILITY. IN 2024, 184 NORTHEAST OHIOANS GAVE THE GIFT OF LIFE THROUGH ORGAN DONATION AND ADDITIIONALLY 924 GAVE THE GIFTS OF TISSUE AND 594 GAVE THE GIFT OF EYE DONATION. THIS GENEROSITY RESULTED IN 548 ORGANS DONATED THAT SAVED THE LIVES OF 561 PEOPLE. THE AMOUNT OF PEOPLE SAVED BY ORGAN DONORS FROM NORTHEAST OHIO EACH YEAR HAS RISEN OVER 350% SINCE 2014. ORGANS FROM DONORS IN NORTHEAST OHIO WERE TRANSPLANTED TO RECIPIENTS IN NEARLY THREE DOZEN STATES AND THE DISTRICT OF COLUMBIA. MANY LIFE-SAVING AND HEALING PROCEDURES UTILIZE DONATED TISSUE. THE GIFTS OF TISSUE DONORS WILL SAVE THE LIVES OF BURN VICTIMS, REPAIR DAMAGED HEARTS, GIVE BACK MOBILITY AND RESTORE SIGHT TO TENS OF THOUSANDS OF PEOPLE. LIFEBANC PROVIDES EXTENSIVE CARE FOR THE FAMILIES OF DONORS THAT BEGINS AT THEIR FIRST MOMENT OF NEED AND EXTENDS FOR UP TO TWO YEARS PAST THE GIFTS OF THE DONATION. INCLUDED IS FREE GRIEF SUPPORT IN THE FORM OF INDIVIDUAL COUNSELING WITH A LICENSED THERAPIST, GROUP COUNSELING, AND HOST OF OTHER ACTIVITIES. IN 2024, LIFEBANC COMMUNICATED WITH 2,500 FAMILIES, PROVIDED EXTENSIVE HOURS OF INDIVIDUAL COUNSELING, AND OFFERED A VARIETY OF 10-WEEK SUPPORT GROUPS AND MULTIPLE ONE-TIME SEMINARS. LIFEBANC ALSO HELPS COORDINATE ANONYMOUS COMMUNICATION BETWEEN DONOR FAMILIES AND RECIPIENTS AND FACILITATED THOUSANDS OF CORRESPONDENCES/UPDATES. DESPITE THE INCREASE IN ORGAN, EYE AND TISSUE DONORS THERE REMAINS A CRITICAL ORGAN SHORTAGE IN THE UNITED STATES. THERE ARE CURRENTLY OVER 110,000 PEOPLE WAITING FOR A LIFE-SAVING ORGAN TRANSPLANT ACROSS THE COUNTRY. THERE MORE THAN 1,300 PEOPLE WAITING IN NORTHEAST OHIO ALONE. IN 2024, OVER 200 PEOPLE IN NORTHEAST OHIO EITHER DIED WAITING FOR AN ORGAN OR BECAME TOO SICK TO TRANSPLANT. THE BEST CHANCE THOSE STILL WAITING HAVE AT RECEIVING THE LIFE-SAVING TRANSPLANT THEY NEED IS BY INCREASING THE NUMBER OF PEOPLE WHO REGISTER THEIR WISHES TO BE AN ORGAN, EYE AND TISSUE DONOR. IN 2024, OVER 60,000 PEOPLE IN NORTHEAST OHIO REGISTERED FOR THE FIRST TIME ON THE OHIO DONOR REGISTRY. BEST CHANCE THOSE STILL WAITING HAVE AT RECEIVING THE LIFE-SAVING TRANSPLANT THEY NEED IS BY INCREASING THE NUMBER OF PEOPLE WHO REGISTER THEIR WISHES TO BE AN ORGAN, EYE AND TISSUE DONOR.
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IRS990/Form990PartVIISectionAGrp/TitleTxt23SENIOR DIRECTOR OF CLINICA
IRS990/Form990PartVIISectionAGrp/TitleTxt24SENIOR DIRECTOR OF HUMAN R
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