Civic Intelligence

Midwest Transplant Network Inc.

990 • Fiscal year 2021 • EIN 43-1016328

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

1900 WEST 47TH PLACE Suite 400Westwood, KS 66205

(913) 262-1668

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.33x

Higher debt load relative to assets than 59% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

43rd percentile

0.27x

Higher debt load relative to revenue than 43% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Net Margin

45th percentile

8.9%

Higher net margin than 45% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

77th percentile

$585,917

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Asset Growth

89th percentile

40%

Faster asset growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

56th percentile

15%

Faster revenue growth than 56% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Assets

Up

$67,214,213

Up $19,302,780 (+40%) from 2020

Net Assets

Up

$45,093,348

Up $7,385,864 (+20%) from 2020

Liabilities

Up

$22,120,865

Up $11,916,916 (+117%) from 2020

Revenue

Up

$83,249,135

Up $10,658,626 (+15%) from 2020

Expenses

Up

$75,863,271

Up $6,786,620 (+9.8%) from 2020

Net Income

Up

$7,385,864

Up $3,872,006 (+110%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2010: $40,369,180Liabilities 2010: $4,023,301Net Assets 2010: $36,345,8792010Assets 2011: $46,992,263Liabilities 2011: $4,132,166Net Assets 2011: $42,860,0972011Assets 2012: $57,330,393Liabilities 2012: $4,847,337Net Assets 2012: $52,483,0562012Assets 2013: $71,961,848Liabilities 2013: $6,900,795Net Assets 2013: $65,061,0532013Assets 2014: $87,521,402Liabilities 2014: $15,296,485Net Assets 2014: $72,224,9172014Assets 2015: $87,845,522Liabilities 2015: $12,760,167Net Assets 2015: $75,085,3552015Assets 2016: $89,277,407Liabilities 2016: $6,804,831Net Assets 2016: $82,472,5762016Assets 2017: $100,179,599Liabilities 2017: $8,050,852Net Assets 2017: $92,128,7472017Assets 2018: $101,115,017Liabilities 2018: $8,091,047Net Assets 2018: $93,023,9702018Assets 2019: $118,578,207Liabilities 2019: $8,783,545Net Assets 2019: $109,794,6622019Assets 2020: $47,911,433Liabilities 2020: $10,203,949Net Assets 2020: $37,707,4842020Assets 2021: $67,214,213Liabilities 2021: $22,120,865Net Assets 2021: $45,093,3482021Assets 2022: $79,148,034Liabilities 2022: $18,894,098Net Assets 2022: $60,253,9362022Assets 2023: $82,448,322Liabilities 2023: $17,900,930Net Assets 2023: $64,547,3922023Assets 2024: $88,518,813Liabilities 2024: $18,751,267Net Assets 2024: $69,767,5462024

Highlighted filing

2021

Assets$67,214,213
Liabilities$22,120,865
Net Assets$45,093,348

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0Expenses 2010: $25,777,7922010Expenses 2011: $28,088,1712011Revenue 2012: $36,434,482Expenses 2012: $28,946,734Net Income 2012: $7,487,7482012Revenue 2013: $39,535,371Expenses 2013: $32,577,606Net Income 2013: $6,957,7652013Revenue 2014: $37,679,606Expenses 2014: $33,599,551Net Income 2014: $4,080,0552014Revenue 2015: $39,467,458Expenses 2015: $35,807,560Net Income 2015: $3,659,8982015Revenue 2016: $45,983,187Expenses 2016: $40,452,323Net Income 2016: $5,530,8642016Revenue 2017: $50,081,523Expenses 2017: $45,199,457Net Income 2017: $4,882,0662017Revenue 2018: $59,526,056Expenses 2018: $52,796,879Net Income 2018: $6,729,1772018Revenue 2019: $68,153,762Expenses 2019: $61,237,830Net Income 2019: $6,915,9322019Revenue 2020: $72,590,509Expenses 2020: $69,076,651Net Income 2020: $3,513,8582020Revenue 2021: $83,249,135Expenses 2021: $75,863,271Net Income 2021: $7,385,8642021Revenue 2022: $96,657,213Expenses 2022: $81,496,625Net Income 2022: $15,160,5882022Revenue 2023: $82,926,635Expenses 2023: $78,633,216Net Income 2023: $4,293,4192023Revenue 2024: $94,222,888Expenses 2024: $89,124,522Net Income 2024: $5,098,3662024

Highlighted filing

2021

Revenue$83,249,135
Expenses$75,863,271
Net Income$7,385,864
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$83,826,153
Mission and Program Overview

Mission

See schedule o for additional information

Saving lives by honoring the gift of organ and tissue donation with dignity and compassion.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,875,793$45,271,916▲ $24,396,123
Accounts Receivable$18,938,151$19,561,204▲ $623,053
Cash and Non-Interest-Bearing Accounts$7,325,066$1,356,751▼ $5,968,315
Prepaid Expenses and Deferred Charges$303,312$554,739▲ $251,427
Intangible Assets$81,455$76,471▼ $4,984
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$47,911,433$67,214,213▲ $19,302,780
Other Assets Total$387,656$393,132▲ $5,476
Liabilities
Accounts Payable and Accrued Expenses$9,605,576$15,473,890▲ $5,868,314
Mortgage Notes Payable Secured by Investment Property$0$6,523,222▲ $6,523,222
Other Liabilities$548,373$73,753▼ $474,620
Tax Exempt Bond Liabilities$50,000$50,000→ $0
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$10,203,949$22,120,865▲ $11,916,916
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$37,707,484$45,093,348▲ $7,385,864
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$37,707,484$45,093,348▲ $7,385,864
Total Liabilities and Net Assets / Fund Balance$47,911,433$67,214,213▲ $19,302,780

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$20,873,058-$20,873,058
Buildings$8,225,378$9,272,310$17,497,688
Equipment$10,856,684$4,945,077$15,801,761
Leasehold Improvements$3,906,159$2,434,338$6,340,497
Land$1,410,637-$1,410,637
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jan FinnPresident, CEOFT$398,850$187,067$585,917
Lori MarkhamVice-president, COOFT$249,109$152,234$401,343
Tina KirschSecretary, CAOFT$239,573$143,679$383,252
Ryan SchmidtSrg. Organ Recovery SpecialistFT$168,170$120,399$288,569
Thomas EnricoSrg. Organ Recovery SpecialistFT$168,863$109,768$278,631
Jim BoydTreasurer, CFO Thru 08/2021FT$130,116$134,908$265,024
Jami GleasonSr. Director, Business SystemsFT$180,537$72,346$252,883
Scott McdonaldLab DirectorFT$164,228$84,666$248,894
Sarah OlandSr, Director, HospitalFT$159,328$77,909$237,237
Melissa OttSr. Director,organ ProcurementFT$161,125$68,239$229,364
Christina BishopHla Lab DirectorFT$177,274$47,146$224,420
Dana TotzkeDirector, Human ServicesFT$140,813$63,520$204,333
Salama GallimoreCorporate AttorneyFT$156,221$40,088$196,309
Christena HoustonSr. Director Quality ServicesFT$135,776$60,032$195,808
Terry ShamblesTREASURER, CFO as of 07/2021FT$104,381$31,054$135,435
David TheisDirector-$2,000-$2,000
Gary Duncan LfacheDirector-$1,900-$1,900
Steven Whitt MdDirector-$1,700-$1,700
Barbara Macarthur Rn MsnDirector-$1,600-$1,600
A Michael Borkon MdDirector-$1,400-$1,400
Michael R DunawayDirector-$1,400-$1,400
Ken PowellDirector-$1,300-$1,300
Richard Muther MdDirector-$1,100-$1,100
Sameer BrahmavarDirector-$1,100-$1,100
Sarah Oakley Rn MsnDirector-$1,000-$1,000
Steve Reintjes MdDirector-$900-$900
Tracie BakerDirector-$800-$800
Sean Kumar MdDirector-$700-$700
Thomas Crouch MdDirector-$700-$700
Brad Warrady MdDirector-$600-$600

Board Members and Trustees

NameTitle
Kevin Dishman MdDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Mccown GordonConstruction850 MAIN ST, Kansas City, MO 64105$14,078,837
Air Associates INCAir Transport12901 151ST STREET, Olathe, KS 66062$477,887
Rsm US LLPConsulting5155 PAYSPHERE CIRCLE, Chicago, IL 60674$473,878
LifelogicsDonor Mgmt. Services8015 CORPORATE DR SUITE A, Nottingham, MD 21236$351,174
Metro Removal LLCTransportation11211 E STATE ROUTE 150, Kansas City, MO 64149$313,244
Revenue and Support

Revenue Composition

Contributions and Grants
$5,098,167
Program Service Revenue
$78,446,438
Investment Income
$-163,559
Other Revenue
$-131,911
All Other Contributions
$98,167
Change in Net Assets
$7,385,864
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$48,563,976
Salaries, Compensation, and Employee Benefits$27,289,295
Grants and Similar Amounts Paid$10,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$26,697,019$0$0$26,697,019
Other Salaries and Wages$14,618,687$4,049,852-$18,668,539
Travel$4,335,772$249,160-$4,584,932
Current Officers, Directors, Trustees, and Key Employees$2,258,286$723,682-$2,981,968
Other Employee Benefits$2,266,476$292,251-$2,558,727
Depreciation Depletion$1,116,539$1,182,826-$2,299,365
Office Expenses$948,928$904,435-$1,853,363
Pension Plan Contributions$1,306,449$308,120-$1,614,569
Information Technology-$1,520,345-$1,520,345
Payroll Taxes$1,210,882$254,610-$1,465,492
Occupancy$566,272$460,341-$1,026,613
Advertising-$959,195-$959,195
Insurance-$436,400-$436,400
Fees for Services Legal-$220,956-$220,956
Fees for Services Accounting-$103,793-$103,793
Other Expenses$58,800--$58,800
Interest-$34,098-$34,098
Grants to Domestic Orgs$10,000--$10,000
Total Functional Expenses$64,163,207$11,700,064$0$75,863,271
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Gift of Life IncOverland Park, KS501(c)(3)Contribution$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Airplane Lease Valuation Reserve$50,000
Tenant Deposits$23,753
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The organization engages an outside accounting firm to prepare its form 990. Once the form 990 is prepared by the accounting firm and reviewed by management, the final form is provided to the entire board of directors at a regularly scheduled board meeting prior to filing. Questions and comments raised during the meeting regarding the final form 990 are addressed prior to filing.

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

All board members and employees are required to complete annual corporate compliance training, which includes the conflict of interest policy and a written test. The corporate compliance program is audited annually. Any conflicts of interest are determined and reviewed by the board chair and outside legal counsel. If it is determined that a board member has a conflict of interest, the board member must abstain from voting on any issue related to the conflict.

FORM 990, PART VI, SECTION B, LINE 15A & 15B

Midwest transplant network engages an independent firm to survey executive and key employee compensation every three years. In addition, the organization uses a salary survey provided by the association for organ procurement organizations every two years. This information is provided to the compensation committee for their annual review of executive and key employee compensation, pay increases and benefits on an annual basis.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are not available to the public.

Filing and Contact Details

Filer

Filer Name
Midwest Transplant Network Inc
EIN
43-1016328
In Care Of
% TERRY SHAMBLES
Phone
9132621668
Address
1900 WEST 47TH PLACE Suite 400, WESTWOOD, KS 66205

Signing Officer

Name
Jan Finn
Title
President, CEO
Phone
9132621668
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jan Finn
Formed
1973
Legal Domicile
Mo
Voting Board Members
15
Independent Board Members
15
Employees
305
Volunteers
100

Preparer

Firm
Forvis Llp
Address
1201 Walnut Suite 1700, Kansas City, MO 64106-2246
Preparer
Michael J Engle
Phone
8162216300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Lines 1, 4A, 4B, & 4C

Midwest transplant network (mtn) first began operation as midwest organ bank in 1973. Initially incorporated as a not-for-profit, community-based tissue typing laboratory and kidney recovery program by physicians dedicated to the care and treatment of end state renal disease patients, we became one of the nation's first independent organ procurement organizations (opo). After the passage of the 1984 national organ transplant act, the health care finance administration (hcfa) certified our organization as an opo and designated an exclusive service that included the state of kansas and more than 60 counties in central and western missouri. Within our donation service area (dsa), we serve a population of 5.5 million and have service contracts with approximately 230 hospitals. Five of those hospitals are transplant centers and include the children's mercy hospital, research medical center, saint luke's hospital, university hospital (columbia, mo), and the university of kansas hospital. At the urging of hospitals in our area, we expanded the scope of services to include tissue and eye recovery and in 1999 changed our name to midwest transplant network to better describe the expanded nature of the services provided. Mtn is a member of the united network for organ sharing (unos) and participates in the organ procurement and transplant network (optn) that is overseen by the u.s. Department of health and human services health resources services administration (hrsa). Governance of the organization is provided by a governing board which is comprised of business leaders, physicians, and members of the community. An advisory board of individuals with experience and expertise in donation, transplantation, healthcare and other disciplines provides advice to the governing board for specific areas of policy development. General responsibility for the organization is delegated to the chief executive officer. Mtn's primary purpose is to facilitate the organ and tissue donation process when a person dies at a hospital within the service area. In accordance with legal and regulatory requirements, mtn's highly trained staff work with physicians to evaluate the potential for donation of organs, tissues and eyes to determine if they are suitable for transplantation, research or medical study. Appropriate consents or authorizations are obtained and the process to complete the recovery of donated gifts in initiated. After death is pronounced, the potential donor is treated to ensure that organ function is maintained prior to recovery. In accordance with unos policy, organ recipients are identified, the surgical recovery is completed, and organs are distributed to the transplant programs. Vital organs for transplant include heart, lung, liver, kidney, pancreas, and small bowel. As required by the fda under the human cells, tissues, and cellular and tissue-based products (hct/ps) regulations, mtn is registered as a tissue establishment and undergoes regular inspections. Mtn works under contract with several tissue processors, eye banks and research organizations to recover tissues for transplant, and recover tissues and organs for research. Tissues for transplant include skin, bone, connective tissue, blood vessels, heart valves, cornea, and eyes. Research organs and tissues may include those listed or others specified by the researcher. The tissue banks we contract with give priority access to tissue from our donors to hospitals located in our service area. These tissue banks include musculoskeletal transplant foundation, rti donor services, cryolife, lifenet, iiam and national disease research interchange. Mtn works collaboratively with saving sight and the kansas eye bank and research center to maximize the gift of eye and cornea donation. Public education and awareness about the critical need for donation and transplantation is an important goal of our organization. Mtn staff work throughout the year to provide the public education programs and util

Form 990 Part IX Line 11G

Description:donor hospital fees total fees:13719411

Form 990 Part IX Line 11G

Description:surgeon & other medical fees total fees:3012558

Form 990 Part IX Line 11G

Description:non-dsa recovery fees total fees:9283170

Form 990 Part IX Line 11G

Description:registry fees total fees:681880

Financial Statement Notes

Schedule D, Part X, Line 2

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT, CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT, COO
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY, CAO
IRS990/Form990PartVIISectionAGrp/TitleTxt3SRG. ORGAN RECOVERY SPECIALIST
IRS990/Form990PartVIISectionAGrp/TitleTxt4SRG. ORGAN RECOVERY SPECIALIST
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer, CFO Thru 08/2021
IRS990/Form990PartVIISectionAGrp/TitleTxt6SR. DIRECTOR, BUSINESS SYSTEMS
IRS990/Form990PartVIISectionAGrp/TitleTxt7LAB DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SR, DIRECTOR, HOSPITAL
IRS990/Form990PartVIISectionAGrp/TitleTxt9SR. DIRECTOR,ORGAN PROCUREMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10HLA LAB DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR, HUMAN SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt12CORPORATE ATTORNEY
IRS990/Form990PartVIISectionAGrp/TitleTxt13SR. DIRECTOR QUALITY SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER, CFO as of 07/2021
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$88.5$18.8$69.8$94.2$89.1$5.10
2023Detailed filing. Detailed filing data is available for this year.$82.4$17.9$64.5$82.9$78.6$4.29
2022Detailed filing. Detailed filing data is available for this year.$79.1$18.9$60.3$96.7$81.5$15.2
2021Detailed filing. Detailed filing data is available for this year.$67.2$22.1$45.1$83.2$75.9$7.39
2020Detailed filing. Detailed filing data is available for this year.$47.9$10.2$37.7$72.6$69.1$3.51
2019Detailed filing. Detailed filing data is available for this year.$119$8.78$110$68.2$61.2$6.92
2018Detailed filing. Detailed filing data is available for this year.$101$8.09$93.0$59.5$52.8$6.73
2017Detailed filing. Detailed filing data is available for this year.$100$8.05$92.1$50.1$45.2$4.88
2016Detailed filing. Detailed filing data is available for this year.$89.3$6.80$82.5$46.0$40.5$5.53
2015Detailed filing. Detailed filing data is available for this year.$87.8$12.8$75.1$39.5$35.8$3.66
2014Detailed filing. Detailed filing data is available for this year.$87.5$15.3$72.2$37.7$33.6$4.08
2013Detailed filing. Detailed filing data is available for this year.$72.0$6.90$65.1$39.5$32.6$6.96
2012Summary only. Only limited summary data is available for this year.$57.3$4.85$52.5$36.4$28.9$7.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.0$4.13$42.9$28.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.4$4.02$36.3$25.8