American Association of Tissue Banks Inc

EIN: 521114697 501(c)(3)

McLean, VA

Total Revenue
$6,968,887
Total Expenses
$6,133,354
Total Assets
$8,498,628
Net Assets
$5,935,507
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
MD
Principal Officer
Marc Pearce
Phone
7032291020
Tax Period
2024-01-01 to 2024-12-31

AMERICAN ASSOCIATION OF TISSUE BANKS INC, founded in 1976, is a community nonprofit that reported $5.5M in total revenue in fiscal year 2018. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $5.2M left a modest 5% surplus.

Mission

Premier standard-setting body promoting the safety and use of donated human tissue.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $181,100
Program Service Revenue $5,764,000
Investment Income $250,909
Other Revenue $772,878
TOTAL REVENUE $6,968,887

Expense Breakdown

Grants Paid $45,113
Salaries & Benefits $2,666,504
Fundraising Expenses $0
Program Expenses $4,506,108
Other Expenses $3,421,737
TOTAL EXPENSES $6,133,354

Year-over-Year Comparison

2024 2023 Change
Revenue $6,968,887 $6,271,185 +0.1%
Expenses $6,133,354 $6,416,323 0.0%
Net Income $835,533 $-145,138 -6.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Governance

Voting Members
16
Independent Members
16
Employees
16
Volunteers
175

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$534,408
Total Directors
20
$0
Key Employees
1
$255,195
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeff Cox Chair 1.00
Officer Director
$0 $0 $0
Rhonda Horstman Past Chair 1.00
Officer Director
$0 $0 $0
George Herrera Chair-Elect 1.00
Officer Director
$0 $0 $0
Alyssa Harrison Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Dan Lunn Board Member 1.00
Director
$0 $0 $0
Douglas Wilson Board Member 1.00
Director
$0 $0 $0
Hannis Thompson Board Member 1.00
Director
$0 $0 $0
James Bardsley Board Member 1.00
Director
$0 $0 $0
Jennifer Drago Board Member 1.00
Director
$0 $0 $0
Kimberly Monroe Board Member 1.00
Director
$0 $0 $0
Louis Jares Board Member 1.00
Director
$0 $0 $0
Mark DeFilippis Board Member 1.00
Director
$0 $0 $0
Melissa O'Connor Board Member 1.00
Director
$0 $0 $0
Bill Cassarly Board Member 1.00
Director
$0 $0 $0
Ryan Cormier Board Member 1.00
Director
$0 $0 $0
Ryan Nelson Board Member 1.00
Director
$0 $0 $0
Sally Alrabaa Board Member 1.00
Director
$0 $0 $0
Sarah Lopez Board Member 1.00
Director
$0 $0 $0
Catherine Hankins Board Member 1.00
Director
$0 $0 $0
Christy Martinelli Board Member 1.00
Director
$0 $0 $0
Marc Pearce President and CEO 40.00
Officer
$487,411 $46,997 $534,408
Jennifer Keller Chief Administrative Officer 40.00
Key Emp
$233,721 $21,474 $255,195
Kip Hanks Director of Accreditation and Regulatory Affairs 40.00
Highest
$202,137 $44,323 $246,460
Mario Sindaco Director of Standards 40.00
Highest
$156,857 $42,413 $199,270
Ashley Davis Director of Communications 40.00
Highest
$133,338 $27,865 $161,203
Julie Bly Director of Membership 40.00
Highest
$130,118 $35,373 $165,491
Haydee Barno Director of Education 40.00
Highest
$127,884 $11,134 $139,018
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $6,968,887 $6,133,354 $8,498,628 $835,533
2023 $6,271,185 $6,416,323 $8,043,354 $-145,138
2022 $5,480,581 $5,277,346 $7,132,410 $203,235
2021 $5,477,598 $4,755,693 $5,927,730 $721,905
2020 $5,286,681 $4,306,004 $5,016,718 $980,677
2019 $5,495,384 $5,758,328 $4,171,504 $-262,944
2018 $5,471,158 $5,208,976 $4,231,918 $262,182
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