LIFESHARE BLOOD CENTER (EIN 720511367) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1942

Legal Domicile

Principal Officer

MICHAEL THOMAS

Phone

3182227770

Tax Period

2024-01-01 to 2024-12-31

LIFESHARE BLOOD CENTER, founded in 1942, is a mid-sized nonprofit that reported $46.5M in total revenue in fiscal year 2024.

Mission

THE MISSION OF LIFESHARE BLOOD CENTER IS TO CONNECT DONORS AND THE LIVES THEY IMPACT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $77,650

Program Service Revenue $44,694,391

Investment Income $750,483

Other Revenue $953,632

TOTAL REVENUE $46,476,156

Expense Breakdown

Grants Paid $133,780

Salaries & Benefits $23,507,667

Fundraising Expenses $90,791

Program Expenses $36,752,798

Other Expenses $23,120,797

TOTAL EXPENSES $46,762,244

Year-over-Year Comparison

	2024	2023	Change
Revenue	$46,476,156	$48,008,494	0.0%
Expenses	$46,762,244	$45,734,085	+0.0%
Net Income	$-286,088	$2,274,409	-1.1%

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

606

Volunteers

100000

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

$1,431,378

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM SIMMS III	TRUSTEE, CHAIRMAN	2.00	Director	$0	$0	$0
JOHN VANHOOSE	TRUSTEE, VICE CHAIRMAN	2.00	Director	$0	$0	$0
VERNI HOWARD	TRUSTEE, SECRETARY	2.00	Director	$0	$0	$0
WALTER SANCHEZ	TRUSTEE, PAST CHAIRMAN	2.00	Director	$0	$0	$0
O MICHAEL HARRIS	TRUSTEE	2.00	Director	$0	$0	$0
MARGARET WALLACE	TRUSTEE	2.00	Director	$0	$0	$0
WILLIAM HANKINS	TRUSTEE	2.00	Director	$0	$0	$0
JOHN MATESSINO	TRUSTEE	2.00	Director	$0	$0	$0
VICTOR SOOTER	TRUSTEE	2.00	Director	$0	$0	$0
MERRILEE LEATHERMAN	TRUSTEE	2.00	Director	$0	$0	$0
JOYCE BURGES	TRUSTEE	2.00	Director	$0	$0	$0
LOUIS RAY	TRUSTEE	2.00	Director	$0	$0	$0
CHAD DOUGLAS	PRESIDENT, CEO	40.00	Officer	$697,644	$48,683	$746,327
MONICA KALVELAGE	COO	40.00	Officer	$220,569	$38,214	$258,783
CARRIE HRISAFI-JOSAN	CFO	40.00	Officer	$228,680	$25,763	$254,443
LORI BATTON	CAO	40.00	Officer	$150,228	$21,597	$171,825
NELSON HELLWIG	EXEC. DIRECTOR	40.00	Highest	$251,846	$39,333	$291,179
GERI VENABLE	COO, PLASMA SERVICES	40.00	Highest	$170,478	$38,149	$208,627
TIM PETERSON	MEDICAL DIRECTOR	19.00	Highest	$123,065	$7,384	$130,449
GEORGE JONES	EXEC. DIRECTOR QUALITY & R	40.00	Highest	$125,022	$19,061	$144,083
CHELSEA SHEPPARD	MEDICAL DIRECTOR	20.00	Highest	$136,402	$8,184	$144,586
TERESA STEWART	EXEC. DIRECTOR BLOOD OPERATIONS	40.00	Highest	$128,179	$22,856	$151,035
JARED FRY	SR. DIRECTOR -LABORATORY S	40.00	Highest	$129,085	$32,881	$161,966
CARLOS COCKERHAM	SR. DIRECTOR - INFORMATION	40.00	Highest	$109,870	$31,965	$141,835
MICHAEL NAQUIN	EXEC. DIRECTOR PROCUREMENT	40.00	Highest	$110,733	$7,619	$118,352
TERESA FOOTMAN	ACTS PURCHASING MANAGER	40.00	Highest	$103,547	$18,239	$121,786

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	$46,476,156	$46,762,244	$42,061,673	$-286,088
2023	$48,008,494	$45,734,085	$55,240,246	$2,274,409
2022	$47,123,563	$42,213,708	$53,017,614	$4,909,855
2021	$47,297,189	$42,357,673	$48,729,575	$4,939,516
2021	$47,297,189	$42,357,673	$48,729,575	$4,939,516
2020	$43,868,545	$43,359,345	$48,760,940	$509,200
2019	$42,573,777	$42,537,672	$42,637,569	$36,105
2018	$40,892,963	$42,124,532	$29,676,784	$-1,231,569

LIFESHARE BLOOD CENTER