Allosource

EIN: 841327507 501(c)(3) Health Care

CENTENNIAL, CO

Total Revenue
$172,749,079
Total Expenses
$173,901,699
Total Assets
$152,171,181
Net Assets
$96,370,383
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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
IL
Phone
7208730213
Tax Period
2023-01-01 to 2023-12-31

Allosource, founded in 1994, is a major nonprofit in the Health Care sector that reported $172.7M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

INSPIRED BY THE GIFT OF DONATION FROM OUR COMMUNITIES, ALLOSOURCE RESPONSIBLY PROVIDES INNOVATIVE CELLULAR AND TISSUE ALLOGRAFTS TO ADVANCE PATIENT HEALING.

Program Service Accomplishments

Program 1
Expenses: $153,558,579 Revenue: $173,086,904

PROCESSING AND DISTRIBUTION: WITH THE GIFT OF DONATED TISSUE, ALLOSOURCE PROVIDES INNOVATIVE CELLULAR AND TISSUE ALLOGRAFTS TO ADVANCE PATIENT HEALING. IN 2023, ALLOSOURCE FULFILLED THIS...

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PROCESSING AND DISTRIBUTION: WITH THE GIFT OF DONATED TISSUE, ALLOSOURCE PROVIDES INNOVATIVE CELLULAR AND TISSUE ALLOGRAFTS TO ADVANCE PATIENT HEALING. IN 2023, ALLOSOURCE FULFILLED THIS RESPONSIBILITY BY PROCESSING MORE THAN 8,300 DONORS, AND DISTRIBUTED THE TISSUE THROUGHOUT NORTH AMERICA, SOUTH AMERICA, CARIBBEAN, EUROPE, MIDDLE EAST, ASIA AND OCEANIA. MUSCULOSKELETAL AND SOFT TISSUE DONORS PROVIDE AN OPPORTUNITY TO CREATE LIFE-SAVING AND LIFE-ENHANCING SOLUTIONS IN ORTHOPEDIC, SPINE, BURN, AND WOUND PROCEDURES TO HELP RESTORE PATIENT HEALTH AND MOBILITY. ALLOSOURCE IS ACCREDITED BY THE AMERICAN ASSOCIATION OF TISSUE BANKS AND IS REGISTERED WITH THE FDA.

Program 2
Expenses: $7,499,454

RESEARCH, EDUCATION, AND TRAINING: ALLOSOURCE IS DEDICATED TO ADVANCING THE USE OF TRANSPLANTABLE ALLOGENEIC CELLS AND TISSUE THROUGH PIONEERING RESEARCH. IN 2023, ALLOSOURCE CONTINUED ITS RESEARCH...

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RESEARCH, EDUCATION, AND TRAINING: ALLOSOURCE IS DEDICATED TO ADVANCING THE USE OF TRANSPLANTABLE ALLOGENEIC CELLS AND TISSUE THROUGH PIONEERING RESEARCH. IN 2023, ALLOSOURCE CONTINUED ITS RESEARCH IN THE AREAS OF PEDIATRIC ORTHOPEDICS AND CELLULAR THERAPIES, EXPANDING THE IMPACT OF DONATION BY FINDING ADDITIONAL USES FOR TISSUE. ALLOSOURCE WORKED WITH THE 501(C)(3) ORGANIZATIONS THAT RECOVER TISSUE TO REDUCE TISSUE CONTAMINATION. WE ALSO PROVIDED EDUCATIONAL OPPORTUNITIES TO OUR PARTNER ORGAN PROCUREMENT ORGANIZATIONS TO HELP THEM INCREASE DONATION RATES IN THEIR RESPECTIVE COMMUNITIES.

Program 3
Expenses: $346,328

CHARITABLE CONTRIBUTION ACTIVITY: IN ALIGNMENT WITH OUR MISSION, ALLOSOURCE PROVIDED GRANTS TO SUPPORT 501(c)(3) ORGANIZATIONS THAT ARE INVOLVED IN ORGAN, EYE, AND TISSUE DONATION, S.T.E.M...

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CHARITABLE CONTRIBUTION ACTIVITY: IN ALIGNMENT WITH OUR MISSION, ALLOSOURCE PROVIDED GRANTS TO SUPPORT 501(c)(3) ORGANIZATIONS THAT ARE INVOLVED IN ORGAN, EYE, AND TISSUE DONATION, S.T.E.M. EDUCATION, AS WELL AS PATIENT PHYSICAL AND MENTAL HEALING. IN 2023, ALLOSOURCE GAVE GRANTS TO THREE ORGANIZATIONS TO FURTHER TISSUE DONATION AND TRANSPLANTATION AWARENESS AND PROCESSES, AND MADE CHARITABLE CONTRIBUTIONS TO ELEVEN OTHER 501(C)(3) ORGANIZATIONS THROUGH DIRECT AND MATCHING EMPLOYEE FINANCIAL DONATIONS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $790,852
Program Service Revenue $172,567,159
Investment Income $-1,128,677
Other Revenue $519,745
TOTAL REVENUE $172,749,079

Expense Breakdown

Grants Paid $346,328
Salaries & Benefits $57,414,966
Fundraising Expenses $0
Program Expenses $161,404,361
Other Expenses $116,140,405
TOTAL EXPENSES $173,901,699

Year-over-Year Comparison

2023 2022 Change
Revenue $172,749,079 $157,659,866 +0.1%
Expenses $173,901,699 $164,951,555 +0.1%
Net Income $-1,152,620 $-7,291,689 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
5
Employees
619
Volunteers
5

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
7
$3,092,660
Total Directors
7
$2,144,481
Key Employees
4
$1,441,011
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A PRESIDENT, CEO AS OF 1/9/23 40.0
Officer Director
$509,715 $54,366 $564,081
N/A BOARD MEMBER - CHAIR 3.0
Officer Director
$0 $0 $0
N/A BOARD MEMBER - VICE CHAIR 3.0
Officer Director
$0 $0 $0
N/A BOARD MEMBER - TREASURER 3.0
Officer Director
$0 $0 $0
N/A PRESIDENT, CEO UNTIL 1/9/23 STRATEGIC ADVISOR 1/10/23-12/29/23 30.0
Officer Director
$1,423,126 $157,274 $1,580,400
N/A BOARD MEMBER 3.0
Director
$0 $0 $0
N/A BOARD MEMBER 3.0
Director
$0 $0 $0
N/A CHIEF COMMERCIAL OFFICER 40.0
Officer
$401,804 $56,775 $458,579
N/A CHIEF FINANCIAL OFFICER 40.0
Officer
$436,805 $52,795 $489,600
N/A VP INTERNATIONAL 40.0
Key Emp
$230,004 $43,719 $273,723
N/A SVP OPERATIONS 40.0
Key Emp
$396,268 $41,825 $438,093
N/A SVP QUALITY & PERFORMANCE EXCELLENCE 40.0
Key Emp
$325,993 $50,367 $376,360
N/A SVP HUMAN RESOURCES 40.0
Key Emp
$316,827 $36,008 $352,835
N/A SR DIRECTOR PRODUCT DEVELOPMENT INNOVATION & CLINICAL AFFAIRS 40.0
Highest
$305,168 $41,499 $346,667
N/A EXECUTIVE DIRECTOR ESSENT BIOLOGICS 40.0
Highest
$495,339 $18,097 $513,436
N/A MEDICAL DIRECTOR 40.0
Highest
$234,667 $23,785 $258,452
N/A ASSOCIATE MEDICAL DIRECTOR 40.0
Highest
$226,999 $22,420 $249,419
N/A REGIONAL ACCOUNTS MANAGER - RECONSTRUCTION 40.0
Highest
$223,302 $22,360 $245,662
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 No data No data No data No data
2023 $172,749,079 $173,901,699 $152,171,181 $-1,152,620
2022 $157,659,866 $164,951,555 $151,465,252 $-7,291,689
2021 $155,893,092 $149,970,189 $159,280,859 $5,922,903
2020 $137,184,154 $142,008,508 $155,465,890 $-4,824,354
2019 $146,066,508 $141,353,159 $159,803,280 $4,713,349
2018 $162,715,599 $153,235,852 $149,573,472 $9,479,747
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