TACOMA PIERCE COUNTY BLOOD BANK INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1946

Legal Domicile

Phone

2533832553

Tax Period

2024-01-01 to 2024-12-31

TACOMA PIERCE COUNTY BLOOD BANK INC, founded in 1946, is a community nonprofit in the Health Care sector that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $2.9M exceeded revenue, resulting in a 141% operating deficit.

Mission

TO PROVIDE A CONSTANT, SAFE, COST-EFFECTIVE SUPPLY OF BLOOD, BLOOD COMPONENTS AND OTHER RELATED SERVICES TO THE COMMUNITIES WE SERVE.

Program Service Accomplishments

Program 1

Expenses: $929,785 Revenue: $607,097

CRBS PARTICIPATES IN RESOURCE SHARING WITH BLOOD CENTERS AND HOSPITALS AROUND THE COUNTRY TO ENSURE PATIENTS RECEIVE THE BLOOD PRODUCTS WHERE AND WHEN THEY ARE NEEDED.

Program 2

Expenses: $904,563 Revenue: $590,628

THE BLOOD CENTER SAVES LIVES BY COLLECTING, PROCESSING AND DISTRIBUTING WHOLE BLOOD AND BLOOD PRODUCTS FROM VOLUNTEER DONORS.

Program 3

Expenses: $135,969 Revenue: $88,780

CRBS PERFORMS THERAPEUTIC PROCEDURES FOR PATIENTS IN HOSPITALS. THESE INCLUDE THERAPEUTIC PLASMA EXCHANGES, RED BLOOD CELL EXCHANGES AND WHITE CELL DEPLETIONS SERVICES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,664

Program Service Revenue $1,345,730

Investment Income $-122,084

Other Revenue $-23,840

TOTAL REVENUE $1,202,470

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,089,710

Fundraising Expenses $0

Program Expenses $1,970,317

Other Expenses $1,808,169

TOTAL EXPENSES $2,897,879

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,202,470	$9,559,028	-0.9%
Expenses	$2,897,879	$9,038,800	-0.7%
Net Income	$-1,695,409	$520,228	-4.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$104,642

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEAN GARCIA	CEO	0.00	Officer	$104,642	$0	$104,642
PATTY ROSE	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT NOVASKY	CHAIRMAN	2.00	Officer Director	$0	$0	$0
JOHN THOMPSON	VICE CHAIR	2.00	Officer Director	$0	$0	$0
MARY ANN BURNS CPA	TREASURER	2.00	Officer Director	$0	$0	$0
CHRISTINE SWINEHART	FORMER CEO	40.00	Officer	$0	$0	$0

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	$1,202,470	$2,897,879	$3,460,892	$-1,695,409
2023	$9,559,028	$9,038,800	$5,636,403	$520,228
2023	$9,559,028	$9,081,614	$6,017,568	$477,414
2022	$7,925,862	$8,558,407	$5,786,032	$-632,545
2022	$7,925,963	$8,534,412	$5,315,867	$-608,449
2021	$8,627,301	$9,271,538	$5,888,082	$-644,237
2020	$8,549,863	$9,529,094	$7,007,355	$-979,231
2019	$8,906,902	$9,149,570	$8,128,692	$-242,668
2018	$8,766,518	$8,889,748	$8,407,805	$-123,230