Lifebanc EIN 34-1525159 Form 990 (PDF) Claim this org

Lifebanc FY2020 filing

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Save and heal lives through organ, eye, and tissue donation. For fiscal year 2020 it reported $51.0M in revenue, $46.8M in expenses, and $35.2M in net assets.Pt I

Founded
1986
Type
Public charity (501(c)(3)) · Nonprofit
Location
Cleveland, OH
Website
www.lifebanc.org
Filings
5 on file (2020–2020)
Revenue
$51.0MFY2020
Expenses
$46.8M
Net assets
$35.2M
People
26
Filings
5
Updates
0
More identity details & actions ⌄
EIN  34-1525159 Public charity (501(c)(3)) Cleveland, OH Founded 1986
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 8/6/26 · see original: IRS
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Size
$10–100M
What they do
Save and heal lives through organ, eye, and tissue donation.
Leadership
Gordon Bowen · Chief Executive Officer · $510K
Money in and out
$51.0M revenue, $46.8M expenses
Bottom line
89% program efficiency
Where the money goes · FY2020
Total revenue
$51.0M
Pt VIII · Ln 12
Total expenses
$46.8M
Pt IX · Ln 25
Net assets
$35.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $4.2M
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.11 Fundraising $0.00
Program efficiency
89%
of spending reaches programs
Operating runway
5.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
+8%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$51.0M
FY2020
Expenses
$46.8M
FY2020
Total assets
$44.6M
FY2020
Total liabilities
$9.4M
FY2020
Total revenue
$51.0M
Pt VIII · Ln 12
Total expenses
$46.8M
Pt IX · Ln 25
Net assets
$35.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$4.2M
Total assetsPt X · Ln 16$44.6M
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 419
Mission & Programs · Part III

Where the work happens

2 program services account for $41.7M of program spending, described in the organization's own filed words · FY2020.
01

Since 1986, lifebanc has been the northeast ohio nonprofit organization working to save and heal lives through organ and tissue donation. Lifebanc began as one of the original organ procurement organizations in the united states and is a leader in the field and a highly respected organization regionally and nationally.

$41.5Mprogram expense
02

Annually, lifebanc volunteers and staff educate more than 100,000 students and adults in an effort to provide accurate information, engage the public and increase the number of registered organ, eye and tissue donors. Lifebanc also provides bereavement support and services to families touched by donation.

$179Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLifebanc
EINHdr · item D34-1525159
Principal addressHdr · item CCleveland, OH
WebsiteHdr · item Jwww.lifebanc.org
Year of formationHdr · item L1986
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFOct 1986

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a19
Independent voting membersPt VI · Ln 1b19
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chief Executive Officer
$510,188Pt VII · Sec A
Chief Operations Officer
$227,235Pt VII · Sec A
Chief Quality Officer
$224,863Pt VII · Sec A
Chief Talent Officer
$201,072Pt VII · Sec A
Director of Finance
$193,814Pt VII · Sec A
Director of Information Technology
$163,484Pt VII · Sec A
Director of Organ Services
$123,823Pt VII · Sec A
Treasurer/Chair of Finance Committee
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Gordon Bowen$954,610$596,448$511,699$512,419$510,188
Micah Davis$377,603$316,336$229,201
Debra Cooper$297,316$254,916$237,738$221,331$224,863
Heather Mekesa$284,277$228,342$227,235
Barbara Drobney$279,042$228,585$203,249$187,769$193,814
Donna Ferchill$263,022$195,727
Jeannie Sureck$249,284$194,422
Heather Makesa$228,637

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$50.3M · 99%
Investment income$329K · 1%
Other revenue$279K · 1%
Program service revenue99%$50.3M
Investment income1%$329K
Other revenue1%$279K
Contributions & grants$131K
Total revenueLn 12$51.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.11 Fundraising $0.00
Program services89%$41.7M
Management & general11%$4.9M
Fundraising$119K
Total functional expensesLn 25$46.8M

Balance Sheet

Part X · end of year
CashLn 1$2.0M
Total assetsLn 16$44.6M
Total liabilitiesLn 26$9.4M
Total net assetsLn 32$35.2M
Months of cash on handcomputed0.5

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $22.6M · Operating expenses/yr $46.8M
5.8 months
Where the money goes
Program services
Program services $41.7M · Total expenses $46.8M
89%
Management & General
Management & general $4.9M · Total expenses $46.8M
11%
Fundraising
Fundraising $119K · Total expenses $46.8M
0.3%
Cost to raise $1
Fundraising expense $119K · Solicited contributions $131K
$0.90 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $131K · Total revenue $51.0M
0.3%
Government reliance
Government grants — · Total revenue $51.0M
Earned-income share
Program service revenue $50.3M · Total revenue $51.0M
99%
Investment reliance
Investment income $329K · Total revenue $51.0M
+0.6%
Program self-sufficiency
Program service revenue $50.3M · Total expenses $46.8M
107%
Growth & trend
Revenue growth (YoY)
This year $51.0M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $35.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $51.0M · Expenses $46.8M
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $44.6M
Net-asset ratio
Net assets $35.2M · Total assets $44.6M
79%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $17.4M · Other securities (Pt X, ln 12) $3.2M · Total assets (Pt X, ln 16) $44.6M
46%
People & payroll
Highest Reported Total Compensation
Individual Gordon Bowen · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $510K · Total expenses $46.8M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $12.2M · Total expenses $46.8M
26%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 11%
Fundraising cost ratio 90%
Investment management fee ratio 0.2%
Legal fee ratio 0.02%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$34K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$39.2M revenue · ⤓ 990 PDF
FY2023$79.3M revenue · ⤓ 990 PDF
FY2022$62.3M revenue · ⤓ 990 PDF
FY2021$55.7M revenue · ⤓ 990 PDF
FY2020$51.0M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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