We Are Blood

Tax-deductible

Austin, TX501(c)(3)Since 1951Health CareEIN 74-1366292Revenue $70.4M in FY2024

On file with the IRSweareblood.org4300 N Lamar Blvd, 78756-3421 · Austin, TXTax-exempt since Nov 2017Publicly supported — 509(a)(2)

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See part III, line 1

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Run by 220 volunteers and 288 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $3.9M a year · 7% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.4M
to officers and key staff · 4% of spending
Top officer’s pay higher than 62% of similar orgs
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $134K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$28.8M
40% of total assets
Looks good: liabilities are 40% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$70.4M
+10% vs prior year
Spent
$65.7M
To programs
89%
Net assets
$42.7M
By yearFY2020–FY2024
Revenue
$70.4M
FY2024▲ +10%
Tap a bar for its year
Revenue by fiscal year
FY2020$52.4M
FY2021$55.3M
FY2022$55.5M
FY2023$64.1M
FY2024$70.4M
Expenses
$65.7M
FY2024▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$48.8M
FY2021$50.1M
FY2022$54.3M
FY2023$59.0M
FY2024$65.7M
Net assets
$42.7M
FY2024▲ +16%
Tap a bar for its year
Net assets by fiscal year
FY2020$24.7M
FY2021$31.0M
FY2022$30.0M
FY2023$36.7M
FY2024$42.7M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $58.3M Management & general 11% · $7.4M Fundraising 0% · $1K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

26 people listed on the 990; $2.4M paid to officers and key staff.

Part VII, Section A · reportable compensation
$383,377Pt VII · Sec A
CEO Tissue
$297,866Pt VII · Sec A
$275,886Pt VII · Sec A
Chief Risk Officer
$235,474Pt VII · Sec A
Chief Quality Officer
$188,243Pt VII · Sec A
Chief People Officer
$187,736Pt VII · Sec A
Senior VP Donor, Clinical
$177,856Pt VII · Sec A
SR Vice President, Tissue
$175,678Pt VII · Sec A

Marian Garrard’s $383K as CEO is at the 62nd percentile of top reported officer pay among 2901 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2024FY2023FY2022FY2021FY2020
Marshall Cothran$235,474$260,191$299,838$392,604$319,330
Marian Garrard$383,377$324,022$245,294$241,740$217,725
Jeff Cox$297,866$247,866$249,304$251,630$217,126
Arlin Hall$275,886$261,301$277,001$246,816$216,105
Cari Unger$188,243$176,962$168,405$164,743$154,930
Sarah Finnegan$187,736$181,352$178,739$152,596$134,752
Lynn Crow$177,856$159,647$156,622——
Sarah Lopez$175,678$166,447$149,921$140,972$118,673

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides blood and blood products to patients in need.

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Provided by the organization

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3 programs · $58.3M · in their own filed words · FY2024
01

Tissue Services

The center provides for the ethical consent, recovery and testing of donated human tissue, and for the storage and distribution of processed tissue allografts for use in orthopedic, cardiovascular, neurological and other surgical procedures. It also provides follow up grief support services for tissue donor families.

$35.2Mprogram expense
02

Blood Services

In order to assure a safe and adequate supply ofdonated blood for the transfusion needs of central texas hospitals, the center solicits volunteer blood donors and provides for the collection, testing, processing, storage and distribution of blood and blood components.

$22.9Mprogram expense
03

Rental services

$209Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$134K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$70.4M
Ln 12
Fees for servicesLn 2g$69.1M
Investment incomeLn 3$765K
Other incomeLn 4–11$515K
Money outPt IX
$65.7M
Ln 25
Programscol B$58.3M
Managementcol C$7.4M
Fundraisingcol D$1K
Owns and owesPt X
$42.7M
net assets · Ln 32
Cash and savingsLn 1–2$12.9M
Total assetsLn 16$71.5M
LiabilitiesLn 26$28.8M
PeoplePt VI, VII
26
listed · VII A
PaidVII A11
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$53K
Noncash giftsLn 1g$6K
Fees for servicesLn 2g$69.1M
Investment incomeLn 3$765K
Other incomeLn 4–11$515K
Gains on assetsLn 7$33K
Total revenueLn 12$70.4M
Assets in detailPt X, end of year
CashLn 1$750
SavingsLn 2$12.9M
Cash and savings togetherLn 1–2$12.9M
InvestmentsLn 11–13$17.8M
Land, buildings, equipmentLn 10c$29.4M
Other assetsLn 15$574K
Total assetsLn 16$71.5M
LiabilitiesLn 26$28.8M
Net assetsLn 32$42.7M
OperationsPt I, VI
EmployeesI 5288
VolunteersI 6220
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$10.5M$12.9M
InvestmentsLn 11–13$16.1M$17.8M
Land, buildings, equipmentLn 10c$27.7M$29.4M
Total assetsLn 16$65.8M$71.5M
LiabilitiesLn 26$29.0M$28.8M
Net assetsLn 32$36.7M$42.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.8M$1.4M$385K
Other salaries and wagesLn 7$13.1M$10.2M$2.9M
Pension plan contributionsLn 8$809K$646K$164K
Other employee benefitsLn 9$1.9M$1.5M$380K
Payroll taxesLn 10$1.1M$869K$216K
Accounting feesLn 11c$68K$68K
Other fees for servicesLn 11g$806K$806K
Advertising and promotionLn 12$1.3M$100K$1.2M
Office expensesLn 13$485K$290K$195K
Information technologyLn 14$1.2M$1.0M$163K
OccupancyLn 16$275K$259K$15K
InterestLn 20$463K$463K
Depreciation, depletion and amortizationLn 22$1.1M$936K$119K
InsuranceLn 23$390K$167K$223K
Other expenses (24a–d)Ln 24$38.6M$38.6M$96K
All other expensesLn 24e$2.4M$1.6M$837K$1K
Total functional expensesLn 25$65.7M$58.3M$7.4M$1K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $70.4M$65.7M$4.7M$42.7M 990 PDF
FY2023 $64.1M$59.0M$5.1M$36.7M 990 PDF
FY2022 $55.5M$54.3M$1.2M$30.0M 990 PDF
FY2021 $55.3M$50.1M$5.2M$31.0M 990 PDF
FY2020 $52.4M$48.8M$3.6M$24.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $70,408,356 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,242,357$53,002
I-9 Program service revenuePrior year $61,736,599$69,074,920
I-10 Investment incomePrior year $452,452$765,421
I-11 Other revenuePrior year $702,104$515,013
I-12 Total revenuePrior year $64,133,512$70,408,356
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $17,621,066$18,610,622
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $41,424,136$47,098,702
I-18 Total expensesPrior year $59,045,202$65,709,324
I-19 Revenue less expensesPrior year $5,088,310$4,699,032
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $70,408,356 across 9 lines filed
VIII-1f All other contributions, gifts and grants$53,002
VIII-1g Noncash contributions (included above)$6,000
VIII-1h Total contributions, gifts and grants$53,002
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $69,074,920$69,074,920
VIII-3 Investment incomeExcluded from tax $732,374$732,374
VIII-6 Net rental income or lossUnrelated business $134,668 · Excluded from tax $89,062$223,730
VIII-7 Net gain or loss on sales of assetsRelated to mission $33,047$33,047
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $291,283$291,283
VIII-12 Total revenueRelated to mission $69,399,250 · Unrelated business $134,668 · Excluded from tax $821,436$70,408,356
Part IX · Statement of functional expenses $65,709,324 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $1,367,645 · Management $385,153$1,752,798
IX-7 Other salaries and wagesPrograms $10,185,528 · Management $2,902,640$13,088,168
IX-8 Pension plan contributionsPrograms $645,623 · Management $163,802$809,425
IX-9 Other employee benefitsPrograms $1,496,009 · Management $379,555$1,875,564
IX-10 Payroll taxesPrograms $869,123 · Management $215,544$1,084,667
IX-11c Accounting feesManagement $68,447$68,447
IX-11g Other fees for servicesPrograms $805,720$805,720
IX-12 Advertising and promotionPrograms $99,551 · Management $1,188,437$1,287,988
IX-13 Office expensesPrograms $290,251 · Management $194,724$484,975
IX-14 Information technologyPrograms $1,013,802 · Management $163,031$1,176,833
IX-16 OccupancyPrograms $259,451 · Management $15,123$274,574
IX-20 InterestManagement $463,446$463,446
IX-22 Depreciation, depletion and amortizationPrograms $936,482 · Management $118,710$1,055,192
IX-23 InsurancePrograms $167,215 · Management $223,095$390,310
IX-24 Other expenses (24a–d)Programs $38,553,410 · Management $95,867$38,649,277
IX-24e All other expensesPrograms $1,603,258 · Management $837,392 · Fundraising $1,290$2,441,940
IX-25 Total functional expensesPrograms $58,293,068 · Management $7,414,966 · Fundraising $1,290$65,709,324
Part X · Balance sheet $71,543,613 assets, 18 lines filed
Asset lines not itemized here account for $178,257; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $750$750
X-2 Savings and temporary cash investmentsStart of year $10,469,097$12,867,066
X-4 Accounts receivableStart of year $8,930,319$9,114,717
X-8 Inventories for sale or useStart of year $1,275,382$779,683
X-9 Prepaid expenses and deferred chargesStart of year $403,218$873,515
X-10c Land, buildings and equipment, netStart of year $27,677,481$29,394,739
X-11 Publicly traded securitiesStart of year $11,594,202$12,260,603
X-12 Other securitiesStart of year $3,907,014$4,879,569
X-13 Program-related investmentsStart of year $585,745$620,720
X-15 Other assetsStart of year $669,662$573,994
X-16 Total assetsStart of year $65,764,919$71,543,613
X-17 Accounts payable and accrued expensesStart of year $7,013,626$8,467,549
X-25 Other liabilitiesStart of year $536,235$383,151
X-26 Total liabilitiesStart of year $29,026,769$28,849,130
X-27 Net assets without donor restrictionsStart of year $36,715,890$42,694,483
X-28 Net assets with donor restrictionsStart of year $22,260$0
X-32 Total net assets or fund balancesStart of year $36,738,150$42,694,483
X-33 Total liabilities and net assetsStart of year $65,764,919$71,543,613
Part XI · Reconciliation of net assets $42,694,483 net assets at year end
XI-1 Total revenue$70,408,356
XI-2 Total expenses$65,709,324
XI-3 Revenue less expenses$4,699,032
XI-4 Net assets at start of year$36,738,150
XI-5 Net unrealized gains (losses) on investments$1,257,301
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$42,694,483

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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