Lifebanc
501(c)(3) Donations tax-deductible
79% goes to programs $39 to raise $100 Strong reserves Declining revenue
Lifebanc is a 501(c)(3) organization based in Cleveland, Ohio, registered in 1986, with $39,226,937 in FY2024 revenue. CharityIndex grades it A, and it directs about 79% of spending to programs.
4775 Richmond Rd, Cleveland, OH, 44128 EIN 34-1525159 Since 1986
Revenue (FY2024)
$39.2M
▼ 50.5% vs prior year
Expenses (FY2024)
$39.4M
Net assets
$47.6M
Employees
238
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating79% to programs · $39 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Lifebanc: 79% to programs · $39 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · -0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Lifebanc: 15 mo reserves · -0% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Lifebanc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Lifebanc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Saving and healing lives through organ, eye and tissue donation.
What they do
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.
Contact & location
Financial trends
Revenue grew from $25.4M (FY2013) to $39.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $8.5MNet assets $47.6M
Operating margin
-0.4%
Spent more than it raised in the latest fiscal year.
Total assets
$56.1M
Total liabilities
$8.5M
Net assets
$47.6M
Salaries & benefits
$22.5M
57% of expenses
Board members
18
18 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $39,226,937▼50.5% | $39,369,011▼48.7% | $47,613,632▲5.7% | $56,068,248▼7.4% | 990 |
| 2023 | $79,308,005▲27.3% | $76,721,579▲26.8% | $45,043,071▲13.6% | $60,520,629▲17.2% | 990 |
| 2022 | $62,281,854▲11.9% | $60,504,389▲17.8% | $39,653,937▼4.9% | $51,659,681▼0.2% | 990 |
| 2021 | $55,677,520▲9.2% | $51,349,885▲9.8% | $41,700,337▲18.5% | $51,744,175▲16.0% | 990 |
| 2020 | $50,999,007▲18.7% | $46,759,096▲16.2% | $35,185,856▲18.3% | $44,599,501▲12.5% | 990 |
| 2019 | $42,980,067▲11.6% | $40,223,766▲10.0% | $29,752,156▲17.0% | $39,656,453▲8.3% | 990 |
| 2018 | $38,525,896▲11.6% | $36,563,549▲10.7% | $25,425,181▲2.5% | $36,608,565▲1.1% | 990 |
| 2017 | $34,511,699▲4.7% | $33,041,306▲7.5% | $24,816,933▲11.8% | $36,195,560▲22.5% | 990 |
| 2016 | $32,971,248▲3.6% | $30,733,533▲9.6% | $22,194,839▲14.9% | $29,540,974▲10.9% | 990 |
| 2015 | $31,818,485▲9.8% | $28,052,885▲1.7% | $19,313,194▲22.3% | $26,634,572▲17.3% | 990 |
| 2014 | $28,972,044▲14.2% | $27,582,896▲15.1% | $15,797,608▲11.9% | $22,708,720▲9.4% | 990 |
| 2013 | $25,374,048 | $23,963,052▼8.6% | $14,115,687▲14.3% | $20,753,222▲12.5% | 990 |
| 2012 | — | $26,221,327▲1.3% | $12,345,138▲6.8% | $18,451,218▼0.4% | 990 |
| 2011 | — | $25,894,698▲4.8% | $11,558,249▲0.2% | $18,529,683▼2.7% | 990 |
| 2010 | — | $24,717,039 | $11,534,066 | $19,045,934 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Gordon Bowen — $954,610 (2.42% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Gordon Bowen | Chief Executive Officer | 40 | $954,610 |
| Micah Davis | Chief Operations Officer, | 40 | $377,603 |
| Debra Cooper | Chief Quality Officer | 40 | $297,316 |
| Heather Mekesa | Senior Director of Externa | 40 | $284,277 |
| Barbara Drobney | Senior Director of Finance | 40 | $279,042 |
| Donna Ferchill | Senior Director of Clinica | 40 | $263,022 |
| Jeannie Sureck | Senior Director of Human R | 40 | $249,284 |
| Alan Papa | President | 3 | — |
| Candice Monroe | Board Member | 1 | — |
| Cheryl Bailey | Board Member | 1 | — |
| Chris Shay-downer | Board Member | 1 | — |
| Colleen Murnane | Board Member | 1 | — |
| Daneen Mace-vadjunecmhhs Rn-onc Tcr | Board Member | 1 | — |
| Don Corpora Mba Sphr | President-elect & Treasurer | 3 | — |
| Jacques Smith | Board Member | 1 | — |
| Jennifer Strazzella | Board Member | 1 | — |
| Jim Will | Board Member | 1 | — |
| Kelly Skeat | Board Member | 1 | — |
| Margie Diaz | Board Member | 1 | — |
| Mariann Pacak | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Examworks Inc | Medical Bill Review | $221,273 |
| Koji Hashimoto | Medical Director | $100,800 |
Grants received · $1.5M total
26 grants to Lifebanc totaling $1.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cleveland Foundation | Organization distribution | 2024 | $233,385 |
| Paypal Charitable Giving Fund | General support | 2024 | $13,535 |
| Cleveland Foundation | General support in response to the fundraising efforts of the hazel joy memorial golf outing at the bunker hill golf club | 2023 | $582,399 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $109,700 |
| Thrivent Charitable Impact & Investing | General support | 2023 | $8,000 |
| Cleveland Foundation | Over the edge 2022 | 2022 | $308,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $13,200 |
| National Philanthropic Tr | Health | 2022 | $9,500 |
| Donor Advised Charitable Giving | Health | 2021 | $53,100 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $19,568 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $19,568 |
| National Philanthropic Tr | Health | 2020 | $6,250 |
| The Blackbaud Giving Fund | Charitable | 2019 | $5,000 |
| National Philanthropic Tr | Health | 2018 | $27,000 |
| Network For Good Inc | Unrestricted | 2018 | $10,757 |
Frequently asked questions
- Is Lifebanc a legitimate nonprofit?
- Yes. Lifebanc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-1525159, based in Cleveland, Ohio. Donations are tax-deductible.
- What is Lifebanc's EIN?
- Lifebanc's Employer Identification Number (EIN) is 34-1525159.
- How much revenue does Lifebanc report?
- Lifebanc reported $39,226,937 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Lifebanc's spending goes to programs?
- Lifebanc spends about 79% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Lifebanc have?
- CharityIndex grades Lifebanc A, based on program efficiency and fundraising cost.
- How much does Lifebanc's highest-paid employee make?
- The highest reported compensation on Lifebanc's latest Form 990 is $954,610, paid to Gordon Bowen (Chief Executive Officer).
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Data for Lifebanc (EIN 34-1525159) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.