LifeServe Blood Center

What it reported doing in 2025

Quality: the quality department at lifeserve blood center is responsible for ensuring the safety and quality of the blood and blood products collected, tested and distributed to customers. The function of this area of the company is to ensure that all employees and vendors are working within guidelines and standard operating procedures set by regulatory agencies such as the fda (food and drug administration) and aabb (association for the advancement of blood & biotherapies). Additionally, this area is responsible for handling all training programs for lifeserve blood center staff to ensure proper competency to perform vital job functions. The quality department also leads the organization's process improvement efforts, ensuring efficient and effective operations. Expense $901,812. Including grants of $ 0. Revenue $ 0. Fleet, facilities and purchasing: the fleet, facilities and purchasing department at lifeserve blood center is responsible for furnishing the operations department with the vehicles and facilities used to collect blood products at both mobile and fixed site operations. This is achieved through a combination of large buses, vans, and trailers to accommodate the donation process, as well as fixed site locations across the region, where donors can come and make their life-saving blood donation. This department is also responsible for purchasing all supplies for the organization. Expenses $3,868,186. Including grants of $ 0. Revenue $ 0. Public relations and marketing: the public relations and marketing department is responsible for all marketing, public relations and communication efforts needed to engage individuals to become blood donors. This department is also responsible for ensuring a positive community image through visibility events and brand awareness efforts. Additionally, this area of the organization also handles and/or performs all media outreach. As a part of the public relations and marketing department, lifeserve blood center manages a volunteer outreach program specifically geared toward engaging volunteers to perform a wide variety of operational tasks and functions for the organization. These unpaid individuals help transport blood to and from hospitals, perform filing and/or clerical duties as well as help ensure supplies are packed and received appropriately. This outreach program is extremely vital to the operation of the organization by providing additional resources without incurring extra expense. Expense $1,556,563. Including grants of $ 0. Revenue $ 0.

Financial Efficiency

• Mission deployment rate: 87.6%; rating input score 88
• Program expense ratio: 90.1%; rating input score 90
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 66th percentile among comparable filings
• Pay-setting controls: 6 of 6 controls in place; rating input score 100
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 6.7%; rating input score 61; 61st percentile among comparable filings
• Total-asset coverage ratio: 2.66; rating input score 63; 63rd percentile among comparable filings
• Liabilities to assets ratio: 0.23; rating input score 64; 64th percentile among comparable filings
• Officer compensation ratio: 4.1%; rating input score 29; 29th percentile among comparable filings

Growth

• Program expense growth: 2.8% per year; rating input score 100; 22nd percentile among comparable filings
• Revenue growth: 2.7% per year; rating input score 100; 19th percentile among comparable filings
• Asset growth: 11.5% per year; rating input score 100; 75th percentile among comparable filings