Lifeshare Community Blood Services Inc
Nonprofit profile at a glance
- EIN
- 341163202
- IRS 990 coverage
- 2010–2014
- Forms available
- Form 990 2014
- Location
- Elyria, OH, USA
- Phone
- 4403225700
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Blood Supply Related
Reported finances
- Revenue
- $15,900,583
- Expenses
- $21,846,543
- Assets
- $6,404,541
- Liabilities
- $569,019
Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- RICHARD L CLUCK (PRESIDENT AND CEO)
Highest reported compensation
- RICHARD L CLUCK (PRESIDENT AND CEO): $332,058 total reported compensation
- MIKE DASH (VP OF OPERATIONS): $160,147 total reported compensation
- DONYAH PERINE (DIRECTOR FINANCIAL SERVICES): $135,623 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
LifeShare Community Blood Services is a community-
What it reported doing in 2014
Lifeshare's services included recruitment, collection, testing, processing and distribution of whole blood and components for hospitals. Lifeshare is a member of america's blood centers, the national organization of independent blood centers, is accredited by the american association of blood banks and licensed by the fda. In 2014 lifeshare distributed over 70,000 units of blood products.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 66% for direct work, and 34% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 45
- Accountability: 100
- Sustainability: 18
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 91.4%; rating input score 91
- Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 0; 0th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 9th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 3.2%; rating input score 3; 9th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 69th 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: -37.4%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 82; 82nd percentile among comparable filings
- Officer compensation ratio: 4.4%; rating input score 43; 43rd percentile among comparable filings
Growth
- Program expense growth: 30.9% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: -3.2% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: -8% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 91.4% of spending went to programs
- Governance: 10 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $20M in reported program spending
- Leadership: top reported pay $332K · 16 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $2.2M reported
- Consistency: 30 of 31 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes grants, executive pay, and related organizations
- Filing history: 5 filing years from 2010 to 2014
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 3/100.
- High — Financial Efficiency: Fundraising efficiency scored 0/100.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Revenue growth scored 0/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- High — Growth: Asset growth scored 0/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 43/100.