LifeStream Blood Bank

Nonprofit profile at a glance

EIN
951708743
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
San Bernardino, CA, United States
Phone
800.879.4484
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Blood Supply Related

Official website

Reported finances

Revenue
$60,711,584
Expenses
$60,313,877
Assets
$43,045,899
Liabilities
$10,945,811

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • ROBERT SANCHEZ (PRESIDENT & CEO)
  • SCOTT A MILLER (President & CEO)

Highest reported compensation

  • ROBERT SANCHEZ (PRESIDENT & CEO): $317,881 total reported compensation
  • SCOTT A MILLER (President & CEO): $310,223 total reported compensation
  • JULIANNA H QUARLES (VP TEC/CLIN AFFAIR): $212,696 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to help save lives by connecting donors and patients through the gift of blood. To make this mission a reality, LifeStream has fixed-site donor centers in San Bernardino, Riverside, Hemet, Ontario, Victorville, Murrieta, La Quinta and Rancho Mirage where generous, volunteer blood donors can give the gift of life. To further ensure the convenience and comfort of donors, LifeStream conducts about 1,700 mobile blood drives annually throughout our service area at schools, churches, businesses, government offices, hospitals and service clubs.

What it reported doing in 2024

Blood was collected at fixed collection sites and blood drives throughout the counties of san bernardino, riverside, orange, imperial and los angeles. Lifestream also supplied specialty products such as red cells and plasma for pediatric patients, high dose white blood cells to treat patients with infections, large volume apheresis plasma for burn, trauma and transplant patients and pooled cryoprecipitate and factor concentrates for patients with bleeding disorders. Autologous and directed donation services were made available to patients and their families who desired to donate blood in advance of anticipated need. As one of two aabb accredited immunohematology labs in san bernardino and riverside counties, lifestream is an expert at solving complex problems involving rare blood types and other sophisticated blood center services and prepares specialized blood products for unique blood conditions. Lifestream also contributes to the education and advancement of the blood banking and transfusion community by offering continuing education programs, internships for students, and lectures for hospitals and medical societies.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 90
  • Accountability: 94
  • Sustainability: 37
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.1%; rating input score 83
  • Program expense ratio: 83%; rating input score 83
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Missing
    • Independent consultant: Missing
    • 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: 90%; rating input score 90; 38th 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: 0.7%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 0.71; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.25; rating input score 61; 61st percentile among comparable filings
  • Officer compensation ratio: 2.7%; rating input score 43; 43rd percentile among comparable filings

Growth

  • Program expense growth: -0.4% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: 1.3% per year; rating input score 100; 10th percentile among comparable filings
  • Asset growth: 2.2% per year; rating input score 100; 15th percentile among comparable filings

Details

  • What they do: 2 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 83.1% of revenue deployed · 83% of spending went to programs
  • Governance: 9 of 10 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $50M in reported program spending
  • Leadership: top reported pay $318K · 18 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $4.9M reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 11 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 35/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • Moderate — Sustainability: Officer compensation ratio scored 43/100.