Siouxland Community Blood Bank

Nonprofit profile at a glance

EIN
420929863
IRS 990 coverage
2010–2011
Forms available
Form 990 2011
Location
Des Moines, IA, USA
Phone
5152880276
Rating confidence
Limited
Sector
Blood Supply Related

Official website

Reported finances

Revenue
$2,876,347
Expenses
$2,279,760
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2011. Amounts in USD.

Leadership & pay

14 people listed

Source: IRS Form 990. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We save lives in partnership with the communities we serve by providing high quality blood products and services.

What it reported doing in 2011

Hospital services department - the hospital services department at siouxland community blood bank houses three specific departments responsible for blood testing, blood component manufacturing, and blood transportation and storage. Those departments are laboratory, component manufacturing & distribution. The laboratory department ensures the safety and quality of all blood and blood products collected by the organization by performing specific laboratory testing functions. In fact, fourteen different tests are performed on each unit of donated blood including specific tests for hepatitis and HIV. In addition to ensuring the safety of the volunteer donated blood, this area also performs other testing such as antigen typing, antibody identification and cross-matching at the request of hospital customers.the component manufacturing department is responsible for manufacturing blood products from donated blood that is used for patient transfusion purposes. Components are manufactured by separating the donated blood into specific products. These products mainly include red blood cells, platelets, and plasma. Since one blood donation can help up to three different patients in need, this department's role is ensuring these component products are available to customers after they have been successfully tested.the distribution department is responsible for the storage, delivery and transportation of all blood and blood components to customers. This area of the organization also serves as the point of contact for most of siouxland community blood bank's hospital customers.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 64
  • Accountability: 68
  • Sustainability: 51
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 59th 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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 72.7%; rating input score 73; 13th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 20.7%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0.4%; rating input score 85; 85th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -122.6% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 8 of 11 board members independent · 5 of 8 filing controls reported
  • Programs: 5 filed program accomplishments · $2M in reported program spending
  • Leadership: top reported pay $186K · 14 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 2 filing years from 2010 to 2011
  • 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.

Key Signals

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

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.