Public Charity

LIFEBANC

Based in CLEVELAND, OH, LIFEBANC operates as a Public Charity. The organization reported $39.2M in revenue, $39.4M in expenses, $56.1M in total assets for fiscal year 2024. Imperigo tracks 22 reported grant relationships connected to this organization totaling approximately $1.5M.

EIN: 341525159 CLEVELAND, OH Latest filing: 2024
Total Revenue$39.2M
Total Expenses$39.4M
Total Assets$56.1M
Grant Records22
Funding Total$1.5M
Filing Years2019–2024

Mission

MISSION: LIFEBANC SAVES AND HEALS LIVES.VISION: PURSUING A FUTURE WHERE ORGAN, EYE AND TISSUE DONATION IS EMBRACED AS AN HONOR AND A PERSONAL RESPONSIBILITY.VALUES: SERVICE, TEAMWORK, INTEGRITY, COMMITMENT, INNOVATION, QUALITY.

Where $100 goes at Lifebanc

How Lifebanc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$88 Programs the work itself
$11 Management running the organization
$1 Fundraising raising the next dollar

Inside the $88 for programs

$87
Since 1986, Lifebanc has been the northeast ohio nonprofit organization working to save and heal lives through organ and tissue donation
99% of program spending · Reported in the filing: 924 gifts of tissue; 561 people; 2,500 families
$1
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…
1% of program spending · Reported in the filing: 100,000 students
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
ORGANIZATION DISTRIBUTION
$233,385
2024
For grant recipient's exempt purposes
$20,800
2024
GENERAL SUPPORT
$13,535
2023
GENERAL SUPPORT IN RESPONSE TO THE FUNDRAISING EFFORTS OF THE HAZEL JOY MEMORIAL GOLF OUTING AT THE BUNKER HILL GOLF CLUB
$582,399
2023
For grant recipient's exempt purposes
$109,700

Showing up to 5 of 22 total records — full history available with membership.

Officers & Directors

PRESIDENT Alan Papa
SENIOR DIRECTOR OF FINANCE Barbara Drobney
BOARD MEMBER Candice Monroe
BOARD MEMBER Cheryl Bailey
BOARD MEMBER Chris Shay-Downer
BOARD MEMBER Colleen Murnane

Officer compensation and complete director data available with membership.

Top Grant Purposes

Fundraising & Sponsorship
$582,399 1 grant
General Support
$238,278 11 grants
Health & Medicine
$107,450 6 grants
Human & Social Services
$10,000 1 grant
Unspecified
$562,135 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $39.2M $39.4M $56.1M
2023 $79.3M $76.7M $60.5M
2022 $62.3M $60.5M $51.7M
2020 $51.0M $46.8M $44.6M
2019 $43.0M $40.2M $39.7M

Between 2019 and 2024, reported annual revenue declined from $43.0M to $39.2M (-9%), with total assets most recently reported at $56.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for LIFEBANC

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