Lifeserve Blood Center
EIN: 272092557 · Des Moines, IA · NTEE: E61
| Metric | Value |
|---|---|
| Total Revenue | $75.1M |
| Total Expenses | $43.7M |
| Net Assets | $85.4M |
Is Lifeserve Blood Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lifeserve Blood Center
Lifeserve Blood Center (EIN: 272092557) is a nonprofit organization based in Des Moines, IA, classified under NTEE code E61. The organization reported total revenue of $75.1M and total assets of $122.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lifeserve Blood Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lifeserve Blood Center is a major nonprofit that has been operating for 16 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 56.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48.1M |
| Total Expenses | $43.7M |
| Surplus / Deficit | +$4.4M |
| Total Assets | $113.0M |
| Total Liabilities | $27.6M |
| Net Assets | $85.4M |
| Operating Margin | 9.2% |
| Debt-to-Asset Ratio | 24.4% |
| Months of Reserves | 31.0 months |
Financial Health Grade: A
In 2023, Lifeserve Blood Center reported a surplus of $4.4M with revenue exceeding expenses, holds 31.0 months of operating reserves (strong position), has a debt-to-asset ratio of 24.4% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Lifeserve Blood Center's revenue has grown at a compound annual growth rate (CAGR) of 56.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.4% | +5.8% | +39.8% |
| 2022 | -13.6% | +6.0% | +0.2% |
| 2021 | +17.7% | +5.4% | +25.2% |
| 2020 | +25.6% | +5.8% | +30.4% |
| 2019 | -0.9% | +0.0% | +11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lifeserve Blood Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lifeserve Blood Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 24.4%.
Frequently Asked Questions about Lifeserve Blood Center
Is Lifeserve Blood Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Lifeserve Blood Center (EIN: 272092557) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lifeserve Blood Center spend its money?
Detailed spending breakdown data is not yet available for Lifeserve Blood Center. Check back for updated IRS 990 analysis.
Are donations to Lifeserve Blood Center tax-deductible?
Lifeserve Blood Center is registered as a tax-exempt nonprofit (EIN: 272092557). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lifeserve Blood Center located?
Lifeserve Blood Center is headquartered in Des Moines, Iowa and files with the IRS under EIN 272092557. It is classified under NTEE code E61.
How many years of IRS 990 filings does Lifeserve Blood Center have?
Lifeserve Blood Center has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $75.1M in total revenue.
Filing History
IRS 990 filing history for Lifeserve Blood Center showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Lifeserve Blood Center's revenue has grown by 33238.8%, moving from $144K to $48.1M. Total assets increased by 398.1% over the same period, from $22.7M to $113.0M. Total functional expenses rose by 214177.6%, from $20K to $43.7M. In its most recent filing year (2023), Lifeserve Blood Center reported a surplus of $4.4M, with revenue exceeding expenses. The organization holds $27.6M in liabilities against $113.0M in assets (debt-to-asset ratio: 24.4%), resulting in net assets of $85.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48.1M | $43.7M | $113.0M | $27.6M | — | View 990 |
| 2022 | $47.0M | $41.3M | $80.9M | $7.1M | — | — |
| 2021 | $54.4M | $39.0M | $80.7M | $2.7M | — | View 990 |
| 2020 | $46.2M | $37.0M | $64.5M | $6.1M | — | View 990 |
| 2019 | $36.8M | $34.9M | $49.4M | $3.2M | — | View 990 |
| 2018 | $37.2M | $34.9M | $44.3M | $3.7M | — | View 990 |
| 2017 | $37.6M | $35.4M | $43.8M | $3.6M | — | View 990 |
| 2016 | $36.3M | $34.6M | $39.9M | $3.5M | — | View 990 |
| 2015 | $38.4M | $38.3M | $36.1M | $2.6M | — | View 990 |
| 2014 | $42.2M | $39.1M | $37.6M | $2.8M | — | View 990 |
| 2013 | $41.4M | $36.9M | $36.1M | $3.7M | — | View 990 |
| 2012 | $42.0M | $37.7M | $31.8M | $4.5M | — | View 990 |
| 2011 | $32.0M | $31.1M | $27.3M | $5.0M | — | View 990 |
| 2010 | $144K | $20K | $22.7M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48.1M, expenses of $43.7M, and assets of $113.0M (revenue +2.4% year-over-year).
- 2022: Revenue of $47.0M, expenses of $41.3M, and assets of $80.9M (revenue -13.6% year-over-year).
- 2021: Revenue of $54.4M, expenses of $39.0M, and assets of $80.7M (revenue +17.7% year-over-year).
- 2020: Revenue of $46.2M, expenses of $37.0M, and assets of $64.5M (revenue +25.6% year-over-year).
- 2019: Revenue of $36.8M, expenses of $34.9M, and assets of $49.4M (revenue -0.9% year-over-year).
- 2018: Revenue of $37.2M, expenses of $34.9M, and assets of $44.3M (revenue -1.1% year-over-year).
- 2017: Revenue of $37.6M, expenses of $35.4M, and assets of $43.8M (revenue +3.5% year-over-year).
- 2016: Revenue of $36.3M, expenses of $34.6M, and assets of $39.9M (revenue -5.6% year-over-year).
- 2015: Revenue of $38.4M, expenses of $38.3M, and assets of $36.1M (revenue -9.0% year-over-year).
- 2014: Revenue of $42.2M, expenses of $39.1M, and assets of $37.6M (revenue +2.1% year-over-year).
- 2013: Revenue of $41.4M, expenses of $36.9M, and assets of $36.1M (revenue -1.6% year-over-year).
- 2012: Revenue of $42.0M, expenses of $37.7M, and assets of $31.8M (revenue +31.5% year-over-year).
- 2011: Revenue of $32.0M, expenses of $31.1M, and assets of $27.3M (revenue +22038.8% year-over-year).
- 2010: Revenue of $144K, expenses of $20K, and assets of $22.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lifeserve Blood Center:
Data Sources and Methodology
This transparency report for Lifeserve Blood Center is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.