Overview

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Est.

1982

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

LIFENET HEALTH is an organ and tissue bank nonprofit with a mission listed as “SEE SCHEDULE O,” operating at substantial scale in 2024 with an operating budget of $580.4M and total revenue of $598.6M. Its listed top funders include LIFENET FOUNDATION ($491.3K, 2024), American Association of Tissue Banks Inc ($143.3K, 2020), and OLD DOMINION UNIVERSITY RESEARCH FOUNDATION ($25K, 2020); based on the provided figures, no single funder is shown to account for 50% or more of revenue.

Mission Statement

SEE SCHEDULE O
Revenues
$598.6M
Expenses
$580.5M
Net Income:
+$18M
Assets
$650.8M
Liabilities
$249.7M
Net Assets:
+$401.1M
Operating Budget
$580.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$5K
Largest grant received
$45.2K
M
MR Rony Thomas
Board Member
D
DR John Herre
Board Member
D
DR Lee Riley
Board Member
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  • 9 funders
  • 62 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is LIFENET HEALTH’s budget?
In 2024, LIFENET HEALTH reported an annual operating budget of around $580.4 million. More detailed financial information is available to registered users.
What causes does LIFENET HEALTH support?
LIFENET HEALTH supports work in Organ and tissue banks.
Where does LIFENET HEALTH operate?
LIFENET HEALTH is headquartered in Virginia Beach, VA.
Who funded LIFENET HEALTH recently?
In 2024, LIFENET HEALTH received grants from LIFENET FOUNDATION, Enterprise Holdings Foundation, and MARK & KIMBERLEY MILLER CHARITABLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LIFENET HEALTH received in 2024?
The largest grant to LIFENET HEALTH in 2024 exceeds $45 thousand.
What is LIFENET HEALTH’s reliance on government grants?
LIFENET HEALTH relied on government grants for less than 5% of their total revenue in 2024.