Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: TISSUE DISTRIBUTION & PROCESSING

  total $59,543,754 · related or exempt $59,543,754

• 3 · Investment income

  total $26,960 · excluded $26,960

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $598,268 · program services $598,268

• 3 · Grants to foreign organizations and individuals

  total $51,129 · program services $51,129

• 5 · Compensation of officers, directors and key employees

  total $898,973 · program services $337,589 · management and general $561,384

• 7 · Other salaries and wages

  total $2,584,101 · program services $2,227,782 · management and general $356,319

• 8 · Pension plan contributions

  total $216,563 · program services $130,608 · management and general $85,955

• 9 · Other employee benefits

  total $307,179 · program services $252,356 · management and general $54,823

• 10 · Payroll taxes

  total $243,086 · program services $182,314 · management and general $60,772

• 11b · Fees: legal

  total $83,335 · management and general $83,335

• 11c · Fees: accounting

  total $98,604 · management and general $98,604

• 11g · Fees: other

  total $272,165 · program services $131,360 · management and general $140,805

• 12 · Advertising and promotion

  total $61,695 · program services $55,525 · management and general $6,170

• 13 · Office expenses

  total $413,550 · program services $41,355 · management and general $372,195

• 14 · Information technology

  total $494,307 · program services $395,445 · management and general $98,862

• 16 · Occupancy

  total $327,081 · program services $294,373 · management and general $32,708

• 17 · Travel

  total $201,950 · program services $171,657 · management and general $30,293

• 19 · Conferences, conventions and meetings

  total $167,185 · program services $150,466 · management and general $16,719

• 20 · Interest

  total $4,701 · management and general $4,701

• 22 · Depreciation, depletion and amortization

  total $162,092 · program services $123,513 · management and general $38,579

• 23 · Insurance

  total $213,960 · program services $135,993 · management and general $77,967

• 24a · Other expenses: TISSUE RECOVERY, PROCES

  total $50,233,377 · program services $50,233,377

• 24b · Other expenses: CONTRACT LABOR

  total $1,045,898 · program services $1,045,898

• 24c · Other expenses: BANK FEES

  total $510,404 · management and general $510,404

• 24d · Other expenses: RESEARCH & DEVELOPMENT

  total $300,879 · program services $300,879

• 24e · All other expenses

  total $190,033 · management and general $190,033

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,940,989 · end of year $3,385,718

• 4 · Accounts receivable

  beginning of year $7,193,953 · end of year $8,440,524

• 8 · Inventories for sale or use

  beginning of year $2,197,429 · end of year $2,103,767

• 9 · Prepaid expenses and deferred charges

  beginning of year $192,485 · end of year $153,294

• 10a · Land, buildings and equipment: cost or other basis

  $1,324,309

• 10b · Land, buildings and equipment: accumulated depreciation

  $1,050,119

• 10c · Land, buildings and equipment, net

  beginning of year $342,266 · end of year $274,190

• 14 · Intangible assets

  beginning of year $356,193 · end of year $265,625

• 15 · Other assets

  beginning of year $1,114,575 · end of year $934,307

• 17 · Accounts payable and accrued expenses

  beginning of year $4,144,362 · end of year $4,748,840

• 23 · Secured mortgages and notes payable

  beginning of year $208,371 · end of year $185,472

• 25 · Other liabilities

  beginning of year $3,618,843 · end of year $3,366,600

• 27 · Net assets without donor restrictions

  beginning of year $7,366,314 · end of year $7,256,513

The filer's explanations (Part III)

PART I, LINE 7

NON-FIXED PAYMENTS WERE PROVIDED TO THE EXECUTIVES BASED ON GOALS AND OBJECTIVES THAT WERE DETERMINED BY THE BOARD OF DIRECTORS. THESE GOALS AND OBJECTIVES ARE ESTABLISHED ANNUALLY AND ARE FOCUSED ON MEETING THE MISSION OF THE ORGANIZATION, AND FOR 2022, INCLUDED THE FOLLOWING: INCREASED DISTRIBUTION RATES FOR SPECIFIC GRAFTS AND GROWTH OF THE ORGANIZATION MEASURED BY MEETING REVENUE AND NET EARNING TARGETS FOR SPECIFIC GRAFTS. ACHIEVEMENT OF THESE GOALS IS PAID IN THE FOLLOWING YEAR AS A PERCENTAGE OF THEIR RESPECTIVE SALARY AT PERIOD END. POTENTIAL BONUS AWARD DISTRIBUTIONS WERE FACTORED INTO THE DETERMINATION AND ANALYSIS OF WHETHER SUCH INDIVIDUALS' COMPENSATION IS REASONABLE UNDER THE REBUTTABLE PRESUMPTION OF REASONABLENESS PROVISION IN THE TREASURY REGULATIONS.