Rocky Mountain Tissue Bank
- Assets
- $623.1k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 10
- Location
- Aurora, CO
- Founding
- 07/1981
- Data as of
- 12/2023
- EIN
- 84-0816038
Organization Overview
Rocky Mountain Tissue Bank is located in Aurora, CO. The organization was established in 1981. According to its NTEE Classification (E65) the organization is classified as: Organ & Tissue Banks, under the broad grouping of Health Care and related organizations. As of 12/2023, Rocky Mountain Tissue Bank employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rocky Mountain Tissue Bank is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Rocky Mountain Tissue Bank generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DISTRIBUTION OF CANCELLOUS (SOFT) VERTEBRAL BONE TISSUE FOR USE IN ORAL RECONSTRUCTIVE SURGERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTION OF CANCELLOUS (SOFT) VERTEBRAL BONE TISSUE FOR USE IN ORAL RECONSTRUCTIVE SURGERY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Spillman President/ceo/treasurer | OfficerTrustee | 50 | $184,150 |
Michael Bauer MD Medical Director | Trustee | 1 | $0 |
O Hilt Tatum DDS Board Member | Trustee | 1 | $0 |
Phil Mathers Vice President | Trustee | 1 | $0 |
Tony Fiorello Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,064,822 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,064,822 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $184,151 |
| Compensation of current officers, directors, key employees. | $64,453 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $172,092 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $38,820 |
| Payroll taxes | $29,000 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,910 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,050 |
| Advertising and promotion | $5,000 |
| Office expenses | $36,131 |
| Information technology | $73,633 |
| Royalties | $0 |
| Occupancy | $74,906 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,690 |
| Interest | $19,268 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $45,064 |
| Insurance | $19,011 |
| All other expenses | $94,837 |
| Total functional expenses | $1,150,862 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,907 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $89,712 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $242,420 |
| Prepaid expenses and deferred charges | $83,571 |
| Net Land, buildings, and equipment | $186,717 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,800 |
| Total assets | $623,127 |
| Accounts payable and accrued expenses | $176,422 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $192,926 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $369,348 |
| Net assets without donor restrictions | $253,779 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $623,127 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nebraska Organ Recovery System Omaha, NE | $22,054,858 | $19,215,831 |
Rocky Mountain Lions Eye Bank Aurora, CO | $16,834,808 | $6,603,895 |
United Tissue Network Inc Phoenix, AZ | $4,597,187 | $4,889,835 |
Rocky Mountain Tissue Bank Aurora, CO | $623,127 | $1,064,822 |
New Mexico Lions Sight Conservation Foundation Inc Belen, NM | $1,869,852 | $836,367 |
Gift Of Life Inc Overland Park, KS | $907,224 | $538,151 |
Transplant Community Alliance Inc Phoenix, AZ | $150,582 | $222,168 |
Wichita Eye Foundation Wichita, KS | $1,594,783 | $32,630 |
Lifelegacy Foundation Tucscon, AZ | $0 | $0 |
Loma Linda Eyes Foundation For Preservation Of Sight Inc Virgin, UT | $301,156 | $13,365 |
Lifeshare Network Inc Oklahoma City, OK | $0 | $0 |
Lifeshare Tissue Services Inc Oklahoma City, OK | $0 | $0 |