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New England Organ Bank

Waltham, MA · EIN 23-7024479 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

New England Organ Bank reported $99.4 million in revenue and $89.6 million in expenses for calendar year 2024. Of every $100 it spent, $83.16 went to program services, $16.84 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.2% of the total. The highest compensation it reported for one person was $751,068 (PRESIDENT & CEO). Revenue rose 70% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $90M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $99M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 2,433 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
83.2%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
16.8%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.8%
Program service revenue share
Part VIII 2g ÷ 12
98.2%58.9%
Highest reported compensation
Part VII-A, columns D–F
$751,068$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.84%1.38%
People paid over $100,000
Part VII, line 2
06
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
10.46.8
Independent voting board members
Part VI 1a–1b
14 of 15100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$74M expenses · 100.0% of program spending · revenue $98M

The organ donation services program at New England Organ Bank, inc. Is designed to effectively coordinate and maximize the donation of organs for transplant in New England Organ Bank, inc's designated service area. In order to fulfill this core mission as an organ procurement organization, coordinators are available 24 hours a day to respond onsite at hospitals within New England Organ Bank, inc. Service area when a potential organ donor has been referred and identified. This includes evaluating every potential organ donor's suitability for organ donation, obtaining authorization from, or…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Officer, 5.0 hrs/week
$0$690,268$60,800$751,068
CHIEF FINANCIAL OFFICER
Officer, 5.0 hrs/week
$0$412,272$46,893$459,165

0 people received more than $100,000 in reportable compensation from New England Organ Bank (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$99M$90M83.2%$78M$751,068
2023 ⓘ$94M$87M84.9%$66M$725,418
2022 ⓘ$100M$93M87.1%$57M$693,683
2021 ⓘ$84M$78M85.8%$53M$679,943
2020 ⓘ$61M$60M86.8%$39M$659,230
2019 ⓘ$59M$54M85.3%$38M$554,529

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 14 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 61,000

Private foundation grants it received

2 private foundations reported grants to New England Organ Bank totaling $620 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from New England Organ Bank's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for New England Organ Bank, you can publish a response that is linked from this page.

Questions people ask

How much of New England Organ Bank's spending goes to programs?

In calendar year 2024, New England Organ Bank reported that 83.2% of its $89.6 million in expenses went to program services, 16.8% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does New England Organ Bank pay its top executive?

The largest total compensation New England Organ Bank reported for one person in calendar year 2024 was $751,068, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does New England Organ Bank get its money?

Of $99.4 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 98.2% from program service revenue (Form 990, Part VIII).

Is New England Organ Bank a registered charity?

The IRS lists EIN 23-7024479 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503009349300520 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443169349301739 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313119349303711 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203139349303105 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133199349312713 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023179349309602 · read the filing

All filings for EIN 23-7024479: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.