NFP500

#309 of 500 · Human Services & Advocacy

Creative Testing Solutions

EIN 27-1120123 · AZ · NTEE M99 · Form 990, fiscal 2023

The largest nonprofit blood-donor testing laboratory organization in the United States. Owned by leading U.S. blood providers including the American Red Cross, OneBlood, and Vitalant, it performs FDA-mandated infectious-disease and other testing on blood and plasma donations to help ensure the safety of the nation's blood supply, testing more than 22 million donations annually across labs in several states.

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Financials, fiscal 2023

Revenue
$493.5M
Expenses
$431.2M
Total assets
$257.2M
Net assets
$157.7M
Operating margin
12.6%
1-year growth
12.5%
5-year growth (CAGR)
4.8%
Reserve (years of spending)
4.4
Contributions share
n/a
Programme spending
99.9%
Fundraising cost
n/a
Executive pay share
1.13%
Employees
1,404
Revenue per employee
$352K
Grants paid
n/a
Years filing
12

NFP Health Score: 77 / 100

Financial 58 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To provide exceptional customized laboratory testing services to support the hospitals and other healthcare organizations with their life saving missions.

Revenue history

YearRevenue
2019$409.5M
2020$405.7M
2021$369.1M
2022$438.8M
2023$493.5M