Florida Tissue Services Inc
- Assets
- $131.8k
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Pensacola, FL
- Founding
- 04/2001
- Data as of
- 12/2023
- EIN
- 59-3605624
Organization Overview
Florida Tissue Services Inc is located in Pensacola, FL. The organization was established in 2001. According to its NTEE Classification (E65) the organization is classified as: Organ & Tissue Banks, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Tissue Services Inc 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, Florida Tissue Services Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $5.9m during the year ending 12/2023. While expenses have increased by 12.0% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
FLORIDA TISSUE SERVICES, A NON-PROFIT ORGANIZATION FOUNDED IN 1999, WORKS WITH HOSPITALS AND MEDICAL EXAMINER OFFICES TO OFFER THE DONATION OPTION TO FAMILIES AND RECOVER TISSUE USED IN TRANSPLANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Rony Thomas Chairman | 2 | $0 | |
Mr Douglas Wilson Director | 2 | $0 | |
Mr Thomas Buersmeyer Director | 2 | $0 | |
Mr J Philip Jones Secretary/cfo | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,625 |
| Interest on Savings | $4,185 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,944,973 |
| Total Revenue | $2,958,783 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $2,917,531 |
| Pension plans, employee benefits | $528,526 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $29,348 |
| Occupancy | $250,798 |
| Travel, conferences, and meetings | $163,131 |
| Printing and publications | $5,525 |
| Other expenses | $1,967,656 |
| Total operating and administrative expenses | $5,940,341 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $5,940,341 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,244 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $124,523 |
| Other assets | $0 |
| Total assets | $131,767 |
| Accounts payable and accrued expenses | $15,256,972 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,256,972 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Regenerative Biologics Inc Gainesville, FL | $25,624,533 | $20,410,687 |
Advancing Sight Network Birmingham, AL | $17,064,797 | $13,551,297 |
Florida Tissue Services Inc Pensacola, FL | $131,767 | $2,958,783 |
Florida Lions Eye Bank Inc Miami, FL | $19,559,496 | $4,260,143 |
Leading Ladies Inc Miami, FL | $23,068 | $0 |
Georgia Extension 4-H Foundation Griffin, GA | $86,184 | $0 |
Multicultural Miracle Donor Foundation Fort Lauderdale, FL | $6,442 | $0 |