Mission
Solvita aims to bring new hope and healing through the transformative power of donor gifts and innovative approaches in the field of tissue and organ donation. The organization profoundly impacts communities by improving the lives of patients in local hospitals and around the world who need blood and tissue transplants.
Basic Information
Founded in
1964
EIN
31-0684163
Total Assets
$376.8 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
At a Glance
Community Outreach Programs
Educational programs offered to the public about the importance of tissue donation.
Project Sol Array
The initiative to construct a solar array to power a portion of Solvita's operations.
Blood Donation Services
Solvita’s blood services division is now managed by Versiti Blood Center.
Impact Stats
Tissue Grafts Distributed
1 Million Tissue Grafts Distributed
In 2022, Solvita achieved the milestone of distributing 1 million tissue grafts in a single year.
Facility Expansion (sq ft)
Expansion of Kettering Facility
In 2021, Solvita expanded its Kettering, OH location by adding 132,000 sq ft of space including 16 state of the art clean rooms.
Acquisition Year
Acquisition by Versiti
Versiti Blood Center of Ohio acquired Solvita, enhancing its blood services and community impact.
Our Programs
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
71
56
/100
Program Expense Ratio
75.73%
10
/20
Program Revenue Growth
7.05%
16
/20
Leverage Ratio
0.157
16
/20
Working Capital Ratio
1.4
12
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 299K | 0.12% |
| Program Services | 238.6M | 97.85% |
| Investment Income | 2.605M | 1.07% |
| Sales of Non-Inventory Assets | 2.554M | 1.05% |
| Other Notable Sources | -461.9K | -0.19% |
| Total Revenue | 243.8M | 100.00% |