Blood Research Institute Inc
Overview
Mission
Owning and leasing real estate and other property in connection with and for the benefit of the Children's Hospital Corporation.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
Nonprofit profile at a glance
- EIN
- 043136318
- IRS 990 coverage
- 2009–2023
- Forms available
- Form 990 2023
- Headquarters
- Boston, MA, USA
- Phone
- 6177138000
- Rating confidence
- Limited
The verdict
- This form does not report enough financial and governance detail to rate the organization. That is normal for this form and is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 60
- Accountability: 28
- Sustainability: 11
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 25%; rating input score 25; 18th percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -100%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 2.43; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: -31.5% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: -25.7% per year; rating input score 0; 17th percentile among comparable filings
- Asset growth: -7% per year; rating input score 0; 17th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 1 of 4 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $3.2M · 6 people listed · 0 of 6 pay-setting controls reported
- Consistency: 13 of 13 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 15 annual filings from 2009 to 2023
- Contacts: How to reach this organization
- Related organizations: 7 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
6 people listed
Highest reported compensation
- Kevin Churchwell MD (President & Trustee): $3,197,892 total reported compensation
- Douglas Vanderslice (Treasurer & Trustee): $1,684,195 total reported compensation
- Michele Garvin Esq (Clerk & Trustee (END 10/16/23)): $1,254,786 total reported compensation
Source: IRS Form 990. Selected filing: FY2023.