American Society of Hematology Inc
Nonprofit profile at a glance
- EIN
- 237080568
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Washington, DC, USA
- Phone
- 2027760544
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Heart and Circulatory System Diseases, Disorders
Reported finances
- Revenue
- $112,402,449
- Expenses
- $116,209,986
- Assets
- $392,345,291
- Liabilities
- $107,398,577
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
29 people listed
Executive titles in this filing
- BELINDA AVALOS MD - VP (UNTIL 12/24, PRESIDENT)
- MOHANDAS NARLA MD - PRES-ELECT (UNTIL 12/24, PRESIDENT)
- ROBERT NEGRIN MD - PRESIDENT (UNTIL 12/24, PRESIDENT-ELECT)
- MARTHA LIGGETT (EXECUTIVE DIRECTOR)
- MATTHEW GERTZOG (DEPUTY EXECUTIVE DIRECTOR)
Highest reported compensation
- MARTHA LIGGETT (EXECUTIVE DIRECTOR): $1,138,299 total reported compensation
- MATTHEW GERTZOG (DEPUTY EXECUTIVE DIRECTOR): $744,060 total reported compensation
- WILLIAM REED (CHIEF EVENT STRATEGY OFFICER): $593,077 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The world's largest professional organization of blood specialists, ash aims to further the understanding, diagnosis, treatment, and prevention of disorders affecting the blood, bone marrow, and the immunologic, hemostatic and vascular systems, by promoting research, clinical care, education, training, and advocacy in hematology.
What it reported doing in 2024
Annual meeting: provided a forum for the discussion of critical issues in hematology via educational and scientific sessions, plenary symposia, and abstract presentations. Supported trainees and those from developing countries who have submitted abstracts for presentation.
Operating model
- Revenue model
- Earned-program. 71% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 83% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 88
- Accountability: 95
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.8%; rating input score 84
- Program expense ratio: 80.2%; rating input score 80
- Fundraising efficiency: $17.98 raised per $1 spent on fundraising; rating input score 55; 55th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: 4 of 8 controls in place; rating input score 50
- Claims monitoring procedures: Pass
- Requires narrative reports: Pass
- Conducts field audits: Pass
- May suspend future funding: Limited
- Requires financial reports: Pass
- Conducts site visits: Limited
- Requires grant agreements: Limited
- May require repayment: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -3.4%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 3.38; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0.27; rating input score 59; 59th percentile among comparable filings
- Officer compensation ratio: 3.7%; rating input score 28; 28th percentile among comparable filings
Growth
- Program expense growth: 7.8% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 7.7% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: 5.8% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 83.8% of revenue deployed · 80.2% of spending went to programs
- Governance: 13 of 13 board members independent · 8 of 9 filing controls reported
- Programs: 5 filed program accomplishments · $93.2M in reported program spending
- Leadership: top reported pay $1.1M · 29 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $27.2M reported
- Consistency: 43 of 43 current checks pass
- Schedules: 10 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- Related organizations: 3 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Fundraising efficiency scored 55/100.
- High — Sustainability: Operating margin scored 16/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Officer compensation ratio scored 28/100.
- Review — Sustainability: Liabilities to assets ratio scored 59/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.