Carter BloodCare
Nonprofit profile at a glance
- EIN
- 751035606
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Bedford, TX, USA
- Phone
- 1-800-366-2834
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Blood Supply Related
Reported finances
- Revenue
- $160,711,753
- Expenses
- $153,750,935
- Assets
- $118,371,243
- Liabilities
- $26,451,252
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
36 people listed
Executive titles in this filing
- MERYLYN SAYERS (CEO)
- BARBARA BRYANT (CEO)
Highest reported compensation
- MERYLYN SAYERS (CEO): $968,162 total reported compensation
- SHANKAR GOUDAR (CIO): $473,929 total reported compensation
- BILLY SMITH (COO): $469,467 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We save lives by making transfusion possible. Carter BloodCare merged with Texoma Regional Blood Center in Sherman, expanding our services in Grayson and Fannin counties to bring lifesaving blood to more Texans. Today Carter BloodCare provides lifesaving transfusion resources to more than 225 medical facilities in over 55 counties throughout North, Central and East Texas. Each year, we provide more than 450,000 units of blood and blood components to meet patients’ treatment requirements. Carter BloodCare’s services include collection, processing, specialized laboratory testing, storage, and distribution of blood and blood components.
What it reported doing in 2024
See Schedule O
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 97
- Accountability: 100
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.1%; rating input score 82
- Program expense ratio: 86.5%; rating input score 86
- Fundraising efficiency: $63.05 raised per $1 spent on fundraising; rating input score 78; 78th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 25th percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4.3%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.77; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 4.2%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 2.7% per year; rating input score 100; 20th percentile among comparable filings
- Revenue growth: 1.4% per year; rating input score 100; 10th percentile among comparable filings
- Asset growth: 1.1% per year; rating input score 100; 11th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 82.1% of revenue deployed · 86.5% of spending went to programs
- Governance: 17 of 17 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $132.9M in reported program spending
- Leadership: top reported pay $968K · 36 people listed · 6 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $16.4M reported
- Consistency: 39 of 41 current checks pass · 2 findings to review
- Schedules: 7 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 19 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.
- Review — Sustainability: Operating margin scored 54/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Sustainability: Officer compensation ratio scored 23/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule D other securities reconciliation did not reconcile in the filed values.