East Central Oklahoma Blood Institute

Nonprofit profile at a glance

EIN
030389332
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Ada, OK, USA
Phone
8778295500
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Blood Supply Related

Reported finances

Revenue
$30,785
Expenses
$10,886
Assets
$970,149
Liabilities
$45,426

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Judy G Parker (Board President)

People named in this filing

  • Anne Davis (Secretary)
  • Judy G Parker (Board President)
  • Alicson Scott (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The East Central Oklahoma Blood Institute ("ECOBI") is a non-profit Oklahoma corporation whose purposes include (1) the support of the operation and maintenance of a community blood center, and (2) conducting educational and research programs related to and in support of such community blood center. The community blood center supported by ECOBI is the Ada location of the Oklahoma Blood institute (OBI), a 501(c)(3) organization whose determination letter is attached hereto. Support of the operation and maintenance of the community blood center will occur through (1) financial support (fund raising, grant application) and (2) the "physical" activities of Board members including, but not limited to, encouraging local businesses to hold blood drives, cultivating local contacts to lend support to the mission of the blood center through word-of-mouth awareness, monetary support, blood drive support, or such other actions as may be initiated by Board members from time to time.

What it reported doing in 2024

Support of the operation and maintenance of the community blood center through (1) financial support (fund raising, grant application) and (2) the "physical" activities of board members including, but not limited to, encouraging local businesses to hold blood drives, cultivating local contacts to lend support to the mission of the blood center through word-of-mouth awareness, monetary support, blood drive support, or such other actions as may be initiated by board members from time to time.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 100
  • Accountability: 100
  • Sustainability: 81
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 35.5%; rating input score 35
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 64.6%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 89.12; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 22; 22nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 35.5% of revenue deployed · 100% of spending went to programs
  • Governance: 6 of 6 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $11K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 4 filed schedules
  • Contacts: How to reach this organization
  • Related organizations: 6 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
  • High — Sustainability: Liabilities to assets ratio scored 22/100.