Hemophilia Services Consortium Inc
Nonprofit profile at a glance
- EIN
- 133875950
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 2125856489
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $20,009,588
- Expenses
- $20,009,588
- Assets
- $6,903,776
- Liabilities
- $6,779,365
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- Mariam Voutsis (Director / President)
People named in this filing
- Colin Lahiff (Director/ VP)
- Kevin Curtin (Director / VP)
- Linda Mugford (Director / Secretary)
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
To enhance affordable care to people with hemophilia and other bleeding disorders in the New York metropolitan area by helping to ensure an available supply of blood-clotting concentrates and other medications for the treatment of hemophilia and other blood clotting disorders through the purchasing and dispensing, on a cooperative, centralized basis, of such medications to its patron hospitals, and providing other services permitted to be provided by corporations exempt from taxation under sections 501(e) and 501(c)(3) of the code.
What it reported doing in 2024
To enhance affordable care to people with hemophilia and other bleeding disorders in the New York metropolitan area by helping to ensure an available supply of blood-clotting concentrates and other medications for the treatment of hemophilia and other blood clotting disorders.
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
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: 88
- Transparency & Controls: 100
- Accountability: 94
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.7%; rating input score 99
- Program expense ratio: 98.7%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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; 66th percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- 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: 0%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.35; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.98; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings
Growth
- Program expense growth: 2.3% per year; rating input score 100; 21st percentile among comparable filings
- Revenue growth: 2.6% per year; rating input score 100; 22nd percentile among comparable filings
- Asset growth: 9.3% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 98.7% of revenue deployed · 98.7% of spending went to programs
- Governance: 15 of 15 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $19.7M in reported program spending
- Leadership: top reported pay $0 · 16 people listed
- Highest-paid contractors: 1 contractor listed · $114K reported
- Consistency: 18 of 18 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- 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 — Sustainability: Operating margin scored 31/100.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- Review — Accountability: Governance controls: Whistleblower policy not reported.
- High — Sustainability: Liabilities to assets ratio scored 7/100.