The Blood Project
Nonprofit profile at a glance
- EIN
- 871998781
- IRS 990 coverage
- 2025–2025
- Forms available
- Form 990 2025, Form 990-EZ 2024
- Location
- Acton, MA, USA
- Phone
- 9782634249
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $226,724
- Expenses
- $134,638
- Assets
- $172,066
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
15 people listed
People named in this filing
- WILLIAM AIRD (EXECUTIVE DI)
- SALEH ALQAHTANI (DIRECTOR)
- LAURA BENJAMIN (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization enhances medical knowledge of the blood's foundational role in human health, disease, and therapeutics. The organization is committed to advancing hematological pedagogy to keep pace with the ever- growing body of knowledge and the ways people learn best. Our web-based, expert-curated learning tools cater to multidisciplinary clinicians via an innovative open-access model that cultivates critical thinking and provides conceptual frameworks for organizing an ever-expanding knowledge base. By complementing the traditional rote-memorization approach, we promote a rational, evidence-based, and holistic perspective that broadens users' appreciation of everything blood has to tell us.
What it reported doing in 2025
Provide peer-reviewed online learning resources including quizzes, visualizations, infographics, case studies, videos, and printable pdf study guides. Commission original art and humanities content to promote the development of culturally competent physicians.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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 a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 92
- Accountability: 64
- Sustainability: 72
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.4%; rating input score 59
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 40.6%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 1.28; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 42% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 62.5% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 59.4% of revenue deployed · 100% of spending went to programs
- Governance: 15 of 15 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $135K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 13 of 13 current checks pass
- Schedules: 3 filed schedules · includes major donors
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.