Is Bristol Myers Squibb Company Long Term…

Quick charity verification for Bristol Myers Squibb Company Long Term Disability Income Plan & Tr (EIN: 132976142)

Spending Breakdown

How Bristol Myers Squibb Company Long Term Disability Income Plan & Tr allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Bristol Myers Squibb Company Long Term Disability Income Plan & Tr

Is Bristol Myers Squibb Company Long Term Disability Income Plan & Tr a legitimate charity?

Based on AI analysis of IRS 990 filings, Bristol Myers Squibb Company Long Term Disability Income Plan & Tr (EIN: 132976142) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Bristol Myers Squibb Company Long Term Disability Income Plan & Tr a good charity to donate to?

Bristol Myers Squibb Company Long Term Disability Income Plan & Tr has a Mission Score of 90/100. Revenue: $18.3M. Assets: $31.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Bristol Myers Squibb Company Long Term Disability Income Plan & Tr?

The Employer Identification Number (EIN) for Bristol Myers Squibb Company Long Term Disability Income Plan & Tr is 132976142. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Bristol Myers Squibb Company Long Term Disability Income Plan & Tr spend its money?

Bristol Myers Squibb Company Long Term Disability Income Plan & Tr allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Bristol Myers Squibb Company Long Term Disability Income Plan & Tr's tax-exempt status?

You can verify Bristol Myers Squibb Company Long Term Disability Income Plan & Tr's tax-exempt status using EIN 132976142 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Bristol Myers Squibb Company Long Term Disability Income Plan & Tr appears to be a well-managed entity, consistently maintaining substantial assets to cover its liabilities. Over the past decade, its assets have fluctuated, peaking at $44,000,769 in 2017 and currently standing at $31,910,404 as of 2020. Liabilities have remained consistently low, ranging from $41,211 to $102,071, indicating a strong financial position relative to its obligations. The organization's revenue has shown variability, with a notable increase to $18,301,367 in the latest period, following several years where expenses often exceeded revenue, such as in 2020 where expenses were $9,416,594 against revenue of $3,970,770. This suggests that the plan is drawing on its asset base to fulfill its purpose, which is typical for a long-term disability income plan.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, as the provided data only includes total expenses. However, the consistent expenditure levels, generally around $9-10 million annually, suggest a stable operational cost structure. The absence of officer compensation reported across all filings indicates a lean administrative overhead in terms of executive salaries, which is a positive sign for efficiency. The primary function of such a plan is to disburse benefits, and the consistent expense levels likely reflect these benefit payments.

Transparency appears to be high given the consistent filing of IRS Form 990s over a decade, providing a clear historical financial record. The lack of reported officer compensation also contributes to a perception of transparency regarding how funds are allocated. While specific program spending ratios are not available, the nature of the organization as a disability income plan implies that the vast majority of its expenses would directly relate to its mission of providing long-term disability income, rather than fundraising or excessive administrative costs.

Is Bristol Myers Squibb Company Long Term Disability Income Plan & Tr Legit?

Verdict: Bristol Myers Squibb Company Long Term Disability Income Plan & Tr appears trustworthy

Red Flags

Strengths