Quick charity verification for Western New York Bloodcare Inc (EIN: 160965865)
Verdict: Western New York Bloodcare Inc appears trustworthy
85/100Mission Score
$42.7MRevenue
$27.4MAssets
2Red Flags
3Strengths
Red Flags
Significant deficit in 2023 ($4.85 million) after years of positive net income.
Consistent reporting of 0% officer compensation for a large organization, which may obscure actual executive pay practices.
Strengths
Consistent revenue growth over the past decade, from $14,047,921 in 2014 to $37,381,010 in 2023.
Strong asset base ($30,311,803 in 2023) significantly exceeding liabilities, indicating financial stability.
Healthy solvency with assets consistently much higher than liabilities.
Spending Breakdown
How Western New York Bloodcare Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Western New York Bloodcare Inc
Is Western New York Bloodcare Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Western New York Bloodcare Inc (EIN: 160965865) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Western New York Bloodcare Inc a good charity to donate to?
Western New York Bloodcare Inc has a Mission Score of 85/100. Revenue: $42.7M. Assets: $27.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Western New York Bloodcare Inc?
The Employer Identification Number (EIN) for Western New York Bloodcare Inc is 160965865. 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 Western New York Bloodcare Inc spend its money?
Western New York Bloodcare Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Western New York Bloodcare Inc's tax-exempt status?
You can verify Western New York Bloodcare Inc's tax-exempt status using EIN 160965865 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
Western New York Bloodcare Inc demonstrates a generally stable financial position with consistent revenue growth over the past decade, reaching $37,381,010 in 2023. While the organization experienced a deficit in 2023, with expenses exceeding revenue by approximately $4.85 million, this follows several years of positive net income. The organization maintains healthy asset levels, with $30,311,803 in assets against $3,385,646 in liabilities in 2023, indicating strong solvency. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is not reported in a way that is easily identifiable as 'officer compensation' on the 990, which warrants further investigation for a complete picture.