American Thrombosis And Hemostasisnetwork Inc
American Thrombosis And Hemostasisnetwork consistently directs 75% of spending to programs with zero reported officer compensation.
EIN: 205244339 · Hickory, NC · NTEE: H99 · Updated: 2026-03-28
Is American Thrombosis And Hemostasisnetwork Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Thrombosis And Hemostasisnetwork Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Thrombosis And Hemostasisnetwork Inc
American Thrombosis And Hemostasisnetwork Inc (EIN: 205244339) is a nonprofit organization based in Hickory, NC, classified under NTEE code H99. The organization reported total revenue of $18.8M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Thrombosis And Hemostasisnetwork Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Thrombosis And Hemostasisnetwork Inc is a large nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.6M |
| Total Expenses | $16.4M |
| Surplus / Deficit | $-2,859,722 |
| Total Assets | $5.4M |
| Total Liabilities | $808K |
| Net Assets | $4.6M |
| Operating Margin | -21.1% |
| Debt-to-Asset Ratio | 14.9% |
| Months of Reserves | 4.0 months |
Financial Health Grade: B
In 2023, American Thrombosis And Hemostasisnetwork Inc reported a deficit of $2.9M with expenses exceeding revenue, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 14.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Thrombosis And Hemostasisnetwork Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.2% | +13.1% | -35.1% |
| 2022 | +1.7% | +7.2% | -17.7% |
| 2021 | +4.1% | +3.0% | -1.5% |
| 2020 | +5.9% | +5.2% | -0.4% |
| 2019 | +3.8% | +7.9% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Thrombosis And Hemostasisnetwork Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, American Thrombosis And Hemostasisnetwork Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization with annual revenues exceeding $13 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of American Thrombosis And Hemostasisnetwork Inc's IRS 990 filings:
- Expenses have slightly exceeded revenue in recent years (e.g., $16,433,621 expenses vs. $13,573,899 revenue in 2023), leading to operating deficits.
- Assets have declined from a peak of over $10 million in 2019-2021 to $5,433,549 in 2023, which warrants monitoring.
Strengths
The following positive indicators were identified for American Thrombosis And Hemostasisnetwork Inc:
- Consistently high program spending ratio (approximately 75% in 2023) indicates strong mission focus.
- Reports 0% officer compensation across all filings, demonstrating exceptional transparency and dedication to mission.
- Steady revenue growth over the past decade, from $7,913,386 in 2014 to $13,573,899 in 2023.
- Relatively low liabilities compared to assets, indicating good financial management.
- Maintains a healthy asset base, providing financial stability despite recent operating deficits.
Frequently Asked Questions about American Thrombosis And Hemostasisnetwork Inc
Is American Thrombosis And Hemostasisnetwork Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Thrombosis And Hemostasisnetwork Inc (EIN: 205244339) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does American Thrombosis And Hemostasisnetwork Inc spend its money?
American Thrombosis And Hemostasisnetwork Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Thrombosis And Hemostasisnetwork Inc tax-deductible?
American Thrombosis And Hemostasisnetwork Inc is registered as a tax-exempt nonprofit (EIN: 205244339). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is American Thrombosis And Hemostasisnetwork Inc a good charity?
Based on its financial data, American Thrombosis And Hemostasisnetwork Inc appears to be a good charity. It consistently allocates a high percentage of its expenses (around 75% in 2023) to program services and reports 0% officer compensation, demonstrating a strong commitment to its mission and efficient use of funds.
How has the organization's financial health changed over the last few years?
The organization has seen consistent revenue growth over the past decade. While assets peaked around $10 million in 2019-2021 and have since decreased to $5,433,549 in 2023, liabilities have remained relatively low. Expenses have slightly exceeded revenue in recent years, leading to minor operating deficits, but the overall financial health remains stable due to its asset base.
What is the organization's approach to executive compensation?
American Thrombosis And Hemostasisnetwork Inc reports 0% officer compensation in all available IRS 990 filings. This indicates an extremely lean approach to executive pay, with all funds seemingly directed towards operational and program expenses.
Filing History
IRS 990 filing history for American Thrombosis And Hemostasisnetwork Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Thrombosis And Hemostasisnetwork Inc's revenue has grown by 601%, moving from $1.9M to $13.6M. Total assets decreased by 0.7% over the same period, from $5.5M to $5.4M. Total functional expenses rose by 404.9%, from $3.3M to $16.4M. In its most recent filing year (2023), American Thrombosis And Hemostasisnetwork Inc reported a deficit of $2.9M, with expenses exceeding revenue. The organization holds $808K in liabilities against $5.4M in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.6M | $16.4M | $5.4M | $808K | — | — |
| 2022 | $13.6M | $14.5M | $8.4M | $3.1M | — | View 990 |
| 2021 | $13.4M | $13.6M | $10.2M | $3.3M | — | View 990 |
| 2020 | $12.8M | $13.2M | $10.3M | $4.1M | — | — |
| 2019 | $12.1M | $12.5M | $10.4M | $4.2M | — | View 990 |
| 2018 | $11.7M | $11.6M | $10.5M | $4.6M | — | View 990 |
| 2017 | $10.7M | $10.9M | $8.9M | $2.8M | — | View 990 |
| 2016 | $10.6M | $10.6M | $8.5M | $2.5M | — | View 990 |
| 2015 | $9.6M | $8.7M | $7.1M | $1.2M | — | View 990 |
| 2014 | $7.9M | $9.0M | $5.8M | $781K | — | View 990 |
| 2013 | $8.1M | $6.8M | $6.9M | $869K | — | View 990 |
| 2012 | $6.8M | $6.8M | $5.4M | $676K | — | View 990 |
| 2011 | $1.9M | $3.3M | $5.5M | $625K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.6M, expenses of $16.4M, and assets of $5.4M (revenue -0.2% year-over-year).
- 2022: Revenue of $13.6M, expenses of $14.5M, and assets of $8.4M (revenue +1.7% year-over-year).
- 2021: Revenue of $13.4M, expenses of $13.6M, and assets of $10.2M (revenue +4.1% year-over-year).
- 2020: Revenue of $12.8M, expenses of $13.2M, and assets of $10.3M (revenue +5.9% year-over-year).
- 2019: Revenue of $12.1M, expenses of $12.5M, and assets of $10.4M (revenue +3.8% year-over-year).
- 2018: Revenue of $11.7M, expenses of $11.6M, and assets of $10.5M (revenue +9.1% year-over-year).
- 2017: Revenue of $10.7M, expenses of $10.9M, and assets of $8.9M (revenue +1.3% year-over-year).
- 2016: Revenue of $10.6M, expenses of $10.6M, and assets of $8.5M (revenue +10.4% year-over-year).
- 2015: Revenue of $9.6M, expenses of $8.7M, and assets of $7.1M (revenue +21.0% year-over-year).
- 2014: Revenue of $7.9M, expenses of $9.0M, and assets of $5.8M (revenue -2.3% year-over-year).
- 2013: Revenue of $8.1M, expenses of $6.8M, and assets of $6.9M (revenue +20.0% year-over-year).
- 2012: Revenue of $6.8M, expenses of $6.8M, and assets of $5.4M (revenue +248.7% year-over-year).
- 2011: Revenue of $1.9M, expenses of $3.3M, and assets of $5.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Thrombosis And Hemostasisnetwork Inc:
Data Sources and Methodology
This transparency report for American Thrombosis And Hemostasisnetwork Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.