Bristol Myers Squibb Company Long Term Disability Income Plan & Tr
Bristol Myers Squibb Disability Plan maintains substantial assets despite fluctuating revenues and consistent benefit payouts.
EIN: 132976142 · Chicago, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $18.3M |
| Total Expenses | $9.4M |
| Program Spending | 95% |
| Net Assets | $31.9M |
| Transparency Score | 90/100 |
Is Bristol Myers Squibb Company Long Term Disability Income Plan & Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bristol Myers Squibb Company Long Term Disability Income Plan & Tr directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bristol Myers Squibb Company Long Term Disability Income Plan & Tr
Bristol Myers Squibb Company Long Term Disability Income Plan & Tr (EIN: 132976142) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $18.3M and total assets of $31.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bristol Myers Squibb Company Long Term Disability Income Plan & Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bristol Myers Squibb Company Long Term Disability Income Plan & Tr is a large nonprofit that has been operating for 47 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -12.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $9.4M |
| Surplus / Deficit | $-5,445,824 |
| Total Assets | $31.9M |
| Total Liabilities | $41K |
| Net Assets | $31.9M |
| Operating Margin | -137.1% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 40.7 months |
Financial Health Grade: B
In 2020, Bristol Myers Squibb Company Long Term Disability Income Plan & Tr reported a deficit of $5.4M with expenses exceeding revenue, holds 40.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2020), Bristol Myers Squibb Company Long Term Disability Income Plan & Tr's revenue has declined at a compound annual growth rate (CAGR) of -12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +61.5% | -6.3% | -10.5% |
| 2019 | -70.0% | +7.7% | -6.3% |
| 2018 | -5.8% | -2.1% | -13.5% |
| 2017 | -1.5% | +13.0% | +2.5% |
| 2016 | -17.7% | -9.0% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Bristol Myers Squibb Company Long Term Disability Income Plan & Tr 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Bristol Myers Squibb Company Long Term Disability Income Plan & Tr allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive compensation from the plan, which is highly favorable for financial efficiency and resource allocation.
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 Bristol Myers Squibb Company Long Term Disability Income Plan & Tr's IRS 990 filings:
- Consistent negative net income in several recent years (e.g., 2020, 2019, 2018, 2017) where expenses exceeded revenue, indicating reliance on asset drawdowns.
Strengths
The following positive indicators were identified for Bristol Myers Squibb Company Long Term Disability Income Plan & Tr:
- Very low liabilities relative to assets, indicating strong financial health (e.g., $41,211 liabilities vs. $31,910,404 assets in 2020).
- No reported officer compensation, suggesting highly efficient administrative costs.
- Consistent filing of IRS Form 990s over a decade, demonstrating good transparency.
- Substantial asset base maintained over time to support long-term disability obligations.
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?
Bristol Myers Squibb Company Long Term Disability Income Plan & Tr (EIN: 132976142) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $18.3M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
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 directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Bristol Myers Squibb Company Long Term Disability Income Plan & Tr tax-deductible?
Bristol Myers Squibb Company Long Term Disability Income Plan & Tr is registered as a tax-exempt nonprofit (EIN: 132976142). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bristol Myers Squibb Company Long Term Disability Income Plan & Tr located?
Bristol Myers Squibb Company Long Term Disability Income Plan & Tr is headquartered in Chicago, Illinois and files with the IRS under EIN 132976142.
How many years of IRS 990 filings does Bristol Myers Squibb Company Long Term Disability Income Plan & Tr have?
Bristol Myers Squibb Company Long Term Disability Income Plan & Tr has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $18.3M in total revenue.
Is the Bristol Myers Squibb Company Long Term Disability Income Plan & Tr financially stable?
Yes, the plan appears financially stable, consistently holding significant assets (e.g., $31,910,404 in 2020) and very low liabilities (e.g., $41,211 in 2020), indicating a strong ability to meet its obligations.
How has the plan's revenue trended over the past decade?
Revenue has fluctuated significantly, ranging from a low of $2,459,261 in 2019 to a high of $13,452,340 in 2011, with the latest reported revenue at $18,301,367, showing considerable variability.
Are there any concerns about executive compensation?
No, there are no concerns about executive compensation as all filings report 0% officer compensation, suggesting a highly efficient use of funds without high executive salaries.
Does the plan consistently spend more than it earns in a given year?
In several recent years, such as 2020 ($3,970,770 revenue vs. $9,416,594 expenses) and 2019 ($2,459,261 revenue vs. $10,051,301 expenses), expenses have exceeded revenue. This is not uncommon for a trust fund that draws from its asset base to pay benefits.
Filing History
IRS 990 filing history for Bristol Myers Squibb Company Long Term Disability Income Plan & Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Bristol Myers Squibb Company Long Term Disability Income Plan & Tr's revenue has declined by 70.5%, moving from $13.5M to $4.0M. Total assets decreased by 2.6% over the same period, from $32.8M to $31.9M. Total functional expenses fell by 13.2%, from $10.9M to $9.4M. In its most recent filing year (2020), Bristol Myers Squibb Company Long Term Disability Income Plan & Tr reported a deficit of $5.4M, with expenses exceeding revenue. The organization holds $41K in liabilities against $31.9M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $31.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $4.0M | $9.4M | $31.9M | $41K | — | — |
| 2019 | $2.5M | $10.1M | $35.7M | $90K | — | View 990 |
| 2018 | $8.2M | $9.3M | $38.1M | $90K | — | View 990 |
| 2017 | $8.7M | $9.5M | $44.0M | $99K | — | View 990 |
| 2016 | $8.8M | $8.4M | $42.9M | $102K | — | View 990 |
| 2015 | $10.7M | $9.3M | $42.7M | $91K | — | View 990 |
| 2014 | $12.3M | $10.2M | $43.8M | $72K | — | View 990 |
| 2013 | $12.5M | $10.5M | $43.0M | $91K | — | View 990 |
| 2012 | $12.9M | $9.6M | $37.2M | $64K | — | View 990 |
| 2011 | $13.5M | $10.9M | $32.8M | $50K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $4.0M, expenses of $9.4M, and assets of $31.9M (revenue +61.5% year-over-year).
- 2019: Revenue of $2.5M, expenses of $10.1M, and assets of $35.7M (revenue -70.0% year-over-year).
- 2018: Revenue of $8.2M, expenses of $9.3M, and assets of $38.1M (revenue -5.8% year-over-year).
- 2017: Revenue of $8.7M, expenses of $9.5M, and assets of $44.0M (revenue -1.5% year-over-year).
- 2016: Revenue of $8.8M, expenses of $8.4M, and assets of $42.9M (revenue -17.7% year-over-year).
- 2015: Revenue of $10.7M, expenses of $9.3M, and assets of $42.7M (revenue -12.8% year-over-year).
- 2014: Revenue of $12.3M, expenses of $10.2M, and assets of $43.8M (revenue -1.5% year-over-year).
- 2013: Revenue of $12.5M, expenses of $10.5M, and assets of $43.0M (revenue -3.1% year-over-year).
- 2012: Revenue of $12.9M, expenses of $9.6M, and assets of $37.2M (revenue -4.0% year-over-year).
- 2011: Revenue of $13.5M, expenses of $10.9M, and assets of $32.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bristol Myers Squibb Company Long Term Disability Income Plan & Tr:
Data Sources and Methodology
This transparency report for Bristol Myers Squibb Company Long Term Disability Income Plan & Tr 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.