International Society For Laboratory Hematology
EIN: 270662044 · Glenview, IL · NTEE: H038
Is International Society For Laboratory Hematology Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About International Society For Laboratory Hematology
International Society For Laboratory Hematology (EIN: 270662044) is a nonprofit organization based in Glenview, IL, classified under NTEE code H038. The organization reported total revenue of $518K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Society For Laboratory Hematology's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Society For Laboratory Hematology is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $532K |
| Total Expenses | $696K |
| Surplus / Deficit | $-163,411 |
| Total Assets | $1.4M |
| Total Liabilities | $169K |
| Net Assets | $1.2M |
| Operating Margin | -30.7% |
| Debt-to-Asset Ratio | 12.0% |
| Months of Reserves | 24.3 months |
Financial Health Grade: B
In 2023, International Society For Laboratory Hematology reported a deficit of $163K with expenses exceeding revenue, holds 24.3 months of operating reserves (strong position), has a debt-to-asset ratio of 12.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), International Society For Laboratory Hematology's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -46.6% | -6.3% | -3.0% |
| 2022 | +151.8% | +178.0% | -5.3% |
| 2021 | +5.0% | -45.4% | +12.9% |
| 2020 | -46.0% | -19.3% | -14.6% |
| 2019 | -5.6% | -22.9% | +4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for International Society For Laboratory Hematology has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates International Society For Laboratory Hematology with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $163K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.0%.
Frequently Asked Questions about International Society For Laboratory Hematology
Is International Society For Laboratory Hematology a legitimate charity?
Based on AI analysis of IRS 990 filings, International Society For Laboratory Hematology (EIN: 270662044) insufficient data. 0 red flags identified, 0 strengths noted.
How does International Society For Laboratory Hematology spend its money?
Detailed spending breakdown data is not yet available for International Society For Laboratory Hematology. Check back for updated IRS 990 analysis.
Are donations to International Society For Laboratory Hematology tax-deductible?
International Society For Laboratory Hematology is registered as a tax-exempt nonprofit (EIN: 270662044). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for International Society For Laboratory Hematology showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), International Society For Laboratory Hematology's revenue has grown by 21.9%, moving from $437K to $532K. Total assets increased by 366.6% over the same period, from $302K to $1.4M. Total functional expenses rose by 42.3%, from $489K to $696K. In its most recent filing year (2023), International Society For Laboratory Hematology reported a deficit of $163K, with expenses exceeding revenue. The organization holds $169K in liabilities against $1.4M in assets (debt-to-asset ratio: 12.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $532K | $696K | $1.4M | $169K | — | View 990 |
| 2022 | $996K | $742K | $1.5M | $126K | — | View 990 |
| 2021 | $396K | $267K | $1.5M | $385K | — | View 990 |
| 2020 | $377K | $489K | $1.4M | $421K | — | View 990 |
| 2019 | $697K | $606K | $1.6M | $583K | — | View 990 |
| 2018 | $738K | $785K | $1.5M | $660K | — | View 990 |
| 2017 | $741K | $772K | $1.5M | $555K | — | View 990 |
| 2016 | $978K | $930K | $1.3M | $395K | — | View 990 |
| 2015 | $710K | $678K | $1.2M | $286K | — | View 990 |
| 2014 | $640K | $711K | $969K | $107K | — | View 990 |
| 2013 | $960K | $565K | $980K | $48K | — | View 990 |
| 2012 | $997K | $737K | $572K | $35K | — | View 990 |
| 2011 | $437K | $489K | $302K | $24K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $532K, expenses of $696K, and assets of $1.4M (revenue -46.6% year-over-year).
- 2022: Revenue of $996K, expenses of $742K, and assets of $1.5M (revenue +151.8% year-over-year).
- 2021: Revenue of $396K, expenses of $267K, and assets of $1.5M (revenue +5.0% year-over-year).
- 2020: Revenue of $377K, expenses of $489K, and assets of $1.4M (revenue -46.0% year-over-year).
- 2019: Revenue of $697K, expenses of $606K, and assets of $1.6M (revenue -5.6% year-over-year).
- 2018: Revenue of $738K, expenses of $785K, and assets of $1.5M (revenue -0.3% year-over-year).
- 2017: Revenue of $741K, expenses of $772K, and assets of $1.5M (revenue -24.2% year-over-year).
- 2016: Revenue of $978K, expenses of $930K, and assets of $1.3M (revenue +37.7% year-over-year).
- 2015: Revenue of $710K, expenses of $678K, and assets of $1.2M (revenue +11.0% year-over-year).
- 2014: Revenue of $640K, expenses of $711K, and assets of $969K (revenue -33.3% year-over-year).
- 2013: Revenue of $960K, expenses of $565K, and assets of $980K (revenue -3.7% year-over-year).
- 2012: Revenue of $997K, expenses of $737K, and assets of $572K (revenue +128.2% year-over-year).
- 2011: Revenue of $437K, expenses of $489K, and assets of $302K.
Data Sources and Methodology
This transparency report for International Society For Laboratory Hematology 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.