Suncoast Communities Blood Bank Employee Benefit Trust
EIN: 593046586 · Sarasota, FL
| Metric | Value |
|---|---|
| Total Expenses | $1.1M |
| Net Assets | $-7,628 |
Is Suncoast Communities Blood Bank Employee Benefit Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Suncoast Communities Blood Bank Employee Benefit Trust
Suncoast Communities Blood Bank Employee Benefit Trust (EIN: 593046586) is a nonprofit organization based in Sarasota, FL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Suncoast Communities Blood Bank Employee Benefit Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Suncoast Communities Blood Bank Employee Benefit Trust is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $716K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-373,220 |
| Total Assets | $37K |
| Total Liabilities | $45K |
| Net Assets | $-7,628 |
| Operating Margin | -52.2% |
| Debt-to-Asset Ratio | 120.4% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2016, Suncoast Communities Blood Bank Employee Benefit Trust reported a deficit of $373K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 120.4% (high leverage).
Financial Trends
Over 6 years of filings (2011–2016), Suncoast Communities Blood Bank Employee Benefit Trust's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +2.4% | +4.7% | -89.8% |
| 2015 | +3.9% | +59.0% | -48.3% |
| 2014 | +1.7% | +9.9% | +2.6% |
| 2013 | +0.2% | +16.5% | +10.5% |
| 2012 | -4.0% | -9.4% | +31.3% |
AI Analysis Pending
AI enrichment for Suncoast Communities Blood Bank Employee Benefit Trust 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 Suncoast Communities Blood Bank Employee Benefit Trust 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $373K, with expenses exceeding revenue.
- Debt-to-asset ratio: 120.4%.
Frequently Asked Questions about Suncoast Communities Blood Bank Employee Benefit Trust
Is Suncoast Communities Blood Bank Employee Benefit Trust a legitimate charity?
Suncoast Communities Blood Bank Employee Benefit Trust (EIN: 593046586) is a registered tax-exempt nonprofit based in Florida. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Suncoast Communities Blood Bank Employee Benefit Trust spend its money?
Suncoast Communities Blood Bank Employee Benefit Trust reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Suncoast Communities Blood Bank Employee Benefit Trust tax-deductible?
Suncoast Communities Blood Bank Employee Benefit Trust is registered as a tax-exempt nonprofit (EIN: 593046586). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Suncoast Communities Blood Bank Employee Benefit Trust located?
Suncoast Communities Blood Bank Employee Benefit Trust is headquartered in Sarasota, Florida and files with the IRS under EIN 593046586.
How many years of IRS 990 filings does Suncoast Communities Blood Bank Employee Benefit Trust have?
Suncoast Communities Blood Bank Employee Benefit Trust has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Suncoast Communities Blood Bank Employee Benefit Trust showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Suncoast Communities Blood Bank Employee Benefit Trust's revenue has grown by 4.1%, moving from $687K to $716K. Total assets decreased by 92.1% over the same period, from $475K to $37K. Total functional expenses rose by 93%, from $564K to $1.1M. In its most recent filing year (2016), Suncoast Communities Blood Bank Employee Benefit Trust reported a deficit of $373K, with expenses exceeding revenue. The organization holds $45K in liabilities against $37K in assets (debt-to-asset ratio: 120.4%), resulting in net assets of $-7,628.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $716K | $1.1M | $37K | $45K | — | — |
| 2015 | $699K | $1.0M | $366K | $0 | — | View 990 |
| 2014 | $672K | $654K | $707K | $0 | — | View 990 |
| 2013 | $661K | $595K | $689K | $0 | — | View 990 |
| 2012 | $660K | $511K | $623K | $0 | — | View 990 |
| 2011 | $687K | $564K | $475K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $716K, expenses of $1.1M, and assets of $37K (revenue +2.4% year-over-year).
- 2015: Revenue of $699K, expenses of $1.0M, and assets of $366K (revenue +3.9% year-over-year).
- 2014: Revenue of $672K, expenses of $654K, and assets of $707K (revenue +1.7% year-over-year).
- 2013: Revenue of $661K, expenses of $595K, and assets of $689K (revenue +0.2% year-over-year).
- 2012: Revenue of $660K, expenses of $511K, and assets of $623K (revenue -4.0% year-over-year).
- 2011: Revenue of $687K, expenses of $564K, and assets of $475K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Suncoast Communities Blood Bank Employee Benefit Trust:
Data Sources and Methodology
This transparency report for Suncoast Communities Blood Bank Employee Benefit Trust 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.