Blood Systems Inc
82% goes to programs $0 to raise $100
Blood Systems Inc is a 501(c)(3) organization based in Scottsdale, Arizona, registered in 2015, with $98,154,806 in FY2018 revenue. CharityIndex grades it B+, and it directs about 82% of spending to programs.
Po Box 1867, Scottsdale, AZ, 85252 EIN 81-1084129 Since 2015
Revenue (FY2018)
$98.2M
▲ 6.0% vs prior year
Health median: $840K
Expenses (FY2018)
$100.8M
Net assets
$19.1M
Employees
765
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
AProgram efficiency40% of the rating82% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Blood Systems Inc: 82% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · -3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Blood Systems Inc: 2 mo reserves · -3% margin earns a B on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Blood Systems Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
BTransparency10% of the rating3 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Blood Systems Inc: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
Blood banking and research. see schedule o for more information.
Contact & location
- Address
- Po Box 1867, Scottsdale, AZ, 85252
- City
- Scottsdale
- State
- Arizona
- Category
- Health Care
- Subcategory
- Health Support Services
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $92.6M (FY2017) to $98.2M (FY2018) across 2 reported years.
Financial snapshot
Financial health & position (FY2018)
Liabilities $14.2MNet assets $19.1M
Operating margin
-2.7%
Spent more than it raised in the latest fiscal year.
Total assets
$33.3M
Total liabilities
$14.2M
Net assets
$19.1M
Salaries & benefits
$36.4M
36% of expenses
Board members
15
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2018 | $98,154,806▲6.0% | $100,787,166▲7.6% | $19,116,536▲15.2% | $33,306,737▼29.4% | 990 |
| 2017 | $92,560,393 | $93,707,892 | $16,598,968 | $47,183,967 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2018)
Highest-paid: Frederick Axelrod Md — $418,923 (0.42% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Frederick Axelrod Md | Trustee/ceo/pres/sec - Ls | 55 | $418,923 |
| Dennis M Todd Phd | President/ceo - Bcrbc | 55 | $397,248 |
| Donald J Chaffin | Vp Chief Medical Officer - Ls | 45 | $308,847 |
| Scott A Miller | Vp Bus Dev/cfo - Ls | 45 | $255,704 |
| Michael T Davenport | Regional Director - Bcrbc | 45 | $192,771 |
| Kevin D Moore | Vp Operations - Ls | 45 | $175,021 |
| Julianna H Quarles | Vp Tech/clinical Affairs - Ls | 45 | $146,327 |
| Donald Hunyh | Technical Director - Ls | 45 | $130,872 |
| Bhavi Shah | Trustee/sec/treas/gc-bcrbc | 5 | — |
| David Green | Trustee - Bcrbc | 1 | — |
| Eric Frykman Md | Trustee - Ls | 1 | — |
| Frank Ercoli Md | Trustee - Ls | 1 | — |
| James Peterson | Trustee/vice Chair - Ls | 1 | — |
| James R Schraith | Trustee - Ls | 1 | — |
| John S Lewis | Trustee/chair-bcrbc,trustee-ls | 2 | — |
| Joseph L Arena | Trustee/vice Chair - Bcrbc | 1 | — |
| Kevin Cloward | Trustee - Ls (thru 7/18) | 1 | — |
| Marc P Press | Trustee - Bcrbc | 1 | — |
| Michael Sequeira Md | Trustee - Ls | 1 | — |
| Paul E Stander Md | Trustee - Bcrbc | 1 | — |
Top vendors & contractors (FY2018)
| Contractor | Services | Paid |
|---|---|---|
| Creative Testing Solutions | Blood Testing Svcs | $7,391,653 |
| Merchants Building Maintenance LLC | Maintenance Services | $260,743 |
| Deliver-it | Delivery Services | $221,796 |
| It Synergistics LLC | It Consultant | $144,872 |
| Ups | Delivery Services | $117,565 |
Grants made · $241K in FY2018
1 grant totaling $241K in FY2018. All grants made by Blood Systems Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Vitalant | Blood research | $241,122 |
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Frequently asked questions
- Is Blood Systems Inc a legitimate nonprofit?
- Yes. Blood Systems Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 81-1084129, based in Scottsdale, Arizona. Donations are tax-deductible.
- What is Blood Systems Inc's EIN?
- Blood Systems Inc's Employer Identification Number (EIN) is 81-1084129.
- How much revenue does Blood Systems Inc report?
- Blood Systems Inc reported $98,154,806 in total revenue on its fiscal year 2018 IRS Form 990 filing.
- How much of Blood Systems Inc's spending goes to programs?
- Blood Systems Inc spends about 82% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Blood Systems Inc have?
- CharityIndex grades Blood Systems Inc B+, based on program efficiency and fundraising cost.
- How much does Blood Systems Inc's highest-paid employee make?
- The highest reported compensation on Blood Systems Inc's latest Form 990 is $418,923, paid to Frederick Axelrod Md (Trustee/ceo/pres/sec - Ls).
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Data for Blood Systems Inc (EIN 81-1084129) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.