Blood Research Institute Inc

EIN: 043136318 501(c)(3)

Boston, MA

Total Revenue
$-296,834
Total Expenses
N/A
Total Assets
$3,007,416
Net Assets
$-4,315,219
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
MA
Principal Officer
Kevin B Churchwell MD
Phone
6177138000
Tax Period
2023-10-01 to 2024-09-30

Blood Research Institute Inc, founded in 1991, is a micro nonprofit that reported $297K in total revenue in fiscal year 2023.

Mission

Owning and leasing real estate and other property in connection with and for the benefit of the Children's Hospital Corporation.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $-296,834

Owning and leasing real estate and other property in connection with and for the benefit of the Children's Hospital Corporation.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $-296,834
TOTAL REVENUE $-296,834

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $-296,834 $-962,675 -0.7%
Expenses N/A N/A N/A
Net Income N/A $-962,675 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
1
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$6,332,111
Total Directors
5
$6,332,111
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kevin Churchwell MD President & Trustee 1.00
Officer Director
$0 $135,259 $3,197,892
Douglas Vanderslice Treasurer & Trustee 1.00
Officer Director
$0 $80,122 $1,684,195
Michele Garvin Esq Clerk & Trustee (END 10/16/23) 0.00
Officer Director
$0 $53,172 $1,254,786
Douglas Berthiaume Chairman 1.00
Officer Director
$0 $0 $0
Christopher Viney JD Clerk & Trustee (BEGIN 10/16/23) 1.00
Officer Director
$0 $20,376 $195,238
Sandra Fenwick Former President & Trustee 0.00
$0 $0 $939,289
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $-296,834 No data $3,007,416 No data
2023 $-962,675 No data $3,391,342 No data
2022 $-42,261 No data $4,540,609 No data
2021 $553,085 No data $6,437,154 No data
2020 $1,053,972 No data $7,377,154 No data
2019 $1,017,939 No data $7,703,298 No data
2018 $-1,309,390 $895,464 $7,984,583 $-2,204,854
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