Civic Intelligence

Foundation for Blood Research

990 • Fiscal year 2014 • EIN 23-7346415

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 04, 2014

PO Box 19004070-0190

(207) 883-4131

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

51st percentile

0.12x

Higher debt load relative to assets than 51% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

44th percentile

0.08x

Higher debt load relative to revenue than 44% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

13th percentile

-22%

Higher net margin than 13% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

88th percentile

$179,792

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

4th percentile

-28%

Faster asset growth than 4% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$1,956,949

Down $755,407 (-28%) from 2013

Net Assets

Down

$1,730,682

Down $584,573 (-25%) from 2013

Liabilities

Down

$226,267

Down $170,834 (-43%) from 2013

Revenue

$2,715,336

No earlier filing loaded for comparison.

Expenses

Down

$3,299,909

Down $604,227 (-15%) from 2013

Net Income

-$584,573

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,783,521Liabilities 2011: $522,702Net Assets 2011: $3,260,8192011Assets 2012: $3,557,788Liabilities 2012: $527,741Net Assets 2012: $3,030,0472012Assets 2013: $2,712,356Liabilities 2013: $397,101Net Assets 2013: $2,315,2552013Assets 2014: $1,956,949Liabilities 2014: $226,267Net Assets 2014: $1,730,6822014Assets 2015: $1,389,235Liabilities 2015: $238,079Net Assets 2015: $1,151,1562015Assets 2016: $1,062,062Liabilities 2016: $524,977Net Assets 2016: $537,0852016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2014

Assets$1,956,949
Liabilities$226,267
Net Assets$1,730,682

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $4,281,1832011Expenses 2012: $3,938,2912012Expenses 2013: $3,904,1362013Revenue 2014: $2,715,336Expenses 2014: $3,299,909Net Income 2014: -$584,5732014Revenue 2015: $2,234,414Expenses 2015: $2,813,940Net Income 2015: -$579,5262015Revenue 2016: $1,806,365Expenses 2016: $2,420,436Net Income 2016: -$614,0712016Revenue 2017: $604,978Expenses 2017: $956,863Net Income 2017: -$351,8852017

Highlighted filing

2014

Revenue$2,715,336
Expenses$3,299,909
Net Income-$584,573
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 4, 2014
Return Version
2013v3.0
Gross Receipts
$2,715,336
Mission and Program Overview

Mission

To find more effective ways to identify, manage, and prevent human disease through clinical and laboratory investigation, epidemiology, outreach science education, computer-based analysis, public health program design, and clinical testing.

Blood Research

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$791,733$774,842▼ $16,891
Land, Buildings, and Equipment, Net$762,471$605,216▼ $157,255
Savings and Temporary Cash Investments$1,029,529$500,741▼ $528,788
Prepaid Expenses and Deferred Charges$96,808$76,150▼ $20,658
Cash and Non-Interest-Bearing Accounts$31,815$0▼ $31,815
Total Assets$2,712,356$1,956,949▼ $755,407
Liabilities
Accounts Payable and Accrued Expenses$257,625$161,570▼ $96,055
Mortgage Notes Payable Secured by Investment Property$109,626$64,697▼ $44,929
Other Liabilities$29,850$0▼ $29,850
Total Liabilities$397,101$226,267▼ $170,834
Net Assets / Fund Balance
Unrestricted Net Assets$2,315,255$1,730,682▼ $584,573
Total Net Assets Fund Balance$2,315,255$1,730,682▼ $584,573
Total Liabilities and Net Assets / Fund Balance$2,712,356$1,956,949▼ $755,407

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$90,789$2,859,624$2,950,413
Buildings$367,482$1,313,031$1,680,513
Land$146,945-$146,945
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
M Jane Sheehan EsqPresident/CEOFT$172,535$7,257$179,792
Evangelos Ntrivalas MD PhDLab DirectorFT$122,943$20,269$143,212
Deborah Sykes MSFinance DirectorFT$133,849$8,490$142,339

Board Members and Trustees

NameTitle
Arthur AndersonBoard Chairman
Barry Smith MDBoard Member
Charles R MannixBoard Member
David KirsteinBoard Member
Dennis EaglesonBoard Member
Gordon K Gayer EsqBoard Member
H Timothy O'NeilBoard Member
William Palin PhDBoard Member
Holly L BulgerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$73,981
Program Service Revenue
$2,635,469
Investment Income
$5,886
Other Revenue
$0
All Other Contributions
$34,850
Change in Net Assets
$-584,573
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,896,991
Other Expenses$1,402,918
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,055,583$307,867-$1,363,450
Office Expenses$739,909$223,807-$963,716
Other Employee Benefits$178,768$52,139-$230,907
Current Officers, Directors, Trustees, and Key Employees$139,195$40,597-$179,792
Depreciation Depletion$123,481$36,014-$159,495
Payroll Taxes$93,371$27,232-$120,603
Occupancy$59,658$17,400-$77,058
Insurance$44,241$12,903-$57,144
Fees for Services Accounting-$19,876-$19,876
Other Expenses$9,891$2,885-$12,776
Travel$11,299--$11,299
Interest$4,557$1,329-$5,886
Fees for Services Other$3,156$2,438-$5,594
All Other Expenses$3,479--$3,479
Pension Plan Contributions$1,733$506-$2,239
Total Functional Expenses$2,554,916$744,993$0$3,299,909
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

The Form 990 is reviewed by the president and the director of finance before filing. It is presented to the full board after filing.

Form 990, Part VI, Section B, line 12C

A written copy of the conflict of interest policy is given to each board member and reviewed yearly. Each member is requested to disclose any conflicts of interest. Potential new members are investigated for any conflicts of interest.

Form 990, Part VI, Section B, line 15

Salaries are compared with similar organizations in the region. Employee salary survey instruments are also referenced.

Form 990, Part VI, Section C, line 19

The governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

EIN
23-7346415
Phone
2078834131

Signing Officer

Name
M Jane Sheehan
Title
President/CEO
Phone
2078834131
Signed
2014-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
M Jane Sheehan
Formed
1973
Legal Domicile
Me
Voting Board Members
9
Independent Board Members
9
Employees
36
Volunteers
0

Preparer

Preparer
Nicholas E Porto
Phone
2078792100
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IRS990/MissionDesc0The purpose of the Foundation for Blood Research (FBR) is to find more effective ways to identify, manage, and prevent human disease through clinical and laboratory investigation, epidemiology, outreach science education, computer-based analysis, public health program design, and clinical testing.FBR's scientific mission is to develop and improve laboratory tests as a way to help physicians identify, treat, manage, and at times, prevent illness. Scientific activities within FBR involve immunology and genetics and focus in two areas of preventive medicine: the application of serum protein measurements to detect or predict medical disorders and the development of medical screening systems to identify conditions found in the general population.FBR's education mission is to expand scientific knowledge and awareness among health professionals, science students at all levels, and the community at large.
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IRS990/PYOtherExpensesAmt01682842
IRS990/PYOtherRevenueAmt027717
IRS990/PYProgramServiceRevenueAmt03037090
IRS990/PYRevenuesLessExpensesAmt0-714792
IRS990/PYSalariesCompEmpBnftPaidAmt02221294
IRS990/PYTotalExpensesAmt03904136
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03189344
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-584573
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02592657
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01029529
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0500741
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt05000
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt05000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt025000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt073981
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0123612
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0242342
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0435358
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0405076
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01280369
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05886
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt028642
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt038470
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt079924
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt076124
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0229046
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03037090
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt03426707
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03470587
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03482702
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt016052555
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05886
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt028642
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt079924
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt076124
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0229046
IRS990ScheduleA/InvestmentIncomeCYPct00.01300
IRS990ScheduleA/InvestmentIncomePYPct00.01480
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt05000
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt05000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt025000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03707519
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03985869
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03963902
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt017561970
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt01313031
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01680513
IRS990ScheduleD/EquipmentGrp/BookValueAmt090789
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02859624
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02950413
IRS990ScheduleD/LandGrp/BookValueAmt0146945
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0146945
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0605216
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
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IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt07257
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0M Jane Sheehan Esq
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President/CEO

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