FOUNDATION FOR PHYSICAL MEDICINE AND REHABILITATION

EIN: 043630273 501(c)(3) Medical Research

ROSEMONT, IL

Total Revenue
$431,420
Total Expenses
$347,278
Total Assets
$3,015,247
Net Assets
$2,930,454
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
IL
Principal Officer
PHYLLIS ANDERSON
Phone
8477376000
Tax Period
2023-01-01 to 2023-12-31

FOUNDATION FOR PHYSICAL MEDICINE AND REHABILITATION, founded in 2001, is a small nonprofit in the Medical Research sector that reported $431K in total revenue in fiscal year 2023. The organization ran a surplus of $84K, a strong 20% operating margin.

Mission

THE FOUNDATION'S MISSION IS TO ENHANCE HEALTH AND FUNCTION THROUGH EDUCATION AND RESEARCH IN THE FIELD OF PHYSICAL MEDICINE AND REHABILIATION.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $326,950
Program Service Revenue $0
Investment Income $105,785
Other Revenue $-1,315
TOTAL REVENUE $431,420

Expense Breakdown

Grants Paid $104,900
Salaries & Benefits $167,895
Fundraising Expenses $85,875
Program Expenses $192,811
Other Expenses $52,979
TOTAL EXPENSES $347,278

Year-over-Year Comparison

2023 2022 Change
Revenue $431,420 $430,156 +0.0%
Expenses $347,278 $361,097 0.0%
Net Income $84,142 $69,059 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
50

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
6
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAM WU MD MPH MHA TREASURER 2.00
Officer Director
$0 $0 $0
BRUCE E BECKER MD PAST-PRESIDENT (OUTGOING) 0.00
Officer Director
$0 $0 $0
ROSS ZAFONTE MD PRESIDENT 2.00
Officer Director
$0 $0 $0
FELICIA AMBROSE MD SECRETARY 2.00
Officer Director
$0 $0 $0
DIANA D CARDENAS MD PAST-PRESIDENT 2.00
Officer Director
$0 $0 $0
ANDREW SHERMAN MD DIRECTOR-AT-LARGE 1.00
Director
$0 $0 $0
KATHLEEN BELL MD DIRECTOR-AT-LARGE 1.00
Director
$0 $0 $0
ELIOT ROTH MD VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MARK A HARRAST MD DIRECTOR-AT-LARGE 1.00
Director
$0 $0 $0
BRAD G KUROWSKI MD DIRECTOR-AT-LARGE 1.00
Director
$0 $0 $0
HEIDI PRATHER DO DIRECTOR-AT-LARGE 1.00
Director
$0 $0 $0
ROBERT J RINALDI MD DIRECTOR-AT-LARGE 1.00
Director
$0 $0 $0
PHYLLIS ANDERSON EXECUTIVE DIRECTOR 40.00
Highest
$0 $27,214 $152,338
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 No data No data No data No data
2023 $431,420 $347,278 $3,015,247 $84,142
2022 $430,156 $361,097 $2,682,036 $69,059
2021 $509,762 $305,613 $3,306,471 $204,149
2020 $309,615 $320,686 $3,073,355 $-11,071
2019 $387,145 $350,305 $2,779,734 $36,840
2018 $385,007 $458,287 $2,442,253 $-73,280
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FOUNDATION FOR PHYSICAL MEDICINE AND REHABILITATION with other nonprofits in Illinois and across the country.