Princeton, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)EDWARD J ILL EXCELLENCE IN MEDICINE FOUNDATION INC, founded in 2007, is a small nonprofit that reported $252K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $729K exceeded revenue, resulting in a 189% operating deficit.
To promote and encourage excellence in medical care and healthcare. To recognize excellence in our healthcare system and to provide significant scholarships to students who represent these values. The Foundation seeks to promote excellence by providing scholarships to NJ residents who are medical, dental, pharmaceutical and physician assistant students at NJ schools. The students selected have demonstrated excellence in scholarship, research, leadership and civic engagement and intend to practice in NJ.
Through the Rutgers New Jersey Medical School, Rutgers Robert Wood Johnson Medical School, Rutgers School of Dental Medicine, Seton Hall University School of Health and Medical Sciences, Cooper...
Through the Rutgers New Jersey Medical School, Rutgers Robert Wood Johnson Medical School, Rutgers School of Dental Medicine, Seton Hall University School of Health and Medical Sciences, Cooper Medical School of Rowan University, Rowan University School of Osteopathic Medicine, Rutgers School of Health Professions, Hackensack Meridian School of Medicine and Rutgers Ernest Mario School of Pharmacy, 9 scholarships were awarded to students who demonstrated excellence in scholarship, research, leadership and civic engagement.
Provided contribution to Foundation for Health Advancement to support their nonprofit mission supporting health related research and education.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $252,405 | $206,097 | +0.2% |
| Expenses | $728,900 | $271,522 | +1.7% |
| Net Income | $-476,495 | $-65,425 | +6.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Paul J Hirsch MD | Trustee Chairman | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Patricia A Costante | Trustee Vice Chairman | 1 |
Officer
Director
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$0 | $0 | $0 |
| Christopher S Bateman | Trustee | 1 |
Director
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$0 | $0 | $0 |
| Nina L Gowaty | Trustee | 1 |
Director
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$0 | $0 | $0 |
| George F Heinrich MD | Trustee | 1 |
Director
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$0 | $0 | $0 |
| Peter A Inverso | Trustee | 1 |
Director
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$0 | $0 | $0 |
| Michael J McDonough PhD | Trustee | 1 |
Director
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$0 | $0 | $0 |
| Michael J Schoppman | Trustee | 1 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $252,405 | $728,900 | No data | $-476,495 |
| 2022 | $206,097 | $271,522 | $491,340 | $-65,425 |
| 2021 | $288,050 | $313,760 | $601,056 | $-25,710 |
| 2020 | $125,027 | $181,091 | $614,355 | $-56,064 |
Compare EDWARD J ILL EXCELLENCE IN MEDICINE FOUNDATION INC with other nonprofits in New Jersey and across the country.