JACKSON PARK HOSPITAL FOUNDATION (EIN 362448028) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1960

Legal Domicile

Principal Officer

WILLIAM DORSEY MD

Phone

7739477500

Tax Period

2024-04-01 to 2025-03-31

JACKSON PARK HOSPITAL FOUNDATION, founded in 1960, is a mid-sized nonprofit in the Health Care sector that reported $95.8M in total revenue in fiscal year 2024.

Mission

TO PROVIDE COMPASSIONATE CARE AND HIGH QUALITY HEALTHCARE SERVICES TO MEET THE NEEDS OF THE PATIENTS AND COMMUNITIES WE SERVE.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,551,244

Program Service Revenue $91,372,624

Investment Income $11,768

Other Revenue $860,396

TOTAL REVENUE $95,796,032

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,822,022

Fundraising Expenses $0

Program Expenses $96,501,868

Other Expenses $61,215,802

TOTAL EXPENSES $104,037,824

Year-over-Year Comparison

	2024	2023	Change
Revenue	$95,796,032	$99,005,286	0.0%
Expenses	$104,037,824	$100,004,333	+0.0%
Net Income	$-8,241,792	$-999,047	+7.2%

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

Governance

Voting Members

Independent Members

Employees

798

Volunteers

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

$2,513,136

Total Directors

$2,313,371

Key Employees

$519,556

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR BANGALORE R MURTHY	DIRECTOR/PHYSICIAN(TERM END DEC 24)	25.00	Director	$157,766	$45,472	$203,238
DR HAROON OLOMI	DIRECTOR/PHYSICIAN	4.00	Director	$3,760	$28,749	$242,505
DR HARSHAD MEHTA	DIRECTOR/PHYSICIAN	40.00	Director	$153,254	$24,198	$177,452
DR LAKSHMI DODDA	DIRECTOR/PHYSICIAN	25.00	Director	$226,447	$45,424	$271,871
DR OKECHUKU U OKOLO	DIRECTOR/PHYSICIAN(TERM END SEPT 24)	22.00	Director	$52,106	$20,364	$170,721
DR RAJIV KANDALA	DIRECTOR/PHYSICIAN	25.00	Director	$73,808	$28,749	$102,557
DR SURRENTHIA PARKER	DIRECTOR/PHYSICIAN	4.00	Director	$43,608	$45,278	$88,886
DR WILLIAM O DORSEY III	CHAIRMAN/CEO/PRESIDENT	40.00	Officer Director	$759,925	$54,407	$814,332
DR ZAHIDUR RAHMAN	DIRECTOR/PHYSICIAN	12.00	Director	$75,949	$28,749	$241,809
JAMES I CLARK III	DIRECTOR	2.00	Director	$0	$0	$0
ALVIN KRUSE	SECRETARY	0.25	Officer	$0	$0	$0
G RANDALL SMITH	EXECUTIVE VP	40.00	Officer	$748,529	$76,601	$825,130
MARGO BROOKS-PUGH	VICE PRESIDENT (TERM ENDED JAN 25)	40.00	Officer	$112,374	$45,473	$157,847
MERRITT HASBROUCK	PRESIDENT (TERM ENDED JAN 25)	40.00	Officer	$654,473	$61,354	$715,827
BARRY MANDELL	VP SPECIAL PROJECTS	40.00	Key Emp	$235,541	$40,929	$276,470
MAGDALENE ARMSTEAD	VP PATIENT CARE	40.00	Key Emp	$229,168	$13,918	$243,086
LOUISE FORT-SMALLWOOD	NURSE	40.00	Highest	$214,067	$53,138	$267,205
MATTHEW MALTERS MD	PHYSICIAN	2.00	Highest	$10,378	$45,278	$775,355
RUSMIR ZEC	VP FINANCE	40.00	Highest	$243,494	$52,959	$296,453
SAHR NGOMBU	NURSE	40.00	Highest	$247,321	$59,678	$306,999
SYED ALA MD	PHYSICIAN	12.00	Highest	$62,833	$45,278	$278,111

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
2025	$95,796,032	$104,037,824	$142,492,462	$-8,241,792
2024	$99,005,286	$100,004,333	$139,715,086	$-999,047
2023	$104,523,579	$98,394,922	$138,360,093	$6,128,657
2022	$107,987,360	$99,823,772	$132,629,667	$8,163,588
2021	$112,466,122	$104,449,472	$120,530,174	$8,016,650
2020	$111,385,835	$105,057,851	$106,434,592	$6,327,984
2020	$85,579,723	$79,272,421	$106,434,592	$6,307,302
2019	$55,555,562	$83,206,164	$113,295,304	$-27,650,602
2018	$70,004,114	$85,464,543	$135,831,973	$-15,460,429

JACKSON PARK HOSPITAL FOUNDATION