Paul Carlson Medical Program Inc

EIN: 362645180 501(c)(3)

Chicago, IL

Total Revenue
$1,101,780
Total Expenses
$1,480,099
Total Assets
$404,003
Net Assets
$315,603
🔒

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
1966
Legal Domicile
IL
Phone
7739073362
Tax Period
2023-10-01 to 2024-09-30

Paul Carlson Medical Program Inc, founded in 1966, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 34% operating deficit.

Mission

International Aid/Development Agency focusing on health, poverty, and education in DR Congo.

🔒

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 $979,664
Program Service Revenue $0
Investment Income $120,768
Other Revenue $1,348
TOTAL REVENUE $1,101,780

Expense Breakdown

Grants Paid $853,422
Salaries & Benefits $437,771
Fundraising Expenses $43,054
Program Expenses $1,043,623
Other Expenses $188,906
TOTAL EXPENSES $1,480,099

Year-over-Year Comparison

2023 2022 Change
Revenue $1,101,780 $1,568,413 -0.3%
Expenses $1,480,099 $1,424,073 +0.0%
Net Income $-378,319 $144,340 -3.6%
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
10
Independent Members
10
Employees
5
Volunteers
24

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
8
$527,785
Total Directors
13
$398,005
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dan Palmquist Treasurer 1.0
Officer Director
$0 $0 $0
Evelyn May Lim Loo Secretary 1.0
Officer Director
$0 $0 $0
Flory Buki Chair (part year) 1.0
Officer Director
$0 $0 $0
Grace Shim President 1.0
Officer Director
$0 $71,605 $150,814
Safy Jacob Chair 1.0
Officer Director
$0 $0 $0
Sandra Gutknecht Treasurer (part year) 1.0
Officer Director
$0 $0 $0
Tammy Swanson-Draheim ECC President 1.0
Officer Director
$0 $138,550 $247,191
Akaki Luhahi Trustee 1.0
Director
$0 $0 $0
Audrey Mukwavi Matimelo Trustee 1.0
Director
$0 $0 $0
Edward Delgado Trustee (part year) 1.0
Director
$0 $0 $0
Larry Anderson Trustee 1.0
Director
$0 $0 $0
Rick Fisk Trustee 1.0
Director
$0 $0 $0
S Sheldon Gilmer Trustee 1.0
Director
$0 $0 $0
Renee Hale Executive Director 40.0
Officer
$97,101 $32,679 $129,780
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 $1,101,780 $1,480,099 $404,003 $-378,319
2021 $1,381,078 $1,237,614 $1,009,759 $143,464
2020 $1,224,114 $1,658,041 $1,319,194 $-433,927
2019 $1,139,006 $1,455,945 $1,674,304 $-316,939
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Paul Carlson Medical Program Inc with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.