SwedishAmerican Health Foundation (EIN 363097493) - 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

1980

Legal Domicile

Principal Officer

Travis Andersen

Phone

7796964009

Tax Period

2024-07-01 to 2025-06-30

SwedishAmerican Health Foundation, founded in 1980, is a small nonprofit that reported $833K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Net assets of $22.4M represent 323 months of operating reserves.

Mission

To provide financial and in-kind support for the stated missions of SwedishAmerican Hospital System Corporation, UW Health SwedishAmerican Hospital, and the affiliates operating in the State of Illinois.

🔒

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 $409,849

Program Service Revenue $0

Investment Income $423,457

Other Revenue $0

TOTAL REVENUE $833,306

Expense Breakdown

Grants Paid $308,888

Salaries & Benefits $323,298

Fundraising Expenses $512,216

Program Expenses $308,888

Other Expenses $222,446

TOTAL EXPENSES $854,632

Year-over-Year Comparison

	2024	2023	Change
Revenue	$833,306	$1,151,588	-0.3%
Expenses	$854,632	$868,741	0.0%
Net Income	$-21,326	$282,847	-1.1%

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

N/A

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

$3,315,336

Total Directors

$1,677,898

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Travis Andersen	President & CEO/Class I Director	0.10	Officer Director	$0	$197,423	$1,677,898
Michael Broski	Class IV Director and Board Chair	2.00	Officer Director	$0	$0	$0
Sarene Alsharif	Class II Director	2.00	Director	$0	$0	$0
Adam Fleming	Class II Director	2.00	Director	$0	$0	$0
Carly LaMonica	Class II Director	2.00	Director	$0	$0	$0
Ana Montoya	Class II Director	2.00	Director	$0	$0	$0
Martesha Brown	Class III Director	2.00	Director	$0	$0	$0
Lesly Couper	Class III Director	2.00	Director	$0	$0	$0
David Rydell	Class III Director	2.00	Director	$0	$0	$0
Steven C Sjogren	Class III Director	2.00	Director	$0	$0	$0
Jennifer Baker	Class IV Director	2.00	Director	$0	$0	$0
Jeff Marrs	Class IV Director	2.00	Director	$0	$0	$0
Patricia DeWane	Treasurer	0.10	Officer	$0	$74,016	$773,994
Julia Zimmerman	Vice President	0.10	Officer	$0	$74,916	$400,410
Barbara Aaby	Executive Director & Secretary	40.00	Officer	$0	$27,840	$199,186
Patti Meyer	Assistant Secretary	2.00	Officer	$0	$24,479	$171,890
Kristina Miller	Assistant Secretary	2.00	Officer	$0	$7,024	$91,958
Timothy Flynn MD	Former President, SA Medical Group	0.00		$0	$105,468	$711,690
Rosa Jeschke	Former VP Human Resources	0.00		$0	$38,329	$462,155
Sal Ababneh	Former COO/Pres of UWNI Hospitals	0.00		$0	$109,821	$430,327
Anna Taylor	Former VP Patient Svcs/CNO	0.00		$0	$22,062	$288,243
Michael Polizzotto	Former CMO/CIO	0.00		$0	$54,049	$478,205
James Cole DO	Former VP Medical Affairs/CMO	0.00		$0	$102,591	$517,702

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	$833,306	$854,632	$22,922,689	$-21,326
2024	$1,151,588	$868,741	$21,360,329	$282,847
2023	$615,790	$761,885	$19,689,408	$-146,095
2022	$1,685,622	$1,152,498	$18,457,440	$533,124
2021	$1,521,506	$2,626,245	$22,583,775	$-1,104,739
2020	$1,202,035	$2,343,871	$20,389,989	$-1,141,836
2019	$2,079,349	$2,024,740	$24,415,162	$54,609
2018	$5,653,485	$3,467,825	$25,636,727	$2,185,660

SwedishAmerican Health Foundation