CHICAGO, IL
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)NORWOOD LIFE CARE FOUNDATION- B, founded in 1909, is a small nonprofit that reported $968K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $589K, a strong 61% operating margin.
THE PURPOSE OF THE NORWOOD LIFE CARE FOUNDATION IS TO MANAGE FUNDRAISING AND INVESTMENT FOR THE FOLLOWING RELATED NOT FOR PROFIT ORGANIZATIONS: NORWOOD CROSSING ASSOCIATION, NORWOOD SENIORS NETWORK ASSOCIATION, NORWOOD LIFE SOCIETY, NORWEGIAN LUTHERAN BETHESDA HOME ASSOCIATION, AND THE NORWOOD PARK SATELLITE SENIORS CENTER. THESE ORGANIZATIONS PROVIDE SERVICES TO AREA SENIORS IN A LONG TERM CARE FACILITY WITH A TOTAL OF 131 LICENSED BEDS AND 55 ASSISTED LIVING UNITS. IN 2024, 38% OF THE RESIDENTS AT THIS FACILITY RECEIVED FREE OR SUBSIDIZED CARE.
NORWOOD LIFE CARE FOUNDATION CONDUCTED FUNDRAISING ACTIVITIES TO SUPPORT PROGRAMS AT ITS RELATED NOT FOR PROFIT ENTITIES. THE PROGRAMS SUPPORTED INCLUDE: SPIRITUAL SERVICES, PURCHASE OF EQUIPMENT FOR...
NORWOOD LIFE CARE FOUNDATION CONDUCTED FUNDRAISING ACTIVITIES TO SUPPORT PROGRAMS AT ITS RELATED NOT FOR PROFIT ENTITIES. THE PROGRAMS SUPPORTED INCLUDE: SPIRITUAL SERVICES, PURCHASE OF EQUIPMENT FOR PROGRAM ACTIVITIES, AND THE NORWOOD PARK SATELLITE SENIORS CENTER.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $968,000 | $840,635 | +0.2% |
| Expenses | $378,589 | $392,996 | 0.0% |
| Net Income | $589,411 | $447,639 | +0.3% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DAVID HOYEM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DORIS PAPE | SECRETARY/ TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| INGRID FORSBERG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KIM KIDD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LARS OHRSTROM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE SILCA | VICE CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARTHA PETERSON | IMMEDIATE PAST CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| TIMOTHY KELLY | CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LINDA HORWITZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD STEFFENS | CFO | 9.00 |
Officer
|
$0 | $24,764 | $274,826 |
| SILVIA MORICI | CEO | 9.00 |
Officer
|
$0 | $21,809 | $336,710 |
| MARY JO BADE | CORP CLINICAL SERV DIR | 1.00 |
Key Emp
|
$0 | $11,351 | $231,422 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $968,000 | $378,589 | $16,572,547 | $589,411 |
| 2023 | $840,635 | $392,996 | $19,210,726 | $447,639 |
| 2022 | $875,451 | $435,790 | $21,122,899 | $439,661 |
| 2021 | $1,060,669 | $312,595 | $22,162,712 | $748,074 |
| 2020 | $1,008,268 | $390,564 | $22,135,770 | $617,704 |
| 2019 | $902,221 | $357,943 | $22,437,124 | $544,278 |
| 2018 | $954,489 | $146,327 | $21,523,291 | $808,162 |
Compare NORWOOD LIFE CARE FOUNDATION- B with other nonprofits in Illinois and across the country.