FRIENDS OF PRENTICE

EIN: 363930139 501(c)(3)

CHICAGO, IL

Total Revenue
$683,348
Total Expenses
$686,859
Total Assets
$624,529
Net Assets
$175,264
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
IL
Principal Officer
MICHAEL BORDERS
Phone
8153550763
Tax Period
2023-09-01 to 2024-08-31

FRIENDS OF PRENTICE, founded in 1986, is a small nonprofit that reported $683K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

FRIENDS OF PRENTICE WORKS IN PARTNERSHIP WITH NORTHWESTERN MEDICINE PRENTICE WOMENS HOSPITAL TO ADVANCE THE QUALITY OF WOMENS HEALTHCARE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $837,438
Program Service Revenue $0
Investment Income $220
Other Revenue $-154,310
TOTAL REVENUE $683,348

Expense Breakdown

Grants Paid $311,996
Salaries & Benefits $172,352
Fundraising Expenses $196,363
Program Expenses $423,796
Other Expenses $202,511
TOTAL EXPENSES $686,859

Year-over-Year Comparison

2023 2022 Change
Revenue $683,348 $615,272 +0.1%
Expenses $686,859 $637,756 +0.1%
Net Income $-3,511 $-22,484 -0.8%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
84
Independent Members
84
Employees
N/A
Volunteers
5

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
1
$164,000
Total Directors
85
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTIN FIELD EXECUTIVE DIRECTOR 40.00
Officer
$164,000 $0 $164,000
MICHAEL C BORDERS INMEDIATE PAST PRESIDENT 1.00
Director
$0 $0 $0
ROCKY LOPEZ TREASURER 1.00
Director
$0 $0 $0
J ALEX JACOBSON PRESIDENT 1.00
Director
$0 $0 $0
CHERYL SKENDER DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER NEWTON VICE PRESIDENT 1.00
Director
$0 $0 $0
CAROL LAVIN BERNICK FOUNDER 1.00
Director
$0 $0 $0
SHAYNA COOK VICE PRESIDENT 1.00
Director
$0 $0 $0
SHANNON FLAVIN VICE PRESIDENT 1.00
Director
$0 $0 $0
WENDY FREYER VICE PRESIDENT 1.00
Director
$0 $0 $0
DONNA KANER SOCOL VICE PRESIDENT 1.00
Director
$0 $0 $0
CATHERINE D NARDI VICE PRESIDENT 1.00
Director
$0 $0 $0
EMILY NEWHOUSE DILLINGHAM VICE PRESIDENT 1.00
Director
$0 $0 $0
BRADEN R SMITH DIRECTOR 1.00
Director
$0 $0 $0
ADAM SNYDER DIRECTOR 1.00
Director
$0 $0 $0
MEGAN O'HALLERAN ARCHIBALD SECRETARY 1.00
Director
$0 $0 $0
MICHAEL B ARRINGTON DIRECTOR 1.00
Director
$0 $0 $0
COURTNEY BAE DIRECTOR 1.00
Director
$0 $0 $0
KATIE BENJAMIN DIRECTOR 1.00
Director
$0 $0 $0
SAMANTHA BERNGARD DIRECTOR 1.00
Director
$0 $0 $0
NICOLE BLANK DIRECTOR 1.00
Director
$0 $0 $0
KATIE BOLANOWSKI DIRECTOR 1.00
Director
$0 $0 $0
CECIL BOOTH DIRECTOR 1.00
Director
$0 $0 $0
SERDAR E BULUN MD DIRECTOR 1.00
Director
$0 $0 $0
KRISTI CARROLL DIRECTOR 1.00
Director
$0 $0 $0
ERIN CLIFFORD DIRECTOR 1.00
Director
$0 $0 $0
JOELLE COSMAS DIRECTOR 1.00
Director
$0 $0 $0
ALI CRAIG DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH CURTIN DIRECTOR 1.00
Director
$0 $0 $0
LAURELLE ETRI DIRECTOR 1.00
Director
$0 $0 $0
BETSY FARRINGTON DIRECTOR 1.00
Director
$0 $0 $0
RANDY A FIFIELD DIRECTOR 1.00
Director
$0 $0 $0
D'ANNA L FLOWERS DIRECTOR 1.00
Director
$0 $0 $0
LEE P GOLUB DIRECTOR 1.00
Director
$0 $0 $0
TRINA GORDON MCCALLISTER DIRECTOR 1.00
Director
$0 $0 $0
PATTY HENDERSON DIRECTOR 1.00
Director
$0 $0 $0
KENNA JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
ALLYSON JULIEN DIRECTOR 1.00
Director
$0 $0 $0
ELENA M KAMEL MD DIRECTOR 1.00
Director
$0 $0 $0
DANIEL LINGER DIRECTOR 1.00
Director
$0 $0 $0
LAURA LINGER DIRECTOR 1.00
Director
$0 $0 $0
MEREDITH MAIENZA DIRECTOR 1.00
Director
$0 $0 $0
LYNN M MCGOVERN DIRECTOR 1.00
Director
$0 $0 $0
JUSTINE SCHAVOCKY VICE PRESIDENT 1.00
Director
$0 $0 $0
KATIE SCHLOTT VICE PRESIDENT 1.00
Director
$0 $0 $0
LAUREN SELMAN DIRECTOR 1.00
Director
$0 $0 $0
MORGAN O'NEIL SHADDOCK DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL L SOCOL MD DIRECTOR 1.00
Director
$0 $0 $0
LILA TRICKLE VICE PRESIDENT 1.00
Director
$0 $0 $0
CHRISTINA ZHANG DIRECTOR 1.00
Director
$0 $0 $0
JULIA ZOUSMER DIRECTOR 1.00
Director
$0 $0 $0
SAMANTHA BASIC DIRECTOR 1.00
Director
$0 $0 $0
JACK BEGLEY DIRECTOR 1.00
Director
$0 $0 $0
JANELLE BOLDEN MD DIRECTOR 1.00
Director
$0 $0 $0
LISA LEVY DIRECTOR 1.00
Director
$0 $0 $0
SARAH MILLER DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE CONNOR DIRECTOR 1.00
Director
$0 $0 $0
NIRALI RODRIGUEZ DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE SHETTY DIRECTOR 1.00
Director
$0 $0 $0
CHANTE MARTINEZ THURMOND DIRECTOR 1.00
Director
$0 $0 $0
SMITA AGGARWAL DIRECTOR 1.00
Director
$0 $0 $0
SARI ALTSHUL DIRECTOR 1.00
Director
$0 $0 $0
SANJAY BHAT DIRECTOR 1.00
Director
$0 $0 $0
LAUREN BRISKIN DIRECTOR 1.00
Director
$0 $0 $0
OLUWATENIOLA TENI BROWN DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER CARLINO DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH CASE DIRECTOR 1.00
Director
$0 $0 $0
LINDSAY CASH DIRECTOR 1.00
Director
$0 $0 $0
KRISTINA KATZ CERCONE DIRECTOR 1.00
Director
$0 $0 $0
MARCO ELLIS MD DIRECTOR 1.00
Director
$0 $0 $0
ARIN FIFE DIRECTOR 1.00
Director
$0 $0 $0
WENDY FREYER DIRECTOR 1.00
Director
$0 $0 $0
ABIGAIL GASTEVICH DIRECTOR 1.00
Director
$0 $0 $0
ALEXA GOUTOS DIRECTOR 1.00
Director
$0 $0 $0
DAVID GRAYSON DIRECTOR 1.00
Director
$0 $0 $0
MEGAN MCCARTHY HAYES DIRECTOR 1.00
Director
$0 $0 $0
TAYLOR WALD KOLDYKE DIRECTOR 1.00
Director
$0 $0 $0
SARAH MAY DIRECTOR 1.00
Director
$0 $0 $0
LAUREN MCDONNELL DIRECTOR 1.00
Director
$0 $0 $0
NAOMI PARR MILLEN DIRECTOR 1.00
Director
$0 $0 $0
LIESL PEREIRA DIRECTOR 1.00
Director
$0 $0 $0
BIANCA PIZZINO DIRECTOR 1.00
Director
$0 $0 $0
MARTIN ROTH DIRECTOR 1.00
Director
$0 $0 $0
HILLARY SCOTT DIRECTOR 1.00
Director
$0 $0 $0
ELLEN TOOBIN DIRECTOR 1.00
Director
$0 $0 $0
RENEE ZIPPRICH DIRECTOR 1.00
Director
$0 $0 $0
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 $639,380 $633,946 $624,529 $5,434
2024 $683,348 $686,859 $624,529 $-3,511
2023 $614,270 $636,754 $668,950 $-22,484
2023 $615,272 $637,756 $668,950 $-22,484
2022 $568,352 $665,106 $740,285 $-96,754
2021 $609,694 $707,659 $839,367 $-97,965
2020 $612,000 $722,653 $1,079,773 $-110,653
2019 $427,276 $70,520 $1,175,220 $356,756
2018 $547,464 $147,283 $793,634 $400,181
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