RICHARD NORDSTROM CHARITABLE TRUST XXXXX3008

EIN: 366036931

CHICAGO, IL

Total Revenue
$140,008
Total Expenses
$21,857
Total Assets
$606,342
Net Assets
$606,342
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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
1952
Legal Domicile
IL
Phone
8004962583
Tax Period
2024-01-01 to 2024-12-31

RICHARD NORDSTROM CHARITABLE TRUST XXXXX3008, founded in 1952, is a small nonprofit that reported $140K in total revenue in fiscal year 2024. Revenue surged 329% from the prior year, signaling strong growth momentum. The organization ran a surplus of $118K, a strong 84% operating margin.

Mission

MEDICAL ASSISTANCE FOR RESIDENTS OF THE CITY OF HIGHWOOD UNABLE TO PAY FOR THEIR CARE AT HIGHWOOD HOSPITAL

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $140,008
Other Revenue $0
TOTAL REVENUE $140,008

Expense Breakdown

Grants Paid $14,471
Salaries & Benefits $6,944
Fundraising Expenses $0
Program Expenses $17,796
Other Expenses $442
TOTAL EXPENSES $21,857

Year-over-Year Comparison

2024 2023 Change
Revenue $140,008 $32,629 +3.3%
Expenses $21,857 $9,545 +1.3%
Net Income $118,151 $23,084 +4.1%
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
1
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 2.0
$6,944 $0 $6,944
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 $140,008 $21,857 $606,342 $118,151
2023 $32,629 $9,545 $482,729 $23,084
2022 $24,672 $11,861 $462,514 $12,811
2021 $43,277 $63,807 $448,592 $-20,530
2020 $35,632 $10,504 $469,746 $25,128
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