North Shore Health Care Foundation (EIN 411694904) - 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

1991

Legal Domicile

Principal Officer

INGER ANDRESS

Phone

2183879076

Tax Period

2023-01-01 to 2023-12-31

North Shore Health Care Foundation, founded in 1991, is a small nonprofit in the Health Care sector that reported $309K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $352K exceeded revenue, resulting in a 14% operating deficit.

Mission

To expand equitable health care and healthy living in Cook County and champion solutions through funding education and advocacy

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $283,420

Program Service Revenue $0

Investment Income $25,180

Other Revenue $0

TOTAL REVENUE $308,600

Expense Breakdown

Grants Paid $130,234

Salaries & Benefits $138,273

Fundraising Expenses $48,861

Program Expenses $281,862

Other Expenses $83,537

TOTAL EXPENSES $352,044

Year-over-Year Comparison

	2023	2022	Change
Revenue	$308,600	$341,295	-0.1%
Expenses	$352,044	$346,975	+0.0%
Net Income	$-43,444	$-5,680	+6.6%

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

Governance

Voting Members

Independent Members

Employees

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

$78,030

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VALERIE MARASCO ELIASEN	Executive Director	40.00	Officer	$78,030	$0	$78,030
INGER ANDRESS	President	1.000	Director	$0	$0	$0
MIKE BOOMER	Treasurer	1.000	Director	$0	$0	$0
PATTY LANEY	Secretary	1.000	Director	$0	$0	$0
BARB BERNARDY-ROSE	member	1.000	Director	$0	$0	$0
ANNA CARIAD-BARRETT	member	1.000	Director	$0	$0	$0
MICHAEL HERO	member	1.000	Director	$0	$0	$0
CORALYN KOSCHINSKA	member	1.000	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	No data	No data	No data	No data
2023	$308,600	$352,044	$896,428	$-43,444
2022	$341,295	$346,975	$850,530	$-5,680
2021	$193,584	$231,766	$974,634	$-38,182
2020	$270,120	$294,254	$921,198	$-24,134
2019	$239,258	$259,768	$810,360	$-20,510
2018	$211,773	$266,739	$737,039	$-54,966

North Shore Health Care Foundation