AHIMA Foundation

EIN: 510245159 501(c)(3) Education

Chicago, IL

Total Revenue
$511,841
Total Expenses
$1,644,244
Total Assets
$4,571,388
Net Assets
$2,715,250
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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
1962
Legal Domicile
IL
Phone
3122331100
Tax Period
2023-01-01 to 2023-12-31

AHIMA FOUNDATION, founded in 1962, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2018. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $216K, a strong 16% operating margin.

Mission

AHIMA FOUNDATION IS A 501(C)(3) NONPROFIT ORGANIZATION AND PHILANTHROPIC ARM OF THE AMERICAN HEALTH INFORMATION MANAGEMENT ASSOCIATION (AHIMA) DEDICATED TO ADVANCING HEALTH TO TRANSFORM LIVES.

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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 $412,170
Program Service Revenue $0
Investment Income $93,920
Other Revenue $5,751
TOTAL REVENUE $511,841

Expense Breakdown

Grants Paid $96,000
Salaries & Benefits $476,993
Fundraising Expenses $56,405
Program Expenses $175,062
Other Expenses $1,071,251
TOTAL EXPENSES $1,644,244

Year-over-Year Comparison

2023 2022 Change
Revenue $511,841 $2,187,953 -0.8%
Expenses $1,644,244 $2,367,549 -0.3%
Net Income $-1,132,403 $-179,596 +5.3%
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
12
Independent Members
11
Employees
5
Volunteers
25

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
10
$1,584,217
Total Directors
12
$30,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Past Chair 4.0
Officer Director
$0 $0 $0
N/A AHIMA Chair 4.0
Officer Director
$0 $0 $30,000
N/A FDN Chair 6.0
Officer Director
$0 $0 $0
N/A Chair elect 4.0
Officer Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A Interim CEO 6.0
Officer
$0 $28,647 $465,097
N/A Executive Director 1/1/23-1/18/23 40.0
Officer
$81,797 $960 $82,757
N/A VP, Finance 6.0
Officer
$0 $18,433 $289,109
N/A General Counsel 6.0
Officer
$0 $28,743 $304,939
N/A Interim Executive Director 1/19/23-7/1/23 40.0
Officer
$102,000 $0 $102,000
N/A Interim Executive Director 7/2/23-12/31/23 12.0
Officer
$0 $20,489 $310,315
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 $511,841 $1,644,244 $4,571,388 $-1,132,403
2022 $2,187,953 $2,367,549 $3,119,262 $-179,596
2022 $2,187,953 $2,367,549 $3,119,262 $-179,596
2021 $2,859,204 $2,087,869 $4,471,874 $771,335
2020 $713,212 $2,009,326 $3,205,545 $-1,296,114
2019 $2,136,240 $2,459,896 $3,233,875 $-323,656
2018 $1,317,840 $1,102,218 $3,272,682 $215,622
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