Rosalind Franklin University Health Clinics

EIN: 770691998 501(c)(3) Health Care

NORTH CHICAGO, IL

Total Revenue
$4,529,039
Total Expenses
$7,869,711
Total Assets
$1,215,195
Net Assets
$-35,422,542
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
IL
Phone
8475783000
Tax Period
2023-07-01 to 2024-06-30

Rosalind Franklin University Health Clinics, founded in 2007, is a community nonprofit in the Health Care sector that reported $4.1M in total revenue in fiscal year 2017. Revenue decreased 16% compared to the prior year. Expenses of $7.0M exceeded revenue, resulting in a 70% operating deficit.

Mission

The Rosalind Franklin University Health Clinics ("RFUHC") provides expert care in podiatric medicine, reproductive medicine and immunology, and behavioral health (psychiatry and psychology). RFUHC also provides direct patient care training to medical and health care students under the supervision and guidance of clinical faculty and staff, through observation and direct patient interaction.

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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 $989,469
Program Service Revenue $3,539,570
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,529,039

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,220,895
Fundraising Expenses $0
Program Expenses $6,949,277
Other Expenses $1,648,816
TOTAL EXPENSES $7,869,711

Year-over-Year Comparison

2023 2022 Change
Revenue $4,529,039 $3,646,298 +0.2%
Expenses $7,869,711 $6,154,890 +0.3%
Net Income $-3,340,672 $-2,508,592 +0.3%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
77
Volunteers
6

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
5
$438,494
Total Directors
7
$1,029,713
Key Employees
1
$265,601
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR CHERYL KRAFF-COOPER TRUSTEE/CHAIR 2.0
Officer Director
$0 $0 $0
DR JOHN GRADY TRUSTEE/SECRETARY (AS OF JUNE 2024) 2.0
Officer Director
$0 $0 $0
MR ERNEST VASSEUR TRUSTEE/SECRETARY (THROUGH JUNE 2024) 2.0
Officer Director
$0 $0 $0
MR FRANK MYNARD TRUSTEE/TREASURER 2.0
Officer Director
$0 $0 $0
DR WENDY RHEAULT EXEC DIR/TRUSTEE/ RFUMS PRESIDENT & CEO 2.0
Director
$0 $53,278 $1,029,713
MR MARTIN MANNING TRUSTEE (AS OF JUNE 2024) 2.0
Director
$0 $0 $0
MS MEGHAN WOLTMAN TRUSTEE (AS OF JUNE 2024) 2.0
Director
$0 $0 $0
MR GAVIN FARRY RFUMS CFO 2.0
Officer
$0 $57,277 $438,494
MR JEFFREY ESPINA VP, CLINICAL SERVICES 40.0
Key Emp
$259,645 $5,956 $265,601
DR JOANNE KWAK-KIM PHYSICIAN 40.0
Highest
$280,957 $62,317 $343,274
DR LIN LU PHYSICIAN 40.0
Highest
$288,998 $54,186 $343,184
DR MARTIN YORATH MEDICAL DIRECTOR 40.0
Highest
$205,906 $27,399 $284,526
DR SILU LOHANI PSYCHIATRIST 40.0
Highest
$210,015 $66,705 $276,720
MS GUADALUPE RODRIGUEZ EXEC DIR, COMMUNITY HEALTH ENGAGEMENT 40.0
Highest
$177,557 $31,984 $209,541
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
2025 No data No data No data No data
2024 $4,529,039 $7,869,711 $1,215,195 $-3,340,672
2023 $3,646,298 $6,154,890 $1,243,564 $-2,508,592
2022 $3,513,924 $7,101,628 $2,240,281 $-3,587,704
2021 $3,540,211 $6,156,938 $2,094,803 $-2,616,727
2020 $4,889,677 $7,012,591 $831,089 $-2,122,914
2019 $3,600,107 $6,626,833 $428,181 $-3,026,726
2018 $4,113,442 $6,991,859 $291,795 $-2,878,417
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