HEAL CHICAGO

EIN: 863159975 501(c)(3) Public & Societal Benefit

CHICAGO, IL

Total Revenue
$92,171
Total Expenses
$68,358
Total Assets
$73,765
Net Assets
$73,765
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
IL
Principal Officer
JEANNE M MCINERNEY
Phone
7089559298
Tax Period
2024-01-01 to 2024-12-31

HEAL CHICAGO, founded in 2021, is a micro nonprofit in the Public & Societal Benefit sector that reported $92K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $24K, a strong 26% operating margin.

Mission

ADDRESS THE IMPACT OF SYSTEMIC RACISM AND MISTRUST BY EQUIPPING EVERYDAY CITIZENS WITH THE SKILLS NECESSARY TO ENGAGE ONE ANOTHER AND FOSTER MEANINGFUL CONNECTIONS THAT PROMOTE RECOVERY AND RESILIENCE. HEAL CHICAGO IS ROOTED IN THE BELIEF THAT RECOVERY HAPPENS IN RELATIONSHIP AND THROUGH THE SHARING OF OUR STORIES, AND THAT UNITED COMMUNITIES ARE HEALTHY COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $61,258

1) THE CHARITABLE ORGANIZATION PROVIDES FREE, SIX WEEK CAREGIVER SUPPORT PROGRAMS. HEAL CHICAGO RAN FOUR COHORTS THIS YEAR SERVING APPROXIMATELY 80 CAREGIVERS. THE PROGRAM OFFERS EMOTIONAL RESILIENCE...

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1) THE CHARITABLE ORGANIZATION PROVIDES FREE, SIX WEEK CAREGIVER SUPPORT PROGRAMS. HEAL CHICAGO RAN FOUR COHORTS THIS YEAR SERVING APPROXIMATELY 80 CAREGIVERS. THE PROGRAM OFFERS EMOTIONAL RESILIENCE TRAINING, PRACTICAL CAREGIVER EDUCATION, RESOURCE GUIDANCE, AND CONNECTION TO A COMMUNITY OF CAREGIVERS 2) HEAL CHICAGO RUNS ANTI-MARGINALIZATION GROUPS FOR EMERGING AND ESTABLISHED PROFESSIONALS. THE ORGANIZATION RAN ONE FOUR WEEK TRAINING SESSION IN 2024 SERVING 20 PARTICIPANTS. THE ORGANIZATION ALSO RAN 4 PANELS OF EXPERTS TO DISCUSS CURRENT ISSUES SUCH AS ISRAEL/GAZA, AND WHAT DOES RACISM LOOK LIKE IN THE WORKPLACE IN 2024 COMPARED TO RIGHT AFTER GEORGE FLOYD. THE ORGANIZATION ALSO HOSTED THREE SOCIAL EVENTS TO CONNECT YOUNG PROFESSIONALS INTERESTED IN ANTI-MARGINALIZATION WORK. IN ADDITION THE ORGANIZATION ALSO TRAINED FOUR YOUNG PROFESSIONALS IN FACILITATION TECHNIQUES.

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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 $92,171
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $92,171

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $7,100
Program Expenses $61,258
Other Expenses $61,258
TOTAL EXPENSES $68,358

Year-over-Year Comparison

2024 2023 Change
Revenue $92,171 $124,937 -0.3%
Expenses $68,358 $77,911 -0.1%
Net Income $23,813 $47,026 -0.5%
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
6
Independent Members
6
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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICK FERRELL OFFICER 1.50
Officer
$0 $0 $0
JEANNE M MCINERNEY OFFICER 1.50
Officer
$0 $0 $0
KALINDI PARIKH OFFICER 1.50
Officer
$0 $0 $0
SYLVIA SACHAJ OFFICER 1.50
Officer
$0 $0 $0
DAVID SUDZUS OFFICER 1.50
Officer
$0 $0 $0
STEPHEN WATSON OFFICER 1.50
Officer
$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 $92,171 $68,358 $73,765 $23,813
2023 $124,937 $77,911 $49,952 $47,026
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