Northwestern Memorial Healthcare
EIN: 364310557 · Chicago, IL · NTEE: E22
| Metric | Value |
|---|---|
| Total Expenses | $4.4M |
| Net Assets | $2.7M |
Is Northwestern Memorial Healthcare Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Northwestern Memorial Healthcare
Northwestern Memorial Healthcare (EIN: 364310557) is a nonprofit organization based in Chicago, IL, classified under NTEE code E22. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northwestern Memorial Healthcare's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northwestern Memorial Healthcare is a mid-size nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $4.4M |
| Surplus / Deficit | $-1,270,232 |
| Total Assets | $9.6M |
| Total Liabilities | $6.9M |
| Net Assets | $2.7M |
| Operating Margin | -41.0% |
| Debt-to-Asset Ratio | 71.5% |
| Months of Reserves | 26.4 months |
Financial Health Grade: C
In 2019, Northwestern Memorial Healthcare reported a deficit of $1.3M with expenses exceeding revenue, holds 26.4 months of operating reserves (strong position), has a debt-to-asset ratio of 71.5% (high leverage).
Financial Trends
Over 10 years of filings (2011–2019), Northwestern Memorial Healthcare's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +2.5% | -4.4% | +41.9% |
| 2018 | -28.2% | +3.1% | +16.7% |
| 2017 | +3.3% | +20.5% | -10.3% |
| 2016 | -8.4% | +6.7% | +11.5% |
| 2015 | +495.1% | +591.4% | +21.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Northwestern Memorial Healthcare has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Northwestern Memorial Healthcare with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 71.5%.
Frequently Asked Questions about Northwestern Memorial Healthcare
Is Northwestern Memorial Healthcare a legitimate charity?
Northwestern Memorial Healthcare (EIN: 364310557) is a registered tax-exempt nonprofit based in Illinois. It has 10 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Northwestern Memorial Healthcare spend its money?
Northwestern Memorial Healthcare reported its financials in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Northwestern Memorial Healthcare tax-deductible?
Northwestern Memorial Healthcare is registered as a tax-exempt nonprofit (EIN: 364310557). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Northwestern Memorial Healthcare located?
Northwestern Memorial Healthcare is headquartered in Chicago, Illinois and files with the IRS under EIN 364310557. It is classified under NTEE code E22.
How many years of IRS 990 filings does Northwestern Memorial Healthcare have?
Northwestern Memorial Healthcare has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Northwestern Memorial Healthcare showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2019), Northwestern Memorial Healthcare's revenue has grown by 84.3%, moving from $1.7M to $3.1M. Total assets increased by 241.4% over the same period, from $2.8M to $9.6M. Total functional expenses rose by 54.6%, from $2.8M to $4.4M. In its most recent filing year (2019), Northwestern Memorial Healthcare reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $6.9M in liabilities against $9.6M in assets (debt-to-asset ratio: 71.5%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $3.1M | $4.4M | $9.6M | $6.9M | — | View 990 |
| 2018 | $3.0M | $4.6M | $6.8M | $2.8M | — | View 990 |
| 2017 | $4.2M | $4.4M | $5.8M | $242K | — | View 990 |
| 2016 | $4.1M | $3.7M | $6.5M | $688K | — | View 990 |
| 2015 | $4.4M | $3.4M | $5.8M | $416K | — | View 990 |
| 2014 | $747K | $498K | $4.8M | $345K | — | View 990 |
| 2014 | $3.5M | $2.7M | $4.5M | $345K | — | View 990 |
| 2013 | $3.2M | $2.8M | $3.5M | $229K | — | View 990 |
| 2012 | $4.3M | $3.5M | $3.0M | $3K | — | View 990 |
| 2011 | $1.7M | $2.8M | $2.8M | $649K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $3.1M, expenses of $4.4M, and assets of $9.6M (revenue +2.5% year-over-year).
- 2018: Revenue of $3.0M, expenses of $4.6M, and assets of $6.8M (revenue -28.2% year-over-year).
- 2017: Revenue of $4.2M, expenses of $4.4M, and assets of $5.8M (revenue +3.3% year-over-year).
- 2016: Revenue of $4.1M, expenses of $3.7M, and assets of $6.5M (revenue -8.4% year-over-year).
- 2015: Revenue of $4.4M, expenses of $3.4M, and assets of $5.8M (revenue +495.1% year-over-year).
- 2014: Revenue of $747K, expenses of $498K, and assets of $4.8M (revenue -78.8% year-over-year).
- 2014: Revenue of $3.5M, expenses of $2.7M, and assets of $4.5M (revenue +11.3% year-over-year).
- 2013: Revenue of $3.2M, expenses of $2.8M, and assets of $3.5M (revenue -27.0% year-over-year).
- 2012: Revenue of $4.3M, expenses of $3.5M, and assets of $3.0M (revenue +158.6% year-over-year).
- 2011: Revenue of $1.7M, expenses of $2.8M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northwestern Memorial Healthcare:
Data Sources and Methodology
This transparency report for Northwestern Memorial Healthcare is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.