Patient Innovation Center Nfp
EIN: 473936652 · Chicago, IL · NTEE: E01
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.8M |
| Net Assets | $110K |
Is Patient Innovation Center Nfp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Patient Innovation Center Nfp
Patient Innovation Center Nfp (EIN: 473936652) is a nonprofit organization based in Chicago, IL, classified under NTEE code E01. The organization reported total revenue of $2.0M and total assets of $261K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Patient Innovation Center Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Patient Innovation Center Nfp is a mid-size nonprofit that has been operating for 11 years, with 2 years of IRS 990 filings on record (2015–2016). Revenue has grown at a compound annual rate of 666493.0%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$176K |
| Total Assets | $261K |
| Total Liabilities | $151K |
| Net Assets | $110K |
| Operating Margin | 8.8% |
| Debt-to-Asset Ratio | 57.8% |
| Months of Reserves | 1.7 months |
Financial Health Grade: B
In 2016, Patient Innovation Center Nfp reported a surplus of $176K with revenue exceeding expenses, holds 1.7 months of operating reserves (limited), has a debt-to-asset ratio of 57.8% (high leverage).
Financial Trends
Over 2 years of filings (2015–2016), Patient Innovation Center Nfp's revenue has grown at a compound annual growth rate (CAGR) of 666493.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +666493.0% | +1193.0% | +2739.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Patient Innovation Center Nfp 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 Patient Innovation Center Nfp 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $176K, with revenue exceeding expenses.
- Debt-to-asset ratio: 57.8%.
Frequently Asked Questions about Patient Innovation Center Nfp
Is Patient Innovation Center Nfp a legitimate charity?
Patient Innovation Center Nfp (EIN: 473936652) is a registered tax-exempt nonprofit based in Illinois. It has 2 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. Financial health grade: B.
How does Patient Innovation Center Nfp spend its money?
Patient Innovation Center Nfp reported $2.0M in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Patient Innovation Center Nfp tax-deductible?
Patient Innovation Center Nfp is registered as a tax-exempt nonprofit (EIN: 473936652). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Patient Innovation Center Nfp located?
Patient Innovation Center Nfp is headquartered in Chicago, Illinois and files with the IRS under EIN 473936652. It is classified under NTEE code E01.
How many years of IRS 990 filings does Patient Innovation Center Nfp have?
Patient Innovation Center Nfp has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.0M in total revenue.
Filing History
IRS 990 filing history for Patient Innovation Center Nfp showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2015–2016), Patient Innovation Center Nfp's revenue has grown by 666493%, moving from $300 to $2.0M. Total assets increased by 2739.6% over the same period, from $9K to $261K. Total functional expenses rose by 1193%, from $141K to $1.8M. In its most recent filing year (2016), Patient Innovation Center Nfp reported a surplus of $176K, with revenue exceeding expenses. The organization holds $151K in liabilities against $261K in assets (debt-to-asset ratio: 57.8%), resulting in net assets of $110K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $2.0M | $1.8M | $261K | $151K | — | — |
| 2015 | $300 | $141K | $9K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Patient Innovation Center Nfp:
Data Sources and Methodology
This transparency report for Patient Innovation Center Nfp 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.