Overview
What is Friends Of Prentice?
Friends of Prentice is a nonprofit organization based in Chicago, Illinois, specifically located at 1850 N Sedgwick. Their primary mission is to collaborate with Northwestern Medicine Prentice Women's Hospital to enhance the standard of women's healthcare. They achieve this by investing in innovative technologies and medical advancements. Friends of Prentice plays an instrumental role in improving women's health by partnering with the renowned hospital to drive progress in this critical field.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating. This rating is derived solely from the Accountability & Finance beacon, reflecting a significant emphasis on the nonprofit’s financial practices and governance. The charity has demonstrated solid performance in various accountability measures, underscoring a well-structured board and adherence to conflict of interest policies.
The organization boasts a fully independent board, scoring 8 out of 8 points, and has a strong audit committee, receiving full marks in that area as well. Additionally, the program expense ratio is commendable at 76.19%, indicating a substantial portion of funds directed toward their programs. These strengths illustrate a commitment to fiscal responsibility and transparent operations.
However, the organization did experience challenges with its liabilities to assets ratio, scoring 0 out of 15 points. This suggests potential financial issues that may need to be addressed. Overall, while Friends Of Prentice shows strong governance and program expenditure, the financial health indicated by its liabilities could be a concern for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Prentice legitimate?
Friends Of Prentice is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Prentice submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $153,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Friends Of Prentice?
Friends of Prentice collaborates with Northwestern Medicine Prentice Women's Hospital to enhance the standard of women's healthcare. They achieve this by investing in emerging technologies and medical advancements. The organization's primary goal is to improve women's health care by supporting cutting-edge research and technologies. This partnership aims to provide better healthcare services and outcomes for women. Friends of Prentice contributes to advancing women's health care in various ways, ensuring that women have access to the most up-to-date treatments and care.
Who is the CEO of Friends Of Prentice?
Michael Borders is the Principal Officer of Friends Of Prentice.
What is the revenue of Friends Of Prentice?
Friends Of Prentice's revenue in 2022 was $568,352.
Who are the executives of Friends Of Prentice and what are their salaries?
There 4 volunteers at Friends Of Prentice.
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Where can I find the form 990 for Friends Of Prentice?
Friends Of Prentice's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Prentice
Friends of Prentice, a renowned organization, collaborates with Northwestern Medicine Prentice Women's Hospital with the primary goal of enhancing the standard of women's healthcare. By investing in emerging technologies and medical advancements, Friends of Prentice aims to contribute significantly to this mission. This partnership allows the organization to stay at the forefront of medical innovations, ultimately improving the quality of care provided to women. By working in tandem, the two entities strive to set new benchmarks in women's healthcare, ensuring that women have access to the most advanced medical treatments and technologies.
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Impact
July, 2024
Friends of Prentice's impact can be seen in the advancements made in women's healthcare at Northwestern Medicine Prentice Women's Hospital. By investing in emerging technologies and medical advancements, Friends of Prentice has played a crucial role in improving the quality of healthcare services available to women in the Chicago area. Their partnership with the hospital has helped to enhance the care and treatment options for women, ultimately leading to better health outcomes and a higher standard of care.
This information is meant to be a general summary of Friends Of Prentice. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7
- Gross Receipts: $613,910
Assets and Liabilities:
- Total Assets: $740,285
- Total Liabilities: $539,026
- Net Assets: $201,259
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Organization Details
Founding Year
1986
Phone
(815) 355-0763Principal Officer
Michael Borders
Main Address
1850 N SEDGWICK, CHICAGO, IL, 60614
NTEE Category
Code: E11 - Health
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