Civic Intelligence

Friends of Prentice

990 • Fiscal year 2015 • EIN 36-3930139

Sep 01, 2014 to Aug 31, 2015 • Filed on Feb 28, 2016

Organization ProfileWWW.FRIENDSOFPRENTICE.ORG
251 E Huron St Galter Pav 3-200Chicago, IL 60611

(312) 926-2033

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

1.21x

Higher debt load relative to assets than 94% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

27.91x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

9th percentile

-36%

Higher net margin than 9% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

18th percentile

-6.7%

Faster asset growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

1st percentile

-82%

Faster revenue growth than 1% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$2,114,710

Down $151,157 (-6.7%) from 2014

Net Assets

Down

-$445,936

Down $101,619 (-30%) from 2014

Liabilities

Down

$2,560,646

Down $49,538 (-1.9%) from 2014

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin9th percentile

Revenue

Down

$91,761

Down $431,492 (-82%) from 2014

Expenses

Down

$124,400

Down $154,078 (-55%) from 2014

Net Income

Down

-$32,639

Down $277,414 (-113%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2012: $1,812,955Liabilities 2012: $354,587Net Assets 2012: $1,458,3682012Assets 2013: $1,870,965Liabilities 2013: $2,480,800Net Assets 2013: -$609,8352013Assets 2014: $2,265,867Liabilities 2014: $2,610,184Net Assets 2014: -$344,3172014Assets 2015: $2,114,710Liabilities 2015: $2,560,646Net Assets 2015: -$445,9362015Assets 2016: $2,097,334Liabilities 2016: $1,991,912Net Assets 2016: $105,4222016Assets 2017: $673,395Liabilities 2017: $1,378,514Net Assets 2017: -$705,1192017Assets 2018: $793,634Liabilities 2018: $1,098,572Net Assets 2018: -$304,9382018Assets 2019: $1,175,220Liabilities 2019: $668,589Net Assets 2019: $506,6312019Assets 2020: $1,079,773Liabilities 2020: $683,795Net Assets 2020: $395,9782020Assets 2021: $839,367Liabilities 2021: $541,354Net Assets 2021: $298,0132021Assets 2022: $740,285Liabilities 2022: $539,026Net Assets 2022: $201,2592022Assets 2023: $668,950Liabilities 2023: $490,175Net Assets 2023: $178,7752023Assets 2024: $624,529Liabilities 2024: $449,265Net Assets 2024: $175,2642024

Highlighted filing

2015

Assets$2,114,710
Liabilities$2,560,646
Net Assets-$445,936
Open 2015 Filing

Operations Trend

Revenue Growth1st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $1,173,8542012Expenses 2013: $2,748,5402013Revenue 2014: $523,253Expenses 2014: $278,478Net Income 2014: $244,7752014Revenue 2015: $91,761Expenses 2015: $124,400Net Income 2015: -$32,6392015Revenue 2016: $765,816Expenses 2016: $232,074Net Income 2016: $533,7422016Revenue 2017: $572,746Expenses 2017: $1,384,537Net Income 2017: -$811,7912017Revenue 2018: $547,464Expenses 2018: $147,283Net Income 2018: $400,1812018Revenue 2019: $427,276Expenses 2019: $70,520Net Income 2019: $356,7562019Revenue 2020: $612,000Expenses 2020: $722,653Net Income 2020: -$110,6532020Revenue 2021: $609,694Expenses 2021: $707,659Net Income 2021: -$97,9652021Revenue 2022: $568,352Expenses 2022: $665,106Net Income 2022: -$96,7542022Revenue 2023: $615,272Expenses 2023: $637,756Net Income 2023: -$22,4842023Revenue 2024: $683,348Expenses 2024: $686,859Net Income 2024: -$3,5112024

Highlighted filing

2015

Revenue$91,761
Expenses$124,400
Net Income-$32,639
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Feb 28, 2016
Return Version
2014v6.0
Gross Receipts
$91,761
Mission and Program Overview

Mission

The friends of prentice is a support group of the prentice women's hospital and maternity center of the northwestern memorial hospital dedicated to raising funds that are critical to the hospital's initiatives.

The friends of prentice is a support group of the prentice women's hospital and maternity center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,675,190$1,674,789▼ $401
Cash and Non-Interest-Bearing Accounts$590,677$263,369▼ $327,308
Accounts Receivable$0$85,726▲ $85,726
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$2,265,867$2,114,710▼ $151,157
Other Assets Total$0$90,826▲ $90,826
Liabilities
Other Liabilities$2,607,266$2,195,498▼ $411,768
Deferred Revenue$0$365,148▲ $365,148
Accounts Payable and Accrued Expenses$2,918$0▼ $2,918
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,610,184$2,560,646▼ $49,538
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-344,317$-445,936▼ $101,619
Total Net Assets Fund Balance$-344,317$-445,936▼ $101,619
Total Liabilities and Net Assets / Fund Balance$2,265,867$2,114,710▼ $151,157
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Julie VaNDER WEELEPresident
Trina Gordon McallistervicE PRESIDENT CORP
Donna Kaner SocolVice President Gala
Sharyl MackeyVice President Gala
Catherine D NARDIVice PRESIDENT GRANT
CheryL SKENDERVice President Grant
Linda MyersVice President Membe
Natalie BrownVice President Membe
Connie LindseyVice President Phila
Laura LingerVice President Phila
WenDY FREYERVice President Secre
Patricia H HendersonVice President Strat
ChristoPHER NEWTONVice President Treas
Adam SnyderDIRector
Alice Lin GreeneDIRector
Anke FelderDirector
Brittany a SmithDIRector
CeciL BOOTHDirector
Elena M KAMEL MDDirector
Erica GoldmanDirector
J Alex JACOBSONDirector
Jennifer ButschDirector
Joanne F AbeleDirector
Kathryn M CarterDirector
Kay O'HALLERANDirector
Kelly K PenryDirector
Kimberly DietzDirector
Kimberly Kenton Md MsDIRector
Lee P GolubDirector
Lee P ShULMAN MDDirector
Lisa TRIMBERGERDirector
Lynn McgovernDIRector
Mark W HALLERDirector
Mary L GALLODirector
Meghan GillDIRector
Melissa S Simon Md MphDIRector
MichaEL B ARRINGTONDirector
Michael C BorderSDirector
Michael L SOCOL MDDirector
Michael P WalshDIRector
Peter G KRIVKOVICHDirector
Randy FIFIELDDirector
SerdaR E BULUN MDDirector
Stanley M PillmanDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$23,154
Program Service Revenue
$0
Investment Income
$68,607
Other Revenue
$0
All Other Contributions
$23,154
Change in Net Assets
$-32,639

Audited Revenue Reconciliation

Revenue per Audited Statements
$91,761
Revenue Not Reported on Form 990
$-68,980
Total Revenue per Audited Statements
$22,781
Total Revenue per Form 990
$91,761
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$108,816
Other Expenses$15,584
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$108,816--$108,816
Office Expenses$7,405--$7,405
Fees for Services Accounting$6,800$0$0$6,800
Insurance$1,379--$1,379
Total Functional Expenses$124,400$0$0$124,400

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$124,400
Total Expenses per Audited Statements$124,400
Total Expenses per Form 990$124,400
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
PRENTICE WOMEN'S HOSPITAL OF NORTHWChicago, IL501(c)(3)Quality Healthcare$108,816
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pledges Payable$2,195,498
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“Form 990 provided to officers prior to filing. Approved by treasurer and president prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Employees required to take ethical examination annually.”

Form 990, Part VI, Section C, Line 19

“All available upon request.”

Filing and Contact Details

Filer

Filer Name
Friends of Prentice
EIN
36-3930139
In Care Of
% THE ORGANIZATION
Phone
3129262033
Address
251 E Huron St Galter Pav 3-200, Chicago, IL 60611

Signing Officer

Name
Christopher Newton
Title
Treasurer
Phone
3129262033
Signed
2016-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Newton
Formed
1986
Legal Domicile
Il
Voting Board Members
47
Independent Board Members
47
Employees
0

Preparer

Firm
Bkd Llp
Address
1901 S Meyers Road Suite 500, Oakbrook Terrace, IL 60181-5209
Preparer
David R Siehoff
Phone
6302829500
Supplemental Narrative

Financial Statement Notes

Part X, Line 2

“The organization recognizes the financial statement impact of a tax position when it is more likely than not that the position will be sustained upon examination.”

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IRS990/Form990PartVIISectionAGrp/PersonNm34Julie VaNDER WEELE
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IRS990/Form990PartVIISectionAGrp/PersonNm36Patricia H Henderson
IRS990/Form990PartVIISectionAGrp/PersonNm37NATALIE BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm38Laura Linger
IRS990/Form990PartVIISectionAGrp/PersonNm39Sharyl Mackey
IRS990/Form990PartVIISectionAGrp/PersonNm40Linda Myers
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IRS990/Form990PartVIISectionAGrp/PersonNm42CONNIE LINDSEY
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IRS990/Form990PartVIISectionAGrp/TitleTxt40VICE PRESIDENT MEMBE
IRS990/Form990PartVIISectionAGrp/TitleTxt41VICE PRESIDENT GRANT
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Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,114,710
Liabilities
$2,560,646
Net assets
-$445,936
Revenue
$91,761
Expenses
$124,400
Net income
-$32,639
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.62$0.45$0.18$0.68$0.69$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.67$0.49$0.18$0.62$0.64$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.74$0.54$0.20$0.57$0.67$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.84$0.54$0.30$0.61$0.71$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.08$0.68$0.40$0.61$0.72$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.18$0.67$0.51$0.43$0.07$0.36
2018Detailed filing. Detailed filing data is available for this year.$0.79$1.10$0.30$0.55$0.15$0.40
2017Detailed filing. Detailed filing data is available for this year.$0.67$1.38$0.71$0.57$1.38$0.81
2016Detailed filing. Detailed filing data is available for this year.$2.10$1.99$0.11$0.77$0.23$0.53
2015Detailed filing. Detailed filing data is available for this year.$2.11$2.56$0.45$0.09$0.12$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.27$2.61$0.34$0.52$0.28$0.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$2.48$0.61$2.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.35$1.46$1.17