Healthcare Financial Management Association
Downers Grove, Illinois
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 111 peers in Unclassified with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $23,281,002↓10% | $23,648,519↑9% | $23,035,589↑9% | |
| 2022 | $26,004,256↑23% | $21,763,231↑12% | $21,103,876↑1% | — |
| 2021 | $21,177,415↓2% | $19,414,826↓15% | $20,881,092↑10% | — |
| 2020 | $21,581,157↑8% | $22,832,661↓9% | $18,930,478↓15% | — |
| 2019 | $19,958,977↓7% | $25,177,243↑7% | $22,253,848↓11% | — |
| 2018 | $21,381,270↓16% | $23,630,101↓6% | $24,870,416↓3% | — |
| 2017 | $25,408,290↑1% | $25,232,327↑2% | $25,543,495↑4% | — |
| 2016 | $25,259,955↓2% | $24,818,307 | $24,529,733↑1% | — |
| 2015 | $25,833,166↑4% | $24,896,828↑2% | $24,277,875↓3% | — |
| 2014 | $24,870,968↑1% | $24,395,233↑11% | $25,103,618↑4% | — |
| 2013 | $24,555,519↑23% | $22,030,841↑5% | $24,079,230↑15% | — |
| 2012 | $20,015,702↑2% | $20,935,854↑4% | $20,927,916 | — |
| 2011 | $19,530,782 | $20,220,883 | $20,994,227 | — |
Frequently Asked Questions
What does Healthcare Financial Management Association do?▼
Healthcare Financial Management Association is a unclassified nonprofit organization based in Illinois. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Healthcare Financial Management Association financially healthy?▼
Based on our 9-metric Financial Health Score model, Healthcare Financial Management Association has a score of 54/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Healthcare Financial Management Association generate?▼
Healthcare Financial Management Association reports $25.9M in annual revenue and holds $25.0M in total assets, based on IRS filings.
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