Norwood Life Society
Nonprofit profile at a glance
- EIN
- 562663863
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-EZ 2016, Form 990-N 2020
- Location
- Chicago, IL, USA
- Phone
- 7736314856
- Rating confidence
- Limited
- Sector
- Support N.E.C.
Reported finances
- Revenue
- $0
- Expenses
- $2,207
- Assets
- $2,870
- Liabilities
- $1,011
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- SILVIA MORICI (CEO)
Highest reported compensation
- SILVIA MORICI (CEO): $336,710 total reported compensation
- RICHARD STEFFENS (CFO): $274,826 total reported compensation
- MARY JO BADE (CORPORATE CLINICAL SERVICE): $231,422 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Norwood life society supports the operations of related nfp organizations.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 77
- Accountability: 100
- Sustainability: 10
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 1.3; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 2,624.6%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: -75% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: 3.7% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 23.4% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 0% of spending went to programs
- Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $337K · 14 people listed · 3 of 6 pay-setting controls reported
- Consistency: 14 of 14 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Related organizations: 6 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- High — Sustainability: Officer compensation ratio scored 1/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.