HMedical ResearchEIN: 366132046· Ruling Year: 1965

Ada Foundation

Chicago, Illinois

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$3.1M
Total Revenue
📊
$1.6M
Total Expenses
🏦
$15.9M
Net Assets
📋
$931K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+229.6%
Year-over-year change (2022 → 2023)
Net Margin
+47.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.80
Net assets divided by total expenses
Liabilities-to-Assets
5.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,094,822230%$1,618,3891%$16,784,7344%
2022$938,92447%$1,634,85529%$16,128,12917%
2021$1,770,29650%$2,298,79356%$19,546,8952%
2020$1,183,67581%$5,190,93641%$19,957,67611%
2019$6,073,93519%$8,761,7741%$22,314,9755%
2018$7,458,0283%$8,868,9482%$23,521,01514%
2017$7,216,84317%$9,015,99112%$27,468,7483%
2016$6,192,89130%$8,080,8339%$26,724,9234%
2015$8,904,85655%$7,445,18422%$27,885,72511%
2014$5,758,68110%$6,114,97520%$31,300,5633%
2013$6,371,924$5,093,97310%$32,217,74621%
2012$6,352,78315%$5,655,45627%$26,631,96514%
2011$7,511,489$7,795,116$23,259,667

Frequently Asked Questions

What does Ada Foundation do?

Ada Foundation is a medical research nonprofit organization based in Illinois. It is classified under NTEE code H03 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ada Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Ada Foundation has a score of 78/100 (Grade: A-). 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 Ada Foundation generate?

Ada Foundation reports $2.1M in annual revenue and holds $16.7M in total assets, based on IRS filings.

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