CHICAGO BILINGUAL NURSE CONSORTIUM
Mission Statement
Mission and Goals: The Chicago Bilingual Nurse Consortium (CBNC), a 501(c)(3) non-for profit organization, serves and supports internationally educated nurses (IENs) who have immigrated to the United States. It is our belief that the integration of these nurses into the local workforce helps to reduce the shortage of registered professional bilingual nurses and improve culturally sensitive patient care and safety. “Our Mission is to increase the number of internationally educated nurses for practice as bilingual, bicultural nurses in metropolitan Chicago and surrounding communities through advocacy, education, and supportive services.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
0.0% | 84.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.4 mo | 8.1 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 4.1% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 95.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-88.5% | 10.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
62.5% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-433.7% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $23K | $125K | $4K | 0.0% | — |
| 2022 | $204K | $77K | N/A | — | 1 |
| 2021 | $105K | $99K | N/A | — | 1 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.