Support the Education of healthcare information technology professionals by receiving, raising, and administering funds for the purpose of granting scholarships to such persons.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $144K a year · 62% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
10 mo
of spending, in cash
Plus $793K in investments, Pt X · Ln 11–13
Looks good: 9.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$482K
42% of total assets
Looks good: liabilities are 42% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$106K
-63% vs prior year
Spent
$441K
To programs
86%
Net assets
$662K
By yearFY2020–FY2025
Revenue
$106K
FY2024▼ -63%
Tap a bar for its year
Revenue by fiscal year
FY2020$102K
FY2021$172K
FY2022$518K
FY2023$290K
FY2024$106K
FY2025$218K
Expenses
$441K
FY2024▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$274K
FY2021$332K
FY2022$480K
FY2023$428K
FY2024$441K
FY2025$316K
Net assets
$662K
FY2024▼ -19%
Tap a bar for its year
Net assets by fiscal year
FY2020$998K
FY2021$1.1M
FY2022$841K
FY2023$819K
FY2024$662K
FY2025$563K

From the FY2024 Form 990 (year ending September 2024) · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $379K Management & general 14% · $62K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
President & CEO
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
EVP Chief Digital and Marketing Officer
$0Pt VII · Sec A
EVP Chief Finance Officer
$0Pt VII · Sec A
EVP, Chief Customer Officer
$0Pt VII · Sec A
See Chime Education Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Grants scholarships to support education for healthcare IT professionals.

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Provided by the organization

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2 programs · $379K · in their own filed words · FY2023
01

Since 2007, the CHIME Education Foundation has directly supported the professional development of emerging digital health leaders. The healthcare IT environment continues to evolve at a rapid pace, and the need for qualified, committed professionals is increasingly critical.

$199Kprogram expense
02

The CHIME Opioid Task Force (OTF) was launched in early 2018 with a simple mission: to turn the tide on the opioid epidemic using the knowledge and expertise of the nation's healthcare IT leaders. While our mission is simple, achieving it is not.

$179Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$25K
Grants paid · 6 grants · $996K · 2019–2024
Unitemized GrantFY2024$51,193
Unitemized GrantFY2023$93,171
Unitemized GrantFY2022$119,891
Unitemized GrantFY2021$238,178
Unitemized GrantFY2020$280,635
Unitemized GrantFY2019$213,428

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$106K
Ln 12
Gifts and grantsLn 1h$101K
Investment incomeLn 3$6K
Money outPt IX
$441K
Ln 25
Programscol B$379K
Managementcol C$62K
Owns and owesPt X
$662K
net assets · Ln 32
Cash and savingsLn 1–2$351K
Total assetsLn 16$1.1M
LiabilitiesLn 26$482K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$101K
Investment incomeLn 3$6K
Gains on assetsLn 7−$7K
Total revenueLn 12$106K
Assets in detailPt X, end of year
CashLn 1$351K
SavingsLn 2$0
Cash and savings togetherLn 1–2$351K
InvestmentsLn 11–13$793K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$1.1M
LiabilitiesLn 26$482K
Net assetsLn 32$662K
OperationsPt I, VI
EmployeesI 50
VolunteersI 630
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$243K$351K
InvestmentsLn 11–13$733K$793K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$994K$1.1M
LiabilitiesLn 26$175K$482K
Net assetsLn 32$819K$662K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$93K$93K
Other salaries and wagesLn 7$294K$257K$36K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$5K$5K
Investment management feesLn 11f$10K$10K
Other fees for servicesLn 11g$0$0$0$0
Office expensesLn 13$535$20$515
Information technologyLn 14$106$106
TravelLn 17$11K$11K$9
Conferences, conventions and meetingsLn 19$16K$16K
Other expenses (24a–d)Ln 24$11K$11K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$441K$379K$62K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $218K$316K−$98K$563K 990 PDF
FY2024 Viewing $106K$441K−$334K$662K 990 PDF
FY2023 $290K$428K−$139K$819K 990 PDF
FY2022 $518K$480K$39K$841K 990 PDF
FY2021 $172K$332K−$160K$1.1M 990 PDF
FY2020 $102K$274K−$172K$998K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $106,226 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $268,388$100,652
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $21,191$5,574
I-11 Other revenue$0
I-12 Total revenuePrior year $289,579$106,226
I-13 Grants and similar amounts paidPrior year $119,891$93,171
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $287,279$293,525
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $20,929$54,000
I-18 Total expensesPrior year $428,099$440,696
I-19 Revenue less expensesPrior year −$138,520−$334,470
Part VI · Governance 4 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $106,226 across 7 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1f All other contributions, gifts and grants$100,652
VIII-1h Total contributions, gifts and grants$100,652
VIII-3 Investment incomeExcluded from tax $12,119$12,119
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$6,545−$6,545
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $5,574$106,226
Part IX · Statement of functional expenses $440,696 across 12 lines filed
IX-2 Grants to domestic individualsPrograms $93,171$93,171
IX-7 Other salaries and wagesPrograms $257,412 · Management $36,113$293,525
IX-11b Legal feesPrograms $1,178$1,178
IX-11c Accounting feesManagement $4,950$4,950
IX-11f Investment management feesManagement $9,561$9,561
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $20 · Management $515$535
IX-14 Information technologyManagement $106$106
IX-17 TravelPrograms $11,074 · Management $9$11,083
IX-19 Conferences, conventions and meetingsPrograms $15,731$15,731
IX-24 Other expenses (24a–d)Management $10,856$10,856
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $378,586 · Management $62,110 · Fundraising $0$440,696
Part X · Balance sheet $1,143,940 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $243,043$350,881
X-2 Savings and temporary cash investmentsStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $733,187$793,059
X-15 Other assetsStart of year $14,040$0
X-16 Total assetsStart of year $993,682$1,143,940
X-17 Accounts payable and accrued expenses$5,950
X-19 Deferred revenueStart of year $10,900$0
X-25 Other liabilitiesStart of year $164,158$476,454
X-26 Total liabilitiesStart of year $175,058$482,404
X-27 Net assets without donor restrictionsStart of year $542,311$526,619
X-28 Net assets with donor restrictionsStart of year $276,313$134,917
X-32 Total net assets or fund balancesStart of year $818,624$661,536
X-33 Total liabilities and net assetsStart of year $993,682$1,143,940
Part XI · Reconciliation of net assets $661,536 net assets at year end
XI-1 Total revenue$106,226
XI-2 Total expenses$440,696
XI-3 Revenue less expenses−$334,470
XI-4 Net assets at start of year$818,624
XI-5 Net unrealized gains (losses) on investments$126,881
XI-8 Prior period adjustments$50,501
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$661,536

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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