Saint Paul, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MINNESOTA CENTER FOR HEALTH CARE ETHICS, founded in 2003, is a small nonprofit in the Health Care sector that reported $218K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $334K exceeded revenue, resulting in a 54% operating deficit.
Assisting individuals in ethically informed decision making by generating and communication ethical concepts, principles and frameworks; exploring and researching diverse cultural perspectives; and promoting health care ethics education wile making scholarly contributions to the field of health care ethics worldwide.
The Minnesota Center for Health Care Ethics' (MCHCE) major program service was its service to its sponsoring organization in the form of education, consultation, internal policy formation and...
The Minnesota Center for Health Care Ethics' (MCHCE) major program service was its service to its sponsoring organization in the form of education, consultation, internal policy formation and leadership in health care ethics focused on five areas of special importance to its sponsoring organization: 1) diverse faith and cultural perspectives 2) health care reform 3) end of life care and dementia 4) emerging technologies 5) public health and disaster ethics. In addition, MCHCE entered into a contract with another Minnesota nonprofit organization, Honoring Choices, through which MCHCE was paid $15,000 to lead the process of revising the Honoring Choices Minnesota Health Care Directive (the de facto advance health care directive for the state of Minnesota). This work was heavily tied to two areas of special importance to MCHCE's sponsoring organization - diverse faith and cultural perspectives and end of life care and dementia.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $217,558 | $159,404 | +0.4% |
| Expenses | $334,287 | $341,436 | 0.0% |
| Net Income | $-116,729 | $-182,032 | -0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dr Karen Gervais Ph D | CEO/COO | 40 |
Officer
Director
Key Emp
Highest
|
$168,591 | $15,243 | $183,834 |
| Margaret Gillespie CSJ | Chair, Treasurer | 0 |
Officer
Director
|
$0 | $0 | $0 |
| Jean Wincek CSJ | Vice Chair - Secretary | 0 |
Officer
Director
|
$0 | $0 | $0 |
| Katherine Rossini CSJ | Director | 0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $217,558 | $334,287 | $29,163 | $-116,729 |
| 2022 | $159,404 | $341,436 | $146,635 | $-182,032 |
| 2021 | $155,138 | $341,734 | $330,071 | $-186,596 |
| 2020 | $455,259 | $354,741 | $516,247 | $100,518 |
Compare MINNESOTA CENTER FOR HEALTH CARE ETHICS with other nonprofits in Minnesota and across the country.