FARMINGTON HILLS, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)STATE WIDE CARE HOME ASSOCIATION INC, founded in 1967, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.
TO PROVIDE AND IMPROVE EDUCATION AND COMMUNICATION FOR PROVIDERS OF RESIDENTIAL CARE, ASSISTED LIVING AND VOCATIONAL SERVICE PROGRAMS.
EDUCATION AND COMMUNICATION PROGRAMS FOR PROVIDERS OF ASSISTED LIVING SERVICES SUCH AS SEMINARS AND VARIOUS PUBLICATIONS.
MEMBERSHIP PROGRAM FOR PROVIDERS OF ASSISTED LIVING SERVICES. MEMBER BENEFITS INCLUDE LEGAL SERVICES, LEGISLATIVE AND REGULATORY ADVOCACY, NEWSLETTERS, SPECIAL REPORTS AND INSURANCE PROGRAMS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,323,328 | $1,197,870 | +0.1% |
| Expenses | $1,451,002 | $1,071,405 | +0.4% |
| Net Income | $-127,674 | $126,465 | -2.0% |
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 |
|---|---|---|---|---|---|---|
| ARTHUR MACK | SECRETARY AND TREASURER | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| BARBARA FOWKES | VICE PRESIDENT | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN WILLIAMS | PRESIDENT | 5.0 |
Officer
Director
|
$110,725 | $0 | $110,725 |
| CARL SIMCOX | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| CHRIS MILOWE | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| DONALD SCHUSTER | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| LENORE NAGY | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| LISA BEEDON | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| SCOTT BROWN | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,323,328 | $1,451,002 | $617,299 | $-127,674 |
| 2024 | $1,197,870 | $1,071,405 | $705,130 | $126,465 |
| 2023 | $658,947 | $612,839 | $565,858 | $46,108 |
| 2022 | $627,185 | $620,070 | $567,898 | $7,115 |
| 2021 | $600,193 | $608,586 | $551,375 | $-8,393 |
| 2020 | $567,308 | $587,927 | $592,039 | $-20,619 |
| 2019 | $886,297 | $873,108 | $590,566 | $13,189 |
| 2018 | $879,305 | $847,421 | $621,860 | $31,884 |
Compare STATE WIDE CARE HOME ASSOCIATION INC with other nonprofits in Michigan and across the country.