State College, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Centre HomeCare Inc, founded in 1965, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. Expenses of $2.6M exceeded revenue, resulting in a 31% operating deficit.
Centre Homecare Inc. provides skilled services to patients who are home bound, including Nursing, Therapy, Social Services, Aides, and Hospice Services. Our Mission is to provide quality, cost effective home health and hospice services to all persons and their families regardless of their ability to pay.
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 | $1,959,342 | $1,912,910 | +0.0% |
| Expenses | $2,575,405 | $2,538,059 | +0.0% |
| Net Income | $-616,063 | $-625,149 | 0.0% |
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 |
|---|---|---|---|---|---|---|
| Joseph L Scopelliti | President/CEO | 2.00 |
Officer
Director
|
$0 | $34,805 | $244,365 |
| Charles Yoder | Board President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Christopher Purdy | Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Betsy Crossley | Secretary/Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Rev Michael Goodling | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Todd Kerstetter | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Catherine Alexander | Chief Financial Officer | 2.00 |
Officer
|
$0 | $6,132 | $128,774 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,959,342 | $2,575,405 | $6,715,619 | $-616,063 |
| 2024 | $1,912,910 | $2,538,059 | $7,179,134 | $-625,149 |
| 2023 | $2,368,711 | $2,275,252 | $7,793,163 | $93,459 |
| 2022 | $3,197,204 | $2,958,561 | $7,654,644 | $238,643 |
| 2021 | $3,549,310 | $3,342,771 | $8,352,512 | $206,539 |
| 2020 | $3,804,023 | $3,883,140 | $8,447,762 | $-79,117 |
| 2019 | $4,002,857 | $4,000,552 | $7,536,887 | $2,305 |
| 2018 | $4,902,740 | $4,691,349 | $7,628,842 | $211,391 |
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