SPIRIT LAKE, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LAKES REGIONAL HEALTHCARE FOUNDATION, founded in 2010, is a small nonprofit in the Health Care sector that reported $580K in total revenue in fiscal year 2024. Revenue surged 184% from the prior year, signaling strong growth momentum. The organization ran a surplus of $490K, a strong 84% operating margin.
TO SOLICIT AND RECEIVE CONTRIBUTIONS, GIFTS, GRANTS, DEVISES, OR BEQUESTS OF REAL OR PERSONAL PROPERTY OR BOTH FROM INDIVIDUALS, FOUNDATIONS, AND PUBLIC AND PRIVATE ENTITIES; AND TO MAINTAIN, USE AND APPLY, DIRECTLY OR INDIRECTLY, THE WHOLE OR ANY PART OF THE INCOME THEREFROM AND THE PRINCIPAL THEREOF, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF LAKES REGIONAL HEALTHCARE, AN IOWA COUNTY HOSPITAL, INCLUDING THE PURPOSES OF LAKES REGIONAL HEALTHCARE TO RECRUIT QUALIFIED HEALTH CARE PRACTITIONERS TO SERVE THE RESIDENTS OF THE SERVICE AREA OF LAKES REGIONAL HEALTHCARE.
DURING THIS FISCAL YEAR, LAKES REGIONAL HEALTHCARE FOUNDATION SUPPORTED LAKES REGIONAL HEALTHCARE BY ENHANCING EMERGENCY SERVICES FOR THE COMMUNITY. THE FOUNDATION ALLOCATED 39,260 IN FUNDING FOR THE...
DURING THIS FISCAL YEAR, LAKES REGIONAL HEALTHCARE FOUNDATION SUPPORTED LAKES REGIONAL HEALTHCARE BY ENHANCING EMERGENCY SERVICES FOR THE COMMUNITY. THE FOUNDATION ALLOCATED 39,260 IN FUNDING FOR THE ADDITION OF A POWERED STAIR CHAIR FOR THE AMBULANCE AND FOR UPDATING THE EMERGENCY ROOM TO BETTER SERVE PATIENTS. THE FUNDS ALSO WENT TOWARDS A NEW AIR CONDITIONING UNIT FOR A HOSPICE PATIENT ROOM AND TOWARDS EMPLOYEE ASSISTANCE FOR RELIEF FROM THE SPENCER FLOODS.
LAKES REGIONAL HEALTHCARE FOUNDATION DEMONSTRATED ITS COMMITMENT TO FOSTERING THE NEXT GENERATION OF HEALTHCARE PROFESSIONALS BY PROVIDING SCHOLARSHIPS TO STUDENTS AND STAFF PURSUING ADVANCED CAREERS...
LAKES REGIONAL HEALTHCARE FOUNDATION DEMONSTRATED ITS COMMITMENT TO FOSTERING THE NEXT GENERATION OF HEALTHCARE PROFESSIONALS BY PROVIDING SCHOLARSHIPS TO STUDENTS AND STAFF PURSUING ADVANCED CAREERS IN HEALTH- RELATED FIELDS. DURING THE FISCAL YEAR, THE FOUNDATION AWARDED 33,384 IN SCHOLARSHIPS TO STUDENTS AND STAFF. THESE SCHOLARSHIPS WERE DESIGNED TO ALLEVIATE FINANCIAL BARRIERS AND SUPPORT ACADEMIC ACHIEVEMENT, ALLOWING RECIPIENTS TO FOCUS ON THEIR STUDIES AND PROFESSIONAL DEVELOPMENT. SCHOLARSHIP RECIPIENTS WERE SELECTED BASED ON THEIR ACADEMIC EXCELLENCE, FINANCIAL NEED, AND DEDICATION TO SERVING THEIR COMMUNITY IN THE HEALTHCARE FIELD. BY INVESTING IN EDUCATION, THE FOUNDATION AIMS TO ADDRESS THE GROWING DEMAND FOR SKILLED HEALTHCARE PROFESSIONALS AND ENSURE THAT THE COMMUNITY HAS ACCESS TO HIGH-QUALITY CARE IN THE FUTURE.
LAKES REGIONAL HEALTHCARE FOUNDATION PARTNERS WITH LOCAL SCHOOL DISTRICTS TO DELIVER DIABETES PREVENTION PROGRAMMING. DURING THE FISCAL YEAR, THE FOUNDATION PARTNERED WITH 1 LOCAL SCHOOL DISTRICTS...
LAKES REGIONAL HEALTHCARE FOUNDATION PARTNERS WITH LOCAL SCHOOL DISTRICTS TO DELIVER DIABETES PREVENTION PROGRAMMING. DURING THE FISCAL YEAR, THE FOUNDATION PARTNERED WITH 1 LOCAL SCHOOL DISTRICTS AND DISTRIBUTED 7,500 IN FUNDING TO SUPPORT THESE PROGRAMS FOR SCHOOL-AGE CHILDREN.
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 | $579,605 | $203,968 | +1.8% |
| Expenses | $89,859 | $73,772 | +0.2% |
| Net Income | $489,746 | $130,196 | +2.8% |
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 |
|---|---|---|---|---|---|---|
| KEITH DEITERING | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHRYN FAHY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GRETA GRUYS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRENT HARRIS | SECRETARY/TR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JANELLE HOLTER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRAD JUNGERS | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN MCMAHON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL SANDY | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DANIELLE TEWES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $579,605 | $89,859 | $1,736,729 | $489,746 |
| 2024 | $203,968 | $73,772 | $1,172,687 | $130,196 |
| 2023 | $105,459 | $107,748 | $969,743 | $-2,289 |
| 2022 | $172,355 | $25,437 | $910,794 | $146,918 |
| 2021 | $91,443 | $71,181 | $886,916 | $20,262 |
| 2020 | $166,735 | $17,642 | $752,944 | $149,093 |
| 2019 | $103,633 | $208,086 | $621,454 | $-104,453 |
| 2018 | $143,100 | $15,736 | $722,246 | $127,364 |
Compare LAKES REGIONAL HEALTHCARE FOUNDATION with other nonprofits in Iowa and across the country.