HILLIARD, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GLENMONT, founded in 1931, is a community nonprofit in the Health Care sector that reported $3.5M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $4.6M exceeded revenue, resulting in a 30% operating deficit.
GLENMONT'S MISSION IS TO EXEMPLIFY THE HEALING MINISTRY OF CHRISTIAN SCIENCE AS ARTICULATED IN THE CHURCH MANUAL AND IN SCIENCE AND HEALTH WITH KEY TO THE SCRIPTURES BY MARY BAKER EDDY.
WE ARE DEDICATED TO: SERVING ALL THOSE WHOM GOD SENDS TO US TO BE SERVED; SUPPORTING CHRISTIAN SCIENCE HEALING THROUGH SPIRITUAL REGENERATION AND RADICAL RELIANCE ON GOD; LOVING OUR PATIENTS AND...
WE ARE DEDICATED TO: SERVING ALL THOSE WHOM GOD SENDS TO US TO BE SERVED; SUPPORTING CHRISTIAN SCIENCE HEALING THROUGH SPIRITUAL REGENERATION AND RADICAL RELIANCE ON GOD; LOVING OUR PATIENTS AND STAFF WHOLLY, WITH CHRISTLY AFFECTION, THEREBY FOSTERING A SPIRIT OF HOME AND CHRISTIAN COMMUNITY; ENCOURAGING EACH NURSE TO EXPRESS HIS OR HER CHRISTIAN SCIENCE NURSING MINISTRY IN DIRECT RELATION WITH GOD; PROVIDING EXCELLENCE IN PATIENT CARE. IN 2024, GLENMONT SERVED 13.45 AVERAGE PATIENTS EACH MONTH IN 4,922 PATIENT DAYS. THESE PATIENTS RECEIVED $120 THOUSAND IN FINANCIAL ASSISTANCE FOR NURSING SERVICES. GLENMONT PROVIDES ROOM, BOARD, CHRISTIAN SCIENCE NURSING SERVICES AND SUPPLIES TO ALL PATIENTS. GLENMONT ALSO OFFERS CHRISTIAN SCIENCE NURSING EDUCATION COURSES.
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 | $3,540,439 | $2,746,993 | +0.3% |
| Expenses | $4,614,294 | $4,058,004 | +0.1% |
| Net Income | $-1,073,855 | $-1,311,011 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| LYDIA MANFREDA | TRUSTEE/SECY/ADMINISTRATOR | 40.00 |
Officer
Director
|
$95,100 | $2,821 | $97,921 |
| HELVI PAASINEN | TRUSTEE/DIRECTOR OF CS NURSING | 40.00 |
Officer
Director
|
$91,515 | $2,565 | $94,080 |
| M FREEMAN DURHAM | TRUSTEE / PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| LOIS DEGLER | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| ROXANNE MACKIE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| DEBORAH MASTER | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| DEBORAH WRIGHT | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| GAIL MOELLER | TRUSTEE / VICE PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELIZABETH REGER | TRUSTEE / TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JONATHAN FERRELL | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,540,439 | $4,614,294 | $10,657,283 | $-1,073,855 |
| 2023 | $2,746,993 | $4,058,004 | $11,141,945 | $-1,311,011 |
| 2022 | $3,418,897 | $3,475,733 | $11,600,725 | $-56,836 |
| 2021 | $3,231,865 | $3,406,277 | $14,145,221 | $-174,412 |
| 2020 | $7,046,091 | $3,344,148 | $12,725,774 | $3,701,943 |
| 2019 | $3,171,208 | $3,644,538 | $9,734,252 | $-473,330 |
| 2018 | $3,695,470 | $3,192,833 | $8,917,418 | $502,637 |
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