WESTLAKE, OH
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)LUTHERAN HOME, founded in 1932, is a mid-sized nonprofit in the Religion sector that reported $16.4M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $19.1M exceeded revenue, resulting in a 16% operating deficit.
VISION - WE WORK FOR THE DAY WHEN EVERYONE INVOLVED IN SENIOR LIVING FINDS FULFILLMENT THROUGH: LIFE WITH MEANING AND PURPOSE; ENRICHING OPPORTUNITIES AND EXPERIENCES; COMMUNITIES FOSTERING RELATIONSHIPS AND PERPETUATING LEGACY MISSION. WE PROVIDE EXCEPTIONAL EVERYDAY EXPERIENCES IN A CHRISTIAN COMMUNITY BY CREATING ASSOCIATE EXPERIENCES THAT SUPPORT, ENGAGE AND EMPOWER; DELIVERING RESIDENT AND CUSTOMER EXPERIENCES THAT EXCEED EXPECTATIONS; SETTING AND SURPASSING STANDARDS FOR QUALITY AND SAFETY; GROWING CONSISTENTLY IN SERVICE AND VALUE; PRODUCING EXPANDED RESOURCES TO EXTEND OUR IMPACT VALUES: WE ARE AN EXTENDED FAMILY OF MULTIPLE GENERATIONS, BOUND TOGETHER WITH RESPECT: HONORING THE DIGNITY OF ALL PEOPLE; INNOVATION: IGNITING ENTREPRENEURIAL INTIATIVE AND CREATIVE SOLUTIONS; SPIRITUALITY: PURSUING OUR PURPOSE CONSISTENT WITH CHRISTIAN PRINCIPLES; EXCELLENCE: STRIVING FOR EXTRAORDINARY EFFECTIVENESS AND EFFICIENCY.
LUTHERAN HOME PROVIDES ITS RESIDENTS WITH NURSING CARE BEDS(134) OR ASSISTED LIVING BEDS(43). LUTHERAN HOME ALSO PROVIDES ITS RESIDENTS WITH RELIGIOUS, SOCIAL, EDUCATIONAL AND WELLNESS PROGRAMS AND...
LUTHERAN HOME PROVIDES ITS RESIDENTS WITH NURSING CARE BEDS(134) OR ASSISTED LIVING BEDS(43). LUTHERAN HOME ALSO PROVIDES ITS RESIDENTS WITH RELIGIOUS, SOCIAL, EDUCATIONAL AND WELLNESS PROGRAMS AND SERVICES. DINING SERVICE INCLUDES THREE MEALS PER DAY. MAINTENANCE, ENVIRONMENTAL AND LAUNDRY SERVICES ARE ALSO PROVIDED AT VARIOUS LEVELS FOR LUTHERAN HOME RESIDENTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $16,425,993 | $13,317,362 | +0.2% |
| Expenses | $19,111,747 | $19,158,704 | 0.0% |
| Net Income | $-2,685,754 | $-5,841,342 | -0.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SCOTT MCQUINN | CEO/ PRESIDENT | 1.00 |
Officer
Director
|
$0 | $414,381 | $1,028,545 |
| JAMES BOWERSOX | COO/ SECRETARY | 1.00 |
Officer
Director
|
$0 | $301,144 | $748,905 |
| LARRY BRUESHABER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT IZO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS KHALE | CHAIRPERSON | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN MCDONNELL | CFO/ TREASURER | 1.00 |
Officer
|
$0 | $185,604 | $460,963 |
| CHRISTOPHER KLAWITTER | EXECUTIVE DIRECTOR | 19.00 |
Officer
|
$0 | $47,182 | $205,042 |
| JAMES MAYER | EXECUTIVE DIRECTOR - PART YEAR | 15.00 |
Officer
|
$0 | $0 | $50,700 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $16,425,993 | $19,111,747 | $20,468,658 | $-2,685,754 |
| 2022 | $13,317,362 | $19,158,704 | $19,021,721 | $-5,841,342 |
| 2021 | $14,990,939 | $19,544,180 | $17,550,739 | $-4,553,241 |
| 2020 | $5,672,824 | $5,892,289 | $22,833,840 | $-219,465 |
Compare LUTHERAN HOME with other nonprofits in Ohio and across the country.