Cleveland, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Eliza Jennings Home, founded in 1888, is a mid-sized nonprofit in the Health Care sector that reported $11.7M in total revenue in fiscal year 2022. Expenses of $13.3M exceeded revenue, resulting in a 13% operating deficit.
We affirm the dignity and individual worth of older adults and their right to attain the highest possible quality of life. We strive to nurture and sustain their physical, emotional, intellectual, social and spiritual health. We are committed to having a community in which every member is equally respected, valued and empowered.
Eliza Jennings Home is a 126-bed community providing amenities such as licensed, professional staff on duty 24 hours a day; access to a physician and nurse 24/7; medication management provided by...
Eliza Jennings Home is a 126-bed community providing amenities such as licensed, professional staff on duty 24 hours a day; access to a physician and nurse 24/7; medication management provided by in-house clinical staff; transportation to hospital and physician appointments as well as community events; private rehabilitation suites; outstanding physical, occupational and speech therapy services seven days a week; comprehensive wound care and IV therapy; memory support care; pharmaceutical services; dining services; beauty and barber services; and housekeeping and laundry services. Eliza Jennings helped pioneer the culture-change movement in long-term care, being among the first to focus on maximizing the quality of life for residents through a person-centered care philosophy. This philosophy has transformed the culture into an environment that more closely resembles home and promotes individual choice. Eliza Jennings offers short and long-term skilled nursing and rehabilitation services, and respite care.Eliza Jennings Home operates within the Eliza Jennings Senior Care Network, a provider of residential and community-based aging services, which also includes Devon Oaks, Eliza Jennings Inc., Olmsted Assisted Living Corp, Olmsted Health & Services, Olmsted Residence Corp, Acacia Place Adult Day Center, and Northeast Ohio Home Care which offers services including but not limited to skilled home health services.Eliza Jennings is committed to offering compassionate care and support to individuals and their families who are facing advanced illness and end-of-life care decisions. The Eliza Jennings Senior Care Network offers hospice services though Northeast Ohio Hospice, which is geared to providing choices that sustain dignity and autonomy, while enhancing comfort and quality of life during this difficult time.As a nationally recognized innovator and expert in aging services, Eliza Jennings offers a full range of memory support services and programming throughout its residential communities and adult day program, including Eliza Jennings Home.
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $11,720,546 | $11,729,020 | 0.0% |
| Expenses | $13,256,823 | $12,394,288 | +0.1% |
| Net Income | $-1,536,277 | $-665,268 | +1.3% |
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 |
|---|---|---|---|---|---|---|
| Richard M Boyson Jr | President & CEO | 0.00 |
Officer
Director
|
$0 | $42,466 | $369,495 |
| Kathleen M Shields | CFO | 0.00 |
Officer
|
$0 | $4,385 | $205,119 |
| Jennifer Griveas | VP of Legal | 0.00 |
Officer
|
$0 | $7,281 | $167,378 |
| Sheryl Sereda | CAO | 0.00 |
|
$0 | $7,218 | $158,366 |
| Michael Gray | CIO | 0.00 |
Officer
|
$0 | $1,631 | $132,605 |
| Celeste Miller | DON Nursing Admin | 40.00 |
|
$118,137 | $7,183 | $125,320 |
| Richard L Fletcher | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Alayne J Fodor | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Glenn S Krassen | Secretary | 0.00 |
Director
|
$0 | $0 | $0 |
| Brendan Lawlor | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Michelle R Messina | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Richard L Fox | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| James Rogerson | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Patricia Scanlon | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Terrie Tenk Shrock | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Allen R Tracy | Treasurer | 0.00 |
Director
|
$0 | $0 | $0 |
| Rick J Weigle Jr | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Margaret G Weitzel | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Hilton Young | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $11,720,546 | $13,256,823 | $9,156,193 | $-1,536,277 |
| 2022 | $11,729,020 | $12,394,288 | $8,445,543 | $-665,268 |
| 2021 | $10,560,621 | $11,559,165 | $13,166,549 | $-998,544 |
| 2020 | $10,289,174 | $11,124,421 | $8,753,626 | $-835,247 |
| 2019 | $9,552,721 | $11,188,036 | $22,974,691 | $-1,635,315 |
| 2018 | $10,671,820 | $10,894,471 | $24,422,156 | $-222,651 |
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