FRANCISCAN VNS HOME CARE INC

EIN: 350868199 501(c)(3) Health Care

BEECH GROVE, IN

Total Revenue
$12,945,393
Total Expenses
$16,631,008
Total Assets
$10,350,208
Net Assets
$-5,136,924
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
IN
Principal Officer
KEVIN D LEAHY
Phone
3177827200
Tax Period
2023-01-01 to 2023-12-31

FRANCISCAN VNS HOME CARE INC, founded in 1983, is a mid-sized nonprofit in the Health Care sector that reported $12.9M in total revenue in fiscal year 2023. Expenses of $16.6M exceeded revenue, resulting in a 28% operating deficit.

Mission

PROVIDER OF HEALTHCARE TO PATIENTS MEETING CRITERIA FOR HOME CARE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $281,193
Program Service Revenue $12,664,200
Investment Income $0
Other Revenue $0
TOTAL REVENUE $12,945,393

Expense Breakdown

Grants Paid $0
Salaries & Benefits $13,578,858
Fundraising Expenses $0
Program Expenses $12,155,865
Other Expenses $3,052,150
TOTAL EXPENSES $16,631,008

Year-over-Year Comparison

2023 2022 Change
Revenue $12,945,393 $13,051,676 0.0%
Expenses $16,631,008 $17,911,179 -0.1%
Net Income $-3,685,615 $-4,859,503 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
4
Employees
173
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
7
$3,187,866
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN D LEAHY PRESIDENT & CEO - FRANCISC 1.00
Director
$0 $197,552 $2,665,008
AGNES THERADY DIRECTOR 1.00
Director
$0 $34,784 $522,858
NOEL S DALMAN HOME HEALTH PHYSICAL THERAPIST 40.00
Highest
$150,161 $34,607 $184,768
JUNE ERROL G PASADILLA HOME HEALTH PHYSICAL THERAPIST 40.00
Highest
$155,292 $24,153 $179,445
JOHN M EAST HOME HEALTH PHYSICAL THERAPIST 40.00
Highest
$131,476 $29,198 $160,674
EHAB A ADLY HOME HEALTH PHYSICAL THERAPIST 40.00
Highest
$124,419 $33,097 $157,516
HITESH KUMAR JAIN HOME HEALTH PHYSICAL THERAPIST 40.00
Highest
$119,491 $30,002 $149,493
SISTER JANE MARIE KLEIN OSF CHAIRPERSON THROUGH 8/15 1.00
Officer Director
$0 $0 $0
SISTER M ALINE SHULTZ CHAIRPERSON BEGINING 8/15 1.00
Officer Director
$0 $0 $0
SISTER LETHIA MARIE LEVEILLE OSF SECRETARY 1.00
Officer Director
$0 $0 $0
SISTER M ANN KATHLEEN MAGIERA OSF TREASURER 1.00
Officer Director
$0 $0 $0
SISTER M MADONNA ROUGEAU OSF DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $12,945,393 $16,631,008 $10,350,208 $-3,685,615
2022 $13,051,676 $17,911,179 $9,646,744 $-4,859,503
2021 $12,900,882 $18,680,886 $9,258,157 $-5,780,004
2020 $13,691,178 $16,497,644 $8,335,391 $-2,806,466
2019 $13,509,735 $15,973,136 $13,010,440 $-2,463,401
2018 $11,689,241 $14,765,552 $9,702,377 $-3,076,311
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