Brook, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)George Ade Memorial Health Care Center Inc, founded in 1991, is a community nonprofit in the Human Services sector that reported $5.5M in total revenue in fiscal year 2023.
To provide room, board and nursing care services for the elderly, disabled and disadvantaged as well as provide education for patients and their families and employees.
George Ade Memorial Health Care Center, Inc. operates a nursing facility with a total of 70 licensed beds all but 4 of which are licensed as skilled nursing beds. The facility provides long term...
George Ade Memorial Health Care Center, Inc. operates a nursing facility with a total of 70 licensed beds all but 4 of which are licensed as skilled nursing beds. The facility provides long term nursing care to residents depending upon their needs - these services include room and board, nursing care, supplies, medications, therapies, meals, laundry and housekeeping services, activities and social services. George Ade Memorial Health Care Center Inc. participates in the Medicare, Medicaid Tri Care and/or other government sponsored health care programs as well as private managed care and other health insurance programs. George Ade Memorial Health Care Center governing body members include health care professionals and independent members of the community.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $5,510,416 | $5,328,202 | +0.0% |
| Expenses | $5,492,964 | $5,458,264 | +0.0% |
| Net Income | $17,452 | $-130,062 | -1.1% |
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 |
|---|---|---|---|---|---|---|
| Kayla Crews | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Mike Manis | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| George Ellis Jr | President | 1.00 |
Director
|
$0 | $0 | $0 |
| Lori Deno | Secretary/Treasurer | 1.00 |
Director
|
$0 | $0 | $0 |
| Russell Collins Sr | Vice President | 1.00 |
Director
|
$0 | $0 | $0 |
| Scott James | Administrator | 40.00 |
Officer
|
$116,283 | $20,661 | $136,944 |
| Brigitte Washburn | President | 1.00 |
Director
|
$0 | $0 | $0 |
| Brock Iseminger | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $5,510,416 | $5,492,964 | $692,437 | $17,452 |
| 2020 | $4,749,516 | $4,840,731 | $2,067,306 | $-91,215 |
| 2019 | $4,360,908 | $4,286,290 | $1,242,945 | $74,618 |
Compare George Ade Memorial Health Care Center Inc with other nonprofits in Indiana and across the country.