LAURIUM, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)KEWEENAW HEALTH FOUNDATION, founded in 2008, is a small nonprofit in the Health Care sector that reported $122K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $34K, a strong 28% operating margin.
OUR MISSION IS TO DEVELOP RESOURCES WHICH WILL IMPROVE THE HEALTH AND WELL-BEING OF THE PEOPLE IN OUR COMMUNITITES. OUR VISION IS TO CREATE A HEALTHIER QUALITY OF LIFE FOR THE PEOPLE OF THE KEWEENAW.
DEVELOP RESOURCES THAT WILL IMPROVE THE HEALTH AND WELL-BEING OF THE PEOPLE IN OUR COMMUNITIES THROUGH SUPPORTING THE ASPIRUS KEWEENAW HOSPITAL AND ITS EFFORTS TO PROVIDE AND MAKE AVAILABLE A BROAD...
DEVELOP RESOURCES THAT WILL IMPROVE THE HEALTH AND WELL-BEING OF THE PEOPLE IN OUR COMMUNITIES THROUGH SUPPORTING THE ASPIRUS KEWEENAW HOSPITAL AND ITS EFFORTS TO PROVIDE AND MAKE AVAILABLE A BROAD SCOPE OF QUALITY HEALTH SERVICES TO PATIENTS WITHIN THE HOSPITAL SERVICE AREA AND COLLABORAING WITH OTHER ORGANIZATIONS IN FURTHERANCE OF THE BENEVOLENT, CHARITABLE, SCIENTIFIC, AND EDUCTATIONAL ACTIVITIES INCLUDING PATIENT CARE ACTIVIES.
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 | $122,425 | $205,892 | -0.4% |
| Expenses | $88,013 | $50,779 | +0.7% |
| Net Income | $34,412 | $155,113 | -0.8% |
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 |
|---|---|---|---|---|---|---|
| JENN JENICH-LAPLANDER | EXECUTIVE DI | 10.00 |
Officer
Director
|
$14,000 | $0 | $14,000 |
| EDWARD JENICH | VICE-CHAIR | 10.00 |
Officer
Director
|
$11,772 | $0 | $11,772 |
| JOEL ASIALA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRAD BARNETT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN BRUEGGEMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL DALQUIST | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MATTHEW KRAUSE | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| IAN LEWIS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DARRYL PIERCE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KATIE SCHLIEF | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $122,425 | $88,013 | $3,400,867 | $34,412 |
| 2023 | $205,892 | $50,779 | $3,164,988 | $155,113 |
| 2022 | $111,663 | $49,155 | $3,018,842 | $62,508 |
| 2021 | $151,657 | $76,834 | $3,366,213 | $74,823 |
| 2020 | $61,976 | $87,878 | $3,139,461 | $-25,902 |
| 2019 | $199,169 | $86,946 | $3,165,363 | $112,223 |
Compare KEWEENAW HEALTH FOUNDATION with other nonprofits in Michigan and across the country.