MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RAKHMA INC, founded in 1984, is a community nonprofit in the Health Care sector that reported $3.1M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.
RAKHMA CHAMPIONS DIGNITY IN THE CARE OF INDIVIDUALS LIVING WITH MEMORY LOSS IN A FAMILIAR HOME ENVIRONMENT.
RAKHMA PROVIDES COMPASSIONATE, PERSON-CENTERED MEMORY CARE IN THREE LICENSED RESIDENTIAL HOMES IN MINNEAPOLIS, ST. PAUL, AND MINNETONKA. IN THE 2024 FISCAL YEAR, 40 RESIDENTS AND THEIR FAMILIES...
RAKHMA PROVIDES COMPASSIONATE, PERSON-CENTERED MEMORY CARE IN THREE LICENSED RESIDENTIAL HOMES IN MINNEAPOLIS, ST. PAUL, AND MINNETONKA. IN THE 2024 FISCAL YEAR, 40 RESIDENTS AND THEIR FAMILIES BENEFITED FROM RAKHMA'S SOCIAL MODEL OF CARE, WHICH EMPHASIZES MEANINGFUL ENGAGEMENT, BELONGING, AND DIGNITY IN A FAMILIAR HOME SETTING. RAKHMA REMAINS COMMITTED TO SERVING INDIVIDUALS ON MEDICAID: MORE THAN 80% OF OUR RESIDENTS RECEIVE CARE THROUGH GOVERNMENT ASSISTANCE, AN EXCEPTIONALLY RARE MODEL IN RESIDENTIAL MEMORY CARE, WHERE PROVIDERS OFTEN LIMIT OR EXCLUDE MEDICAID-SUPPORTED RESIDENTS. RAKHMA MAINTAINS A 1:5 STAFFING RATIO AND DELIVERS CARE THROUGH HIGHLY INDIVIDUALIZED ROUTINES AND CARE PLANS. IN ITS 40TH YEAR, RAKHMA COMPLETED MAJOR GRANT-FUNDED PROJECTS, INCLUDING A FULL FIRST-FLOOR RENOVATION, DEMENTIA-FRIENDLY REDESIGNS, NEW, BEAUTIFICATION PROJECTS, A REBUILT DECK, AND WHEELCHAIR RAMPS. WITH OVER 120 OUTINGS OFFERED ANNUALLY, RESIDENTS CONTINUE TO PARTICIPATE IN COMMUNITY LIFE THROUGH TRIPS TO PARKS, LAKES, CONCERTS, AND GARDENS. ROOTED IN LOVE AND DIGNITY, RAKHMA CONTINUES TO BE A PLACE WHERE MEMORY CARE FEELS LIKE HOME: AND WHERE EVERY PERSON IS SEEN, KNOWN, AND CHERISHED.
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 | $3,070,291 | $2,670,696 | +0.1% |
| Expenses | $3,038,871 | $2,962,610 | +0.0% |
| Net Income | $31,420 | $-291,914 | -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 |
|---|---|---|---|---|---|---|
| HEATHER CHRISTOPHERSON | CURRENT BOARD CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RACHEL RIEDESEL | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMANDA TAN | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LYNNE KEHNE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BARB OLSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JACOB HAUSCHILD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SHERYL PUPKES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LEIF JOHNSON | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$99,692 | $0 | $99,692 |
| NANCY BIRTH | BOOKKEEPER | 15.00 |
Officer
|
$24,791 | $0 | $24,791 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,070,291 | $3,038,871 | $1,982,017 | $31,420 |
| 2023 | $2,670,696 | $2,962,610 | $1,787,373 | $-291,914 |
| 2022 | $4,071,449 | $3,299,072 | $2,286,831 | $772,377 |
| 2021 | $2,760,844 | $3,166,811 | $1,442,693 | $-405,967 |
| 2020 | $3,266,450 | $3,038,669 | $1,838,184 | $227,781 |
| 2019 | $3,086,300 | $2,875,684 | $1,616,662 | $210,616 |
| 2018 | $2,927,110 | $2,798,724 | $1,503,433 | $128,386 |
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