Watford City, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Benefit Fund of McKenzie County Healthcare Systems, founded in 2006, is a community nonprofit in the Human Services sector that reported $4.1M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $698K, a strong 17% operating margin.
The Benefit Fund of McKenzie County Healthcare Systems (MCHS) is a nonprofit organization that works cooperatively with MCHS to meet the ongoing needs of the McKenzie County Hospital, the Good Shepherd Home, the McKenzie County Clinic, and the Connie Wold Wellness Center. The staff of the Benefit Fund works closely with the residents of the County to foster community participation and contributions to the healthcare system.
The Benefit Fund works cooperatively with McKenzie County Healthcare System, Inc. to meet the ongoing needs of the facility and the residents served by McKenzie County Healthcare System, Inc. The...
The Benefit Fund works cooperatively with McKenzie County Healthcare System, Inc. to meet the ongoing needs of the facility and the residents served by McKenzie County Healthcare System, Inc. The Fund identifies appropriate federal, state and private funding sources and prepares proposals to secure the necessary infrastructure, equipment and programs vital to the delivery of quality, local healthcare to the residents of McKenzie County. The Benefit Fund hosts county-wide fundraising events designed to keep the communities of the County involved in the healthcare system. Social and print media are utilized to recognize donors and to provide information on new programs offered and needs of the Benefit Fund and McKenzie County Healthcare Systems, Inc.
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 | $4,091,726 | $5,332,696 | -0.2% |
| Expenses | $3,393,405 | $1,936,903 | +0.8% |
| Net Income | $698,321 | $3,395,793 | -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 |
|---|---|---|---|---|---|---|
| Randy Quale | Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Neal Shipman | Vice Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Gary Brown | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jan Dodge | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Larry Larsen | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Gretchen Stenehjem | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| William Scott Merkle | CFO (As of 9/23) | 3.00 |
Officer
|
$0 | $39,949 | $90,603 |
| Daniel Kelly | President Executive Director | 19.85 |
Officer
|
$0 | $23,321 | $203,472 |
| Cheryl Batchelor | Interim CFO (Until 9/23) | 3.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $4,091,726 | $3,393,405 | $27,205,563 | $698,321 |
| 2023 | $5,332,696 | $1,936,903 | $24,980,409 | $3,395,793 |
| 2022 | $5,900,012 | $2,998,310 | $20,997,952 | $2,901,702 |
| 2021 | $2,657,831 | $3,088,547 | $19,342,845 | $-430,716 |
| 2020 | $4,276,160 | $3,974,491 | $18,860,423 | $301,669 |
| 2018 | $4,858,269 | $3,014,494 | $13,882,025 | $1,843,775 |
Compare Benefit Fund of McKenzie County Healthcare Systems with other nonprofits in North Dakota and across the country.