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.
To meet the needs of the McKenzie County Hospital, the Good Shepherd Home, the McKenzie County Clinic, and the Connie Wold Wellness Center, and to foster community participation and contributions to the healthcare system.
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.