Glenwood, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Glenwood Retirement Home Foundation Inc, founded in 1983, is a micro nonprofit in the Housing & Shelter sector that reported $49K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $81K exceeded revenue, resulting in a 65% operating deficit.
The Glenwood Retirement Home Foundation, Inc. exists to fulfill the call of our Lord Jesus Christ to serve others with a primary mission to enhance the quality of life of those we serve through innovative health, housing, spiritual, and social services.
The Glenwood Retirement Home Foundation is the public relations, education, and fund development arm of the Glenwood Village Care Center. All gifts to the Foundation are managed by the Board of...
The Glenwood Retirement Home Foundation is the public relations, education, and fund development arm of the Glenwood Village Care Center. All gifts to the Foundation are managed by the Board of Directors and funds dispersed according to the needs and grant requests of the other related entities.Grants made by the Foundation in the past year included a Christmas bonus for the employees and employee appreciation events. Funds were also used to help purchase a new van for resident transportation.
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 | $48,883 | $38,287 | +0.3% |
| Expenses | $80,746 | $21,386 | +2.8% |
| Net Income | $-31,863 | $16,901 | -2.9% |
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 |
|---|---|---|---|---|---|---|
| Doug Bogie | Chair | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Allen Dahlseng | Vice Chair | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Jodi McGinty to Mar 2024 | Director | 0.30 |
Director
|
$0 | $0 | $0 |
| Laura Jergenson | Director | 0.30 |
Director
|
$0 | $0 | $0 |
| Tom Talle | Director | 0.30 |
Director
|
$0 | $0 | $0 |
| Mike Larson | Director | 0.30 |
Director
|
$0 | $0 | $0 |
| Sharon Braaten | Director | 0.30 |
Director
|
$0 | $0 | $0 |
| Sharon Isdahl | Director | 0.30 |
Director
|
$0 | $0 | $0 |
| Caryl Nelson | Director | 0.30 |
Director
|
$0 | $0 | $0 |
| Jason Garcia to Jun 2024 | Executive Director | 1.00 |
Officer
|
$0 | $0 | $0 |
| Angie Urman to Aug 2024 | Interim Administrator | 1.00 |
Officer
|
$0 | $0 | $0 |
| Emily Benham from Aug 2024 | Executive Director | 1.00 |
Officer
|
$0 | $0 | $0 |
| Marnie Gugisberg | Chief Financial Officer | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $48,883 | $80,746 | $550,955 | $-31,863 |
| 2023 | $38,287 | $21,386 | $582,818 | $16,901 |
| 2022 | $43,310 | $11,419 | $556,520 | $31,891 |
| 2021 | $38,774 | $36,567 | $548,624 | $2,207 |
| 2020 | $44,439 | $30,634 | $563,617 | $13,805 |
| 2019 | $49,831 | $8,994 | $538,891 | $40,837 |
| 2018 | $149,839 | $13,205 | $659,759 | $136,634 |
Compare Glenwood Retirement Home Foundation Inc with other nonprofits in Minnesota and across the country.