GLENCOE REGIONAL HEALTH SERVICES FOUNDATION INC

EIN: 411625505 501(c)(3)

GLENCOE, MN

Total Revenue
$165,692
Total Expenses
$154,665
Total Assets
$2,256,631
Net Assets
$2,225,388
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
MN
Principal Officer
LARRY ANDERSON
Phone
3208643121
Tax Period
2024-10-01 to 2025-09-30

GLENCOE REGIONAL HEALTH SERVICES FOUNDATION INC, founded in 1988, is a small nonprofit that reported $166K in total revenue in fiscal year 2024. Revenue surged 91% from the prior year, signaling strong growth momentum. Expenses of $155K left a modest 7% surplus.

Mission

TO PROVIDE OPPORTUNITIES FOR COMMUNITY-BASED HEALTH CARE SUPPORT AND TO PROMOTE GLENCOE REGIONAL HEALTH SERVICES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $116,690
Program Service Revenue $0
Investment Income $49,002
Other Revenue $0
TOTAL REVENUE $165,692

Expense Breakdown

Grants Paid $73,941
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $73,941
Other Expenses $80,724
TOTAL EXPENSES $154,665

Year-over-Year Comparison

2024 2023 Change
Revenue $165,692 $86,920 +0.9%
Expenses $154,665 $216,720 -0.3%
Net Income $11,027 $-129,800 -1.1%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
10

Governance Policies

✓ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$132,457
Total Directors
9
$1,259,462
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY ANDERSON PRESIDENT 0.50
Officer Director
$0 $0 $0
CINDY KLAUSTERMEIER VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
TINA ROSCKES SECRETARY/TREASURER 0.50
Officer Director
$0 $0 $0
DR AMIE SCANTLIN DIRECTOR/PHYSICIAN 0.50
Director
$0 $12,943 $332,334
DR AMANDA LEINO DIRECTOR/PHYSICIAN 0.50
Director
$0 $50,494 $459,305
DR CODY WENDLANDT DIRECTOR/PHYSICIAN 0.50
Director
$0 $27,519 $467,823
JON JERABEK DIRECTOR 0.50
Director
$0 $0 $0
KARI KUNKEL DIRECTOR 0.50
Director
$0 $0 $0
MARIE ZIMMERMAN DIRECTOR 0.50
Director
$0 $0 $0
LIZ CHENEY FOUNDATION DIRECTOR 25.00
Officer
$0 $41,316 $132,457
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $165,692 $154,665 $2,256,631 $11,027
2024 $86,920 $216,720 $2,095,759 $-129,800
2023 $285,909 $155,744 $1,819,567 $130,165
2022 $41,875 $180,845 $1,760,953 $-138,970
2021 $298,828 $303,214 $1,054,473 $-4,386
2020 $72,173 $80,055 $965,715 $-7,882
2019 $153,515 $188,014 $956,947 $-34,499
2018 $182,810 $331,791 $1,018,826 $-148,981
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