Minneapolis, MN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Living Services Foundation, founded in 1999, is a community nonprofit in the Health Care sector that reported $2.9M in total revenue in fiscal year 2024. Expenses of $3.2M exceeded revenue, resulting in a 11% operating deficit.
The Foundation is organized and shall be operated primarily to own, maintain, operate and conduct, directly or indirectly, housing and long-term care facilities for the elderly and to assist and coordinate activities of facilities for health care, social services, education and research, and do any and all other acts and things and exercise any and all other rights and powers which may be reasonably necessary, incidental, desirable or expedient in the accomplishment of such purposes.
The organization owns and provides management oversight to the following wholly owned subsidiaries:Living Services Foundation/Minneota, LLC consists of a 57-bed skilled nursing facility and 33-unit...
The organization owns and provides management oversight to the following wholly owned subsidiaries:Living Services Foundation/Minneota, LLC consists of a 57-bed skilled nursing facility and 33-unit assisted living facility located in Minneota, Minnesota. Living Services Foundation/Mora, LLC consists of a 65-bed skilled nursing facility, a 35-unit assisted living facility, and clinic space for LSF Mora, LLC, located in Mora, Minnesota.(Continued on Schedule O)Benedictine Living Community of Mora operates the facilities owned by Living Services Foundation/Mora, LLC and manages a 30 unit assisted living building for a third party in Mora, MN.The organization operates Living Services Foundation - Minneota, Living Services Foundation/Mora, LLC and Benedictine Living Community of Mora.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,931,399 | $2,882,324 | +0.0% |
| Expenses | $3,244,691 | $3,316,777 | 0.0% |
| Net Income | $-313,292 | $-434,453 | -0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dennis Kamstra | Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Robert Sundberg | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Rod Pakonen | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Paul Sanders | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Jennifer Gleason | CEO | 33.00 |
Officer
|
$215,010 | $0 | $215,010 |
| Tammy Esping | Director of Nursing | 40.00 |
Highest
|
$125,504 | $3,765 | $129,269 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,931,399 | $3,244,691 | $8,367,267 | $-313,292 |
| 2024 | $2,882,324 | $3,316,777 | $8,465,067 | $-434,453 |
| 2023 | $2,152,324 | $3,295,500 | $8,510,167 | $-1,143,176 |
| 2022 | $5,482,611 | $4,786,226 | $9,713,975 | $696,385 |
| 2021 | $6,646,276 | $6,563,182 | $11,713,734 | $83,094 |
| 2020 | $6,993,759 | $6,651,219 | $9,982,737 | $342,540 |
| 2019 | $6,067,446 | $5,727,726 | $9,192,649 | $339,720 |
| 2018 | $4,775,899 | $5,084,959 | $9,477,165 | $-309,060 |
Compare Living Services Foundation with other nonprofits in Minnesota and across the country.