Mankato, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Mankato Clinic Foundation Inc, founded in 1966, is a small nonprofit in the Health Care sector that reported $278K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $313K exceeded revenue, resulting in a 12% operating deficit.
To provide, promote and develop health education and healthy lifestyle awareness to members of the Mankato Clinic service area.
The Foundation provided grants to organizations that focus on promoting healthy lifestyles and wellness in the community. In addition, money is provided to South Central College to award as...
The Foundation provided grants to organizations that focus on promoting healthy lifestyles and wellness in the community. In addition, money is provided to South Central College to award as scholarships to nursing students in their respective programs.The Foundation provided scholarships to area Mankato Clinic employees who are students starting or advancing health care education programs at the college level. Five direct scholarships were awarded.
The Foundation assists with health education projects including Educare, car seat safety, and Impact Program.Educare is a non-profit, public entity which provides financial support to Mankato Area...
The Foundation assists with health education projects including Educare, car seat safety, and Impact Program.Educare is a non-profit, public entity which provides financial support to Mankato Area Public Schools, beyond the normal operating budgets, for programs and activities that enhance educational opportunities for all students. Through this funding we enable teachers to explore new ways to expand a world of learning for their students.The car seat safety program provides on-going, free of charge car seat safety lessons open to the public. This class helps parents avoid mistakes that can put their children at risk. The classes are taught by certified National Highway Transportation Safety Administration technicians. This program serves 100 - 200 families each year. The Impact Program provides special software which can evaluate possible sports related head injuries in high school athletes. This program is utilized at nine schools and one youth hockey league. This program serves approximately 1,700 student athletes per year.
The Foundation provided scholarships to area Mankato Clinic employees who are students starting or advancing health care education programs at the college level. Five direct scholarships were awarded.
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 | $278,001 | $391,421 | -0.3% |
| Expenses | $312,629 | $320,063 | 0.0% |
| Net Income | $-34,628 | $71,358 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| Katie Anderson MD | Chairperson | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Richard Peller | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Keith Baurer | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Rylee Anderson | Board Member | 0.20 |
Director
|
$0 | $0 | $0 |
| Mike Kittelson | Board Member | 0.20 |
Director
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$0 | $0 | $0 |
| Lisa Cownie | Board Member | 0.20 |
Director
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$0 | $0 | $0 |
| Julia Ketcham Corbett | Board Member | 0.20 |
Director
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$0 | $0 | $0 |
| Sreelatha Spieker | Board Member | 0.20 |
Director
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$0 | $0 | $0 |
| Jessica Beyer | Board Member | 0.20 |
Director
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$0 | $0 | $0 |
| Tami Meehan | Board Member | 0.20 |
Director
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$0 | $0 | $0 |
| Thomas Finn | Board Member | 0.20 |
Director
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$0 | $0 | $0 |
| Nancy Dobson | Board Member | 0.20 |
Director
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$0 | $0 | $0 |
| Marcia Bahr | President | 10.00 |
Officer
|
$0 | $0 | $0 |
| Coty Bruender | Treasurer | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $278,001 | $312,629 | $1,480,770 | $-34,628 |
| 2022 | $391,421 | $320,063 | $1,344,681 | $71,358 |
| 2021 | $341,884 | $267,592 | $1,463,723 | $74,292 |
| 2020 | $155,806 | $215,621 | $1,250,975 | $-59,815 |
| 2019 | $364,981 | $277,595 | $1,124,169 | $87,386 |
| 2018 | $321,845 | $233,678 | $959,688 | $88,167 |
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