BOONE, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WESTHAVEN COMMUNITY MINISTRY OF THE EVANGELICAL FREE CHURCH, founded in 1912, is a community nonprofit in the Health Care sector that reported $7.1M in total revenue in fiscal year 2024. Expenses of $8.5M exceeded revenue, resulting in a 18% operating deficit.
TO PROVIDE RESIDENTS THE HIGHEST PRACTICABLE QUALITY CARE AND SERVICES THAT ALLOWS EACH INDIVIDUAL TO FEEL LOVED AND COMFORTABLE IN A CLEAN, HOMELIKE ENVIRONMENT.
WESTHAVEN COMMUNITY: "A MINISTRY OF THE EVANGELICAL FREE CHURCH" (THE ORGANIZATION) IS AN IOWA NONPROFIT CORPORATION ORGANIZED FOR THE PURPOSE OF OPERATING NURSING AND RETIREMENT FACILITIES IN BOONE...
WESTHAVEN COMMUNITY: "A MINISTRY OF THE EVANGELICAL FREE CHURCH" (THE ORGANIZATION) IS AN IOWA NONPROFIT CORPORATION ORGANIZED FOR THE PURPOSE OF OPERATING NURSING AND RETIREMENT FACILITIES IN BOONE, IOWA. THE CAMPUS CONSISTS OF 12 INDEPENDENT LIVING APARTMENTS, 19 ASSISTED LIVING APARTMENTS, AND A 100-BED LICENSED NURSING FACILITY. THE NURSING FACILITY BEDS ARE DUALLY CERTIFIED FOR MEDICAID AND MEDICARE PARTICIPATION, AND INCLUDE 25 BEDS THAT ARE FOR RESIDENTS WITH ALZHEIMER'S OR DEMENTIA (THE GARDEN MEMORY CARE).
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $7,147,294 | $6,734,658 | +0.1% |
| Expenses | $8,452,138 | $7,580,271 | +0.1% |
| Net Income | $-1,304,844 | $-845,613 | +0.5% |
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 |
|---|---|---|---|---|---|---|
| THOMAS CACKLER | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KAY LANDON | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVE UBBEN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GLEN LOZIER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEN HYKES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID STILLERY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE COFFMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JORDAN WINEINGER | EXECUTIVE DI | 40.00 |
Officer
|
$146,687 | $0 | $146,687 |
| MICHELLE REIFF | DON | 40.00 |
Highest
|
$103,950 | $0 | $103,950 |
| MELANIE MUSFELDT | DON | 40.00 |
Highest
|
$101,451 | $0 | $101,451 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $7,147,294 | $8,452,138 | $13,486,740 | $-1,304,844 |
| 2023 | $6,734,658 | $7,580,271 | $14,690,770 | $-845,613 |
| 2022 | $6,708,015 | $7,522,815 | $15,448,441 | $-814,800 |
| 2021 | $7,152,506 | $7,055,585 | $17,206,849 | $96,921 |
| 2020 | $8,795,841 | $7,610,634 | $17,163,769 | $1,185,207 |
| 2019 | $7,780,041 | $7,744,687 | $16,096,822 | $35,354 |
| 2018 | $7,811,904 | $7,597,887 | $15,955,166 | $214,017 |
Compare WESTHAVEN COMMUNITY MINISTRY OF THE EVANGELICAL FREE CHURCH with other nonprofits in Iowa and across the country.