Lisbon, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Parkside Lutheran Home, founded in 1946, is a community nonprofit in the Health Care sector that reported $5.5M in total revenue in fiscal year 2024. Expenses of $5.2M left a modest 6% surplus.
Provide quality, holistic, and loving care in a home that enhances the lives of our residents and families that we serve.
Parkside Lutheran Home, a 40-bed skilled nursing facility, is dedicated to caring for the physical, emotional, and spiritual needs of our residents. To care for the physical needs we have a staff of...
Parkside Lutheran Home, a 40-bed skilled nursing facility, is dedicated to caring for the physical, emotional, and spiritual needs of our residents. To care for the physical needs we have a staff of RNs, LPNs, and certified nursing assistants available 24 hours per day. Each room is equipped with an emergency call system so help is never far away. In November of 2009, construction was completed on the two new units for private rooms and 10-bed basic care units, and these units were occupied. Each resident has an individual care plan developed at the time of admission. This plan is resident specific including all nursing cares, dietary needs/wants, as well as social service needs and activities. Our activities include bingo, baking, and crafts such as painting and bead work.We strive to provide care that enables each resident to achieve his or her highest level of physical and mental functioning. With this in mind we are able to carry out Parkside's mission which is: "Provide quality, holistic, and loving care in a home that enhances the lives of our residents and families that we serve."
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 | $5,506,398 | $5,409,093 | +0.0% |
| Expenses | $5,203,195 | $5,119,430 | +0.0% |
| Net Income | $303,203 | $289,663 | +0.0% |
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 |
|---|---|---|---|---|---|---|
| Dan Olson | President | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Cindy Stetson | Vice President | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Pastor Ella Moehlman | Director | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Nick Storhaug | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Art Hagen | Director (thru Oct 2024) | 0.50 |
Director
|
$0 | $0 | $0 |
| Tylea Horgeshimer | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Arleene Hansen | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Tim Kennedy | Administrator | 20.00 |
Officer
|
$81,068 | $7,877 | $88,945 |
| Kathy Schultz | Business Manager | 40.00 |
Officer
|
$110,827 | $29,954 | $140,781 |
| Moses Benda | CNA | 80.00 |
Highest
|
$111,652 | $19,178 | $130,830 |
| Moses Kuylee | CNA | 80.00 |
Highest
|
$113,633 | $18,659 | $132,292 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $5,506,398 | $5,203,195 | $3,212,632 | $303,203 |
| 2024 | $5,409,093 | $5,119,430 | $3,047,514 | $289,663 |
| 2023 | $5,359,628 | $4,896,412 | $2,979,922 | $463,216 |
| 2022 | $5,094,656 | $4,384,279 | $2,503,513 | $710,377 |
| 2021 | $4,414,862 | $4,239,155 | $2,542,241 | $175,707 |
| 2020 | $4,120,980 | $4,265,773 | $2,561,462 | $-144,793 |
| 2019 | $3,798,588 | $4,279,349 | $2,433,257 | $-480,761 |
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