Velva, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Souris Valley Care Center Inc, founded in 1977, is a community nonprofit in the Health Care sector that reported $6.1M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion.
To share God's love in word and in deed by providing shelter to older persons and others in need, believing that "In Christ's Love, Everyone is Someone".
Souris Valley Care Center (the Center) is a non-profit senior living center in Velva, North Dakota. The Center operates a 50 skilled care bed long-term care facility and a 16 unit assisted living...
Souris Valley Care Center (the Center) is a non-profit senior living center in Velva, North Dakota. The Center operates a 50 skilled care bed long-term care facility and a 16 unit assisted living center.
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 | $6,125,924 | $5,662,361 | +0.1% |
| Expenses | $5,990,799 | $5,779,239 | +0.0% |
| Net Income | $135,125 | $-116,878 | -2.2% |
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 |
|---|---|---|---|---|---|---|
| Larry Lee | Board Chairperson | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Valerie Heisler | Board Vice Chairperson | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Bonnie Thom | Board Secretary | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Shawn Vedaa | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Tracy Krueger | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Kerry Clark | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Dan Flaherty | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| David Kramer | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Doug Panchot | Administrator | 40.00 |
Officer
|
$0 | $0 | $0 |
| Krista Talley | RN | 47.88 |
Highest
|
$125,621 | $0 | $125,621 |
| Connie Heit | LPN | 54.29 |
Highest
|
$117,983 | $24,471 | $142,454 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $6,125,924 | $5,990,799 | $2,629,663 | $135,125 |
| 2022 | $5,662,361 | $5,779,239 | $2,449,289 | $-116,878 |
| 2021 | $4,378,856 | $4,635,347 | $2,628,371 | $-256,491 |
| 2020 | $4,839,530 | $4,408,945 | $3,132,786 | $430,585 |
| 2019 | $4,082,573 | $4,325,629 | $2,774,512 | $-243,056 |
| 2018 | $4,147,559 | $4,068,169 | $3,215,922 | $79,390 |
Compare Souris Valley Care Center Inc with other nonprofits in North Dakota and across the country.