Fargo, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Hospice of the Red River Valley, founded in 1978, is a mid-sized nonprofit in the Human Services sector that reported $42.7M in total revenue in fiscal year 2023. Expenses of $39.5M left a modest 7% surplus.
The mission of Hospice of the Red River Valley is to provide comfort and care through life's journey.
Hospice Care: Medically directed and team-coordinated services to terminally ill patients and their families. Patients and families receive care according to plans personalized to each patient and...
Hospice Care: Medically directed and team-coordinated services to terminally ill patients and their families. Patients and families receive care according to plans personalized to each patient and family's needs, wishes and abilities, enlisting all the skills of the hospice team. The care and services are provided to people in a more than 44 county service area in the greater Red River Valley area of the North Dakota/Minnesota border, central and eastern North Dakota, and Northwestern Minnesta. It is provided without regard for the patient or family's ability to pay. In 2023, Hospice of the Red River Valley served 2,471 patients from offices in Fargo, Grand Forks, Valley City, Devils Lake, and Bismarck, North Dakota and Detroit Lakes, Fergus Falls, and Thief River Falls, Minnesota.
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 | $42,746,270 | $41,670,805 | +0.0% |
| Expenses | $39,549,506 | $32,923,018 | +0.2% |
| Net Income | $3,196,764 | $8,747,787 | -0.6% |
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 |
|---|---|---|---|---|---|---|
| Erik Barner | President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jon Benson | Past President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mary Dockter | Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nancy Andrews | Secretary/Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Laurie Natwick | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Paul Diederich | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Mike Lillestol | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Tom Eide | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Todd Fisher | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Nate Vollmuth | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Rebecca Nichol | Board Member (until Nov) | 2.00 |
Director
|
$0 | $0 | $0 |
| Trisha Pearson | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Rachel Rogen | Board Member (As of May) | 2.00 |
Director
|
$0 | $0 | $0 |
| Theresa Capron | Executive Director | 45.00 |
Officer
|
$364,363 | $22,207 | $386,570 |
| Theresa Stahl | Director of Finance | 47.50 |
Officer
|
$202,464 | $8,101 | $210,565 |
| Tracie Mallberg Sylvester | Medical Director | 38.50 |
Highest
|
$286,707 | $25,470 | $312,177 |
| Becky Pfau - Director | of Clinical Operational | 40.00 |
Highest
|
$185,290 | $17,119 | $202,409 |
| Mike Meyer | Director of Philanthropy | 40.00 |
Highest
|
$157,987 | $21,832 | $179,819 |
| Jennifer Johnson | Nurse Practitioner | 40.00 |
Highest
|
$145,292 | $443 | $145,735 |
| Melissa John | Nurse Practitioner | 40.00 |
Highest
|
$136,876 | $15,049 | $151,925 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $42,746,270 | $39,549,506 | $48,567,206 | $3,196,764 |
| 2022 | $41,670,805 | $32,923,018 | $43,869,563 | $8,747,787 |
| 2021 | $40,968,407 | $32,076,053 | $35,472,636 | $8,892,354 |
| 2020 | $33,849,061 | $30,172,018 | $29,216,020 | $3,677,043 |
| 2019 | $32,592,579 | $28,935,849 | $20,814,532 | $3,656,730 |
| 2018 | $26,841,716 | $25,883,150 | $15,485,222 | $958,566 |
Compare Hospice of the Red River Valley with other nonprofits in North Dakota and across the country.