Fargo, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Sisters of Mary of the Presentation Prairieland Home Care, founded in 1985, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2022. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $2.3M exceeded revenue, resulting in a 68% operating deficit.
Prairieland Home Care continues the healing of Jesus Christ by providing quality healthcare in the home. We tend to physical, emotional, and spiritual needs of our patients.
Prairieland Home Care was sponsored by the Sisters of Mary of the Presentation, a religious order located in Valley City, North Dakota. The Sisters of Mary of the Presentation belong to a larger...
Prairieland Home Care was sponsored by the Sisters of Mary of the Presentation, a religious order located in Valley City, North Dakota. The Sisters of Mary of the Presentation belong to a larger religious community founded in 1828 in Broons, France by two sisters, Louise and Laurence LeMarch.Prairieland Home Care provided a team of trained health care professionals who served patients in their home. Prairieland Home Care provides home care services to 4 counties in Illinois. (Continued on Schedule O)The mission of Prairieland Home Care was to provide home care to all with special emphasis to the elderly and poor. The mission was congruent with the core values of the Sisters of Mary of the Presentation to include: Simplicity, keeping our ministry centered on God and service to people. We are simple and direct in our relationships; Hospitality, being open and welcoming all; Compassionate Care, manifesting God's presence by our concerned approach for the dignity and worth of each person as we give excellent personalized care to those we serve; Concern and Care of the Poor, supporting the cause of the poor and the elderly in ways manifested to us and to the extent our human and financial resources allow; Shared Ministry, collaborating as partners with those who share our ministry. We are united to serve the Mission and, as a team, build communities within our ministry; Stewardship, being responsible stewards of our resources: human, physical, and financial.As a not-for-profit, Catholic Healthcare organization, patients were treated, regardless of their ability to pay. This was consistent with the mission and the Core Values of the Sisters. In addition, Prairieland Home Care provided thousands of dollars in resources, including time and contributions to many throughout the region. To fulfill the mission of community service, the Organization provided care to patients who meet certain criteria under the charity care policy without charge or at amounts less than its established rates. Revenue from services to these patients is recorded in the accounting system at the established rates, but the Organization does not pursue collection of the amounts. The resulting adjustments are recorded as adjustments to patient service revenue, depending on the timing of the charity determination.The Organization provided services to other medically indigent patients under certain government-reimbursed public aid programs. Such programs paid providers amounts which were less than established charges for the services provided to the recipients, and for some services the payments were less than the cost of rendering the services provided.
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $1,377,352 | $2,311,019 | -0.4% |
| Expenses | $2,313,018 | $2,252,838 | +0.0% |
| Net Income | $-935,666 | $58,181 | -17.1% |
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 |
|---|---|---|---|---|---|---|
| Sr Sharon Houle | Chair | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| James T Kennelly | Vice Chair | 0.30 |
Officer
Director
|
$0 | $42,273 | $247,273 |
| Pam Dornik | Director | 0.30 |
Director
|
$0 | $0 | $0 |
| Aaron K Alton - Director | President/CEO SMPHS | 1.00 |
Director
|
$0 | $57,986 | $1,073,996 |
| Becky Hansen | VP Finance | 0.30 |
Officer
Director
|
$0 | $72,125 | $578,359 |
| Sr Suzanne Stahl | Secretary | 0.30 |
Officer
|
$0 | $0 | $0 |
| Robert Lesmann | Administrator | 40.00 |
Officer
|
$125,746 | $19,524 | $145,270 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $1,377,352 | $2,313,018 | No data | $-935,666 |
| 2022 | $2,311,019 | $2,252,838 | $3,022,576 | $58,181 |
| 2021 | $2,551,991 | $2,124,761 | $3,526,442 | $427,230 |
| 2020 | $2,197,704 | $1,922,743 | $2,786,303 | $274,961 |
| 2019 | $1,779,915 | $1,718,757 | $2,250,438 | $61,158 |
| 2018 | $1,661,739 | $1,496,489 | $2,134,884 | $165,250 |
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