CHICAGO, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DANISH HOME FOUNDATION, founded in 2011, is a community nonprofit in the Housing & Shelter sector that reported $2.5M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.8M, a strong 74% operating margin.
THE DANISH HOME FOUNDATION IS A CHARITABLE ORGANIZATION DEDICATED TO HONORING AND SUPPORTING COMMUNITIES CENTERED IN DANISH AND SCANDINAVIAN CUSTOMS.
TO CONDUCT FUNDRAISING EFFORTS AND DISTRIBUTE FUNDS TO SUPPORT THE MINISTRIES AND OPERATIONS OF THE SOCIETY FOR THE DANISH OLD PEOPLE'S HOME. THE SOCIETY FOR THE DANISH OLD PEOPLE'S HOME MAINTAINS...
TO CONDUCT FUNDRAISING EFFORTS AND DISTRIBUTE FUNDS TO SUPPORT THE MINISTRIES AND OPERATIONS OF THE SOCIETY FOR THE DANISH OLD PEOPLE'S HOME. THE SOCIETY FOR THE DANISH OLD PEOPLE'S HOME MAINTAINS AND OPERATES, ON A CHARITABLE BASIS, A SENIOR LIVING COMMUNITY. ACCOMODATIONS, DINING, MEDICAL TREATMENT, NURSING, AND OTHER SENIOR SERVICES ARE 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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,463,115 | $2,061,230 | +0.2% |
| Expenses | $649,044 | $1,188,124 | -0.5% |
| Net Income | $1,814,071 | $873,106 | +1.1% |
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 |
|---|---|---|---|---|---|---|
| KIM ERIKSEN | CHAIR | 7.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAUL PEDERSEN | VICE-CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAWN JENSEN | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKAEL OLESEN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| SCOTT SWANSON | PRESIDENT/CEO | 40.00 |
Officer
|
$0 | $15,725 | $273,149 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,463,115 | $649,044 | $4,855,260 | $1,814,071 |
| 2024 | $2,061,230 | $1,188,124 | $8,580,110 | $873,106 |
| 2023 | $1,530,072 | $1,135,462 | $11,656,777 | $394,610 |
| 2022 | $2,064,933 | $1,011,910 | $9,601,278 | $1,053,023 |
| 2021 | $754,960 | $930,545 | $9,184,246 | $-175,585 |
| 2020 | $495,661 | $395,245 | $8,549,432 | $100,416 |
| 2019 | $1,036,030 | $1,104,242 | $8,629,932 | $-68,212 |
| 2018 | $1,565,745 | $1,069,522 | $8,821,237 | $496,223 |
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