LONGMONT, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOPELIGHT MEDICAL CLINIC, founded in 2014, is a community nonprofit in the Human Services sector that reported $5.2M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.
Our primary mission is to provide quality free or low cost primary care to low-income patients in the greater Longmont area. The clinic also provides behavioral services for children with disabilities a fitness program and serves as a Red Cross Training Center.
Our mission as a clinic is to provide primary medical care to low-income patients. In 2022 40% of our patients seen fell below a total income of less than 200% of the federal poverty guidelines. An...
Our mission as a clinic is to provide primary medical care to low-income patients. In 2022 40% of our patients seen fell below a total income of less than 200% of the federal poverty guidelines. An additional 60% of our patients seen are a part of medicaid or medicare. In 2022 the clinic served 8500 patients. The clinic was open for five days a week Mon,Tues Wed Thurs and Friday. Donations of medicines and over the counter items allowed the clinic to offer medications to the clinics patients.
Hopelight provides behavioral health services to children and adults with developmental disabilities. Applied Behavioral Analysis is used to address the needs of these children. Pediatric Behavioral...
Hopelight provides behavioral health services to children and adults with developmental disabilities. Applied Behavioral Analysis is used to address the needs of these children. Pediatric Behavioral Therapies are offered to children who qualify for Medicaid.
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 | $5,181,390 | $4,701,289 | +0.1% |
| Expenses | $5,500,320 | $5,042,976 | +0.1% |
| Net Income | $-318,930 | $-341,687 | -0.1% |
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 |
|---|---|---|---|---|---|---|
| Edward Bowen | Executive Director | 30.00 |
Officer
Director
|
$0 | $0 | $0 |
| Eric Baxtor | Board President | 2.00 |
Director
|
$0 | $0 | $0 |
| Lynnwood Cockerham | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Ken Dean | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Linsdey Wilson | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Glenna Glover | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $5,181,390 | $5,500,320 | $522,307 | $-318,930 |
| 2022 | $4,701,289 | $5,042,976 | $780,764 | $-341,687 |
| 2021 | $4,151,967 | $4,737,581 | $1,085,503 | $-585,614 |
| 2021 | $4,151,967 | $4,737,581 | $1,085,503 | $-585,614 |
| 2020 | $4,330,945 | $3,528,154 | $1,285,313 | $802,791 |
Compare HOPELIGHT MEDICAL CLINIC with other nonprofits in Colorado and across the country.