Fargo, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BEK Care LLC, founded in 2014, is a community nonprofit that reported $7.6M in total revenue in fiscal year 2023. Expenses of $7.2M left a modest 5% surplus.
The mission of Ethos Home Health is to enrich the quality of living for those we serve.
BEK Care, LLC, dba Ethos Home Care and Hospice began in 2014 to serve the Fargo-Moorhead area with quality home care services. Recognizing the additional need for hospice services in the area, Ethos...
BEK Care, LLC, dba Ethos Home Care and Hospice began in 2014 to serve the Fargo-Moorhead area with quality home care services. Recognizing the additional need for hospice services in the area, Ethos began offering hospice services in 2018. Ethos Home Care and Hospice was recognized as a 501(c)(3) nonprofit organization in July 2018. In Fiscal Year 2024, Ethos Home Care and Hospice served over 1,900 individuals.(Continued on Schedule O) BEK Care was formed as a partnership among Bethany Retirement Living (Fargo, ND), Eventide Senior Living (Moorhead, MN), and Knute Nelson (Alexandria, MN). Each partner organization, on its own, is widely recognized for providing innovative services to aging adults throughout a continuum of care. Additionally, and most importantly, each partner possesses similar values and is committed to achieving the highest quality of care for their organizations to successfully accomplish their nonprofit missions.The goal of the Home Health Care program is to help individuals stay in their own home as long as possible. Home health care helps individuals of any age with skilled nursing services, physical, speech and occupational therapies, IV therapy, wound care, home health aide, or assessment and management of their medical needs. Hospice cares for people with life-limiting illnesses utilizing a holistic approach, including medical, physical, emotional, social and spiritual care for patients and families. Hospice provides a wide range of services from skilled nursing, medication and pain management, home health aides, physical therapy, occupational therapy, social workers, Chaplain services, and a host of enriching services including music therapy, massage therapy, aromatherapy, and pet therapy. Hospice is provided wherever the patient calls home in their own homes, nursing facilities, or other housing locations. Bereavement services and follow-up care are also a part of the hospice program. Ethos Home Care and Hospice has nearly 60 staff along with many dedicated volunteers (20 in FY 2024) and serves a growing number of individuals with home health care and hospice services. Their service area includes individuals living in the Fargo-Moorhead and Grand Forks (and surrounding) areas.
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 | $7,586,201 | $7,709,317 | 0.0% |
| Expenses | $7,220,226 | $8,205,146 | -0.1% |
| Net Income | $365,975 | $-495,829 | -1.7% |
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 |
|---|---|---|---|---|---|---|
| Scott HolmAdministrator | President | 40.00 |
Officer
|
$93,786 | $33,173 | $126,959 |
| Rob Bye | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mark Anderson | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Marnie Gugisberg | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Shawn Stuhaug | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kinsey Nelson | Medical Director | 40.00 |
Highest
|
$192,235 | $11,642 | $203,877 |
| Jon Riewer | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Melissa Heesch | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Dawn Hummel | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Paulette Amundson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Katie Perry | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jack Rydell | Director thru April 2024 | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $7,586,201 | $7,220,226 | $3,802,680 | $365,975 |
| 2023 | $7,709,317 | $8,205,146 | $3,327,564 | $-495,829 |
| 2022 | $7,897,003 | $7,524,144 | $3,985,890 | $372,859 |
| 2021 | $6,919,047 | $5,816,112 | $3,333,924 | $1,102,935 |
| 2020 | $4,109,203 | $4,036,111 | $2,442,952 | $73,092 |
| 2019 | $4,132,231 | $3,242,690 | $1,806,271 | $889,541 |
| 2018 | $829,410 | $628,214 | $1,246,508 | $201,196 |
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