WALNUT RIDGE, AR
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LAWRENCE-PROGRESSIVE ELDERCARE SERVICES INC, founded in 2015, is a micro nonprofit in the Housing & Shelter sector that reported $20K in total revenue in fiscal year 2023. Revenue surged 135667% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13K, a strong 62% operating margin.
THE ORGANIZATION PROVIDES AFFORDABLE SKILLED NURSING AND REHABILITATIVE CARE TO ILL, INFIRM, MEDICALLY DISABLED AND ELDERLY INDIVIDUALS IN A NON-TRADITIONAL LONG-TERM CARE ENVIRONMENT UTILIZING THE "CULTURE CHANGE OR "PERSON-CENTERED" CARE MODEL.
THE ORGANIZATION ACTS IN CONCERT WITH PROGRESSIVE ELDERCARE SERVICES, INC. (PES, INC.) TO FORM A NETWORK OF NURSING FACILITIES TO SERVE AS LOCATIONS FOR PROMOTING, DEVELOPING AND ADMINISTERING...
THE ORGANIZATION ACTS IN CONCERT WITH PROGRESSIVE ELDERCARE SERVICES, INC. (PES, INC.) TO FORM A NETWORK OF NURSING FACILITIES TO SERVE AS LOCATIONS FOR PROMOTING, DEVELOPING AND ADMINISTERING "CULTURE CHANGE", PERSON-CENTERED, LONG-TERM CARE FOR ILL, INFIRM, MEDICALLY DISABLED AND ELDERLY INDIVIDUALS. THE "CULTURE CHANGE" MODEL OF CARE IS DESIGNED TO EMPOWER ELDERS AND STAFF TO PARTICIPATE IN THE ESTABLISHMENT OF PATHWAYS THAT RESULT IN A HIGH DEGREE OF CHOICE, AUTONOMY, DIGNITY AND SELF-DETERMINATION FOR THE ELDERS SERVED. IT IS ANTICIPATED THAT WITH CONCERTED EFFORTS THE ORGANIZATION WILL INCREASE THE AVAILABILITY AND QUALITY OF HEALTH CARE FOR ITS RESPECTIVE COMMUNITIES, RESULTING IN BETTER HEALTH OUTCOMES AND QUALITY OF LIFE FOR THE ELDERLY.
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 | $20,365 | $15 | +1356.7% |
| Expenses | $7,658 | $14,223 | -0.5% |
| Net Income | $12,707 | $-14,208 | -1.9% |
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 |
|---|---|---|---|---|---|---|
| KELLY PARK | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROB COMPS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $20,365 | $7,658 | $31,786 | $12,707 |
| 2022 | $15 | $14,223 | $93,594 | $-14,208 |
| 2021 | $245,787 | $15,961 | $107,813 | $229,826 |
| 2020 | $879 | $17,829 | $119,182 | $-16,950 |
| 2019 | No data | $84,298 | $186,242 | No data |
| 2018 | $5,367,042 | $5,771,004 | $899,423 | $-403,962 |
Compare LAWRENCE-PROGRESSIVE ELDERCARE SERVICES INC with other nonprofits in Arkansas and across the country.