Salisbury, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Lutheran Services for the Aging Inc, founded in 1960, is a small nonprofit in the Human Services sector that reported $344K in total revenue in fiscal year 2023. Revenue fell 48% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $141K, a strong 41% operating margin.
Empowered by Christ, we walk together with all we serve.
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 | $343,532 | $656,164 | -0.5% |
| Expenses | $202,732 | $205,593 | 0.0% |
| Net Income | $140,800 | $450,571 | -0.7% |
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 |
|---|---|---|---|---|---|---|
| Ted Goins | President/CEO | 1.0 |
Officer
Director
|
$0 | $13,158 | $429,211 |
| Anna Yonge | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Brian Van Horn | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Capri Foy | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Cary M Grant | Vice Chair | 1.0 |
Director
|
$0 | $0 | $0 |
| David Turner | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Doug Nelson | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Frances R Lamb | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Gregory Hudgins | Chair | 1.0 |
Director
|
$0 | $0 | $0 |
| Hoang Nguyen | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Joel Miller | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Kaye R Leonard | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Mary Finklea | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Renee Rogers | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Rick Herman | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Shanitria Cuthbertson | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Sharon Graeber | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Sylvia Flack | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Tami Hefner | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Will Rose | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| Karen Maddry | Executive Assistant | 1.0 |
Officer
|
$0 | $10,047 | $94,526 |
| Kirby Nickerson | Chief Financial Officer | 1.0 |
Officer
|
$0 | $15,848 | $301,903 |
| Kesha Smith | Chief Operating Officer | 1.0 |
Key Emp
|
$0 | $14,715 | $295,440 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $343,532 | $202,732 | $10,470,415 | $140,800 |
| 2023 | $656,164 | $205,593 | $9,037,021 | $450,571 |
| 2022 | $869,433 | $425,049 | $8,029,519 | $444,384 |
| 2021 | $420,177 | $66,452 | $9,169,418 | $353,725 |
| 2020 | $282,835 | $80,190 | $8,090,463 | $202,645 |
| 2019 | $316,544 | $69,744 | $7,543,028 | $246,800 |
| 2018 | $352,720 | $130,146 | $7,321,500 | $222,574 |
Compare Lutheran Services for the Aging Inc with other nonprofits in North Carolina and across the country.