MCDOWELL HOME HEALTH AGENCY INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1971

Legal Domicile

Phone

8592368946

Tax Period

2023-10-01 to 2024-09-30

MCDOWELL HOME HEALTH AGENCY INC, founded in 1971, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $3.6M exceeded revenue, resulting in a 49% operating deficit.

Mission

TO PROVIDE HOME HEALTH SERVICES TO THE RESIDENTS OF BOYLE AND SURROUNDING COUNTIES.

Program Service Accomplishments

Program 1

Expenses: $3,618,578 Revenue: $2,435,791

MCDOWELL HOME HEALTH, THE AREA'S MOST EXPERIENCED AGENCY, PROVIDES QUALITY CONVENIENT HEALTH CARE TO PATIENTS IN THE COMFORT OF THEIR HOME. MCDOWELL HOME HEALTH DELIVERS HOSPITAL QUALITY NURSING...

MCDOWELL HOME HEALTH, THE AREA'S MOST EXPERIENCED AGENCY, PROVIDES QUALITY CONVENIENT HEALTH CARE TO PATIENTS IN THE COMFORT OF THEIR HOME. MCDOWELL HOME HEALTH DELIVERS HOSPITAL QUALITY NURSING, PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY, AND NURSING AIDE CARE. CLINICAL SERVICES ARE AVAILABLE 24 HOURS A DAY, 7 DAYS PER WEEK. MCDOWELL HOME HEALTH IS A MEDICARE AND MEDICAID CERTIFIED AGENCY THAT PROVIDES SERVICES IN 8 COUNTIES INCLUDING: BOYLE, MERCER, GARRARD, LINCOLN, CASEY, MARION, WASHINGTON AND ANDERSON COUNTIES. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,435,791

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,435,791

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,503,828

Fundraising Expenses $0

Program Expenses $3,618,578

Other Expenses $1,114,750

TOTAL EXPENSES $3,618,578

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,435,791	$2,123,996	+0.1%
Expenses	$3,618,578	$2,907,795	+0.2%
Net Income	$-1,182,787	$-783,799	+0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$2,259,976

Total Directors

$1,496,091

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL MCKAY	PRESIDENT & CEO	1.0	Officer Director	$0	$62,774	$909,661
DAVID GRIGSON	TREASURER	1.0	Officer Director	$0	$0	$3,300
DAVID MONTGOMERY MD	MEDICAL STAFF VICE PRESIDENT	1.0	Officer Director	$0	$0	$750
ERIC GUERRANT MD	VICE CHAIR	1.0	Officer Director	$0	$0	$7,300
JULIAN GANDER	CHAIR	1.0	Officer Director	$0	$0	$3,300
KAY RICHARDSON	EM HEALTH CARE FOUNDATION CHAIR	1.0	Officer Director	$0	$0	$4,950
REBECCA CHATHAM MD	MEDICAL STAFF PRESIDENT	1.0	Officer Director	$0	$0	$12,800
TIFFANY YEAST	SECRETARY	1.0	Officer Director	$0	$0	$3,300
BRIAN ELLIS MD	BOARD MEMBER	0.5	Director	$0	$46,259	$515,030
CHRIS WHITWORTH	BOARD MEMBER	0.5	Director	$0	$0	$4,500
ERIC CALDWELL	BOARD MEMBER	0.5	Director	$0	$0	$4,350
JAMES DUNN	BOARD MEMBER	0.5	Director	$0	$0	$4,800
JEREMY TARTER MD	BOARD MEMBER	0.5	Director	$0	$0	$3,300
JOETTA WICKLIFFE	BOARD MEMBER	0.5	Director	$0	$0	$4,800
LINDA TILLMAN	BOARD MEMBER	0.5	Director	$0	$0	$4,050
MIKE W TAYLOR	BOARD MEMBER	0.5	Director	$0	$0	$3,300
SCOTT BOTTOMS	BOARD MEMBER	0.5	Director	$0	$0	$3,300
SHAWN MARKHAM	BOARD MEMBER	0.5	Director	$0	$0	$0
THOMAS HAGER	BOARD MEMBER	0.5	Director	$0	$0	$3,300
AMANDA KINMAN	CFO	1.0	Officer	$0	$44,044	$386,685
LIBBY MAYES	ASST. VP COMMUNITY ENGAGEMENT	1.0	Officer	$0	$38,298	$261,024
NICHOLAS SPOONMORE	VP STRATEGIC INITIATIVES	1.0	Officer	$0	$31,331	$291,252
TAMMY ENSSLIN	CHIEF LEGAL OFFICER	3.0	Officer	$0	$60,111	$375,654

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$2,435,791	$3,618,578	$1,946,034	$-1,182,787
2023	$2,123,996	$2,907,795	$1,668,228	$-783,799
2022	$2,349,608	$3,287,446	$1,504,224	$-937,838
2021	$2,723,352	$3,498,637	$1,501,776	$-775,285
2020	$2,632,854	$3,530,456	$1,443,469	$-897,602
2019	$3,295,348	$3,811,283	$1,792,020	$-515,935
2018	$2,582,723	$3,436,363	$1,403,541	$-853,640