BILLINGS, MT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RIMROCK FOUNDATION, founded in 1968, is a community nonprofit that reported $9.8M in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $15.5M exceeded revenue, resulting in a 59% operating deficit.
WE CREATE OPPORTUNITY FOR THOSE IMPACTED BY ADDICTION AND MENTAL ILLNESS THROUGH INNOVATIVE, COMPASSIONATE, AND LIFE CHANGE CARE.
TREATMENT SERVICES ARE PROVIDED THROUGH THE FOLLOWING THERAPEUTIC LEVELS OF CARE: MEDICAL DETOXIFICATION, INPATIENT, PARTIAL HOSPITALIZATION, RESIDENTIAL, CRISIS STABILIZATION, INTENSIVE OUTPATIENT...
TREATMENT SERVICES ARE PROVIDED THROUGH THE FOLLOWING THERAPEUTIC LEVELS OF CARE: MEDICAL DETOXIFICATION, INPATIENT, PARTIAL HOSPITALIZATION, RESIDENTIAL, CRISIS STABILIZATION, INTENSIVE OUTPATIENT, OUTPATIENT CARE AND PACT SERVICES. THESE LEVELS OF CARE AND THERAPEUTIC SERVICES ARE ORGANIZED TO DELIVER A STATE OF ART CONTINUUM OF CARE IN WHICH PATIENTS AND THEIR FAMILIES RECEIVE THE BROADEST RANGE OF SERVICES NECESSARY, COORDINATED IN AN INDIVIDUALIZED RECOVERY PROGRAM FOR EACH PATIENT AND FAMILY MEMBER. RIMROCK FOUNDATION HAS PIONEERED THE ADVANCED INTEGRATED MODEL OF ADDICTION TREATMENT, WHICH COMBINES THE BEST APPROACHES AVAILABLE TODAY TO TREAT PATIENTS WITH ADDICTION PROBLEMS AND CONCURRENT MENTAL ILLNESS. RIMROCK'S SINGLE GOAL IS TO ASSURE THE HIGHEST QUALITY OF CARE, USING STATE OF THE ART APPROACHES, FOR THE PURPOSE OF ENHANCING PATIENT OUTCOMES. TO ACHIEVE THIS, THE ORGANIZATION REQUIRES TRAINED PROFESSIONALS REPRESENTING ADDICTION, MEDICINE AND MENTAL HEALTH DISCIPLINES, WORKING AS A COLLABORATIVE TEAM IN WHICH EACH DISCIPLINE CONTRIBUTES AND COMMUNICATES. EACH MEMBER OF THE ORGANIZATION'S STAFF IS EXPECTED TO BE COMMITTED TO PROVIDING QUALITY CARE AND ACTIVELY PARTICIPATING IN ORGANIZATION WIDE EFFORTS TO IMPROVE PATIENT CARE.
RIMROCK FOUNDATION PROVIDES DETOXIFICATION SERVICES TO OVER 287 CLIENTS GENERATING $920,246 OF WHICH DISCOUNTS ARE $572,357 AND FREE CARE OF $13,295 WERE PROVIDED TO CLIENTS WHO WERE DETERMINED...
RIMROCK FOUNDATION PROVIDES DETOXIFICATION SERVICES TO OVER 287 CLIENTS GENERATING $920,246 OF WHICH DISCOUNTS ARE $572,357 AND FREE CARE OF $13,295 WERE PROVIDED TO CLIENTS WHO WERE DETERMINED UNABLE TO PAY FOR THE SERVICES. MANY TIMES THESE CLIENTS WOULD TRANSFER TO INPATIENT TREATMENT FOR ADULTS. INPATIENT SERVICES WERE PROVIDED TO 421 CLIENTS WITH REVENUES OF $7,267,128 WITH DISCOUNTS OF $4,319,318 AND FREE CARE OF $0 PROVIDED TO CLIENTS.
RIMROCK FOUNDATION PROVIDES SUBSTANCE ABUSE TREATMENT FOR MEN AT THEIR WHITE BIRCH NORTH AND SOUTH FACILITIES IN BILLINGS, MT. A TOTAL OF 329 CLIENTS WERE SERVED IN 2023. REVENUES TOTALED $4,167,582...
RIMROCK FOUNDATION PROVIDES SUBSTANCE ABUSE TREATMENT FOR MEN AT THEIR WHITE BIRCH NORTH AND SOUTH FACILITIES IN BILLINGS, MT. A TOTAL OF 329 CLIENTS WERE SERVED IN 2023. REVENUES TOTALED $4,167,582 OF WHICH $2,798,130 WERE DISCOUNTED. THESE CLIENTS ARE LOWER INCOME AND 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 | $9,776,779 | $15,557,369 | -0.4% |
| Expenses | $15,543,138 | $16,083,619 | 0.0% |
| Net Income | $-5,766,359 | $-526,250 | +10.0% |
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 |
|---|---|---|---|---|---|---|
| SHANE HEIGIS | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALLEN HALTER | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIM ECKENROAD | TREASURY/SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFFREY KELLER | PAST CHAIR (TERMED 4.11.23) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JANI MCCALL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BILL LAMDIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN ROBERTS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STACY ZINN-BRITTAIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CATHY CULLEN-KUHR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CECI BENTLER | DIRECTOR (TERMED 10.25.23) | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIEL BROOKS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BOBBI BLAIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRANDON SCALA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE PINNOW | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ADAM LAUWERS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LENNETTE KOSOVICH | CEO (TERMED 06.30.23) | 40.00 |
Officer
|
$310,451 | $2,173 | $312,624 |
| JEFFREY KELLER | CEO | 40.00 |
Officer
|
$116,569 | $2,806 | $119,375 |
| BURKE KUFELD | CFO (TERMED 4.1.23) | 40.00 |
Officer
|
$1,252 | $0 | $1,252 |
| COLLEEN NUERENBERGER | CFO | 40.00 |
Officer
|
$102,211 | $0 | $102,211 |
| FRANCES HORN-CHARNESKY | DIRECTOR MENTAL HEALTH SERVICES | 40.00 |
Highest
|
$105,960 | $7,045 | $113,005 |
| HEATHER SWETEN | REGISTERED NURSE | 40.00 |
Highest
|
$114,400 | $4,695 | $119,095 |
| KALEIGH ROY | REGISTERED NURSE | 40.00 |
Highest
|
$118,059 | $4,706 | $122,765 |
| CORALEE SCHMITZ | COO | 40.00 |
Highest
|
$118,559 | $4,857 | $123,416 |
| SHARON MULVEHILL | CMO | 40.00 |
Highest
|
$161,800 | $0 | $161,800 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $9,776,779 | $15,543,138 | $6,300,453 | $-5,766,359 |
| 2022 | $15,557,369 | $16,083,619 | $12,841,492 | $-526,250 |
| 2021 | $16,747,690 | $15,595,571 | $13,752,324 | $1,152,119 |
| 2020 | $15,132,600 | $13,050,144 | $10,440,559 | $2,082,456 |
| 2019 | $12,908,912 | $12,127,720 | $8,983,346 | $781,192 |
| 2018 | $10,808,084 | $11,998,043 | $8,187,528 | $-1,189,959 |
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