SHEBOYGAN, WI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LCHC QALICB INC, founded in 2017, is a community nonprofit in the Health Care sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 2088% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.2M, a strong 90% operating margin.
TO HELP CARRY OUT THE MISSION OF LAKESHORE COMMUNITY HEALTH CARE, INC. (LCHC), WHICH IS TO PROVIDE ACCESS TO COMPREHENSIVE, INTEGRATED HEALTH CARE, REGARDLESS OF ABILITY TO PAY, ELIMINATING HEALTH DISPARITIES AMONG THE UNDERSERVED.
EXPENSES INCURRED TO OPERATE FOR THE BENEFIT OF AND TO CARRY OUT THE PURPOSES OF LAKESHORE COMMUNITY HEALTH CARE, INC. ACTIVITIES INCLUDE THE ACQUISITION AND DEVELOPMENT OF A HEALTHCARE FACILITY FOR...
EXPENSES INCURRED TO OPERATE FOR THE BENEFIT OF AND TO CARRY OUT THE PURPOSES OF LAKESHORE COMMUNITY HEALTH CARE, INC. ACTIVITIES INCLUDE THE ACQUISITION AND DEVELOPMENT OF A HEALTHCARE FACILITY FOR LEASING TO LCHC, AND THE MAKING OF DONATIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3).
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 | $2,458,172 | $112,358 | +20.9% |
| Expenses | $256,202 | $360,499 | -0.3% |
| Net Income | $2,201,970 | $-248,141 | -9.9% |
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 |
|---|---|---|---|---|---|---|
| KRISTIN BLANCHARD STEARNS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $46,555 | $230,701 |
| LEIGHANNE MATTER-JENSEN | SECRETARY/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL BAUER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CINDY DROSS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,458,172 | $256,202 | No data | $2,201,970 |
| 2023 | $112,358 | $360,499 | $5,191,435 | $-248,141 |
| 2022 | $96,006 | $367,689 | $5,427,254 | $-271,683 |
| 2021 | $108,018 | $409,500 | $5,686,614 | $-301,482 |
| 2020 | $76,298 | $366,877 | $5,975,774 | $-290,579 |
| 2019 | $517,343 | $371,212 | $6,254,031 | $146,131 |
| 2018 | $444,038 | $313,135 | $6,581,652 | $130,903 |
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