TUMWATER, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE LONG TERM CARE FOUNDATION, founded in 2018, is a community nonprofit in the Health Care sector that reported $5.4M in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 43% operating margin.
WE FUND ACCESS TO TRAINING THAT ENHANCES THE QUALITY OF CARE IN ADULT FAMILY HOMES, SUPPORTING THE DEVELOPMENT AND EXPANSION OF HIGH-QUALITY, LONG-TERM CARE WORKERS FOR A WELL-SUPPORTED, LONG-TERM CARE WORKFORCE. WE ALSO HOST WEBINARS, COMMUNITY (CONT. ON SCH. O) OUTREACH, AND CARE NAVIGATION SUPPORT, AS WELL AS PARTNERING WITH SCHOOLS THAT OFFER CLASSES IN LANGUAGES IN ADDITION TO ENGLISH TO ENSURE ACCESSIBLE AND CULTURALLY RESPONSIVE TRAINING OPPORTUNITIES.
THE LONG-TERM CARE FOUNDATION OF WASHINGTON STATE IS DEDICATED TO IMPROVING ACCESS TO HIGH-QUALITY LONG-TERM CARE SERVICES. THE FOUNDATION SUPPORTS THE ADULT FAMILY HOME COMMUNITY BY PROVIDING...
THE LONG-TERM CARE FOUNDATION OF WASHINGTON STATE IS DEDICATED TO IMPROVING ACCESS TO HIGH-QUALITY LONG-TERM CARE SERVICES. THE FOUNDATION SUPPORTS THE ADULT FAMILY HOME COMMUNITY BY PROVIDING RESOURCES, EDUCATION, AND WORKFORCE DEVELOPMENT INITIATIVES TO STRENGTHEN CAREGIVING CAPACITY AND PROMOTE CULTURALLY COMPETENT CARE.DURING THE FISCAL YEAR ENDING JUNE 30, 2025, THE FOUNDATION ADVANCED ITS MISSION THROUGH ITS CORE PROGRAMS: ADULT FAMILY HOME TRAINING NETWORK, CARE NAVIGATION AND LANGUAGE ACCESS. OUR TRAINING NETWORK FUNDS TRAINING CAREGIVERS FOR HCA, CNA, HCA TO CNA BRIDGE, DEMENTIA, MENTAL HEALTH SPECIALTY TRAININGS, NURSE DELEGATION AND ADMINISTRATOR TRAINING. (CONT. ON SCH. O)THESE PROGRAMS ADDRESS THE CRITICAL WORKFORCE SHORTAGES AND ENSURE ACCESS TO TRAINING ACROSS WASHINGTON STATE.KEY ACCOMPLISHMENTS FOR THE YEAR INCLUDE:4,190 INDIVIDUALS APPLIED FOR TRAINING AND SUPPORT SERVICES, REPRESENTING 1,019 ADULT FAMILY HOMES (AFH).PROVIDED FUNDING FOR 5,033 TRAINING SESSIONS, RESULTING IN 2,144 STUDENTS SUCCESSFULLY COMPLETING TRAINING.AS A RESULT OF FUNDED TRAININGS, 635 STUDENTS EARNED CERTIFICATIONS, INCLUDING 315 ACHIEVING HCA AND 351 ACHIEVING CNA CERTIFICATIONS.101 STUDENTS WERE SCHEDULED FOR HCA OR CNA TESTING AS OF JUNE 30, 2025.THE FOUNDATION REIMBURSED $1,625,399 TO AFH AND PAID $3,270,604 TO TRAINING COMPANIES, ENSURING AFFORDABILITY AND ACCESSIBILITY OF TRAINING PROGRAMS.EXPANDED LANGUAGE ACCESS AND CULTURALLY COMPETENT TRAINING RESOURCES TO SUPPORT DIVERSE CAREGIVERS ACROSS WASHINGTON STATE.THROUGH THESE EFFORTS, THE FOUNDATION CONTINUES TO BUILD A SUSTAINABLE LONG-TERM CARE WORKFORCE, IMPROVE CARE QUALITY, AND SUPPORT PROVIDERS IN DELIVERING PERSON-CENTERED SERVICES STATEWIDE.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $5,381,946 | $3,345,244 | +0.6% |
| Expenses | $3,062,418 | $2,271,073 | +0.3% |
| Net Income | $2,319,528 | $1,074,171 | +1.2% |
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 |
|---|---|---|---|---|---|---|
| BOB LEROY | EXECUTIVE DIRECTOR (THRU 3/25) | 40.00 |
Officer
|
$128,770 | $7,726 | $136,496 |
| SHEREICE BROWN | DIRECTOR OF WORKFORCE DEVELOPMENT | 40.00 |
Officer
|
$97,408 | $1,879 | $99,287 |
| KAREN CORDERO | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$0 | $0 | $0 |
| DORIS ELKINS | DIRECTOR OF FINANCE & OPERATIONS | 40.00 |
Officer
|
$0 | $0 | $0 |
| ADINA ANGLE | PRESIDENT | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAURA VAILLANCOURT | VICE-PRESIDENT | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| MULU HABTYIMER | SECRETARY | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDERSON JOLLY | TREASURER | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| JENNA HESTER | DIRECTOR | 8.00 |
Director
|
$0 | $0 | $0 |
| ELIZEBETH JEWETT | DIRECTOR | 8.00 |
Director
|
$0 | $0 | $0 |
| EUGENE NASSEN | DIRECTOR | 8.00 |
Director
|
$0 | $0 | $0 |
| ELIZEBETH PAGE | DIRECTOR | 8.00 |
Director
|
$0 | $0 | $0 |
| MARIANA PINEDA | DIRECTOR | 8.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $5,381,946 | $3,062,418 | $4,567,309 | $2,319,528 |
| 2024 | $3,345,244 | $2,271,073 | $1,239,775 | $1,074,171 |
| 2023 | $1,614,857 | $1,891,932 | $164,526 | $-277,075 |
| 2022 | $835,043 | $831,190 | $441,295 | $3,853 |
| 2021 | $715,362 | $344,824 | $441,591 | $370,538 |
| 2020 | $203,658 | $137,365 | $70,031 | $66,293 |
Compare THE LONG TERM CARE FOUNDATION with other nonprofits in Washington and across the country.