WENATCHEE, WA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)HOPE CARE CLINIC, founded in 2020, is a micro nonprofit that reported $75K in total revenue in fiscal year 2022. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $112K exceeded revenue, resulting in a 49% operating deficit.
TO PROVIDE COMPASSIONATE, QUALITY MEDICAL, DENTAL AND BEHAVIORAL HEALTH CARE FOR THE UNDERINSURED IN NORTH CENTRAL WASHINGTON.
HOPE CARE CLINIC (HCC) MOVED TO A NEW LOCATION IN JUNE 2022 AND BEGAN AN EXTENSIVE REMODEL THAT LASTED UNTIL DECEMBER 2022. THE CLINIC WAS CLOSED DURING THE REMODEL. HCC SERVED 158 PATIENTS DURING...
HOPE CARE CLINIC (HCC) MOVED TO A NEW LOCATION IN JUNE 2022 AND BEGAN AN EXTENSIVE REMODEL THAT LASTED UNTIL DECEMBER 2022. THE CLINIC WAS CLOSED DURING THE REMODEL. HCC SERVED 158 PATIENTS DURING 2022. DENTAL SERVICES PROVIDED TO THOSE PATIENTS INCLUDED ASSESSSMENTS, EXTRACTIONS AND BASIC RESTORATIVE PROCEDURES. MEDICAL SERVICES PROVIDED INCLUDED DIAGNOSIS AND TREATMENT OF URGENT MINOR INJURIES AND SCREENING FOR DIABETES AND HYPERTENSION. BEHAVIORAL HEALTH SERVICES PROVIDED GROUP THERAPY RELATING TO CO-DEPENDENCY ISSUES.DURING 2022, HCC HAD APPROX 46 MEDICAL AND DENTAL PROFESSIONALS AND OFFICE SUPPORT WORKERS WHO VOLUNTEERED APPROX 1,264 HOURS OF THEIR TIME DURING CLINIC HOURS. THE ESTIMATED VALUE OF THE PROFESSIONAL SERVICES WAS APPROXIMATELY $37,000 FOR THE YEAR. IN ADDITION, THERE WERE 12 INDIVIDUALS WHO VOLUNTEERED APPROXIMATELY 685 HOURS TO ASSIST WITH THE CLINIC REMODEL. THE VALUE OF THAT TIME WAS ESTIMATED AT $17,000.HCC ESTIMATES THAT IT'S 2022 FACILITY LEASE PAYMENTS FROM JANUARY THROUGH MAY WERE APPROXIMATELY $5,500 LESS THAN A COMPARABLE FAIR MARKET VALUE LEASE WOULD BE.
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%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $75,347 | $192,331 | -0.6% |
| Expenses | $112,314 | $116,929 | 0.0% |
| Net Income | $-36,967 | $75,402 | -1.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CAROL SEE | V. PRES./DIRECTOR | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROGER HARRIS | TREASURER/DIRECTOR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIM FOSSE | PRESIDENT/DIRECTOR | 6.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMANDA KARSCHNICK | MEDICAL DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JIM BRINK | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $75,347 | $112,314 | $272,023 | $-36,967 |
| 2021 | $192,331 | $116,929 | $275,280 | $75,402 |
Compare HOPE CARE CLINIC with other nonprofits in Washington and across the country.