Chelan, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LAKE CHELAN HEALTH AND WELLNESS FOUNDATION, founded in 1982, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $51K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $133K exceeded revenue, resulting in a 163% operating deficit.
The organization is operated exclusively for the charitable, scientific, and educational purposes of providing and improving healthcare services at Lake Chelan Health and its service area. The Foundation is dedicated to generating and managing donated assets to provide and improve healthcare facilities in its hospital district.
The Lake Chelan Health & Wellness Foundation is committed to advancing healthcare facilities within its hospital district. The Foundation regularly purchases highly needed equipment for Lake Chelan...
The Lake Chelan Health & Wellness Foundation is committed to advancing healthcare facilities within its hospital district. The Foundation regularly purchases highly needed equipment for Lake Chelan Health. In the 1990s, the Foundation sponsored a capital campaign that raised $900,000 to support the building of a new hospital floor. Since 1997, equipment purchases have included emergency and operating room equipment, an x-ray unit, portable bedside monitors, and IV pumps. The Foundation purchased Glidescopes for EMS vehicles, orthopedic surgical tools, children's waiting room furniture, automated external defibrillators, a water purification system, and an integrated listening system for pediatric patients. Equipment purchases also include C-ARM, Portable X-ray, and PUT equipment. More recently, the Foundation raised funds for a new hospital building. Contributions to the hospital include the use of designated donor advised funds.
The Lake Chelan Health & Wellness Foundation is dedicated to educating current and future healthcare professionals in its community. Since 1995, the Foundation has provided over $1.6 million for...
The Lake Chelan Health & Wellness Foundation is dedicated to educating current and future healthcare professionals in its community. Since 1995, the Foundation has provided over $1.6 million for healthcare education to current and future caregivers in the Lake Chelan Valley from the investment income generated from a bequest of over $1 million by Edna Bragg. In 2023, 22 Lake Chelan Valley students pursuing advanced healthcare degrees and 20 local healthcare professionals received over $65,900 in healthcare education assistance.
In 2013, a child wellness program, "Club Max", was launched. Club Max inspires local youth to lead healthier lives, with a specific focus on fighting childhood obesity. Community wellness programs...
In 2013, a child wellness program, "Club Max", was launched. Club Max inspires local youth to lead healthier lives, with a specific focus on fighting childhood obesity. Community wellness programs such as Diabetes Smackdown, Wellness Theatre, and school donations have also improved wellness in the schools and community. Due to Covid, no programs were held in 2021. Programs resumed in 2022.
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 | $50,718 | $55,511 | -0.1% |
| Expenses | $133,224 | $932,285 | -0.9% |
| Net Income | $-82,506 | $-876,774 | -0.9% |
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 |
|---|---|---|---|---|---|---|
| Karen McKellar | President | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Phyllis Gleasman | Vice President | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| Ed Brownfield-Nelson | Treasurer | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| Linda Parker | Secretary | 0.5 |
Director
|
$0 | $0 | $0 |
| Mike Steele | Past President | 0.25 |
Director
|
$0 | $0 | $0 |
| Tom Anglin | Director | 0.25 |
Director
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$0 | $0 | $0 |
| Agustin Benegas | Director | 0.25 |
Director
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$0 | $0 | $0 |
| Karen Collins | Director | 0.25 |
Director
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$0 | $0 | $0 |
| Susan Fischer | Director | 0.25 |
Director
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$0 | $0 | $0 |
| Allison Flaten | Director | 0.25 |
Director
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$0 | $0 | $0 |
| Aurora Flores | Director | 0.25 |
Director
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$0 | $0 | $0 |
| Dale Hoisington | Director | 0.25 |
Director
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$0 | $0 | $0 |
| Romario Solano | Director | 0.25 |
Director
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$0 | $0 | $0 |
| Judy Steele | Director | 0.25 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $50,718 | $133,224 | $2,297,032 | $-82,506 |
| 2022 | $55,511 | $932,285 | $2,079,873 | $-876,774 |
| 2021 | $579,788 | $431,871 | $3,564,360 | $147,917 |
| 2020 | $136,425 | $243,172 | $3,241,259 | $-106,747 |
| 2019 | $212,226 | $578,563 | $2,892,300 | $-366,337 |
| 2018 | $231,255 | $259,868 | $2,772,024 | $-28,613 |
Compare LAKE CHELAN HEALTH AND WELLNESS FOUNDATION with other nonprofits in Washington and across the country.