Broadview Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1936

Legal Domicile

Principal Officer

William Cunningham

Phone

3232219174

Tax Period

2023-01-01 to 2023-12-31

Broadview Inc, founded in 1936, is a community nonprofit in the Health Care sector that reported $3.2M in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $3.8M exceeded revenue, resulting in a 17% operating deficit.

Mission

TO SUPPORT CHRISTIAN SCIENCE HEALING THROUGH ITS CHRISTIAN SCIENCE NURSING MINISTRY.

Program Service Accomplishments

Program 1

Expenses: $3,023,391 Revenue: $1,487,414

PROVIDING CHRISTIAN SCIENCE NURSING CARE AND HOUSING TO PRIVATE, MEDICARE, AND WELFARE RESIDENTS, REGARDLESS OF THE ABILITY TO PAY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,562,593

Program Service Revenue $1,487,414

Investment Income $184,586

Other Revenue $15,296

TOTAL REVENUE $3,249,889

Expense Breakdown

Grants Paid $13,041

Salaries & Benefits $2,554,715

Fundraising Expenses $13,573

Program Expenses $3,023,391

Other Expenses $1,231,799

TOTAL EXPENSES $3,799,555

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,249,889	$2,298,379	+0.4%
Expenses	$3,799,555	$1,969,263	+0.9%
Net Income	$-549,666	$329,116	-2.7%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$172,192

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William Cunningham	Executive Dir.	40.00	Officer	$0	$0	$117,500
Patricia Turner	Visiting Dir.	40.00		$103,002	$5,150	$108,152
Marivic Mabanag	Executive Dir.	40.00	Officer	$54,692	$0	$54,692
John Bryant	Board Member	5.00	Director	$0	$0	$0
Lynne Scheiern	Board Member	5.00	Director	$0	$0	$0
Nancy Allan	Vice President	5.00	Officer Director	$0	$0	$0
Beate Hathaway	President	5.00	Officer Director	$0	$0	$0
Sandy Haase	Secretary	5.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$3,249,889	$3,799,555	$3,634,769	$-549,666
2022	$3,795,999	$3,973,314	$4,856,031	$-177,315
2022	$2,298,379	$1,969,263	$4,067,565	$329,116
2021	$3,044,158	$4,588,424	$6,133,828	$-1,544,266
2020	$2,496,623	$4,913,032	$6,153,311	$-2,416,409
2019	$8,391,491	$4,289,674	$8,512,791	$4,101,817
2018	$4,245,981	$3,552,325	$4,316,337	$693,656