SOLVANG, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOLVANG LUTHERAN HOME INC ATTERDAG VILLAGE OF SOLVANG, founded in 1956, is a mid-sized nonprofit in the Human Services sector that reported $16.6M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $15.4M left a modest 7% surplus.
THE SOLVANG LUTHERAN HOME WELCOMES ALL FAITHS AND RECOGNIZES THAT A HUMAN BEING'S QUALITY OF LIFE RELATES TO PHYSICAL, EMOTIONAL, AND SPIRITUAL WELL-BEING, PERSONAL FREEDOM, AND OPTIMUM INDEPENDENCE IN A SAFE AND CARING ENVIRONMENT.
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 | $16,580,009 | $14,316,606 | +0.2% |
| Expenses | $15,414,095 | $15,073,090 | +0.0% |
| Net Income | $1,165,914 | $-756,484 | -2.5% |
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 |
|---|---|---|---|---|---|---|
| SCOTT BIDDINGER | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARIO FAZIO | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| BILL CIRONE | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| KEN HARWOOD | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| SUE WATKINS | Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM ALTON | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| VERVA ENOCH | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRETT JONES | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| JAN CLEVENGER | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| BRADLEY HOLLISTER | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| JOHN ERDAHL | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| CATHERINE STREEGAN | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| CHRIS PARKER | Executive Dir. | 40.00 |
Director
|
$0 | $0 | $0 |
| MIKE SGOBBA | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| BARBARA WAER | Vice President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL ZLAKET | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER PARKER | EXECUTIVE DIRECTOR | 40.00 |
|
$0 | $0 | $0 |
| GARY HALL | DIRECTOR OF OPERATIONS | 40.00 |
|
$0 | $0 | $0 |
| HEATHER ANDERSON | DIRECTOR OF NURSING | 40.00 |
|
$0 | $0 | $0 |
| DENISE E CLEAR | MDS COORDINATOR/RN | 40.00 |
|
$0 | $0 | $0 |
| RUTH W KITZMANN | FINANCE MANAGER | 40.00 |
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $16,580,009 | $15,414,095 | $37,913,707 | $1,165,914 |
| 2022 | $14,316,606 | $15,073,090 | $34,161,497 | $-756,484 |
| 2021 | $14,433,691 | $13,913,392 | $35,503,006 | $520,299 |
| 2020 | $13,916,631 | $13,453,127 | $35,951,928 | $463,504 |
| 2019 | $14,479,110 | $13,105,471 | $36,186,396 | $1,373,639 |
| 2018 | $13,770,608 | $13,141,192 | $34,933,447 | $629,416 |
Compare SOLVANG LUTHERAN HOME INC ATTERDAG VILLAGE OF SOLVANG with other nonprofits in California and across the country.