La Health Foundation
- Assets
- $538.8k
- Revenue
- $131.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/2002
- Data as of
- 06/2022
- EIN
- 47-0864952
Organization Overview
La Health Foundation is located in Los Angeles, CA. The organization was established in 2002. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Health Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, LA Health Foundation generated $131.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (48.8%) each year. All expenses for the organization totaled $517.6k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, LA Health Foundation has awarded 28 individual grants totaling $3,930,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MAKING COMMUNITIES IN LOS ANGELES COUNTY HEALTHIER THROUGH VARIOUS PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
: LA HEALTH FOUNDATION ESTABLISHED THE HEALTH SCHOLARS PROGRAM ("HSP") A NUMBER OF YEARS AGO TO PROVIDE INNOVATIVE WORKFORCE DEVELOPMENT, RECRUITMENT AND RETENTION SERVICES THAT LINK HEALTH CARE PROVIDERS WITH A PIPELINE OF HEALTH PROFESSIONALS. THE TAILORED AND COST- EFFECTIVE WORKFORCE PIPELINE STRATEGIES REDUCE NEW-HIRE TURNOVER RATES, CULTIVATE A QUALIFIED WORKFORCE THAT IS REFLECTIVE OF THE COMMUNITY AND BRIDGE THE GAP BETWEEN ACADEMIC TRAINING AND HEALTH PRACTICE. THE FOUNDATION SOLD THE HSP DURING THE YEAR ENDED 6/30/20 BUT HAS RETAINED HSP PROJECTS WHICH ARE BEING IMPLEMENTED UTILIZING THE RESOURCES OF THE PURCHASED UNDER AN ADMINISTRATIVE SERVICES AGREEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elvia Foulke Chair | OfficerTrustee | $0 | |
Nat Hutton Secretary | OfficerTrustee | $0 | |
Roland Fargo Board Member | Trustee | $0 | |
Richard Lopatt Board Member | Trustee | $0 | |
John Coleman Board Member | Trustee | $0 | |
Ron Halbert Board Member | Trustee | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Intrepid Ascent Llc Hit Consulting | 6/29/16 | $202,786 |
Sheppard Mullin Richter And Hampton Llp Legal Services | 6/29/16 | $143,145 |
Quaintise Llc Marketing Consulting | 6/29/16 | $223,611 |
V2v Healthcare Advisors Hospital/managed Care Finance Consulting | 6/29/16 | $179,803 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $121,815 |
| Investment income | $9,227 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $131,077 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $375,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,000 |
| Advertising and promotion | $0 |
| Office expenses | $85 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,929 |
| All other expenses | $115,128 |
| Total functional expenses | $517,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $538,819 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $538,819 |
| Accounts payable and accrued expenses | $124,999 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $45,936 |
| Total liabilities | $170,935 |
| Net assets without donor restrictions | $367,884 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $538,819 |
Grants Awarded
Over the last fiscal year, La Health Foundation has awarded $375,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Van Nuys, CA PURPOSE: HEALTH IMPROVEMENT | $125,000 |
Whittier, CA PURPOSE: HEALTH IMPROVEMENT | $125,000 |
Los Angeles, CA PURPOSE: CHILD HEALTH | $125,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Apla Health & Wellness Los Angeles, CA | $40,810,614 | $66,394,497 |
University Clinical Education & Research Associates Honolulu, HI | $34,376,733 | $53,046,336 |
Southwest Network Phoenix, AZ | $17,764,386 | $38,761,918 |
Neighborhood Health Center Portland, OR | $27,154,161 | $29,235,957 |
California Primary Care Association Sacramento, CA | $11,309,164 | $14,655,608 |
Homeless Prenatal Program Inc San Francisco, CA | $24,624,994 | $19,931,597 |
Ufw Foundation Los Angeles, CA | $8,010,755 | $14,069,050 |
Native Health Phoenix, AZ | $14,068,043 | $20,218,525 |
Access To Healthcare Network Inc Reno, NV | $8,319,862 | $17,490,060 |
Working Partnerships Usa San Jose, CA | $7,685,088 | $14,971,452 |
Memorial Medical Center Foundation Long Beach, CA | $273,488,586 | $15,793,957 |
Easterseals Northern California Walnut Creek, CA | $3,933,873 | $11,091,029 |