Overview
What is Rock Health Foundation?
Rock Health Foundation is a nonprofit organization based in San Francisco, California, dedicated to fostering an equitable digital health space. They achieve this by bringing together innovators, builders, investors, and social sector actors with the shared goal of dismantling healthcare's long-standing barriers and inequalities. The organization's strategy focuses on three key areas: equitable investments, equitable design, and ecosystem engagement. Equitable investments encourage investment in underrepresented and underfunded digital health innovators, including women and innovators of color. Equitable design increases the development of digital health innovations that reach communities facing systemic inequities, such as low-income and rural populations. Ecosystem engagement gathers digital health leaders at annual events, promoting community connections and advancing solutions for those in need most. Rock Health Foundation aims to make healthcare massively better for every human being by enabling an inclusive digital health ecosystem.
Official website here: www.rockhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The Rock Health Foundation received a 77% overall score from Charity Navigator, reflecting a solid performance in accountability and finance. This score is derived entirely from the Accountability & Finance category, where the organization demonstrated a commitment to ethical financial practices, including a high percentage of independent board members and robust audit oversight.
Strengths highlighted include the absence of material diversions of assets and a favorable liabilities-to-assets ratio of 20.39%. Additionally, the foundation scored well in areas such as financial statement transparency and the existence of a conflict of interest policy. However, improvements are needed in governance practices, as the organization lacks both a whistleblower policy and a document retention and destruction policy.
While the Rock Health Foundation shows strong financial accountability, the absence of key governance policies suggests areas for enhancement. With a program expense ratio of 66.55%, the foundation appears to allocate a significant portion of its resources towards its mission, indicating a focus on effective program delivery alongside its financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Rock Health Foundation legitimate?
Rock Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rock Health Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $513,401
Professional Fundraising Fees: $0
Other Salaries and Wages: $282,399
For more financial information, click here
Official website here: www.rockhealth.org
What is the mission statement of Rock Health Foundation?
The Rock Health Foundation aims to significantly improve healthcare for all individuals by fostering an inclusive digital health ecosystem. They achieve this by advancing solutions for those in need, particularly underrepresented innovators, and promoting community connections. The organization's strategy focuses on equitable investments, design, and ecosystem engagement. This includes supporting underfunded digital health innovators, developing innovations for communities facing systemic inequalities, and gathering digital health leaders at annual events. The goal is to address and dismantle the long-standing barriers and inequalities in the healthcare sector.
Official website here: www.rockhealth.org
Who is the CEO of Rock Health Foundation?
Katie Drasser is the Director of Rock Health Foundation. The CEO's salary of Rock Health Foundation is $0 and their total compensation is $326,606.
Official website here: www.rockhealth.org
What is the revenue of Rock Health Foundation?
Rock Health Foundation's revenue in 2022 was $1,269,649.
Official website here: www.rockhealth.org
Who are the executives of Rock Health Foundation and what are their salaries?
The average compensation at Rock Health Foundation during 2022 was $113,686. There are 7 employees and 3 volunteers at Rock Health Foundation.
Here are 7 key members and their salaries (Rock Health Foundation's CEO's salary is $0 and their total compensation is $326,606):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $316,533
- Related: $0
- Other: $28,202
- Compensation: $157,827
- Related: $0
- Other: $10,839
- Compensation: $137,450
- Related: $0
- Other: $16,126
- Compensation: $0
- Related: $306,092
- Other: $20,514
- Compensation: $0
- Related: $304,802
- Other: $33,569
Official website here: www.rockhealth.org
Where can I find the form 990 for Rock Health Foundation?
Rock Health Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rockhealth.org
Learn more at the official website: www.rockhealth.org
Mission Statement of Rock Health Foundation
Rock Health Foundation, an educational nonprofit and convening organization, strives to significantly improve healthcare for every individual by fostering an inclusive digital health ecosystem. The foundation achieves this mission by supporting digital health innovators, investors, and social sector actors who share a common goal: dismantling the long-standing barriers and inequalities in healthcare. By focusing on equitable investments, design, and ecosystem engagement, Rock Health Foundation works to ensure that underrepresented and underfunded digital health innovators, including women innovators and innovators of color, have access to investment resources. Additionally, the foundation encourages the development of digital health innovations that cater to communities facing systemic inequalities, such as low-income populations and rural communities. Lastly, Rock Health Foundation gathers digital health leaders at various convenings throughout the year, promoting collaboration and knowledge sharing within the industry.
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Impact
July, 2024
Rock Health Foundation is making a significant impact by centering equity in the digital health space. They are working towards enabling an inclusive digital health ecosystem, advancing solutions for those who need it most, and fostering community connections. Their strategy focuses on equitable investments, equitable design, and ecosystem engagement to dismantle barriers and inequities in healthcare. They provide field-based support to underrepresented and underfunded digital health innovators, increase the development of innovations reaching communities facing systemic inequities, and gather digital health leaders at marquee convenings throughout the year. This approach is driving positive change and improving healthcare for every human being.
This information is meant to be a general summary of Rock Health Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $100,000
- Program Service Revenue: $204,649
- Gross Receipts: $1,269,649
Assets and Liabilities:
- Total Assets: $2,618,817
- Total Liabilities: $534,281
- Net Assets: $2,084,536
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT TICKET REVENUE
Revenue
$204,649
Organization Details
Founding Year
2011
Phone
(415) 869-8585Principal Officer
Katie Drasser
Main Address
333 BUSH STREET FLOOR 4, SAN FRANCISCO, CA, 94104
Website
www.rockhealth.orgNTEE Category
Code: S40 - Community improvement
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