Overview
What is Koryo Health Foundation?
Koryo Health Foundation is a nonprofit organization situated in Los Angeles, California. Its primary mission is to provide comprehensive primary healthcare services to low-income Asian Pacific and Hispanic families in the area. The services offered include basic family planning, sterilization, and prevention education, along with various health education and counseling sessions. The organization employs a team of nine individuals, committed to enhancing the well-being of the underserved community in Los Angeles.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating.
The Koryo Health Foundation has received an overall score of 80%, which translates to a Three-Star rating, indicating a solid performance in accountability and finance. This score is entirely based on a single beacon score, reflecting that the foundation has met key benchmarks in financial health and transparency.
The organization boasts a fully independent board, with all ten members meeting this criterion, and it has a strong financial structure demonstrated by a favorable liabilities to assets ratio. Additionally, the foundation shows a commitment to governance by maintaining comprehensive policies, documenting meeting minutes, and ensuring no material diversion of assets.
However, while the financial assessments appear sound, the rating does not provide insights into programmatic effectiveness or impact, which are also critical in evaluating a nonprofit's overall performance. Potential donors may want to investigate these aspects further to gain a complete understanding of the foundation's work.
This AI summary has been generated from information found on Charity Navigator.
Is Koryo Health Foundation legitimate?
Koryo Health Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Koryo 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Koryo Health Foundation?
The Koryo Health Foundation is dedicated to providing comprehensive primary healthcare services to low-income families. This encompasses essential family planning, sterilization, and prevention education. Additionally, the foundation offers various health education and counseling services. Their mission is to improve the health of underprivileged Asian Pacific and Hispanic communities in the Los Angeles area, providing a total of 3,475 basic healthcare services.
What is the revenue of Koryo Health Foundation?
Koryo Health Foundation's revenue in 2024 was $186,623.
Who are the executives of Koryo Health Foundation and what are their salaries?
The average compensation at Koryo Health Foundation during 2024 was $88,795. There are 2 employees at Koryo Health Foundation.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Koryo Health Foundation?
Koryo Health Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Koryo Health Foundation
Koryo Health Foundation is dedicated to providing comprehensive primary health care services to low-income families, particularly those belonging to the Asian Pacific and Hispanic communities in the Los Angeles area. The foundation's mission encompasses offering basic family planning, sterilization, and prevention education, in addition to various health education and counseling services. Their goal is to improve the overall health and well-being of these families, ensuring they have access to essential medical care. By providing these services, Koryo Health Foundation aims to empower these families to make informed decisions about their health and future.
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Impact
July, 2024
Koryo Health Foundation positively impacts low-income families in the Los Angeles area through the provision of comprehensive primary health care services. These services include basic family planning, sterilization, prevention education, health education, and counseling. In a recent period, the foundation provided 3,475 basic health care services to low-income Asian Pacific and Hispanic populations in Los Angeles. The impact of Koryo Health Foundation extends beyond just providing healthcare, as it also plays a vital role in promoting wellness and education within underserved communities.
This information is meant to be a general summary of Koryo 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 2024.
- Program Service Revenue: $137,136
- Gross Receipts: $187,136
Assets and Liabilities:
- Total Assets: $62,245
- Total Liabilities: $10,590
- Net Assets: $51,655
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRIMARY CARE
Revenue
$121,095
HAP/PACT
Revenue
$16,041
Organization Details
Founding Year
1974
Principal Officer
Moon Ju Kim
NTEE Category
Code: E42 - Health
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