LOCKPORT, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)KALOS HEALTH INC, founded in 2013, is a community nonprofit in the Health Care sector that reported $1.1M in total revenue in fiscal year 2025. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 77% operating deficit.
KALOS HEALTH, INC.'S MISSION IS TO PROMOTE THE HEALTH AND WELL-BEING OF THE POOR, DISTRESSED AND UNDER PRIVILEGED PEOPLE IN THE WESTERN NEW YORK AREA AS AN APPROVED NEW YORK STATE DEPARTMENT OF HEALTH MANAGED LONG TERM CARE PLAN BY DEVELOPING A NETWORK OF CARE PROVIDERS AND WORKING CLOSELY WITH PROVIDERS TO PROVIDE QUALITY HEALTH CARE. CURRENTLY, THE ORGANIZATION IS SERVICING INDIVIDUALS LOCATED IN ERIE, NIAGARA, ORLEANS, GENESEE, CHAUTAUQUA, AND MONROE COUNTIES WHO ARE AGE 18 AND OLDER AND HAVE A CHRONIC ILLNESS AND/OR HEALTH DISABILITY.
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)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $1,127,054 | $46,947,550 | -1.0% |
| Expenses | $1,990,437 | $38,423,929 | -0.9% |
| Net Income | $-863,383 | $8,523,621 | -1.1% |
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 |
|---|---|---|---|---|---|---|
| BARBARA SMITH CPA | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| DAVID SCHLEIN CPA | TREASURER | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN CIPOLLITTI | CHAIRMAN | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| PAUL C COLLINS | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| RICHARD COLE ESQ | SECRETARY | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| CARLO FIGLIOMENI | PRESIDENT & CEO | 17.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,127,054 | $1,990,437 | $21,302,890 | $-863,383 |
| 2024 | No data | No data | No data | No data |
| 2023 | $29,901,857 | $27,405,714 | $18,924,847 | $2,496,143 |
| 2022 | $22,138,016 | $20,286,487 | $16,545,998 | $1,851,529 |
| 2021 | $30,080,991 | $24,497,092 | $17,635,497 | $5,583,899 |
| 2020 | $71,003,516 | $65,353,606 | $11,953,492 | $5,649,910 |
| 2019 | $85,564,282 | $88,014,715 | $7,403,254 | $-2,450,433 |
Compare KALOS HEALTH INC with other nonprofits in New York and across the country.