LA HEALTH FOUNDATION FKA COPE HEALTH SOLUTIONS

EIN: 470864952 501(c)(3)

LOS ANGELES, CA

Total Revenue
N/A
Total Expenses
$367,884
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
CA
Principal Officer
ELVIA FOULKE
Phone
2132590245
Tax Period
2022-07-01 to 2023-06-30

Mission

MAKING COMMUNITIES IN LOS ANGELES COUNTY HEALTHIER THROUGH VARIOUS PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $322,545

: 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...

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: 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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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $322,545
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $322,545
Other Expenses $45,339
TOTAL EXPENSES $367,884

Year-over-Year Comparison

2022 2021 Change
Revenue N/A $131,077 -1.0%
Expenses $367,884 $517,642 -0.3%
Net Income N/A $-386,565 N/A
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTIN ANDERSON BOARD MEMBER N/A
Director
$0 $0 $0
JOHN COLEMAN BOARD MEMBER N/A
Director
$0 $0 $0
ROLAND FARGO BOARD MEMBER N/A
Director
$0 $0 $0
ELVIA FOULKE CHAIR N/A
Officer Director
$0 $0 $0
RON HALBERT BOARD MEMBER N/A
Director
$0 $0 $0
NAT HUTTON SECRETARY N/A
Officer Director
$0 $0 $0
RICHARD LOPATT BOARD MEMBER N/A
Director
$0 $0 $0
ROBBY MORRIS BOARD MEMBER N/A
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 No data $367,884 No data No data
2022 $131,077 $517,642 $538,819 $-386,565
2021 $543,862 $1,109,547 $914,727 $-565,685
2020 $613,651 $837,808 $1,401,842 $-224,157
2019 $590,895 $1,513,557 $1,654,951 $-922,662
2018 $1,102,875 $2,313,503 $2,599,632 $-1,210,628
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