LOS ANGELES, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)KWANG HE WON HEALTH CENTER, founded in 2018, is a small nonprofit in the Health Care sector that reported $784K in total revenue in fiscal year 2023. Revenue surged 172% from the prior year, signaling strong growth momentum. Expenses of $915K exceeded revenue, resulting in a 17% operating deficit.
PROVIDE HEALTH CARE SERVICES TO MEDICALLY UNDERSERVED POPULATION IN LOS ANGELES, CALIFORNIA.
THE ORGANIZATION IS A NON-PROFIT CORPORATION ESTABLISHED DURING 2018 UNDER THE LAWS OF THE STATE OF CALIFORNIA. THE ORGANIZATION PROVIDES HEALTH CARE SERVICES TO MEDICALLY UNDERSERVED POPULATIONS IN...
THE ORGANIZATION IS A NON-PROFIT CORPORATION ESTABLISHED DURING 2018 UNDER THE LAWS OF THE STATE OF CALIFORNIA. THE ORGANIZATION PROVIDES HEALTH CARE SERVICES TO MEDICALLY UNDERSERVED POPULATIONS IN LOS ANGELES, CALIFORNIA. ORGANIZATION PROVIDES HIGH QUALITY, COMPREHENSIVE, PRIMARY AND PREVENTATIVE MEDICAL HEALTH CARE SERVICES AND EDUCATION IN AN ENVIRONMENT OF CARING, RESPECT, AND DIGNITY. THEIR GOAL IS TO BE RESPONSIVE TO THE NEEDS OF THE COMMUNITIES THAT THEY SERVE BUT WITH CONTINUED EMPHASIS ON THE UNDERSERVED AND THOSE WITHOUT ACCESS TO CARE REGARDLESS OF RACE, ECONOMIC STATUS, SEX, SEXUAL ORIENTATION, OR DISABILITY. IN NOVEMBER 2022, THE ORGANIZATION RECEIVED APPROVAL FROM THE UNITED STATES HEALTH RESOURCE SERVICES ADMINISTRATION ("HRSA") TO BECOME A FEDERALLY QUALIFIED HEALTH CENTER LOOK-ALIKE. THIS DESIGNATION ALLOWED THE ORGANIZATION TO BEGIN BILLING AT AN UPDATED PROSPECTIVE PAYMENT SYSTEM ("PPS") RATE OF $198 PER PATIENT VISIT. THE ORGANIZATION HAS ENTERED INTO ITS THIRD YEAR OF OPERATIONS IN 2023 AND HAS ALSO SEEN ITS AVERAGE MONTHLY PATIENT VOLUME SIGNIFICANTLY INCREASE.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $783,606 | $288,025 | +1.7% |
| Expenses | $915,122 | $750,510 | +0.2% |
| Net Income | $-131,516 | $-462,485 | -0.7% |
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 |
|---|---|---|---|---|---|---|
| YEONG CHA | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEVIN LEE | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SVIATLANA SPIASIUTSAVA | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| TERESA PEREZ | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICAH MOCH | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| YOUNG KIM | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| YOUNG SOON HWANG | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| EDUARDO ADIAMANIAN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BONGJA BENA WON | CEO | 40.00 |
Officer
|
$22,500 | $0 | $22,500 |
| GINA W LEE | PROVIDER | 40.00 |
Highest
|
$123,328 | $0 | $123,328 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $783,606 | $915,122 | $162,374 | $-131,516 |
| 2022 | $288,025 | $750,510 | $131,942 | $-462,485 |
Compare KWANG HE WON HEALTH CENTER with other nonprofits in California and across the country.