PRECISION HEALTH CENTER

EIN: 861971648 501(c)(3) Health Care

LOS ANGELES, CA

Total Revenue
$4,668,274
Total Expenses
$3,389,367
Total Assets
$2,626,540
Net Assets
$1,513,505
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
CA
Principal Officer
JIMMY UNG
Tax Period
2023-01-01 to 2023-12-31

PRECISION HEALTH CENTER, founded in 2021, is a community nonprofit in the Health Care sector that reported $4.7M in total revenue in fiscal year 2023. Revenue surged 620% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 27% operating margin.

Mission

PROVIDE HEALTHCARE SERVICE FOR LOCAL COMMUNITY

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,661,074
Investment Income $0
Other Revenue $7,200
TOTAL REVENUE $4,668,274

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,020,518
Fundraising Expenses $0
Program Expenses $3,389,367
Other Expenses $1,368,849
TOTAL EXPENSES $3,389,367

Year-over-Year Comparison

2023 2022 Change
Revenue $4,668,274 $648,613 +6.2%
Expenses $3,389,367 $661,468 +4.1%
Net Income $1,278,907 $-12,855 -100.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
9
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
4
$288,000
Total Directors
11
$288,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THAN LUU CMO 40.00
Officer Director
$176,000 $0 $176,000
JIMMY UNG CEO 40.00
Officer Director
$112,000 $0 $112,000
MABEL CHAN Director 2.00
Director
$0 $0 $0
XIAYI ZHANG Secretary 2.00
Officer Director
$0 $0 $0
JESUS PARADA VICE CHAIRPERSO 2.00
Director
$0 $0 $0
JOHN NEGRETE Director 2.00
Director
$0 $0 $0
ASHLEY THOMPSON Treasurer 2.00
Officer Director
$0 $0 $0
HUNG DUONG Director 2.00
Director
$0 $0 $0
GEORGE YU Director 2.00
Director
$0 $0 $0
HECTOR VERDUGO Director 2.00
Director
$0 $0 $0
BRYAN RUIZ CHAIRPERSON 2.00
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
2024 No data No data No data No data
2023 $4,668,274 $3,389,367 $2,626,540 $1,278,907
2022 $648,613 $661,468 $234,598 $-12,855
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PRECISION HEALTH CENTER with other nonprofits in California and across the country.