OAKLAND, CA
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)CARDEA HEALTH, founded in 2021, is a mid-sized nonprofit in the Human Services sector that reported $13.0M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.4M, a strong 18% operating margin.
CARDEA HEALTH IS A NONPROFIT HEALTHCARE ORGANIZATION FOUNDED TO CONNECT MARGINALIZED POPULATIONS TO THE CLINICAL AND SUPPORTIVE SERVICES THEY NEED TO IMPROVE THEIR HEALTH, REMAIN STABLY HOUSED IN THEIR COMMUNITY, AND AGE IN PLACE. CARDEA HEALTH'S PROGRAMS FILL A CRITICAL - AND GROWING - GAP IN THE SYSTEM OF CARE.
Medical Respite Care - Medical respite care is acute and post-acute care for people experiencing homelessness who are too ill or frail to recover from an illness or injury on the streets or in a...
Medical Respite Care - Medical respite care is acute and post-acute care for people experiencing homelessness who are too ill or frail to recover from an illness or injury on the streets or in a shelter, but who do not require hospital level care. The 34 bed Fairmont Tiny Homes program officially opened in August of 2021, offering a mix of 15 beds reserved for respite care and 19 units for transitional housing, all designated for the unhoused population of mid and unincorporated Alameda County. Since opening, the Organization has provided nursing services and support to over 100 individuals needing to recuperate from everything from minor surgery to malignant cancer. The program accepts referrals from local hospitals and street medicine teams that conduct outreach to the unhoused population. Eddie's Place located in Oakland opened in May 2023 and provides 61 units of medical respite beds. Alameda County Homekey Program - The Alameda County Project Homekey program, located in East Oakland, is a 240 bed Permanent Supportive Housing program for formerly homeless individuals and are home to people who have experienced chronic homelessness and require clinical support to live in Permanent Supportive Housing. The Organization provides enhanced on-site clinical services that allow medically frail individuals to live successfully in a community-based setting through the end of their life, regardless of how their care needs change over time. The Homekey locations are now home to over 60 formerly homeless individuals who would otherwise be at risk of institutionalization due to advanced medical conditions or disability. The Organization is working to expand the program so that no one who is unhoused and severely ill should have to choose between living on the street or living in an institution. Cardea Home Health - The Organization operates a licensed home health agency under a management agreement for the purpose of providing home health services to unsheltered individuals and people coming out of homelessness. Cardea Home Health services are Medicaid and Medicare certified, and include occupation and physical therapy, as well as nursing services. The Organization strives to provide services that homeless individuals are often excluded from because they are unhoused. Lake Merritt Lodge - The Organization provides nursing support and personal care services at Lake Merritt Lodge, an emergency shelter operated by the City of Oakland and Housing Consortium of the East Bay ("HCEB"). Services are focused on supporting and strengthening resident relationships with primary and specialty care services offered by community clinics and prepare residents to manage their medical needs independently upon the transition to permanent housing.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $13,013,525 | $10,159,493 | +0.3% |
| Expenses | $10,610,228 | $6,167,214 | +0.7% |
| Net Income | $2,403,297 | $3,992,279 | -0.4% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LYNN KESLAR | CAO | 40.0 |
Officer
|
$228,800 | $13,138 | $241,938 |
| CATHERINE HAYES | COO/Co-Founder | 40.0 |
Officer
Director
|
$228,800 | $8,475 | $237,275 |
| ALEXIS CHETTIAR | CEO/CO-FOUNDER | 40.0 |
Officer
Director
|
$228,800 | $8,422 | $237,222 |
| Elizabeth Torkington | Director of Nursing | 40.0 |
Highest
|
$145,344 | $8,553 | $153,897 |
| Isha Jethi | Director of New Programs | 40.0 |
Highest
|
$125,982 | $27,608 | $153,590 |
| KAREN COOPER | NURSE SUPERVISOR | 40.0 |
Highest
|
$142,342 | $11,236 | $153,578 |
| Margaret Oneill | Program Director | 40.0 |
Highest
|
$139,398 | $9,705 | $149,103 |
| Natalie Woods | Nurse Manager | 40.0 |
Highest
|
$127,807 | $11,445 | $139,252 |
| HAROLD BROOKS | PRESIDENT (Start 5/24) | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| KARIE DEWAN | Treasurer | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| LENORE MACDONALD | SECRETARY | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| BRANDIE TALIANO | AT LARGE | 0.25 |
Director
|
$0 | $0 | $0 |
| HARRISON ALTER | Director | 0.25 |
Director
|
$0 | $0 | $0 |
| Koren Stevenson JD | AT LARGE (Start 5/24) | 0.25 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $13,013,525 | $10,610,228 | $13,078,074 | $2,403,297 |
| 2023 | $10,159,493 | $6,167,214 | $6,896,378 | $3,992,279 |
| 2022 | $3,827,896 | $2,301,988 | $2,563,943 | $1,525,908 |
| 2021 | $872,765 | $553,552 | $502,532 | $319,213 |
Compare CARDEA HEALTH with other nonprofits in California and across the country.