HARMONY HEALTH FOUNDATION

EIN: 932541988 501(c)(3) Health Care

CARLSBAD, CA

Total Revenue
$220,833
Total Expenses
$89,500
Total Assets
$131,333
Net Assets
$131,333
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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
2023
Legal Domicile
WV
Principal Officer
KELLI BINGHAM
Phone
3603490790
Tax Period
2023-06-15 to 2023-12-31

HARMONY HEALTH FOUNDATION, founded in 2023, is a small nonprofit in the Health Care sector that reported $221K in total revenue in fiscal year 2023. The organization ran a surplus of $131K, a strong 59% operating margin.

Mission

TO ADVANCE HEALTH EQUITY THROUGH INNOVATIVE TECHNOLOGY, EMPOWERING UNDERSERVED COMMUNITIES. THROUGH COLLABORATION AND ADVOCACY, WE UPLIFT MARGINALIZED POPULATIONS, ENSURING TANGIBLE IMPROVEMENTS IN ORAL HEALTH AND OVERALL COMMUNITY WELLBEING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $220,833
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $220,833

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,833
Fundraising Expenses $52,830
Program Expenses $25,835
Other Expenses $15,000
TOTAL EXPENSES $89,500

Year-over-Year Comparison

2023 2022 Change
Revenue $220,833 N/A N/A
Expenses $89,500 N/A N/A
Net Income $131,333 N/A 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
2
Independent Members
1
Employees
N/A
Volunteers
1

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
$12,000
Total Directors
2
$20,833
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR SEAN BOYNES DIRECTOR 30.00
Director
$20,833 $0 $20,833
KELLI BINGHAM DIRECTOR OF PROGRAMS 30.00
Officer
$12,000 $0 $12,000
DR TINA SAW FOUNDER & DIRECTOR 20.00
Officer 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 $220,833 $89,500 $131,333 $131,333
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