Civic Intelligence

Latino Kids Health

EIN 38-3899091 • 501(c)3 • Montebello, CA

Profile

Lk health provides high-quality and accessible preventative and primary healthcare services (medical, dental, and behavioral health) to children, adolescents, and adults. See schedule o for the full mission.

901 W Whittier BlvdMontebello, CA 90640

www.lkhc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.23x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

78th percentile

0.40x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

16th percentile

-17%

Higher net margin than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

91st percentile

$216,306

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

11th percentile

-18%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

58th percentile

12%

Faster revenue growth than 58% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,045,203

Down $233,883 (-18%) from 2017

Liabilities

Up

$1,281,119

Up $313,732 (+32%) from 2017

Net Assets

Down

-$235,916

Down $547,615 (-176%) from 2017

Revenue

Up

$3,164,954

Up $340,150 (+12%) from 2017

Expenses

Up

$3,712,569

Up $979,292 (+36%) from 2017

Net Income

Down

-$547,615

Down $639,142 (-698%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500KAssets 2015: $398,277Liabilities 2015: $564,003Net Assets 2015: -$165,7262015Assets 2016: $1,193,005Liabilities 2016: $972,833Net Assets 2016: $220,1722016Assets 2017: $1,279,086Liabilities 2017: $967,387Net Assets 2017: $311,6992017Assets 2018: $1,045,203Liabilities 2018: $1,281,119Net Assets 2018: -$235,9162018

Highlighted filing

2018

Assets$1,045,203
Liabilities$1,281,119
Net Assets-$235,916

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2015: $1,291,477Expenses 2015: $1,457,203Net Income 2015: -$165,7262015Revenue 2016: $3,203,409Expenses 2016: $2,817,511Net Income 2016: $385,8982016Revenue 2017: $2,824,804Expenses 2017: $2,733,277Net Income 2017: $91,5272017Revenue 2018: $3,164,954Expenses 2018: $3,712,569Net Income 2018: -$547,6152018

Highlighted filing

2018

Revenue$3,164,954
Expenses$3,712,569
Net Income-$547,615

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 17, 2019
Return Version
2018v3.1
Gross Receipts
$3,164,954
Mission and Program Overview

Mission

Lk health provides high-quality and accessible preventative and primary healthcare services (medical, dental, and behavioral health) to children, adolescents, and adults. See schedule o for the full mission.

Provides medical, dental, and behavioral health services to under-served communities in the southeast region of los angeles county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$406,184$407,545▲ $1,361
Savings and Temporary Cash Investments$152,332$225,862▲ $73,530
Land, Buildings, and Equipment, Net$197,099$196,148▼ $951
Accounts Receivable$213,131$171,298▼ $41,833
Pledges and Grants Receivable$107,831$0▼ $107,831
Loans From Officers Directors$134,032$55,839▼ $78,193
Prepaid Expenses and Deferred Charges$7,491$14,350▲ $6,859
Receivables From Officers Etc$10,000$10,000→ $0
Inventories for Sale or Use$15,018$10,000▼ $5,018
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Total Assets$1,279,086$1,045,203▼ $233,883
Other Assets Total$170,000$10,000▼ $160,000
Liabilities
Accounts Payable and Accrued Expenses$153,066$638,823▲ $485,757
Other Liabilities$550,000$493,000▼ $57,000
Mortgage Notes Payable Secured by Investment Property$130,289$93,457▼ $36,832
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$967,387$1,281,119▲ $313,732
Net Assets / Fund Balance
Temporarily Rstr Net Assets$12,300$0▼ $12,300
Permanently Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$299,399$-235,916▼ $535,315
Total Net Assets Fund Balance$311,699$-235,916▼ $547,615
Total Liabilities and Net Assets / Fund Balance$1,279,086$1,045,203▼ $233,883

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$119,169$91,640$210,809
Leasehold Improvements$76,979$19,192$96,171
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Etelvina De La TorreCEO End 05/18FT$44,344$171,962$216,306
Ferrin RuizMdFT$196,126$479$196,605
Estella MurilloDentistFT$193,310$2,585$195,895
Daniel WelburnPhysician AssistantFT$176,385-$176,385
Rosanne GarrisonPhysician AssistantFT$146,397-$146,397
Linda YoungCOOFT$118,177$1,988$120,165
Hector VazquezCFO End 09/18FT$105,581$1,000$106,581
John KotickCEO Beg 09/18FT$42,269-$42,269
Ana MoncadaInterim Acting CEO 06/18-09/18FT$28,175-$28,175
Genevieve FilmardirossianInterim CEO 05/18-08/18FT$20,800-$20,800

Board Members and Trustees

NameTitle
Martha MullenChair
Camilo EchavarriaBoard Member
Ethelred CarterBoard Member
Humberto JaraBoard Member
Jacqueline MejiaBoard Member
Michael DuranBoard Member
Samuel RoblesBoard Member
Ruben RuizCMO End 10/18
Monica Jara GuerraSecretary
Yolanda Flores-morenoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$728,340
Program Service Revenue
$2,436,614
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,797
Change in Net Assets
$-547,615

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,164,954
Revenue Not Reported on Form 990
$-56,069
Total Revenue per Audited Statements
$3,108,885
Total Revenue per Form 990
$3,164,954
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,214,946
Other Expenses$1,497,623
Total Fundraising Expense$4,200
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$729,006$447,628-$1,176,634
Current Officers, Directors, Trustees, and Key Employees$118,177$416,119-$534,296
Occupancy$152,958$183,344-$336,302
Fees for Services Other$147,588$78,363$4,200$230,151
Comp Disqual Persons$196,605--$196,605
Fees for Services Legal-$148,042-$148,042
Payroll Taxes$80,076$65,658-$145,734
Information Technology$54,732$65,604-$120,336
Fees for Services Accounting-$116,379-$116,379
Other Employee Benefits$60,008$46,608-$106,616
Office Expenses$31,237$37,443-$68,680
Pension Plan Contributions$33,161$21,900-$55,061
Insurance$21,274$25,500-$46,774
Depreciation Depletion$32,559$4,934-$37,493
Interest$5,952$10,711-$16,663
Other Expenses$6,506$7,799-$14,305
Travel$1,017$1,219-$2,236
All Other Expenses$867$1,039-$1,906
Total Functional Expenses$1,938,433$1,769,936$4,200$3,712,569

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,712,569
Expenses per Audited Statements$3,656,500
Total Expenses per Audited Statements$3,656,500
Expenses Not Reported on Financial Statements$56,069
Other Expense Adjustments$56,069
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Gold Coast Equities LLCSee Part VBuilding LeaseNo$244,663
Ferrin Ruiz MdFamily - Ruben Ruiz, MdEmployee CompensationNo$196,605
Gold Coast Equities LLCSee Part VParking Lot LeaseNo$16,259

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$134,032$55,839▼ $78,193
Receivables from Officers, Directors, Trustees, and Key Employees$10,000$10,000→ $0
Receivables from Disqualified Persons$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Estimated Due to Third Party$493,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Family relationship: ruben ruiz and linda young share a family relationship.

Form 990, Part VI, Section A, Line 3

Delegation of management duties: through wipfli, llp, angela robinson was contracted to fill the role of acting cfo.

Form 990, Part VI, Section B, Line 11B

Review of the form 990: the form 990 is prepared by an independent accounting firm based on the audited financial statements and information provided by the accounting department and management. The form 990 is reviewed by management and is then provided to the board of directors before filing.

Form 990, Part VI, Section B, Line 12C

Monitoring compliance with conflict of interest policy: members of the board of directors, officers and staff of the organization are covered under the conflict of interest policy. Each board member, officer, and staff member of lk health signs the conflict of interest statement. The conflict of interest policy was reviewed and approved by the board of directors. Training on the policy takes place annually. If a potential conflict is identified, organizational policy dictates that the "individual or individuals" remove themselves from discussions regarding the matter at hand. All conflicts are documented in the minutes of the governing board. The conflict of interest policy is reviewed annually by the board of directors as part of the annual review of policies and procedures.

Form 990, Part VI, Section B, Line 15A

Executive compensation review: the executive committee of the board evaluates the ceo's salary with input from the entire board of directors. If a salary increase is warranted, annual performance along with salary comparisons of other community health centers that are consistent with industry standards, are used to review and determine compensation levels. The executive committee recommends to the full board the new compensation level. The review of the salaries for all other staff is delegated to the ceo by the board of directors.

Form 990, Part VI, Section C, Line 19

Governing document availability: the organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Latino Kids Health
EIN
38-3899091
In Care Of
% PAUL RAMOS INTERIM CFO
Phone
3237288588
Address
901 W WHITTIER BLVD, MONTEBELLO, CA 90640
Doing Business As
Lk Health

Signing Officer

Name
John Kotick
Title
CEO
Phone
3237288588
Signed
2019-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Kotick
Formed
2013
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
43
Volunteers
11

Preparer

Firm
Bkd Llp
Address
910 E ST LOUIS 200/PO BOX 1190, SPRINGFIELD, MO 65806-2523
Preparer
Krystal K Creach
Phone
4178658701
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

Organization's mission: lk health provides high-quality and accessible preventative and primary healthcare services (medical, dental and behavioral health) to children, adolescents, and adults, including well-child checkups, well-women exams, immunizations, physical examinations, screenings for cancer and communicable diseases, family planning, obesity prevention, health education, nutrition services, case management and management and treatment of chronic diseases such as hypertension, asthma and diabetes. Lk health offers comprehensive and integrated clinical behavioral health services for children, teens, and adults, including integrative behavioral therapy, short-term therapy around specific life stressors or specific psychological symptoms, case management, group therapy, and behavioral health specialty services referrals. Also, lk health provides preventive, restorative, and emergency dental services, which includes dental cleanings, extractions, crowns, dentures, root canals, etc.

Financial Statement Notes

Schedule D, Part X, Line 2

Uncertain tax positions: management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

Schedule D, Part XI, Line 2D

Amounts included on line 1 but not on form 990, part viii, line 12: $ (56,069) provisions for uncollectible accounts

Schedule D, Part XII, Line 4B

Amounts included on form 990, part ix, line 25, but not on line 1: $ 56,069 provisions for uncollectible accounts

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