Kalos Health Inc is a 501(c)(3) organization based in Lockport, New York, registered in 2014, with $46,947,550 in FY2024 revenue. CharityIndex grades it A+, and it directs about 93% of spending to programs.
Revenue (FY2024)
$46.9M
▲ 57.0% vs prior year
Health median: $840K
Expenses (FY2024)
$38.4M
Net assets
$16.6M
Employees
42
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Kalos Health Inc: 93% to programs earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Kalos Health Inc: 5 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Kalos Health Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Kalos Health Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Kalos health, inc.'s mission is to promote the health and well-being of the poor, distressed and under privileged people in the western new york area as an approved new york state department of health managed long term care plan by developing a network of care providers and working closely with providers to provide quality health care. currently, the organization is servicing individuals located in erie, niagara, orleans, genesee, chautauqua, and monroe counties who are age 18 and older and have a chronic illness and/or health disability.
Revenue grew from $3.0M (FY2014) to $46.9M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
18.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$24.0M
Total liabilities
$7.4M
Net assets
$16.6M
Salaries & benefits
$2.7M
7% of expenses
Board members
6
6 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $46,947,550▲57.0% | $38,423,929▲40.2% | $16,597,825▲106% | $23,981,982▲26.7% | 990 |
| 2023 | $29,901,857▲35.1% | $27,405,714▲35.1% | $8,074,204▲44.7% | $18,924,847▲14.4% | 990 |
| 2022 | $22,138,016▼26.4% | $20,286,487▼17.2% | $5,578,061▲49.7% | $16,545,998▼6.2% | 990 |
| 2021 | $30,080,991▼57.6% | $24,497,092▼62.5% | $3,726,532▲301% | $17,635,497▲47.5% | 990 |
| 2020 | $71,003,516▼17.0% | $65,353,606▼25.7% | -$1,857,367▲75.3% | $11,953,492▲61.5% | 990 |
| 2019 | $85,564,282▲47.7% | $88,014,715▲44.2% | -$7,507,277▼333% | $7,403,254▼35.6% | 990 |
| 2017 | $57,922,601▲87.3% | $61,028,520▲100% | -$1,734,182▼226% | $11,499,976▲31.8% | 990 |
| 2016 | $30,930,163▲176% | $30,457,142▲192% | $1,371,737▲52.6% | $8,722,542▲157% | 990 |
| 2015 | $11,219,234▲270% | $10,445,426▲260% | $898,716▲620% | $3,395,652▲129% | 990 |
| 2014 | $3,028,147 | $2,903,239 | $124,908 | $1,485,833 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Cynthia Hennings — $141,514 (0.37% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Cynthia Hennings | Director of Clinical Opera | 40 | $141,514 |
| Richard S Castaldo | Medical Director | 40 | $135,107 |
| Eric S Adamski | Director of Quality | 40 | $127,194 |
| Megan Sweetman | Care Manager | 40 | $100,550 |
| Barbara Smith CPA | Board Member | 0.5 | — |
| Carlo Figliomeni | President & Ceo | 17 | — |
| David Schlein CPA | Treasurer | 0.5 | — |
| John Cipollitti | Chairman | 0.5 | — |
| Paul C Collins | Board Member | 0.5 | — |
| Richard Cole Esq | Secretary | 0.5 | — |
| Steven M Sinclair CPA | Board Member | 0.5 | — |
| Contractor | Services | Paid |
|---|---|---|
| Hospice & Palliative Care Group Inc | Management Fee | $1,640,065 |
Explore more
Data for Kalos Health Inc (EIN 46-1066844) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.