Multicultural Health Foundation EIN 45-5610021 Form 990 (PDF) Claim this org

Multicultural Health Foundation

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Brings health justice and wellness to underserved communities through interventions and research. For fiscal year 2024 it reported $74K in revenue, $196K in expenses, and $843K in net assets.Pt I

Type
Public charity (501(c)(3)) · Health Care
Location
San Diego, CA
Website
www.mhfwellness.org
Filings
5 on file (2020–2024)
Revenue
$74KFY2024
Expenses
$196K
Net assets
$843K
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  45-5610021 Public charity (501(c)(3)) San Diego, CA
Form 990 (PDF)
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Size
<$100K
What they do
Brings health justice and wellness to underserved communities through interventions and research.
Leadership
Cynthia James-Price · Executive Director · $108K
Money in and out
$74K revenue, $196K expenses
Bottom line
98% program efficiency
Where the money goes · FY2024
Total revenue
$74K
Pt VIII · Ln 12
Total expenses
$196K
Pt IX · Ln 25
Net assets
$843K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$123K
Where spending went · Part IX cols B–D
Program services $0.98 Management & general $0.02
Program efficiency
98%
of spending reaches programs▼ -0.7% vs prior filing year
Operating runway
52.3mo
months of highly liquid reserves at operating expense rate▲ +15% vs prior filing year
Surplus margin
-167%
revenue over expenses, this year▼ -65% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$74K
FY2024▼ -44%
Expenses
$196K
FY2024▼ -26%
Total assets
$856K
FY2024▼ -38%
Total liabilities
$12K
FY2024▼ -67%
Total revenue
$74K
Pt VIII · Ln 12
Total expenses
$196K
Pt IX · Ln 25
Net assets
$843K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$123K
Total assetsPt X · Ln 16$856K
Program-expense ratioPt IX · col B98%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMulticultural Health Foundation
EINHdr · item D45-5610021
Principal addressHdr · item CSan Diego, CA
WebsiteHdr · item Jwww.mhfwellness.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E05)
Ruling yearIRS BMFSep 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$108,278Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Cynthia James-Price’s $108K as Executive Director is at the 92nd percentile of top reported officer pay among 194 <$100K health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Cynthia James-Price$108,278$106,329$93,852$121,136

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $191K of program spending, described in the organization's own filed words · FY2024.
01

Program Research and Evaluation

Continuation of the advancing health literacy program initiated by university of california, san diego. This program titled heart and soul health connection provides interventions to assist african american and bipoc, populations in managing and their lowering blood pressure through education, exercise and fitness, nutrition seminars…

$191Kprogram expense
02

Community Outreach and Engagement Grants and Awards

MHF worked with multiple organizations to provide community outreach and engagement services. San diego wellness coalition: coordinated a atrial fibrillation focus groups discussion in collaboration with be there san diego, neighborhood networks, and pfizer.

Pt IX · col B
03

Program Research and Evaluation

West health institute augmented the heart and soul health connection program by providing funding to track whether community health workers (CHWS) could act a first response and signaler to prevent participants from having an emergency department, and urgent care visit, or hospitalization.

Pt IX · col B

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Statement of Revenue

Part VIII
Program service revenue$59K · 81%
Investment income$14K · 18%
Contributions & grants$600 · 1%
Program service revenue81%$59K
Investment income18%$14K
Contributions & grants1%$600
Total revenueLn 12$74K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.98 Management & general $0.02
Program services98%$191K
Management & general2%$5K
Total functional expensesLn 25$196K

Balance Sheet

Part X · end of year
CashLn 1$856K
Total assetsLn 16$856K
Total liabilitiesLn 26$12K
Total net assetsLn 32$843K
Months of cash on handcomputed52.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $856K · Operating expenses/yr $196K
52.3 months
Where the money goes
Program services
Program services $191K · Total expenses $196K
98%
Management & General
Management & general $5K · Total expenses $196K
2%
Fundraising
Fundraising $0 · Total expenses $196K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $91K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $600 · Total revenue $74K
0.8%
Government reliance
Government grants — · Total revenue $74K
Earned-income share
Program service revenue $59K · Total revenue $74K
81%
Investment reliance
Investment income $14K · Total revenue $74K
+18%
Program self-sufficiency
Program service revenue $59K · Total expenses $196K
30%
Growth & trend
Revenue growth (YoY)
This year $74K · Prior year $132K
-44%
Revenue CAGR
FY2020 $1.8M · FY2024 $74K
-55%
Net-asset trend (YoY)
End of year $843K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $74K · Expenses $196K
-167%
Liabilities-to-Assets
Total liabilities — · Total assets $856K
Net-asset ratio
Net assets $843K · Total assets $856K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $856K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Cynthia James-Price · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $108K · Total expenses $196K
55%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $90K · Total expenses $196K
46%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 98%
Overhead ratio 2%
Fundraising cost ratio 0%
Revenue growth -44%
Legal fee ratio 0.6%
Accounting fee ratio 11%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 2 funders$70K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$74K revenue · viewing · ⤓ 990 PDF
FY2023$132K revenue · ⤓ 990 PDF
FY2022$384K revenue · ⤓ 990 PDF
FY2021$4.3M revenue · ⤓ 990 PDF
FY2020$1.8M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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