Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2015.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
76 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
15 people listed on the 990; $712K paid to officers and key staff.
Bolanle Olajide’s $262K as Physician is at the 85th percentile of top reported officer pay among 3128 $1–10M 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 · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Bolanle Olajide | $262,301 | $227,707 | — | — | — | — |
| Chen Yu | — | — | — | $231,705 | $250,571 | — |
| Richard Cabrera | — | — | $100,506 | $242,047 | — | — |
| Corali Nakamatsu | $133,829 | $186,667 | $177,333 | $187,342 | $186,394 | $188,244 |
| Linda Chon | — | — | — | — | $171,874 | — |
| Fenny Lin | $111,921 | $121,463 | $135,817 | $104,270 | — | — |
| Yin Tai Hsu | $111,080 | — | — | — | — | — |
| Angel Hsiao | $93,046 | — | — | — | — | — |
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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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Nurturing better doctor-patient relationships through personalized, high-quality care.
Questions for Beverlycare
Your first name shows with your question. Beverlycare answers here, for everyone.
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Beverlycare is an independent, primary care community clinics network that provides high quality and accessible medical care to the communities it serves. The organization was founded on the belief of "care for all and the goal is to help eliminate health disparities by making health care convenient and accessible to everyone.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $983K | $1.0M |
| Land, buildings, equipmentLn 10c | $124K | $208K |
| Total assetsLn 16 | $3.1M | $3.5M |
| LiabilitiesLn 26 | $531K | $728K |
| Net assetsLn 32 | $2.6M | $2.8M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $255K | $182K | $73K | |
| Other salaries and wagesLn 7 | $1.9M | $1.4M | $541K | |
| Pension plan contributionsLn 8 | $40K | $29K | $12K | |
| Other employee benefitsLn 9 | $151K | $108K | $43K | |
| Payroll taxesLn 10 | $160K | $114K | $46K | |
| Legal feesLn 11b | $1K | $378 | $1K | |
| Accounting feesLn 11c | $27K | $7K | $20K | |
| Other fees for servicesLn 11g | $1.4M | $1.1M | $304K | |
| Office expensesLn 13 | $73K | $49K | $24K | |
| OccupancyLn 16 | $296K | $272K | $24K | |
| TravelLn 17 | $408 | $224 | $184 | |
| Conferences, conventions and meetingsLn 19 | $3K | $3K | ||
| InterestLn 20 | $425 | $425 | ||
| Depreciation, depletion and amortizationLn 22 | $95K | $94K | $848 | |
| InsuranceLn 23 | $45K | $41K | $4K | |
| Other expenses (24a–d)Ln 24 | $112K | $95K | $18K | |
| All other expensesLn 24e | $25K | $13K | $11K | |
| Total functional expensesLn 25 | $4.6M | $3.5M | $1.1M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $4.9M | $4.6M | $225K | $2.8M | 990 PDF |
| FY2024 | $9.9M | $4.4M | $5.5M | $2.6M | 990 PDF |
| FY2023 | $4.3M | $3.7M | $575K | −$2.9M | 990 PDF |
| FY2022 | $3.2M | $3.3M | −$70K | −$3.5M | 990 PDF |
| FY2021 | $2.6M | $3.2M | −$516K | −$3.4M | 990 PDF |
| FY2020 | $1.1M | $2.5M | −$1.5M | −$2.9M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $4,857,368 revenue, 12 lines filed
Part VI · Governance 10 of 10 board members independent, no flags
Part VIII · Statement of revenue $4,857,368 across 4 lines filed
Part IX · Statement of functional expenses $4,632,023 across 17 lines filed
Part X · Balance sheet $3,523,115 assets, 13 lines filed
Part XI · Reconciliation of net assets $2,795,549 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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