Keiro Services EIN 95-4022185 Form 990 (PDF) Claim this org

Keiro Services FY2021 filing

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Provides wellness programs, health education, and grants to enhance the quality of life for Japanese American older adults and caregivers in Southern California. For fiscal year 2021 it reported $1.6M in revenue, $3.9M in expenses, and $106.5M in net assets.Pt I

Founded
1961
Type
Public charity (501(c)(3)) · Health Care
Location
Los Angeles, CA
Website
www.keiro.org
Filings
5 on file (2020–2021)
Revenue
$1.6MFY2021
Expenses
$3.9M
Net assets
$106.5M
People
15
Filings
5
Updates
0
More identity details & actions ⌄
EIN  95-4022185 Public charity (501(c)(3)) Los Angeles, CA Founded 1961
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Figures match the IRS filing checked 8/27/26 · see original: IRS
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Size
$1–10M
What they do
Provides wellness programs, health education, and grants to enhance the quality of life for Japanese American older adults and caregivers in Southern California.
Leadership
Gene S Kanamori · President & Chief Executive Officer · $163K
Money in and out
$1.6M revenue, $3.9M expenses
Bottom line
59% program efficiency
Where the money goes · FY2021
Total revenue
$1.6M
Pt VIII · Ln 12
Total expenses
$3.9M
Pt IX · Ln 25
Net assets
$106.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$2.3M
Where spending went · Part IX cols B–D
Program services $0.59 Management & general $0.35 Fundraising $0.06
Program efficiency
59%
of spending reaches programs
Operating runway
312.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-143%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$1.6M
FY2021▲ +55%
Expenses
$3.9M
FY2021▼ -0.5%
Total assets
$106.7M
FY2021▲ +24%
Total liabilities
$242K
FY2021▼ -36%
Total revenue
$1.6M
Pt VIII · Ln 12
Total expenses
$3.9M
Pt IX · Ln 25
Net assets
$106.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$2.3M
Total assetsPt X · Ln 16$106.7M
Program-expense ratioPt IX · col B59%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 412

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKeiro Services
EINHdr · item D95-4022185
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jwww.keiro.org
Year of formationHdr · item L1961
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E19)
Ruling yearIRS BMFApr 1989

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b12
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President & Chief Executive Officer
$162,868Pt VII · Sec A
Dir. of Finance & Administration
$123,744Pt VII · Sec A
Dir. Development & Communications
$114,456Pt VII · Sec A
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
CFO/Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Beverly Ito’s $215K as President & Chief Executive Officer is at the 76th percentile of top reported officer pay among 3116 $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

NameFY2024FY2024FY2023FY2022FY2021FY2020
Gene Kanamori - Retired 1222$215,016
Beverly Ito$214,577$189,638$43,329
Gene S Kanamori$161,851$162,868$171,331
Kevin Onishi$168,361$159,236$132,130
Brad Fujikuni$159,882$158,046$137,032
Bradley K Fujikuni$129,044$123,744$110,286
Brandon Leong$117,814$114,456
Michelle Hirano$111,868

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

1 program service account for $2.3M of program spending, described in the organization's own filed words · FY2020.
01

1) conducted and organized wellness programs, health screenings, and health education for a total of over 3,000 hours of classes, serving 3,091 individuals virtually. Program topics included senior safety tips, mindfulness for seniors, alzheimer's education, information related to senior scams, technology support, lifestyle changes…

$2.3Mprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$1.3M · 78%
Investment income$350K · 22%
Contributions & grants78%$1.3M
Investment income22%$350K
— government grantsLn 1e$420K
Total revenueLn 12$1.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.59 Management & general $0.35 Fundraising $0.06
Program services59%$2.3M
Management & general35%$1.4M
Fundraising6%$250K
Total functional expensesLn 25$3.9M

Balance Sheet

Part X · end of year
CashLn 1$1.8M
Total assetsLn 16$106.7M
Total liabilitiesLn 26$242K
Total net assetsLn 32$106.5M
Months of cash on handcomputed5.4

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $102.2M · Operating expenses/yr $3.9M
312.1 months
Where the money goes
Program services
Program services $2.3M · Total expenses $3.9M
59%
Management & General
Management & general $1.4M · Total expenses $3.9M
35%
Fundraising
Fundraising $250K · Total expenses $3.9M
6%
Cost to raise $1
Fundraising expense (2-yr avg) $230K · Solicited contributions (2-yr avg) $795K
$0.29 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.3M · Total revenue $1.6M
78%
Government reliance
Government grants $420K · Total revenue $1.6M
26%
Earned-income share
Program service revenue $0 · Total revenue $1.6M
0%
Investment reliance
Investment income $350K · Total revenue $1.6M
+22%
Program self-sufficiency
Program service revenue $0 · Total expenses $3.9M
0%
Growth & trend
Revenue growth (YoY)
This year $1.6M · Prior year $1.0M
+55%
Net-asset trend (YoY)
End of year $106.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.6M · Expenses $3.9M
-143%
Liabilities-to-Assets
Total liabilities — · Total assets $106.7M
Net-asset ratio
Net assets $106.5M · Total assets $106.7M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $18.6M · Other securities (Pt X, ln 12) $81.9M · Total assets (Pt X, ln 16) $106.7M
94%
People & payroll
Highest Reported Total Compensation
Individual Gene S Kanamori · Reported title PRESIDENT & CHIEF EXECUTIVE OFFICER · Highest reported compensation $163K · Total expenses $3.9M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.4M · Total expenses $3.9M
36%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 59%
Overhead ratio 35%
Fundraising cost ratio 20%
Revenue growth 55%
Investment management fee ratio 0.2%
Legal fee ratio 4%
Accounting fee ratio 1%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$67K
See all 4 funders →
Grants paid · 138 grants · $6.4M · 2019–2024
Keiro Kikyo Home INCCA · FY2024$5,001,313
Cerritos Baptist ChurchCA · FY2024$10,600
Pasadena Nikkei Seniors INCCA · FY2024$10,000
Long Beach Buddhist ChurchCA · FY2024$10,000
Kansai Club INCCA · FY2024$9,600
Zenshuji Soto MissionCA · FY2024$9,500
Union Church of Los AngelesFY2024$9,000
Faith United Methodist ChurchFY2024$8,000
Leisure Club at EsgvjccCA · FY2024$7,800
See all 138 grants →

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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$3.6M revenue · ⤓ 990 PDF
FY2023$8.2M revenue · ⤓ 990 PDF
FY2022$1.6M revenue · ⤓ 990 PDF
FY2021$1.6M revenue · viewing · ⤓ 990 PDF
FY2020$1.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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