Wise & Healthy Aging
- Assets
- $17.7m
- Revenue
- $9.4m
- Investments
- $0.0
- Employees
- 121
- Location
- Santa Monica, CA
- Founding
- 04/1973
- Data as of
- 06/2021
- EIN
- 95-2788014
Organization Overview
Wise & Healthy Aging is located in Santa Monica, CA. The organization was established in 1973. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 06/2021, Wise & Healthy Aging employed 121 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wise & Healthy Aging is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Wise & Healthy Aging generated $9.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $7.6m during the year ending 06/2021. While expenses have increased by 1.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL SERVICES - ELDERLY/SENIOR AND DISABLED ADULTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CITY AND COUNTY OF LOS ANGELES LONG-TERM CARE OMBUDSMAN PROGRAM: WISE & HEALTHY AGING ADMINISTERS THE SECOND LARGEST OMBUDSMAN PROGRAM IN THE NATION. THE ADVOCACY-FOCUSED PROGRAM IS DESIGNED TO HELP PROTECT AND ENSURE QUALITY OF CARE FOR DISABLED ADULTS AND SENIORS LIVING IN LONG-TERM CARE FACILITIES THROUGHOUT THE GREATER LOS ANGELES COUNTY.
CARE MANAGEMENT: ASSISTING SENIORS TO MAINTAIN INDEPENDENCE IN THEIR OWN HOMES WITH CARE MANAGEMENT (IN-HOME ASSESSMENT AND CONNECTIONS TO COMMUNITY SERVICES; CAN INCLUDE SHORT OR LONGER TERM MONITORING).
ADULT DAY SERVICE CENTER (ADSC): A "SOCIAL" (NOT HEALTH) MODEL, PROVIDING ADULT DAY CARE DURING THE WEEKDAY. THE ADSC GIVES FAMILY CAREGIVERS RESPITE NEEDED, WITH INDIVIDUALIZED APPROACH TO CARE FOR SENIORS, SUPPORTING THOSE WHO MAY HAVE SOME LIMITATIONS DUE TO HEALTH CONDITIONS, INCLUDING THOSE DEALING WITH EARLY MEMORY LOSS OR ALZHEIMER'S DISEASE OR OTHER IMPAIRMENTS. IN ADDITION TO THE GENERAL PROGRAMMING, THE ADSC OFFERS WISEMINDS FOR THOSE ADDRESSING EARLY MEMORY LOSS, AS WELL AS A SPANISH-SPEAKING ADULT DAY CARE PROGRAM CALLED SOMOS AMIGOS ("WE ARE FRIENDS").
CITY AND COUNTY OF LOS ANGELES LONG-TERM CARE OMBUDSMAN PROGRAM: WISE & HEALTHY AGING ADMINISTERS THE SECOND LARGEST OMBUDSMAN PROGRAM IN THE NATION. THE ADVOCACY-FOCUSED PROGRAM IS DESIGNED TO HELP PROTECT AND ENSURE QUALITY OF CARE FOR DISABLED ADULTS AND SENIORS LIVING IN LONG-TERM CARE FACILITIES THROUGHOUT THE GREATER LOS ANGELES COUNTY.
CARE MANAGEMENT: ASSISTING SENIORS TO MAINTAIN INDEPENDENCE IN THEIR OWN HOMES WITH CARE MANAGEMENT (IN-HOME ASSESSMENT AND CONNECTIONS TO COMMUNITY SERVICES; CAN INCLUDE SHORT OR LONGER TERM MONITORING).
ADULT DAY SERVICE CENTER (ADSC): A "SOCIAL" (NOT HEALTH) MODEL, PROVIDING ADULT DAY CARE DURING THE WEEKDAY. THE ADSC GIVES FAMILY CAREGIVERS RESPITE NEEDED, WITH INDIVIDUALIZED APPROACH TO CARE FOR SENIORS, SUPPORTING THOSE WHO MAY HAVE SOME LIMITATIONS DUE TO HEALTH CONDITIONS, INCLUDING THOSE DEALING WITH EARLY MEMORY LOSS OR ALZHEIMER'S DISEASE OR OTHER IMPAIRMENTS. IN ADDITION TO THE GENERAL PROGRAMMING, THE ADSC OFFERS WISEMINDS FOR THOSE ADDRESSING EARLY MEMORY LOSS, AS WELL AS A SPANISH-SPEAKING ADULT DAY CARE PROGRAM CALLED SOMOS AMIGOS ("WE ARE FRIENDS").
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grace Cheng Braun President & Ceo/director | OfficerTrustee | 40 | $245,853 |
Charles Hardie CFO | Officer | 40 | $149,702 |
Molly Davies Vp, Ombudsman & Elder Abuse | 40 | $135,269 | |
Phyllis Amaral Vp, Community-Based Servic | 40 | $129,990 | |
Kathy Fergen Treasurer/director | OfficerTrustee | 3 | $0 |
Scott Kaiser Secretary/director | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
24hr Homecare Llc Home Caregiving | 6/29/21 | $372,971 |
Singerlewak Llp Accounting Services | 6/29/21 | $107,213 |
24hr Homecare Llc Home Caregiving | 6/29/21 | $372,971 |
Singerlewak Llp Accounting Services | 6/29/21 | $107,213 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,977,878 |
| All other contributions, gifts, grants, and similar amounts not included above | $848,818 |
| Noncash contributions included in lines 1a–1f | $6,100 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,826,696 |
| Total Program Service Revenue | $541,733 |
| Investment income | $328,527 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,663,607 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,360,563 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $405,073 |
| Compensation of current officers, directors, key employees. | $7,282 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,467,987 |
| Pension plan accruals and contributions | $41,334 |
| Other employee benefits | $206,246 |
| Payroll taxes | $374,883 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,575 |
| Fees for services: Accounting | $56,687 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $67,713 |
| Fees for services: Other | $660,944 |
| Advertising and promotion | $41,769 |
| Office expenses | $380,161 |
| Information technology | $90,034 |
| Royalties | $0 |
| Occupancy | $288,384 |
| Travel | $24,172 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,165 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,708 |
| Insurance | $102,748 |
| All other expenses | $99,778 |
| Total functional expenses | $7,576,585 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $633,122 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $767,312 |
| Accounts receivable, net | $73,717 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $25,898 |
| Net Land, buildings, and equipment | $145,605 |
| Investments—publicly traded securities | $16,083,649 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,325 |
| Total assets | $17,748,628 |
| Accounts payable and accrued expenses | $931,995 |
| Grants payable | $0 |
| Deferred revenue | $14,293 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $941,200 |
| Other liabilities | $0 |
| Total liabilities | $1,887,488 |
| Net assets without donor restrictions | $12,913,648 |
| Net assets with donor restrictions | $2,947,492 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,748,628 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Wise & Healthy Aging has recieved totaling $285,532.
| Awarding Organization | Amount |
|---|---|
John Gogian Family Foundation Torrance, CA PURPOSE: ANNUAL GRANT FOR GENERAL OPERATING SUPPORT | $75,000 |
Kaiser Foundation Hospitals Oakland, CA PURPOSE: Support Thrive Local Community Network Development | $55,000 |
Ralph M Parsons Foundation Los Angeles, CA PURPOSE: FOR GENERAL SUPPORT OF SERVICES FOR OLDER ADULTS | $50,000 |
Saint Johns Hospital & Health Center Foundation Santa Monica, CA PURPOSE: ADULT DAY SERVICE CENTER AND IN-HOME CARE MGMT. PROGRAM | $50,000 |
Ring Foundation Los Angeles, CA PURPOSE: UNDESIGNATED GENERAL SUPPORT | $40,000 |
Alzheimers Foundation Of America Inc New York, NY PURPOSE: RESPITE SPRING 2021 GRANT | $6,000 |
Endowment Analysis
| Beg. Balance | $2,086,074 |
| Earnings | $400,947 |
| Other Expense | $32,000 |
| Ending Balance | $2,455,021 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
California Primary Care Association Sacramento, CA | $11,309,164 | $14,655,608 |
Homeless Prenatal Program Inc San Francisco, CA | $24,624,994 | $19,931,597 |
Ufw Foundation Los Angeles, CA | $8,010,755 | $14,069,050 |
Native Health Phoenix, AZ | $14,068,043 | $20,218,525 |
Access To Healthcare Network Inc Reno, NV | $8,319,862 | $17,490,060 |
Working Partnerships Usa San Jose, CA | $7,685,088 | $14,971,452 |
Memorial Medical Center Foundation Long Beach, CA | $273,488,586 | $15,793,957 |
Easterseals Northern California Walnut Creek, CA | $3,933,873 | $11,091,029 |
Shanti Project Inc San Francisco, CA | $6,364,268 | $9,428,062 |
Southwest Center For Hiv Aids Inc Phoenix, AZ | $6,283,391 | $8,911,726 |
Wise & Healthy Aging Santa Monica, CA | $17,748,628 | $9,360,563 |
St Rose Dominican Health Foundation Henderson, NV | $36,096,115 | $10,733,038 |