Falkora

Nonprofit profile at a glance

EIN
475051725
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024, Form 990-N 2019
Location
Venice, CA, USA
Phone
2122970400
Rating confidence
Limited
Sector
Public Foundations

Official website

Reported finances

Expenses
$4,020
Assets
$72,690
Liabilities
$206,405

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • KRISTIN WHITE (PRESIDENT)

People named in this filing

  • KRISTIN WHITE (PRESIDENT)
  • THOMAS ERMACORA (CFO)
  • JENNY BARCHFIELD (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission places interdisciplinary approaches for mental health treatment at the top of political agendas around the world.falkora campaigns to expand the definition of mental illness, so future funding can catch up with the scope of the problem, and explores how new technologies can leapfrog outdated approaches to mental well being.falkora is a catalyst for creative conversations around social change - its founders collaborate on the pulse of design, technology, and social entrepreneurship around the world.

What it reported doing in 2024

To inspire innovation, falkora vets and supports promising ideas and emerging talent that focus on technology solutions to improve global mental health.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 30
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 18.08; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 2.84; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: -75.4% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: -54.6% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: 16.9% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 4 of 4 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.