Kalos Health
Legal name: Kalos Health Inc
Nonprofit profile at a glance
- EIN
- 461066844
- IRS 990 coverage
- 2014–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Lockport, NY, USA
- Phone
- 1-800-894-2464
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Health Systems
Reported finances
- Revenue
- $1,127,054
- Expenses
- $1,990,437
- Assets
- $21,302,890
- Liabilities
- $5,568,448
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- CARLO FIGLIOMENI (PRESIDENT & CEO)
People named in this filing
- BARBARA SMITH CPA (BOARD MEMBER)
- DAVID SCHLEIN CPA (TREASURER)
- JOHN CIPOLLITTI (CHAIRMAN)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Kalos Health provides health insurance coverage through a Medicaid Managed Long-Term Care (MLTC) plan for individuals age 18 and older with a chronic illness and/or health disability who are on Medicaid (or eligible for Medicaid) and live in six Western New York counties: Erie, Niagara, Genesee, Orleans, Chautauqua, or Monroe.
What it reported doing in 2025
Managed long term care plan health benefits.
Operating model
- Revenue model
- Investment-supported. 78% of the money available for current operations came from recurring investment income.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 20
- Transparency & Controls: 90
- Accountability: 100
- Sustainability: 39
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 26.8%; rating input score 27
- Program expense ratio: 16.1%; rating input score 16
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -76.6%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 10.7; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0.26; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: -0.7% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: 0.8% per year; rating input score 100; 14th percentile among comparable filings
- Asset growth: 14.2% per year; rating input score 100; 67th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 26.8% of revenue deployed · 16.1% of spending went to programs
- Governance: 5 of 5 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $320K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 4 filed schedules
- Filing history: 11 filing years from 2014 to 2025
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 27/100.
- High — Financial Efficiency: Program expense ratio scored 16/100.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.