Keiro Northwest
Nonprofit profile at a glance
- EIN
- 510172382
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2021
- Location
- Seattle, WA, USA
- Phone
- 2067266460
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Supportive Housing for Older Adults
Reported finances
- Revenue
- $10,511,618
- Expenses
- $5,276,522
- Assets
- $23,111,666
- Liabilities
- $5,231,869
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Highest reported compensation
- AMY NGUYEN (EXECUTIVE DI): $154,221 total reported compensation
- EVALANE HERNANDEZ (REGISTERED N): $125,959 total reported compensation
- THERESA MCLAUGHLIN (DIRECTOR OF): $113,742 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We empower our asian community through a continuum of exceptional health care servies that are culturally sensitive.
What it reported doing in 2024
Nikkei manor is a 50-unit nurturing assisted living community enriched by the presence of caring staff, friendly neighbors, and visiting family members. Private apartments encourage and support the independence of each resident. 24-hour staffing and nurses available 8 hours a day provide the residents with a variety of care options. Kokoro kai, which means "meeting of the hearts and minds", nourishes the mind, body, and spirit of its adult day program participants through engaging activities, gentle exercise, and nutritious meals enjoyed with caring staff and dedicated volunteers.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
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 program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 48
- Transparency & Controls: 71
- Accountability: 91
- Sustainability: 79
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 42.2%; rating input score 42
- Program expense ratio: 75.3%; rating input score 75
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 49.8%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 4.38; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.23; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 7.5%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: -11.9% per year; rating input score 0; 2nd percentile among comparable filings
- Revenue growth: -6.5% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: -2% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 42.2% of revenue deployed · 75.3% of spending went to programs
- Governance: 9 of 9 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $4M in reported program spending
- Leadership: top reported pay $154K · 13 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $199K reported
- Consistency: 34 of 34 current checks pass
- Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.