Kimochi Inc
Nonprofit profile at a glance
- EIN
- 237117402
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- San Francisco, CA, USA
- Phone
- 4159312294
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Senior Centers
Reported finances
- Revenue
- $4,868,053
- Expenses
- $4,762,340
- Assets
- $9,686,686
- Liabilities
- $1,606,196
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- MICHI YUKAWA (PRESIDENT)
- GREG YEE (VICE-PRESIDENT)
- STEVE ISHII (EXECUTIVE DIRECTOR)
Highest reported compensation
- STEVE ISHII (EXECUTIVE DIRECTOR): $147,244 total reported compensation
- ROD VALDEPENAS (CONTROLLER): $105,419 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
For over 50 years, kimochi has provided programs and services for seniors, which include referral and outreach services, health and consumer education seminars, healthy aging activities and senior center, congregate and home delivered meals, social services, in-home support services, transportation, adult social day care, and 24 hour residential and respite care programs.
What it reported doing in 2024
Community services programs, including: adult day care activities (35 clients/29,674 units of service; social services/translation program (607 clients/75 units of service); family caregiver support program (69 clients/928.5 units of service)
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.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 50
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.6%; rating input score 77
- Program expense ratio: 77.9%; rating input score 78
- 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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.2%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 2.03; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.17; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 5.3%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: 3.4% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 2.7% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: 1.9% per year; rating input score 100; 19th percentile among comparable filings
Details
- Where the money goes: 76.6% of revenue deployed · 77.9% of spending went to programs
- Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $3.7M in reported program spending
- Leadership: top reported pay $147K · 16 people listed
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Operating margin scored 42/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.