DELAWARE HEALTH NET INC (EIN 201336340) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

GABBY COUNTRY SCHULTZ

Phone

3026556187

Tax Period

2023-09-01 to 2024-08-31

DELAWARE HEALTH NET INC, founded in 2004, is a small nonprofit in the Health Care sector that reported $892K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 20% operating deficit.

Mission

TO ASSIST MEMBER ORGANIZATIONS IN PURSUIT OF THEIR INDVIDUAL AGENCY MISSIONS, ENHANCE AND DEVELOP CLINICAL AND BUSINESS TOOLS, AND TO CONTINUE TO FOSTER A COLLABORATIVE AND TRUSTING RELATIONSHIP AMONG ITS MEMBER ORGANIZATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $666,377

Program Service Revenue $181,390

Investment Income $47

Other Revenue $44,125

TOTAL REVENUE $891,939

Expense Breakdown

Grants Paid $0

Salaries & Benefits $455,721

Fundraising Expenses $0

Program Expenses $983,273

Other Expenses $613,758

TOTAL EXPENSES $1,069,479

Year-over-Year Comparison

	2023	2022	Change
Revenue	$891,939	$1,006,362	-0.1%
Expenses	$1,069,479	$933,027	+0.1%
Net Income	$-177,540	$73,335	-3.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$102,665

Total Directors

$102,665

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GABRIEL GARCIA-LOPEZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
DR CODY CRAMER	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JASMINE FINELY	TREASURER	1.00	Officer Director	$0	$0	$0
BRENDA PUSEY	DIRECTOR	1.00	Director	$0	$0	$0
ROSA RIVERA	EX-OFFICIO	1.00	Director	$0	$0	$0
GABBY COUNTRY SCHULTZ	EXECUTIVE DI	40.00	Officer Director	$102,665	$0	$102,665

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$861,820	$1,160,960	$481,503	$-299,140
2024	$891,939	$1,069,479	$412,127	$-177,540
2023	$1,006,362	$933,027	$560,530	$73,335
2022	$837,871	$914,410	$593,466	$-76,539
2021	$928,729	$757,131	$652,784	$171,598
2020	$853,155	$829,701	$519,780	$23,454
2019	$807,141	$836,370	$461,949	$-29,229
2018	$796,365	$766,894	$563,459	$29,471

DELAWARE HEALTH NET INC