DELAWARE VALLEY HIMSS CHAPTER

EIN: 364432107

Chicago, IL

Total Revenue
$109,388
Total Expenses
$120,486
Total Assets
$155,803
Net Assets
$155,803
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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
1974
Legal Domicile
IL
Principal Officer
VIRAJ PATWARDHAN
Tax Period
2023-07-01 to 2024-06-30

DELAWARE VALLEY HIMSS CHAPTER DVHIMSS, founded in 1974, is a small nonprofit that reported $136K in total revenue in fiscal year 2018. Expenses of $157K exceeded revenue, resulting in a 16% operating deficit.

Mission

SOCIETY FOR HEALTHCARE I.S. PROFESSIONALS

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $73,916
Program Service Revenue $34,017
Investment Income $0
Other Revenue $1,455
TOTAL REVENUE $109,388

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $262
Program Expenses $112,152
Other Expenses $120,486
TOTAL EXPENSES $120,486

Year-over-Year Comparison

2023 2022 Change
Revenue $109,388 $242,261 -0.5%
Expenses $120,486 $258,150 -0.5%
Net Income $-11,098 $-15,889 -0.3%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIRAJ PATWARDHAN PRESIDENT 2.00
Officer
$0 $0 $0
LIANA F ROMERO TREASURER 6.00
Officer
$0 $0 $0
COSTA ALVANOS SECRETARY 2.00
Officer
$0 $0 $0
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 $109,388 $120,486 $155,803 $-11,098
2023 $242,261 $258,150 $149,572 $-15,889
2022 $60,613 $52,841 $165,461 $7,772
2021 $54,363 $18,595 $157,689 $35,768
2020 $89,357 $70,486 $121,921 $18,871
2019 $135,751 $157,076 $103,050 $-21,325
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