CHI HEALTH CARE INC (EIN 450929271) - 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

2011

Legal Domicile

Principal Officer

Tracy Bowen

Phone

3016646464

Tax Period

2022-01-01 to 2022-12-31

CHI HEALTH CARE INC, founded in 2011, is a micro nonprofit in the Health Care sector that reported $930 in total revenue in fiscal year 2022. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $578K exceeded revenue, resulting in a 62093% operating deficit.

Mission

To champion exceptional integrative health care through collaboration and innovation.

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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 (2022)

Revenue Breakdown

Contributions & Grants $6

Program Service Revenue $0

Investment Income $924

Other Revenue $0

TOTAL REVENUE $930

Expense Breakdown

Grants Paid $0

Salaries & Benefits $531,106

Fundraising Expenses $0

Program Expenses $453,233

Other Expenses $47,292

TOTAL EXPENSES $578,398

Year-over-Year Comparison

	2022	2021	Change
Revenue	$930	$2,016	-0.5%
Expenses	$578,398	$478,736	+0.2%
Net Income	$-577,468	$-476,720	+0.2%

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

$258,574

Total Directors

$258,574

Key Employees

$141,881

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Fogel MD	President and CEO	40	Officer Director	$234,484	$24,090	$258,574
Tracy Bowen	Program Director	40	Key Emp	$141,881	$0	$141,881
John Siegler MBA	Vice President	1	Officer Director	$0	$0	$0
Ilana Bar Levav	Director	1	Director	$0	$0	$0
Debbie Schwartz	Director	1	Director	$0	$0	$0
Tom Granatir	Director	1	Director	$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
2022	$930	$578,398	$155,730	$-577,468
2021	$2,016	$478,736	$764,042	$-476,720
2020	$12,585	$466,721	$1,242,468	$-454,136
2019	$730,822	$3,369,182	$1,750,733	$-2,638,360
2018	$1,817,879	$4,616,151	$4,598,973	$-2,798,272

CHI HEALTH CARE INC