CONNECTICUT HEALTH I-TEAM INC (EIN 461068891) - 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

2012

Legal Domicile

Principal Officer

Lynne DeLucia

Phone

2032156373

Tax Period

2022-01-01 to 2022-12-31

CONNECTICUT HEALTH I-TEAM INC, founded in 2012, is a micro nonprofit in the Health Care sector that reported $88K in total revenue in fiscal year 2022. Revenue decreased 20% compared to the prior year. Expenses of $143K exceeded revenue, resulting in a 62% operating deficit.

Mission

The non-profit Connecticut Health Investigative Team, C-HIT, is dedicated to producing original, responsible, in-depth journalism on issues of health and safety in Connecticut and the surrounding region.

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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 $88,437

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $88,437

Expense Breakdown

Grants Paid $0

Salaries & Benefits $128,575

Fundraising Expenses $0

Program Expenses $113,123

Other Expenses $14,548

TOTAL EXPENSES $143,123

Year-over-Year Comparison

	2022	2021	Change
Revenue	$88,437	$110,495	-0.2%
Expenses	$143,123	$167,921	-0.1%
Net Income	$-54,686	$-57,426	0.0%

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

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

Total Directors

Key Employees

$42,100

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lynne DeLucia	Co-Founder, Editor and President	40	Key Emp	$42,100	$0	$42,100
Karen Hunter	Director	5	Director	$0	$0	$0
Lindy Lee Gold	Director	5	Director	$0	$0	$0
Richard Hanley	Director	5	Director	$0	$0	$0
Nancy Meyer	Director	5	Director	$0	$0	$0
Jeanne Milstein	Director	5	Director	$0	$0	$0
Linda Richetelli-Pepe	Director	5	Director	$0	$0	$0
Marie Shanahan	Director	5	Director	$0	$0	$0
Craig Hunter	Director5	5	Director	$0	$0	$0
Nan M Birdwhistell	Director	5	Director	$0	$0	$0
Bonnie Phillips	Secretary	5	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	$88,437	$143,123	No data	$-54,686
2021	$110,495	$167,921	$85,901	$-57,426
2020	$178,071	$177,630	$143,697	$441
2019	$192,989	$206,845	$137,685	$-13,856
2018	$210,701	$182,708	$161,431	$27,993

CONNECTICUT HEALTH I-TEAM INC