CHRISTIANA CARE HEALTH INITIATIVES INC

EIN: 510295186 501(c)(3) Health Care

WILMINGTON, DE

Total Revenue
$3,901,030
Total Expenses
$10,583,853
Total Assets
$4,565,130
Net Assets
$-27,115,651
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
DE
Principal Officer
DOUGLAS AZAR
Phone
3024282426
Tax Period
2022-07-01 to 2023-06-30

CHRISTIANA CARE HEALTH INITIATIVES INC, founded in 1996, is a community nonprofit in the Health Care sector that reported $3.9M in total revenue in fiscal year 2022. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $10.6M exceeded revenue, resulting in a 171% operating deficit.

Mission

CHRISTIANA CARE HEALTH INITIATIVES, INC. SERVES TO SUPPORT THE CHRISTIANA CARE HEALTH SYSTEM AND ADD VALUE TO THE COMMUNITY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,327,814
Investment Income $-426,784
Other Revenue $0
TOTAL REVENUE $3,901,030

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,514,337
Fundraising Expenses $0
Program Expenses $10,583,853
Other Expenses $9,069,516
TOTAL EXPENSES $10,583,853

Year-over-Year Comparison

2022 2021 Change
Revenue $3,901,030 $3,306,709 +0.2%
Expenses $10,583,853 $8,980,280 +0.2%
Net Income $-6,682,823 $-5,673,571 +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

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Governance

Voting Members
2
Independent Members
1
Employees
8
Volunteers
1

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
$1,367,749
Total Directors
3
$828,932
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER L SCHWARTZ ESQ SECRETARY (EX-OFFICIO) 1.0
Officer
$0 $78,435 $823,851
DOUGLAS AZAR PRESIDENT & DIRECTOR 1.0
Officer Director
$0 $57,857 $543,898
BRIAN PAHLOW DO PHYSICIAN 45.0
Highest
$529,836 $12,272 $542,108
AMANDA DEAL DO PHYSICIAN 45.0
Highest
$279,741 $7,085 $286,826
REBECCA NAZARIO DIRECTOR- THRU 3/23 45.0
Director
$0 $19,141 $285,034
CANDACY A GEORGE DO PHYSICIAN 45.0
Highest
$269,180 $7,124 $276,304
HARSHILA KAKKILAYA MD PHYSICIAN 45.0
Highest
$237,627 $13,663 $251,290
MEGHAN HOLLIDAY-MINDERLEIN DO PHYSICIAN 45.0
Highest
$197,457 $0 $197,457
EDWARD K WISSING DIRECTOR, CHAIR 1.0
Officer 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $3,901,030 $10,583,853 $4,565,130 $-6,682,823
2022 $3,306,709 $8,980,280 $5,658,633 $-5,673,571
2021 $3,315,291 $8,087,165 $4,621,312 $-4,771,874
2020 $2,940,012 $7,970,636 $3,542,516 $-5,030,624
2019 $2,294,832 $6,290,453 $2,778,812 $-3,995,621
2018 $938,386 $2,187,646 $1,832,678 $-1,249,260
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