Newark, DE
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Delaware Technology Park Inc, founded in 1991, is a community nonprofit in the Community Improvement sector that reported $8.0M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $9.0M exceeded revenue, resulting in a 13% operating deficit.
The mission of the Delaware Technology Park is to stimulate economic growth and create high-value jobs in the Mid-Atlantic region by providing affordable state-of-the-art facilities, access to necessary resources and connections to the region's industry, government and academic leaders.
Promotion of the commercialization of startup companies in the technology industry. This encompasses interactions with the state, university, and private industries. DTP opens the pathway to grants...
Promotion of the commercialization of startup companies in the technology industry. This encompasses interactions with the state, university, and private industries. DTP opens the pathway to grants, existing patents within the University of Delaware and potential private sector business opportunities.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $7,987,789 | $7,159,701 | +0.1% |
| Expenses | $9,043,739 | $7,990,297 | +0.1% |
| Net Income | $-1,055,950 | $-830,596 | +0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Andrew M Lubin | Chair | 10.00 |
Officer
Director
|
$75,000 | $0 | $75,000 |
| Dennis Assanis PhD | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Fleming | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Brian A Pryor PhD | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jonathan Sheehan | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| J Michael Bowman | President & CEO | 40.00 |
Officer
|
$0 | $0 | $75,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $7,987,789 | $9,043,739 | $54,450,072 | $-1,055,950 |
| 2024 | $7,159,701 | $7,990,297 | $55,909,283 | $-830,596 |
| 2023 | $5,204,019 | $6,380,982 | $56,922,886 | $-1,176,963 |
| 2022 | $3,908,292 | $4,213,637 | $39,389,300 | $-305,345 |
| 2021 | $3,926,033 | $4,343,508 | $31,938,684 | $-417,475 |
| 2020 | $4,431,632 | $4,173,919 | $14,939,031 | $257,713 |
| 2019 | $4,475,207 | $4,075,797 | $14,794,533 | $399,410 |
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