Christian Healthcare Specialists

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

Mark Blocher

Phone

2317072313

Tax Period

2024-01-01 to 2024-12-31

Christian Healthcare Specialists, founded in 2020, is a small nonprofit in the Health Care sector that reported $287K in total revenue in fiscal year 2024. Revenue surged 113% from the prior year, signaling strong growth momentum. Expenses of $475K exceeded revenue, resulting in a 65% operating deficit.

Mission

Christian Healthcare Specialists exists to provide exceptional medical services to the community, guided by Biblical values.

Program Service Accomplishments

Program 1

Expenses: $269,814 Revenue: $282,902

In 2024, Christian Healthcare Specialists provided 20 different advanced care procedures and outpatient surgeries to patients from across Michigan and nine different states. Services are provided by a team that includes a board certified general surgeon, a board certified anesthesiologist, several surgical RNs, and a surgical technologist. CHS provides a patient assistance program for low-income patients: however, the organizations regular fees are nearly 60% less than the average charged in hospital-owned facilities.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $326

Program Service Revenue $282,902

Investment Income $3,975

Other Revenue $0

TOTAL REVENUE $287,203

Expense Breakdown

Grants Paid $0

Salaries & Benefits $230,042

Fundraising Expenses $26,577

Program Expenses $269,814

Other Expenses $244,683

TOTAL EXPENSES $474,725

Year-over-Year Comparison

	2024	2023	Change
Revenue	$287,203	$134,549	+1.1%
Expenses	$474,725	$310,246	+0.5%
Net Income	$-187,522	$-175,697	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$460,070

Total Directors

$376,224

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeffrey Woo	Treasurer	1.00	Officer Director	$0	$0	$159,184
Mark Blocher	President	3.00	Officer Director	$0	$0	$117,856
Brian Aenis	Secretary	1.00	Officer Director	$0	$0	$99,184
Ted VanderKooi	Director	25.00	Officer	$0	$0	$83,846

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	$287,203	$474,725	$601,306	$-187,522
2023	$134,549	$310,246	$721,882	$-175,697
2022	$34,209	$187,069	$1,312,697	$-152,860