DELAWARE DATA INNOVATION LAB INC

🔒

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

PATRICK CALLAHAN

Phone

3026588444

Tax Period

2021-01-01 to 2021-12-31

DELAWARE DATA INNOVATION LAB INC, founded in 2020, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2021. The organization ran a surplus of $601K, a strong 47% operating margin.

Mission

THE DELAWARE DATA INNOVATION LAB'S MISSION IS TO ENGAGE LOCAL AND GLOBAL ORGANIZATIONS IN AN ONGOING CONVERSATION AROUND THE USE OF ADVANCED DATA ANALYTICS AND ARTIFICIAL INTELLIGENCE TO FAST FORWARD RESEARCH IDEAS OUT OF THE LAB AND INTO THE MARKETPLACE.

Program Service Accomplishments

Program 1

DDIL IS AN INNOVATION LAB FOCUSED ON COMBATTING COVID-19 PROBLEMS USING DATA AND TECHNOLOGY.

Program 2

N/A

Program 3

N/A

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $1,267,928

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,267,928

Expense Breakdown

Grants Paid $0

Salaries & Benefits $123,121

Fundraising Expenses $0

Other Expenses $543,385

TOTAL EXPENSES $666,506

Year-over-Year Comparison

	2021	2020	Change
Revenue	$1,267,928	N/A	N/A
Expenses	$666,506	N/A	N/A
Net Income	$601,422	N/A	N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK CALLAHAN	COMPASSRED	1.00	Officer Director	$0	$0	$0
CHRIS CHEN	BOARD MEMBER	1.00	Officer	$0	$0	$0
JAMES FITZHENRY	BOARD MEMBER	1.00	Officer	$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
2021	$1,267,928	$666,506	No data	$601,422