DELAWARE HEALTH EMPOWERMENT COALITION INC (EIN 880563353) - 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

2022

Legal Domicile

Principal Officer

CYDNEY TEAL

Phone

3023581924

Tax Period

2024-01-01 to 2024-12-31

DELAWARE HEALTH EMPOWERMENT COALITION INC, founded in 2022, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 125% from the prior year, signaling strong growth momentum. The organization ran a surplus of $532K, a strong 35% operating margin.

Mission

TO PROVIDE HIGH QUALITY, COMPREHENSIVE HEALTHCARE THAT WILL EDUCATE, EMPOWER AND ENGAGE PATIENTS, WHILE MITIGATING THE HEALTH INEQUALITIES THAT EXIST IN 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,323,926

Program Service Revenue $171,952

Investment Income $4,399

Other Revenue $0

TOTAL REVENUE $1,500,277

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $523,156

Fundraising Expenses $0

Program Expenses $609,684

Other Expenses $444,597

TOTAL EXPENSES $968,753

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,500,277	$667,442	+1.2%
Expenses	$968,753	$659,034	+0.5%
Net Income	$531,524	$8,408	+62.2%

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

Governance

Voting Members

Independent Members

Employees

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

$329,650

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CYDNEY TEAL	DIRECTOR	40.00	Director	$169,615	$24,266	$193,881
JOAN COKER	DIRECTOR	20.00	Director	$0	$0	$0
VELMA SCANTLEBURY	DIRECTOR	20.00	Director	$105,769	$0	$105,769
FELLICIA STALLINGS	DIRECTOR	20.00	Director	$30,000	$0	$30,000
DARIA BARKSDALE	EMPLOYEE	40.00	Highest	$108,317	$0	$108,317

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	$1,500,277	$968,753	$893,423	$531,524
2024	No data	No data	No data	No data
2023	$667,442	$659,034	$384,559	$8,408
2022	$320,249	$49,909	$255,484	$270,340

DELAWARE HEALTH EMPOWERMENT COALITION INC