VICTORY THERAPEUTIC CENTER INC

EIN: 030415483 501(c)(3) Health Care

Roanoke, TX

Total Revenue
$694,085
Total Expenses
$902,239
Total Assets
$1,211,485
Net Assets
$800,067
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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
2002
Legal Domicile
TX
Principal Officer
Kathy White
Phone
6828311323
Tax Period
2023-08-01 to 2024-07-31

VICTORY THERAPEUTIC CENTER INC, founded in 2002, is a small nonprofit in the Health Care sector that reported $694K in total revenue in fiscal year 2023. Expenses of $902K exceeded revenue, resulting in a 30% operating deficit.

Mission

To provide daily victories utilizing equine-assisted therapy for individuals with physical and emotional disabilities, including veterans, first responders and their families.

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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 (2023)

Revenue Breakdown

Contributions & Grants $465,407
Program Service Revenue $223,703
Investment Income $0
Other Revenue $4,975
TOTAL REVENUE $694,085

Expense Breakdown

Grants Paid $20,000
Salaries & Benefits $376,789
Fundraising Expenses $54,831
Program Expenses $672,516
Other Expenses $505,450
TOTAL EXPENSES $902,239

Year-over-Year Comparison

2023 2022 Change
Revenue $694,085 $690,242 +0.0%
Expenses $902,239 $949,163 0.0%
Net Income $-208,154 $-258,921 -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
10
Independent Members
10
Employees
22
Volunteers
130

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
$0
Total Directors
10
$41,122
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rebecca Cox CEO (8/23 - 12/23) 40
Director Highest
$41,122 $0 $41,122
Rick Bousquet CEO (1/24 - 3/24) 40
Highest
$15,577 $0 $15,577
Stephen Heckaman CEO (6/24 - 4/25) 40
Highest
$11,846 $0 $11,846
Kathy White Chairman 10.00
Officer Director
$0 $0 $0
Jim Hanophy Vice Chairman 2.00
Officer Director
$0 $0 $0
Doug Tonne Secretary 2.00
Officer Director
$0 $0 $0
Tina Coleman Director 10.00
Director
$0 $0 $0
Ken Walsh Director 1
Director
$0 $0 $0
Chris Carr Director 2
Director
$0 $0 $0
Katie Heflin Director 1
Director
$0 $0 $0
Frank Tabone Director 0.5
Director
$0 $0 $0
Michael Nacarato Director 1
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
2024 $694,085 $902,239 $1,211,485 $-208,154
2023 $690,242 $949,163 $1,466,951 $-258,921
2022 $994,078 $849,624 $1,303,199 $144,454
2021 $839,767 $736,373 $1,159,826 $103,394
2020 $594,272 $710,703 $1,123,605 $-116,431
2019 $724,849 $804,477 $1,163,836 $-79,628
2018 $503,080 $1,021,709 $1,249,227 $-518,629
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