HOUSTON HEALTHCARE PROPERTIES INC (EIN 270174397) - 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

2009

Legal Domicile

Principal Officer

CHARLES G BRISCOE

Phone

4785427959

Tax Period

2023-01-01 to 2023-12-31

HOUSTON HEALTHCARE PROPERTIES INC, founded in 2009, is a community nonprofit in the Community Improvement sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $2.2M exceeded revenue, resulting in a 31% operating deficit.

Mission

MANAGEMENT OF THE NON-HOSPITAL PROPERTY OF HOUSTON HEALTHCARE SYSTEM, INC.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,708,093

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,708,093

Expense Breakdown

Grants Paid $0

Salaries & Benefits $462,600

Fundraising Expenses $0

Other Expenses $1,773,666

TOTAL EXPENSES $2,236,266

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,708,093	$1,262,288	+0.4%
Expenses	$2,236,266	$2,292,386	0.0%
Net Income	$-528,173	$-1,030,098	-0.5%

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

N/A

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

$793,150

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY WARNOCK	VICE-CHARIMAN	4.00	Director	$0	$0	$0
MARK BYRD	DIRECTOR	3.00	Director	$0	$0	$0
TRUDIE WARREN	DIRECTOR	3.00	Director	$0	$0	$0
IVAN ALLEN	CHAIRMAN	3.00	Director	$0	$0	$0
SCOTT WESTMORELAND	DIRECTOR	3.00	Director	$0	$0	$0
FRED GRAHAM	DIRECTOR (UNTIL 12/7/23)	3.00	Director	$0	$0	$0
ANGIE GHEESLING	DIRECTOR	3.00	Director	$0	$0	$0
TOMMY STALNAKER	DIRECTOR	3.00	Director	$0	$0	$0
ROBERT TUGGLE	DIRECTOR	3.00	Director	$0	$0	$0
CHARLES BRISCOE	PRESIDENT & CEO	5.00	Officer	$0	$23,074	$457,224
SEAN WHILDEN	CFO	5.00	Officer	$0	$25,498	$335,926

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	No data	No data	No data	No data
2023	$1,708,093	$2,236,266	$27,234,311	$-528,173
2022	$1,262,288	$2,292,386	$27,049,301	$-1,030,098
2021	$1,213,722	$1,993,139	$28,129,794	$-779,417
2020	$1,047,032	$1,903,904	$29,125,980	$-856,872
2019	$920,731	$1,891,621	$28,426,447	$-970,890
2018	$807,925	$1,844,221	$29,396,893	$-1,036,296

HOUSTON HEALTHCARE PROPERTIES INC