Mental Health Resource of Texas (EIN 464931600) - 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

2014

Legal Domicile

Principal Officer

John K Waddell

Phone

5129538160

Tax Period

2023-01-01 to 2023-12-31

Mental Health Resource of Texas, founded in 2014, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 67% from the prior year, signaling strong growth momentum.

Mission

To provide education, training, and consultation to individuals in recovery with experience of mental health conditions, their family members, youth who are interested in mental health, and mental health professionals.

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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 $1,436,480

Program Service Revenue $658,322

Investment Income $0

Other Revenue $53,619

TOTAL REVENUE $2,148,421

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,069,401

Fundraising Expenses $0

Program Expenses $1,420,816

Other Expenses $1,165,375

TOTAL EXPENSES $2,234,776

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,148,421	$1,285,299	+0.7%
Expenses	$2,234,776	$1,371,517	+0.6%
Net Income	$-86,355	$-86,218	+0.0%

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

Key Employees

$227,047

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sandra Smith	Vice President	040.00	Key Emp	$113,547	$0	$113,547
John K Waddell	President / Chief Executive Officer	040.00	Key Emp	$113,500	$0	$113,500
Michele Bibby	Chair	001.00	Officer Director	$0	$0	$0
Sam Shore	Vice Chair	001.00	Officer Director	$0	$0	$0
Eric Glenn	Board Member	001.00	Director	$0	$0	$0
Elliott Niblack	Board Member	001.00	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
2023	$2,148,421	$2,234,776	$359,535	$-86,355
2022	$1,285,299	$1,371,517	$194,067	$-86,218
2021	$1,002,115	$937,236	$174,729	$64,879
2020	$1,417,116	$1,728,477	$586,171	$-311,361
2019	$2,192,509	$2,222,517	$638,693	$-30,008
2018	$2,186,807	$2,091,475	$782,043	$95,332

Mental Health Resource of Texas