Apex Physician Associates of Texas

EIN: 471819185 501(c)(3)

Houston, TX

Total Revenue
$1,099,311
Total Expenses
$1,462,032
Total Assets
$201,826
Net Assets
$72,720
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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
2020
Legal Domicile
TX
Principal Officer
AKBAR MOMIN
Phone
7137036237
Tax Period
2024-01-01 to 2024-12-31

Apex Physician Associates of Texas, founded in 2020, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Expenses of $1.5M exceeded revenue, resulting in a 33% operating deficit.

Mission

TO PROVIDE CHARITABLE SERVICES RELATING TO PROVIDING THE GENERAL PUBLIC WITH PREVENTIVE AND PRIMARY MEDICAL SERVICES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,099,311
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,099,311

Expense Breakdown

Grants Paid $0
Salaries & Benefits $764,694
Fundraising Expenses $0
Program Expenses $1,392,812
Other Expenses $697,338
TOTAL EXPENSES $1,462,032

Year-over-Year Comparison

2024 2023 Change
Revenue $1,099,311 $1,093,429 +0.0%
Expenses $1,462,032 $1,346,166 +0.1%
Net Income $-362,721 $-252,737 +0.4%
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
3
Independent Members
3
Employees
19
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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR RANJAN PATEL Director 2.00
Director
$0 $0 $0
DR AMINA ABDULLA Director 2.00
Director
$0 $0 $0
DR YOUNG DUCK LEE Director 2.00
Director
$0 $0 $0
AKBAR MOMIN Hon. Tresurer 2.00
Officer 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 $1,099,311 $1,462,032 $201,826 $-362,721
2023 $1,093,429 $1,346,166 $477,022 $-252,737
2022 $1,731,609 $1,285,264 $711,715 $446,345
2021 $1,595,824 $1,384,500 $338,369 $211,324
2020 $299,903 $310,037 $44,855 $-10,134
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