Apex Physician Associates of Texas

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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

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.

Program Service Accomplishments

Program 1

Expenses: $1,392,812 Revenue: $1,099,311

PROVIDES INTEGRATED, PREVENTIVE, PRIMARY MEDICAL AND DENTAL SERVICES TO THE GENERAL PUBLIC FOR MINIMAL COST. MAJORITY OF PATIENTS SERVED REPRESENT THE UNINSURED AND LOW-INCOME SEGMENT OF THE GENERAL...

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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 $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

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

Highest Compensated

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