Texas Health Back Care

EIN: 474724257 501(c)(3) Health Care

Dallas, TX

Total Revenue
$22,766,079
Total Expenses
$37,093,403
Total Assets
$3,758,677
Net Assets
$3,132,686
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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
2015
Legal Domicile
TX
Principal Officer
Shawn Parsley
Phone
6822367900
Tax Period
2024-01-01 to 2024-12-31

Texas Health Back Care, founded in 2015, is a mid-sized nonprofit in the Health Care sector that reported $22.8M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $37.1M exceeded revenue, resulting in a 63% operating deficit.

Mission

To treat spine, back and pain-related ailments for the people of the community, regardless of their ability to pay.

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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 $22,749,223
Investment Income $0
Other Revenue $16,856
TOTAL REVENUE $22,766,079

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,700,218
Fundraising Expenses $0
Program Expenses $18,471,962
Other Expenses $19,393,185
TOTAL EXPENSES $37,093,403

Year-over-Year Comparison

2024 2023 Change
Revenue $22,766,079 $20,873,172 +0.1%
Expenses $37,093,403 $33,975,375 +0.1%
Net Income $-14,327,324 $-13,102,203 +0.1%
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
N/A
Employees
54
Volunteers
6

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
5
$5,057,657
Total Directors
3
$3,108,967
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Parsley DOShawn D Chairman/President 2.0
Officer Director
$0 $286,338 $1,791,897
KramerKenneth J Assistant Secretary 0.5
Officer
$0 $271,306 $1,617,416
PatelNeil N PHYS PRACTICE 40.0
Highest
$1,000,286 $50,607 $1,050,893
ZaryanovAnton PHYS PRACTICE 40.0
Highest
$921,696 $79,546 $1,001,242
JacksonDavid W Assistant Secretary 0.5
Officer
$0 $125,382 $834,928
RothbartDavid V Chair/Physician 40.0
Director
$615,666 $90,463 $706,129
CampbellDavid Hunter PHYS PRACTICE 40.0
Highest
$630,088 $59,643 $689,731
BergAnthony PHYS PRACTICE 40.0
Highest
$568,622 $78,295 $646,917
Taylor MDWalton Albert Immediate Past Chair 2.0
Director
$0 $69,483 $610,941
ReevesRyan Scott PHYS PRACTICE 40.0
Highest
$511,527 $85,876 $597,403
CantuStacy G Corporate Secretary 0.5
Officer
$0 $73,969 $473,514
BraxtonKenneth W Assistant Secretary 0.5
Officer
$0 $42,123 $339,902
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 $22,766,079 $37,093,403 $3,758,677 $-14,327,324
2023 $20,873,172 $33,975,375 $3,525,553 $-13,102,203
2022 $20,155,221 $28,602,373 $4,156,055 $-8,447,152
2021 $21,893,488 $30,605,789 $3,882,940 $-8,712,301
2020 $15,071,019 $25,453,650 $1,546,774 $-10,382,631
2019 $17,766,954 $21,702,820 $1,286,227 $-3,935,866
2018 $16,886,812 $18,724,497 $1,682,866 $-1,837,685
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