GULF HEALTH PROPERTIES INC (EIN 630933700) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

D MARK NIX

Phone

2514353030

Tax Period

2024-04-01 to 2025-03-31

GULF HEALTH PROPERTIES INC, founded in 1986, is a small nonprofit that reported $444K in total revenue in fiscal year 2018. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $592K exceeded revenue, resulting in a 33% operating deficit.

Mission

GULF HEALTH PROPERTIES HOLDS TITLE TO RENTAL PROPERTIES AND PROVIDES MANAGEMENT SERVICES INCLUDING COLLECTION OF RENTS AND MAINTENANCE OF BUILDINGS AND GROUNDS FOR THE 501(C)(3) PARENT.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $113,194

Investment Income $0

Other Revenue $100,037

TOTAL REVENUE $213,231

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $370,269

TOTAL EXPENSES $370,269

Year-over-Year Comparison

	2024	2023	Change
Revenue	$213,231	$576,389	-0.6%
Expenses	$370,269	$286,892	+0.3%
Net Income	$-157,038	$289,497	-1.5%

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

N/A

Employees

N/A

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

$4,780,066

Total Directors

$3,337,945

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
D MARK NIX	CHAIRMAN/PRE	2.00	Officer Director	$0	$66,904	$1,900,471
JOE T STOUGH III	VICE PRESIDE	2.00	Officer	$0	$125,099	$925,028
JOSEPH DENTON	ASSISTANT TR	2.00	Officer Director	$0	$132,249	$850,898
SCOTT BROWNING	SECRETARY	2.00	Officer Director	$0	$78,950	$586,576
KERRY TOLLESON	TREASURER	2.00	Officer	$0	$79,540	$517,093

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
2025	$213,231	$370,269	$15,140,933	$-157,038
2024	$576,389	$286,892	$15,431,631	$289,497
2023	$2,044,729	$560,365	$15,093,470	$1,484,364
2022	$456,155	$490,280	$15,618,892	$-34,125
2021	$356,569	$595,080	$13,589,081	$-238,511
2020	$1,765,008	$644,984	$13,819,912	$1,120,024
2019	$443,881	$592,172	$12,683,931	$-148,291

GULF HEALTH PROPERTIES INC