TEXAS HEALTH INSTITUTE (EIN 742237787) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1964

Legal Domicile

Principal Officer

ANKIT SANGHAVI

Phone

5122793910

Tax Period

2023-01-01 to 2023-12-31

TEXAS HEALTH INSTITUTE, founded in 1964, is a community nonprofit in the Health Care sector that reported $4.0M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF THE TEXAS HEALTH INSTITUTE IS TO ADVANCE THE HEALTH OF ALL.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,489,194

Program Service Revenue $1,446,506

Investment Income $10,054

Other Revenue $7,236

TOTAL REVENUE $3,952,990

Expense Breakdown

Grants Paid $30,923

Salaries & Benefits $2,225,166

Fundraising Expenses $29,561

Program Expenses $3,123,502

Other Expenses $1,783,782

TOTAL EXPENSES $4,039,871

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,952,990	$3,043,034	+0.3%
Expenses	$4,039,871	$3,676,199	+0.1%
Net Income	$-86,881	$-633,165	-0.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

115

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

$515,312

Total Directors

$245,648

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEXIA GREEN	TRUSTEE	1.00	Director	$0	$0	$0
ANKIT SANGHAVI EXEC DIR	SECRETARY/TREASURER	40.00	Officer Director	$213,828	$31,820	$245,648
BEN G RAIMER	TRUSTEE	1.00	Director	$0	$0	$0
CAMILLE D MILLER	TRUSTEE	1.00	Director	$0	$0	$0
CAROL J PARET	TRUSTEE	1.00	Director	$0	$0	$0
CHARLOTTE SCOTT	TRUSTEE	1.00	Director	$0	$0	$0
DANIEL CROWE	CHAIR	1.00	Officer Director	$0	$0	$0
DONALD WAGNER	TRUSTEE	1.00	Director	$0	$0	$0
DONNA M MEYER	TRUSTEE	1.00	Director	$0	$0	$0
GEORGE MILLER JR	TRUSTEE	1.00	Director	$0	$0	$0
GEORGE T ROBERTS JR	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
JAMIE C FREENY	TRUSTEE	1.00	Director	$0	$0	$0
JOHN HELLERSTEDT	TRUSTEE	1.00	Director	$0	$0	$0
KIM JONES	TRUSTEE	1.00	Director	$0	$0	$0
KIM SLOCUM	TRUSTEE	1.00	Director	$0	$0	$0
KIMBERLY WOLF	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL MONOPOLI	TRUSTEE	1.00	Director	$0	$0	$0
P OSWIN CHRISMAN	TRUSTEE	1.00	Director	$0	$0	$0
SANDRA TOVAR	CHAIR-ELECT	1.00	Officer Director	$0	$0	$0
SHAWN GIBBS	TRUSTEE	1.00	Director	$0	$0	$0
TONYA FUQUA	TRUSTEE	1.00	Director	$0	$0	$0
SHERRY WILKIE-CONWAY	CHIEF OPERATING OFFICER	40.00	Officer	$125,212	$7,561	$132,773
STEPHANIE ONDRIAS	CHIEF CONVENING EDU OFFICER	40.00	Officer	$117,534	$19,357	$136,891

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	No data	No data	No data	No data
2023	$3,952,990	$4,039,871	$1,660,870	$-86,881
2022	$3,043,034	$3,676,199	$1,515,727	$-633,165
2021	$3,432,530	$3,140,815	$2,485,871	$291,715
2020	$2,688,712	$2,354,741	$1,605,198	$333,971
2019	$2,400,474	$2,355,085	$1,231,343	$45,389
2018	$2,043,663	$1,937,356	$1,000,003	$106,307

TEXAS HEALTH INSTITUTE