TEACHING HOSPITALS OF TEXAS

EIN: 742412893

AUSTIN, TX

Total Revenue
$1,018,633
Total Expenses
$984,876
Total Assets
$848,025
Net Assets
$848,025
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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
1986
Legal Domicile
TX
Principal Officer
MAUREEN MILLIGAN
Phone
5124761497
Tax Period
2023-10-01 to 2024-09-30

TEACHING HOSPITALS OF TEXAS, founded in 1986, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $985K left a modest 3% surplus.

Mission

TO PROVIDE A FRAMEWORK THROUGH WHICH MEMBERS CAN COOPERATE ON A STATE WIDE SCALE TO PROMOTE ANALYSIS AND RESEARCH CONCERNING MATTERS AFFECTING MEMBERS AND TO PROVIDE INFORMATION AND ASSISTANCE ON ADMINISTRATIVE, REGULATORY, FINANCIAL, LEGISLATIVE, AND JUDICIAL MATTERS UNIQUE TO MEMBERS SO THEY CAN BETTER SERVE AND REPRESENT THE NEEDS OF THEIR COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $978,505
Investment Income $40,128
Other Revenue $0
TOTAL REVENUE $1,018,633

Expense Breakdown

Grants Paid $0
Salaries & Benefits $536,430
Fundraising Expenses $0
Other Expenses $448,446
TOTAL EXPENSES $984,876

Year-over-Year Comparison

2023 2022 Change
Revenue $1,018,633 $681,787 +0.5%
Expenses $984,876 $913,978 +0.1%
Net Income $33,757 $-232,191 -1.1%
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
16
Independent Members
16
Employees
4
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
0
$0
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ESMAEIL PORSA CHAIR 2.00
Director
$0 $0 $0
JACOB CINTRON PAST CHAIR 2.00
Director
$0 $0 $0
MIKE GEESLIN MEMBER AT LARGE 2.00
Director
$0 $0 $0
GEORGE HERNANDEZ SECRETARY 2.00
Director
$0 $0 $0
CHRISTOPHER DUROVICH TRUSTEE 1.00
Director
$0 $0 $0
KIRK CALHOUN MD MEMBER AT LARGE 1.00
Director
$0 $0 $0
FRED CERISE MD MEMBER AT LARGE 1.00
Director
$0 $0 $0
MARK FUNDERBURK TRUSTEE 1.00
Director
$0 $0 $0
JOHNNY F HIPP TRUSTEE 1.00
Director
$0 $0 $0
PETER WT PISTERS MD TRUSTEE 1.00
Director
$0 $0 $0
JOHN WARNER MD TRUSTEE 1.00
Director
$0 $0 $0
JONATHAN EFRON TRUSTEE 1.00
Director
$0 $0 $0
KAREN DUNCAN TRUSTEE 1.00
Director
$0 $0 $0
TIMOTHY HARLIN TRUSTEE 1.00
Director
$0 $0 $0
ADAM MESSER TRUSTEE 1.00
Director
$0 $0 $0
RUSSELL TIPPIN TRUSTEE 1.00
Director
$0 $0 $0
JOHN ZERWAS MD TRUSTEE 1.00
Director
$0 $0 $0
STEPHEN BOWERMAN TRUSTEE 1.00
Director
$0 $0 $0
DANIEL PODOLSKY MD TRUSTEE 1.00
Director
$0 $0 $0
TIM HARLIN TREASURER 1.00
Director
$0 $0 $0
GEORGE HERNANDEZ TREASURER 1.00
Director
$0 $0 $0
REED HURLEY TREASURER 1.00
Director
$0 $0 $0
BECKY KORENEK TRUSTEE 1.00
Director
$0 $0 $0
JOCHEN REISER TRUSTEE 1.00
Director
$0 $0 $0
MAUREEN MILLIGAN PRES/CEO, HON MBR 40.00
Highest
$297,026 $0 $297,026
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 $1,018,633 $984,876 $848,025 $33,757
2023 $681,787 $913,978 $814,583 $-232,191
2022 $1,246,809 $883,954 $1,045,717 $362,855
2021 $888,638 $825,503 $684,089 $63,135
2020 $751,202 $790,111 $620,954 $-38,909
2019 $799,475 $783,259 $659,863 $16,216
2018 $767,972 $783,929 $643,647 $-15,957
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