AREA HEALTH ED CNTR MID RIO GRANDE BORDER AREA OF TEXAS INC

EIN: 742716720 501(c)(3) Health Care

Laredo, TX

Total Revenue
$558,444
Total Expenses
$564,479
Total Assets
$292,023
Net Assets
$287,455
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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
1993
Legal Domicile
TX
Principal Officer
JULIE BAZAN
Phone
9567120037
Tax Period
2023-09-01 to 2024-08-31

AREA HEALTH ED CNTR MID RIO GRANDE BORDER AREA OF TEXAS INC, founded in 1993, is a small nonprofit in the Health Care sector that reported $558K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year.

Mission

TO INCREASE THE NUMBER OF WELLTRAINED HEALTH CARE WORKERS IN THE REGION ENHANCE ACADEMIC RESOURCES AND FOSTER A HEALTHY LIFESTYLE

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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 $546,734
Program Service Revenue $9,325
Investment Income $2,385
Other Revenue $0
TOTAL REVENUE $558,444

Expense Breakdown

Grants Paid $0
Salaries & Benefits $276,077
Fundraising Expenses $1,338
Program Expenses $484,260
Other Expenses $288,402
TOTAL EXPENSES $564,479

Year-over-Year Comparison

2023 2022 Change
Revenue $558,444 $619,058 -0.1%
Expenses $564,479 $561,908 +0.0%
Net Income $-6,035 $57,150 -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
N/A
Independent Members
N/A
Employees
9
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
7
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MERCURIO MARTINEZ JR Chairman N/A
Officer Director
$0 $0 $0
IRENE ROSALES Vice Chair N/A
Officer Director
$0 $0 $0
NANCY CADENA Treasurer N/A
Officer Director
$0 $0 $0
LINDA FLORES Secretary N/A
Officer Director
$0 $0 $0
MYRTHALA ALEJO Board Member N/A
Director
$0 $0 $0
VELMA DAVILA Board Member N/A
Director
$0 $0 $0
ANDRES CASTANEDA Board Member N/A
Director
$0 $0 $0
ELMO LOPEZ Board Member N/A
Director
$0 $0 $0
RICHARD CHAMBERLAIN Board Member N/A
Director
$0 $0 $0
PABLO ARENAZ Board Member N/A
Director
$0 $0 $0
HANNA L HUANG Board Member N/A
Director
$0 $0 $0
JOHN KILBURN Board Member N/A
Director
$0 $0 $0
JORGE LEAL Board Member N/A
Director
$0 $0 $0
GERALD SCHWEBEL Board Member N/A
Director
$0 $0 $0
MARIA L VERA Board Member N/A
Director
$0 $0 $0
SUSAN WALKER Board Member N/A
Director
$0 $0 $0
GRACIELA LOPEZ member N/A
Officer
$0 $0 $0
ANDREW WILSON member N/A
Officer
$0 $0 $0
MINITA RAMIREZ member N/A
Officer
$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 $558,444 $564,479 $292,023 $-6,035
2023 $619,058 $561,908 $245,122 $57,150
2022 $295,838 $422,107 $182,382 $-126,269
2021 $315,202 $355,980 No data $-40,778
2020 $378,491 $371,706 No data $6,785
2019 $368,584 $408,680 No data $-40,096
2018 $334,270 $463,418 $436,890 $-129,148
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