TEXAS OSTEOPATHIC MEDICAL ASSOCIATION

EIN: 750602145

AUSTIN, TX

Total Revenue
$809,174
Total Expenses
$470,714
Total Assets
$3,102,436
Net Assets
$2,903,845
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
TX
Principal Officer
DAMON SCHRANZ DO
Phone
5127088662
Tax Period
2023-01-01 to 2023-12-31

TEXAS OSTEOPATHIC MEDICAL ASSOCIATION, founded in 1946, is a small nonprofit that reported $809K in total revenue in fiscal year 2023. Revenue surged 119% from the prior year, signaling strong growth momentum. The organization ran a surplus of $338K, a strong 42% operating margin.

Mission

TO PROMOTE HEALTH CARE EXCELLENCE FOR THE PEOPLE OF TEXAS,THE PHILOSOPHY AND PRINCIPLES OF OSTEOPATHIC MEDICINE, AND LOYALLY EMBRACE THE FAMILY OF THE OSTEOPATHIC PROFESSION

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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 $32,800
Program Service Revenue $352,986
Investment Income $423,388
Other Revenue $0
TOTAL REVENUE $809,174

Expense Breakdown

Grants Paid $0
Salaries & Benefits $247,438
Fundraising Expenses $0
Other Expenses $223,276
TOTAL EXPENSES $470,714

Year-over-Year Comparison

2023 2022 Change
Revenue $809,174 $369,225 +1.2%
Expenses $470,714 $424,741 +0.1%
Net Income $338,460 $-55,516 -7.1%
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

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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
14
Independent Members
14
Employees
3
Volunteers
100

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
$97,006
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAMON SCHRANZ DO PRESIDENT 1.00
Officer Director
$0 $0 $0
MONTE MITCHELL DO PRESIDENT-ELECT 1.00
Officer Director
$0 $0 $0
KATARINA LINDLEY DO PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
LAWRENCE VERFURTH DO VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
GREG COX DO TRUSTEE 1.00
Director
$0 $0 $0
ROBERT SUTER DO TRUSTEE 1.00
Director
$0 $0 $0
KRIS BELLAND DO TRUSTEE 1.00
Director
$0 $0 $0
VALERIE DELUCA DO TRUSTEE 1.00
Director
$0 $0 $0
GREGORY NEWMAN DO TRUSTEE 1.00
Director
$0 $0 $0
GEORGEANNE FREEMAN DO TRUSTEE 1.00
Director
$0 $0 $0
THOMAS MOHR TRUSTEE 1.00
Director
$0 $0 $0
JOHN PHAM DO TRUSTEE 1.00
Director
$0 $0 $0
SHINEY KOSHY DO NEW PHYSICIAN TRUSTEE 1.00
Director
$0 $0 $0
JORDAN SEXE DO STUDENT TRUSTEE 1.00
Director
$0 $0 $0
JILL SUTTON EXECUTIVE DIRECTOR 40.00
Officer
$97,006 $0 $97,006
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 $809,174 $470,714 $3,102,436 $338,460
2022 $369,225 $424,741 $2,850,520 $-55,516
2021 $2,635,501 $348,544 $3,250,091 $2,286,957
2020 $375,860 $375,467 $1,054,983 $393
2019 $463,527 $381,013 $1,012,317 $82,514
2018 $411,692 $471,818 $925,916 $-60,126
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