Irving Healthcare Foundation (EIN 751570933) - Form 990 Financial Analysis & Trantor Score

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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

1977

Legal Domicile

Principal Officer

John Drake

Phone

2148204135

Tax Period

2024-07-01 to 2025-06-30

Irving Healthcare Foundation, founded in 1977, is a community nonprofit in the Health Care sector that reported $5.0M in total revenue in fiscal year 2024. Expenses of $7.5M exceeded revenue, resulting in a 49% operating deficit.

Mission

Awards funds raised and encourages volunteer service to healthcare charities in Irving, TX.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,038,001

Program Service Revenue $0

Investment Income $2,041,891

Other Revenue $-63,264

TOTAL REVENUE $5,016,628

Expense Breakdown

Grants Paid $6,635,769

Salaries & Benefits $696,466

Fundraising Expenses $342,979

Program Expenses $6,807,161

Other Expenses $141,388

TOTAL EXPENSES $7,499,759

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,016,628	$5,138,544	0.0%
Expenses	$7,499,759	$3,526,140	+1.1%
Net Income	$-2,483,131	$1,612,404	-2.5%

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

Employees

Volunteers

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

$859,773

Total Directors

$1,376,870

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Walter Skip Wilson	Director/Chair	1.00	Officer Director	$0	$0	$0
Jelks Oscar Ward	Director/Vice Chair	1.00	Officer Director	$0	$0	$0
Bal Joshi	Director/Treasurer	1.00	Officer Director	$0	$0	$0
Michael Awosemusi	Director/Secretary	1.00	Officer Director	$0	$0	$0
Mary Ann Kellam	Director	1.00	Director	$0	$0	$0
Nakia Scott	Director (Thru 7/2/24)	1.00	Director	$0	$0	$0
Sara Wardrup	Director	1.00	Director	$0	$0	$0
Joy Apple	Director	1.00	Director	$0	$0	$0
Judy Pierson	Director	1.00	Director	$0	$0	$0
Cindy Santoscoy	Director	1.00	Director	$0	$0	$0
Cindy Schamp	Director	1.00	Director	$0	$342,664	$1,376,870
Tom Trotter	Trustee	1.00	Director	$0	$0	$0
Howard Yu	Director	1.00	Director	$0	$0	$0
Nicolas Agudelo	Director	1.00	Director	$0	$0	$0
Randall G Hubbard	Director	1.00	Director	$0	$0	$0
Robert H Bourgeois	Director	1.00	Director	$0	$0	$0
Rudy Sanchez Jr	Director	1.00	Director	$0	$0	$0
Lila Gundy	Director (Thru 2/6/25)	1.00	Director	$0	$0	$0
Sudhakar Pennam	Director	1.00	Director	$0	$0	$0
Steven Palla	Director	1.00	Director	$0	$0	$0
Naomi Jones	Director	1.00	Director	$0	$0	$0
Raveen Arora	Director	1.00	Director	$0	$0	$0
Diana Pfaff	Director	1.00	Director	$0	$0	$0
Amy Martin	VP CFO	1.00	Officer	$0	$77,661	$500,711
John Drake	President	40.00	Officer	$322,035	$37,027	$359,062
Heather Baker	Dir Foundation	40.00	Highest	$126,001	$18,282	$144,283

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	$5,016,628	$7,499,759	$17,546,602	$-2,483,131
2024	No data	No data	No data	No data
2023	$3,900,323	$2,366,673	$18,039,732	$1,533,650
2022	$3,835,908	$2,692,928	$15,969,810	$1,142,980
2021	$5,370,805	$4,808,704	$17,877,512	$562,101
2020	$5,653,718	$2,646,630	$14,485,513	$3,007,088
2019	$4,279,780	$2,177,573	$11,910,183	$2,102,207
2018	$3,346,289	$2,263,388	$9,963,534	$1,082,901

Irving Healthcare Foundation