Texas Health Resources Foundation (EIN 752022128) - 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

1985

Legal Domicile

Principal Officer

Laura McWhorter

Phone

6822367900

Tax Period

2023-01-01 to 2023-12-31

Texas Health Resources Foundation, founded in 1985, is a mid-sized nonprofit in the Health Care sector that reported $28.2M in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $33.4M exceeded revenue, resulting in a 18% operating deficit.

Mission

Develop and cultivate philanthropy and collaborative relationships within the community to support the programs and services offered by TX Health Resources related entities

🔒

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 $8,695,739

Program Service Revenue $0

Investment Income $19,326,985

Other Revenue $210,033

TOTAL REVENUE $28,232,757

Expense Breakdown

Grants Paid $25,175,326

Salaries & Benefits $4,567,669

Fundraising Expenses $3,980,912

Program Expenses $25,175,326

Other Expenses $3,608,040

TOTAL EXPENSES $33,351,035

Year-over-Year Comparison

	2023	2022	Change
Revenue	$28,232,757	$19,184,776	+0.5%
Expenses	$33,351,035	$22,229,969	+0.5%
Net Income	$-5,118,278	$-3,045,193	+0.7%

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

458

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

$8,944,484

Total Directors

$4,621,716

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BerdanBarclay E	Trustee /Corporate Officer	0.5	Officer Director	$0	$1,016,271	$4,621,716
McWhorterRicky E	Former Officer	0.0		$0	$325,006	$1,840,778
KramerKenneth J	Assistant Secretary	0.5	Officer	$0	$235,245	$1,442,048
McWhorterLaura Quenette	President THR Foundation	40.0	Officer	$602,573	$123,696	$726,269
JacksonDavid W	Assistant Secretary	0.5	Officer	$0	$165,877	$680,985
CantuStacy G	Corporate Secretary	0.5	Officer	$0	$71,659	$424,847
FisherShannon Blackman	VP Foundation & Fund Developmt	40.0	Officer	$292,049	$86,672	$378,721
HigdonSarah Beeks	VP Foundation & Fund Developmt	40.0	Officer	$288,052	$50,296	$338,348
FarrarEdward A	Former Officer	0.0		$0	$66,869	$332,849
KrausJanine M	VP Foundation & Fund Developmt	40.0	Officer	$296,235	$35,315	$331,550
ArcemontMark J	FOUNDATION ADVANCEMENT OFFICER	40.0	Highest	$223,204	$55,983	$279,187
RamseyVictoria Milke	PRINCIPAL GIFTS OFFICER	40.0	Highest	$151,461	$41,620	$193,081
PattonLaura	PRINCIPAL GIFTS OFFICER	40.0	Highest	$135,267	$48,332	$183,599
HawthorneDouglas D	Former Highest Paid	0.0		$87,000	$0	$182,356
DavidsonPeggy	DIR STRATEGIC COMMS	40.0	Highest	$145,679	$25,558	$171,237
McAuleyJames K	Former Officer	0.0		$169,871	$0	$169,871
SimsTammy L	MAJOR GIFTS OFFICER	40.0	Highest	$126,235	$23,182	$149,417
Braley Keith D	Vice Chair	2.0	Director	$0	$0	$0
Moffatt Lynne T	Chair	2.0	Director	$0	$0	$0
Skaggs Christopher L	Immediate Past Chair	2.0	Director	$0	$0	$0
Appleman Michael	Trustee	2.0	Director	$0	$0	$0
Cramer Karen	Trustee	2.0	Director	$0	$0	$0
De Leon Patricia	Trustee	2.0	Director	$0	$0	$0
Dipert Linda	Trustee	2.0	Director	$0	$0	$0
Gunnin Mark	Trustee	2.0	Director	$0	$0	$0
Jarvis Kenneth B	Trustee	2.0	Director	$0	$0	$0
Morgan Michelle	Trustee	2.0	Director	$0	$0	$0
Patterson Jr Fred W	Trustee	2.0	Director	$0	$0	$0
Steed Steve A	Trustee	2.0	Director	$0	$0	$0
Sureka MD Dimple	Trustee	2.0	Director	$0	$0	$0
Wen MD Ted S	Trustee	2.0	Director	$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	No data	No data	No data	No data
2023	$28,232,757	$33,351,035	$361,167,424	$-5,118,278
2022	$19,184,776	$22,229,969	$320,277,197	$-3,045,193
2021	$49,274,607	$24,747,604	$399,495,018	$24,527,003
2020	$27,155,286	$31,774,515	$355,944,914	$-4,619,229
2019	$28,638,428	$21,537,649	$312,487,022	$7,100,779
2018	$34,326,663	$22,430,800	$262,130,108	$11,895,863

Texas Health Resources Foundation