Fort Worth, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Fort Worth MedTech Center Inc dba TechFW, founded in 1998, is a small nonprofit in the Community Improvement sector that reported $599K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 82% operating deficit.
TechFW promotes local economic development and furthers social welfare in the community known as the Southside Medical District in Fort Worth, TX, by operating a small business incubator that will provide small, start-up businesses with operating space and management counseling and support, at below market rates. This small business incubator will primarily target medical and technology oriented start-up business for the purposes of economic and employment growth opportunities.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $599,328 | $826,389 | -0.3% |
| Expenses | $1,093,753 | $632,577 | +0.7% |
| Net Income | $-494,425 | $193,812 | -3.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Ryan Brown | CEO | 40.00 |
Officer
|
$130,022 | $3,892 | $133,914 |
| Hayden Blackburn | COO | 40.00 |
Officer
|
$85,365 | $7,423 | $92,788 |
| Melissa Acosta | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Laura Baldwin | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Alem Boukadoum | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Stella Robertson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Elyse Dickerson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Brent Sorrells | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Manan Atit | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Rodney D'Souza | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Rita Patterson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Sarah Webb | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Caitlin McMinn started 52025 | Director | 0.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $599,328 | $1,093,753 | $1,539,547 | $-494,425 |
| 2023 | $826,389 | $632,577 | $2,196,408 | $193,812 |
| 2022 | $509,549 | $637,850 | $878,746 | $-128,301 |
| 2021 | $716,344 | $654,575 | $553,553 | $61,769 |
| 2020 | $591,292 | $541,873 | $482,846 | $49,419 |
| 2019 | $673,834 | $555,037 | $404,828 | $118,797 |
Compare Fort Worth MedTech Center Inc dba TechFW with other nonprofits in Texas and across the country.