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.
FOR ENTREPRENEURS: TechFW empowers entrepreneurs to commercialize innovative technologies through three focused programs. ThinkLab is an 8-week accelerator that helps founders validate ideas...
FOR ENTREPRENEURS: TechFW empowers entrepreneurs to commercialize innovative technologies through three focused programs. ThinkLab is an 8-week accelerator that helps founders validate ideas, identify markets, and craft go-to-market strategies. SmartStart supports startups as they build and launch?offering tailored guidance, workspace, and connections to consultants and funding. FastForward aids high-growth companies in overcoming leadership and operational challenges, from securing growth capital to implementing scalable processes.
FOR INVESTORS: TechFW?s Cowtown Angels program connects accredited investors with technology startups, providing entrepreneurs nationwide access to local funding. Since its launch in September 2012...
FOR INVESTORS: TechFW?s Cowtown Angels program connects accredited investors with technology startups, providing entrepreneurs nationwide access to local funding. Since its launch in September 2012, members pay an annual fee to attend monthly forums and participate in pitch meetings where TechFW offers coaching, feedback, and pitch preparation. Cowtown Angels comprises retired professionals, serial entrepreneurs, and professional investors?including family offices and private equity firms?and is proud to be a member of the Angel Capital Association.
OUTREACH TO THE COMMUNITY: TechFW sits at the heart of Fort Worth?s innovation ecosystem?fielding community inquiries, connecting startups with partners, and serving on cross-industry committees. We...
OUTREACH TO THE COMMUNITY: TechFW sits at the heart of Fort Worth?s innovation ecosystem?fielding community inquiries, connecting startups with partners, and serving on cross-industry committees. We publish newsletters, host regular and specialty events for entrepreneurs, and collaborate with universities, corporations, and support organizations to drive local growth.
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.