Texas Health Recovery and Wellness… - Form 990 Financial Data

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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

2016

Legal Domicile

Principal Officer

Sarah Schmock

Phone

6822367900

Tax Period

2023-01-01 to 2023-12-31

Texas Health Recovery and Wellness Center, founded in 2016, is a community nonprofit in the Health Care sector that reported $5.5M in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $10.0M exceeded revenue, resulting in a 81% operating deficit.

Mission

A FAITH-BASED ORGANIZATION WHOSE MISSION IS TO IMPROVE THE HEALTH OF THE PEOPLE IN THE COMMUNITIES IT SERVES, REGARDLESS OF THEIR ABILITY TO PAY.

Program Service Accomplishments

Program 1

Expenses: $6,289,259 Revenue: $4,290,805

Texas Health Recovery and Wellness Center (THRWC) is licensed as an 80 bed residential treatment center and not as a hospital. THRWC helps to meet the demand for mental health and chemical dependency services for the Dallas/Fort Worth area and treats both adolescents as well as adults with these issues. Through residential treatment, they have a better chance of achieving full sobriety. THRWC had 6,022 patient days and 570 discharges and 336 Outpatient Encounters. THRWC will provide these services to patients without regard to ability to pay.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,203,263

Program Service Revenue $4,290,805

Investment Income $-41,172

Other Revenue $43,429

TOTAL REVENUE $5,496,325

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $4,562,653

Fundraising Expenses $0

Program Expenses $6,289,259

Other Expenses $5,410,758

TOTAL EXPENSES $9,974,911

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,496,325	$3,857,737	+0.4%
Expenses	$9,974,911	$9,857,901	+0.0%
Net Income	$-4,478,586	$-6,000,164	-0.3%

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

102

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

$8,138,525

Total Directors

$4,698,354

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BerdanBarclay E	THR CEO/Trustee	0.32	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
CoxKathleen B	President	0.5	Officer	$0	$167,781	$795,298
JacksonDavid W	Assistant Secretary	0.5	Officer	$0	$165,877	$680,985
SchroederJennifer Ann	Former Officer	0.0		$0	$84,919	$509,274
CantuStacy G	Corporate Secretary	0.5	Officer	$0	$71,659	$424,847
YatesJoseph Jeremy	Former Officer	0.0		$0	$51,004	$235,134
ElmoreJulie Paige	SUPV NRSG	40.0	Highest	$130,602	$39,533	$175,704
AkhigbeBrenda Chidiebere	RN II	40.0	Highest	$114,759	$45,854	$160,613
HammerHolli Nicole	DIR NRSG BEHAVIORAL HLTH	40.0	Highest	$120,655	$37,124	$157,779
OduguwaNellius Wanjiru	RN II	40.0	Highest	$111,992	$43,306	$155,298
AbegundeAbraham	RN II	40.0	Highest	$107,952	$43,753	$151,705
SchmockSarah A	ADMN BH HEALTH/WELLNESS CTR	40.0	Officer	$61,308	$34,581	$139,155
Chhutani MD Sheila	Trustee	0.02	Director	$0	$0	$76,638
BreazealeCinda Renee	ADMN BH HLTH/WC Term 2/2023	40.0	Officer	$26,061	$8,415	$34,476
Vigness MD Richard	Chair	0.02	Director	$0	$0	$0
Hunt Hunter	Vice Chair	0.02	Director	$0	$0	$0
Wilder Jr Charles	Immediate Past Chair	0.02	Director	$0	$0	$0
Bernstein Kenneth	Trustee	0.02	Director	$0	$0	$0
Braun JD Vianei Lopez	Trustee	0.2	Director	$0	$0	$0
Guyton Michael	Trustee	0.02	Director	$0	$0	$0
Haggar III Joseph	Trustee	0.02	Director	$0	$0	$0
Hum MD Lawrence	Trustee	0.02	Director	$0	$0	$0
Iruegas Javier	Trustee	0.02	Director	$0	$0	$0
Montgomery Lynn	Trustee	0.02	Director	$0	$0	$0
Nunez MD Ignacio	Trustee	0.02	Director	$0	$0	$0
Reeves Kenneth	Trustee	0.02	Director	$0	$0	$0
Weeks DNP Susan	Trustee	0.02	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	$5,496,325	$9,974,911	$28,134,779	$-4,478,586
2022	$3,857,737	$9,857,901	$29,405,923	$-6,000,164
2021	$3,823,032	$10,889,064	$31,202,077	$-7,066,032
2020	$9,357,990	$10,154,426	$33,273,210	$-796,436
2019	$6,256,469	$9,365,523	$42,691,698	$-3,109,054
2018	$3,898,139	$8,401,621	$32,946,301	$-4,503,482

Texas Health Recovery and Wellness Center