TEJAS NEXT HEALTH (EIN 821878689) - 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

2017

Legal Domicile

Principal Officer

Lori Anne Dyess

Phone

7373004014

Tax Period

2023-09-01 to 2024-08-31

TEJAS NEXT HEALTH, founded in 2017, is a community nonprofit in the Health Care sector that reported $4.5M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $4.0M left a modest 11% surplus.

Mission

The Corporation is formed for any or all of the following purposes:A. The carrying out of scientific research and research projects in the public interest in the fields of medical sciences, medical economics, public health, sociology, and related areas;B. The improving and developing of the abilities of individuals and institutions studying, teaching and practicing medicine;C.The delivery of health care to the public;D. The engagement in contracting with entities for the benefit of population health, providers of care, and communities;E. Other activities useful or appropriate to the accomplishment of the foregoing purpose.

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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 $0

Program Service Revenue $4,419,646

Investment Income $43,303

Other Revenue $0

TOTAL REVENUE $4,462,949

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,549,749

Other Expenses $3,989,749

TOTAL EXPENSES $3,989,749

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,462,949	$5,719,902	-0.2%
Expenses	$3,989,749	$4,432,342	-0.1%
Net Income	$473,200	$1,287,560	-0.6%

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

N/A

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

$119,948

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lori Anne Dyess	President	0.00	Officer	$0	$17,349	$119,948
Carroll Thornburg	Chair	1.00	Officer Director	$0	$0	$0
Mark Janes	Secretary	1.00	Officer Director	$0	$0	$0
Kristopher Steinke	Treasurer	1.00	Officer Director	$0	$0	$0
German Corso	Director	1.00	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	$4,462,949	$3,989,749	$2,298,019	$473,200
2023	$5,719,902	$4,432,342	$1,888,869	$1,287,560
2022	$3,640,275	$3,219,417	$492,406	$420,858
2021	$405,456	$356,803	$83,828	$48,653
2020	$696,952	$667,814	$36,675	$29,138
2019	$584,556	$582,652	$22,724	$1,904

TEJAS NEXT HEALTH