TEXAS MEDICAL CENTER VENTURE FUND (EIN 823136541) - 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

2017

Legal Domicile

Principal Officer

WILLIAM MCKEON

Phone

7137916104

Tax Period

2023-01-01 to 2023-12-31

TEXAS MEDICAL CENTER VENTURE FUND, founded in 2017, is a small nonprofit in the Health Care sector that reported $126K in total revenue in fiscal year 2023. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $372K exceeded revenue, resulting in a 194% operating deficit.

Mission

PROVIDE SUPPORT TO THE TEXAS MEDICAL CENTER.

🔒

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 $0

Program Service Revenue $0

Investment Income $101,826

Other Revenue $24,588

TOTAL REVENUE $126,414

Expense Breakdown

Grants Paid $0

Salaries & Benefits $260,136

Fundraising Expenses $0

Program Expenses $371,911

Other Expenses $111,775

TOTAL EXPENSES $371,911

Year-over-Year Comparison

	2023	2022	Change
Revenue	$126,414	$706,960	-0.8%
Expenses	$371,911	$542,029	-0.3%
Net Income	$-245,497	$164,931	-2.5%

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

N/A

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

$3,931,552

Total Directors

$3,931,552

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM MCKEON	PRESIDENT	1.0	Officer Director	$0	$66,080	$3,061,476
DENISE CASTILLO-RHODES	TREASURER	1.0	Officer Director	$0	$33,000	$870,076
JOHN REALE	Executive in Residence	40.0	Highest	$234,836	$33,080	$267,916
GREG MOORE	VICE CHAIRPERSON	1.0	Director	$0	$0	$0
CHARLES W HALL	SECRETARY	1.0	Officer Director	$0	$0	$0
BERNARD HARRIS JR	CHAIRPERSON	1.0	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	$126,414	$371,911	$36,830,030	$-245,497
2022	$706,960	$542,029	$34,050,049	$164,931
2021	$1,210,068	$684,103	$28,801,322	$525,965
2020	$396,316	$739,556	$13,984,182	$-343,240
2019	$315,650	$239,468	$9,287,078	$76,182
2018	$20,932	$105,177	$3,345,931	$-84,245

TEXAS MEDICAL CENTER VENTURE FUND