Texas Health Hospital Frisco (EIN 831954982) - 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

2018

Legal Domicile

Principal Officer

Brett Lee

Phone

4694952000

Tax Period

2023-01-01 to 2023-12-31

Texas Health Hospital Frisco, founded in 2018, is a major nonprofit in the Health Care sector that reported $172.3M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $151.3M left a modest 12% surplus.

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.

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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 $34,405

Program Service Revenue $169,577,444

Investment Income $2,721,656

Other Revenue $9,606

TOTAL REVENUE $172,343,111

Expense Breakdown

Grants Paid $3,438,694

Salaries & Benefits $59,566,537

Fundraising Expenses $0

Program Expenses $112,708,912

Other Expenses $88,303,408

TOTAL EXPENSES $151,308,639

Year-over-Year Comparison

	2023	2022	Change
Revenue	$172,343,111	$151,964,667	+0.1%
Expenses	$151,308,639	$138,521,606	+0.1%
Net Income	$21,034,472	$13,443,061	+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

731

Volunteers

122

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

$2,686,720

Total Directors

$5,649,011

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MiaoWinjie Tang	Trustee	0.01	Director	$0	$476,137	$2,167,038
McWhorterRicky E	Trustee	0.01	Director	$0	$325,006	$1,840,778
KingJames Kirk	Chairman	0.01	Director	$0	$369,248	$1,641,195
LeeBrett Daniel	President THF	40.0	Officer	$486,292	$111,220	$597,512
BassRobert L	Chief Qual & Med Officer THF	40.0	Officer	$462,700	$97,348	$560,048
SchroederJennifer Ann	Former Officer	0.0		$0	$84,919	$509,274
Klitsch John Joseph	Former Highest Pd Employee	0.0		$0	$106,907	$479,569
CantuStacy G	Corporate Secretary	0.01	Officer	$0	$71,659	$424,847
FogliaDorothy Cecelia	Chief Nursing Officer THF	40.0	Officer	$342,244	$77,886	$420,130
FugatePaige	Assistant Secretary	0.01	Officer	$0	$70,265	$337,266
LeeChris	SUPV NRSG	40.0	Highest	$269,364	$40,773	$310,137
CarrKenneth R	PROF & SUPPORT SVCS OFFICER	40.0	Highest	$230,357	$69,956	$300,313
MulvehillMitchell James	Grp Finan Offr Term Sept 2023	20.0	Officer	$0	$58,426	$284,433
EstradaFloranito	Former Highest Pd Employee	0.0		$0	$50,680	$265,475
RoseThurairaj Bright	TECHN CARDIOV SPL PROC	40.0	Highest	$201,678	$62,826	$264,504
FrieceChad Ryan	DIR PHARMACY	40.0	Highest	$202,872	$59,869	$262,741
NicholsDawn D	DIR NRSG PERIOP/WOMENS/ADMV SV	40.0	Highest	$188,673	$50,158	$238,831
BietermanThomas Charles	EFO THF Start Oct 2023	40.0	Officer	$57,713	$4,771	$62,484
Madden MD Christopher	Vice Chairman	0.01	Director	$0	$0	$0
Serber Michael	Trustee	0.01	Director	$0	$0	$0
Warner MD John	Trustee - Term Feb 2023	0.01	Director	$0	$0	$0
Wingate Michele	Trustee	0.01	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	$172,343,111	$151,308,639	$274,113,332	$21,034,472
2022	$151,964,667	$138,521,606	$260,145,757	$13,443,061
2021	$130,956,692	$121,669,224	$242,640,030	$9,287,468
2020	$57,243,473	$90,663,904	$230,057,478	$-33,420,431
2019	$1,529,263	$9,747,178	$250,135,018	$-8,217,915

Texas Health Hospital Frisco