FAMILY HEALTH CENTER MCKINNEY INC (EIN 871369353) - 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

2021

Legal Domicile

Principal Officer

JAMES TIPPIT

Phone

2143077574

Tax Period

2024-01-01 to 2024-12-31

FAMILY HEALTH CENTER MCKINNEY INC, founded in 2021, is a micro nonprofit in the Health Care sector that reported $92K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $607K exceeded revenue, resulting in a 560% operating deficit.

Mission

Family Health Center McKinney, Inc. was founded as charity in the context of theNew Markets Tax Credit deal that supports the Family Health Center on Virginia project. A project of The North Texas Family Health Foundation. This project supports development of a primary care medical home for everyone, 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $25

Other Revenue $92,000

TOTAL REVENUE $92,025

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $606,954

Other Expenses $606,954

TOTAL EXPENSES $606,954

Year-over-Year Comparison

	2024	2023	Change
Revenue	$92,025	$97,256	-0.1%
Expenses	$606,954	$606,955	0.0%
Net Income	$-514,929	$-509,699	+0.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES TIPPIT	President	2.00	Officer Director	$0	$0	$0
GERALYN KEVER	Secretary	2.00	Officer Director	$0	$0	$0
ROBB TEMPLE	Treasurer	2.00	Officer Director	$0	$0	$0
RAY ECKENRODE	Director	2.00	Director	$0	$0	$0
ERIN BLAIR	Director	2.00	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	$92,025	$606,954	$9,550,399	$-514,929
2023	$97,256	$606,955	$9,982,752	$-509,699
2022	$43,630	$618,462	$10,409,876	$-574,832
2021	$1,251,680	$199,045	$10,862,133	$1,052,635

FAMILY HEALTH CENTER MCKINNEY INC