TEXAS HEALTH FOUNDATION INC

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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

KIM WILSON

Phone

4096734139

Tax Period

2023-01-01 to 2023-12-31

TEXAS HEALTH FOUNDATION INC, founded in 2021, is a community nonprofit in the Health Care sector that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 76% from the prior year, signaling strong growth momentum. Expenses of $3.3M exceeded revenue, resulting in a 52% operating deficit.

Mission

THE ORGANIZATION EXISTS TO CARRY OUT RESEARCH IN THE FIELD OF MEDICAL SCIENCE, SUPPORT MEDICAL EDUCATION IN MEDICAL SCHOOLS, IMPROVE AND DEVELOP INDIVIDUALS AND INSTITUTIONS STUDYING, TEACHING, AND PRACTICING MEDICINE, AND IN THE DELIVERY OF HEALTH CARE AND HEALTH CARE INFORMATION TO THE PUBLIC.

Program Service Accomplishments

Program 1

Expenses: $2,597,508 Revenue: $2,106,915

ORGANIZATION PROVIDES SERVICES FOR WOMEN'S HEALTH, MEN'S HEALTH, AND ANESTHETICS

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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 $78,129

Program Service Revenue $2,106,915

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,185,044

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,039,817

Fundraising Expenses $0

Program Expenses $2,597,508

Other Expenses $1,280,334

TOTAL EXPENSES $3,320,151

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,185,044	$1,244,814	+0.8%
Expenses	$3,320,151	$1,824,923	+0.8%
Net Income	$-1,135,107	$-580,109	+1.0%

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

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

$50,058

Total Directors

$383,095

Key Employees

$892,703

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY W MARTIN MD	MEDICAL DIRECTOR	40.00	Director	$118,269	$0	$118,269
MAZIN AL SALEH MD	MEDICAL DIRECTOR	40.00	Director	$264,826	$0	$264,826
KIMBERLY WILSON	EXECUTIVE OFFICER	40.00	Officer	$10,816	$0	$10,816
CARL WILSON	EXECUTIVE OFFICER	40.00	Officer	$20,284	$0	$20,284
MICHELLE WILSON	EXECUTIVE OFFICER	1.00	Officer	$0	$0	$18,958
MALIYHAH AL BAJAN	EMPLOYEE	40.00	Key Emp	$292,000	$0	$292,000
KELCIE ALEXANDER	EMPLOYEE	40.00	Key Emp	$261,275	$0	$261,275
RHONDA MONCEAUX	EMPLOYEE	40.00	Key Emp	$121,625	$0	$121,625
PETER Q YE	EMPLOYEE	40.00	Key Emp	$217,803	$0	$217,803

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
2023	$2,185,044	$3,320,151	$104,972	$-1,135,107
2022	$1,244,814	$1,824,923	$120,722	$-580,109
2021	$389,820	$807,336	$126,250	$-417,516