TEXANS FOR GREATER MENTAL HEALTH INC (EIN 884314040) - 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

2022

Legal Domicile

Principal Officer

ERIC KHOZINDER

Phone

9563128456

Tax Period

2024-01-01 to 2024-12-31

TEXANS FOR GREATER MENTAL HEALTH INC, founded in 2022, is a small nonprofit in the Mental Health sector that reported $325K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $292K left a modest 10% surplus.

Mission

IMPROVE MENTAL HEALTH OUTCOMES BY FOSTERING THE DEVELOPMENT AND ACCEPTANCE OF PSYCHEDELIC THERAPIES THROUGH EDUCATION, ENGAGEMENT, AWARENESS, AND POLICY REFORM. WE AIM TO INSURE THAT THESE PROMISING TREATMENTS ARE ACCESSIBLE, SAFE, AND INTEGRATED WITHIN THE HEALTHCARE SYSTEM TO BENEFIT INDIVIDUALS SUFFERING FROM SEVERE MENTAL HEALTH CONDITIONS.

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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 $325,421

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $325,421

Expense Breakdown

Grants Paid $0

Salaries & Benefits $137,206

Fundraising Expenses $0

Program Expenses $118,417

Other Expenses $154,587

TOTAL EXPENSES $291,793

Year-over-Year Comparison

	2024	2023	Change
Revenue	$325,421	$263,437	+0.2%
Expenses	$291,793	$235,893	+0.2%
Net Income	$33,628	$27,544	+0.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC KHOZINDER	President	2.00	Officer Director	$0	$0	$0
TIPTON HORN	MEMBER	2.00	Director	$0	$0	$0
DANI NEFF	Treasurer	2.00	Officer Director	$0	$0	$0
KATHERINE WILLIS	MEMBER	2.00	Director	$0	$0	$0
STEVEN DAVIDSON	MEMBER	2.00	Director	$0	$0	$0
ALEX DOMINGUEZ	Vice President	2.00	Officer 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	$325,421	$291,793	$61,172	$33,628
2023	No data	No data	No data	No data

TEXANS FOR GREATER MENTAL HEALTH INC