GDiseases, Disorders & Medical DisciplinesEIN: 843475904· Ruling Year: 2021

Texas Heart Medical Group

Houston, Texas

B+Health Score
71B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 5 peers in Diseases, Disorders & Medical Disciplines with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.50×
Peer Median2.50×
💰
$19.9M
Total Revenue
📊
$15.0M
Total Expenses
🏦
$7.6M
Net Assets
📋
$8.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+44.7%
Year-over-year change (2021 → 2022)
Net Margin
+24.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.50
Net assets divided by total expenses
Liabilities-to-Assets
53.9%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2022$19,918,63645%$15,033,91125%$16,403,692422%
2021$13,763,716212%$12,047,401248%$3,141,81561%
2020$4,414,919$3,461,914$1,947,595

Frequently Asked Questions

What does Texas Heart Medical Group do?

Texas Heart Medical Group is a diseases, disorders & medical disciplines nonprofit organization based in Texas. It is classified under NTEE code G43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Texas Heart Medical Group financially healthy?

Based on our 9-metric Financial Health Score model, Texas Heart Medical Group has a score of 71/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Texas Heart Medical Group generate?

Texas Heart Medical Group reports $19.7M in annual revenue and holds $13.2M in total assets, based on IRS filings.

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Texas Heart Medical Group — Houston, TX | GiveScope