Heart of Texas Healthcare System

EIN 32-0326595 • 501(c)3

Profile

The system's purposes are to promote the health of the residents of mcculloch county, texas and surrounding communities, in any appropriate manner and in compliance with applicable federal and state laws; and to own, operate, or manage, or participate in the ownership, operation, or management of, one or more hospitals or health care organizations or other entities whose purpose is the delivery of or arrangement for health care or health-related services, including but not limited to heart of texas memorial hospital ("hospital").

Refreshing map…

2008 Nine Rd76825

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

0.04x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2020

0.08x

Higher debt load relative to revenue than 18% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2020

35%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2020

$322,255

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2020

21%

Faster asset growth than 85% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

13%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / Assets21st percentile

Assets

$57,981,362

Up $9,974,644 (+21%) from 2019

Liabilities

$2,238,391

Up $233,072 (+12%) from 2019

Net Assets

$55,742,971

Up $9,741,572 (+21%) from 2019

Operations

Liabilities / Revenue18th percentile Net Margin84th percentile

Revenue

$27,695,651

Up $3,145,938 (+13%) from 2019

Expenses

Down

$18,058,923

Down $249,981 (-1.4%) from 2019

Net Income

$9,636,728

Up $3,395,919 (+54%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth85th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2020

Assets$57,981,362

Liabilities$2,238,391

Net Assets$55,742,971

Open 2020 Filing

Operations Trend

Revenue Growth60th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2020

Revenue$27,695,651

Expenses$18,058,923

Net Income$9,636,728

Open 2020 Filing

Filings

Most recent year

2020 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing

Assets: $57,981,362
Liabilities: $2,238,391
Net assets: $55,742,971
Revenue: $27,695,651
Expenses: $18,058,923
Net income: $9,636,728

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$58.0	$2.24	$55.7	$27.7	$18.1	$9.64
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$48.0	$2.01	$46.0	$24.5	$18.3	$6.24
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$34.6	$1.70	$32.9	$25.1	$18.8	$6.39
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$28.2	$1.73	$26.5	$26.3	$18.7	$7.59
2014Detailed filing. Detailed filing data is available for this year.	$16.1	$2.25	$13.9	$21.2	$14.4	$6.85