Prism Health North Texas

Nonprofit profile at a glance

EIN
752306145
IRS 990 coverage
2010–2024
Official website data refreshed
Jul 2026
Forms available
Form 990 2024
Location
Dallas, TX, USA
Phone
214-521-5191
Rating
85
Verdict
STRONG
Rating confidence
Standard
Sector
Health

Official website

Reported finances

Revenue
$124,939,996
Expenses
$123,882,125
Assets
$47,756,208
Liabilities
$19,690,379

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

25 people listed

Executive titles in this filing

  • JOHN CARLO (CEO)
  • JASON VERCHER (EXECUTIVE VICE PRESIDENT OF OPERATIONS)

Highest reported compensation

  • JOHN CARLO (CEO): $385,123 total reported compensation
  • JANA VOEGE (CFO): $254,989 total reported compensation
  • JASON VERCHER (EXECUTIVE VICE PRESIDENT OF OPERATIONS): $209,538 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Promoting the health equity of communities we serve through education, prevention, research, and affirming personalized healthcare. We have pharmacies near our Oak Cliff, Oak Lawn, and South Dallas Health Centers. These pharmacies are located in the building of our Oak Cliff and Oak Lawn Centers and just across the street from our South Dallas Center, making it easier for you to get your prescription medications faster. All PHNTX pharmacies offer free delivery and patient management programs where specially-trained staff can help you manage your conditions with one-on-one support and consultation. This includes insurance coordination — working with your doctor and insurance company to ensure you receive your medication. Learn More Interior lobby of pharmacy Oak Lawn.

What it reported doing in 2024

Aid arms, inc. (aai) dba prism health services of north Texas is a covered entity as defined by congress enacted section 340b of the public health service act, created under section 602 of the veterans health care act of 1992, and as such, is authorized for dispensing to eligible patients, certain outpatient drugs from contracted manufacturers at reduced prices. Aai manages the 340b program through contract pharmacy arrangements with three colocated pharmacies. The program has two components to address the specific needs of people with HIV (pwh) to adhere to their treatment regimen and achieve viral load suppression. The first component provides access to drugs for eligible patients with no third party insurance coverage. In this case, drugs dispensed to eligible patients are paid with ryan white funds. The second component is designed to provide pharmacy services to pwh who are insured. In this case, the drugs dispensed to patients at their contracted pharmacies of choice are purchased at 340b discount prices and the pharmacies bill the insurance carriers prevailing retail prices. This process generates net proceeds for the covered entity which is the spread between the 340b discounted price and the retail price, whose uses are subject to the 340b rules and regulations

Operating model

Revenue model
Other-operating. 90% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 84% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 96
  • Accountability: 86
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.7%; rating input score 84
  • Program expense ratio: 84.4%; rating input score 84
  • Fundraising efficiency: $16.23 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0.8%; rating input score 36; 36th percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0.41; rating input score 44; 44th percentile among comparable filings
  • Officer compensation ratio: 1.8%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 20.5% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 19.6% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 19.1% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • What they do: 12 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 83.7% of revenue deployed · 84.4% of spending went to programs
  • Governance: 13 of 13 board members independent · 6 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $104.6M in reported program spending
  • Leadership: top reported pay $385K · 25 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $525K reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 8 filed schedules · includes grants, executive pay, and related organizations
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Fundraising efficiency scored 53/100.
  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 36/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 44/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.