Texas Health Specialty Hospital Fort Worth
Nonprofit profile at a glance
- EIN
- 751648589
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Fort Worth, TX, USA
- Phone
- 8178785506
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $12,089,504
- Expenses
- $10,402,347
- Assets
- $3,632,363
- Liabilities
- $359,567
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
27 people listed
Executive titles in this filing
- BerdanBarclay E (THR CEO/Trustee)
- KingJames Kirk (President)
Highest reported compensation
- BerdanBarclay E (THR CEO/Trustee): $5,590,405 total reported compensation
- KingJames Kirk (President): $1,912,976 total reported compensation
- KramerKenneth J (Assistant Secretary): $1,617,416 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A faith-based organization whose mission is to improve the health of the people in the communities it serves regardless of their ability to pay.
What it reported doing in 2024
Texas Health Specialty Hospital Fort Worth (THSH) is a 10 bed long-term care hospital providing quality care to patients experiencing an average length of stay of 33 days or longer. Since 1989, THSH has been providing such care to patients in Fort Worth and surrounding communities. During the year, THSH had 3,097 patient days and 67 discharges. THSH provides quality medical healthcare regardless of race, creed, sex, national origin, handicap, age, or ability to pay. The hospital provides care to persons covered by governmental programs including Medicare and Medicaid for reimbursement that does not always cover the cost of providing the care. Recognizing its mission to the community, services are provided to both financially indigent and medically indigent patients. THSH follows all the same policies and best practices regarding financial assistance, charity care, and discounted care, as all other Texas Health hospitals and is compliant with all 501(r) requirements. Given the specialty nature of THSH and the limited number of patients admitted, financial assistance and charity care opportunities are typically limited.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 67
- Accountability: 79
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.7%; rating input score 62
- Program expense ratio: 71.7%; rating input score 72
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 80%; rating input score 80; 16th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 14%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 0.35; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 31.9%; rating input score 1; 1st percentile among comparable filings
Growth
- Program expense growth: 2.7% per year; rating input score 100; 24th percentile among comparable filings
- Revenue growth: 3.5% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: 3.7% per year; rating input score 100; 27th percentile among comparable filings
Details
- Where the money goes: 61.7% of revenue deployed · 71.7% of spending went to programs
- Governance: 12 of 15 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $7.5M in reported program spending
- Leadership: top reported pay $5.6M · 27 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $3.1M reported
- Consistency: 32 of 32 current checks pass
- Schedules: 8 filed schedules · includes executive pay and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 78 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 9/100.
- High — Sustainability: Officer compensation ratio scored 1/100.