Central Texas Health And Benefit Trust Fund
Central Texas Health And Benefit Trust Fund shows strong asset growth but recent expenses slightly exceed revenue.
EIN: 200400732 · Phoenix, AZ · NTEE: Y42 · Updated: 2026-03-28
Is Central Texas Health And Benefit Trust Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Central Texas Health And Benefit Trust Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Central Texas Health And Benefit Trust Fund
Central Texas Health And Benefit Trust Fund (EIN: 200400732) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code Y42. The organization reported total revenue of $54.2M and total assets of $39.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Texas Health And Benefit Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Texas Health And Benefit Trust Fund is a major nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $36.4M |
| Total Expenses | $37.6M |
| Surplus / Deficit | $-1,193,527 |
| Total Assets | $29.2M |
| Total Liabilities | $12.3M |
| Net Assets | $16.9M |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 42.2% |
| Months of Reserves | 9.3 months |
Financial Health Grade: B
In 2023, Central Texas Health And Benefit Trust Fund reported a deficit of $1.2M with expenses exceeding revenue, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 42.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Central Texas Health And Benefit Trust Fund's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.1% | +27.2% | +13.4% |
| 2022 | -19.0% | +23.7% | -2.6% |
| 2021 | +30.4% | +5.1% | +43.4% |
| 2020 | -3.1% | +19.5% | +22.5% |
| 2019 | +27.6% | -26.7% | +39.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Central Texas Health And Benefit Trust Fund with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Central Texas Health And Benefit Trust Fund allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation is paid to officers. This is a highly positive indicator, suggesting that all funds are directed towards the organization's mission rather than executive salaries, which is commendable for an organization with latest revenue of over $54 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Central Texas Health And Benefit Trust Fund's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (2022 and 2023), with a deficit of $1,193,527 in 2023 and $3,003,618 in 2022.
- Significant increase in liabilities from $3,551,372 in 2014 to $12,326,446 in 2023, which is a substantial rise relative to asset growth.
Strengths
The following positive indicators were identified for Central Texas Health And Benefit Trust Fund:
- Consistent and substantial revenue growth over the past decade, from $17.2M in 2014 to $36.4M in 2023.
- Strong asset growth, nearly doubling from $15.9M in 2014 to $29.2M in 2023.
- 0% officer compensation reported across all filings, indicating a strong commitment to mission-focused spending.
- Generally stable financial operations with revenues often exceeding expenses in most years.
Frequently Asked Questions about Central Texas Health And Benefit Trust Fund
Is Central Texas Health And Benefit Trust Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Texas Health And Benefit Trust Fund (EIN: 200400732) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Central Texas Health And Benefit Trust Fund spend its money?
Central Texas Health And Benefit Trust Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Central Texas Health And Benefit Trust Fund tax-deductible?
Central Texas Health And Benefit Trust Fund is registered as a tax-exempt nonprofit (EIN: 200400732). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Central Texas Health And Benefit Trust Fund financially stable?
Yes, the organization appears financially stable with growing assets ($29,226,461 in 2023) and substantial revenue. However, the last two periods (2022 and 2023) show expenses slightly exceeding revenue, which warrants monitoring.
How has the organization's revenue changed over time?
Revenue has shown significant growth, increasing from $17,249,698 in 2014 to $36,413,818 in 2023, with a peak latest revenue of $54,243,477.
What is the trend in the organization's assets and liabilities?
Assets have consistently grown from $15,988,164 in 2014 to $29,226,461 in 2023. Liabilities have also increased significantly, from $3,551,372 in 2014 to $12,326,446 in 2023.
Does the organization pay its officers?
No, the organization consistently reports 0% officer compensation across all available IRS 990 filings, indicating no salaries are paid to its officers.
Are there any concerns regarding spending efficiency?
While specific program spending details are not provided, the consistent 0% officer compensation suggests high efficiency in directing funds. However, the recent trend of expenses slightly exceeding revenue in 2022 and 2023 should be reviewed for long-term efficiency.
Filing History
IRS 990 filing history for Central Texas Health And Benefit Trust Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Central Texas Health And Benefit Trust Fund's revenue has grown by 124.6%, moving from $16.2M to $36.4M. Total assets increased by 371% over the same period, from $6.2M to $29.2M. Total functional expenses rose by 164%, from $14.2M to $37.6M. In its most recent filing year (2023), Central Texas Health And Benefit Trust Fund reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $12.3M in liabilities against $29.2M in assets (debt-to-asset ratio: 42.2%), resulting in net assets of $16.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $36.4M | $37.6M | $29.2M | $12.3M | — | — |
| 2022 | $26.6M | $29.6M | $25.8M | $7.7M | — | View 990 |
| 2021 | $32.8M | $23.9M | $26.5M | $5.4M | — | View 990 |
| 2020 | $25.2M | $22.7M | $18.5M | $6.3M | — | — |
| 2019 | $26.0M | $19.0M | $15.1M | $5.3M | — | View 990 |
| 2018 | $20.3M | $26.0M | $10.8M | $8.0M | — | View 990 |
| 2017 | $19.3M | $22.5M | $15.3M | $6.8M | — | View 990 |
| 2016 | $17.8M | $17.0M | $16.0M | $4.3M | — | View 990 |
| 2015 | $16.6M | $18.1M | $15.8M | $4.8M | — | View 990 |
| 2014 | $17.2M | $14.1M | $16.0M | $3.6M | — | View 990 |
| 2013 | $16.2M | $13.2M | $13.1M | $3.8M | — | View 990 |
| 2012 | $16.2M | $11.3M | $9.7M | $3.4M | — | View 990 |
| 2011 | $16.2M | $14.2M | $6.2M | $4.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $36.4M, expenses of $37.6M, and assets of $29.2M (revenue +37.1% year-over-year).
- 2022: Revenue of $26.6M, expenses of $29.6M, and assets of $25.8M (revenue -19.0% year-over-year).
- 2021: Revenue of $32.8M, expenses of $23.9M, and assets of $26.5M (revenue +30.4% year-over-year).
- 2020: Revenue of $25.2M, expenses of $22.7M, and assets of $18.5M (revenue -3.1% year-over-year).
- 2019: Revenue of $26.0M, expenses of $19.0M, and assets of $15.1M (revenue +27.6% year-over-year).
- 2018: Revenue of $20.3M, expenses of $26.0M, and assets of $10.8M (revenue +5.4% year-over-year).
- 2017: Revenue of $19.3M, expenses of $22.5M, and assets of $15.3M (revenue +8.6% year-over-year).
- 2016: Revenue of $17.8M, expenses of $17.0M, and assets of $16.0M (revenue +6.9% year-over-year).
- 2015: Revenue of $16.6M, expenses of $18.1M, and assets of $15.8M (revenue -3.6% year-over-year).
- 2014: Revenue of $17.2M, expenses of $14.1M, and assets of $16.0M (revenue +6.4% year-over-year).
- 2013: Revenue of $16.2M, expenses of $13.2M, and assets of $13.1M (revenue +0.2% year-over-year).
- 2012: Revenue of $16.2M, expenses of $11.3M, and assets of $9.7M (revenue -0.2% year-over-year).
- 2011: Revenue of $16.2M, expenses of $14.2M, and assets of $6.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Texas Health And Benefit Trust Fund:
Data Sources and Methodology
This transparency report for Central Texas Health And Benefit Trust Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.