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Education · 2023 Form 990

Southwestern Medical Foundation: $72.8M Revenue, $51.9M Expenses

Dallas, Texas · EIN 750945939 · Filing year 2023

Southwestern Medical Foundation reported $72.8M in total revenue, $51.9M in total expenses, and $1.2B in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $809K (1.11% of revenue). NonprofitTruth efficiency grade: C (59/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
C
Efficiency Score
59/100

Key Facts (2023 Form 990)

Total Revenue
$72.8M
Total Expenses
$51.9M
Total Assets
$1.2B
Reserve Months
277.7 months
Surplus / (Deficit)
$20.9M
EIN
750945939
Latest 990 Year
2023
Current-Officer Compensation
$809K
Officer Comp % of Revenue
1.11%

Southwestern Medical Foundation earns a C on the efficiency rubric — the median bucket on the NonprofitTruth scale, indicating performance close to the national midpoint across financial reserves, officer compensation, and revenue consistency. Composite score: 59/100.

Southwestern Medical Foundation reported $72.8M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Reserves are the limiting factor: Southwestern Medical Foundation carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.

Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. Southwestern Medical Foundation reported $72.8M in 2023, up notably from the start of the window. Officer compensation is modest relative to organizational size: Southwestern Medical Foundation reports $809,372 in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $72.8M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Southwestern Medical Foundation sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.


$72.8M
Revenue
$51.9M
Expenses
$1.2B
Total Assets
$809K
Officer Compensation

How Southwestern Medical Foundation Compares

Southwestern Medical Foundation earns a NonprofitTruth efficiency grade of C (59/100). That is 5 points below the Education category average. Compensation for current officers and key employees represents 1.11% of total revenue. The organization holds 277.7 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$51.9M
Total Expenses
Filing year 2023
$809K
Officer Compensation
1.11% of revenue
277.7 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Southwestern Medical Foundation reported $72.8M in revenue against $51.9M in total functional expenses for filing year 2023, holding roughly 277.7 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $809K in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 1.11% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Southwestern Medical Foundation has a NonprofitTruth Efficiency Score of C (59/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Southwestern Medical Foundation, Donor FAQ

Southwestern Medical Foundation has a NonprofitTruth Efficiency Score of C (59/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Southwestern Medical Foundation reports $809K in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 1.11% of the organization's $72.8M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Southwestern Medical Foundation reported $72.8M in annual revenue and $51.9M in total expenses for filing year 2023. The organization holds $1.2B in total assets.

Southwestern Medical Foundation holds approximately 277.7 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.

Southwestern Medical Foundation is a registered 501(c) organization with EIN 750945939, based in Dallas, Texas. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.