North Texas Rehabilitation Center
- Assets
- $3.2m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 87
- Location
- Wichita Falls, TX
- Founding
- 05/1989
- Data as of
- 08/2023
- EIN
- 75-1053631
Organization Overview
North Texas Rehabilitation Center is located in Wichita Falls, TX. The organization was established in 1989. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 08/2023, North Texas Rehabilitation Center employed 87 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Texas Rehabilitation Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, North Texas Rehabilitation Center generated $5.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $4.9m during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
REHABILITATION SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
WELLNESS - TO PROVIDE OPPORTUNITIES FOR FITNESS/WELLNESS ON LAND AND IN THE WATER.
PHYSICAL THERAPY - TO PROVIDE THERAPY FOR PERSONS AGE 17 AND ABOVE WITH PHYSICAL DISABILITIES.
CHILD ACHIEVEMENT PROGRAM - TO PROVIDE THERAPY FOR CHILDREN UP TO THE AGE OF 17.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrell Adams Director | Trustee | 1 | $0 |
Richelle Sons Director | Trustee | 1 | $0 |
Marjorie Parker Director | Trustee | 1 | $0 |
Ty Smith Director | Trustee | 1 | $0 |
Damon Whatley Director | OfficerTrustee | 1 | $0 |
Brandon Anderson Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $815,829 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $850,165 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,665,994 |
| Total Program Service Revenue | $3,348,294 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,027,377 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,344,867 |
| Compensation of current officers, directors, key employees. | $419,477 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $284,816 |
| Payroll taxes | $252,132 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $34,635 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $347,997 |
| Travel | $6,171 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,870 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $180,867 |
| Insurance | $0 |
| All other expenses | $81,442 |
| Total functional expenses | $4,945,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $378,001 |
| Savings and temporary cash investments | $7,057 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $459,417 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $57,412 |
| Net Land, buildings, and equipment | $2,081,792 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $191,715 |
| Total assets | $3,175,394 |
| Accounts payable and accrued expenses | $290,449 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $290,449 |
| Net assets without donor restrictions | $2,884,945 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,175,394 |