THE DALLAS EC

EIN: 462835130 501(c)(3) Unknown

DALLAS, TX

Total Revenue
$2,442,635
Total Expenses
$2,425,186
Total Assets
$906,480
Net Assets
$210,298
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
TX
Principal Officer
WILLIAM J CHINN
Phone
2146591620
Tax Period
2023-01-01 to 2023-12-31

THE DALLAS EC, founded in 2013, is a community nonprofit in the Unknown sector that reported $2.4M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

THE PURPOSE OF THE DALLAS ENTREPRENEUR CENTER IS TO ENCOURAGE ECONOMIC DEVELOPMENT IN DALLAS BY ENCOURAGING AND EQUIPPING THE ENTREPRENEURIAL COMMUNITY TO BE ONE OF THE BEST STARTUP ECOSYSTEMS IN THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $1,906,283 Revenue: $145,924

PROVIDING OFFICES, COWORKING SPACES AND EQUIPMENT IN ORDER TO ENCOURGE AND EQUIP THE ENTRPREURIAL COMMUNITY TO START, BUILD AND GROW THEIR BUSINESSES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,391,880
Program Service Revenue $50,755
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,442,635

Expense Breakdown

Grants Paid $403,526
Salaries & Benefits $975,271
Fundraising Expenses $0
Program Expenses $1,906,283
Other Expenses $1,046,389
TOTAL EXPENSES $2,425,186

Year-over-Year Comparison

2023 2022 Change
Revenue $2,442,635 $2,165,533 +0.1%
Expenses $2,425,186 $2,297,712 +0.1%
Net Income $17,449 $-132,179 -1.1%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
30
Independent Members
30
Employees
16
Volunteers
534

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$196,744
Total Directors
28
$196,744
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM J CHINN CEO AND DIRECTOR 40.00
Officer Director
$196,173 $571 $196,744
CHRIS BOULT DIRECTOR 1.00
Director
$0 $0 $0
CHRIS GOLD DIRECTOR 1.00
Director
$0 $0 $0
CHRIS WILKES DIRECTOR 1.00
Director
$0 $0 $0
COURTNEY GETUM DIRECTOR 1.00
Director
$0 $0 $0
DAVID GILLAN DIRECTOR 1.00
Director
$0 $0 $0
DAVID WETHERINGTON DIRECTOR 1.00
Director
$0 $0 $0
DUANE DANKESREITER DIRECTOR 1.00
Director
$0 $0 $0
DYANA HOLZWORTH DIRECTOR 1.00
Director
$0 $0 $0
GENAI WALKER-MACKLIN DIRECTOR 1.00
Director
$0 $0 $0
GREG NEUBECKER DIRECTOR 1.00
Director
$0 $0 $0
JEFF LUPINACCI DIRECTOR 1.00
Director
$0 $0 $0
JORGE CORRAL DIRECTOR 1.00
Director
$0 $0 $0
KATE KLEYMEN DIRECTOR 1.00
Director
$0 $0 $0
LAMONT ROBINSON DIRECTOR 1.00
Director
$0 $0 $0
LLOYD S BOWLES III EXECUTIVE CHAIR 40.00
Officer Director
$0 $0 $0
MICHELLE RIDER DIRECTOR 1.00
Director
$0 $0 $0
MORGAN WATSON DIRECTOR 1.00
Director
$0 $0 $0
NARASIMHA RAJU NAGUBHAI DIRECTOR 1.00
Director
$0 $0 $0
NEHA KUNTE DIRECTOR 1.00
Director
$0 $0 $0
PAT PRIEST DIRECTOR 1.00
Director
$0 $0 $0
RANDY JOHANNECK DIRECTOR 1.00
Director
$0 $0 $0
R'KES STARLING DIRECTOR 1.00
Director
$0 $0 $0
SCOT LYDICK DIRECTOR 1.00
Director
$0 $0 $0
SEAN LOFGREN DIRECTOR 1.00
Director
$0 $0 $0
SUMMER WRIGHT DIRECTOR 1.00
Director
$0 $0 $0
TIM HILL DIRECTOR 1.00
Director
$0 $0 $0
TRACEY ALTMAN DIRECTOR & CHAIRMAN OF MKT 1.00
Director
$0 $0 $0
JENNIFER CONLEY SECRETARY 1.00
Officer
$0 $0 $0
LATARSHA D HEARNS KEY EMPLOYEE 40.00
Highest
$115,041 $0 $115,041
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $2,442,635 $2,425,186 $906,480 $17,449
2022 $2,165,533 $2,297,712 $992,235 $-132,179
2021 $1,532,887 $1,506,835 $882,716 $26,052
2020 $1,505,186 $1,263,719 $849,383 $241,467
2019 $1,191,429 $1,208,186 $563,488 $-16,757
2018 $903,592 $1,324,299 $155,993 $-420,707
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