FORT WORTH BUILDING OWNERS AND MANAGERS ASSOCIATION

EIN: 751187860

FORT WORTH, TX

Total Revenue
$363,784
Total Expenses
$362,650
Total Assets
$288,572
Net Assets
$288,009
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1936
Legal Domicile
TX
Principal Officer
STACY HOLLINGSWORTH
Phone
8173362662
Tax Period
2024-10-01 to 2025-09-30

FORT WORTH BUILDING OWNERS AND MANAGERS ASSOCIATION, founded in 1936, is a small nonprofit that reported $364K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO SERVE OUR BUSINESS LEAGUE OF BUILDING OWNERS AND MANAGERS.

Program Service Accomplishments

Program 1

BUSINESS LEAGUE OF BUILDING OWNERS AND MANAGERS IN THE FORT WORTH AREA WHICH HAVE MONTHLY MEETINGS AND PERIODIC EVENTS DURING THE YEAR. TOTAL MEMBERSHIP IS APPROXIMATELY 240 INDIVIDUALS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $252,949
Program Service Revenue $43,365
Investment Income $2,835
Other Revenue $64,635
TOTAL REVENUE $363,784

Expense Breakdown

Grants Paid $0
Salaries & Benefits $123,378
Fundraising Expenses $0
Other Expenses $239,272
TOTAL EXPENSES $362,650

Year-over-Year Comparison

2024 2023 Change
Revenue $363,784 $328,707 +0.1%
Expenses $362,650 $308,330 +0.2%
Net Income $1,134 $20,377 -0.9%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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
13
Independent Members
12
Employees
1
Volunteers
45

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
5
$111,196
Total Directors
13
$111,196
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELLE LYNN EXECUTIVE DIRECTOR 40.00
Officer Director
$107,446 $3,750 $111,196
KELLIE MAYHEW PRESIDENT 2.00
Officer Director
$0 $0 $0
STACY HOLLINGSWORTH VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
KIM LAW SECRETARY/TREASURER 2.00
Officer Director
$0 $0 $0
ANDREW DOOLEY IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVID ALDRICH ADVISORY 1.00
Director
$0 $0 $0
JOHNNY CAMPBELL ADVISORY 1.00
Director
$0 $0 $0
JACK CLARK ADVISORY 1.00
Director
$0 $0 $0
LINDSEY DUNN DIRECTOR 1.00
Director
$0 $0 $0
LANE JOHNSTON DIRECTOR 1.00
Director
$0 $0 $0
GREG WINGATE DIRECTOR 1.00
Director
$0 $0 $0
ANDREA SACCOMANNO IMMEDIATE PAST ALLIED DIRECTOR 1.00
Director
$0 $0 $0
TRACI PALS ALLIED DIRECTOR 1.00
Director
$0 $0 $0
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
2025 $363,784 $362,650 $288,572 $1,134
2024 $328,707 $308,330 $286,843 $20,377
2023 $328,049 $302,923 $248,286 $25,126
2022 $299,074 $282,730 $228,491 $16,344
2021 $254,633 $241,700 $230,481 $12,933
2020 $241,035 $242,302 $216,507 $-1,267
2019 $244,230 $247,421 $209,628 $-3,191
2018 $228,145 $233,274 $218,659 $-5,129
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