DOWNTOWN FORT WORTH INC (EIN 751820114) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

ANDREW TAFT

Phone

8178701692

Tax Period

2023-10-01 to 2024-09-30

DOWNTOWN FORT WORTH INC, founded in 1981, is a community nonprofit that reported $6.0M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

DOWNTOWN FORT WORTH, INC. WAS ESTABLISHED TO FOSTER, PROMOTE, MAINTAIN AND ENCOURAGE THE CIVIC, SOCIAL, AND GENERAL WELFARE OF THE CITY OF FORT WORTH THROUGH THE ENCOURAGEMENT AND PROMOTION OF BETTER BUSINESS AND LIVING CONDITIONS IN DOWNTOWN FORT WORTH.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $94,719

Program Service Revenue $4,696,517

Investment Income $21,191

Other Revenue $1,159,696

TOTAL REVENUE $5,972,123

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,477,297

Fundraising Expenses $0

Other Expenses $4,489,468

TOTAL EXPENSES $5,966,765

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,972,123	$4,971,189	+0.2%
Expenses	$5,966,765	$4,971,184	+0.2%
Net Income	$5,358	$5	+1070.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$649,318

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUSTY ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD ANDERSKI	DIRECTOR	1.00	Director	$0	$0	$0
LARRY ANFIN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN AVILA	DIRECTOR	1.00	Director	$0	$0	$0
LORI BALDOCK	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT M BASS	DIRECTOR	1.00	Director	$0	$0	$0
RICK BAUMEISTER	DIRECTOR	1.00	Director	$0	$0	$0
SHANNON BEARDEN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL BENNETT	CHAIR	1.00	Officer Director	$0	$0	$0
LAURA BIRD	DIRECTOR	1.00	Director	$0	$0	$0
BRANDON BLEDSOE	DIRECTOR	1.00	Director	$0	$0	$0
HENRY BORBOLLA	DIRECTOR	1.00	Director	$0	$0	$0
BRANDON BREWER	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY B BURKE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID CAMPBELL	DIRECTOR	1.00	Director	$0	$0	$0
JOHNNY CAMPBELL	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD CASAREZ	DIRECTOR	1.00	Director	$0	$0	$0
JACK CLARK	DIRECTOR	1.00	Director	$0	$0	$0
STEVE COFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN COLTHARP	DIRECTOR	1.00	Director	$0	$0	$0
DAVID CORREA	DIRECTOR	1.00	Director	$0	$0	$0
MARY MARGARET DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
DOUG ELLER	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE FULWILER	DIRECTOR	1.00	Director	$0	$0	$0
CHAD GARTNER	DIRECTOR	1.00	Director	$0	$0	$0
REID GOETZ	DIRECTOR	1.00	Director	$0	$0	$0
STEVE HAMBRICK	SECRETARY	1.00	Officer Director	$0	$0	$0
MATT HANTELMAN	DIRECTOR	1.00	Director	$0	$0	$0
DREW HAYDEN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL HILTABIDEL	DIRECTOR	1.00	Director	$0	$0	$0
STACY HOLLINGSWORTH	DIRECTOR	1.00	Director	$0	$0	$0
JACK HUFF	DIRECTOR	1.00	Director	$0	$0	$0
ADAM JONES	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEE JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
WHIT KELLY	DIRECTOR	1.00	Director	$0	$0	$0
DIONE KENNEDY	DIRECTOR	1.00	Director	$0	$0	$0
RONNY KORB	DIRECTOR	1.00	Director	$0	$0	$0
WALTER LITTLEJOHN	DIRECTOR	1.00	Director	$0	$0	$0
STEVE LOMBARDI	DIRECTOR	1.00	Director	$0	$0	$0
DR SEAN MADISON	DIRECTOR	1.00	Director	$0	$0	$0
VARUN MALLIPADDI	DIRECTOR	1.00	Director	$0	$0	$0
PATI MEADOWS	DIRECTOR	1.00	Director	$0	$0	$0
JACK MILLER	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES MILLIKEN	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN NEWBY	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL PAVELL	DIRECTOR	1.00	Director	$0	$0	$0
NINA PETTY	DIRECTOR	1.00	Director	$0	$0	$0
SIERRA QUINONEZ	DIRECTOR	1.00	Director	$0	$0	$0
AMBER FINLEY REYNOLDS	DIRECTOR	1.00	Director	$0	$0	$0
KYLE RILEY	DIRECTOR	1.00	Director	$0	$0	$0
BOB SEMPLE	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN SHELLEY	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY SMITH	DIRECTOR	1.00	Director	$0	$0	$0
SONNY SRA	DIRECTOR	1.00	Director	$0	$0	$0
GLORIA STARLING	DIRECTOR	1.00	Director	$0	$0	$0
JERRY THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
COURTNEY TOWNSON	DIRECTOR	1.00	Director	$0	$0	$0
TRAVIS TURNER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN VALLANCE	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN WALSH	DIRECTOR	1.00	Director	$0	$0	$0
JARRATT WATKINS	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD WATTERS	DIRECTOR	1.00	Director	$0	$0	$0
SUZANNE WESTRUM	DIRECTOR	1.00	Director	$0	$0	$0
JANAE WILLIS-BEARD	DIRECTOR	1.00	Director	$0	$0	$0
BUZZ LO BRIGHTBILL III	DIRECTOR	1.00	Director	$0	$0	$0
ALLAN HOWETH	DIRECTOR	1.00	Director	$0	$0	$0
TERRENCE J RYAN	DIRECTOR	1.00	Director	$0	$0	$0
GREG UPP	DIRECTOR	1.00	Director	$0	$0	$0
MAE FERGUSON	DIRECTOR	1.00	Director	$0	$0	$0
ANETTE LANDEROS	DIRECTOR	1.00	Director	$0	$0	$0
MARIE DOC HOLLIDAY	DIRECTOR	1.00	Director	$0	$0	$0
BOB JAMESON	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE LYNN	DIRECTOR	1.00	Director	$0	$0	$0
STACY MARSHALL	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL BRENNAN	DIRECTOR	1.00	Director	$0	$0	$0
CARLOS DE LA TORRE	DIRECTOR	1.00	Officer Director	$0	$0	$0
STEVE MONTGOMERY	DIRECTOR	1.00	Officer Director	$0	$0	$0
EDDIE BROUSSARD	DIRECTOR	1.00	Director	$0	$0	$0
MIKE BROWN	DIRECTOR	1.00	Director	$0	$0	$0
GARY CUBIE	DIRECTOR	1.00	Director	$0	$0	$0
ANDY TAFT	PRESIDENT	10.00	Officer	$435,644	$73,221	$508,865
BRANDI ERVIN	CONTROLLER	10.00	Officer	$111,180	$29,273	$140,453
MELISSA KNOUR	DIRECTOR OF PLANNING	10.00	Highest	$115,101	$29,391	$144,492
MATTHEW BEARD	DIRECTOR OF PUBLIC IMPROVEMENT DISTRICT	10.00	Highest	$108,351	$29,009	$137,360
REBECCA FETTY	DIRECTOR OF MARKETING & MEMBERSHIP	10.00	Highest	$104,880	$27,648	$132,528

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	$5,972,123	$5,966,765	$2,358,592	$5,358
2023	$4,971,189	$4,971,184	$3,521,686	$5
2022	$4,903,912	$4,780,152	$1,918,357	$123,760
2021	$9,582,702	$9,395,460	$1,699,002	$187,242
2020	$12,572,454	$12,622,162	$1,617,916	$-49,708
2019	$5,658,554	$5,630,175	$1,540,948	$28,379
2018	$5,738,662	$5,717,525	$1,812,410	$21,137

DOWNTOWN FORT WORTH INC