Tarrant County Homeless Coalition

EIN: 752331643 501(c)(3) Human Services

Fort Worth, TX

Total Revenue
$5,137,934
Total Expenses
$5,680,143
Total Assets
$2,413,502
Net Assets
$2,121,598
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
TX
Principal Officer
LAUREN KING
Phone
8175093635
Tax Period
2024-01-01 to 2024-12-31

Tarrant County Homeless Coalition, founded in 1989, is a community nonprofit in the Human Services sector that reported $5.1M in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $5.7M exceeded revenue, resulting in a 11% operating deficit.

Mission

Tarrant County Homeless Coalition leads the community solution to homelessness in greater Tarrant and Parker counties by serving as a catalyst for community transformation.

Program Service Accomplishments

Program 1
Expenses: $2,728,997

Community Initiatives-Partnership Home works at the systems and policy level and specifically addresses homelessness and housing in Tarrant and Parker Counties. With this responsibility comes the...

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Community Initiatives-Partnership Home works at the systems and policy level and specifically addresses homelessness and housing in Tarrant and Parker Counties. With this responsibility comes the opportunity to manage a variety of community initiatives benefitting partner agencies providing direct services. Initiatives include administering community funds used to reimburse costs related to moving out of homelessness, providing grants to organizations serving families, and subcontracting state and federal funding to help shape homeless response in our community.

Program 2
Expenses: $1,316,060

Landlord Engagement-Landlord engagement works to increase access to safe, decent, and affordable housing for households exiting homelessness. This includes establishing and maintaining relationships...

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Landlord Engagement-Landlord engagement works to increase access to safe, decent, and affordable housing for households exiting homelessness. This includes establishing and maintaining relationships with local property owners and landlords who make housing units available, providing support to case managers, managing risk mitigation funds, and master leasing services. Landlord engagement also manages a database of affordable housing units available to people exiting homelessness.

Program 3
Expenses: $1,019,617 Revenue: $183,033

Homeless Management Information System-Partnership Home manages the Homeless Management Information System (HMIS) on behalf of the local Continuum of Care Board of Directors and has been appointed...

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Homeless Management Information System-Partnership Home manages the Homeless Management Information System (HMIS) on behalf of the local Continuum of Care Board of Directors and has been appointed the HMIS Administrator for our local Continuum of Care. HMIS is a web-based client and services database for 180 homeless housing and services programs which include over $50M in federal, state, and local funding annually. HMIS is used for data collection, grants management, data analysis, program monitoring and performance reporting to funders and the community. The HMIS enhances coordination of care by and between housing, supportive services, mental health, behavioral health, health care, and first responders.

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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 $4,927,782
Program Service Revenue $183,033
Investment Income $27,119
Other Revenue $0
TOTAL REVENUE $5,137,934

Expense Breakdown

Grants Paid $2,504,477
Salaries & Benefits $2,183,670
Fundraising Expenses $54,671
Program Expenses $5,064,674
Other Expenses $991,996
TOTAL EXPENSES $5,680,143

Year-over-Year Comparison

2024 2023 Change
Revenue $5,137,934 $7,907,695 -0.4%
Expenses $5,680,143 $5,473,901 +0.0%
Net Income $-542,209 $2,433,794 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
36
Volunteers
400

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
6
$222,087
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAUREN KING Executive Dir. 40.00
Officer
$125,580 $0 $125,580
SHANNON BARNES ASS. EXEC. DIR. 40.00
Officer
$96,507 $0 $96,507
LYN SCOTT Treasurer 1.00
Officer Director
$0 $0 $0
DR KAPRETA JOHNSON Secretary 1.00
Officer Director
$0 $0 $0
VICTORIA FARRAR-MEYERS VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
MARTI LAWRENCE MEMBER 1.00
Director
$0 $0 $0
DR NICHOLAS THOMPSON MEMBER 1.00
Director
$0 $0 $0
DEBORAH KRATKY MEMBER 1.00
Director
$0 $0 $0
KRYSTLE GANDHI Chairman 1.00
Officer Director
$0 $0 $0
DEVON ARMSTRONG MEMBER 1.00
Director
$0 $0 $0
JAY WHITE MEMBER 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
2024 $5,137,934 $5,680,143 $2,413,502 $-542,209
2023 $7,907,695 $5,473,901 $2,888,072 $2,433,794
2022 $3,668,529 $3,355,855 $504,633 $312,674
2021 $3,091,863 $3,392,215 $319,461 $-300,352
2020 $2,781,559 $2,764,661 $572,197 $16,898
2019 $2,185,820 $2,245,508 $656,234 $-59,688
2018 $1,793,365 $1,757,140 $453,754 $36,225
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