FORT WORTH PROMOTION AND DEVELOPMENT FUN (EIN 752567786) - Form 990 Financial Analysis & Trantor Score

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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

1994

Legal Domicile

Principal Officer

MATTIE PARKER

Phone

8174801060

Tax Period

2024-10-01 to 2025-09-30

FORT WORTH PROMOTION AND DEVELOPMENT FUN, founded in 1994, is a small nonprofit in the Community Improvement sector that reported $330K in total revenue in fiscal year 2024. Revenue surged 453% from the prior year, signaling strong growth momentum. The organization ran a surplus of $145K, a strong 44% operating margin.

Mission

THE ORGANIZATION'S PURPOSE IS TO SUPPORT ACTIVITIES WHICH PROMOTE THE CITY OF FORT WORTH.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $15,177

Other Revenue $315,090

TOTAL REVENUE $330,267

Expense Breakdown

Grants Paid $138,374

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $142,846

Other Expenses $47,203

TOTAL EXPENSES $185,577

Year-over-Year Comparison

	2024	2023	Change
Revenue	$330,267	$59,723	+4.5%
Expenses	$185,577	$191,098	0.0%
Net Income	$144,690	$-131,375	-2.1%

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

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTIE PARKER	PRESIDENT	2.00	Officer Director	$0	$0	$0
BRENDA KOSTOHRYZ	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD CASAREZ	DIRECTOR	1.00	Director	$0	$0	$0
DAN HANSEN	DIRECTOR	1.00	Director	$0	$0	$0
ERIC FOX	DIRECTOR	1.00	Director	$0	$0	$0
BOB JAMESON	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD ROBY	DIRECTOR	1.00	Director	$0	$0	$0
WESLEY TURNER	DIRECTOR	1.00	Director	$0	$0	$0
RUSTY ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
KADEE COFFMAN BLAIR	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY FREER	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL NAVEJAR PHILLIPS	DIRECTOR	1.00	Director	$0	$0	$0
NATALIE WILKINS	DIRECTOR	1.00	Director	$0	$0	$0
MONIQUE WINFREE	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	$330,267	$185,577	$1,080,831	$144,690
2024	$59,723	$191,098	$1,012,485	$-131,375
2023	$283,319	$184,332	$1,073,082	$98,987
2022	$6,417	$129,194	$1,040,392	$-122,777
2021	$503,244	$324,226	$807,663	$179,018
2020	$1,821	$397,203	$669,904	$-395,382
2019	$299,787	$310,580	$1,030,201	$-10,793
2018	$495,051	$454,944	$1,041,112	$40,107

FORT WORTH PROMOTION AND DEVELOPMENT FUN