FORT WORTH SOUTH INC (EIN 752640191) - 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

1996

Legal Domicile

Principal Officer

Michael Brennan

Phone

8179231649

Tax Period

2023-01-01 to 2023-12-31

FORT WORTH SOUTH INC, founded in 1996, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 58% from the prior year — a significant decline worth monitoring.

Mission

Implementation of a strategic plan for revitalization of Fort Worth's Near Southside as a vibrant urban, mixed-use neighborhood.

🔒

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 $346,401

Program Service Revenue $1,041,527

Investment Income $12,165

Other Revenue $0

TOTAL REVENUE $1,400,093

Expense Breakdown

Grants Paid $0

Salaries & Benefits $620,809

Fundraising Expenses $0

Program Expenses $1,049,139

Other Expenses $826,199

TOTAL EXPENSES $1,447,008

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,400,093	$3,324,230	-0.6%
Expenses	$1,447,008	$3,287,580	-0.6%
Net Income	$-46,915	$36,650	-2.3%

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

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

$150,893

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Brennan	President	35	Officer	$141,050	$9,843	$150,893
Richard Cervenka	Director	1	Director	$0	$0	$0
Bruce Davis	Director	1	Director	$0	$0	$0
Marty Englander	Director	1	Director	$0	$0	$0
Colleen Fischer	Director	1	Director	$0	$0	$0
Mike Fisher	Director	1	Director	$0	$0	$0
Jeff Guinn	Director	1	Director	$0	$0	$0
Jennifer Henderson	Director	1	Director	$0	$0	$0
Tina Howard	Director	1	Director	$0	$0	$0
Nicole Hunter	Director	1	Director	$0	$0	$0
Ginger Johnson	Director	1	Director	$0	$0	$0
Mark Lucas Kelly	Director	1	Director	$0	$0	$0
Tareka Lofton	Director	1	Director	$0	$0	$0
Charlie Powell	Director	1.00	Director	$0	$0	$0
Ryon Price	Director	1	Director	$0	$0	$0
Jake Richter	Director	1	Director	$0	$0	$0
Ken Schaefer	Secretary	2	Officer Director	$0	$0	$0
Amanda Schulte	Director	1	Director	$0	$0	$0
Spencer Seals	Director	1	Director	$0	$0	$0
William Seegel	Director	1	Director	$0	$0	$0
Brent Sparks	Director	1	Director	$0	$0	$0
Jason Williamson	Director	1	Director	$0	$0	$0
Chad Kerr	Director	1	Director	$0	$0	$0
Shelby Anderson	Director	1	Director	$0	$0	$0
Katrina Carpenter	Director	1	Director	$0	$0	$0
Meredith Flores	Director	1	Director	$0	$0	$0
Bobby Grigsby	Director	1	Director	$0	$0	$0
Will Northern	Director	1	Director	$0	$0	$0
Samantha Renz	Director	1	Director	$0	$0	$0
Jerod Rankin	Director	1	Director	$0	$0	$0
Norma Salinas	Director	1	Director	$0	$0	$0
Shawn Tubre	Director	1	Director	$0	$0	$0
Corey Wilson	Director	1	Director	$0	$0	$0
Jack Clark	Treasurer	2	Officer Director	$0	$0	$0
Michael Sanborn	Vice Chair	2	Officer Director	$0	$0	$0
Chuck Bouligny	Chair	2	Officer Director	$0	$0	$0
Joaquin Anon Suarez	Director	1	Director	$0	$0	$0
Judy Bernas	Director	1	Director	$0	$0	$0
Jerome Embry	Director	1	Director	$0	$0	$0
Rian Maguire	Director	1	Director	$0	$0	$0
Brandon Purty	Director	1	Director	$0	$0	$0
Erika Ramos	Director	1	Director	$0	$0	$0
Arthur Santa-Maria	Director	1	Director	$0	$0	$0
Amy Thanpaisarnsamut	Director	1	Director	$0	$0	$0
Lexington Wright	Director	1	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	No data	No data	No data	No data
2023	$1,400,093	$1,447,008	$876,194	$-46,915
2022	$3,324,230	$3,287,580	$908,550	$36,650
2021	$1,913,143	$1,783,789	$860,900	$129,354
2020	$5,064,354	$5,029,135	$731,645	$35,219

FORT WORTH SOUTH INC