GRAPEVINE TOWNSHIP REVITALIZATION PROJECT INC

EIN: 752660720 501(c)(3) Arts, Culture & Humanities

GRAPEVINE, TX

Total Revenue
$42,908
Total Expenses
$80,280
Total Assets
$401,567
Net Assets
$400,992
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
TX
Principal Officer
P W MCCALLUM
Phone
8174103197
Tax Period
2024-10-01 to 2025-09-30

GRAPEVINE TOWNSHIP REVITALIZATION PROJECT INC, founded in 1996, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $43K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $80K exceeded revenue, resulting in a 87% operating deficit.

Mission

TO PRESERVE THE CULTURAL HERITAGE OF THE ORIGINAL TOWNSHIP OF THE CITY OF GRAPEVINE THROUGH PRESERVATION, RESTORATION, REHABILITATION, AND/OR RECONSTRUCTION OF HISTORIC HOMES IN THE ORIGINAL TOWNSHIP.

Program Service Accomplishments

Program 1
Expenses: $20,629

MATCHING GRANT PROGRAM:GRANTS FOR EXTERIOR REVITALIZATION OF THE HISTORIC HOMES WITHIN THE TOWNSHIP ARE AVAILABLE ON A 2 TO 1 MATCHING BASIS UP TO $10,000 FOR OWNER-OCCUPIED HOUSES AND ON A 1 TO 1...

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MATCHING GRANT PROGRAM:GRANTS FOR EXTERIOR REVITALIZATION OF THE HISTORIC HOMES WITHIN THE TOWNSHIP ARE AVAILABLE ON A 2 TO 1 MATCHING BASIS UP TO $10,000 FOR OWNER-OCCUPIED HOUSES AND ON A 1 TO 1 MATCHING BASIS FOR RESIDENTIAL RENTAL HOUSES. DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2025, THE ORGANIZATION AWARDED FOUR OWNER OCCUPIED HOUSING GRANTS. NO RESIDENTIAL RENTAL GRANTS WERE AWARDED DURING THIS FISCAL YEAR.

Program 2

REHABILITATION PROGRAM:THROUGH THE REHABILITATION PROGRAM, THE ORGANIZATION WILL ACCEPT THE DONATION OF A HISTORIC HOUSE (THAT IS OTHERWISE IN DANGER OF DEMOLITION), RELOCATE THE HOUSE WITHIN THE...

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REHABILITATION PROGRAM:THROUGH THE REHABILITATION PROGRAM, THE ORGANIZATION WILL ACCEPT THE DONATION OF A HISTORIC HOUSE (THAT IS OTHERWISE IN DANGER OF DEMOLITION), RELOCATE THE HOUSE WITHIN THE BOUNDARIES OF THE TOWNSHIP, REHABILITATE THE HOUSE AND MAKE IT AVAILABLE FOR SALE AS A RESIDENCE. DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2025, NO HOUSES WERE REHABILITATED OR SOLD.

Program 3
Expenses: $59,076

JOINT REHABILITATION PROGRAM: THE ORGANIZATION HAS JOINED WITH SEVERAL OTHER NONPROFIT ORGANIZATIONS TO PRESERVE AND PROMOTE THE HISTORY OF THE CITY OF GRAPEVINE. DURING 2025, THE ORGANIZATION PAID...

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JOINT REHABILITATION PROGRAM: THE ORGANIZATION HAS JOINED WITH SEVERAL OTHER NONPROFIT ORGANIZATIONS TO PRESERVE AND PROMOTE THE HISTORY OF THE CITY OF GRAPEVINE. DURING 2025, THE ORGANIZATION PAID FOR THE RELOCATION OF TWO HISTORIC HOMES (THAT WERE OTHERWISE IN DANGER OF DEMOLITION), WITHIN THE BOUNDARIES OF THE TOWNSHIP. THESE HOMES WILL BE REPURPOSED TO SHARE THE LIVING HISTORY STORY OF GRAPEVINE. THE REHABILITATIONS WILL BE A COLLABORATIVE EFFORT OF SEVERAL LOCAL ORGANIZATIONS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $25,000
Program Service Revenue $0
Investment Income $17,908
Other Revenue $0
TOTAL REVENUE $42,908

Expense Breakdown

Grants Paid $20,629
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $79,705
Other Expenses $59,651
TOTAL EXPENSES $80,280

Year-over-Year Comparison

2024 2023 Change
Revenue $42,908 $45,262 -0.1%
Expenses $80,280 $29,618 +1.7%
Net Income $-37,372 $15,644 -3.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
3
Independent Members
3
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUNO RUMBELOW PRESIDENT 0.25
Officer Director
$0 $0 $0
PAUL W MCCALLUM SECRETARY 0.25
Officer Director
$0 $0 $0
LARRY GRAY DIRECTOR 0.25
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 $42,908 $80,280 $401,567 $-37,372
2024 $45,262 $29,618 $439,059 $15,644
2023 $41,753 $37,895 $447,720 $3,858
2022 $22,855 $775 $418,862 $22,080
2021 $99,169 $21,500 $416,782 $77,669
2020 $45,468 $37,690 $374,965 $7,778
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