FBWC RIO BEND

EIN: 831388793 Community Improvement

RICHMOND, TX

Total Revenue
$1,346,537
Total Expenses
$900,376
Total Assets
$11,722,114
Net Assets
$10,205,872
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
TX
Principal Officer
VITA GOODELL
Phone
2813445750
Tax Period
2024-01-01 to 2024-12-31

FBWC RIO BEND, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2024. Revenue fell 54% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $446K, a strong 33% operating margin.

Mission

FBWC RIO BEND IS FORMED WITH THE SPECIFIC PURPOSE OF HOLDING REAL PROPERTY ON BEHALF OF FORT BEND COUNTY WOMEN'S CENTER, A 501(C)(3) TAX EXEMPT ORGANIZATION WHOSE MISSION IS TO ASSIST SURVIVORS OF DOMESTIC VIOLENCE AND SEXUAL ASSAULT AND THEIR CHILDREN TO ACHIEVE SAFETY AND SELF-SUFFICIENCY, WHILE STRIVING TO PREVENT VIOLENCE AGAINST WOMEN.FBWC RIO BEND HOLDS REAL PROPERTY, "THE RIO BEND COMMUNITY," WHICH FURTHERS THE NON-PROFIT MISSION OF FORT BEND COUNTY WOMEN'S CENTER BY BEING THE SITE OF UP TO 38 HOUSING UNITS FOR SURVIVORS OF DOMESTIC VIOLENCE AND SEXUAL ASSAULT AND THEIR CHILDREN. THIS PROPERTY IS ALSO THE SITE OF FORT BEND COUNTY WOMEN'S CENTER'S SUPPORTIVE SERVICES OFFICES, FROM WHICH FORT BEND COUNTY WOMEN'S CENTER SERVES NOT ONLY THE RESIDENTS OF RIO BEND BUT ITS APPROXIMATELY 800 OTHER CLIENTS, INCLUDING CHILDREN.

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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 $777,555
Program Service Revenue $0
Investment Income $359
Other Revenue $568,623
TOTAL REVENUE $1,346,537

Expense Breakdown

Grants Paid $0
Salaries & Benefits $121,246
Fundraising Expenses $0
Other Expenses $779,130
TOTAL EXPENSES $900,376

Year-over-Year Comparison

2024 2023 Change
Revenue $1,346,537 $2,899,388 -0.5%
Expenses $900,376 $659,309 +0.4%
Net Income $446,161 $2,240,079 -0.8%
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

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Liquidity & Cash Position

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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
5
$276,839
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRYAN SPARKS PRESIDENT 1.00
Officer Director
$0 $0 $0
PHILIP DAVIS TREASURER 1.00
Officer Director
$0 $0 $0
STACEY KUITHE SECRETARY 1.00
Officer Director
$0 $0 $0
VITA GOODELL CHIEF EXECUTIVE OFFICER 1.00
Officer
$0 $0 $157,964
YASIR ASHRAF CHIEF FINANCIAL OFFICER 1.00
Officer
$0 $0 $118,875
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 $1,346,537 $900,376 $11,722,114 $446,161
2023 $2,899,388 $659,309 $10,410,762 $2,240,079
2022 $1,782,481 $536,735 $8,554,063 $1,245,746
2021 $522,184 $461,099 $7,681,305 $61,085
2020 $1,632,686 $423,472 $6,566,433 $1,209,214
2019 $356,962 $96,468 $5,303,587 $260,494
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