OPERATION PROGRESS FORT WORTH (EIN 843130758) - 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

2019

Legal Domicile

Principal Officer

MYESHIA SMITH

Phone

2812221174

Tax Period

2024-07-01 to 2025-06-30

OPERATION PROGRESS FORT WORTH, founded in 2019, is a micro nonprofit in the Youth Development sector that reported $92K in total revenue in fiscal year 2024. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $222K exceeded revenue, resulting in a 142% operating deficit.

Mission

OPERATION PROGRESS FORT WORTH EMPOWERS UNDERSERVED YOUTH TO BECOME EDUCATED, ETHICAL AND PRODUCTIVE ADULTS WHO REACH THEIR FULL POTENTIAL AND POSITIVELY CONTRIBUTE TO SOCIETY. TO DO THIS, WE ARE COMMITTED TO SUPPORTING PARTICIPATING SCHOLARS FROM ELEMENTARY SCHOOL THROUGH COLLEGE WITH OUR COMPREHENSIVE PROGRAM CALLED THE FIVE PILLARS OF SUCCESS.

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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 $82,188

Program Service Revenue $0

Investment Income $9,607

Other Revenue $0

TOTAL REVENUE $91,795

Expense Breakdown

Grants Paid $25,057

Salaries & Benefits $115,176

Fundraising Expenses $35,161

Program Expenses $142,666

Other Expenses $81,547

TOTAL EXPENSES $221,780

Year-over-Year Comparison

	2024	2023	Change
Revenue	$91,795	$537,122	-0.8%
Expenses	$221,780	$168,750	+0.3%
Net Income	$-129,985	$368,372	-1.4%

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

Volunteers

100

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

$97,810

Total Directors

$97,810

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MYESHIA SMITH	EXECUTIVE DIRECTOR	40.00	Officer Director	$90,000	$7,810	$97,810
DR JOHNNY NHAN	BOARD PRESIDENT	0.75	Officer Director	$0	$0	$0
NEIL NOAKES	BOARD SECRETARY	0.75	Officer Director	$0	$0	$0
NATALIE STALMACH	BOARD TREASURER	2.50	Officer Director	$0	$0	$0
STEFANIE RICKS	BOARD MEMBER	0.75	Director	$0	$0	$0
RONNIE RENCHER	BOARD MEMBER	0.75	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	$91,795	$221,780	$335,220	$-129,985
2024	$537,122	$168,750	$465,006	$368,372
2023	$246,493	$181,184	$92,334	$65,309
2022	$62,601	$155,092	$27,025	$-92,491
2021	$39,396	$141,291	$119,516	$-101,895
2020	$225,087	$3,676	$221,411	$221,411

OPERATION PROGRESS FORT WORTH