Nonprofit screen
Screen a listDevelopment Corporation of Tarrant County Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$2.6Mrevenue
FY2024 · +182% in 3 yrs3staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−20.5%
Months of reserve18.3mo
Revenue growth (annualized)+31.3%
Middle half of peersMedianDevelopment Corporation of Tarrant County
Where the money goes FY2024 · $3.2M spent
Programs$2.6M83%Management and general$552k17%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$302k in FY2023 and −$542k in FY2024. Cash covers 18.3 months, above the peer median of 4.4.
990 Part I and balance sheetIn its favor3
Strong governance
8 of 8 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 31% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 6 of its 6 returns, 14% of revenue in FY2024.
990 Part VIII4funders
$65a year, last 3 years
100%from its largest funder
Funder’17’18’19’20’21’22’23BBVA FoundationOn and off$75kArlington Tomorrow FoundationOn and off$66kDonor-advised giftsDonors not disclosed$15k$67$65$64
FundedThrough a donor-advised fund