Cfa Society of Dallasfort Worth
Overview
Mission
Promotion of ethical practices
What it reported doing in 2024
The organization supports numerous fund raising events during the year to promote the CFA designation and to raise monies for organization use to expand educational programs. Eight educational events and five networking events were held during the fiscal year ended June 30, 2025. Attendance ranged from 18 to 340 individuals at these events.
Operating model
- Revenue model
- Earned-program. 95% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 237078748
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Headquarters
- Irving, TX, USA
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 26
- Transparency & Controls: 70
- Accountability: 63
- Sustainability: 60
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 26.5%; rating input score 27
- Program expense ratio: 33%; rating input score 33
- Fundraising efficiency: $0.01 raised per $1 spent on fundraising; rating input score 1; 1st percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 16%; rating input score 71; 71st percentile among comparable filings
- Operating reserve ratio: 1.39; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 37.1%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: -6.8% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 15th percentile among comparable filings
- Asset growth: 11.3% per year; rating input score 100; 62nd percentile among comparable filings
Details
- Where the money goes: 26.5% of revenue deployed · 33% of spending went to programs
- Governance: 15 of 15 board members independent · 1 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $190K in reported program spending
- Leadership: top reported pay $213K · 16 people listed · 1 of 6 pay-setting controls reported
- Consistency: 22 of 22 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 15 annual filings from 2010 to 2024
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.