Financial Executives - Fort Worth Chapter
Nonprofit profile at a glance
- EIN
- 237366342
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024
- Location
- Fort Worth, TX, USA
- Phone
- 8173665398
- Rating
- 46
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $162,576
- Expenses
- $188,362
- Assets
- $219,728
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- JOHN TITTLE (PRESIDENT)
- ROCHELLE JONES (PAST PRESIDENT/ARRANGEMENTS)
People named in this filing
- JOHN TITTLE (PRESIDENT)
- ROCHELLE JONES (PAST PRESIDENT/ARRANGEMENTS)
- MICHAEL MCCONATHY (SECRETARY/TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide networking and educational opportunities to senior financial executives in the fort worth and tarrant county areas.
What it reported doing in 2024
Hosting meetings with volunteer speakers from the business or regulatory communities, providing networking opportunities to membership.
Operating model
- Revenue model
- Donor-supported. 89% of the money available for current operations came from contributions and gifts.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 2
- Transparency & Controls: 100
- Sustainability: 35
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 3.1%; rating input score 3
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -15.9%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 1.17; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 5.2%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 10% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: -0.3% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: 3.5% per year; rating input score 100; 39th percentile among comparable filings
Details
- Where the money goes: 3.1% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 3/100.
- High — Sustainability: Operating margin scored 10/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 23/100.