First Responders Benefit Trust

Nonprofit profile at a glance

EIN
815032624
IRS 990 coverage
2025–2025
Forms available
Form 990 2025, Form 990-N 2016
Location
Houston, TX, USA
Phone
8322003411
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Safety Benevolent Associations

Reported finances

Revenue
$1,443,735
Expenses
$569,852
Assets
$7,599,361
Liabilities
$40,768

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • JOSEPH DUNN (DIRECTOR)
  • DOUG GRIFFITH (DIRECTOR)
  • THOMAS HAYES (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Frbt is a wholly owned subsidiary of Texas police trust, a multiple employer trust established and maintained under irc 419a to provide benefits to members of eligible law enforcement and first responder organizations. Frbt is the entity through which eligible organizations enter into contribution agreements, on behalf of their members, to participate in the 419a trust, and which processes claims on behalf of Texas police trust.

What it reported doing in 2025

Frbt is a wholly owned subsidiary of a multiple employer trust established and maintained under irc 419a to provide benefits to members of eligible law enforcement and first responder organization. Frbt is the entity through which eligible organizations enter into contribution agreements, on behalf of their members, to participate in the 419a trust. Activities include administration functions for the multi employer trust along with related marketing, as well as donations that benefit members of the multi- employer trust.

Operating model

Revenue model
Earned-program. 83% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 84% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - 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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 47
  • Transparency & Controls: 93
  • Accountability: 76
  • Sustainability: 88
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 30.1%; rating input score 30
  • Program expense ratio: 91.5%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 60.5%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 13.34; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 30.1% of revenue deployed · 91.5% of spending went to programs
  • Governance: 4 of 4 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $522K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 26 of 26 current checks pass
  • Schedules: 4 filed schedules · includes grants
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 30/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.