Frankford Preservation Foundation

Nonprofit profile at a glance

EIN
464649597
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-N 2015
Location
Dallas, TX, USA
Phone
2147295203
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Environmental Quality, Protection, and Beautification N.E.C.
Affiliation
Christianity

Reported finances

Revenue
$74,644
Expenses
$102,757
Assets
$1,459,926
Liabilities
$4,134

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • KATHERINE POWER (PRESIDENT)
  • JEFF CUMMINGS (VICE PRESIDENT)

People named in this filing

  • KATHERINE POWER (PRESIDENT)
  • M'LISS VESTAL (TREASURER)
  • JEFF CUMMINGS (VICE PRESIDENT)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A historic nature preserve in the middle of the city of dallas, frankford preservation foundation conserves, protects and maintains its five-acre site. The site features a rare remnant of the blackland prairie once indigenous to the dallas area, indian springs, which provided pure water for shawnee trail travelers, and the historic frankford church. The frankford preservation foundation conducts charitable, educational, and cultural events including seasonal tours of its native prairie meadows to foster an awareness of the significance of the blackland prairie and early north Texas history.

What it reported doing in 2024

A historic nature preserve in the midst of the city of dallas, frankford preservation foundation protects and maintains a five-acre site that features a rare remnant of the blackland prairie once indigenous to the dallas area, indian springs, an everlasting spring, and the historic frankford church.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% 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 a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 47
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.1%; rating input score 86
  • Program expense ratio: 62.5%; rating input score 63
  • 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: Limited
  • Major donor itemization: Yes; rating input score 100
  • 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: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: -37.7%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 14.21; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 13.8% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: -22.8% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: 2.8% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 86.1% of revenue deployed · 62.5% of spending went to programs
  • Governance: 5 of 5 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $64K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 20 of 20 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: 1 filed related-organization link
  • 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 — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.