Funding Information Center of Fort Worth

Nonprofit profile at a glance

EIN
752415759
IRS 990-EZ coverage
2011–2012
Forms available
Form 990-EZ 2012
Location
Fort Worth, TX, USA
Phone
8173340228
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Nonprofit Management

Reported finances

Revenue
$167,651
Expenses
$179,196
Assets
$100,930

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

15 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See Schedule O

What it reported doing in 2012

Maintained and updated circulating library, free and open to all nonprofits and individuals, served more than 560 visitors in 2011 Library services include full-time research librarian and "ask the librarian" via FIC website, 600+ items relating to nonprofit funding and management, donor prospect software with 100,000 grantmaker records provided through agreement with the foundation center of New York. Provided free, ongoing consultation and support to non-profits and individuals on starting and managing nonprofit organnizations, grantwriting, board development, governance and regualtory compliance.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 100
  • Sustainability: 22
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.7%; rating input score 83
  • Program expense ratio: 77.4%; rating input score 77

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -6.9%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 0.56; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -6.4% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -14.5% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: -9.5% per year; rating input score 0; 22nd percentile among comparable filings

Details

  • Where the money goes: 82.7% of revenue deployed · 77.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $139K in reported program spending
  • Leadership: top reported pay $44K · 15 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2011 to 2012
  • 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 — Sustainability: Operating margin scored 19/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • High — Growth: Asset growth scored 0/100.