North Texas Fwc Organizing Committee

Nonprofit profile at a glance

EIN
934608826
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-N 2023
Location
Dallas, TX, USA
Phone
9724007220
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$3,500,000
Expenses
$475,204
Assets
$3,024,796
Liabilities
$0

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

Leadership & pay

9 people listed

Executive titles in this filing

  • MONICA PAUL (PRESIDENT)

People named in this filing

  • MONICA PAUL (PRESIDENT)
  • DAN HUNT (CO-CHAIR)
  • NINA VACA (CO-CHAIR)

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

The organization assists the organization, administration, management, promotion, and operation of hosting the 2026 federation internationale de football association (fifa) world cup and related events in north Texas. The organization promotes the collective business interests of the region by fostering economic development, enhancing community well-being, and supporting legacy, sustainability, and human rights initiatives in alignment with fifa's host city obligations.

What it reported doing in 2024

Tournament operations: with the tournament on the horizon, 2024 marked a pivotal year to advance preparedness ahead of the 2026 fifa world cup by coordinating venue readiness, public safety planning, and accommodations. Venues: evaluated 16 training sites, conducted joint site visits with fifa, and secured commitments from host cities, resulting in 6 team base camps and 2 training sites shortlisted for fifa selection. Security: established a regional safety framework with 25+ agencies, formed 11 expert planning teams, and completed an evaluation and estimation of north Texas public safety costs to facilitate a coordinated host city request for federal safety funding. Delivered all fifa-required plans and briefings on schedule. Accommodations: collaborated with fifa to finalize core hotel contracts, rates, and reservation periods. Advanced negotiations and site visits for ibc/hq and extended fifa group hotels, while sourcing options for commercial affiliates. Supported world broadcaster meeting planning by securing hotels, venues, and regional partner engagement. Delivered stakeholder presentations, including at the expedia partner forum, and conducted extensive site visits for vip, team services, ibc, and media accommodations. These efforts strengthened north Texas's operational readiness and supported the region's commitment to fifa's host city obligations.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

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 few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 20
  • Transparency & Controls: 65
  • Accountability: 76
  • Sustainability: 94
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 4.6%; rating input score 5
  • Program expense ratio: 33.9%; rating input score 34
  • Fundraising efficiency: $15.89 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • 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; 63rd 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: 86.4%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 6.37; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

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

Details

  • Where the money goes: 4.6% of revenue deployed · 33.9% of spending went to programs
  • Governance: 7 of 7 board members independent · 3 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $161K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $135K reported
  • Consistency: 21 of 21 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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 5/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 34/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 53/100.