Prince Hall Charitable Foundation of Texas Inc

Nonprofit profile at a glance

EIN
760672213
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Fort Worth, TX, USA
Phone
8175349288
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$87,457
Expenses
$72,810
Assets
$216,207
Liabilities
$15,980

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

Leadership & pay

7 people listed

People named in this filing

  • Michael T Anderson (Director)
  • Willie H Coleman (Director)
  • Samuel Hobbs Jr (Director)

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

To provide educational assistance to college students and high school seniors who are bound for college. To provide assistance for underaged, non-privileged children.

What it reported doing in 2024

The Robert E Connor Jr. Youth Camp is held annually to focus on leadership development and training for school-aged students. This year's camp was held July 11-14,2024 at the Cathedral Oaks Retreat Center outside of Weimar, Texas. Activities at the 2024 camp included: 1. A mandatory CPS class for all the campers. 2. A field trip for 9th through 12th graders to Prairie View A & M University. 3. A STEM presentation by Alpha Lamda Lamda Graduate Chapter of Phi Beta Sigma Fraternity which included an activity on building solar cars, bridges and other mechanical devices. 4. A lecture on decision making, peer pressure, education and the judicial system. 5. A presentation on firefighting and emergency responses including the use of drones in emergency responses. 6. Other activities included movie night with snacks, a free throw shooting contest for all age divisions, and a hands-on SCUBA class with the opportunity to use equipment in a live setting. 7. Awards were issued during the closeout service. Camp included 54 young men and 15 staff members. Campers represented eleven different districts across Texas.

Operating model

Revenue model
Earned-program. 62% of the money available for current operations came from fees and other program revenue.
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 program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 100
  • Sustainability: 64
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 33.3%; rating input score 33
  • Program expense ratio: 45.8%; rating input score 46

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: 16.7%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 2.97; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 2.2% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 1.7% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 8% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 33.3% of revenue deployed · 45.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $33K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 33/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 46/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.