Event Facilities Fort Worth Inc
98% goes to programs $0 to raise $100 Thin reserves Growing revenue
Event Facilities Fort Worth Inc is a 501(c)(3) organization based in Fort Worth, Texas, registered in 2002, with $6,892,185 in FY2024 revenue. CharityIndex grades it C, and it directs about 98% of spending to programs.
Po Box 150, Fort Worth, TX, 76101 EIN 26-0011624 Since 2002
Revenue (FY2024)
$6.9M
▼ 27.3% vs prior year
Youth median: $163K
Expenses (FY2024)
$4.3M
Net assets
-$33.9M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
C+Program efficiency40% of the rating98% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Event Facilities Fort Worth Inc: 98% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · +38% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Event Facilities Fort Worth Inc: 0 mo reserves · +38% margin earns a F on this criterion. See the exact thresholds →
DGovernance25% of the rating1 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Event Facilities Fort Worth Inc: 1 of 6 checks met earns a D on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Event Facilities Fort Worth Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o.to support the activities of the southwestern exposition and livestock show, an educational and scientific organization.
Contact & location
- Address
- Po Box 150, Fort Worth, TX, 76101
- City
- Fort Worth
- State
- Texas
- Category
- Youth Development
- Subcategory
- Youth Development Programs
- Phone
- …
- Website
- …
Financial trends
Revenue grew from -$119K (FY2013) to $6.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $92.4MNet assets -$33.9M
Operating margin
37.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$58.4M
Total liabilities
$92.4M
Net assets
-$33.9M
Salaries & benefits
$0
0% of expenses
Board members
4
1 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,892,185▼27.3% | $4,279,999▼0.1% | -$33,948,841▲6.7% | $58,421,728▲1.2% | 990 |
| 2023 | $9,477,598▲180% | $4,283,021▼0.7% | -$36,389,004▲13.1% | $57,733,667▲10.5% | 990 |
| 2022 | $3,389,617▲408% | $4,311,433▼14.4% | -$41,881,202▼2.8% | $52,225,892▼8.2% | 990 |
| 2021 | $667,519▼31.5% | $5,038,791▼99.1% | -$40,743,899▼13.1% | $56,896,303▼10.9% | 990 |
| 2020 | $974,304▼98.3% | $558,908,834▲16309% | -$36,021,176▼107% | $63,879,288▼89.8% | 990 |
| 2019 | $57,891,571▼47.0% | $3,406,056▲46.9% | $521,913,354▲11.7% | $626,558,835▲10.8% | 990 |
| 2018 | $109,224,716▼59.1% | $2,318,306▲0.4% | $467,427,840▲29.7% | $565,495,239▲23.7% | 990 |
| 2017 | $267,137,207▲21986701% | $2,309,008▼3.1% | $360,521,430▲430% | $456,967,928▲216% | 990 |
| 2016 | -$1,215▼100% | $2,382,510▼23.5% | $68,005,854▼3.4% | $144,420,407▲62.0% | 990 |
| 2015 | $30,735,310▲135435% | $3,113,114▲32.8% | $70,411,794▼0.1% | $89,146,830▲23.7% | 990 |
| 2014 | $22,677▲119% | $2,343,575▲11.0% | $70,483,268▼3.2% | $72,051,853▼1.4% | 990 |
| 2013 | -$118,527 | $2,110,633▼28.5% | $72,804,285▼3.0% | $73,076,705▼5.9% | 990 |
| 2012 | — | $2,950,400▲338% | $75,033,995▼3.9% | $77,639,413▼3.9% | 990 |
| 2011 | — | $674,011 | $78,106,291 | $80,814,984 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bradford S Barnes | Chairman of the Board | 0.4 | — |
| Dana Stayton | Secretary | 0.5 | — |
| Dee Kelly Jr | Director | 0.4 | — |
| Edward P Bass | Director | 0.4 | — |
| Kimberly Dewoody | Treasurer | 0.5 | — |
| Matthew R Carter | President | 0.5 | — |
| Philip Williamson | Director | 0.4 | — |
Top vendors & contractors (FY2021)
| Contractor | Services | Paid |
|---|---|---|
| Kelly Hart & Hallman | Legal Services | $125,193 |
Grants received · $3.9M total
8 grants to Event Facilities Fort Worth Inc totaling $3.9M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Sports and recreation | 2024 | $400,000 |
| National Christian Charitable Foundation | Support | 2023 | $300,000 |
| National Christian Charitable Foundation | Support | 2022 | $200,000 |
| National Christian Charitable Foundation | Support | 2022 | $200,000 |
| National Christian Charitable Foundation | Support | 2020 | $200,000 |
| National Christian Charitable Foundation | Support | 2019 | $350,000 |
| National Christian Charitable Foundation | Support | 2018 | $2,100,000 |
| Donor Advised Charitable Giving | Human services | 2018 | $100,000 |
Grants made · $1.1B in FY2020
2 grants totaling $1.1B in FY2020. All grants made by Event Facilities Fort Worth Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| City of Fort Worth Texas | Provide facilities to the southwestern exposition and livestock show, an annual event that promotes agricultural sciences to approximately 1,000,000 people | $554,336,089 |
| City of Fort Worth Texas | Provide facilities to the southwestern exposition and livestock show, an annual event that promotes agricultural sciences to approximately 1,000,000 people | $554,336,089 |
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Frequently asked questions
- Is Event Facilities Fort Worth Inc a legitimate nonprofit?
- Yes. Event Facilities Fort Worth Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-0011624, based in Fort Worth, Texas. Donations are tax-deductible.
- What is Event Facilities Fort Worth Inc's EIN?
- Event Facilities Fort Worth Inc's Employer Identification Number (EIN) is 26-0011624.
- How much revenue does Event Facilities Fort Worth Inc report?
- Event Facilities Fort Worth Inc reported $6,892,185 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Event Facilities Fort Worth Inc's spending goes to programs?
- Event Facilities Fort Worth Inc spends about 98% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Event Facilities Fort Worth Inc have?
- CharityIndex grades Event Facilities Fort Worth Inc C, based on program efficiency and fundraising cost.
- How much does Event Facilities Fort Worth Inc's highest-paid employee make?
- The highest reported compensation on Event Facilities Fort Worth Inc's latest Form 990 is $0, paid to Bradford S Barnes (Chairman of the Board).
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Data for Event Facilities Fort Worth Inc (EIN 26-0011624) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.