FORT WORTH COLONIAL CHARITIES INC (FKA BFC COLONIAL INC) Charity Report

Public IRS 990 nonprofit record

FORT WORTH COLONIAL CHARITIES INC (FKA BFC COLONIAL INC)

EIN 46-3211083 · Unknown (Z99)

What they do

AT FORT WORTH COLONIAL CHARITIES, WE ARE DEDICATED to EMPOWERING THE NEXT GENERATION THROUGH INNOVATIVE EDUCATIONAL, ATHLETIC, and ENRICHMENT PROGRAMS SUPPORTED BY OUR INVESTMENT. WE BELIEVE IN FOSTERING NOT JUST SKILLS, BUT CONFIDENCE and TEAMWORK THROUGH SPORTS and ENRICHMENT ACTIVITIES.WE WILL PROVIDE IMPACTFUL and UNWAVERING SUPPORT to OUR MILITARY VETERANS SO THAT THE SACRIFICES of THOSE WHO HAVE SERVED OUR COUNTRY ARE HONORED THROUGH MEANINGFUL CONNECTIONS and RESOURCES WITH AN EMPHASIS ON IMPROVING THE VETERANS QUALITY of LIFE.TOGETHER, WE CAN NURTURE A LEGACY of COMPASSION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $59.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders3 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

54.72%of revenue went to mission work59.8% of expenses · Program services

32.56%of revenue went to fundraising35.6% of expenses

$97.14spent for every $100 of revenueRevenue covered expenses this year.

4.17%of revenue went to management and office costs4.6% of expenses

$0.96in assets for every $1 spent this yearSome assets cannot be spent right away.

52.3%of its money came from giftsOther money may come from services or investments.

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What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,140,733

Mission workProgram services$624,15654.72% of revenue59.8% of expenses

ManagementOffice and general costs$47,5764.17% of revenue4.6% of expenses

FundraisingAsking for donations$371,47332.56% of revenue35.6% of expenses

Revenue left after expensesReported annual surplus$97,5288.55% of revenueShown in gray on the chart

Total expenses$1,043,20591.45% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 59.8% mission · 4.6% management · 35.6% fundraisingTotal expenses: 91.45% of revenue

2023Expense mix: 57.6% mission · 2.4% management · 40.0% fundraisingTotal expenses: 127.27% of revenue

2022Expense mix: 91.2% mission · 3.7% management · 5.1% fundraisingTotal expenses: 49.62% of revenue

2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 107.69% of revenue

2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 62.85% of revenue

2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 132.84% of revenue

2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 159.51% of revenue

2016Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 123.52% of revenue

Money in and money out

Revenue$1,073,871

Expenses$1,043,205

Annual surplus $30,666 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$624,156 · 59.8% of expenses

Management and office costs$47,576 · 4.6% of expenses

Fundraising$371,473 · 35.6% of expenses

See all reported dollar amounts

Revenue$1,073,871

Expenses$1,043,205

Assets$996,397

Income$1,499,645

Contributions$561,160

Mission work (program services)$624,156

Fundraising$371,473

Grants given$2,900,911

Average grant$11,557

Management and general$47,576

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (3)

JAMES LEITO IIIVICE PRESIDENT AND TREASURER

ROBERT K HOODPRESIDENT

TIM BOSTICVICE PRESIDENT AND SECRETARY

About this charity

Recognized since: January 2014
Location: 3505 SAGECREST TER, FORT WORTH, TX 76109-2558
County: Tarrant
In care of: % WENDY TAYLOR
Primary officer: ROBERT HOOD, PRESIDENT

How to reach them

Phone(817) 927-4200

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CONDON OMEARA MCGINTY & DONNELLY LLP
NTEE classification: Unknown (Z99)
IRS tax category: Unknown
Grant-giving organization: Yes