FORT WORTH SOUTH INC Charity Report

Public IRS 990 nonprofit record

FORT WORTH SOUTH INC

EIN 75-2640191 · Homeowners & Tenants Associations (L50)

What they do

Implementation of A Strategic Plan for Revitalization of Fort Worths Near Southside As A Vibrant Urban, Mixed-use Neighborhood.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $74.30 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 leaders45 people are listed in the latest report.

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

Money made simple

75.13%of revenue went to mission work74.3% of expenses · Program services

$101.11spent for every $100 of revenueSpending was higher than revenue this year.

25.98%of revenue went to management and office costs25.7% of expenses

$0.52in assets for every $1 spent this yearSome assets cannot be spent right away.

23.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
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.

Worth asking: Expenses exceeded revenue by $18,438 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $179,050 for MICHAEL BRENNAN (PRESIDENT). Compare pay with organizations of similar size and complexity.

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$1,653,665

Mission workProgram services$1,242,46275.13% of revenue74.3% of expenses

ManagementOffice and general costs$429,64125.98% of revenue25.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$1,672,103101.11% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 74.3% mission · 25.7% management · 0.0% fundraisingTotal expenses: 101.11% of revenue

2023Expense mix: 72.5% mission · 27.5% management · 0.0% fundraisingTotal expenses: 103.35% of revenue

2022Expense mix: 90.2% mission · 9.8% management · 0.0% fundraisingTotal expenses: 98.90% of revenue

2021Expense mix: 82.2% mission · 17.8% management · 0.0% fundraisingTotal expenses: 93.24% of revenue

2020Expense mix: 93.1% mission · 6.9% management · 0.0% fundraisingTotal expenses: 99.30% of revenue

Money in and money out

Revenue$1,653,665

Expenses$1,672,103

Annual shortfall $18,438 Expenses were higher than revenue 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)$1,242,462 · 74.3% of expenses

Management and office costs$429,641 · 25.7% of expenses

See all reported dollar amounts

Revenue$1,653,665

Expenses$1,672,103

Assets$876,817

Income$1,653,665

Contributions$391,590

Mission work (program services)$1,242,462

Management and general$429,641

Accounting fees$22,723

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

MICHAEL BRENNANPRESIDENT · 35 hrs/week $179,050Base $169,015 · Other $10,035

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (45)

MICHAEL BRENNANPRESIDENT

RIAN MAGUIREDIRECTOR

KATRINA CARPENTERDIRECTOR

KEN SCHAEFERTREASURER

LEXINGTON WRIGHTDIRECTOR

MARK LUCAS KELLYDIRECTOR

MARTY ENGLANDERDIRECTOR

MEREDITH FLORESDIRECTOR

MICHAEL SANBORNCHAIR

MIKE FISHERDIRECTOR

NICOLE HUNTERDIRECTOR

NORMA SALINASDIRECTOR

KALA MORGANDIRECTOR

RICHARD CERVENKADIRECTOR

RYON PRICEDIRECTOR

SAMANTHA RENZDIRECTOR

SHAWN TUBREDIRECTOR

SPENCER SEALSDIRECTOR

TAREKA LOFTONDIRECTOR

THERESA MINORDIRECTOR

TINA HOWARDDIRECTOR

WILL NORTHERNDIRECTOR

WILLIAM SEEGELDIRECTOR

COLLEEN FISCHERDIRECTOR

AMY THANPAISARNSAMUTDIRECTOR

ARTHUR SANTA-MARIADIRECTOR

BOB CARABAJALDIRECTOR

BOBBY GRIGSBYDIRECTOR

BRANDON PRUNTYDIRECTOR

BRENT SPARKSDIRECTOR

CHAD KERRDIRECTOR

CHARLIE POWELLDIRECTOR

CHELSIE SYNATSCHKDIRECTOR

CHUCK BOULIGNYDIRECTOR

AMANDA SCHULTEDIRECTOR

COREY WILSONDIRECTOR

DR KAREN DUNCANDIRECTOR

ERIKA RAMOSDIRECTOR

HENRY HUDSONDIRECTOR

JACK CLARKVICE CHAIR

JAKE RICHTERDIRECTOR

JASON WILLIAMSONDIRECTOR

JENNIFER HENDERSONSECRETARY

JEROD RANKINDIRECTOR

JUDY BERNASDIRECTOR

About this charity

Recognized since: January 1997
Location: 1606 MISTLETOE BLVD, FORT WORTH, TX 76104
County: Tarrant
In care of: Michael Brennan
Primary officer: Michael Brennan, President

How to reach them

WebsiteVisit the charity’s website Phone(817) 923-1649

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: 618 CONSULTING PLLC
NTEE classification: Homeowners & Tenants Associations (L50)
IRS tax category: Homeowners & Tenants Associations