Fort Worth Local Development Corporation

Unknown organization based in Fort Worth, TX.0 Exempt under §501(c)(3).

MissionTHE ORGANIZATION IS A NON-PROFIT INCORPORATED TO PROMOTE, SPONSOR, AND COORDINATE A WIDE RANGE OF ACTIVITIES CENTERED AROUND JOB CREATION AND ECONOMIC DEVELOPMENT WITHIN THE CITY OF FORT WORTH. UNDER THE TEXAS DEVELOPMENT CORPORATION ACT BY THE AUTHORITY OF THE FORT WORTH CITY

Financial snapshot · TY 2023

$483K
Total revenue
$2.8M
Total expenses
$7.7M
Net assets

Financial health · TY 2023

73
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
33.3 months of expenses
Program efficiency
80
82.2% spent on programs
Revenue diversity
3
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Fort Worth Local Development Corporation Executive Compensation | 990 Data | DoubleNine