Fort Worth Colonial Charities Inc is located in Fort Worth, TX. The organization was established in 2014. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Worth Colonial Charities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Fort Worth Colonial Charities Inc generated $900.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $446.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Fort Worth Colonial Charities Inc has awarded 241 individual grants totaling $2,529,165. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT CHARITABLE ORGANIZATIONS IN TARRANT COUNTY, TEXAS.
Describe the Organization's Program Activity:
THROUGH DIRECT GRANTMAKING, FWCC SUPPORTS LOCAL CHARITIES IN THE TARRANT COUNTY, TEXAS AREA IN SUPORT OF EACH RESPECTIVE GRANTEES CHARITABLE MISSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert K Hood President | OfficerTrustee | 2 | $0 |
James Leito III Vice President And Treasurer | OfficerTrustee | 2 | $0 |
Tim Bostic Vice President And Secretary | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $261,702 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $670,306 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $932,008 |
Total Program Service Revenue | $52,570 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$84,432 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $900,146 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $401,218 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,365 |
Fees for services: Accounting | $3,177 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $607 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $8,450 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $446,692 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $686,141 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $12,500 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $10,750 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $709,391 |
Accounts payable and accrued expenses | $10,240 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $10,240 |
Net assets without donor restrictions | $203,477 |
Net assets with donor restrictions | $495,674 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $709,391 |
Over the last fiscal year, Fort Worth Colonial Charities Inc has awarded $401,218 in support to 36 organizations.
Grant Recipient | Amount |
---|---|
A WISH WITH WINGS PURPOSE: CHARITABLE GIVING | $9,362 |
ALLIANCE FOR CHILDREN INC PURPOSE: CHARITABLE GIVING | $10,195 |
ACH CHILD AND FAMILY SERVICES PURPOSE: CHARITABLE GIVING | $5,395 |
BAYLOR SCOTT & WHITE ALL SAINTS HEALTH FOUNDATION PURPOSE: CHARITABLE GIVING | $10,769 |
BEN HOGAN FOUNDATION PURPOSE: CHARITABLE GIVING | $10,000 |
BOYS AND GIRLS CLUB OF TARRANT COUNTY PURPOSE: CHARITABLE GIVING | $8,546 |