Ferguson Road Initiative
- Assets
- $246.8k
- Revenue
- $209.4k
- Investments
- $0.0
- Employees
- 8
- Location
- Dallas, TX
- Founding
- 07/1999
- Data as of
- 12/2020
- EIN
- 75-2797489
Organization Overview
Ferguson Road Initiative is located in Dallas, TX. The organization was established in 1999. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Ferguson Road Initiative employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ferguson Road Initiative 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 12/2020, Ferguson Road Initiative generated $209.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $150.7k during the year ending 12/2020. While expenses have increased by 7.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
ENGAGE AND EMPOWER A COMMUNITY OF ADVOCATES TO ADVANCE A SAFE, BEAUTIFUL, PROSPEROUS AND PROUD COMMUNITY IN FAR EAST DALLAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNICATION: FRI HAS 93,000 CONSTITUENTS, 2000 UNIQUE BUSINESSES, 50 APARTMENT COMMUNITIES, 23 CHURCHES, 37 NEIGHBORHOODS, 17 SCHOOLS AND MORE THAN 20 AREA NONPROFITS WE KEEP INFORMED ON A REGULAR BASIS THROUGHOUT THE YEAR. MULTIPLE COMMUNICATION VENUES SUCH AS A SEMI-ANNUAL NEWS MAGAZINE (FRIDAYS), 2 X PER MONTH ELECTRONIC NEWSLETTER (NEWSFLASH), DIRECT MAIL, ROBOCALLS, AND SOCIAL MEDIA PLATFORMS REACH OUR BROAD AUDIENCE. OTHER VENUES INCLUDE SPRING AND FALL TOWN HALL MEETINGS, COMMUNITY FAIRS AND SPECIAL EVENTS.
COMMUNITY-BUILDING: FRI IS A "BACKBONE" ORGANIZATION WHOSE KEY PROGRAM IS COMMUNITY-BUILDING. WE PROVIDE ONGOING SUPPORT BY GUIDING VISION AND STRATEGY, RAISING FUNDS, CONVENING MEETINGS, SUPPORTING ALIGNED ACTIVITIES, ESTABLISHING SHARED MEASUREMENTS, BUILDING PUBLIC GOODWILL, COMMUNICATING OPPORTUNITIES AND RESULTS TO CONSTITUENTS, ADVANCING POLICY, AND MOBILIZING RESOURCES. THESE SERVICES ARE HELPING OUR AREA NONPROFITS MAKE A POSITIVE "COLLECTIVE IMPACT". FRI WORKS BEHIND THE SCENES TO ENSURE OUR PARTNERS ARE SUCCESSFUL IN FULFILLING THEIR MISSIONS. OUR CORE STRENGTH IS IDENTIFYING AND BUILDING CIVIC LEADERS. WE IDENTIFY, TRAIN, AND COACH THEM SO THEY CAN WORK COLLABORATIVELY WITH THEIR VOLUNTEERS TO SOLVE THEIR OWN PROBLEMS.
FINANCIAL SERVICES/EDUCATION: FOR THE PAST 16 YEARS FRI HAS PROVIDED SUPPORT FOR THE VOLUNTEER INCOME TAX ASSISTANCE AND FINANCIAL EDUCATION LITERACY PROGRAMS TO OVER 16,000 INDIVIDUALS AND FAMILIES AND HAVE KEPT MORE THAN $28,000,000 IN TAX REFUNDS IN THE COMMUNITY. OVER 60% OF OUR FAMILIES ARE HISPANIC. IN 2021, WE PREPARED 1,020 TAX RETURNS, PROVIDED $1,801,357 IN REFUNDS TO THE TAXPAYERS, AND OUR VOLUNTEERS PROVIDED OVER 236 HOURS OF FINANCIAL EDUCATION AND LITERACY IN THE PROCESS.
FRI COVID CAMPAIGN: IN 2021, AS WE MOVED FROM COVID-19 DISASTER INTO COVID-19 RECOVERY, WE PROVIDED (30) VACCINE POP-UP CLINICS IN AREA APARTMENTS, BUSINESSES, CHURCHES, AND SPECIAL COMMUNITY EVENTS. WE WORKED DIRECTLY WITH VACCINE PROVIDERS AND THEN HELPED BROKER RELATIONSHIPS THROUGHOUT THE COMMUNITY TO BRING THE LIFE-SAVING VACCINE DIRECTLY TO WHERE PEOPLE LIVE AND WORK. WE VACCINATED 390 INDIVIDUALS IN COLLABORATION WITH OUR HEALTHCARE PARTNER, CATALYST HEALTH NETWORK
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Ortman President | OfficerTrustee | 4 | $0 |
Christopher Jackson Vice President | OfficerTrustee | 2 | $0 |
Becky Reed Treasurer | OfficerTrustee | 4 | $0 |
Bill Coleman Secretary | OfficerTrustee | 4 | $0 |
Daniel Clayton Board Member | Trustee | 1 | $0 |
Matt Nicolette Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $183,149 |
| Investment income | $613 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $209,360 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $65,646 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $987 |
| Payroll taxes | $5,212 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,681 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,665 |
| Advertising and promotion | $26,277 |
| Office expenses | $22,917 |
| Information technology | $7,281 |
| Royalties | $0 |
| Occupancy | $3,677 |
| Travel | $689 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $209 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,449 |
| Insurance | $2,003 |
| All other expenses | $0 |
| Total functional expenses | $150,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,861 |
| Savings and temporary cash investments | $142,142 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $246,771 |
| Accounts payable and accrued expenses | $3,098 |
| Grants payable | $0 |
| Deferred revenue | $1,816 |
| 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 | $4,914 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $241,857 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Ferguson Road Initiative has recieved totaling $52,018.
| Awarding Organization | Amount |
|---|---|
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $37,358 |
Dodson Foundation Inc Inverness, IL PURPOSE: GENERAL OPERATING EXPENSES | $10,000 |
Sulentic Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED (SEE GENERAL EXPLANATION) | $4,568 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $92 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Avance Inc San Antonio, TX | $11,319,048 | $60,395,226 |
Operation Homefront Inc San Antonio, TX | $30,804,944 | $40,861,039 |
Gulf Coast Community Services Assn Inc Houston, TX | $4,457,612 | $33,824,576 |
Hill Country Community Action Association Inc San Saba, TX | $4,864,839 | $26,700,596 |
Crawford Sebastian Community Development Council Inc Fort Smith, AR | $10,081,488 | $25,336,007 |
St Martin Iberia Lafayette Parishes Community Action Agency Lafayette, LA | $1,628,921 | $19,226,376 |
El Paso Community Action Program Project Bravo Inc El Paso, TX | $2,433,349 | $16,653,742 |
Abilene Improvement Corporation Abilene, TX | $4,300,132 | $16,087,347 |
Waterloo Greenway Conservancy Austin, TX | $14,294,713 | $19,654,960 |
Avance Inc San Antonio, TX | $3,341,095 | $14,922,059 |
Northwest Arkansas Council Foundation Springdale, AR | $9,473,428 | $13,530,717 |
First Colony Community Services Association Inc Sugar Land, TX | $19,403,817 | $10,458,068 |