Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2014.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
31 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
8 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Generates private investment capital through tax credits to fund job-creating economic development projects in low-income and distressed areas of Dallas.
Questions for Dallas Development Fund
Your first name shows with your question. Dallas Development Fund answers here, for everyone.
See schedule oto assist in carrying out the economic development program and objectives of the city of dallas, texas by generating private investment capital through the new markets tax credit program to be made available for investment in low-income communities.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 26-4342371) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Federal money
The auditor reported 1 finding: a weakness in money controls.
The auditor reported no findings.
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $4.6M | $4.1M |
| Total assetsLn 16 | $6.1M | $6.2M |
| LiabilitiesLn 26 | $629K | $491K |
| Net assetsLn 32 | $5.5M | $5.7M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Accounting feesLn 11c | $61K | $61K | ||
| Other fees for servicesLn 11g | $236K | $236K | ||
| InsuranceLn 23 | $31K | $31K | ||
| Other expenses (24a–d)Ln 24 | $150K | $148K | $1K | |
| Total functional expensesLn 25 | $478K | $148K | $329K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS Aug 12, 2026 | $709K | $478K | $231K | $5.7M | 990 PDF |
| FY2024Filed with the IRS Aug 4, 2025 | $1.6M | $721K | $834K | $5.5M | 990 PDF |
| FY2023Filed with the IRS Apr 11, 2024 | $603K | $569K | $34K | $4.7M | 990 PDF |
| FY2022Filed with the IRS Apr 24, 2023 | $430K | $867K | −$438K | $4.6M | 990 PDF |
| FY2021Filed with the IRS Jun 17, 2022 | $6.7M | $6.4M | $338K | $5.1M | 990 PDF |
| FY2020Filed with the IRS Jun 21, 2021 | $2.3M | $1.8M | $548K | $4.7M | 990 PDF |
Schedules filed Part IV
See the full FY2025 990
Part I · Summary $708,840 revenue, 12 lines filed
Part VI · Governance 7 of 7 board members independent, 3 to look at
Part VIII · Statement of revenue $708,840 across 3 lines filed
Part IX · Statement of functional expenses $477,837 across 4 lines filed
Part X · Balance sheet $6,208,168 assets, 13 lines filed
Part XI · Reconciliation of net assets $5,716,927 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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