Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1989.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
12 people listed on the 990.
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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
Promotes job creation and economic development activities in Fort Worth.
Questions for Fort Worth Local Development Corporation
Your first name shows with your question. Fort Worth Local Development Corporation answers here, for everyone.
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Contract services for vendors city of fort worth (aecom- texas A&M southeast downtown project) $765,000 and weaver $3,675. Revenue $31,654.39 gas lease royalties, $6,000 program income, and $186,760.97 INTEREST/INVESTMENT.
Urban main pilot program totaling $138,500 given to southeast fort worth inc and fort worth hispanic chamber of commerce in agreement for the main street pilot program grant. Pilot program to support community economic developlment and commercial distric revitalization efforts in two corridors of the city of fort worth.
Contractual services totalling $99,489 for vendors graham robinson (mowing and landscaping services) and the dec (entrepreneurship). Other contractual services totalling $36,699 for vendors camp bowie district (lake como project) and city of fort worth (intuit quickbook subscription)
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $6.8M | $5.9M |
| InvestmentsLn 11–13 | $845K | $845K |
| Land, buildings, equipmentLn 10c | $145K | $145K |
| Total assetsLn 16 | $7.7M | $6.9M |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $7.7M | $6.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $991K | $991K | ||
| Accounting feesLn 11c | $4K | $4K | ||
| Other fees for servicesLn 11g | $49K | $49K | ||
| Advertising and promotionLn 12 | $30K | $30K | ||
| InsuranceLn 23 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $2K | $2K | ||
| Total functional expensesLn 25 | $1.1M | $1.1M | $3K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $224K | $1.1M | −$852K | $6.9M | 990 PDF |
| FY2024 | $483K | $2.8M | −$2.3M | $7.7M | 990 PDF |
| FY2023 | $227K | $1.3M | −$1.1M | $9.2M | 990 PDF |
| FY2022 | $121K | $947K | −$825K | $10.3M | 990 PDF |
| FY2021 | $9.1M | $2.2M | $6.9M | $11.3M | 990 PDF |
| FY2020 | $1.3M | $1.4M | −$54K | $4.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $224,415 revenue, 12 lines filed
Part VI · Governance 0 of 11 board members independent, 4 to look at
Part VIII · Statement of revenue $224,415 across 4 lines filed
Part IX · Statement of functional expenses $1,076,479 across 6 lines filed
Part X · Balance sheet $6,893,578 assets, 9 lines filed
Part XI · Reconciliation of net assets $6,893,578 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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