2024-08-15T15:08:28-05:00 2023-09-30 750786316 WEAVER AND TIDWELL LLP 2300 N FIELD ST STE 1000 DALLAS TX 75201 990 2022-10-01 752277821 DOWNTOWN FORT WORTH INITIATIVES INC DOWN 8178701692 777 TAYLOR STREET 100 FORT WORTH TX 76102 ANDREW TAFT PRESIDENT 8178701692 2024-08-15 1 0 SARA BURKHART P01435955 9724901970 2022 2024-08-08 14:25:15Z ANDREW TAFT 777 TAYLOR STREET 100 FORT WORTH TX 76102 16679510 0 X N/A X 1988 TX DOWNTOWN FORT WORTH INITIATIVES, INC. RECEIVES FUNDS TO BE USED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES THAT HELP TO FOSTER, PROMOTE, MAINTAIN, AND ENCOURAGE THE CIVIC, SOCIAL, AND GENERAL WELFARE FOR THE CITY OF FORT WORTH. 69 69 0 900 3490 0 1532698 1028436 1950474 6636474 86109 221977 0 0 3569281 7886887 0 0 0 0 0 0 0 0 0 3104409 2994854 3104409 2994854 464872 4892033 6536570 8715723 174929 289675 6361641 8426048 X DOWNTOWN FORT WORTH INITIATIVES, INC. RECEIVES FUNDS TO BE USED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES THAT HELP TO FOSTER, PROMOTE, MAINTAIN, AND ENCOURAGE THE CIVIC, SOCIAL, AND GENERAL WELFARE FOR THE CITY OF FORT WORTH. 0 0 2154417 2126403 FESTIVALS AND EVENTS IN THE DOWNTOWN FORT WORTH AREA TO SHOWCASE AND PROMOTE THE DOWNTOWN FORT WORTH COMMUNITY. 659208 4503229 THE ORGANIZATION IS PROVIDING ADMINISTRATIVE SERVICES FOR LANDSCAPING, UPKEEP AND MAINTENANCE FOR SEVERAL DOWNTOWN PARKS, BY CONTRACT WITH THE BURNETT FOUNDATION AND/OR THE CITY OF FORT WORTH. 6872 6842 PARTICIPATES IN HOUSING PROJECTS ESTABLISHED TO PROVIDE LOW-MODERATE INCOME HOUSING IN DOWNTOWN FORT WORTH AND OTHER CHARITABLE PURPOSES. 2820497 1 1 0 0 0 0 0 1 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 135 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 69 69 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X BRANDI ERVIN 8178701692 777 TAYLOR STREET 100 FORT WORTH TX 76102 RUSTY ANDERSON DIRECTOR 1.00 1.00 X 0 0 0 RICHARD ANDRESKI DIRECTOR 1.00 1.00 X 0 0 0 LARRY ANFIN DIRECTOR 1.00 1.00 X 0 0 0 LARRY AUTH DIRECTOR 1.00 1.00 X 0 0 0 JOHN AVILA DIRECTOR 1.00 1.00 X 0 0 0 LORI BALDOCK DIRECTOR 1.00 1.00 X 0 0 0 ROBERT M BASS DIRECTOR 1.00 1.00 X 0 0 0 RICK BAUMEISTER DIRECTOR 1.00 1.00 X 0 0 0 SHANNON BEARDEN DIRECTOR 1.00 1.00 X 0 0 0 BOB BENDA DIRECTOR 1.00 1.00 X 0 0 0 SCOTT BENNET DIRECTOR 1.00 1.00 X 0 0 0 LAURA BIRD DIRECTOR 1.00 1.00 X 0 0 0 BRANDON BLEDSOE DIRECTOR 1.00 1.00 X 0 0 0 HENRY BORBOLLA DIRECTOR 1.00 1.00 X 0 0 0 BRANDON BREWER DIRECTOR 1.00 1.00 X 0 0 0 CHAD BREWER DIRECTOR 1.00 1.00 X 0 0 0 CHRISTOPHER BRIM DIRECTOR 1.00 1.00 X 0 0 0 EDDIE BROUSSARD DIRECTOR 1.00 1.00 X 0 0 0 KIMBERLY B BURKE DIRECTOR 1.00 1.00 X 0 0 0 WYNDHAM BURNEY DIRECTOR 1.00 1.00 X 0 0 0 DAVID CAMPBELL DIRECTOR 1.00 1.00 X 0 0 0 JOHNNY CAMPBELL DIRECTOR 1.00 1.00 X 0 0 0 RICHARD CASAREZ DIRECTOR 1.00 1.00 X 0 0 0 JACK CLARK DIRECTOR 1.00 1.00 X 0 0 0 STEVE COFFMAN DIRECTOR 1.00 1.00 X 0 0 0 BRIAN COLTHARP DIRECTOR 1.00 1.00 X 0 0 0 DAVID CORREA DIRECTOR 1.00 1.00 X 0 0 0 JEFF DAVIS DIRECTOR 1.00 1.00 X 0 0 0 MARY MARGARET DAVIS DIRECTOR 1.00 1.00 X 0 0 0 STORMI DEMERSON DIRECTOR 1.00 1.00 X 0 0 0 DOUG ELLER DIRECTOR 1.00 1.00 X 0 0 0 DARIEN GEORGE DIRECTOR 1.00 1.00 X 0 0 0 ROBERT GLEASON DIRECTOR 1.00 1.00 X 0 0 0 MATT HANTELMANN DIRECTOR 1.00 1.00 X 0 0 0 BRIAN HAPPEL DIRECTOR 1.00 1.00 X 0 0 0 DREW HAYDEN DIRECTOR 1.00 1.00 X 0 0 0 MIKE HOQUE DIRECTOR 1.00 1.00 X 0 0 0 JACK HUFF DIRECTOR 1.00 1.00 X 0 0 0 WHIT KELLY DIRECTOR 1.00 1.00 X 0 0 0 DIONE KENNEDY DIRECTOR 1.00 1.00 X 0 0 0 JONATHAN KENNEDY DIRECTOR 1.00 1.00 X 0 0 0 CHAD KERR DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL KERSEY DIRECTOR 1.00 1.00 X 0 0 0 DALE KLOSE DIRECTOR 1.00 1.00 X 0 0 0 KARL KOMATSU DIRECTOR 1.00 1.00 X 0 0 0 MARY-MARGARET LEMONS DIRECTOR 1.00 1.00 X 0 0 0 WALTER LITTLEJOHN DIRECTOR 1.00 1.00 X 0 0 0 STEVE LOMBARDI DIRECTOR 1.00 1.00 X 0 0 0 DR SEAN MADISON DIRECTOR 1.00 1.00 X 0 0 0 RACHEL MARKER DIRECTOR 1.00 1.00 X 0 0 0 THOMAS MCDANIEL DIRECTOR 1.00 1.00 X 0 0 0 PATI MEADOWS DIRECTOR 1.00 1.00 X 0 0 0 JACK MILLER DIRECTOR 1.00 1.00 X 0 0 0 CHUCK MILLIKEN DIRECTOR 1.00 1.00 X 0 0 0 NICOLE NADVORNIK DIRECTOR 1.00 1.00 X 0 0 0 BRIAN NEWBY DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL PAVELL DIRECTOR 1.00 1.00 X 0 0 0 RAUL PENA DIRECTOR 1.00 1.00 X 0 0 0 NINA PETTY DIRECTOR 1.00 1.00 X 0 0 0 SIERRA QUINONEZ DIRECTOR 1.00 1.00 X 0 0 0 AMBER FINLEY REYNOLDS DIRECTOR 1.00 1.00 X 0 0 0 CHARLES REYNOLDS DIRECTOR 1.00 1.00 X 0 0 0 KYLE RILEY DIRECTOR 1.00 1.00 X 0 0 0 SHUNDA ROBINSON DIRECTOR 1.00 1.00 X 0 0 0 JUSTIN RUTLEDGE DIRECTOR 1.00 1.00 X 0 0 0 BOB SEMPLE DIRECTOR 1.00 1.00 X 0 0 0 JEREMY SMITH DIRECTOR 1.00 1.00 X 0 0 0 SONNY SRA DIRECTOR 1.00 1.00 X 0 0 0 GLORIA STARLING DIRECTOR 1.00 1.00 X 0 0 0 ANDREW THOMPSON DIRECTOR 1.00 1.00 X 0 0 0 JEREMY THOMPSON DIRECTOR 1.00 1.00 X 0 0 0 MECHELLE THURSTON DIRECTOR 1.00 1.00 X 0 0 0 CASEY TIBBETS DIRECTOR 1.00 1.00 X 0 0 0 COURTNEY TOWNSON DIRECTOR 1.00 1.00 X 0 0 0 JOHN VALLANCE DIRECTOR 1.00 1.00 X 0 0 0 JED WAGENKNECHT DIRECTOR 1.00 1.00 X 0 0 0 BRYAN WALSH DIRECTOR 1.00 1.00 X 0 0 0 JARRET WATKINS DIRECTOR 1.00 1.00 X 0 0 0 RICHARD WATTERS DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL BENNETT CHAIR 1.00 2.00 X X 0 0 0 RONNY KORB TREASURER 1.00 2.00 X X 0 0 0 STEVE HAMBRICK SECRETARY 1.00 2.00 X X 0 0 0 ANDY TAFT PRESIDENT 10.00 30.00 X 0 436631 52461 BRANDI ERVIN CONTROLLER 10.00 30.00 X 0 107287 25478 MELISSA KNOUR DIRECTOR OF PLANNING 10.00 30.00 X 0 110457 25865 MATTHEW BEARD DIRECTOR OF PUBLIC IMPROVEMENT 10.00 30.00 X 0 105800 25388 REBECCA FETTY DIRECTOR OF MARKETING & MEMBERSHIP 10.00 30.00 X 0 103854 24720 0 864029 153912 0 0 1 0 SITE PLANNING SITE DEVELOPMENT 1108 107TH STREET ARLINGTON TX 76011 LANDSCAPING 277778 DOWNIE PRODUCTIONS 7120 ROYALGREEN DRIVE CINCINNATI OH 45244 EVENT PRODUCER 222675 MOORE IACOFANO GOLTSMAN INC 800 HEARST AVENUE BERKELEY CA 94710 LANDSCAPE ARCHITECT 191514 3 1028436 30550 1028436 DOWNTOWN PARK MAINTENANCE 230000 4499954 4499954 FESTIVALS AND EVENTS 713990 2126403 2126403 HOUSING/ART 900099 6842 6842 PUBLIC IMPROVEMENT REVENUE 900099 3275 3275 6636474 214322 214322 8800278 8792623 7655 7655 7655 7886887 6636474 3490 218487 11685 11685 238196 238196 3246 3246 FESTIVAL AND EVENT PROD 2075647 1916221 159426 DOWNTOWN PARK MAINTENAN 659208 659208 HOUSING/ART 6872 6872 2994854 2820497 174357 0 1173541 995643 545275 208306 125000 507500 101487 88420 37176 66547 658479 371447 2986094 287032 218721 2986850 1343084 3426519 6192 148906 6536570 8715723 132304 64185 42625 59848 0 165642 174929 289675 X 4517387 2052091 1844254 6373957 6361641 8426048 6536570 8715723 4892033 132235 -2959861 0 X X 0 1 X 1 0 X 763975 754049 564701 1532698 1028436 4643859 1473354 326231 599960 1950474 6636474 10986493 2237329 1080280 1164661 3483172 7664910 15630352 0 267488 682462 296330 213436 5042192 6501908 267488 682462 296330 213436 5042192 6501908 9128444 31594 34009 24364 31283 214322 335572 4328 3490 7818 31594 34009 24364 35611 217812 343390 2268923 1114289 1189025 3518783 7882722 15973742 0.57150 0.83750 0.02150 0.01480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6192 X 0 239013 239013 419466 371447 48019 287032 ZAPP SOFTWARE 1561 C EQUITIES 1764119 C FIXED INCOME 1660839 C 3426519 OPERATING LEASE LIABILITIES 165642 165642 X PART III, LINE 4: THE ORGANIZATION HAS PURCHASED SELECTED ARTWORK FROM PARTICIPATING ARTISTS AT THE MAIN STREET ARTS FESTIVAL OVER THE YEARS. THIS ARTWORK IS DISPLAYED THROUGHOUT THE OFFICES OF THE ORGANIZATION. PART X, LINE 2: DFWII QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THEREFORE THE ORGANIZATION HAS NO PROVISION FOR FEDERAL INCOME TAXES. THE ORGANIZATION RECOGNIZES IN ITS COMBINED FINANCIAL STATEMENTS THE FINANCIAL EFFECT OF A TAX POSITION IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS OF THE POSITION. TAX POSITIONS TAKEN RELATED TO THE ORGANIZATION'S TAX EXEMPT STATUS FOR FEDERAL TAX PURPOSES AND STATE FILING REQUIREMENTS HAVE BEEN REVIEWED, AND MANAGEMENT IS OF THE OPINION THAT MATERIAL POSITIONS TAKEN BY THE ORGANIZATION WOULD MORE LIKELY THAN NOT BE SUSTAINED BY EXAMINATION. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED AN INCOME TAX LIABILITY FOR UNCERTAIN TAX BENEFITS. 0 0 0 0 0 0 0 0 0 ANDY TAFT PRESIDENT 0 364222 0 59209 0 13200 0 41766 0 10695 0 489092 0 0 X RENTALS AND FOOD FOR EVENTS 0 30550 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 EDWARD BASS AND ROBERT BASS HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF DOWNTOWN FORT WORTH, INC.("DFWI") ARE ALSO AUTOMATICALLY BOARD MEMBERS OF DOWNTOWN FORT WORTH INITIATIVES, INC. UPON THEIR ELECTION TO THE BOARD OF DIRECTORS OF DFWI, INDIVIDUALS WITH A CONFLICT OF INTEREST ARE SUSPENDED FROM SERVING ON THE BOARD OF DOWNTOWN FORT WORTH INITIATIVES. DFWI'S MEMBERS ELECT THE BOARD MEMBERS AS WELL AS THE MEMBERS OF THE AUDIT COMMITTEE AND OFFICERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTANT AND REVIEWED BY THE MANAGEMENT FOR COMPLETENESS AND ACCURACY. AFTER, THE BOARD MEMBERS ARE NOTIFIED THAT THE FORM 990 IS AVAILABLE FOR THEIR REVIEW UNTIL THE FORM'S DUE DATE, AT WHICH TIME IT IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS-THERE IS A WRITTEN CONFLICT OF INTEREST POLICY FOR BOARD MEMBERS THAT MUST BE REVIEWED AND SIGNED ANNUALLY. EMPLOYEES OF DOWNTOWN FORT WORTH, INC.-THE EMPLOYEE HANDBOOK MANDATES THAT CONFLICTS OF INTEREST BE FULLY DISCLOSED TO THE PRESIDENT OF THE ORGANIZATION PRIOR TO INVOLVEMENT WITH OR IN ANY POTENTIAL CONFLICT OF INTEREST. THE EXISTENCE OF UNUSUAL CIRCUMSTANCES THAT COULD JUSTIFY APPROVAL OF A POTENTIAL CONFLICT MUST BE REVIEWED AND APPROVED IN WRITING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGE HAS BEEN MADE IN THE OVERSIGHT OR SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT. DOWNTOWN FORT WORTH INC 777 TAYLOR ST STE 100 FORT WORTH TX 76102 751820114 ENCOURAGE THE CIVIC, SOCIAL AND GENERAL WELFARE OF THE CITY OF FORT WORTH TX 501(C)(6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 DOWNTOWN FORT WORTH INC N 81164 DOWNTOWN FORT WORTH INC O 61929 DOWNTOWN FORT WORTH INC P 106874