2025-08-14T16:58:44-05:00 2024-09-30 750807999 SPROLES WOODARD LLP 777 MAIN STREET SUITE 3250 FORT WORTH TX 761025304 990 2023-10-01 752277821 DOWNTOWN FORT WORTH INITIATIVES INC DOWN 8178701692 777 TAYLOR STREET SUITE 100 FORT WORTH TX 76102 ANDREW TAFT PRESIDENT 8178701692 2025-08-14 1 0 VINCENT DAVILA P01434256 8173321328 2025-08-14 2023 2025-03-06 01:10:19Z ANDREW TAFT 777 TAYLOR STREET SUITE 100 FORT WORTH TX 76102 11915577 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 1200 0 0 1028436 1171779 6636474 1491018 221977 700299 0 3694 7886887 3366790 0 0 0 0 0 0 0 0 0 2994854 2773450 2994854 2773450 4892033 593340 8715723 9777504 289675 339373 8426048 9438131 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 2282908 1249707 FESTIVALS AND EVENTS IN THE DOWNTOWN FORT WORTH AREA TO SHOWCASE AND PROMOTE THE DOWNTOWN FORT WORTH COMMUNITY. 465729 229107 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. 14851 12204 PARTICIPATES IN HOUSING PROJECTS ESTABLISHED TO PROVIDE LOW-MODERATE INCOME HOUSING IN DOWNTOWN FORT WORTH AND OTHER CHARITABLE PURPOSES. 2763488 1 1 0 0 0 0 0 1 0 0 1 0 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 1 139 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 69 69 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X BRANDI ERVIN 8178701692 777 TAYLOR STREET STE 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 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 MICHAEL BENNETT CHAIR 1.00 2.00 X X 0 0 0 LAURA BIRD VICE CHAIR 1.00 1.00 X X 0 0 0 BRANDON BLEDSOE DIRECTOR 1.00 1.00 X 0 0 0 HENRY BORBOLLA VICE CHAIR 1.00 1.00 X X 0 0 0 BRANDON BREWER DIRECTOR 1.00 1.00 X 0 0 0 EDDIE BROUSSARD DIRECTOR 1.00 1.00 X 0 0 0 MIKE BROWN DIRECTOR 1.00 1.00 X 0 0 0 KIMBERLY B BURKE 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 MARY MARGARET DAVIS DIRECTOR 1.00 1.00 X 0 0 0 DOUG ELLER DIRECTOR 1.00 1.00 X 0 0 0 DEBBIE FULWILER DIRECTOR 1.00 1.00 X 0 0 0 CHAD GARTNER DIRECTOR 1.00 1.00 X 0 0 0 REID GOETZ DIRECTOR 1.00 1.00 X 0 0 0 STEVE HAMBRICK SECRETARY 1.00 2.00 X X 0 0 0 MATT HANTELMANN DIRECTOR 1.00 1.00 X 0 0 0 DREW HAYDEN DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL HILTABIDEL DIRECTOR 1.00 1.00 X 0 0 0 STACY HOLLINGSWORTH DIRECTOR 1.00 1.00 X 0 0 0 JACK HUFF DIRECTOR 1.00 1.00 X 0 0 0 ADAM JONES DIRECTOR 1.00 1.00 X 0 0 0 ASHLEE JOHNSON 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 DALE KLOSE DIRECTOR 1.00 1.00 X 0 0 0 SAM KNIGHT DIRECTOR 1.00 1.00 X 0 0 0 RONNY KORB TREASURER 1.00 2.00 X 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 VARUN MALLIPADDI 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 CHARLES MILLIKEN 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 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 KYLE RILEY DIRECTOR 1.00 1.00 X 0 0 0 BOB SEMPLE DIRECTOR 1.00 1.00 X 0 0 0 STEVEN SHELLEY 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 VICE CHAIR 1.00 1.00 X X 0 0 0 JERRY THOMPSON DIRECTOR 1.00 1.00 X 0 0 0 ANDREW THOMPSON DIRECTOR 1.00 1.00 X 0 0 0 COURTNEY TOWSON DIRECTOR 1.00 1.00 X 0 0 0 TRAVIS TURNER DIRECTOR 1.00 1.00 X 0 0 0 JOHN VALLANCE DIRECTOR 1.00 1.00 X 0 0 0 BRYAN WALSH DIRECTOR 1.00 1.00 X 0 0 0 JARRATT WATKINS DIRECTOR 1.00 1.00 X 0 0 0 RICHARD WATTERS DIRECTOR 1.00 1.00 X 0 0 0 SUZANNE WESTRUM DIRECTOR 1.00 1.00 X 0 0 0 JANAE WILLIS-BEARD DIRECTOR 1.00 1.00 X 0 0 0 BUZZ LO BRIGHTBILL III DIRECTOR 1.00 1.00 X 0 0 0 GARY CUMBIE DIRECTOR 1.00 1.00 X 0 0 0 ALLAN HOWETH DIRECTOR 1.00 1.00 X 0 0 0 TERRENCE J RYAN DIRECTOR 1.00 1.00 X 0 0 0 GREG UPP DIRECTOR 1.00 1.00 X 0 0 0 MAE FERGUSON DIRECTOR 1.00 1.00 X 0 0 0 ANETTE LANDEROS DIRECTOR 1.00 1.00 X 0 0 0 MARIE DOC HOLLIDAY DIRECTOR 1.00 1.00 X 0 0 0 BOB JAMESON DIRECTOR 1.00 1.00 X 0 0 0 MICHELLE LYNN DIRECTOR 1.00 1.00 X 0 0 0 STACY MARSHALL DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL BRENNAN DIRECTOR 1.00 1.00 X 0 0 0 CARLOS DE LA TORRE DIRECTOR 1.00 1.00 X 0 0 0 STEVE MONTGOMERY DIRECTOR 1.00 1.00 X 0 0 0 RANDY GIDEON DIRECTOR 1.00 1.00 X 0 0 0 JOHN AVILA DIRECTOR 1.00 1.00 X 0 0 0 BRANDI ERVIN CONTROLLER 10.00 30.00 X 0 111180 29273 ANDY TAFT NON VOTING PRESIDENT 10.00 30.00 X 0 435504 73221 REBECCA FETTY DIRECTOR OF MARKETING & MEMBERSHIP 10.00 30.00 X 0 110565 27648 MATTHEW BEARD DIRECTOR OF PUBLIC IMPROVEMENT 10.00 30.00 X 0 108351 29009 MELISSA KNOUR DIRECTOR OF PLANNING 10.00 30.00 X 0 115101 29391 0 880701 188542 0 0 1 0 DOWNIE PRODUCTIONS 7120 ROYALGREEN DRIVE CINCINNATI OH 45244 EVENT PRODUCER 247980 SITE PLANNIG SITE DEVELOPMENT 1108 107TH STREET ARLINGTON TX 76011 LANDSCAPING 200364 MARQUEE EVENT RENTALS 3200 BELMEADE DRIVE 130 CARROLTON TX 75006 EQUIPMENT RENTAL 143968 MOORE IACOFANO GOLTSMAN INC 800 HEARST AVENUE BERKELEY CA 94710 LANDSCAPE ARCHITECT 127418 4 1171779 47025 1171779 FESTIVAL AND EVENTS 713990 1249707 1249707 DOWNTOWN PARK MAINTENANCE 230000 229107 229107 PUBLIC IMPROVEMENT REVENUE 900099 12204 12204 1491018 278068 278068 8971018 8548787 422231 422231 422231 OTHER INCOME 900099 3694 3694 3694 3366790 1491018 0 703993 9962 9962 241073 241073 17580 17580 FESTIVAL AND EVEN PROD 2024255 2024255 DOWNTOWN PARK MAINTENAN 465729 465729 HOUSING/ART 14851 14851 2773450 2763488 9962 0 995643 847554 208306 184156 507500 858745 88420 102010 66547 47224 1144631 389027 287032 755604 2986850 6634073 3426519 221871 148906 126267 8715723 9777504 64185 135031 59848 62398 165642 141944 289675 339373 X 2052091 2903594 6373957 6534537 8426048 9438131 8715723 9777504 593340 418743 0 X X 0 1 X 1 0 X 754049 564701 1532698 1028436 1171779 5051663 326231 599960 1950474 6636474 1491018 11004157 1080280 1164661 3483172 7664910 2662797 16055820 0 682462 296330 213436 5042192 566182 6800602 682462 296330 213436 5042192 566182 6800602 9255218 34009 24364 31283 214322 278068 582046 34009 24364 31283 214322 278068 582046 4328 3490 0 7818 1114289 1189025 3518783 7882722 2940865 16645684 0.55600 0.57150 0.03500 0.02150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6192 X 0 716390 716390 428241 389027 39214 755604 OPERATING LEASE LIABILITY 141944 141944 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 NON VOTING PRESIDENT 0 368375 0 53929 0 13200 0 43687 0 29534 0 508725 0 0 X RENTALS AND FOOD 0 47025 FMV 0 0 0 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 CONFLICT 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 B, LINE 15A COMPENSATION FOR THE PRESIDENT IS DETERMINED BY A COMPENSATION COMMITTEE. THE ORGANIZATION'S COMPENSATION COMMITTEE USES THE INTERNATIONAL DOWNTOWN ASSOCIATION COMPENSATION SURVEY. 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 STREET 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 105511 DOWNTOWN FORT WORTH INC O 69371 DOWNTOWN FORT WORTH INC P 91320