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 12/2023, Ferguson Road Initiative employed 7 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 12/2023, Ferguson Road Initiative generated $293.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $320.3k during the year ending 12/2023. While expenses have increased by 14.0% per year over the past 9 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
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:
COMMUNICATION: FRI REGULARLY COMMUNICATES WITH OUR 93,000 CONSTITUENTS, 2000 UNIQUE BUSINESSES, 52 APARTMENT COMMUNITIES, 30 CHURCHES, 40 NEIGHBORHOODS, 17 SCHOOLS AND MORE THAN 20 NONPROFIT ORGANIZATIONS. FRI PUBLISHES A SEMI-ANNUAL FRIDAYS MAGAZINE BULK MAILED TO 18,000 HOUSEHOLDS AND HAND DELIVERED TO 52 APARTMENT MANAGEMENT OFFICES. WE PROVIDE A DIGITAL NEWSLETTER, NEWSFLASH, WITH A READERSHIP OF MORE THAN 2,000 INDIVIDUALS. WE PROVIDE AN UPDATED MONTHLY DIGITAL RESOURCE DIRECTORY THAT GOES OUT TO OUR COMMUNITY AT LARGE. WE HOLD SEMI-ANNUAL FRI COMMUNITY CONNECTION TOWN HALL MEETINGS IN FEBRUARY AND SEPTEMBER, AND WE HAVE A ROBUST PRESENCE ON SOCIAL MEDIA THROUGH FACEBOOK AND INSTAGRAM. WE PROVIDE SEMI-ANNUAL BRIEFINGS THAT REPORT ON THE PROGRESS OF OUR ORGANIZATION THAT ARE MAILED TO ALL FRI MEMBERS AS WELL AS RECIPIENTS OF OUR NEWSFLASH. WE ALSO HOST PERIODIC TASK FORCE MEETINGS TO ADDRESS CRIME AND PROMOTE PUBLIC SAFETY THAT COMMUNICATES UP-TO-DATE INFORMATION REGARDING CRIME INITIATIVES AND SAFETY PROGRAMS. OTHER COMMUNICATION VENUES INCLUDE SPECIAL EVENTS, FAIRS, AND COMMUNITY CELEBRATIONS.
WE CONTINUED TO PUBLISH OUR RESOURCE DIRECTORY THAT WAS MAILED TO (50) APARTMENT, (17) SCHOOLS, (30) FAITH COMMUNITIES, AND (20 NONPROFITS) REGARDING WHERE FAMILIES SHOULD GO IN THE FAR EAST DALLAS SERVICE AREA TO RECEIVE RENTAL, FINANCIAL, FOOD, CLOTHING, AND WORK FORCE ASSISTANCE. WE DID THIS BY CONTINUING TO COLLABORATE NOT ONLY WITH OUR NONPROFIT PARTNERS IN FAR EAST DALLAS, BUT WE EXPANDED OUR RESOURCE COMMUNICATIONS TO ALSO INCLUDE MORE THAN (40) SERVICE PROVIDERS IN THE MESQUITE, BALCH SPRINGS, GARLAND, AND PLEASANT GROVE COMMUNITIES.
COMMUNITY BUILDING: FRI IS A BACKBONE PARTICIPATORY ORGANIZATION WHOSE KEY PROGRAMS INCLUDE COMMUNITY-BUILDING AND COALITION PROJECTS. WE PROVIDE ONGOING SUPPORT BY GUIDING VISION AND STRATEGY, RAISING FUNDS, CONVENING MEETINGS, SUPPORTING ALIGNED ACTIVITIES, ESTABLISHING SHARED MEASUREMENTS, BUILDING PUBLIC GOODWILL AND TRUST, COMMUNICATING OPPORTUNITIES AND RESULT TO CONSTITUENTS, ADVANCING POLICY, AND MOBILIZING RESOURCES. THESE SERVICES ARE HELPING OUR AREA NONPROFIT PARTNERS 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: FINANCIAL SERVICES/EDUCATION: FOR THE PAST 18 YEARS FRI HAS PROVIDED SUPPORT FOR THE VOLUNTEER INCOME TAX ASSISTANCE (VITA) AND FINANCIAL EDUCATION LITERACY PROGRAMS TO OVER 17,000 INDIVIDUALS AND FAMILIES AND HAVE KEPT MORE THAN $29,000,000 IN TAX REFUNDS TO BE SPENT IN OUR COMMUNITY. OVER 50% OF OUR FAMILIES ARE HISPANIC. IN 2023 WE PREPARED 980 FREE TAX RETURNS, PROVIDED $1,335,831 IN REFUNDS TO THE TAXPAYERS, WE SAVED THE TAXPAYERS $286,244 IN TAX PREPARATION FEES AND PROVIDED 245 HOURS OF FINANCIAL EDUCATION AND LITERACY IN THE PROCESS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel Ortman President | OfficerTrustee | 4 | $0 |
Christopher Jackson Vice President | OfficerTrustee | 2 | $0 |
Melanie Flinn Secretary | OfficerTrustee | 2 | $0 |
Brian Harper Treasurer | OfficerTrustee | 4 | $0 |
Gary Hasty Board Member | Trustee | 1 | $0 |
Christopher Rebuck Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $29,099 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $239,998 |
Noncash contributions included in lines 1a–1f | $842 |
Total Revenue from Contributions, Gifts, Grants & Similar | $269,097 |
Total Program Service Revenue | $0 |
Investment income | $567 |
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 | $293,932 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $208,000 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,410 |
Payroll taxes | $16,641 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,928 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,051 |
Advertising and promotion | $23,117 |
Office expenses | $22,679 |
Information technology | $11,827 |
Royalties | $0 |
Occupancy | $4,193 |
Travel | $3,233 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,165 |
Insurance | $2,006 |
All other expenses | $0 |
Total functional expenses | $320,250 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $79,804 |
Savings and temporary cash investments | $177,329 |
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 |
Net Land, buildings, and equipment | $8,853 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $265,986 |
Accounts payable and accrued expenses | $11,288 |
Grants payable | $0 |
Deferred revenue | $3,180 |
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 | $14,468 |
Net assets without donor restrictions | $236,518 |
Net assets with donor restrictions | $15,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $265,986 |