Event Facilities Fort Worth Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It reported loans to or from officers, directors or other insiders.
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
SEE SCHEDULE O.THE PURPOSE OF THE ORGANIZATION IS TO PROMOTE AGRICULTURAL SCIENCES TO THE APPROXIMATELY 1,200,000 PEOPLE WHO ANNUALLY ATTEND THE SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW (THE "STOCK SHOW"). ADDITIONALLY, THE ORGANIZATION ASSISTED WITH THE ESTABLISHMENT OF A NEW ARENA FOR THE CITY OF FORT WORTH (THE "CITY") ADJACENT TO THE WILL ROGERS MEMORIAL CENTER (THE "ARENA PROJECT"), WHERE THE ANNUAL STOCK SHOW IS HELD. UPON COMPLETION OF THE ARENA PROJECT, THE ORGANIZATION EXECUTED A GIFT DEED TO THE CITY AND CONVEYED THE ARENA PROJECT TO THE CITY DURING THE YEAR ENDED MARCH 31, 2021. THE ORGANIZATION WILL CONTINUE TO SUPPORT THE ACTIVITIES OF THE STOCK SHOW BY MAINTAINING THE ORGANIZATION'S REAL ASSETS AND MAKING THEM AVAILABLE TO THE STOCK SHOW. ADDITIONALLY, THE ORGANIZATION WILL ASSIST WITH FUTURE DEVELOPMENT PROJECTS TO PROMOTE AGRICULTURAL SCIENCES TO THOSE WHO ATTEND THE STOCK SHOW.
- Income
- $6.9 million
- Spending
- $4.3 million
- Spent on programs
- 98%
- Reserves
- -217.2 months of spending
- Largest source of income
- donations and private grants, 95%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $712,254, chairman of the board
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 30 out of 100. Higher than 3% of charities in its peer group (youth development, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 158% of what it owns.
Living within its means
15 of 15Income exceeded spending by 38% of income.
Income trend
0 of 15Income fell 27% on the year before.
Spending floor
15 of 1598% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 35 out of 100. Higher than 3% of charities in its peer group (youth development, $1m to $10m).
Independent board
5 of 251 of 4 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
0 of 10Reports at least one of: diversion of assets, excess benefits, loans to insiders.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $4.2 million spent. PROVIDED FACILITIES TO THE SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW, AN ANNUAL EVENT THAT PROMOTES AGRICULTURAL SCIENCES TO APPROXIMATELY 1,000,000 PEOPLE. EVENT FACILITIES FORT WORTH, INC. CONTINUES TO SUPPORT THE ACTIVITIES OF SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW BY MAINTAINING AND IMPROVING REAL ASSETS AND MAKING THEM AVAILABLE TO SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending March 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2002.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.