CSCharityScored
41

Downtown Wichita Falls Development Inc

Community Development · Wichita Falls, Texas

709 Indiana Ave, Wichita Falls, TX 76301-6511

EIN: 752877651· Founded: Aug 2000· 26 years active· Filing Year: 2023

Annual Revenue

$360K

Total Expenses

$360K

Total Assets

$429K

Program Spending

42%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$113K

31.5% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

Not reported

Total Payroll

$113K

32% of total expenses

Where the Money Goes

42%
Programs: 42%
Payroll: 32%
Other overhead: 58%
Program Revenue$150K (42%)
Total Expenses$360K (100%)
Payroll$113K (32%)
Overhead (non-program)58%

Trust Score Breakdown

Program Spending Ratio

42% of expenses go to programs

40%

Revenue & Stability

$360K annual revenue

15%

Executive Compensation

$113K total officer comp (31.5% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$429K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.