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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
Revenue & Stability
$360K annual revenue
Executive Compensation
$113K total officer comp (31.5% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$429K in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.