North Texas nonprofits lost $127M in six months, mostly from federal sources, survey finds

Before 2025, Jesse Herrera’s nonprofit CoAct was picking up momentum.

The five-year-old startup, a social design studio focused on developing strategic responses to societal challenges in Fort Worth, had secured several large grants to support its modest budget of about $400,000.

This was enough to pay for day-to-day operations, one full-time staffer and two part-time salaries, one of which Herrera receives, although he devotes about 40-50 hours a week to CoAct…

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