Civic Intelligence

Inside Out Foundation

990 • Fiscal year 2022 • EIN 45-5597137

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

4630 50th Street Suite 500Lubbock, TX 79414

(806) 441-1031

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

58th percentile

9.6%

Higher net margin than 58% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

42nd percentile

-2.3%

Faster asset growth than 42% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

60th percentile

22%

Faster revenue growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$398,962

Down $9,377 (-2.3%) from 2021

Net Assets

Down

$395,442

Down $1,481 (-0.4%) from 2021

Liabilities

Down

$3,520

Down $7,896 (-69%) from 2021

Revenue

Up

$374,869

Up $68,580 (+22%) from 2021

Expenses

Up

$339,018

Up $112,951 (+50%) from 2021

Net Income

Down

$35,851

Down $44,371 (-55%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2014: $74,288Liabilities 2014: $520Net Assets 2014: $73,7682014Assets 2015: $94,475Net Assets 2015: $94,4752015Assets 2017: $74,639Liabilities 2017: $1,770Net Assets 2017: $72,8692017Assets 2018: $184,707Liabilities 2018: $11,841Net Assets 2018: $172,8662018Assets 2019: $241,701Liabilities 2019: $37,866Net Assets 2019: $203,8352019Assets 2020: $315,350Liabilities 2020: $5,882Net Assets 2020: $309,4682020Assets 2021: $408,339Liabilities 2021: $11,416Net Assets 2021: $396,9232021Assets 2022: $398,962Liabilities 2022: $3,520Net Assets 2022: $395,4422022Assets 2023: $435,529Liabilities 2023: $8,167Net Assets 2023: $427,3622023Assets 2024: $505,873Liabilities 2024: $3,651Net Assets 2024: $502,2222024

Highlighted filing

2022

Assets$398,962
Liabilities$3,520
Net Assets$395,442

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2014: $60,278Expenses 2014: $74,109Net Income 2014: -$13,8312014Revenue 2015: $106,211Expenses 2015: $85,504Net Income 2015: $20,7072015Revenue 2017: $152,196Expenses 2017: $187,601Net Income 2017: -$35,4052017Revenue 2018: $231,393Expenses 2018: $139,647Net Income 2018: $91,7462018Revenue 2019: $253,192Expenses 2019: $198,069Net Income 2019: $55,1232019Revenue 2020: $275,969Expenses 2020: $170,336Net Income 2020: $105,6332020Revenue 2021: $306,289Expenses 2021: $226,067Net Income 2021: $80,2222021Revenue 2022: $374,869Expenses 2022: $339,018Net Income 2022: $35,8512022Revenue 2023: $436,363Expenses 2023: $419,190Net Income 2023: $17,1732023Revenue 2024: $561,398Expenses 2024: $503,256Net Income 2024: $58,1422024

Highlighted filing

2022

Revenue$374,869
Expenses$339,018
Net Income$35,851
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$487,227
Mission and Program Overview

Mission

To restore traumatic event survivors inner and outer beauty through aesthetic products and healing outreach services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$180,156$209,090▲ $28,934
Cash and Non-Interest-Bearing Accounts$158,483$120,172▼ $38,311
Inventories for Sale or Use$69,700$69,700→ $0
Total Assets$408,339$398,962▼ $9,377
Liabilities
Accounts Payable and Accrued Expenses$10,897$3,250▼ $7,647
Other Liabilities$519$270▼ $249
Total Liabilities$11,416$3,520▼ $7,896
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$396,923$395,442▼ $1,481
Total Net Assets Fund Balance$396,923$395,442▼ $1,481
Total Liabilities and Net Assets / Fund Balance$408,339$398,962▼ $9,377
Compensation and Service Providers

Board Members and Trustees

NameTitle
Laurie TruelovePresident
Angie TealDirector
Carol PerryDirector
Charity EmbleyDirector
Helen MinnisDirector
Judy KrchmarDirector
Sherri KerleyDirector
Diane BroomeSecretary
Penny BlackerbyTreasurer
Lisa BellVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$421,006
Program Service Revenue
$48,293
Investment Income
$12,316
Other Revenue
$-106,746
All Other Contributions
$159,142
Change in Net Assets
$35,851
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$193,574
Salaries, Compensation, and Employee Benefits$145,444
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$100,705$33,569-$134,274
Fees for Services Other$74,470$-6,511-$67,959
Occupancy$36,414$12,138-$48,552
Other Expenses$32,959--$32,959
Information Technology$13,949$4,650-$18,599
Payroll Taxes$8,377$2,793-$11,170
Office Expenses$6,147$3,699-$9,846
Fees for Services Accounting$4,650$1,550-$6,200
Advertising$2,856$952-$3,808
Travel$2,102$701-$2,803
Insurance$1,957$653-$2,610
Interest-$238-$238
Total Functional Expenses$284,586$54,432$0$339,018
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$112,358
Fundraising Gross Income$5,612
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
West Texas Shoo$206,346-$1,406-
Golf Tournament$39,104---
Total Events$266,864$5,000$108,258$-103,258
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
TX State Comptroller$1,271
Store Credit Liability$8
Sales Tax Payable$-378
Gift Card Outstanding$-631
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Inside Out Foundation
EIN
45-5597137
Phone
8064411031
Address
4630 50TH STREET SUITE 500, LUBBOCK, TX 79414

Signing Officer

Name
Laurie Truelove
Title
President
Phone
8064411031
Signed
2023-11-15

Organization Details

Principal Officer
Laurie Truelove
Formed
2012
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
3
Volunteers
101

Preparer

Firm
Ralph & Ralph Pc
Address
PO BOX 701129, HOUSTON, TX 77270
Preparer
Gregory P Ralph
Phone
7136234514
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Grant writing 61,270 0 0 bank fees 3,067 1,023 0 credit card fees 3,262 1,087 0 other services 45 15 0 other fees 0 -10,870 0 contract services 1,686 562 0 community outreach 5,140 1,714 0 register difference expense 0 -69 0 repairs & maintenance 0 27 0 total 74,470 -6,511 0

Form 990, Part XI, Line 9

ADJUSTMENT 2,215

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-378
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3-631
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TX STATE COMPTROLLER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1STORE CREDIT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3GIFT CARD OUTSTANDING
IRS990ScheduleD/TotalLiabilityAmt0270
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt010000
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt010000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0261864
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0206346
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt039104
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt016414
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0108258
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0129
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt010
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0139
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0WEST TEXAS SHOO
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0206346
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt039104
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt021414
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0266864
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt05000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt05000
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-103258
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0110
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01516
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01406
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt051172
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt023360
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt022071
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt096603
IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GRANT WRITING 61,270 0 0 BANK FEES 3,067 1,023 0 CREDIT CARD FEES 3,262 1,087 0 OTHER SERVICES 45 15 0 OTHER FEES 0 -10,870 0 CONTRACT SERVICES 1,686 562 0 COMMUNITY OUTREACH 5,140 1,714 0 REGISTER DIFFERENCE EXPENSE 0 -69 0 REPAIRS & MAINTENANCE 0 27 0 TOTAL 74,470 -6,511 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADJUSTMENT 2,215
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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IRS990/TotalContributionsAmt0421006
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt054432
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0284586
IRS990/TotalFunctionalExpensesGrp/TotalAmt0339018
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011416
IRS990/TotalLiabilitiesEOYAmt03520
IRS990/TotalLiabilitiesGrp/BOYAmt011416
IRS990/TotalLiabilitiesGrp/EOYAmt03520
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0396923
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0395442
IRS990/TotalProgramServiceExpensesAmt0284586
IRS990/TotalProgramServiceRevenueAmt048293
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt060609
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0374869
IRS990/TotalVolunteersCnt0101
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0408339
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0398962
IRS990/TravelGrp/ManagementAndGeneralAmt0701
IRS990/TravelGrp/ProgramServicesAmt02102
IRS990/TravelGrp/TotalAmt02803
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/USAddress/AddressLine1Txt01500 BROADWAY SUITE 1112
IRS990/USAddress/CityNm0LUBBOCK
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079401
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0THEINSIDEOUTFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LAURIE TRUELOVE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08064411031
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INSIDE OUT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0INSI
ReturnHeader/Filer/EIN0455597137
ReturnHeader/Filer/PhoneNum08064411031
ReturnHeader/Filer/USAddress/AddressLine1Txt04630 50TH STREET SUITE 500
ReturnHeader/Filer/USAddress/CityNm0LUBBOCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079414
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760473863
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RALPH & RALPH PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 701129
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077270

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