Civic Intelligence

Babes Fest Inc

EIN 81-5349740 • 501(c)3 • Austin, TX

Profile

To promote gender equality in the arts and entrepreneurship.

5201 Park At Woodlands DrAustin, TX 78724

bossbabes.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.16x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

69th percentile

15%

Higher net margin than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

91st percentile

79%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

76th percentile

26%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Up

$87,967

Up $60,519 (+220%) from 2022

Liabilities

Down

$14,318

Down $4,229 (-23%) from 2022

Net Assets

Up

$73,649

Up $64,748 (+727%) from 2022

Revenue

Up

$489,973

Up $179,773 (+58%) from 2022

Expenses

Up

$418,616

Up $72,316 (+21%) from 2022

Net Income

Up

$71,357

Up $107,457 (+298%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2019: $20,694Liabilities 2019: $0Net Assets 2019: $20,6942019Assets 2020: $32,321Liabilities 2020: $25,146Net Assets 2020: $7,1752020Assets 2022: $27,448Liabilities 2022: $18,547Net Assets 2022: $8,9012022Assets 2024: $87,967Liabilities 2024: $14,318Net Assets 2024: $73,6492024

Highlighted filing

2024

Assets$87,967
Liabilities$14,318
Net Assets$73,649

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2019: $217,046Expenses 2019: $208,416Net Income 2019: $8,6302019Revenue 2020: $208,968Expenses 2020: $222,487Net Income 2020: -$13,5192020Revenue 2022: $310,200Expenses 2022: $346,300Net Income 2022: -$36,1002022Revenue 2024: $489,973Expenses 2024: $418,616Net Income 2024: $71,3572024

Highlighted filing

2024

Revenue$489,973
Expenses$418,616
Net Income$71,357

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$313,440
Mission and Program Overview

Mission

To promote gender equity in creative communities in texas through festivals, markets, exhibitions, workshops and artistic programming.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$65,452$27,448▼ $38,004
Rtn Earn Endowment Incm Other Fnds$45,001$8,901▼ $36,100
Total Assets$65,452$27,448▼ $38,004
Liabilities
Unsecured Notes Loans Payable$19,209$17,677▼ $1,532
Accounts Payable and Accrued Expenses$1,242$870▼ $372
Total Liabilities$20,451$18,547▼ $1,904
Net Assets / Fund Balance
Total Net Assets Fund Balance$45,001$8,901▼ $36,100
Total Liabilities and Net Assets / Fund Balance$65,452$27,448▼ $38,004
Compensation and Service Providers

Board Members and Trustees

NameTitle
Xochi SolisBoard President
Aisha LewisBoard Operations Officer
Hali MartinBoard Secretary
Leslie FenderBoard Treasurer
Jane HerveyExecutive Director
Monique ParkerDevelopment Officer
Lina ZuluagaPrograms Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$236,371
Program Service Revenue
$73,469
Investment Income
$0
Other Revenue
$360
All Other Contributions
$217,602
Change in Net Assets
$-36,100
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$239,488
Salaries, Compensation, and Employee Benefits$106,607
Total Fundraising Expense$14,965
Grants and Similar Amounts Paid$205
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$55,699$23,871$11,680$91,250
Fees for Services Other$76,508-$1,600$78,108
Other Expenses$31,200--$31,200
Occupancy$1,920$10,879-$12,799
Advertising$8,640--$8,640
Other Employee Benefits$5,003$2,532$786$8,321
Information Technology-$7,726-$7,726
Conferences and Meetings$3,644$3,644-$7,288
Payroll Taxes$4,296$1,841$899$7,036
Office Expenses$1,136$2,867-$4,003
Travel$3,070--$3,070
Insurance-$1,917-$1,917
All Other Expenses-$653-$653
Interest-$579-$579
Grants to Domestic Orgs$205--$205
Total Functional Expenses$274,826$56,509$14,965$346,300
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Executive director reviews return with the governing body board.

Conflict of interest policy compliance Part VI line 12C

All board members and staff members at future front tx are required to disclose conflicts of interest. Conflicts of interest are then reviewed by our board and measures are taken to address the conflict of interest. A failure to disclose could result in the removal of ones position from the board or a staff position.

Governing documents etc available to public Part VI line 19

Governing documents are available upon request. Requests can be made via the organizations contact form or by emailing [email protected].

Filing and Contact Details

Filer

Filer Name
Babes Fest Inc
EIN
81-5349740
Address
5201 PARK AT WOODLANDS DR, AUSTIN, TX 78724
Doing Business As
Future Front Texas

Signing Officer

Name
Jane Hervey
Title
Executive Direc
Phone
5127209952
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jane Hervey
Formed
2017
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
2
Volunteers
77

Preparer

Firm
Mona Hervey Hayes CPA Pc
Address
905 E HARRISON AVE, HARLINGEN, TX 78550
Preparer
Mona Hayes
Phone
9564230876
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Expense detail: program svcs: fundraising:services performed during events and programs 76,508 1,600total: 76,508 1,600

List of other expenses Part IX line 24E

Expense detail: mgmt & gen:taxes and license 653total: 653

Part III response or note to any other line in Part III

Line 4a: additional program service accomplishmentswe used all of our programs to support texas community initiatives, from packing 100+ sexual and menstrual health kits with birds n bees box to coordinating 50 lunches between free lunch atx and austin ems for vulnerable neighbors in our community. We co-hosted our first-ever pride picnic with pease park, curating 30+ lgbtq+ artists and small business owners, as well as two workshops on clay-making and plant-swapping with the little gay shop and black trans leadership austin.for the first time ever, we worked on collaborative, community-based curatorial projects with the contemporary austin, fusebox festival, the museum of human achievement, luck reunion, visit.org and othr agency. Through these projects, we connected creatives in our programs to new opportunities and nurtured community resources like free exhibition space and the texan feminist throwdown. We also curated some of our most dynamic performances yet, featuring national names like la goony chonga and juliana huxtable. Line 4b: additional program service accomplishmentswith a team of over 250 people and six months of collaboration, the front markets fall season opened for eight full days. The markets buildout generated more than $11,000 in commissions and contracts for women - and queer-owned creative and productions teams in austin. The market connected over 180 women and lgbtq+ vendors from across the state of texas with over 4,000 visitors. Over $1,000 was raised for our programs.

Raw XML AppendixShowing 400 of 405 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProgSrvcAccomActyOtherGrp/Desc0DUE TO COVID SHUTDOWNS,OUR BIANNUAL ENTREPRENEURIAL CONFERENCE, WORK, WAS NOT ACTIVE IN 2021 OR 2022 BUT WILL RETURN AT A LATER DATE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE DIRECTOR REVIEWS RETURN WITH THE GOVERNING BODY BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS AND STAFF MEMBERS AT FUTURE FRONT TX ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST. CONFLICTS OF INTEREST ARE THEN REVIEWED BY OUR BOARD AND MEASURES ARE TAKEN TO ADDRESS THE CONFLICT OF INTEREST. A FAILURE TO DISCLOSE COULD RESULT IN THE REMOVAL OF ONES POSITION FROM THE BOARD OR A STAFF POSITION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. REQUESTS CAN BE MADE VIA THE ORGANIZATIONS CONTACT FORM OR BY EMAILING [email protected].
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXPENSE DETAIL: PROGRAM SVCS: FUNDRAISING:SERVICES PERFORMED DURING EVENTS AND PROGRAMS 76,508 1,600TOTAL: 76,508 1,600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXPENSE DETAIL: MGMT & GEN:TAXES AND LICENSE 653TOTAL: 653
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LINE 4A: ADDITIONAL PROGRAM SERVICE ACCOMPLISHMENTSWE USED ALL OF OUR PROGRAMS TO SUPPORT TEXAS COMMUNITY INITIATIVES, FROM PACKING 100+ SEXUAL AND MENSTRUAL HEALTH KITS WITH BIRDS N BEES BOX TO COORDINATING 50 LUNCHES BETWEEN FREE LUNCH ATX AND AUSTIN EMS FOR VULNERABLE NEIGHBORS IN OUR COMMUNITY. WE CO-HOSTED OUR FIRST-EVER PRIDE PICNIC WITH PEASE PARK, CURATING 30+ LGBTQ+ ARTISTS AND SMALL BUSINESS OWNERS, AS WELL AS TWO WORKSHOPS ON CLAY-MAKING AND PLANT-SWAPPING WITH THE LITTLE GAY SHOP AND BLACK TRANS LEADERSHIP AUSTIN.FOR THE FIRST TIME EVER, WE WORKED ON COLLABORATIVE, COMMUNITY-BASED CURATORIAL PROJECTS WITH THE CONTEMPORARY AUSTIN, FUSEBOX FESTIVAL, THE MUSEUM OF HUMAN ACHIEVEMENT, LUCK REUNION, VISIT.ORG AND OTHR AGENCY. THROUGH THESE PROJECTS, WE CONNECTED CREATIVES IN OUR PROGRAMS TO NEW OPPORTUNITIES AND NURTURED COMMUNITY RESOURCES LIKE FREE EXHIBITION SPACE AND THE TEXAN FEMINIST THROWDOWN. WE ALSO CURATED SOME OF OUR MOST DYNAMIC PERFORMANCES YET, FEATURING NATIONAL NAMES LIKE LA GOONY CHONGA AND JULIANA HUXTABLE. LINE 4B: ADDITIONAL PROGRAM SERVICE ACCOMPLISHMENTSWITH A TEAM OF OVER 250 PEOPLE AND SIX MONTHS OF COLLABORATION, THE FRONT MARKETS FALL SEASON OPENED FOR EIGHT FULL DAYS. THE MARKETS BUILDOUT GENERATED MORE THAN $11,000 IN COMMISSIONS AND CONTRACTS FOR WOMEN - AND QUEER-OWNED CREATIVE AND PRODUCTIONS TEAMS IN AUSTIN. THE MARKET CONNECTED OVER 180 WOMEN AND LGBTQ+ VENDORS FROM ACROSS THE STATE OF TEXAS WITH OVER 4,000 VISITORS. OVER $1,000 WAS RAISED FOR OUR PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4List of other expenses Part IX line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part III response or note to any other line in Part III
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/ReturnTs02023-11-15T15:57:50-05:00
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