Civic Intelligence

Homefront Fund

990 • Fiscal year 2021 • EIN 85-1026889

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 08, 2022

1023 Springdale Road 1JAustin, TX 78721

(512) 905-4223

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.81x

Higher debt load relative to assets than 93% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

96th percentile

1.78x

Higher debt load relative to revenue than 96% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

8th percentile

-95%

Higher net margin than 8% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

69th percentile

25%

Faster asset growth than 69% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

9th percentile

-72%

Faster revenue growth than 9% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$360,788

Up $72,468 (+25%) from 2020

Net Assets

Down

$68,819

Down $105,069 (-60%) from 2020

Liabilities

Up

$291,969

Up $177,537 (+155%) from 2020

Revenue

Down

$163,791

Down $426,308 (-72%) from 2020

Expenses

Down

$318,664

Down $97,547 (-23%) from 2020

Net Income

Down

-$154,873

Down $328,761 (-189%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2020: $288,320Liabilities 2020: $114,432Net Assets 2020: $173,8882020Assets 2021: $360,788Liabilities 2021: $291,969Net Assets 2021: $68,8192021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2021

Assets$360,788
Liabilities$291,969
Net Assets$68,819

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2020: $590,099Expenses 2020: $416,211Net Income 2020: $173,8882020Revenue 2021: $163,791Expenses 2021: $318,664Net Income 2021: -$154,8732021Revenue 2022: $276,655Expenses 2022: $296,350Net Income 2022: -$19,6952022

Highlighted filing

2021

Revenue$163,791
Expenses$318,664
Net Income-$154,873
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 8, 2022
Return Version
2021v4.2
Gross Receipts
$163,791
Mission and Program Overview

Mission

Homefront's mission is to address issues associated with austin's affordability crisis, including homelessness, food insecurity and no economic opportunity.

Homefront engages stakeholders to find innovative solutions to austin's most critical and unmet needs. Based on sustainability and potential for impact, we provide funding, shared services and professional services to accelerate existing programs or pilot and launch new ones.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$149,926$249,125▲ $99,199
Other Notes and Loans Receivable, Net$100,000$100,000→ $0
Rtn Earn Endowment Incm Other Fnds$173,888$68,819▼ $105,069
Cash and Non-Interest-Bearing Accounts$38,394$11,663▼ $26,731
Loans From Officers Directors-$5,306-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$288,320$360,788▲ $72,468
Liabilities
Accounts Payable and Accrued Expenses$32,813$153,917▲ $121,104
Other Liabilities$81,619$132,746▲ $51,127
Total Liabilities$114,432$291,969▲ $177,537
Net Assets / Fund Balance
Total Net Assets Fund Balance$173,888$68,819▼ $105,069
Total Liabilities and Net Assets / Fund Balance$288,320$360,788▲ $72,468

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$49,740--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dan GrahamBoard Member
Lawton CummingsBoard Member
Barbara DanielsBoard Member & CFO

Highest Paid Contractors

ContractorServicesLocationCompensation
Notley FoundationManagement And Consulting Services1023 SPRINGDALE ROAD 1J, Austin, TX 78721$166,800
Revenue and Support

Revenue Composition

Contributions and Grants
$157,366
Program Service Revenue
$0
Investment Income
$7,026
Other Revenue
$-601
All Other Contributions
$126,366
Change in Net Assets
$-154,873
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$316,164
Grants and Similar Amounts Paid$2,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$109,200$49,500-$158,700
Fees for Services Other$129,013--$129,013
Fees for Services Accounting$1,800$6,200-$8,000
Travel$6,204--$6,204
Office Expenses$5,525$89-$5,614
Advertising$3,765--$3,765
Grants to Domestic Orgs$2,500--$2,500
Fees for Services Legal-$2,450-$2,450
Conferences and Meetings$847--$847
Interest$417--$417
Other Expenses$846$308-$308
Total Functional Expenses$260,117$58,547$0$318,664
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-DirectorManagement and Consulting ServicesNo$28,406

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$5,306-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notley Foundation$131,204
Humanize$1,542
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Barbara daniels is employed by director dan graham's wholly owned company.

Form 990, Part VI, Section A, Line 3

Management and operational services such as accounting, programming, business development and fundraising are provided by notley foundation, a related 501(c)(3) organization.

Form 990, Part VI, Section B, Line 11B

The treasurer reviews the 990 before filing.

Form 990, Part VI, Section B, Line 12C

The policy is monitored and compliance enforced through board of directors meetings or other direct communication.

Form 990, Part VI, Section C, Line 19

All required documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Homefront Fund
EIN
85-1026889
Phone
5129054223
Address
1023 SPRINGDALE ROAD 1J, AUSTIN, TX 78721

Signing Officer

Name
Dan Graham
Title
CFO
Phone
5129054223
Signed
2022-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Graham
Formed
2020
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Maxwell Locke & Ritter Llp
Address
401 CONGRESS AVENUE SUITE 1100, AUSTIN, TX 78701-9682
Preparer
Sean Holcomb
Phone
5123703200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract labor: program service expenses 93,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 93,000. External consulting: program service expenses 36,013. Management and general expenses 0. Fundraising expenses 0. Total expenses 36,013.

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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd10
IRS990ScheduleL/TotalBalanceDueAmt05306
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BARBARA DANIELS IS EMPLOYED BY DIRECTOR DAN GRAHAM'S WHOLLY OWNED COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT AND OPERATIONAL SERVICES SUCH AS ACCOUNTING, PROGRAMMING, BUSINESS DEVELOPMENT AND FUNDRAISING ARE PROVIDED BY NOTLEY FOUNDATION, A RELATED 501(C)(3) ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TREASURER REVIEWS THE 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE POLICY IS MONITORED AND COMPLIANCE ENFORCED THROUGH BOARD OF DIRECTORS MEETINGS OR OTHER DIRECT COMMUNICATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL REQUIRED DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACT LABOR: PROGRAM SERVICE EXPENSES 93,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 93,000. EXTERNAL CONSULTING: PROGRAM SERVICE EXPENSES 36,013. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,013.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NOTLEY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NOTLEY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2NOTLEY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3NOTLEY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4NOTLEY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NOTLEY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1BEAM FOUNDERS NETWORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2NATURALLY AUSTIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3PHILANTHROPITCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4CAPITAL OF TEXAS MEDIA FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5NOTLEY IMPACT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0475295639
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1384135318
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2833801184
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3811374280
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4463398438
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5853304316
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt5501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd5TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SOCIAL IMPACT INVESTING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1INVESTED IN COMPANIES FOUNDED BY WOMEN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2FOSTER LEADERSHIP AND ENTREPRENEURSHIP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3HELPING INNOVATIVE NONPROFITS SCALE SUSTAINABLE MODELS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4PROMOTE UNDERSTANDING AND ENGAGEMENT IN PUBLIC AND GOVERNMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5EDUCATIONAL AND CHARITABLE PURPOSE TO ACCELERATE SOCIAL IMPACT & INNOVATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt3LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt4LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01023 SPRINGDALE ROAD SUITE 1J
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11023 SPRINGDALE ROAD SUITE 1J
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt21023 SPRINGDALE ROAD SUITE 1J
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt31023 SPRINGDALE ROAD SUITE 1J
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt41023 SPRINGDALE ROAD SUITE 1J
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt51023 SPRINGDALE ROAD SUITE 1J
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0AUSTIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1AUSTIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2AUSTIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3AUSTIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm4AUSTIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm5AUSTIN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd4TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd5TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd078721
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd178721
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd278721
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd378721
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd478721
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd578721
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0166800
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0NOTLEY FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00

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