Form 990 for tax year 2024
Filed by HELOTES FESTIVAL ASSOCIATION INC.
Totals
- Total revenue
- $332,993
- Total expenses
- $265,208
- Contributions and grants received
- $4,579
- Grants paid
- $72,508
- Program service revenue
- $0
- Investment income
- $7,806
- Other revenue
- $320,608
- Total assets, end of year
- $1,777,278
- Total liabilities, end of year
- -$7,133
- Net assets or fund balances, end of year
- $1,784,411
- Program services expenses (Part IX)
- $166,902
- Management and general expenses
- $17,794
- Fundraising expenses
- $80,512
- Program service expenses (Part III)
- $166,902
Program services were 62.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$650
-
1f · All other contributions, gifts and grants
$3,929
-
3 · Investment income
total $7,806 · related or exempt $7,806
-
6a · Gross rents
real property $71,440
-
6b · Less rental expenses
personal property $19,052
-
6c · Rental income or loss
real property $71,440 · personal property -$19,052
-
6d · Net rental income or loss
total $52,388 · related or exempt $52,388
-
8a · Fundraising events: gross income
$780,289
-
8b · Fundraising events: direct expenses
$512,069
-
8c · Net income from fundraising events
total $268,220 · excluded $268,220
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $48,508 · program services $48,508
-
2 · Grants to domestic individuals
total $24,000 · program services $24,000
-
11b · Fees: legal
total $563 · management and general $563
-
11c · Fees: accounting
total $2,050 · management and general $2,050
-
11g · Fees: other
total $6,075 · program services $6,075
-
13 · Office expenses
total $3,011 · management and general $3,011
-
16 · Occupancy
total $170 · program services $170
-
19 · Conferences, conventions and meetings
total $7,519 · program services $7,519
-
20 · Interest
total $3,338 · management and general $3,338
-
22 · Depreciation, depletion and amortization
total $29,027 · fundraising $29,027
-
23 · Insurance
total $51,485 · fundraising $51,485
-
24a · Other expenses: Bank Charges
total $4,860 · management and general $4,860
-
24b · Other expenses: Telephone
total $3,972 · management and general $3,972
-
24c · Other expenses: Utilities
total $14,871 · program services $14,871
-
24d · Other expenses: Grounds Maintenance
total $62,392 · program services $62,392
-
24e · All other expenses
total $3,367 · program services $3,367
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $250,176 · end of year $285,164
-
2 · Savings and temporary cash investments
beginning of year $213,987 · end of year $115,661
-
9 · Prepaid expenses and deferred charges
beginning of year $10,429 · end of year $45,281
-
10a · Land, buildings and equipment: cost or other basis
$1,866,421
-
10b · Land, buildings and equipment: accumulated depreciation
$536,353
-
10c · Land, buildings and equipment, net
beginning of year $1,330,068 · end of year $1,330,068
-
14 · Intangible assets
beginning of year $1,104 · end of year $1,104
-
17 · Accounts payable and accrued expenses
beginning of year $13,420 · end of year -$7,133
-
23 · Secured mortgages and notes payable
beginning of year $75,718
-
27 · Net assets without donor restrictions
beginning of year $1,716,626 · end of year $1,784,411
Mission and programs · 2024
Mission
The Helotes Festival Association, INC. promotes community goodwill and preserves the heritage of Helotes, TX.
-
The Helotes Festival Association, INC. promotes community goodwill and preserves the heritage of The Helotes area through education grants to students, grants to non-profit charitable organizations, youth organizations, education organizations, religious organizations, representation of the helotes area in neighboring community events and providing facilities for events that promote their expempt funcitions.
Expenses $166,902 · Grants $72,508
As filed on the 2024 return.
Listed in Part VII
-
Joe Reeves
Director
- Total calculated
- $0
- Hours/week
- 20
-
Jamie Taylor
Director
- Total calculated
- $0
- Hours/week
- 20
-
Maxine Benke
Director
- Total calculated
- $0
- Hours/week
- 10
-
Travis Lorton
Director
- Total calculated
- $0
- Hours/week
- 5
-
Bryce Noah
Director
- Total calculated
- $0
- Hours/week
- 10
-
Tammy Carpenter
Director
- Total calculated
- $0
- Hours/week
- 3
-
Danny Smith
Director
- Total calculated
- $0
- Hours/week
- 5
-
David Gray
President
- Total calculated
- $0
- Hours/week
- 40
-
Monique Reardon
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Jennifer Nowlin
Vice President
- Total calculated
- $0
- Hours/week
- 40
-
Amanda Palos
Secretary
- Total calculated
- $0
- Hours/week
- 10
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$10,025
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 9 March 2026
- IRS schema version
- 2024v5.2
- Source object
- 202620689349300332
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