Civic Intelligence

Ifta Foundation

EIN 71-0944489 • 501(c)3 • Los Angeles, CA

Profile

The IFTA Foundation's purpose is to strengthen diversify or otherwise serve the needs of the Independent film and television industry's creative community by providing educational opportunities to individuals who demonstrate an interest in the arts and entertainment and by supporting other meaningful programs and charities.

11845 W Olympic Blvd Ste 850WLos Angeles, CA 90064
Siviq Scores

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

Liabilities / Assets

97th percentile

3.71x

Higher debt load relative to assets than 97% of similar nonprofits.

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

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

Asset Growth

52nd percentile

-0.5%

Faster asset growth than 52% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$306

Down $3 (-1.0%) from 2022

Liabilities

Up

$1,135

Up $669 (+144%) from 2022

Net Assets

Down

-$829

Down $672 (-428%) from 2022

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2022

Expenses

Down

$160

Down $306 (-66%) from 2022

Net Income

Up

-$160

Up $306 (+66%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth52nd percentile

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

$1.5K$1.0K$500$0-$500-$1.0KAssets 2021: $697Liabilities 2021: $388Net Assets 2021: $3092021Assets 2022: $309Liabilities 2022: $466Net Assets 2022: -$1572022Assets 2024: $306Liabilities 2024: $1,135Net Assets 2024: -$8292024

Highlighted filing

2024

Assets$306
Liabilities$1,135
Net Assets-$829
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$500$0-$500Revenue 2022: $0Expenses 2022: $466Net Income 2022: -$4662022Revenue 2024: $0Expenses 2024: $160Net Income 2024: -$1602024

Highlighted filing

2024

Revenue$0
Expenses$160
Net Income-$160
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$306
Liabilities
$1,135
Net assets
-$829
Revenue
$0
Expenses
$160
Net income
-$160
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$306$1,135$829$0$160$160
2022Detailed filing. Detailed filing data is available for this year.$309$466$157$0$466$466
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$697$388$309
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

TheIFTAFoundation'spurposeistostrengthen,diversifyorotherwiseservetheneedsoftheIndependentfilmandtelevisionindustry'screativecommunitybyprovidingeducationalopportunitiestoindividualswhodemonstrateaninterestintheartsandentertainment,andbysupportingothermeaningfulprogramsandcharities.

See Schedule O

Program Services

DescriptionGrantsExpenses
See Schedule O - Note: Related expenses are $0 as IFTA 501c6 staff provides administrative support including legal and financial to the IFTA foundation as part of their employment with IFTA.$0$0
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian BeckmannDirector-$0--
Lisa GutberletDirector-$0--
Clay EpsteinDirector-$0--
Lise RomanoffDirector-$0--
Scott BednoDirector-$0--
Nat McCormickDirector-$0--
Jean PrewittPresident-$0--
Susan ClearyCOO Non-Statutory Advisor-$0--
Sara GarciaVP Finance Non-Statutory Advisor-$0--
Filing and Contact Details

Filer

Filer Name
Ifta Foundation
EIN
71-0944489
In Care Of
% Sara Garcia
Address
11845 W OLYMPIC BLVD STE 850W, LOS ANGELES, CA 90064

Signing Officer

Name
Sara Garcia
Title
Vice President Finance
Signed
2025-05-06
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Taxes & Licenses, $160|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Other assets, $25, $25|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Other Liabilities, $1000, $1000| Accounts Payable, $0, $135|”

Raw XML Appendix202 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Sara Garcia Vice President Finance
IRS990EZ/BooksInCareOfDetail/PhoneNum03104461044
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011845 W OLYMPIC BLVD STE 850W
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090064
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0306
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-160
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt0306
IRS990EZ/FundraisingGrossIncomeAmt00
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IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-669
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-829
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-669
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-829
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Brian Beckmann
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Lisa Gutberlet
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Clay Epstein
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Lise Romanoff
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Scott Bedno
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Nat McCormick
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Jean Prewitt
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Susan Cleary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Sara Garcia
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7COO non-statutory advisor
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8VP Finance non-statutory advisor
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt025
IRS990EZ/OtherAssetsTotalDetail/EOYAmt025
IRS990EZ/OtherExpensesTotalAmt0160
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0See Schedule O
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0See Schedule O - Note: Related expenses are $0 as IFTA 501c6 staff provides administrative support including legal and financial to the IFTA foundation as part of their employment with IFTA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/StatesWhereCopyOfReturnIsFldCd1DC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01135
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0160
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd0true
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The staff at IFTA perform all administrative duties and financial reporting for IFTA Foundation pro bono and having filed IFTAs Form 990 are fully aware that IFTA is qualified under section 501c 6 and satisfies the public support tests under section 509a2.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1Section A Line 3c: The IFTA Foundations governance structure is designed to provide maximum control ensuring that its activities and programs support the charitable purposes of the Independent Film & Television Alliance IFTA an Internal Revenue Section 501c 6 organization. Specifically the IFTA Foundations Board of Directors is composed of IFTAs Executive Committee and such appointments are confirmed each year by the IFTA Board. The day-to-day oversight of the IFTA Foundations activities and programs is administered by IFTA staff who also ensure operational compliance with the Foundations bylaws including its narrowly stated purpose to perform and carry out the charitable purposes of IFTA.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2The staff of IFTA perform all administrative duties and financial reporting for the IFTA Foundation. IFTAs Executive Committee serves as the Board of the IFTA Foundation along with other Directors appointed by the IFTA Executive Committee for service on the IFTA Foundation Board.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3The IFTA Foundation operates exclusively to provide charitable support to the Independent Film & Television Alliance IFTA an Internal Revenue Section 501 c 6 organization. Its activities are responsible to IFTA and directly further IFTAs exempt purpose specifically serving the charitable portion of IFTAs mission through the placement of students in academic credit internships with IFTA member companies and the operation of other initiatives such as educational programs to strengthen diversify and otherwise serve the needs of the independent film and television industry.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section A line 3B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part IV, Section A line 3C
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2Part IV, Section D, line 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3Part IV Section E, line 2A
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0953538775
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Independent Film & TV Alliance 501 c 6
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Taxes & Licenses, $160|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Explanation:, BOYAmount:, EOYAmount:| Other assets, $25, $25|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Other Liabilities, $1000, $1000| Accounts Payable, $0, $135|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Sara Garcia
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President Finance
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IFTA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0IFTA
ReturnHeader/Filer/EIN0710944489
ReturnHeader/Filer/ForeignPhoneNum03104461000
ReturnHeader/Filer/InCareOfNm0% Sara Garcia
ReturnHeader/Filer/USAddress/AddressLine1Txt011845 W OLYMPIC BLVD STE 850W
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090064
ReturnHeader/ReturnTs02025-05-05T17:13:38-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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