Civic Intelligence

Herb Ritts Jr Foundation

990PF • Fiscal year 2018 • EIN 81-0593759

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

9100 Wilshire Blvd No 1000WBeverly Hills, CA 90212

(310) 288-6200

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

2018 filings • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

11th percentile

0.00x

Higher debt load relative to revenue than 11% of similar nonprofits.

2018 filings • $25M-$50M nonprofits • Source year 2018

Net Margin

7th percentile

-37%

Higher net margin than 7% of similar nonprofits.

2018 filings • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

33rd percentile

$150,000

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 14.7% of source-year revenue.

2018 filings • $25M-$50M nonprofits • Source year 2018

Asset Growth

20th percentile

-4.0%

Faster asset growth than 20% of similar nonprofits.

2018 filings • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

67th percentile

11%

Faster revenue growth than 67% of similar nonprofits.

2018 filings • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Down

$27,165,412

Down $1,129,330 (-4.0%) from 2017

Net Assets

Down

$27,164,656

Down $1,130,086 (-4.0%) from 2017

Liabilities

Up

$756

Up $756 from 2017

Revenue

Up

$1,022,451

Up $104,183 (+11%) from 2017

Expenses

Up

$1,404,523

Up $561,386 (+67%) from 2017

Net Income

Down

-$382,072

Down $457,203 (-609%) from 2017

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $37,242,886Liabilities 2011: $02011Assets 2012: $37,484,269Liabilities 2012: $02012Assets 2013: $29,148,945Liabilities 2013: $0Net Assets 2013: $29,148,9452013Assets 2014: $28,285,089Liabilities 2014: $0Net Assets 2014: $28,285,0892014Assets 2015: $27,580,348Liabilities 2015: $0Net Assets 2015: $27,580,3482015Assets 2016: $27,648,074Liabilities 2016: $2,000Net Assets 2016: $27,646,0742016Assets 2017: $28,294,742Liabilities 2017: $0Net Assets 2017: $28,294,7422017Assets 2018: $27,165,412Liabilities 2018: $756Net Assets 2018: $27,164,6562018Assets 2019: $27,965,696Liabilities 2019: $0Net Assets 2019: $27,965,6962019Assets 2020: $26,887,876Liabilities 2020: $0Net Assets 2020: $26,887,8762020Assets 2021: $27,764,413Liabilities 2021: $0Net Assets 2021: $27,764,4132021Assets 2022: $24,957,819Liabilities 2022: $394Net Assets 2022: $24,957,4252022Assets 2023: $24,598,383Liabilities 2023: $2,538Net Assets 2023: $24,595,8452023Assets 2024: $24,405,731Liabilities 2024: $406Net Assets 2024: $24,405,3252024

Highlighted filing

2018

Assets$27,165,412
Liabilities$756
Net Assets$27,164,656

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $953,722Expenses 2011: $1,647,303Net Income 2011: -$693,5812011Revenue 2012: $1,013,976Expenses 2012: $1,655,022Net Income 2012: -$641,0462012Revenue 2013: $1,103,149Expenses 2013: $1,274,262Net Income 2013: -$171,1132013Revenue 2014: $668,981Expenses 2014: $1,583,649Net Income 2014: -$914,6682014Revenue 2015: $786,490Expenses 2015: $1,681,179Net Income 2015: -$894,6892015Revenue 2016: $871,618Expenses 2016: $1,936,752Net Income 2016: -$1,065,1342016Revenue 2017: $918,268Expenses 2017: $843,137Net Income 2017: $75,1312017Revenue 2018: $1,022,451Expenses 2018: $1,404,523Net Income 2018: -$382,0722018Revenue 2019: $980,588Expenses 2019: $1,338,842Net Income 2019: -$358,2542019Revenue 2020: $789,112Expenses 2020: $1,206,209Net Income 2020: -$417,0972020Revenue 2021: $889,710Expenses 2021: $1,200,202Net Income 2021: -$310,4922021Revenue 2022: $910,257Expenses 2022: $1,377,670Net Income 2022: -$467,4132022Revenue 2023: $1,111,810Expenses 2023: $1,295,012Net Income 2023: -$183,2022023Revenue 2024: $1,115,981Expenses 2024: $1,424,871Net Income 2024: -$308,8902024

Highlighted filing

2018

Revenue$1,022,451
Expenses$1,404,523
Net Income-$382,072
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK MCKENNAExecutive DirectorFT$150,000-$150,000
WARREN GRANTDirectorFT$18,350-$18,350
ERIK HYMANDirectorFT$18,350-$18,350
STEVE FINKDirectorFT$18,350-$18,350
MICHAEL WHALENDirectorFT$18,350-$18,350
STEPHEN HUVANEDirectorFT$14,650-$14,650
RICHARD GEREDirectorFT$7,250-$7,250
Filing and Contact Details

Filer

Filer Name
Herb Ritts Foundation
EIN
81-0593759
Phone
3102886200
Address
9100 WILSHIRE BLVD NO 1000W, BEVERLY HILLS, CA 90212

Signing Officer

Name
Mark Mckenna
Title
President
Phone
3102886200
Signed
2019-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Grant Tani Barash & Altman LLC
Address
PO BOX 5623, BEVERLY HILLS, CA 90209-5623
Preparer
Richard Mellett
Phone
3102886200
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DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc21COMPUTER EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc22COMPUTER EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc23COMPUTER EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc24COMPUTER EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc25COMPUTER EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc26COMPUTER EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc27COMPUTER EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc28OFFICE EQUIPMENT & FURNISHINGS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc29PROFESSIONAL EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc30COMPUTER EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc31COMPUTER EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc32OFFICE EQUIPMENT & FURNISHINGS
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc33COMPUTER EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc34COMPUTER EQUIPMENT
DepreciationSchedule/DepreciationPropertyGrp/PropertyDesc35COMPUTER EQUIPMENT
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt0324471
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt0324471
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm0CLOSELY HELD CORPORATION
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt07224761
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt1262098
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt0MARKETABLE SECURITIES
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt1PARTNERSHIP INVESTMENTS
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt07224761
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt1262098
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd0FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd1FMV
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionAmt0271315
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt0410032
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd018
IRS990PF/AnalysisIncomeProducingActyGrp/GrossProfitLossSlsOfInvntryGrp/ExclusionCd005
IRS990PF/AnalysisIncomeProducingActyGrp/GrossProfitLossSlsOfInvntryGrp/RelatedOrExemptFunctionIncmAmt0222879
IRS990PF/AnalysisIncomeProducingActyGrp/OtherInvestmentIncmPartVIIGrp/BusinessCd0900003
IRS990PF/AnalysisIncomeProducingActyGrp/OtherInvestmentIncmPartVIIGrp/ExclusionAmt075683
IRS990PF/AnalysisIncomeProducingActyGrp/OtherInvestmentIncmPartVIIGrp/ExclusionCd015
IRS990PF/AnalysisIncomeProducingActyGrp/OtherInvestmentIncmPartVIIGrp/UnrelatedBusinessTaxblIncmAmt042542
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt0757030
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/RelatedOrExemptFunctionIncmAmt0222879
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/UnrelatedBusinessTaxblIncmAmt042542
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt01022451
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt017500
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt015000
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt050000
IRS990PF/AnalysisOfRevenueAndExpenses/AdjustedNetIncomeAmt01026
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt0410032
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstDsbrsChrtblAmt091452
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstNetInvstIncmAmt091452
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt0245300
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt0607606
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt0607606
IRS990PF/AnalysisOfRevenueAndExpenses/CostOfGoodsSoldAmt083966
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnRevAndExpnssAmt04926
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt0271315
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt0271315
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-382072
IRS990PF/AnalysisOfRevenueAndExpenses/GrossProfitRevAndExpnssAmt0222879
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesLessRetAndAllwncAmt0306845
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt02229068
IRS990PF/AnalysisOfRevenueAndExpenses/IncmModificationsAdjNetIncmAmt01026
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt0410032
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt0597560
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyDsbrsChrtblAmt019734
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyRevAndExpnssAmt078936
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsDsbrsChrtblAmt032697
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsRevAndExpnssAmt0130787
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt0109505
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt05343
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt0184224
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeNetInvstIncmAmt075683
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt0118225
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesDsbrsChrtblAmt09500
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesNetInvstIncmAmt041404
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt060404
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt05215
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesNetInvstIncmAmt06271
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt039909
IRS990PF/AnalysisOfRevenueAndExpenses/TotalAdjNetIncmAmt01026
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt0895032
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt0159470
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt01404523
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt0757030
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt01022451
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt0287426
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt0159470
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt0796917
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingDsbrsChrtblAmt01823
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingRevAndExpnssAmt02431
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt02017-11-30
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt12016-03-31
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt22017-06-26
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt32017-04-07
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt42018-01-24
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt52014-07-09
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt62016-10-24
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt72017-12-12
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt82017-04-10
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt92017-05-10
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt102018-01-17
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt112015-03-19
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt122015-07-08
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt132017-01-03
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt142017-10-16
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt152012-10-16
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt162013-08-06
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt172016-05-19
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt182017-02-17
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt192017-07-06
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt202017-12-14
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt212018-01-11
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt222018-04-19
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt232016-10-27
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt242017-03-16
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt252018-01-22
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt262013-03-14
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt272013-07-08
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt282015-11-17
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt292016-10-21
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt302017-01-10
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt312017-03-16
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt322018-06-22
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt332017-08-21
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt342017-10-24

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.4$0.00$24.4$1.12$1.42$0.31
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.6$0.00$24.6$1.11$1.30$0.18
2022Detailed filing. Detailed filing data is available for this year.$25.0$0.00$25.0$0.91$1.38$0.47
2021Detailed filing. Detailed filing data is available for this year.$27.8$0.00$27.8$0.89$1.20$0.31
2020Detailed filing. Detailed filing data is available for this year.$26.9$0.00$26.9$0.79$1.21$0.42
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.0$0.00$28.0$0.98$1.34$0.36
2018Detailed filing. Detailed filing data is available for this year.$27.2$0.00$27.2$1.02$1.40$0.38
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.3$0.00$28.3$0.92$0.84$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.6$0.00$27.6$0.87$1.94$1.07
2015Detailed filing. Detailed filing data is available for this year.$27.6$0.00$27.6$0.79$1.68$0.89
2014Detailed filing. Detailed filing data is available for this year.$28.3$0.00$28.3$0.67$1.58$0.91
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.1$0.00$29.1$1.10$1.27$0.17
2012Summary only. Only limited summary data is available for this year.$37.5$0.00$1.01$1.66$0.64
2011Summary only. Only limited summary data is available for this year.$37.2$0.00$0.95$1.65$0.69