Civic Intelligence

Bric Foundation

EIN 83-1408476 • 501(c)3 • North Hollywood, CA

Profile

BRIC Foundation has one main goal: to increase representation in Entertainment, Gaming, Media and Tech. By strategically engaging with leaders across these industries, along with Government and Education Partners, BRIC strives to Break, Reinvent, Impact and Change the foundations of these businesses and create inclusive opportunities for women and underrepresented people to be successful.

5735 Lemp AveNorth Hollywood, CA 91601

bricfoundation.org

Siviq Scores

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

Liabilities / Assets

74th percentile

0.30x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.15x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

44th percentile

1.8%

Higher net margin than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

90th percentile

51%

Faster asset growth than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

70%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$768,527

Up $259,002 (+51%) from 2023

Liabilities

Up

$230,673

Up $230,673 from 2023

Net Assets

Up

$537,854

Up $28,329 (+5.6%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin44th percentile

Revenue

Up

$1,558,386

Up $639,900 (+70%) from 2023

Expenses

Up

$1,530,057

Up $1,019,354 (+200%) from 2023

Net Income

Down

$28,329

Down $379,454 (-93%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth90th percentile

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

$800K$600K$400K$200K$0Assets 2021: $102,723Liabilities 2021: $0Net Assets 2021: $102,7232021Assets 2022: $101,742Liabilities 2022: $0Net Assets 2022: $101,7422022Assets 2023: $509,525Liabilities 2023: $0Net Assets 2023: $509,5252023Assets 2024: $768,527Liabilities 2024: $230,673Net Assets 2024: $537,8542024

Highlighted filing

2024

Assets$768,527
Liabilities$230,673
Net Assets$537,854
Open 2024 Filing

Operations Trend

Revenue Growth89th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2021: $211,670Expenses 2021: $122,567Net Income 2021: $89,1032021Revenue 2022: $336,022Expenses 2022: $337,003Net Income 2022: -$9812022Revenue 2023: $918,486Expenses 2023: $510,703Net Income 2023: $407,7832023Revenue 2024: $1,558,386Expenses 2024: $1,530,057Net Income 2024: $28,3292024

Highlighted filing

2024

Revenue$1,558,386
Expenses$1,530,057
Net Income$28,329
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$768,527
Liabilities
$230,673
Net assets
$537,854
Revenue
$1,558,386
Expenses
$1,530,057
Net income
$28,329
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.23$0.54$1.56$1.53$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.92$0.51$0.41
2022Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.34$0.34$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.21$0.12$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 30, 2025
Return Version
2024v5.0
Gross Receipts
$1,558,734
Mission and Program Overview

Mission

BRIC Foundation has one main goal: to increase representation in Entertainment, Gaming, Media and Tech. By strategically engaging with leaders across these industries, along with Government and Education Partners, BRIC strives to Break, Reinvent, Impact and Change the foundations of these businesses and create inclusive opportunities for women and underrepresented people to be successful.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$440,533$518,801▲ $78,268
Pledges and Grants Receivable$68,992$242,063▲ $173,071
Prepaid Expenses and Deferred Charges$0$7,663▲ $7,663
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Total Assets$509,525$768,527▲ $259,002
Liabilities
Accounts Payable and Accrued Expenses-$219,173-
Deferred Revenue-$11,500-
Total Liabilities$0$230,673▲ $230,673
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$509,525$537,854▲ $28,329
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$509,525$537,854▲ $28,329
Total Liabilities and Net Assets / Fund Balance$509,525$768,527▲ $259,002
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicole HendrixChairman/Executive DirectorFT$119,231$1,108$120,339
Carl GistBoard Member-$33,728-$33,728
Alison MannVice Chair/Director of TalentPT$23,608$277$23,885

Board Members and Trustees

NameTitle
Alisha HinesBoard Member
Brandon SharpBoard Member
Dionne McNeffBoard Member
Matthew WayneeBoard Member
Zulema UriarteBoard Member
Rabia AbedinSecretary
Larry LaboeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$618,477
Program Service Revenue
$935,520
Investment Income
$0
Other Revenue
$4,389
All Other Contributions
$618,477
Change in Net Assets
$28,329
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,215,822
Salaries, Compensation, and Employee Benefits$314,235
Total Fundraising Expense$4,843
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$997,713$29,789$4,671$1,032,173
Current Officers, Directors, Trustees, and Key Employees$160,828$16,814-$177,642
Other Salaries and Wages$108,771$27,039-$135,810
Other Expenses$56,561$-1,718$172$55,015
Office Expenses$15,708$19,048-$34,756
Fees for Services Accounting-$26,595-$26,595
Travel$19,079$6,638-$25,717
Insurance-$7,590-$7,590
Advertising$4,966$1,185-$6,151
Other Employee Benefits$783--$783
Occupancy$300--$300
Total Functional Expenses$1,390,901$134,313$4,843$1,530,057
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11B

“A full copy of the 990form gets emailed before a board meeting and it gets discuss at the meeting.”

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

“BRIC Foundation is concerned with conflicts of interest that create actual or potential job-related concerns, especially in the areas of confidentiality, customer relations, safety, security, and morale. If there is any actual or potential conflict of interest between you and a competitor, supplier, distributor, or contractor to the BRIC, you must disclose it to your Manager. If an actual or potential conflict of interest is determined to exist, the BRIC will take such steps as it deems necessary to reduce or eliminate this conflict.”

Form 990, Part VI, Section B, Line 15

“A review of of other organization 990s, the board makes a decision based on votes.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Bric Foundation
EIN
83-1408476
Address
5735 Lemp Ave, North Hollywood, CA 91601

Signing Officer

Name
Nicole Hendrix
Title
Executive Director
Signed
2025-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicole Hendrix
Formed
2020
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
7
Employees
5
Volunteers
62

Preparer

Firm
100 Degrees Consulting
Address
PO Box 222, Clarence Center, NY 14032
Preparer
Stephanie Skryzowski
Phone
6786324534
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“The other services fees are line items: Contractors, Intern Stipends, Payroll Fees, Supportive Services, and Taxes & Licenses.”

Raw XML AppendixShowing 400 of 469 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/OtherSalariesAndWagesGrp/TotalAmt0135810
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt068992
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0242063
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07663
IRS990/PrincipalOfficerNm0Nicole Hendrix
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0512000
IRS990/ProgramServiceRevenueGrp/BusinessCd1512000
IRS990/ProgramServiceRevenueGrp/BusinessCd2611430
IRS990/ProgramServiceRevenueGrp/Desc0Apprentice Program
IRS990/ProgramServiceRevenueGrp/Desc1Program Revenue
IRS990/ProgramServiceRevenueGrp/Desc2High School Programming
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0925461
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16731
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23328
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0925461
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16731
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23328
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0BRIC served 5.9K attendees from 93 countries at the 2024 BRIC Summit virtually and 220 in person during industry day. Over 100 actionable solutions were collaboratively created.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0100753
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt088753
IRS990/ProgSrvcAccomActy3Grp/Desc0BRIC's Pre-Apprenticeship program included a speaker series reaching 531 classrooms nationwide. Supported their school districts (Centinela Valley Unified High School District, Inglwood Unified School District and Los Angeles Unified School District) with curriculum alignment, outreach support, portfolio support, and bootcamps for students from six schools.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt074790
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt076059
IRS990/ProgSrvcAccomActyOtherGrp/Desc0BRIC helped over 200 high school students prepare and attend LightBox Expo- the largest concept art/animation conference in the US, launched their digital badging program, and provided educator support for apprenticeship alignment.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1BRIC convenes employers, educators, legislators, and community partners together to advance creative economy careers and workforce needs.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt059622
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt156482
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt078969
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt1157225
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0726139
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0316034
IRS990/PYOtherRevenueAmt0700
IRS990/PYProgramServiceRevenueAmt0191647
IRS990/PYRevenuesLessExpensesAmt0407783
IRS990/PYSalariesCompEmpBnftPaidAmt0194669
IRS990/PYTotalExpensesAmt0510703
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0918486
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt028329
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01142625
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0618477
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0726139
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0316522
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0211670
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt041097
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01913905
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0211147
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01582817
IRS990ScheduleA/SubstantialContributorsTotAmt0331088
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0618477
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0726139
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0316522
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0211670
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt041097
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01913905
IRS990ScheduleA/TotalSupportAmt01913905
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A full copy of the 990form gets emailed before a board meeting and it gets discuss at the meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BRIC Foundation is concerned with conflicts of interest that create actual or potential job-related concerns, especially in the areas of confidentiality, customer relations, safety, security, and morale. If there is any actual or potential conflict of interest between you and a competitor, supplier, distributor, or contractor to the BRIC, you must disclose it to your Manager. If an actual or potential conflict of interest is determined to exist, the BRIC will take such steps as it deems necessary to reduce or eliminate this conflict.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A review of of other organization 990s, the board makes a decision based on votes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The other services fees are line items: Contractors, Intern Stipends, Payroll Fees, Supportive Services, and Taxes & Licenses.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0509525
IRS990/TotalAssetsEOYAmt0768527
IRS990/TotalAssetsGrp/BOYAmt0509525
IRS990/TotalAssetsGrp/EOYAmt0768527
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0618477
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04843
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0134313
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01390901

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