Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
EIN 88-1653141 • 501(c)3 • Studio City, CA
Profile
The hrts foundation aims to foster diversity, equity, and inclusion in the entertainment industry. Our first initiative was the fellowship program, designed to help launch and nurture the careers of tv and entertainment professionals and creatives from underrepresented groups who stand to make great contributions to hrts and the industry.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
99th percentile
Higher net margin than 99% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Assets
Down$6,082
Down $95,397 (-94%) from 2023
Liabilities
Up$33,006
Up $6,664 (+25%) from 2023
Net Assets
Down-$26,924
Down $102,061 (-136%) from 2023
Revenue
Down-$94,216
Down $147,786 (-276%) from 2023
Expenses
Down$7,845
Down $7,128 (-48%) from 2023
Net Income
Down-$102,061
Down $140,658 (-364%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.06 | $0.33 | $0.27 | $0.94 | $0.08 | $1.02 |
| 2023Detailed filing. Detailed filing data is available for this year. | $1.01 | $0.26 | $0.75 | $0.54 | $0.15 | $0.39 |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.78 | $0.41 | $0.37 | $0.73 | $0.36 | $0.37 |
In support of the hrts foundations mission to foster a more diverse, equitable, and inclusive tv and entertainment industry, the hrts fellowship program is designed to help launch the careers of 10 jhrts members and 5 academic members who stand to make great contributions to hrts and the industry. Participants are paired with a career advisor and receive a guaranteed pairing in the hrts mentorship program. It is in its third year.
| Description | Grants | Expenses |
|---|---|---|
| COMPLETED THE SECOND YEAR OF OUR FELLOWSHIP PROGRAM. FIFTEEN PARTICIPANTS SUCCESSFULLY MATRICULATED FROM THE PROGRAM. | - | $5,635 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| PHILIPPE MAIGRET | President | - | $0 | - | - |
| MELISSA GREGO | Chairperson | - | $0 | - | - |
| ROBIN SCHWARTZ | Secretary | - | $0 | - | - |
| LOUIE KO | Treasurer | - | $0 | - | - |
| ODETTA WATKINS | Board Member | - | $0 | - | - |
| SCOTT HERVEY | Board Member | - | $0 | - | - |
| GARY MARENZI | Board Member | - | $0 | - | - |
| DAN ERLIJ | Board Member | - | $0 | - | - |
| JORDAN LEVIN | Board Member | - | $0 | - | - |
| AIME BILLON | Board Member | - | $0 | - | - |
| DICK LIPPIN | Board Member | - | $0 | - | - |
| FREDERIC RICHTER | Board Member | - | $0 | - | - |
| KEELY CAT-WELLS | Board Member | - | $0 | - | - |
| NORI KELLEY | Board Member | - | $0 | - | - |
| TONY JONAS | Board Member | - | $0 | - | - |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Annual Gala | $35,095 | - | $57,753 | - |
| Total Events | $35,095 | - | $147,811 | $-147,811 |
“Expenses hardware & software 73 fellowship program 5,635 bank fees 102 merchant fees 313 business expenses 17 total 6,140”
“Due to hrts 26,342 33,006”
“In support of the hrts foundations mission to foster a more diverse, equitable, and inclusive tv and entertainment industry, the hrts fellowship program is designed to help launch the careers of 10 jhrts members and 5 academic members who stand to make great contributions to hrts and the industry. Participants are paired with a career advisor and receive a guaranteed pairing in the hrts mentorship program. It is in its third year.”
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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 12348 VENTURA BLVD |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt | 0 | STE 285 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | STUDIO CITY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 91604 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 101479 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 6082 |
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| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 53595 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -102061 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1632 |
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| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 101479 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 6082 |
| IRS990EZ/GrossReceiptsAmt | 0 | 53595 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
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| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 75137 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -26924 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 75137 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -26924 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 9 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 10 | 1.00 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 13 | 1.00 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 10 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 11 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 12 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 13 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 14 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | PHILIPPE MAIGRET |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MELISSA GREGO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ROBIN SCHWARTZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | LOUIE KO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | ODETTA WATKINS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | SCOTT HERVEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | GARY MARENZI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | DAN ERLIJ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | JORDAN LEVIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | AIME BILLON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 10 | DICK LIPPIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 11 | FREDERIC RICHTER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 12 | KEELY CAT-WELLS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 13 | NORI KELLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 14 | TONY JONAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | CHAIRPERSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | BOARD MEMBER |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 14 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 6140 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | IN SUPPORT OF THE HRTS FOUNDATIONS MISSION TO FOSTER A MORE DIVERSE, EQUITABLE, AND INCLUSIVE TV AND ENTERTAINMENT INDUSTRY, THE HRTS FELLOWSHIP PROGRAM IS DESIGNED TO HELP LAUNCH THE CAREERS OF 10 JHRTS MEMBERS AND 5 ACADEMIC MEMBERS WHO STAND TO MAKE GREAT CONTRIBUTIONS TO HRTS AND THE INDUSTRY. PARTICIPANTS ARE PAIRED WITH A CAREER ADVISOR AND RECEIVE A GUARANTEED PAIRING IN THE HRTS MENTORSHIP PROGRAM. IT IS IN ITS THIRD YEAR. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 73 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | COMPLETED THE SECOND YEAR OF OUR FELLOWSHIP PROGRAM. FIFTEEN PARTICIPANTS SUCCESSFULLY MATRICULATED FROM THE PROGRAM. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 5635 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 147811 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | -147811 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 26342 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 33006 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 7845 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 5635 |
| IRS990EZ/TotalRevenueAmt | 0 | -94216 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTPS://HRTSFOUNDATION.ORG |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt | 0 | 47900 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt | 0 | 149950 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt | 0 | 105000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 302850 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
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| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 18450 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 131426 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 203471 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 156393 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 156393 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 57014 |
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| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 302850 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 53595 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 174843 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 131426 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 359864 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
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| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 35095 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 147811 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | ANNUAL GALA |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt | 0 | 90058 |
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| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -147811 |
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| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 57753 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES HARDWARE & SOFTWARE 73 FELLOWSHIP PROGRAM 5,635 BANK FEES 102 MERCHANT FEES 313 BUSINESS EXPENSES 17 TOTAL 6,140 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DUE TO HRTS 26,342 33,006 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | IN SUPPORT OF THE HRTS FOUNDATIONS MISSION TO FOSTER A MORE DIVERSE, EQUITABLE, AND INCLUSIVE TV AND ENTERTAINMENT INDUSTRY, THE HRTS FELLOWSHIP PROGRAM IS DESIGNED TO HELP LAUNCH THE CAREERS OF 10 JHRTS MEMBERS AND 5 ACADEMIC MEMBERS WHO STAND TO MAKE GREAT CONTRIBUTIONS TO HRTS AND THE INDUSTRY. PARTICIPANTS ARE PAIRED WITH A CAREER ADVISOR AND RECEIVE A GUARANTEED PAIRING IN THE HRTS MENTORSHIP PROGRAM. IT IS IN ITS THIRD YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MELISSA GREGO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRPERSON |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8184501595 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-06-20 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE HRTS FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HRTS |
| ReturnHeader/Filer/EIN | 0 | 881653141 |
| ReturnHeader/Filer/PhoneNum | 0 | 8187891182 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 12348 VENTURA BLVD STE 285 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | STUDIO CITY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 91604 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 843085028 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BRYTEBRIDGE CONSULTING LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 7021 UNIVERSITY BLVD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WINTER PARK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 327926719 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8778579002 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-06-23 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MARIA TAPIA |
| ReturnHeader/ReturnTs | 0 | 2025-06-23T17:53:44-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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