FILM LIFE FOUNDATION DBA ART IN BLACK

EIN: 270401325 501(c)(3) Arts, Culture & Humanities

STUDIO CITY, CA

Total Revenue
N/A
Total Expenses
$45,150
Total Assets
$381,697
Net Assets
$381,697
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NY
Tax Period
2023-01-01 to 2023-12-31

Mission

FILM LIFE FOUNDATION'S MISSION IS TO INSPIRE AND SUPPORT WOMEN AND MULTICULTURAL ARTISTS PURSUING CAREERS IN FILM BY PROVIDING GRANTS AND OTHER RESOURCES. TO ASSIST IN PRODUCING AND GETTING A FILM DISTRIBUTED.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $27,230
Other Expenses $45,150
TOTAL EXPENSES $45,150

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $275,000 -1.0%
Expenses $45,150 $146,842 -0.7%
Net Income N/A $128,158 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF FRIDAY President 4.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 No data $45,150 $381,697 No data
2022 $275,000 $146,842 $426,847 $128,158
2020 $340,150 $122,626 $217,524 $217,524
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