HILLMAN GRAD FOUNDATION INC C/O NEUMAN ASSOCIATES

EIN: 852727976 501(c)(3) Arts, Culture & Humanities

ENCINO, CA

Total Revenue
$222,675
Total Expenses
$219,194
Total Assets
$7,300
Net Assets
$7,300
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CA
Principal Officer
LENA WAITHE
Phone
8189959000
Tax Period
2023-01-01 to 2023-12-31

HILLMAN GRAD FOUNDATION INC C/O NEUMAN ASSOCIATES, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $223K in total revenue in fiscal year 2023. Revenue fell 71% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE EDUCATION TO ASPIRING WRITERS, DIRECTORS, PRODUCERS, AND ACTORS AND PROVIDING AID AND ALLEVIATING HARDSHIP FOR THOSE IN NEED.

Program Service Accomplishments

Program 1
Expenses: $108,928 Revenue: $111,337

HILLMAN GRAD FOUNDATION WAS FORMED TO MENTOR AND SUPPORT DISENFRANCHISED VOICES IN THE FILM AND TELEVISION COMMUNITY. BY PROVIDING MENTORSHIP, EDUCATION, FINANCIAL SUPPORT, AND COMMUNITY TO PEOPLE OF...

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HILLMAN GRAD FOUNDATION WAS FORMED TO MENTOR AND SUPPORT DISENFRANCHISED VOICES IN THE FILM AND TELEVISION COMMUNITY. BY PROVIDING MENTORSHIP, EDUCATION, FINANCIAL SUPPORT, AND COMMUNITY TO PEOPLE OF COLOR, LGBTQ + INDIVIDUALS, AND INDIVIDUALS WITH DISABILITIES, THE FOUNDATION AIMS TO CREATE A RUNWAY TO SUCCESS IN HOLLYWOOD.

Program 2
Expenses: $108,929 Revenue: $111,338

THROUGH HILLMAN MENTORSHIP, THE FOUNDATION WILL WORK WITH ASPIRING WRITERS, DIRECTORS, PRODUCERS, AND ACTORS IN ANNUAL COHORTS WHERE THEY WILL BE SEEN, HEARD, AND SUPPORTED TO ACHIEVE THEIR GOALS...

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THROUGH HILLMAN MENTORSHIP, THE FOUNDATION WILL WORK WITH ASPIRING WRITERS, DIRECTORS, PRODUCERS, AND ACTORS IN ANNUAL COHORTS WHERE THEY WILL BE SEEN, HEARD, AND SUPPORTED TO ACHIEVE THEIR GOALS. THE FOUNDATION WILL PROVIDE MENTORSHIP AND EDUCATIONAL CLASSES ALONG WITH EXPERIENTIAL LEARNING, SUCH AS BY FUNDING THE PRODUCTION OF SHORT FILMS THAT WILL ALLOW ASPIRING DIRECTORS TO GAIN DIRECTORIAL EXPERIENCE. THE FOUNDATION MAY EVENTUALLY ESTABLISH AN ARTIST RESIDENCY PROGRAM TO PROVIDE RESOURCES SUCH AS WORKSPACE, HOUSING, WORKSHOPS, COLLABORATION OPPORTUNITIES, PRODUCTION SUPPORT, EXHIBITION SPACE, AND FUNDING FOR EMERGING ARTISTS IN THE FILM AND TELEVISION INDUSTRY.

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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 $222,675
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $222,675

Expense Breakdown

Grants Paid $0
Salaries & Benefits $40,307
Fundraising Expenses $0
Program Expenses $217,857
Other Expenses $178,887
TOTAL EXPENSES $219,194

Year-over-Year Comparison

2023 2022 Change
Revenue $222,675 $757,273 -0.7%
Expenses $219,194 $810,947 -0.7%
Net Income $3,481 $-53,674 -1.1%
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
4
Independent Members
1
Employees
1
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RISHI RAJANI DIRECTOR 5.00
Director
$0 $0 $0
NINA SHAW DIRECTOR 5.00
Director
$0 $0 $0
LENA WAITHE PRESIDENT 5.00
Officer
$0 $0 $0
HARLEY NEUMAN CHIEF FINANCIAL OFFICER 5.00
Officer
$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 $222,675 $219,194 $7,300 $3,481
2022 $757,273 $810,947 $3,819 $-53,674
2021 $520,590 $442,443 $57,493 $78,147
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