Hero Workshop EIN 85-3534025

Hero Workshop FY2023 filing

EIN  85-3534025 Public charity (501(c)(3)) Culver City, CA Founded 2020
Form 990 (PDF)
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Size
$100K–1M
What they do
Teaches youth confidence, leadership, and collaboration through interactive storytelling and role-playing games.
Leadership
Jane Adams · Director · $69K
Money in and out
$359K revenue, $315K expenses
Bottom line
75% program efficiency

Teaches youth confidence, leadership, and collaboration through interactive storytelling and role-playing games. For fiscal year 2023 it reported $359K in revenue, $315K in expenses, and $29K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$359K
Pt VIII · Ln 12
Total expenses
$315K
Pt IX · Ln 25
Net assets
$29K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $44K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.19 Fundraising $0.06
Program efficiency
75%
of spending reaches programs
Operating runway
2.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+12%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$359K
FY2023▲ +91%
Expenses
$315K
FY2023
Total assets
$66K
FY2023
Total liabilities
$37K
FY2023
Total revenue
$359K
Pt VIII · Ln 12
Total expenses
$315K
Pt IX · Ln 25
Net assets
$29K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$44K
Total assetsPt X · Ln 16$66K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $237K of program spending, described in the organization's own filed words · FY2023.
01

In 2023 The Hero Workshop Community Center had an enrollment of 160 kids per week and held 34 weekly 2-hour game sessions. A new lease was signed for the Community Center in November. The Hero Workshop also operated after-school enrichment programs for 6 schools with total school enrollment of 163 students.

$237Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHero Workshop
EINHdr · item D85-3534025
Principal addressHdr · item CCulver City, CA
WebsiteHdr · item Jwww.heroworkshop.org
Year of formationHdr · item L2020
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A90)
Ruling yearIRS BMFJan 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$68,788Pt VII · Sec A
$56,081Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Jane Adams$68,788
Scott Stevens$60,000$43,846$55,050$8,000
Scott Stevens$56,081
Jane Adams$52,905$7,275
Sabrina Saxton$41,506
Claire Hatch$39,960
Sean Mulholland$20,435

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$310K · 86%
Contributions & grants$43K · 12%
Other revenue$6K · 2%
Program service revenue86%$310K
Contributions & grants12%$43K
Other revenue2%$6K
Investment income$10
Total revenueLn 12$359K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.19 Fundraising $0.06
Program services75%$237K
Management & general19%$60K
Fundraising6%$18K
Total functional expensesLn 25$315K

Balance Sheet

Part X · end of year
CashLn 1$52K
Total assetsLn 16$66K
Total liabilitiesLn 26$37K
Total net assetsLn 32$29K
Months of cash on handcomputed2.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $52K · Operating expenses/yr $315K
2.0 months
Where the money goes
Program services
Program services $237K · Total expenses $315K
75%
Management & General
Management & general $60K · Total expenses $315K
19%
Fundraising
Fundraising $18K · Total expenses $315K
6%
Cost to raise $1
Fundraising expense $18K · Solicited contributions $43K
$0.41 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $43K · Total revenue $359K
12%
Government reliance
Government grants — · Total revenue $359K
Earned-income share
Program service revenue $310K · Total revenue $359K
86%
Investment reliance
Investment income $10 · Total revenue $359K
0%
Program self-sufficiency
Program service revenue $310K · Total expenses $315K
98%
Growth & trend
Revenue growth (YoY)
This year $359K · Prior year $188K
+91%
Net-asset trend (YoY)
End of year $29K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $359K · Expenses $315K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $66K
Net-asset ratio
Net assets $29K · Total assets $66K
44%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $66K
0%
People & payroll
Highest Reported Total Compensation
Individual Jane Adams · Reported title Director · Highest reported compensation $69K · Total expenses $315K
22%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $229K · Total expenses $315K
73%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 19%
Fundraising cost ratio 41%
Revenue growth 91%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$3K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$794K revenue · ⤓ 990 PDF
FY2024$524K revenue · ⤓ 990 PDF
FY2023$359K revenue · viewing · ⤓ 990 PDF
FY2022$188K revenue · ⤓ 990 PDF
FY2021$91K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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