SOCIETY FOR INCENTIVE TRAVEL EXCELLENCE SOUTHERN CALIFORNIA CHAPTER (EIN 262532775) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

SHAHAB ABBAS

Phone

9513030044

Tax Period

2024-01-01 to 2024-12-31

SOCIETY FOR INCENTIVE TRAVEL EXCELLENCE SOUTHERN CALIFORNIA CHAPTER, founded in 1997, is a small nonprofit that reported $258K in total revenue in fiscal year 2024. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $399K exceeded revenue, resulting in a 55% operating deficit.

Mission

TO PROMOTE PROFESSIONALISM AND BEST PRACTICES IN THE TRAVEL INCENTIVE INDUSTRY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $145,913

Investment Income $0

Other Revenue $112,313

TOTAL REVENUE $258,226

Expense Breakdown

Grants Paid $54,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $211,049

Other Expenses $345,065

TOTAL EXPENSES $399,065

Year-over-Year Comparison

	2024	2023	Change
Revenue	$258,226	$556,936	-0.5%
Expenses	$399,065	$386,534	+0.0%
Net Income	$-140,839	$170,402	-1.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL CROCKENBERG	VP SPONSORSHIP	10.00	Officer Director	$0	$0	$0
CONNIE REEVES	VP EDUCATION	10.00	Officer Director	$0	$0	$0
CHRIS DEVITO	VP MEMBERSHIP	10.00	Officer Director	$0	$0	$0
MICHAEL WALLACE	VP MARKETING/SECRETARY	10.00	Officer Director	$0	$0	$0
LIZ SMITH	IMMEDIATE PAST PRESIDENT	10.00	Officer Director	$0	$0	$0
COLLEEN CONNOR	VP CHARITIES	10.00	Officer Director	$0	$0	$0
JENNY STITZ	DIRECTOR EVENTS	10.00	Officer Director	$0	$0	$0
ANGELA AGUILAR	DIRECTOR MEMBERSHIP	10.00	Officer Director	$0	$0	$0
TATIANA LOTUFO	DIRECTOR LEADERSHIP DEVELO	10.00	Officer Director	$0	$0	$0
SIMAAN HAWA	VP FINANCE/TREASURER	10.00	Officer Director	$0	$0	$0
SHABAB ABBAS	PRESIDENT	10.00	Officer Director	$0	$0	$0
KRYSTEENA MEREDITH	PRESIDENT ELECT	10.00	Officer Director	$0	$0	$0
KRISSI TREVINO THOMAS	DIRECTOR INDUSTRY RELATION	10.00	Officer Director	$0	$0	$0
GABRIEL HAIGAZIAN	VP EVENTS	10.00	Officer Director	$0	$0	$0
SHELLY HINEK	DIRECTOR SPONSORSHIP	10.00	Officer Director	$0	$0	$0
BRIGITTE LUNDRIGAN	DIRECTOR ADVISORY COUNCIL	10.00	Officer Director	$0	$0	$0
KELLY TRUITT	DIRECTOR YOUNG LEADERS	10.00	Officer Director	$0	$0	$0
JAMES VERTOVEC	EXECUTIVE DIRECTOR	10.00	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	$258,226	$399,065	$507,665	$-140,839
2023	$556,936	$386,534	$648,504	$170,402
2022	$238,358	$218,721	$478,102	$19,637
2021	$241,222	$170,167	$458,465	$71,055
2020	$-37,308	$254,704	$387,410	$-292,012
2019	$236,522	$298,197	$679,422	$-61,675
2018	$471,267	$241,449	$741,097	$229,818

SOCIETY FOR INCENTIVE TRAVEL EXCELLENCE SOUTHERN CALIFORNIA CHAPTER