Visit Modesto Inc

EIN: 300167216 Community Improvement

Modesto, CA

Total Revenue
$1,079,485
Total Expenses
$1,236,956
Total Assets
$569,284
Net Assets
$294,242
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
CA
Principal Officer
Lyle Todd Aaronson
Phone
2095265588
Tax Period
2024-07-01 to 2025-06-30

Visit Modesto Inc, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 15% operating deficit.

Mission

1) To attract visitors to Modesto by promoting and marketing the city as a convention, sports, tourism, and leisure travel destination. 2) To provide coordination and leadership for the community and the visitor industry on matters relating to convention activity and tourism. 3) To gather community information designed to convey to opinion leaders and the public at large the status of the visitor industry. 4) To work with local government agencies, private enterprises, and other interested parties to structure suitable financing plans for the bureau, and to implement those plans.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,048,761
Investment Income $25,286
Other Revenue $5,438
TOTAL REVENUE $1,079,485

Expense Breakdown

Grants Paid $0
Salaries & Benefits $508,670
Fundraising Expenses $0
Other Expenses $728,286
TOTAL EXPENSES $1,236,956

Year-over-Year Comparison

2024 2023 Change
Revenue $1,079,485 $1,147,039 -0.1%
Expenses $1,236,956 $1,418,954 -0.1%
Net Income $-157,471 $-271,915 -0.4%
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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
7
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
5
$170,600
Total Directors
10
$170,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lyle Todd Aaronson CEO 40.00
Officer Director
$170,600 $0 $170,600
Chris Murphy Chairman 0.00
Officer Director
$0 $0 $0
Khan Pervez Vice Chair 0.00
Officer Director
$0 $0 $0
Behzad Tabrizi Treasurer 0.00
Officer Director
$0 $0 $0
Angela Cangiamilla Secretary 0.00
Officer Director
$0 $0 $0
Katherine Bakus City Advisor 0.00
Director
$0 $0 $0
Rodney Cordova Board Member 0.00
Director
$0 $0 $0
Chad Hilligus Board Member 0.00
Director
$0 $0 $0
Bradley Moradkhan Board Member 0.00
Director
$0 $0 $0
Kelly Tallant Board Member 0.00
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
2025 $1,079,485 $1,236,956 $569,284 $-157,471
2024 $1,147,039 $1,418,954 $735,895 $-271,915
2023 $1,164,224 $1,123,843 $918,820 $40,381
2022 $1,183,555 $904,088 $882,711 $279,467
2021 $784,976 $641,326 $600,938 $143,650
2020 $654,270 $559,423 $477,183 $94,847
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Visit Modesto Inc with other nonprofits in California and across the country.