MEETING PROFESSIONALS INTERNATIONA… - Form 990 Financial Data

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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

1978

Legal Domicile

Principal Officer

CHERI FAIRCHILD

Phone

3019484600

Tax Period

2024-01-01 to 2024-12-31

MEETING PROFESSIONALS INTERNATIONAL POTOMAC CHAPTER, founded in 1978, is a small nonprofit in the Community Improvement sector that reported $181K in total revenue in fiscal year 2024. Revenue surged 126% from the prior year, signaling strong growth momentum.

Mission

THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROVIDE EDUCATION TO ITS MEMBERS REGARDING THE MEETING PLANNING INDUSTRY

Program Service Accomplishments

Program 1

Expenses: $11,971 Revenue: $116,606

MEETINGS: ORGANIZATION MEMBERS MAY ATTEND MONTHLY OR THE ANNUAL MEETINGS WHICH PROVIDES EDUCATION REGARDING THE INDUSTRY AND CURRENT TRENDS.

Program 2

NEWSLETTER: AN ELECTRONIC NEWSLETTER IS SENT TO ORGANIZATION MEMBERS TO KEEP THEM ABREAST OF CURRENT INDUSTRY TRENDS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $49,676

Program Service Revenue $116,606

Investment Income $11,938

Other Revenue $3,220

TOTAL REVENUE $181,440

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $11,971

Other Expenses $176,624

TOTAL EXPENSES $176,624

Year-over-Year Comparison

	2024	2023	Change
Revenue	$181,440	$80,431	+1.3%
Expenses	$176,624	$66,330	+1.7%
Net Income	$4,816	$14,101	-0.7%

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

Governance

Voting Members

N/A

Independent Members

N/A

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
PAM DONNELLY	DIRECTOR	2.00	Director	$0	$0	$0
KRYSTAL HEARD	DIRECTOR	2.00	Director	$0	$0	$0
TANIA KASONGO	DIRECTOR	2.00	Director	$0	$0	$0
LILLY MITCHELL	DIRECTOR	2.00	Director	$0	$0	$0
DEREK SUMINSKI	DIRECTOR	2.00	Director	$0	$0	$0
JENNA WIESE	DIRECTOR	2.00	Director	$0	$0	$0
PHIL RAPPOPORT	IMMEDIATE PRESIDENT	2.00	Officer	$0	$0	$0
CHERI FAIRCHILD	PRESIDENT	2.00	Officer	$0	$0	$0
EVAN NIELSON	PRESIDENT ELECT	2.00	Officer	$0	$0	$0
ROBIN TROUTMAN	VICE PRESIDENT	2.00	Officer	$0	$0	$0
CAROLYN PATTERSON KEMPER	VICE PRESIDENT	2.00	Officer	$0	$0	$0
SHAWN PEARSON	VICE PRESIDENT	2.00	Officer	$0	$0	$0
YOKO HEUKELS	VICE PRESIDENT	2.00	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
2025	No data	No data	No data	No data
2024	$181,440	$176,624	$137,518	$4,816
2023	$158,599	$190,447	$112,332	$-31,848
2023	$80,431	$66,330	$132,702	$14,101
2022	$171,115	$214,775	$144,180	$-43,660
2021	$119,532	$175,702	$187,840	$-56,170

MEETING PROFESSIONALS INTERNATIONAL POTOMAC CHAPTER