Laguna Beach Hospitality Association

EIN: 330218123

Laguna Beach, CA

Total Revenue
$1,339,918
Total Expenses
$1,613,242
Total Assets
$1,444,428
Net Assets
$1,397,961
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
CA
Phone
9493760511
Tax Period
2024-07-01 to 2025-06-30

Laguna Beach Hospitality Association, founded in 1986, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 123% from the prior year, signaling strong growth momentum. Expenses of $1.6M exceeded revenue, resulting in a 20% operating deficit.

Mission

Our mission is to increase overnight stays in Laguna Beach for like-minded leisure and group travelers. We do this by creating stewardship grounded messaging and experiences that help protect, share and celebrate the true ethos of Laguna Beach. This is done by ensuring visitors connect with authenticity , joy and respect for our environment, our culture and our heritage.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,330,565
Program Service Revenue $56
Investment Income $9,297
Other Revenue $0
TOTAL REVENUE $1,339,918

Expense Breakdown

Grants Paid $0
Salaries & Benefits $511,256
Fundraising Expenses $0
Program Expenses $1,299,702
Other Expenses $1,101,986
TOTAL EXPENSES $1,613,242

Year-over-Year Comparison

2024 2023 Change
Revenue $1,339,918 $601,472 +1.2%
Expenses $1,613,242 $1,018,233 +0.6%
Net Income $-273,324 $-416,761 -0.3%
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
11
Independent Members
N/A
Employees
9
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
0
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karyn Philippsen Secretary 0.00
Director
$0 $0 $0
Phelton Calhoun Director 0.00
Director
$0 $0 $0
Debbie McDonald Director 0.00
Director
$0 $0 $0
Mark Orgill Director 0.00
Director
$0 $0 $0
Joanna Bear Chairman 0.00
Director
$0 $0 $0
AnnaSophia Servin Director 0.00
Director
$0 $0 $0
Kurt Bjorkman Director 0.00
Director
$0 $0 $0
Chris Wylie Treasurer 0.00
Director
$0 $0 $0
Katie Cahill Director 0.00
Director
$0 $0 $0
Armando Campos Director 0.00
Director
$0 $0 $0
Mark Christy Director 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 $1,339,918 $1,613,242 $1,444,428 $-273,324
2024 $601,472 $1,018,233 $1,843,816 $-416,761
2023 $2,156,372 $1,685,743 $2,120,183 $470,629
2022 $1,239,533 $997,612 $1,638,734 $241,921
2021 $1,570,120 $731,448 $1,429,406 $838,672
2020 $968,869 $660,409 $576,730 $308,460
2019 $1,323,053 $1,704,955 $241,867 $-381,902
2018 $1,366,549 $1,586,917 $631,093 $-220,368
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