PACIFIC PALISADES BUSINESS IMPROVEMENT DISTRICT INC

EIN: 383974684 Community Improvement

PACIFIC PALISADES, CA

Total Revenue
$154,067
Total Expenses
$129,403
Total Assets
$54,203
Net Assets
$30,141
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
CA
Phone
3106004927
Tax Period
2025-01-01 to 2025-12-31

PACIFIC PALISADES BUSINESS IMPROVEMENT DISTRICT INC, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $154K in total revenue in fiscal year 2025. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $25K, a strong 16% operating margin.

Mission

THE PACIFIC PALISADES BUSINESS IMPROVEMENT DISTRICT SEEKS TO ENHACE THE COMMERCIAL ACIVITY AND DESIRABILITY OF THE BUSINESS IN ITS AREA BY CLEANING, BEAUTIFIYING AND IMPROVING THE STREETS AND COMMON AREAS, PROVIDING MARKETING AND FOMENTING NEW BUSINESS DEVELOPMENT, ATTRACTION AND RETENTION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $3,591
Program Service Revenue $150,104
Investment Income $372
Other Revenue $0
TOTAL REVENUE $154,067

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $107,041
Other Expenses $129,403
TOTAL EXPENSES $129,403

Year-over-Year Comparison

2025 2024 Change
Revenue $154,067 $183,089 -0.2%
Expenses $129,403 $186,666 -0.3%
Net Income $24,664 $-3,577 -7.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
9

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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LELAND FORD CO-PRESIDENT 4.00
Officer Director
$0 $0 $0
KEVIN NILES CO-PRESIDENT 4.00
Officer Director
$0 $0 $0
RICHARD LYNCH Treasurer/Sec 4.00
Officer Director
$0 $0 $0
DAVE LICHT BOARD MEMBER 4.00
Director
$0 $0 $0
ELLIOT ZORENSKY BOARD MEMBER 4.00
Director
$0 $0 $0
SHAUN MALEK BOARD MEMBER 4.00
Director
$0 $0 $0
BOB BENTON BOARD MEMBER 4.00
Director
$0 $0 $0
DAVID PETERSON BOARD MEMBER 4.00
Director
$0 $0 $0
DENISE MANGIMELLI Board Member 4.00
Director
$0 $0 $0
ROBERT MUNAKASH BOARD MEMBER 4.00
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 $154,067 $129,403 $54,203 $24,664
2024 $183,089 $186,666 $11,777 $-3,577
2023 $163,498 $166,824 $26,217 $-3,326
2022 $155,186 $153,122 $28,986 $2,064
2021 $162,858 $178,898 $25,579 $-16,040
2020 $150,926 $181,857 $26,356 $-30,931
2019 $149,442 $177,089 $66,262 $-27,647
2018 $164,798 $141,892 $90,097 $22,906
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