MARCONI CONFERENCE CENTER OPERATING CORPORATION (EIN 943109572) - 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

1989

Legal Domicile

Principal Officer

HAL RUSSEK

Phone

4156639020

Tax Period

2020-07-01 to 2021-06-30

MARCONI CONFERENCE CENTER OPERATING CORPORATION, founded in 1989, is a small nonprofit in the Community Improvement sector that reported $225K in total revenue in fiscal year 2020. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $458K exceeded revenue, resulting in a 104% operating deficit.

Mission

TO PROVIDE A SELF-SUPPORTING CONFERENCE CENTER USING FACILITIES OWNED BY THE CALIFORNIA STATE PARK SYSTEM FOR EDUCATIONAL AND ENVIRONMENTAL ORGANIZATIONS AND OTHERS AT LOW COST.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $2,000

Program Service Revenue $222,925

Investment Income $16

Other Revenue $0

TOTAL REVENUE $224,941

Expense Breakdown

Grants Paid $0

Salaries & Benefits $108,625

Fundraising Expenses $0

Program Expenses $457,860

Other Expenses $349,235

TOTAL EXPENSES $457,860

Year-over-Year Comparison

	2020	2019	Change
Revenue	$224,941	$1,419,568	-0.8%
Expenses	$457,860	$1,884,784	-0.8%
Net Income	$-232,919	$-465,216	-0.5%

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

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

$90,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE MURCH	PRESIDENT	1.00	Officer Director	$0	$0	$0
KARIN URQUART	BOARD MEMBER	1.00	Director	$0	$0	$0
JANEANN ERICKSON	BOARD MEMBER	1.00	Director	$0	$0	$0
KEN DUNAJ	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT FAITH	BOARD MEMBER	1.00	Director	$0	$0	$0
HAL RUSSEK	GENERAL MANAGER	40.00	Officer	$90,000	$0	$90,000

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
2021	$224,941	$457,860	$1,586,110	$-232,919
2020	$1,419,568	$1,884,784	$1,906,120	$-465,216
2019	$2,139,661	$2,129,478	$2,508,421	$10,183

MARCONI CONFERENCE CENTER OPERATING CORPORATION