MARINA DEL REY CONVENTION & VISITORS BUREAU INC (EIN 954841658) - Form 990 Financial Analysis & Trantor Score

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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

2001

Legal Domicile

Phone

3103069900

Tax Period

2022-01-01 to 2022-12-31

MARINA DEL REY CONVENTION & VISITORS BUREAU INC, founded in 2001, is a small nonprofit that reported $617K in total revenue in fiscal year 2022. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 151% operating deficit.

Mission

THE ORGANIZATION IS THE CITY OF MARINA DEL REY'S OFFICIAL PROMOTION AND TOURISMBUREAU. IT IS ORGANIZED TO PROMOTE THE COMMON GOOD AND SOCIAL WELFARE OF THE PEOPLEOF MARINA DEL REY THROUGH IMPROVEMENT OF TOURISM AND TRADE IN THE CITY OF MARINA DELREY AND THE PRESERVATION AND IMPROVEMENT OF ECONOMIC CONDITIONS FOR ALL PEOPLE INMARINA DEL REY, THEREBY LESSENING THE BURDENS ON CITY GOVERNMENT. THE ORGANIZATION'SMISSION IS TO INCREASE VISITOR EXPENDITURES AND TOURISM REVENUES THROUGH PROMOTION OF THE AREA AS A TRAVEL DESTINATION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $616,481

Investment Income $124

Other Revenue $424

TOTAL REVENUE $617,029

Expense Breakdown

Grants Paid $916,354

Salaries & Benefits $113,241

Fundraising Expenses $0

Program Expenses $1,466,174

Other Expenses $518,311

TOTAL EXPENSES $1,547,906

Year-over-Year Comparison

	2022	2021	Change
Revenue	$617,029	$2,247,983	-0.7%
Expenses	$1,547,906	$1,623,305	0.0%
Net Income	$-930,877	$624,678	-2.5%

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

Independent Members

N/A

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

$42,290

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANET ZALDUA	CEO	40.00	Officer	$42,290	$0	$42,290
KIM HART	President	0.00	Officer Director	$0	$0	$0
MARK MURPHY	Vice President	0.00	Officer Director	$0	$0	$0
KELLY KING	Treasurer	0.00	Officer Director	$0	$0	$0
CASEY GRAVES	Director	0.00	Director	$0	$0	$0
RENE MOLINA	Director	0.00	Director	$0	$0	$0
TONY PALERMO	Director	0.00	Director	$0	$0	$0
AMY DEIFT	Director	0.00	Director	$0	$0	$0
DANIEL GINZBURG	Director	0.00	Director	$0	$0	$0
ANDREW HARRIS	Director	0.00	Director	$0	$0	$0
NICHOLAS DUMBELL	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
2022	$617,029	$1,547,906	No data	$-930,877
2021	$2,247,983	$1,623,305	$1,172,675	$624,678
2020	$1,292,934	$1,203,433	$627,103	$89,501
2019	$2,019,943	$2,050,308	$347,981	$-30,365
2018	$1,914,856	$1,997,765	$341,207	$-82,909

MARINA DEL REY CONVENTION & VISITORS BUREAU INC