MEETINGS ASSESSMENT PARTNERSHIP

EIN: 990692129 Mutual Benefit

NEWPORT BEACH, CA

Total Revenue
$8,656,582
Total Expenses
$7,171,198
Total Assets
$6,484,974
Net Assets
$4,489,680
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
CA
Principal Officer
LILY PEARSON
Phone
9497196100
Tax Period
2024-07-01 to 2025-06-30

MEETINGS ASSESSMENT PARTNERSHIP, founded in 2024, is a community nonprofit in the Mutual Benefit sector that reported $8.7M in total revenue in fiscal year 2024. Revenue surged 211% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 17% operating margin.

Mission

MEETINGS ASSESSMENT PARTNERSHIP IS A NON-PROFIT ORGANIZATION TO IMPROVE BUSINESS CONDITIONS AND THE BUSINESS ENVIRONMENT FOR TOURISM IN THE CITY OF NEWPORT BEACH THROUGH THE PROVISION OF MARKETING, SALES, AND SPECIAL EVENTS PROGRAMS, ALONG WITH VARIOUS OTHER INITIATIVES.

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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 $0
Program Service Revenue $8,495,899
Investment Income $160,683
Other Revenue $0
TOTAL REVENUE $8,656,582

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,517,391
Fundraising Expenses $0
Other Expenses $4,653,807
TOTAL EXPENSES $7,171,198

Year-over-Year Comparison

2024 2023 Change
Revenue $8,656,582 $2,784,180 +2.1%
Expenses $7,171,198 $3,078,903 +1.3%
Net Income $1,485,384 $-294,723 -6.0%
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
8
Independent Members
8
Employees
12
Volunteers
8

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
6
$1,040,429
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CINDY RACCO DIRECTOR 1.00
Director
$0 $0 $0
DEBBIE SNAVELY CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MARKUS KOHN DIRECTOR 1.00
Director
$0 $0 $0
ANNIE PAINTING DIRECTOR 1.00
Director
$0 $0 $0
PHIL RAVENNA SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
DAVID HOFFMAN DIRECTOR 1.00
Director
$0 $0 $0
ANDRE BROSE VICE-CHAIRPERSON 1.00
Officer Director
$0 $0 $0
KEVIN KELLY DIRECTOR 1.00
Director
$0 $0 $0
MICHELLE DONAHUE SVP OF SALES 40.00
Officer
$228,310 $37,925 $282,323
GARY SHERWIN PRESIDENT/CEO 20.00
Officer
$200,013 $88,072 $488,098
LILY PEARSON CHIEF FINANCIAL OFFICER 20.00
Officer
$117,902 $34,204 $270,008
AMANDA KLEIM DIRECTOR OF SALES 40.00
Highest
$154,197 $24,780 $199,506
JANE DRYDEN GROUP MARKETING & COMMUNICATIONS DIRECTOR 40.00
Highest
$121,154 $23,718 $154,168
ENRIQUE PAULO NATIONAL ACCOUNT DIRECTOR 40.00
Highest
$137,401 $24,833 $178,823
JENNIFER BRANNON NATIONAL ACCOUNT DIRECTOR 40.00
Highest
$119,702 $21,230 $156,415
LAURO GARCIA ACCOUNTING MANAGER 20.00
Highest
$53,545 $17,024 $124,114
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 $8,656,582 $7,171,198 $6,484,974 $1,485,384
2024 $2,784,180 $3,078,903 $4,605,743 $-294,723
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