Meeting Professionals International Mn
Nonprofit profile at a glance
- EIN
- 311011247
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024, Form 990-T 2022
- Location
- St Paul, MN, USA
- Phone
- 6519176243
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $91,577
- Expenses
- $80,570
- Assets
- $141,985
- Liabilities
- $8,857
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- NICOLE PALKOWITSCH (PRESIDENT)
- SARAH WILMES (PRESIDENT-ELECT)
- SAVANNAH FARGEN (PAST PRESIDENT)
- LYSSA WAINRIGHT (VICE PRESIDENT OF FINANCE)
- JENNY NG (VICE PRESIDENT OF EDUCATION)
- KATY BILLIG (VICE PRESIDENT OF MARKETING & COMM)
People named in this filing
- NICOLE PALKOWITSCH (PRESIDENT)
- SARAH WILMES (PRESIDENT-ELECT)
- SAVANNAH FARGEN (PAST PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Training and the exchange of information between individuals engaged in the meeting planning profession, promotion of the industry to the general public.
What it reported doing in 2024
Monthly meetings conducted to instruct professional meeting planners as well as allow for the sharing of ideas and information.publication and online presentation of educational materialseducational scholarshipseducation about the industry and promotion of the industry to the general public
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 44
- Transparency & Controls: 82
- Sustainability: 57
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 42.1%; rating input score 42
- Program expense ratio: 46.8%; rating input score 47
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 12%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 1.76; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -5.3% per year; rating input score 0; 35th percentile among comparable filings
- Revenue growth: -7.2% per year; rating input score 0; 29th percentile among comparable filings
- Asset growth: -2.9% per year; rating input score 0; 29th percentile among comparable filings
Details
- Where the money goes: 42.1% of revenue deployed · 46.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $38K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
- Moderate — Financial Efficiency: Program expense ratio scored 47/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.