North Redondo Beach Business Association
Nonprofit profile at a glance
- EIN
- 954677761
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Redondo Beach, CA, USA
- Phone
- 3103766911
- Rating
- 49
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $80,020
- Expenses
- $58,513
- Assets
- $68,217
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Mickey Marriffino (President)
- Robin Garfield (Vice President)
People named in this filing
- Mickey Marriffino (President)
- Robin Garfield (Vice President)
- Bill Baird (Director)
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
The purpose of North Redondo Beach Business Association is to promote activities that enhance business in North Redondo Beach, California.
What it reported doing in 2024
The purpose of North Redondo Beach Business Association is to promote activities that enhance business in North Redondo Beach, California. The corporation organizes and promotes monthly meetings, events and other activities that engage and connect local business owners and City leadership with residents and community members, as well as raises funds and donates money to worthwhile causes which support businessimprovement and community health, pride and public safety.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 and revenue has grown recently. 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: 21
- Transparency & Controls: 82
- Sustainability: 59
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 18.4%; rating input score 18
- Program expense ratio: 25.1%; rating input score 25
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 26.9%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 1.17; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -95.6% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: 31.1% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 37.4% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 18.4% of revenue deployed · 25.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $15K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 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.
- High — Financial Efficiency: Mission deployment rate scored 18/100.
- High — Financial Efficiency: Program expense ratio scored 25/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.