Oxnard Convention & Visitors Bureau Co Brittney Hendricks President & Ceo
Nonprofit profile at a glance
- EIN
- 952891667
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Oxnard, CA, USA
- Phone
- 8053857545
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,293,305
- Expenses
- $1,237,126
- Assets
- $470,740
- Liabilities
- $68,141
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- BRITTNEY HENDRICKS (PRESIDENT & CEO)
Highest reported compensation
- BRITTNEY HENDRICKS (PRESIDENT & CEO): $100,246 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization mainly operates two program: oxnard convention & visitor's bureau and oxnard tourism marketing district(otmd). The purpose of the oxnard convention and visitor's bureau is to contribute to the economic development of oxnard by marketing and promoting oxnard as a destination for tourists and business travel. The oxnard tourism marketing district is an assesment district proposed to provide specific benefits to payors, by funding marketing and sales promotion efforts and visitor service enhancement for assessed business. Otmd includes all lodging busiiness with fifty five (55) rooms or more located within the boundaries of city of oxnard. The otmd is designed to provide specific benefits directly to payers by increasing room night sales. Marketing and sales promotions and visitors services enhancements will increase overnight tourism and market payers as tourist, meeting and event destinations, thereby increasing room night sales.
What it reported doing in 2024
Oxnard tourism marketing district(otmd) is an assessment district proposed to provide specific benefits to payors, by funding marketing and sales promotion efforts and visitor service enhancement for assessed business. Otmd includes all lodging busiiness with fifty five (55) rooms or more located within the boundaries of city of oxnard. The otmd is designed to provide specific benefits directly to payers by increasing room night sales. Marketing and sales promotions and visitors services enhancements will increase overnight tourism and market payers as tourist, meeting and event destinations, thereby increasing room night sales.
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.9%; rating input score 91
- Program expense ratio: 95%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 4.3%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.38; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 8.1%; rating input score 43; 43rd percentile among comparable filings
Growth
- Program expense growth: 3.7% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: 3.1% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 6.7% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 90.9% of revenue deployed · 95% of spending went to programs
- Governance: 16 of 16 board members independent · 6 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $1.2M in reported program spending
- Leadership: top reported pay $100K · 18 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 3 filed schedules · includes major donors
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 48/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
- Moderate — Sustainability: Officer compensation ratio scored 43/100.