Civic Intelligence

Promax International Bpme

990 • Fiscal year 2016 • EIN 95-3995395

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 05, 2017

Organization Profilewww.promaxbda.org

View Organization Page

5700 Wilshire Blvd Ste 275Los Angeles, CA 90036

(310) 789-1507

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

41st percentile

0.18x

Higher debt load relative to assets than 41% of similar nonprofits.

2016 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

17th percentile

0.08x

Higher debt load relative to revenue than 17% of similar nonprofits.

2016 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2016

Net Margin

35th percentile

0.7%

Higher net margin than 35% of similar nonprofits.

2016 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

81st percentile

$431,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2016 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2016

Asset Growth

58th percentile

4.9%

Faster asset growth than 58% of similar nonprofits.

2016 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

64th percentile

6.1%

Faster revenue growth than 64% of similar nonprofits.

2016 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets41st percentile

Assets

Flat

$4,064,928

Flat from 2016

Net Assets

Flat

$3,317,778

Flat from 2016

Liabilities

Flat

$747,150

Flat from 2016

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin35th percentile

Revenue

Flat

$9,801,635

Flat from 2016

Expenses

Flat

$9,728,952

Flat from 2016

Net Income

Flat

$72,683

Flat from 2016

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $2,717,048Liabilities 2010: $274,649Net Assets 2010: $2,442,3992010Assets 2011: $3,813,722Liabilities 2011: $690,877Net Assets 2011: $3,122,8452011Assets 2012: $4,442,361Liabilities 2012: $997,163Net Assets 2012: $3,445,1982012Assets 2013: $4,407,346Liabilities 2013: $802,772Net Assets 2013: $3,604,5742013Assets 2014: $4,361,395Liabilities 2014: $895,219Net Assets 2014: $3,466,1762014Assets 2015: $3,875,837Liabilities 2015: $630,742Net Assets 2015: $3,245,0952015Assets 2016: $4,064,928Liabilities 2016: $747,150Net Assets 2016: $3,317,7782016Assets 2016: $4,064,928Liabilities 2016: $747,150Net Assets 2016: $3,317,7782016Assets 2017: $4,338,536Liabilities 2017: $801,684Net Assets 2017: $3,536,8522017Assets 2018: $3,653,025Liabilities 2018: $951,729Net Assets 2018: $2,701,2962018Assets 2019: $3,335,391Liabilities 2019: $1,556,618Net Assets 2019: $1,778,7732019Assets 2020: $3,250,356Liabilities 2020: $1,369,656Net Assets 2020: $1,880,7002020Assets 2021: $3,481,355Liabilities 2021: $855,798Net Assets 2021: $2,625,5572021Assets 2022: $2,578,460Liabilities 2022: $538,341Net Assets 2022: $2,040,1192022Assets 2023: $1,857,562Liabilities 2023: $552,399Net Assets 2023: $1,305,1632023Assets 2024: $1,994,883Liabilities 2024: $858,339Net Assets 2024: $1,136,5442024

Highlighted filing

2016

Assets$4,064,928
Liabilities$747,150
Net Assets$3,317,778
Open 2016 Filing

Operations Trend

Revenue Growth64th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,658,2462010Expenses 2011: $8,555,3922011Expenses 2012: $9,835,9202012Revenue 2013: $10,045,726Expenses 2013: $9,886,350Net Income 2013: $159,3762013Revenue 2014: $9,717,737Expenses 2014: $9,856,135Net Income 2014: -$138,3982014Revenue 2015: $9,241,479Expenses 2015: $9,462,560Net Income 2015: -$221,0812015Revenue 2016: $9,801,635Expenses 2016: $9,728,952Net Income 2016: $72,6832016Revenue 2016: $9,801,635Expenses 2016: $9,728,952Net Income 2016: $72,6832016Revenue 2017: $10,405,607Expenses 2017: $10,186,533Net Income 2017: $219,0742017Revenue 2018: $10,016,495Expenses 2018: $10,852,051Net Income 2018: -$835,5562018Revenue 2019: $9,528,699Expenses 2019: $10,451,222Net Income 2019: -$922,5232019Revenue 2020: $4,900,158Expenses 2020: $4,798,231Net Income 2020: $101,9272020Revenue 2021: $4,696,614Expenses 2021: $3,951,757Net Income 2021: $744,8572021Revenue 2022: $5,656,958Expenses 2022: $6,242,396Net Income 2022: -$585,4382022Revenue 2023: $3,488,680Expenses 2023: $4,739,881Net Income 2023: -$1,251,2012023Revenue 2024: $4,005,034Expenses 2024: $4,173,653Net Income 2024: -$168,6192024

Highlighted filing

2016

Revenue$9,801,635
Expenses$9,728,952
Net Income$72,683
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 5, 2017
Return Version
2016v3.0
Gross Receipts
$9,801,635
Mission and Program Overview

Mission

To lead the global community of marketers and creatives in the media & entertainment industry, by celebrating excellence, driving talent and industry development, and connecting people.PromaxBDA is a member association representing more than 10,000 companies and individuals from major media organizations, marketing agencies, research companies, strategic and creative vendors and technology providers around the globe. With companies and individuals drawn from more than 70 countries, PromaxBDA is a truly international organization uniting the individuals who will pioneer tomorrow's electronic and broadcast media.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,205,786$2,285,851▲ $80,065
Cash and Non-Interest-Bearing Accounts$617,371$773,791▲ $156,420
Accounts Receivable$336,245$474,507▲ $138,262
Prepaid Expenses and Deferred Charges$505,311$340,884▼ $164,427
Land, Buildings, and Equipment, Net$166,582$145,353▼ $21,229
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,875,837$4,064,928▲ $189,091
Other Assets Total$44,542$44,542→ $0
Liabilities
Deferred Revenue$485,529$477,445▼ $8,084
Accounts Payable and Accrued Expenses$145,213$269,705▲ $124,492
Total Liabilities$630,742$747,150▲ $116,408
Net Assets / Fund Balance
Unrestricted Net Assets$3,245,095$3,317,778▲ $72,683
Total Net Assets Fund Balance$3,245,095$3,317,778▲ $72,683
Total Liabilities and Net Assets / Fund Balance$3,875,837$4,064,928▲ $189,091

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$34,502$1,271,064$1,305,566
Other Land Buildings$110,851$120,751$231,602
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve KazanjianPresident & CEOFT$335,000$90,000$431,000
Stacy D La CoteraVP Global AwardsFT$242,513$45,000$287,513
Lucian CojescuCIOFT$185,626$14,406$194,032
Stephen E EarleyVP, StrategicFT$109,447-$109,447

Board Members and Trustees

NameTitle
Scot ChastainChairman
Steph SebbagVice-Chair
Aileen MercielDirector
Alan BeardDirector
Alex AngeledesDirector
Amy EmmerichDirector
Andy BakerDirector
Annah ZafraniDirector
Brad SchwartzDirector
Cait HoodDirector
Chris SloanDirector
Dana FeldmanDirector
David HerbruckDirector
Eduardo RuizDirector
Ellen StoneDirector
Guy SlatteryDirector
Jenny WallDirector
Jesse RednissDirector
Joel BeckermanDirector
John YoungDirector
Kim RosenblumDirector
Lee RafteryDirector
Lucinda MartinezDirector
Meredith ConteDirector
Mike FarahDirector
Nigel Cox-HaganDirector
Puja VohraDirector
Rick LewchukDirector
Scott RoweDirector
Sibyl GoldmanDirector
Stephanie GibbonsDirector
Tim NolanConference Chai
Vicky FreeSecretary
Laurel BernardTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Sterling Enagements IncEvent Production3491 Cahuenga Boulevard West, Los Angeles, CA 90068$818,689
Brite Ideas by Greg Christy IncEvent Production23161 Antopnio Parkway, Rancho Santa Margari, CA 92688$333,084
MB ProductionsEvent Production40 Fairfield Place, West Caldwell, NJ 07006$302,868
MindLight Group LLCConsulting Services11693 San Vicente Blvd Suite 308, Los Angeles, CA 90049$153,000
Hayden Street Productions INCEvent Production2801 WEST OLIVE AVENUE SUITE 200, Burbank, CA 91505$146,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,371,112
Investment Income
$83,315
Other Revenue
$347,208
Change in Net Assets
$72,683
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,889,408
Salaries, Compensation, and Employee Benefits$2,839,544
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,220,127
Current Officers, Directors, Trustees, and Key Employees---$1,021,992
Travel---$537,074
Other Employee Benefits---$358,488
Fees for Services Accounting---$259,618
All Other Expenses---$258,422
Occupancy---$240,466
Payroll Taxes---$167,692
Advertising---$120,686
Other Expenses---$97,147
Depreciation Depletion---$88,770
Fees for Services Legal---$77,005
Pension Plan Contributions---$71,245
Office Expenses---$55,879
Insurance---$34,310
Total Functional Expenses$0$0$0$9,728,952
International Activity

International Summary

Employees
2
Spending
$1,063,959

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeConferenceConference/awards Competition02$1,063,959
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 is reviewed by cfo and the treasurer of the governing body. The treasurer makes recommendation to entire board on filing the tax return.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“All officers, directors, and key employees are reminded annually of their commitment to declare a conflict of interest, should one occur.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The organization utilizes a formal mechanism for review of an employee's job performance as it relates to the employee's job description and the organization policies and procedures. The performance appraisal process, conducted by the employee's immediate supervisor and/or by the executive director, is designed to provide a consistent and equitable method of determining the employee's performance level. A formal review of the employee's job performance is conducted on an annual basis, on or about the employee's anniversary from the date of hire, start date of full-time employment, and/or change to a new job position (e.g., promotion, transfer, etc.).”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Promax International BPME
EIN
95-3995395
Phone
3107891507
Address
5700 Wilshire Blvd Ste 275, Los Angeles, CA 90036

Signing Officer

Name
Steve Kazanjian
Title
President
Signed
2017-07-05
Discuss with paid preparer
Yes

Organization Details

Formed
1985
Legal Domicile
CA
Voting Board Members
35
Independent Board Members
31
Employees
29

Preparer

Firm
The Rocher Group
Address
10220 Riverside Drive Suite B, Toluca Lake, CA 91602
Preparer
Thomas A Engell
Phone
3235569200
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt370
IRS990/Form990PartVIISectionAGrp/PersonNm0Joel Beckerman
IRS990/Form990PartVIISectionAGrp/PersonNm1Scot Chastain
IRS990/Form990PartVIISectionAGrp/PersonNm2Steph Sebbag
IRS990/Form990PartVIISectionAGrp/PersonNm3Amy Emmerich
IRS990/Form990PartVIISectionAGrp/PersonNm4Nigel Cox-Hagan
IRS990/Form990PartVIISectionAGrp/PersonNm5Steve Kazanjian
IRS990/Form990PartVIISectionAGrp/PersonNm6Dana Feldman
IRS990/Form990PartVIISectionAGrp/PersonNm7Stephanie Gibbons
IRS990/Form990PartVIISectionAGrp/PersonNm8Sibyl Goldman
IRS990/Form990PartVIISectionAGrp/PersonNm9Alex Angeledes
IRS990/Form990PartVIISectionAGrp/PersonNm10Andy Baker
IRS990/Form990PartVIISectionAGrp/PersonNm11Vicky Free
IRS990/Form990PartVIISectionAGrp/PersonNm12David Herbruck
IRS990/Form990PartVIISectionAGrp/PersonNm13Aileen Merciel
IRS990/Form990PartVIISectionAGrp/PersonNm14Guy Slattery
IRS990/Form990PartVIISectionAGrp/PersonNm15Rick Lewchuk
IRS990/Form990PartVIISectionAGrp/PersonNm16Chris Sloan
IRS990/Form990PartVIISectionAGrp/PersonNm17Lee Raftery
IRS990/Form990PartVIISectionAGrp/PersonNm18Laurel Bernard
IRS990/Form990PartVIISectionAGrp/PersonNm19Cait Hood
IRS990/Form990PartVIISectionAGrp/PersonNm20Puja Vohra
IRS990/Form990PartVIISectionAGrp/PersonNm21John Young
IRS990/Form990PartVIISectionAGrp/PersonNm22Eduardo Ruiz
IRS990/Form990PartVIISectionAGrp/PersonNm23Jenny Wall
IRS990/Form990PartVIISectionAGrp/PersonNm24Scott Rowe
IRS990/Form990PartVIISectionAGrp/PersonNm25Jesse Redniss
IRS990/Form990PartVIISectionAGrp/PersonNm26Brad Schwartz
IRS990/Form990PartVIISectionAGrp/PersonNm27Annah Zafrani
IRS990/Form990PartVIISectionAGrp/PersonNm28Meredith Conte
IRS990/Form990PartVIISectionAGrp/PersonNm29Alan Beard
IRS990/Form990PartVIISectionAGrp/PersonNm30Mike Farah
IRS990/Form990PartVIISectionAGrp/PersonNm31Kim Rosenblum
IRS990/Form990PartVIISectionAGrp/PersonNm32Ellen Stone
IRS990/Form990PartVIISectionAGrp/PersonNm33Lucinda Martinez
IRS990/Form990PartVIISectionAGrp/PersonNm34Tim Nolan
IRS990/Form990PartVIISectionAGrp/PersonNm35STACY D LA COTERA
IRS990/Form990PartVIISectionAGrp/PersonNm36LUCIAN COJESCU
IRS990/Form990PartVIISectionAGrp/PersonNm37Stephen E Earley
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt360
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt370
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice-Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,064,928
Liabilities
$747,150
Net assets
$3,317,778
Revenue
$9,801,635
Expenses
$9,728,952
Net income
$72,683
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.86$1.14$4.01$4.17$0.17
2023Summary only. Only limited summary data is available for this year.$1.86$0.55$1.31$3.49$4.74$1.25
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$0.54$2.04$5.66$6.24$0.59
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$0.86$2.63$4.70$3.95$0.74
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.25$1.37$1.88$4.90$4.80$0.10
2019Summary only. Only limited summary data is available for this year.$3.34$1.56$1.78$9.53$10.5$0.92
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$0.95$2.70$10.0$10.9$0.84
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.34$0.80$3.54$10.4$10.2$0.22
2016Detailed filing. Detailed filing data is available for this year.$4.06$0.75$3.32$9.80$9.73$0.07
2016Summary only. Only limited summary data is available for this year.$4.06$0.75$3.32$9.80$9.73$0.07
2015Detailed filing. Detailed filing data is available for this year.$3.88$0.63$3.25$9.24$9.46$0.22
2014Detailed filing. Detailed filing data is available for this year.$4.36$0.90$3.47$9.72$9.86$0.14
2013Detailed filing. Detailed filing data is available for this year.$4.41$0.80$3.60$10.0$9.89$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.44$1.00$3.45$9.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.81$0.69$3.12$8.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.72$0.27$2.44$6.66