Civic Intelligence

Thief River Falls Convention & Visitors Bureau Inc

990EZ • Fiscal year 2016 • EIN 01-0872302

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 09, 2017

PO Box 176Thief River Falls, MN 56701

(218) 686-9785

Siviq Scores

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

Liabilities / Assets

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

13th percentile

-19%

Higher net margin than 13% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

84th percentile

$45,145

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 37.6% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

2nd percentile

-76%

Faster asset growth than 2% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

17th percentile

-20%

Faster revenue growth than 17% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$7,254

Down $22,912 (-76%) from 2015

Net Assets

Down

$7,254

Down $22,912 (-76%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$119,973

Down $29,887 (-20%) from 2015

Expenses

Up

$142,885

Up $6,500 (+4.8%) from 2015

Net Income

Down

-$22,912

Down $36,387 (-270%) from 2015

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $42,796Liabilities 2011: $02011Assets 2012: $37,313Liabilities 2012: $0Net Assets 2012: $37,3132012Assets 2013: $31,813Liabilities 2013: $0Net Assets 2013: $31,8132013Assets 2014: $16,691Liabilities 2014: $0Net Assets 2014: $16,6912014Assets 2015: $30,166Liabilities 2015: $0Net Assets 2015: $30,1662015Assets 2016: $7,254Liabilities 2016: $0Net Assets 2016: $7,2542016Assets 2017: $7,049Liabilities 2017: $0Net Assets 2017: $7,0492017Assets 2018: $25,569Liabilities 2018: $1,198Net Assets 2018: $24,3712018Assets 2019: $56,911Liabilities 2019: $1,154Net Assets 2019: $55,7572019Assets 2020: $84,512Liabilities 2020: $909Net Assets 2020: $83,6032020Assets 2021: $78,705Liabilities 2021: $1,750Net Assets 2021: $76,9552021Assets 2022: $54,028Liabilities 2022: $0Net Assets 2022: $54,0282022Assets 2023: $54,120Liabilities 2023: $173Net Assets 2023: $53,9472023Assets 2024: $96,438Liabilities 2024: $446Net Assets 2024: $95,9922024

Highlighted filing

2016

Assets$7,254
Liabilities$0
Net Assets$7,254

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $103,300Expenses 2011: $115,919Net Income 2011: -$12,6192011Revenue 2012: $122,089Expenses 2012: $127,572Net Income 2012: -$5,4832012Revenue 2013: $126,616Expenses 2013: $132,116Net Income 2013: -$5,5002013Revenue 2014: $135,289Expenses 2014: $150,411Net Income 2014: -$15,1222014Revenue 2015: $149,860Expenses 2015: $136,385Net Income 2015: $13,4752015Revenue 2016: $119,973Expenses 2016: $142,885Net Income 2016: -$22,9122016Revenue 2017: $117,217Expenses 2017: $117,422Net Income 2017: -$2052017Revenue 2018: $132,608Expenses 2018: $115,286Net Income 2018: $17,3222018Revenue 2019: $150,451Expenses 2019: $119,065Net Income 2019: $31,3862019Revenue 2020: $124,999Expenses 2020: $97,153Net Income 2020: $27,8462020Revenue 2021: $162,318Expenses 2021: $168,966Net Income 2021: -$6,6482021Revenue 2022: $148,520Expenses 2022: $171,447Net Income 2022: -$22,9272022Revenue 2023: $150,736Expenses 2023: $150,817Net Income 2023: -$812023Revenue 2024: $168,599Expenses 2024: $126,554Net Income 2024: $42,0452024

Highlighted filing

2016

Revenue$119,973
Expenses$142,885
Net Income-$22,912
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 9, 2017
Return Version
2016v3.0
Gross Receipts
$119,973
Mission and Program Overview

Mission

Marketing thief river falls trade area

Program Services

DescriptionGrantsExpenses
CONVENTION & VISITORS BUREAU (CVB) RECEIVES LODGING TAX (COLLECTED BY LOCAL MOTELS) FROM CITY OF THIEF RIVER FALLS FOR MARKETING THE COMMUNITY AS A TOURISM DESTINATION, VENUE FOR EVENTS, ETC$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAURA STENGRIMExecutive DirectorFT$43,855$1,290$45,145
DAVID CARLSONCo-President-$0--
BARBI LARSONCo-President-$0--
MELISSA BENOITSecretary-$0--
HAMILTON KEEFEVice-President/Treasurer-$0--
LARRY ROHLFPast President-$0--
JOHN SHERACKDirector-$0--
JOE AMUNDSONDirector-$0--
MADELYN VIGENDirector-$0--
CARYL BUGGEDirector-$0--
CURT HOWEDirector-$0--
DEB GRORUDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Thief River Falls Convention & Visitors
EIN
01-0872302
Phone
2186869785
Address
PO BOX 176, THIEF RIVER FALLS, MN 56701

Signing Officer

Name
Barbi Larson
Title
Co-president
Phone
2186869785
Signed
2017-02-09
Discuss with paid preparer
Yes

Preparer

Firm
Brady Martz & Associates Pc
Address
100 THIRD ST E, THIEF RIVER FALLS, MN 56701-0790
Preparer
David Onkka CPA
Phone
2186816265
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest. Amount: 7.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: mn office of tourism. Amount: 5,133. Description: training classes. Amount: 314. Total to form 990-ez, line 8: 5,447.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: program expenses-marketing costs, advertising, sponsorships. Amount: 73,606. Description: dues, memberships. Amount: 1,723. Description: insurance. Amount: 1,611. Description: meetings, travel. Amount: 3,236. Description: office expense. Amount: 1,314. Description: depreciation. Amount: 909. Total to form 990-ez, line 16: 82,399.

Form 990-ez, Part II, Line 24 - Other Assets

Description: security deposit. Beg. Of year amount: 500. End of year amount: 500. Description: prepaid rent. Beg. Of year amount: 533. End of year amount: 0. Description: other depreciable assets. Beg. Of year amount: 4,419. End of year amount: 3,510.

Raw XML Appendix177 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CO-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5PAST PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11DIRECTOR
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CONVENTION & VISITORS BUREAU (CVB) RECEIVES LODGING TAX (COLLECTED BY LOCAL MOTELS) FROM CITY OF THIEF RIVER FALLS FOR MARKETING THE COMMUNITY AS A TOURISM DESTINATION, VENUE FOR EVENTS, ETC
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.VISITTRF.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 7.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MN OFFICE OF TOURISM. AMOUNT: 5,133. DESCRIPTION: TRAINING CLASSES. AMOUNT: 314. TOTAL TO FORM 990-EZ, LINE 8: 5,447.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PROGRAM EXPENSES-MARKETING COSTS, ADVERTISING, SPONSORSHIPS. AMOUNT: 73,606. DESCRIPTION: DUES, MEMBERSHIPS. AMOUNT: 1,723. DESCRIPTION: INSURANCE. AMOUNT: 1,611. DESCRIPTION: MEETINGS, TRAVEL. AMOUNT: 3,236. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 1,314. DESCRIPTION: DEPRECIATION. AMOUNT: 909. TOTAL TO FORM 990-EZ, LINE 16: 82,399.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: SECURITY DEPOSIT. BEG. OF YEAR AMOUNT: 500. END OF YEAR AMOUNT: 500. DESCRIPTION: PREPAID RENT. BEG. OF YEAR AMOUNT: 533. END OF YEAR AMOUNT: 0. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 4,419. END OF YEAR AMOUNT: 3,510.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BARBI LARSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02186869785
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THIEF RIVER FALLS CONVENTION & VISITORS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0BUREAU INC
ReturnHeader/Filer/BusinessNameControlTxt0THIE
ReturnHeader/Filer/EIN0010872302
ReturnHeader/Filer/PhoneNum02186869785
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ReturnHeader/FilingSecurityInformation/IPDt02017-02-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm014:04:09
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450310328
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRADY MARTZ & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 THIRD ST E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0THIEF RIVER FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0567010790
ReturnHeader/PreparerPersonGrp/PhoneNum02186816265
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID ONKKA CPA
ReturnHeader/ReturnTs02017-03-15T13:39:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$1.69$1.27$0.42
2023Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$1.51$1.51$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$1.49$1.71$0.23
2021Detailed filing. Detailed filing data is available for this year.$0.79$0.02$0.77$1.62$1.69$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.85$0.01$0.84$1.25$0.97$0.28
2019Detailed filing. Detailed filing data is available for this year.$0.57$0.01$0.56$1.50$1.19$0.31
2018Detailed filing. Detailed filing data is available for this year.$0.26$0.01$0.24$1.33$1.15$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$1.17$1.17$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$1.20$1.43$0.23
2015Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$1.50$1.36$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$1.35$1.50$0.15
2013Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$1.27$1.32$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$1.22$1.28$0.05
2011Summary only. Only limited summary data is available for this year.$0.43$0.00$1.03$1.16$0.13