Civic Intelligence

Cayuga County Convention and Visitors Bureau Inc.

990 • Fiscal year 2019 • EIN 16-1491272

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

25 South StreetAuburn, NY 13021

(315) 255-1658

Siviq Scores

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

Liabilities / Assets

34th percentile

0.02x

Higher debt load relative to assets than 34% of similar nonprofits.

2019 filings • NTEE S • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

29th percentile

0.01x

Higher debt load relative to revenue than 29% of similar nonprofits.

2019 filings • NTEE S • $500k-$1M nonprofits • Source year 2019

Net Margin

59th percentile

7.6%

Higher net margin than 59% of similar nonprofits.

2019 filings • NTEE S • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

65th percentile

$72,288

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

2019 filings • NTEE S • $500k-$1M nonprofits • Source year 2019

Asset Growth

68th percentile

15%

Faster asset growth than 68% of similar nonprofits.

2019 filings • NTEE S • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

63rd percentile

11%

Faster revenue growth than 63% of similar nonprofits.

2019 filings • NTEE S • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$446,419

Up $58,928 (+15%) from 2018

Net Assets

Up

$436,961

Up $52,955 (+14%) from 2018

Liabilities

Up

$9,458

Up $5,973 (+171%) from 2018

Revenue

Up

$696,488

Up $71,226 (+11%) from 2018

Expenses

Up

$643,533

Up $16,923 (+2.7%) from 2018

Net Income

Up

$52,955

Up $54,303 (+4028%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $317,517Liabilities 2011: $5,006Net Assets 2011: $312,5112011Assets 2012: $397,006Liabilities 2012: $145Net Assets 2012: $396,8612012Assets 2013: $357,966Liabilities 2013: $13Net Assets 2013: $357,9532013Assets 2014: $382,509Liabilities 2014: $22Net Assets 2014: $382,4872014Assets 2015: $368,470Liabilities 2015: $1,897Net Assets 2015: $366,5732015Assets 2016: $396,084Liabilities 2016: $0Net Assets 2016: $396,0842016Assets 2017: $385,354Liabilities 2017: $0Net Assets 2017: $385,3542017Assets 2018: $387,491Liabilities 2018: $3,485Net Assets 2018: $384,0062018Assets 2019: $446,419Liabilities 2019: $9,458Net Assets 2019: $436,9612019Assets 2020: $638,168Liabilities 2020: $9,489Net Assets 2020: $628,6792020Assets 2021: $837,193Liabilities 2021: $3,148Net Assets 2021: $834,0452021Assets 2022: $1,037,009Liabilities 2022: $49,350Net Assets 2022: $987,6592022Assets 2023: $908,539Liabilities 2023: $50,149Net Assets 2023: $858,3902023Assets 2024: $880,384Liabilities 2024: $75,125Net Assets 2024: $805,2592024

Highlighted filing

2019

Assets$446,419
Liabilities$9,458
Net Assets$436,961

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $458,190Expenses 2011: $446,293Net Income 2011: $11,8972011Revenue 2012: $517,284Expenses 2012: $441,434Net Income 2012: $75,8502012Revenue 2013: $551,665Expenses 2013: $590,573Net Income 2013: -$38,9082013Revenue 2014: $589,883Expenses 2014: $565,349Net Income 2014: $24,5342014Revenue 2015: $584,093Expenses 2015: $600,007Net Income 2015: -$15,9142015Revenue 2016: $606,902Expenses 2016: $577,391Net Income 2016: $29,5112016Revenue 2017: $588,962Expenses 2017: $599,692Net Income 2017: -$10,7302017Revenue 2018: $625,262Expenses 2018: $626,610Net Income 2018: -$1,3482018Revenue 2019: $696,488Expenses 2019: $643,533Net Income 2019: $52,9552019Revenue 2020: $632,839Expenses 2020: $441,121Net Income 2020: $191,7182020Revenue 2021: $991,244Expenses 2021: $785,878Net Income 2021: $205,3662021Revenue 2022: $1,138,380Expenses 2022: $984,766Net Income 2022: $153,6142022Revenue 2023: $1,193,184Expenses 2023: $1,354,193Net Income 2023: -$161,0092023Revenue 2024: $1,255,897Expenses 2024: $1,337,785Net Income 2024: -$81,8882024

Highlighted filing

2019

Revenue$696,488
Expenses$643,533
Net Income$52,955
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.1
Gross Receipts
$696,488
Mission and Program Overview

Mission

To promote, support and increase tourism and thereby stimulate economic growth and improve the quality of life for area residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$221,463$221,977▲ $514
Cash and Non-Interest-Bearing Accounts$144,728$214,027▲ $69,299
Land, Buildings, and Equipment, Net$21,300$8,955▼ $12,345
Prepaid Expenses and Deferred Charges-$1,460-
Total Assets$387,491$446,419▲ $58,928
Liabilities
Accounts Payable and Accrued Expenses$3,485$9,458▲ $5,973
Total Liabilities$3,485$9,458▲ $5,973
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$384,006$436,961▲ $52,955
Total Net Assets Fund Balance$384,006$436,961▲ $52,955
Total Liabilities and Net Assets / Fund Balance$387,491$446,419▲ $58,928

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,955$57,263$66,218
Leasehold Improvements$0$2,100$2,100
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karen KuhlExecutive DirectorFT$72,288$72,288

Board Members and Trustees

NameTitle
Jessica CantuChair (part Year)
Andrea SeamansDirector/chair
Steve LynchVice Chair
Adam WinslowDirector
Charles MasonDirector
Cheryl LongyearDirector
Doug Dello StrittoDirector
Erin KatzkerDirector
Jeffrey LudwigDirector
Jennifer HainesDirector
Joseph DeforestDirector
Kirsten WiseDirector
Meryl EriksenDirector
Sallee Ten EyckDirector
Stephanie DevitoDirector
Susan LemonDirector
Tracy VerrierDirector
Brendan GrilloDirector (part Year)
Brett SmockDirector (part Year)
Connie ReilleyDirector (part Year)
Dan LarsonDirector (part Year)
Linda EldredSecretary
Susan DoveTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$689,870
Program Service Revenue
$6,104
Investment Income
$514
Other Revenue
$0
Change in Net Assets
$52,955
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$454,049
Salaries, Compensation, and Employee Benefits$189,484
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$273,362--$273,362
Other Salaries and Wages$72,743$8,082-$80,825
Current Officers, Directors, Trustees, and Key Employees$65,059$7,229-$72,288
Office Expenses$19,000$4,508-$23,508
Other Employee Benefits$14,877$1,653-$16,530
Depreciation Depletion$9,259$3,086-$12,345
Occupancy$9,000$3,000-$12,000
Payroll Taxes$10,669$1,186-$11,855
Fees for Services Accounting$2,219$6,239-$8,458
Pension Plan Contributions$7,188$798-$7,986
Fees for Services Other$3,992$1,331-$5,323
Conferences and Meetings$4,609$512-$5,121
Other Expenses$4,492--$4,492
Insurance$2,291$255-$2,546
All Other Expenses$2,335$25-$2,360
Total Functional Expenses$605,629$37,904$0$643,533
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
No
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, Section B, Line 11B

The board of directors receives a copy of this return before it is filed for their review and/or comments. Subsequent to their approval during the board of director's meeting, the return is signed and filed.

Form 990, Part VI, Section B, Line 12C

The organization reviews all transactions throughout the year to ensure they are not in violation of it's conflict of interest policy.

Form 990, Part VI, Section B, Line 15A

The organization periodically conducts a salary study for the executive director. Based on other similar job descriptions in similar communities a salary is set, and then in subsequent years a cost of living adjustment is made. The last salary study was conducted in 2014.

Form 990, Part VI, Section C, Line 19

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
Cayuga County Convention and
EIN
16-1491272
Phone
3152551658
Address
25 SOUTH STREET, AUBURN, NY 13021

Signing Officer

Name
Tracy Verrier
Title
Chair
Phone
3152551658
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrea Seamans
Formed
1995
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
18
Employees
3
Volunteers
23

Preparer

Firm
Insero & Co Cpas Llp
Address
401 E STATE STREET SUITE 500, ITHACA, NY 14850
Preparer
Patrick Jordan
Phone
6072724444
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 6

Board members serve on a volunteer basis

Form 990, Part XII, Line 2C

The process for review oversight and auditor selection has not changed from the prior year.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR/CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GovernmentGrantsAmt0689870
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0696488
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0255
IRS990/InsuranceGrp/ProgramServicesAmt02291
IRS990/InsuranceGrp/TotalAmt02546
IRS990/InvestmentIncomeGrp/ExclusionAmt0514
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0514
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt059363
IRS990/LandBldgEquipBasisNetGrp/BOYAmt021300
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08955
IRS990/LandBldgEquipCostOrOtherBssAmt068318
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE, SUPPORT AND INCREASE TOURISM AND THEREBY STIMULATE ECONOMIC GROWTH AND IMPROVE THE QUALITY OF LIFE FOR AREA RESIDENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0384006
IRS990/NetAssetsOrFundBalancesEOYAmt0436961
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0384006
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0436961
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt03000
IRS990/OccupancyGrp/ProgramServicesAmt09000
IRS990/OccupancyGrp/TotalAmt012000
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04508
IRS990/OfficeExpensesGrp/ProgramServicesAmt019000
IRS990/OfficeExpensesGrp/TotalAmt023508
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01653
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt014877
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016530
IRS990/OtherExpensesGrp/Desc0GROUP SALES
IRS990/OtherExpensesGrp/Desc1EDUCATION AND ADVOCACY
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/Desc3SHOW AND INFORMATION CE
IRS990/OtherExpensesGrp/ProgramServicesAmt087209
IRS990/OtherExpensesGrp/ProgramServicesAmt112089
IRS990/OtherExpensesGrp/ProgramServicesAmt25236
IRS990/OtherExpensesGrp/ProgramServicesAmt34492
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IRS990/OtherExpensesGrp/TotalAmt112089
IRS990/OtherExpensesGrp/TotalAmt25236
IRS990/OtherExpensesGrp/TotalAmt34492
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08082
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt072743
IRS990/OtherSalariesAndWagesGrp/TotalAmt080825
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01186
IRS990/PayrollTaxesGrp/ProgramServicesAmt010669
IRS990/PayrollTaxesGrp/TotalAmt011855
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0798
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07188
IRS990/PensionPlanContributionsGrp/TotalAmt07986
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01460
IRS990/PrincipalOfficerNm0ANDREA SEAMANS
IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
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IRS990/ProgramServiceRevenueGrp/Desc1MISCELLANEOUS INCOME
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1436
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05668
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1436
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0613821
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0297
IRS990/PYOtherExpensesAmt0428908
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt011144
IRS990/PYRevenuesLessExpensesAmt0-1348
IRS990/PYSalariesCompEmpBnftPaidAmt0197702
IRS990/PYTotalExpensesAmt0626610
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0625262
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt052955
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06104
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0221463
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0221977
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0689870
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0613821
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0581249
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0597250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0576144
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03058334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0514
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0272
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0289
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0240
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0345
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01660
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt057397
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0200
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01150
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0564
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01914

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.08$0.81$1.26$1.34$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.91$0.05$0.86$1.19$1.35$0.16
2022Detailed filing. Detailed filing data is available for this year.$1.04$0.05$0.99$1.14$0.98$0.15
2021Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.83$0.99$0.79$0.21
2020Detailed filing. Detailed filing data is available for this year.$0.64$0.01$0.63$0.63$0.44$0.19
2019Detailed filing. Detailed filing data is available for this year.$0.45$0.01$0.44$0.70$0.64$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.38$0.63$0.63$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.59$0.60$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.61$0.58$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$0.58$0.60$0.02
2014Summary only. Only limited summary data is available for this year.$0.38$0.00$0.38$0.59$0.57$0.02
2013Summary only. Only limited summary data is available for this year.$0.36$0.00$0.36$0.55$0.59$0.04
2012Summary only. Only limited summary data is available for this year.$0.40$0.00$0.40$0.52$0.44$0.08
2011Summary only. Only limited summary data is available for this year.$0.32$0.01$0.31$0.46$0.45$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • NTEE S40 • $500k-$1M nonprofits