Civic Intelligence

Visalia Convention & Visitors Bureau

990 • Fiscal year 2015 • EIN 20-5199890

Jul 01, 2014 to Jun 30, 2015 • Filed on Sep 21, 2015

PO Box 2734Visalia, CA 93279

(559) 713-4004

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.00x

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

87th percentile

23%

Higher net margin than 87% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

98th percentile

219%

Faster asset growth than 98% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

38th percentile

-3.9%

Faster revenue growth than 38% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$111,837

Up $76,770 (+219%) from 2014

Net Assets

Up

$111,837

Up $76,770 (+219%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$329,377

Down $13,202 (-3.9%) from 2014

Expenses

Down

$252,607

Down $61,705 (-20%) from 2014

Net Income

Up

$76,770

Up $48,503 (+172%) from 2014

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $59,762Liabilities 2011: $0Net Assets 2011: $59,7622011Assets 2012: $36,009Liabilities 2012: $1,400Net Assets 2012: $34,6092012Assets 2013: $6,800Liabilities 2013: $0Net Assets 2013: $6,8002013Assets 2014: $35,067Liabilities 2014: $0Net Assets 2014: $35,0672014Assets 2015: $111,837Liabilities 2015: $0Net Assets 2015: $111,8372015Assets 2016: $149,741Liabilities 2016: $0Net Assets 2016: $149,7412016Assets 2017: $247,850Liabilities 2017: $38,563Net Assets 2017: $209,2872017Assets 2018: $192,749Liabilities 2018: $8,113Net Assets 2018: $184,6362018Assets 2019: $108,904Liabilities 2019: $5,534Net Assets 2019: $103,3702019Assets 2020: $177,685Liabilities 2020: $5,002Net Assets 2020: $172,6832020Assets 2021: $261,354Liabilities 2021: $3,400Net Assets 2021: $257,9542021Assets 2022: $293,799Liabilities 2022: $2,267Net Assets 2022: $291,5322022Assets 2023: $355,660Liabilities 2023: $18,696Net Assets 2023: $336,9642023Assets 2024: $313,493Liabilities 2024: $29,897Net Assets 2024: $283,5962024

Highlighted filing

2015

Assets$111,837
Liabilities$0
Net Assets$111,837

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $308,113Expenses 2011: $271,697Net Income 2011: $36,4162011Revenue 2012: $342,524Expenses 2012: $367,677Net Income 2012: -$25,1532012Revenue 2013: $328,227Expenses 2013: $356,036Net Income 2013: -$27,8092013Revenue 2014: $342,579Expenses 2014: $314,312Net Income 2014: $28,2672014Revenue 2015: $329,377Expenses 2015: $252,607Net Income 2015: $76,7702015Revenue 2016: $318,500Expenses 2016: $280,596Net Income 2016: $37,9042016Revenue 2017: $331,437Expenses 2017: $271,891Net Income 2017: $59,5462017Revenue 2018: $373,283Expenses 2018: $397,934Net Income 2018: -$24,6512018Revenue 2019: $402,428Expenses 2019: $464,496Net Income 2019: -$62,0682019Revenue 2020: $432,795Expenses 2020: $363,482Net Income 2020: $69,3132020Revenue 2021: $508,998Expenses 2021: $423,727Net Income 2021: $85,2712021Revenue 2022: $456,814Expenses 2022: $423,236Net Income 2022: $33,5782022Revenue 2023: $485,220Expenses 2023: $439,788Net Income 2023: $45,4322023Revenue 2024: $1,133,610Expenses 2024: $1,186,978Net Income 2024: -$53,3682024

Highlighted filing

2015

Revenue$329,377
Expenses$252,607
Net Income$76,770
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Sep 21, 2015
Return Version
2014v5.0
Gross Receipts
$329,377
Mission and Program Overview

Mission

To serve as the marketing and promotional agency responsible for convention and tourism business in the city of visalia.

To promote the city of visalia as an optimum location for conventions and community events.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$35,067$111,837▲ $76,770
Cash and Non-Interest-Bearing Accounts$32,541$86,816▲ $54,275
Savings and Temporary Cash Investments$2,526$25,021▲ $22,495
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$35,067$111,837▲ $76,770
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$35,067$111,837▲ $76,770
Total Liabilities and Net Assets / Fund Balance$35,067$111,837▲ $76,770
Compensation and Service Providers

Board Members and Trustees

NameTitle
Samantha Rummage MathiasBoard Chair
Carrie GrooverBoard Vice Chair
Anil ChagonSecretray
Wally RoebenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$294,898
Program Service Revenue
$33,978
Investment Income
$24
Other Revenue
$477
Change in Net Assets
$76,770
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$138,727
Salaries, Compensation, and Employee Benefits$113,880
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$96,152
Advertising---$76,764
Payroll Taxes---$14,162
Conferences and Meetings---$12,651
Travel---$9,196
Office Expenses---$4,386
Insurance---$3,979
Other Expenses---$3,104
Pension Plan Contributions---$2,383
All Other Expenses---$1,722
Other Employee Benefits---$1,183
Fees for Services Accounting---$1,070
Occupancy---$694
Total Functional Expenses$0$0$0$252,607
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 11

The form 990 is provided to the organization's treasurer in draft form prior to filing the form with the internal revenue service.

Form 990, Part VI, Section C, Line 18

The organization provides its form 1023 and 990 available for public inspection upon written request or during normal business hous at 100 willow plaza, suite 400, visalia, ca 93291.

Form 990, Part VI, Section C, Line 19

The organization provides its governing documents and financial statements upon written request within 90 days of the request. The organization adopted a conflict of interest policy upon formation on july 7, 2006, and a copy of it is included in the organization's employee handbook.

Filing and Contact Details

Filer

Filer Name
Visalia Convention & Visitors Bureau
EIN
20-5199890
Phone
5597134004
Address
PO BOX 2734, VISALIA, CA 93279

Signing Officer

Name
Wally Roeben
Title
Treasurer
Phone
5597381700
Signed
2015-09-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samantha Rummage Mathias
Formed
2006
Legal Domicile
CA
Voting Board Members
19
Independent Board Members
19
Employees
3
Volunteers
30

Preparer

Firm
VOLLMER DANIEL GAEBE & GROVELLP CPA'S
Address
100 WILLOW PLAZA SUITE 400, VISALIA, CA 93291
Preparer
Kevin E Daniel
Phone
5597331051
Raw XML Appendix297 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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IRS990/AllOtherExpensesGrp/TotalAmt01722
IRS990/BackupWthldComplianceInd01
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PROVIDED TO THE ORGANIZATION'S TREASURER IN DRAFT FORM PRIOR TO FILING THE FORM WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION PROVIDES ITS FORM 1023 AND 990 AVAILABLE FOR PUBLIC INSPECTION UPON WRITTEN REQUEST OR DURING NORMAL BUSINESS HOUS AT 100 WILLOW PLAZA, SUITE 400, VISALIA, CA 93291.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS UPON WRITTEN REQUEST WITHIN 90 DAYS OF THE REQUEST. THE ORGANIZATION ADOPTED A CONFLICT OF INTEREST POLICY UPON FORMATION ON JULY 7, 2006, AND A COPY OF IT IS INCLUDED IN THE ORGANIZATION'S EMPLOYEE HANDBOOK.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/BuildTS02016-02-25 16:41:14Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 WILLOW PLAZA SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VISALIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd093291
ReturnHeader/PreparerPersonGrp/PhoneNum05597331051
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN E DANIEL
ReturnHeader/ReturnTs02015-10-06T10:09:48-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.31$0.03$0.28$1.13$1.19$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.36$0.02$0.34$0.49$0.44$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.46$0.42$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.51$0.42$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.17$0.43$0.36$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.11$0.01$0.10$0.40$0.46$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.19$0.01$0.18$0.37$0.40$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.25$0.04$0.21$0.33$0.27$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.32$0.28$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.33$0.25$0.08
2014Summary only. Only limited summary data is available for this year.$0.04$0.00$0.04$0.34$0.31$0.03
2013Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$0.33$0.36$0.03
2012Summary only. Only limited summary data is available for this year.$0.04$0.00$0.03$0.34$0.37$0.03
2011Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.31$0.27$0.04