Civic Intelligence

Valley Forge Convention and Visitors Bureau Ltd

990 • Fiscal year 2016 • EIN 23-2986440

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 07, 2017

1000 First Avenue No 101King Of Prussia, PA 19406

(610) 834-7970

Siviq Scores

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

Liabilities / Assets

48th percentile

0.17x

Higher debt load relative to assets than 48% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

35th percentile

0.09x

Higher debt load relative to revenue than 35% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Net Margin

21st percentile

-3.8%

Higher net margin than 21% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

74th percentile

$212,149

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Asset Growth

25th percentile

-3.1%

Faster asset growth than 25% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

74th percentile

11%

Faster revenue growth than 74% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,563,973

Down $83,390 (-3.1%) from 2015

Net Assets

Down

$2,129,120

Down $178,962 (-7.8%) from 2015

Liabilities

Up

$434,853

Up $95,572 (+28%) from 2015

Revenue

Up

$4,677,955

Up $452,153 (+11%) from 2015

Expenses

Up

$4,856,917

Up $464,663 (+11%) from 2015

Net Income

Down

-$178,962

Down $12,510 (-7.5%) from 2015

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $1,785,549Liabilities 2011: $482,704Net Assets 2011: $1,302,8452011Assets 2012: $2,086,653Liabilities 2012: $487,729Net Assets 2012: $1,598,9242012Assets 2013: $2,555,903Liabilities 2013: $536,438Net Assets 2013: $2,019,4652013Assets 2014: $3,093,121Liabilities 2014: $618,587Net Assets 2014: $2,474,5342014Assets 2015: $2,647,363Liabilities 2015: $339,281Net Assets 2015: $2,308,0822015Assets 2016: $2,563,973Liabilities 2016: $434,853Net Assets 2016: $2,129,1202016Assets 2017: $3,646,406Liabilities 2017: $495,589Net Assets 2017: $3,150,8172017Assets 2018: $5,051,018Liabilities 2018: $707,870Net Assets 2018: $4,343,1482018Assets 2019: $5,186,531Liabilities 2019: $600,823Net Assets 2019: $4,585,7082019Assets 2020: $4,752,483Liabilities 2020: $1,015,779Net Assets 2020: $3,736,7042020Assets 2021: $5,553,675Liabilities 2021: $755,807Net Assets 2021: $4,797,8682021Assets 2022: $5,927,993Liabilities 2022: $1,116,351Net Assets 2022: $4,811,6422022Assets 2023: $7,576,179Liabilities 2023: $2,355,335Net Assets 2023: $5,220,8442023Assets 2024: $8,577,025Liabilities 2024: $2,136,275Net Assets 2024: $6,440,7502024

Highlighted filing

2016

Assets$2,563,973
Liabilities$434,853
Net Assets$2,129,120

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $3,285,1442011Revenue 2012: $3,697,284Expenses 2012: $3,401,205Net Income 2012: $296,0792012Expenses 2013: $3,636,4072013Revenue 2014: $4,112,632Expenses 2014: $3,657,758Net Income 2014: $454,8742014Revenue 2015: $4,225,802Expenses 2015: $4,392,254Net Income 2015: -$166,4522015Revenue 2016: $4,677,955Expenses 2016: $4,856,917Net Income 2016: -$178,9622016Revenue 2017: $7,003,764Expenses 2017: $5,982,072Net Income 2017: $1,021,6922017Revenue 2018: $9,450,848Expenses 2018: $8,872,633Net Income 2018: $578,2152018Revenue 2019: $9,595,020Expenses 2019: $9,376,734Net Income 2019: $218,2862019Revenue 2020: $4,339,456Expenses 2020: $5,187,053Net Income 2020: -$847,5972020Revenue 2021: $9,336,877Expenses 2021: $8,260,545Net Income 2021: $1,076,3322021Revenue 2022: $8,752,305Expenses 2022: $8,729,594Net Income 2022: $22,7112022Revenue 2023: $10,231,925Expenses 2023: $9,854,870Net Income 2023: $377,0552023Revenue 2024: $11,575,692Expenses 2024: $10,362,950Net Income 2024: $1,212,7422024

Highlighted filing

2016

Revenue$4,677,955
Expenses$4,856,917
Net Income-$178,962
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 7, 2017
Return Version
2015v3.0
Gross Receipts
$4,703,604
Mission and Program Overview

Mission

SEE PAGE 1. LINE 1.

To strengthen ecomonic prosperity within montgomery county, pennsylvania, by raising its visibility as a tourism destination for leisure and convention markets. The people of the valley forge tourism and convention board work each day to inspire visitors to discover and explore our natural, cultural and historic assets. Ultimately increasing room nights for our world-class hotels and driving revenue in our member and partner businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,308,082$2,129,120▼ $178,962
Accounts Receivable$843,683$928,548▲ $84,865
Savings and Temporary Cash Investments$650,380$684,829▲ $34,449
Cash and Non-Interest-Bearing Accounts$693,195$644,797▼ $48,398
Prepaid Expenses and Deferred Charges$339,574$166,214▼ $173,360
Land, Buildings, and Equipment, Net$18,849$73,182▲ $54,333
Intangible Assets$101,682$66,403▼ $35,279
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,647,363$2,563,973▼ $83,390
Liabilities
Accounts Payable and Accrued Expenses$239,559$350,017▲ $110,458
Other Liabilities$99,722$79,801▼ $19,921
Deferred Revenue-$5,035-
Total Liabilities$339,281$434,853▲ $95,572
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,308,082$2,129,120▼ $178,962
Total Liabilities and Net Assets / Fund Balance$2,647,363$2,563,973▼ $83,390

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$73,182$108,943$182,125
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael BowmanPresident/CEOFT$199,338$12,811$212,149
Lisa KarlVice President of Sales and Strategic PartnershipsFT$120,572$12,106$132,678

Board Members and Trustees

NameTitle
Richard OdorisioDirector - Chairman
Tim BriggsDirector - Vice Chairman
Dulcie FlahartyDirector
James GrattonDirector
Jen GaleDirector
Mark NicolettiDirector
Wendy KlinghofferDirector
Kate HammondDirector - Ex-officio
Robert C HartDirector - Secretary
Nancy DunleavyDirector - Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$54,524
Program Service Revenue
$4,620,905
Investment Income
$2,314
Other Revenue
$212
Change in Net Assets
$-178,962

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,677,955
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,677,955
Total Revenue per Form 990
$4,677,955
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,605,033
Salaries, Compensation, and Employee Benefits$2,179,213
Grants and Similar Amounts Paid$72,671
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$1,648,255$290,868-$1,939,123
Other Salaries and Wages$1,192,310$262,603-$1,454,913
Current Officers, Directors, Trustees, and Key Employees$344,827--$344,827
Occupancy$198,063$34,952-$233,015
Other Employee Benefits$152,535$33,595-$186,130
Payroll Taxes$117,441$20,725-$138,166
Depreciation Depletion$65,793$11,611-$77,404
Grants to Domestic Orgs$72,671--$72,671
Fees for Services Accounting$55,481$9,791-$65,272
All Other Expenses$51,809$9,143-$60,952
Pension Plan Contributions$45,218$9,959-$55,177
Office Expenses$22,783$4,020-$26,803
Insurance$17,931$3,164-$21,095
Other Expenses$14,819$2,615-$17,434
Travel$8,872$1,566-$10,438
Fees for Services Legal$1,720$303-$2,023
Total Functional Expenses$4,139,281$717,636$0$4,856,917

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,856,917
Total Expenses per Audited Statements$4,856,917
Total Expenses per Form 990$4,856,917
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Friends of Valley Forge ParkKing of Prussia, PA501 C(3)Philanthropic$50,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$25,649
Fundraising Gross Income$25,649
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Revolutionary Run$80,173$25,649$25,649$0
Total Events$80,173$25,649$25,649$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent$79,801
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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, Section B, Line 11

The president/ceo will review with the board at a board of directors meeting prior to filing.

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

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by discussing it at board meetings annually.

Form 990, Part VI, Section B, Line 15

Compensation of the organization's officers or key employees is determined by the executive committee based on comparability data.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Valley Forge Tourism and Convention
EIN
23-2986440
Phone
6108347970
Address
1000 FIRST AVENUE NO 101, KING OF PRUSSIA, PA 19406
Doing Business As
Valley Forge Tourism and Convention Board

Signing Officer

Name
Michael Bowman
Title
President/CEO
Phone
6108347970
Signed
2017-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Bowman
Formed
1999
Legal Domicile
Pa
Voting Board Members
12
Independent Board Members
10
Employees
39
Volunteers
30

Preparer

Firm
Kreischer Miller
Address
100 WITMER ROAD SUITE 350, HORSHAM, PA 19044-2369
Preparer
Brad Frederick
Phone
2154414600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The board files federal form 990 and has not filed a form 990t. With few exceptions, the board is no longer subject to u.s. Federal or state and local income tax examinations by tax authorities for years before 2013. It is difficult to predict the final timing and resolution of any particular uncertain tax position. The board does not currently anticipate significant changes in its uncertain tax positions over the next 12 months.

Raw XML AppendixShowing 400 of 500 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0239559
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0350017
IRS990/AccountsReceivableGrp/BOYAmt0843683
IRS990/AccountsReceivableGrp/EOYAmt0928548
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO STRENGTHEN ECOMONIC PROSPERITY WITHIN MONTGOMERY COUNTY, PENNSYLVANIA, BY RAISING ITS VISIBILITY AS A TOURISM DESTINATION FOR LEISURE AND CONVENTION MARKETS. THE PEOPLE OF THE VALLEY FORGE TOURISM AND CONVENTION BOARD WORK EACH DAY TO INSPIRE VISITORS TO DISCOVER AND EXPLORE OUR NATURAL, CULTURAL AND HISTORIC ASSETS. ULTIMATELY INCREASING ROOM NIGHTS FOR OUR WORLD-CLASS HOTELS AND DRIVING REVENUE IN OUR MEMBER AND PARTNER BUSINESSES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0290868
IRS990/AdvertisingGrp/ProgramServicesAmt01648255
IRS990/AdvertisingGrp/TotalAmt01939123
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt09143
IRS990/AllOtherExpensesGrp/ProgramServicesAmt051809
IRS990/AllOtherExpensesGrp/TotalAmt060952
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum06108347960
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01000 FIRST AVENUE SUITE 101
IRS990/BooksInCareOfDetail/USAddress/CityNm0KING OF PRUSSIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd019406
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0693195
IRS990/CashNonInterestBearingGrp/EOYAmt0644797
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0344827
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0344827
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt054524
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt054524
IRS990/CYGrantsAndSimilarPaidAmt072671
IRS990/CYInvestmentIncomeAmt02314
IRS990/CYOtherExpensesAmt02605033
IRS990/CYOtherRevenueAmt0212
IRS990/CYProgramServiceRevenueAmt04620905
IRS990/CYRevenuesLessExpensesAmt0-178962
IRS990/CYSalariesCompEmpBnftPaidAmt02179213
IRS990/CYTotalExpensesAmt04856917
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04677955
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/EOYAmt05035
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt011611
IRS990/DepreciationDepletionGrp/ProgramServicesAmt065793
IRS990/DepreciationDepletionGrp/TotalAmt077404
IRS990/Desc0THE ORGANIZATION FUNCTIONS AS A NON-PROFIT MEMBERSHIP SALES AND MARKETING ORGANIZATION WHICH PROMOTES MONTGOMERY COUNTY, PA AND VALLEY FORGE AREAS AS A CONVENTION SITE AND LEISURE VISITOR DESTINATION. THE BUREAU REPRESENTED MORE THAN 450 MEMBER BUSINESSES AND PROMOTES PATRONAGE OF AREA HOTELS, RESTAURANTS, ATTRACTIONS AND SERVICES.THE BUREAU IS GOVERNED BY A 12 MEMBER TOURIST ADVISORY BOARD OF COUNTY HOSPITALITY INDUSTRY, BUSINESS AND CIVIC LEADERS WHO SERVE WITHOUT PAY AND ARE APPOINTED BY MONTGOMERY COUNTY GOVERNMENT. FUNDING FOR THE BUREAU ACTIVITIES IS PROVIDED BY A 2% COUNTY HOTEL ROOM TAX AND MEMBERSHIP DUES.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0VALLEY FORGE TOURISM AND CONVENTION BOARD
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt039
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/ExpenseAmt04139281
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09791
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt055481
IRS990/FeesForServicesAccountingGrp/TotalAmt065272
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0303
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01720
IRS990/FeesForServicesLegalGrp/TotalAmt02023
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1150.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1012811
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1112106
IRS990/Form990PartVIISectionAGrp/PersonNm0NANCY DUNLEAVY
IRS990/Form990PartVIISectionAGrp/PersonNm1RICHARD ODORISIO
IRS990/Form990PartVIISectionAGrp/PersonNm2MARK NICOLETTI
IRS990/Form990PartVIISectionAGrp/PersonNm3TIM BRIGGS
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBERT C HART
IRS990/Form990PartVIISectionAGrp/PersonNm5DULCIE FLAHARTY
IRS990/Form990PartVIISectionAGrp/PersonNm6WENDY KLINGHOFFER
IRS990/Form990PartVIISectionAGrp/PersonNm7KATE HAMMOND
IRS990/Form990PartVIISectionAGrp/PersonNm8JAMES GRATTON
IRS990/Form990PartVIISectionAGrp/PersonNm9JEN GALE
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL BOWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm11LISA KARL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10199338
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11120572
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR - TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR - CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR - VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR - SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR - EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt11VICE PRESIDENT OF SALES AND STRATEGIC PARTNERSHIPS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt054524
IRS990/FundraisingDirectExpensesAmt025649
IRS990/FundraisingGrossIncomeAmt025649
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt072671
IRS990/GrantsToDomesticOrgsGrp/TotalAmt072671
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04703604
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03164
IRS990/InsuranceGrp/ProgramServicesAmt017931
IRS990/InsuranceGrp/TotalAmt021095
IRS990/IntangibleAssetsGrp/BOYAmt0101682
IRS990/IntangibleAssetsGrp/EOYAmt066403
IRS990/InvestmentIncomeGrp/ExclusionAmt02314
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02314
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0108943
IRS990/LandBldgEquipBasisNetGrp/BOYAmt018849
IRS990/LandBldgEquipBasisNetGrp/EOYAmt073182
IRS990/LandBldgEquipCostOrOtherBssAmt0182125
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE PAGE 1. LINE 1.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02308082
IRS990/NetAssetsOrFundBalancesEOYAmt02129120
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt034952
IRS990/OccupancyGrp/ProgramServicesAmt0198063
IRS990/OccupancyGrp/TotalAmt0233015
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04020
IRS990/OfficeExpensesGrp/ProgramServicesAmt022783
IRS990/OfficeExpensesGrp/TotalAmt026803
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt033595
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0152535
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0186130
IRS990/OtherExpensesGrp/Desc0COMPUTER
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/Desc3POSTAGE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015390
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13798
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23533
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32615
IRS990/OtherExpensesGrp/ProgramServicesAmt087209
IRS990/OtherExpensesGrp/ProgramServicesAmt121524
IRS990/OtherExpensesGrp/ProgramServicesAmt220020
IRS990/OtherExpensesGrp/ProgramServicesAmt314819
IRS990/OtherExpensesGrp/TotalAmt0102599
IRS990/OtherExpensesGrp/TotalAmt125322
IRS990/OtherExpensesGrp/TotalAmt223553
IRS990/OtherExpensesGrp/TotalAmt317434
IRS990/OtherLiabilitiesGrp/BOYAmt099722
IRS990/OtherLiabilitiesGrp/EOYAmt079801
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0212
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0212
IRS990/OtherRevenueTotalAmt0212
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0262603
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01192310
IRS990/OtherSalariesAndWagesGrp/TotalAmt01454913
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020725
IRS990/PayrollTaxesGrp/ProgramServicesAmt0117441
IRS990/PayrollTaxesGrp/TotalAmt0138166
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt09959
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt045218
IRS990/PensionPlanContributionsGrp/TotalAmt055177
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0339574
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0166214
IRS990/PrincipalOfficerNm0MICHAEL BOWMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0MONTGOMERY COUNTY ROOM
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2CO-OP PROJECTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04329000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1160655
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2131250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04329000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1160655
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2131250
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt037251
IRS990/PYGrantsAndSimilarPaidAmt057382
IRS990/PYInvestmentIncomeAmt0665
IRS990/PYOtherExpensesAmt02504506
IRS990/PYOtherRevenueAmt02938
IRS990/PYProgramServiceRevenueAmt04184948
IRS990/PYRevenuesLessExpensesAmt0-166452
IRS990/PYSalariesCompEmpBnftPaidAmt01830366
IRS990/PYTotalExpensesAmt04392254
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04225802
IRS990/ReconcilationRevenueExpnssAmt0-178962
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04621117
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02308082
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02129120
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0650380
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0684829
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt073182
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0108943
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0182125
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04856917
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt079801
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED RENT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04677955
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE BOARD FILES FEDERAL FORM 990 AND HAS NOT FILED A FORM 990T. WITH FEW EXCEPTIONS, THE BOARD IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2013. IT IS DIFFICULT TO PREDICT THE FINAL TIMING AND RESOLUTION OF ANY PARTICULAR UNCERTAIN TAX POSITION. THE BOARD DOES NOT CURRENTLY ANTICIPATE SIGNIFICANT CHANGES IN ITS UNCERTAIN TAX POSITIONS OVER THE NEXT 12 MONTHS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt073182
IRS990ScheduleD/TotalExpensesPerForm990Amt04856917
IRS990ScheduleD/TotalLiabilityAmt079801
IRS990ScheduleD/TotalRevenuePerForm990Amt04677955
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04677955
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04856917
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt054524
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt054524
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt025649
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0REVOLUTIONARY RUN
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt080173
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt080173
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt025649
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt025649
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt025649
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt025649
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt050000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 C(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PHILANTHROPIC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FRIENDS OF VALLEY FORGE PARK
IRS990ScheduleI/RecipientTable/RecipientEIN0232036005
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01400 NORTH OUTER LINE DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0KING OF PRUSSIA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd019406
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF GRANTS AND THE SELECTION CRITERIA USED TO AWARD THE GRANTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0199338
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt02872
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt09939
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL BOWMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0212149
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT/CEO WILL REVIEW WITH THE BOARD AT A BOARD OF DIRECTORS MEETING PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY DISCUSSING IT AT BOARD MEETINGS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION OF THE ORGANIZATION'S OFFICERS OR KEY EMPLOYEES IS DETERMINED BY THE EXECUTIVE COMMITTEE BASED ON COMPARABILITY DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00

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.$8.58$2.14$6.44$11.6$10.4$1.21
2023Detailed filing. Detailed filing data is available for this year.$7.58$2.36$5.22$10.2$9.85$0.38
2022Detailed filing. Detailed filing data is available for this year.$5.93$1.12$4.81$8.75$8.73$0.02
2021Detailed filing. Detailed filing data is available for this year.$5.55$0.76$4.80$9.34$8.26$1.08
2020Detailed filing. Detailed filing data is available for this year.$4.75$1.02$3.74$4.34$5.19$0.85
2019Detailed filing. Detailed filing data is available for this year.$5.19$0.60$4.59$9.60$9.38$0.22
2018Detailed filing. Detailed filing data is available for this year.$5.05$0.71$4.34$9.45$8.87$0.58
2017Detailed filing. Detailed filing data is available for this year.$3.65$0.50$3.15$7.00$5.98$1.02
2016Detailed filing. Detailed filing data is available for this year.$2.56$0.43$2.13$4.68$4.86$0.18
2015Detailed filing. Detailed filing data is available for this year.$2.65$0.34$2.31$4.23$4.39$0.17
2014Detailed filing. Detailed filing data is available for this year.$3.09$0.62$2.47$4.11$3.66$0.45
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$0.54$2.02$3.64
2012Summary only. Only limited summary data is available for this year.$2.09$0.49$1.60$3.70$3.40$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.48$1.30$3.29