Civic Intelligence

Silver Bay Area Tourism Association

EIN 26-0394637 • 501(c)6 • Silver Bay, MN

Profile

The Silver Bay Area Tourism Association promotes and advertises the Silver Bay area with billboards, magazine advertisements, website and social media, as well as printed and digital publicactions and provides grants to events that promote tourism for the Silver Bay Area.

PO Box 1Silver Bay, MN 55614

bestofthenorthshore.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

51st percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

18th percentile

-28%

Higher net margin than 18% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

28th percentile

-18%

Faster asset growth than 28% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

16th percentile

-36%

Faster revenue growth than 16% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$91,779

Down $20,696 (-18%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$91,779

Down $20,696 (-18%) from 2021

Operations
Liabilities / Revenue51st percentileNet Margin18th percentile

Revenue

Down

$55,143

Down $31,567 (-36%) from 2021

Expenses

Down

$70,704

Down $2,346 (-3.2%) from 2021

Net Income

Down

-$15,561

Down $29,221 (-214%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth28th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2020: $98,815Liabilities 2020: $0Net Assets 2020: $98,8152020Assets 2021: $112,475Liabilities 2021: $0Net Assets 2021: $112,4752021Assets 2022: $91,779Liabilities 2022: $0Net Assets 2022: $91,7792022

Highlighted filing

2022

Assets$91,779
Liabilities$0
Net Assets$91,779
Open 2022 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2020: $80,584Expenses 2020: $79,245Net Income 2020: $1,3392020Revenue 2021: $86,710Expenses 2021: $73,050Net Income 2021: $13,6602021Revenue 2022: $55,143Expenses 2022: $70,704Net Income 2022: -$15,5612022

Highlighted filing

2022

Revenue$55,143
Expenses$70,704
Net Income-$15,561
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$91,779
Liabilities
$0
Net assets
$91,779
Revenue
$55,143
Expenses
$70,704
Net income
-$15,561
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.55$0.71$0.16
2021Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.87$0.73$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.81$0.79$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 14, 2023
Return Version
2022v5.0
Gross Receipts
$55,956
Mission and Program Overview

Mission

The Silver Bay Area Tourism Association promotes and advertises the Silver Bay area with billboards, magazine advertisements, website and social media, as well as printed and digital publications, hosts events and provides grants to events that promote tourism for the Silver Bay Area.

Program Services

DescriptionGrantsExpenses
Received $6,500 Grant allocation from Lake County, $9,999 Grant from IRRRB for Purchase Movie equipment, $85,000 Lodging Tax, Issued $2700 in Grants for Jay Harris, Tommy Ryman, and Chris Maddock for Comedy events, Granted Baydays festival $25,515 for Band and marketing expenses, Ran movie in the park event. Assisted local business with requesting grants from other organizations, Distributed brochures marketing the Silver Bay Area, Re-developed the website and promoted the Silver Bay area on social media, billboards and print advertising.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Floyd BakerPresident-$0--
Jason BarstowVice President-$0--
Chris BelangerSecretary-$0--
Phil HustonTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Silver Bay Area Tourism Association
EIN
26-0394637
Phone
7634437238
Address
PO Box 1, Silver Bay, MN 55614

Signing Officer

Name
Floyd Baker
Title
President
Phone
7634437238
Signed
2023-05-14
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Interest”

Raw XML Appendix131 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/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 1
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Silver Bay
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd055614
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0106937
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt091779
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt055844
IRS990EZ/CostOfGoodsSoldAmt00
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IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/ExcessOrDeficitForYearAmt0-15561
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt024072
IRS990EZ/ForeignFinancialAccountInd00
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IRS990EZ/FundraisingGrossIncomeAmt00
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt032180
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt055956
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IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Floyd Baker
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jason Barstow
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Chris Belanger
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Phil Huston
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0403
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt00
IRS990EZ/OtherRevenueTotalAmt0112
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The Silver Bay Area Tourism Association promotes and advertises the Silver Bay area with billboards, magazine advertisements, website and social media, as well as printed and digital publications, hosts events and provides grants to events that promote tourism for the Silver Bay Area.
IRS990EZ/PrintingPublicationsPostageAmt014452
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Received $6,500 Grant allocation from Lake County, $9,999 Grant from IRRRB for Purchase Movie equipment, $85,000 Lodging Tax, Issued $2700 in Grants for Jay Harris, Tommy Ryman, and Chris Maddock for Comedy events, Granted Baydays festival $25,515 for Band and marketing expenses, Ran movie in the park event. Assisted local business with requesting grants from other organizations, Distributed brochures marketing the Silver Bay Area, Re-developed the website and promoted the Silver Bay area on social media, billboards and print advertising.
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
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IRS990EZ/SaleOfAssetsGrossAmt00
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IRS990EZ/SpecialEventsNetIncomeLossAmt0-813
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
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IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TransactionWithControlEntInd00
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Interest
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/ProfilePasswordChangeInd0X
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07634437238
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SILVER BAY AREA TOURISM ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0SILV
ReturnHeader/Filer/EIN0260394637
ReturnHeader/Filer/PhoneNum07634437238
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1
ReturnHeader/Filer/USAddress/CityNm0Silver Bay
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055614
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02023-05-14T22:44:50-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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