Civic Intelligence

Montgomery County Visitors & Convention

EIN 35-1709499 • 501(c)6 • Crawfordsville, IN

Profile

To promote tourism in montgomery county

101 West Main StCrawfordsville, IN 47933

www.crawfordsville.org

Siviq Scores

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

Liabilities / Assets

71st percentile

0.07x

Higher debt load relative to assets than 71% of similar nonprofits.

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

Liabilities / Revenue

78th percentile

0.11x

Higher debt load relative to revenue than 78% of similar nonprofits.

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

Net Margin

40th percentile

-4.2%

Higher net margin than 40% of similar nonprofits.

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

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

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

Asset Growth

65th percentile

6.8%

Faster asset growth than 65% of similar nonprofits.

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

Revenue Growth

76th percentile

20%

Faster revenue growth than 76% of similar nonprofits.

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

Assets

Up

$312,027

Up $19,997 (+6.8%) from 2021

Liabilities

Up

$22,033

Up $17,763 (+416%) from 2021

Net Assets

Up

$289,994

Up $2,234 (+0.8%) from 2021

Revenue

Up

$199,704

Up $33,301 (+20%) from 2021

Expenses

Down

$208,181

Down $21,560 (-9.4%) from 2021

Net Income

Up

-$8,477

Up $54,861 (+87%) from 2021

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $301,106Liabilities 2010: $9,514Net Assets 2010: $291,5922010Assets 2011: $321,942Liabilities 2011: $16,459Net Assets 2011: $305,4832011Assets 2012: $343,213Liabilities 2012: $17,271Net Assets 2012: $325,9422012Assets 2013: $314,454Liabilities 2013: $16,035Net Assets 2013: $298,4192013Assets 2014: $266,523Liabilities 2014: $10,712Net Assets 2014: $255,8112014Assets 2015: $148,391Liabilities 2015: $10,965Net Assets 2015: $137,4262015Assets 2016: $173,948Liabilities 2016: $7,186Net Assets 2016: $166,7622016Assets 2017: $244,019Liabilities 2017: $10,725Net Assets 2017: $233,2942017Assets 2018: $239,210Liabilities 2018: $5,616Net Assets 2018: $233,5942018Assets 2020: $356,401Liabilities 2020: $13,648Net Assets 2020: $342,7532020Assets 2021: $292,030Liabilities 2021: $4,270Net Assets 2021: $287,7602021Assets 2022: $312,027Liabilities 2022: $22,033Net Assets 2022: $289,9942022

Highlighted filing

2022

Assets$312,027
Liabilities$22,033
Net Assets$289,994

Operations Trend

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

$300K$200K$100K$0-$100K-$200KRevenue 2010: $175,773Expenses 2010: $136,536Net Income 2010: $39,2372010Revenue 2011: $163,975Expenses 2011: $150,084Net Income 2011: $13,8912011Revenue 2012: $164,000Expenses 2012: $143,541Net Income 2012: $20,4592012Revenue 2013: $169,111Expenses 2013: $196,634Net Income 2013: -$27,5232013Revenue 2014: $124,908Expenses 2014: $167,517Net Income 2014: -$42,6092014Revenue 2015: $80,032Expenses 2015: $198,417Net Income 2015: -$118,3852015Revenue 2016: $195,078Expenses 2016: $165,742Net Income 2016: $29,3362016Revenue 2017: $248,052Expenses 2017: $181,533Net Income 2017: $66,5192017Revenue 2018: $253,430Expenses 2018: $251,801Net Income 2018: $1,6292018Revenue 2020: $199,144Expenses 2020: $205,316Net Income 2020: -$6,1722020Revenue 2021: $166,403Expenses 2021: $229,741Net Income 2021: -$63,3382021Revenue 2022: $199,704Expenses 2022: $208,181Net Income 2022: -$8,4772022

Highlighted filing

2022

Revenue$199,704
Expenses$208,181
Net Income-$8,477

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 3, 2023
Return Version
2022v5.0
Gross Receipts
$200,057
Mission and Program Overview

Mission

To promote destination brand experience and the development of communities and businesses for leisure and event visitors with emphasis on generating overnight stays, increased visitor spending, and achieving higher county quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$210,841$176,517▼ $34,324
Land, Buildings, and Equipment, Net$81,189$78,843▼ $2,346
Accounts Receivable-$50,000-
Prepaid Expenses and Deferred Charges-$6,667-
Total Assets$292,030$312,027▲ $19,997
Liabilities
Accounts Payable and Accrued Expenses$4,270$18,340▲ $14,070
Other Liabilities$0$3,693▲ $3,693
Total Liabilities$4,270$22,033▲ $17,763
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$287,760$289,994▲ $2,234
Total Net Assets Fund Balance$287,760$289,994▲ $2,234
Total Liabilities and Net Assets / Fund Balance$292,030$312,027▲ $19,997

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$56,554$86,661$143,215
Other Land Buildings$12,289$13,920$26,209
Land$10,000-$10,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Heather ShirkExecutive DirectorFT$50,499$50,499
Morgan MorrisOffice ManagerPT$17,349$17,349

Board Members and Trustees

NameTitle
S Dave LongPresident
Casey HockersmithVice President
Bobby HortinBoard Member
Darren HaasBoard Member
Dave PeachBoard Member
Esther ThorntonBoard Member
Jessica HarrisBoard Member
Kim Buckner ClarkBoard Member
Kim YagerBoard Member
Larry PaarlbergBoard Member
Sarah CampbellBoard Member
Dawn RuskSecretary
Rhonda SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$199,974
Program Service Revenue
$0
Investment Income
$-270
Other Revenue
$0
Change in Net Assets
$-8,477

Audited Revenue Reconciliation

Revenue per Audited Statements
$200,057
Revenue Not Reported on Financial Statements
$-353
Revenue Not Reported on Form 990
$21,600
Other Revenue Adjustments
$-353
Total Revenue per Audited Statements
$221,657
Total Revenue per Form 990
$199,704
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$137,052
Salaries, Compensation, and Employee Benefits$71,129
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$82,206$20,552-$102,758
Current Officers, Directors, Trustees, and Key Employees$52,615$13,153-$65,768
Depreciation Depletion$4,994$1,248-$6,242
Occupancy$4,809$1,203-$6,012
Payroll Taxes$4,289$1,072-$5,361
Information Technology$3,654$914-$4,568
Office Expenses$3,172$793-$3,965
Insurance$2,178$544-$2,722
Fees for Services Accounting$1,974$493-$2,467
Other Expenses$1,856$464-$2,320
Fees for Services Other$1,430$358-$1,788
Interest$504$126-$630
Total Functional Expenses$166,545$41,636$0$208,181

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$230,134
Expenses per Audited Statements$208,181
Total Expenses per Form 990$208,181
Expenses Not Reported on Form 990$21,953
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Benefits$3,693
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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 A, Line 8B

The organization does not have committees with the authority to act on behalf of the board of directors.

Form 990, Part VI, Section B, Line 11B

A draft of the form 990 is provided to board members for their review before the final return is filed.

Form 990, Part VI, Section C, Line 19

The organization's governing documents are made available upon request

Filing and Contact Details

Filer

Filer Name
Montgomery County Visitor & Convention
EIN
35-1709499
Phone
7653625200
Address
101 WEST MAIN ST, CRAWFORDSVILLE, IN 47933

Signing Officer

Name
Heather Shirk
Title
Executive Director
Phone
7653625200
Signed
2023-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heather Shirk
Formed
1987
Legal Domicile
In
Voting Board Members
13
Independent Board Members
13
Employees
2
Volunteers
30

Preparer

Firm
Donovan Pc
Address
5151 E US HWY 36, AVON, IN 46123
Preparer
Jeffrey M Donovan CPA Cva Maff
Phone
3177456411
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Prior period adjustment 10,711.

FORM 990, PART XII, LINE 2C:

The board of directors assumes responsibility for the oversight of the audit of its financial statements and selection of an independent accountant.

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Loss on disposal of equipment -353.

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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt010711
IRS990/OtherExpensesGrp/Desc0SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1EQUIPMENT LEASES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0716
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1464
IRS990/OtherExpensesGrp/ProgramServicesAmt02864
IRS990/OtherExpensesGrp/ProgramServicesAmt11856
IRS990/OtherExpensesGrp/TotalAmt03580
IRS990/OtherExpensesGrp/TotalAmt12320
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt03693
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01072
IRS990/PayrollTaxesGrp/ProgramServicesAmt04289
IRS990/PayrollTaxesGrp/TotalAmt05361
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06667
IRS990/PrincipalOfficerNm0HEATHER SHIRK
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0166336
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt067
IRS990/PYOtherExpensesAmt0154930
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-63338
IRS990/PYSalariesCompEmpBnftPaidAmt074811
IRS990/PYTotalExpensesAmt0229741
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0166403
IRS990/ReconcilationRevenueExpnssAmt0-8477
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt056554
IRS990ScheduleD/BuildingsGrp/DepreciationAmt086661
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0143215
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt021600
IRS990ScheduleD/DonatedServicesUseFcltsAmt021600
IRS990ScheduleD/ExpensesNotReportedAmt021953
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0208181
IRS990ScheduleD/LandGrp/BookValueAmt010000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt010000
IRS990ScheduleD/LossesReportedAmt0353
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012289
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013920
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt026209
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03693
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL BENEFITS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-353
IRS990ScheduleD/RevenueNotReportedAmt021600
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-353
IRS990ScheduleD/RevenueSubtotalAmt0200057
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS ON DISPOSAL OF EQUIPMENT -353.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt078843
IRS990ScheduleD/TotalExpensesPerForm990Amt0208181
IRS990ScheduleD/TotalLiabilityAmt03693
IRS990ScheduleD/TotalRevenuePerForm990Amt0199704
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0221657
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0230134
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE FORM 990 IS PROVIDED TO BOARD MEMBERS FOR THEIR REVIEW BEFORE THE FINAL RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR PERIOD ADJUSTMENT 10,711.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0292030
IRS990/TotalAssetsEOYAmt0312027
IRS990/TotalAssetsGrp/BOYAmt0292030
IRS990/TotalAssetsGrp/EOYAmt0312027
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0199974
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt041636
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0166545
IRS990/TotalFunctionalExpensesGrp/TotalAmt0208181
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04270
IRS990/TotalLiabilitiesEOYAmt022033
IRS990/TotalLiabilitiesGrp/BOYAmt04270
IRS990/TotalLiabilitiesGrp/EOYAmt022033
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0287760
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0289994
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0166545
IRS990/TotalReportableCompFromOrgAmt067848
IRS990/TotalRevenueGrp/ExclusionAmt0-270
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0199704
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0292030
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0312027
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0101 WEST MAIN ST
IRS990/USAddress/CityNm0CRAWFORDSVILLE
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd047933
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.VISITMOCO.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HEATHER SHIRK

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