Civic Intelligence

Hamilton County Tourism Inc

990 • Fiscal year 2017 • EIN 35-1803805

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 01, 2018

37 East Main StCarmel, IN 46032

(317) 848-3181

Siviq Scores

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

Liabilities / Assets

50th percentile

0.17x

Higher debt load relative to assets than 50% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

35th percentile

0.09x

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

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

47th percentile

3.0%

Higher net margin than 47% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

72nd percentile

13%

Faster asset growth than 72% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

87th percentile

22%

Faster revenue growth than 87% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,356,779

Up $271,870 (+13%) from 2016

Net Assets

Up

$1,946,103

Up $140,332 (+7.8%) from 2016

Liabilities

Up

$410,676

Up $131,538 (+47%) from 2016

Revenue

Up

$4,679,487

Up $845,139 (+22%) from 2016

Expenses

Up

$4,539,155

Up $1,039,730 (+30%) from 2016

Net Income

Down

$140,332

Down $194,591 (-58%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $454,213Liabilities 2010: $113,219Net Assets 2010: $340,9942010Assets 2011: $1,068,882Liabilities 2011: $178,616Net Assets 2011: $890,2662011Assets 2012: $1,425,043Liabilities 2012: $126,652Net Assets 2012: $1,298,3912012Assets 2014: $1,521,042Liabilities 2014: $286,698Net Assets 2014: $1,234,3442014Assets 2015: $1,672,682Liabilities 2015: $201,834Net Assets 2015: $1,470,8482015Assets 2016: $2,084,909Liabilities 2016: $279,138Net Assets 2016: $1,805,7712016Assets 2017: $2,356,779Liabilities 2017: $410,676Net Assets 2017: $1,946,1032017Assets 2018: $2,029,377Liabilities 2018: $284,437Net Assets 2018: $1,744,9402018Assets 2019: $2,359,394Liabilities 2019: $384,411Net Assets 2019: $1,974,9832019Assets 2020: $2,631,572Liabilities 2020: $317,000Net Assets 2020: $2,314,5722020Assets 2021: $3,080,207Liabilities 2021: $561,666Net Assets 2021: $2,518,5412021Assets 2022: $5,681,053Liabilities 2022: $548,619Net Assets 2022: $5,132,4342022Assets 2023: $5,553,480Liabilities 2023: $584,193Net Assets 2023: $4,969,2872023Assets 2024: $5,605,797Liabilities 2024: $707,745Net Assets 2024: $4,898,0522024

Highlighted filing

2017

Assets$2,356,779
Liabilities$410,676
Net Assets$1,946,103

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $2,358,4322010Expenses 2011: $2,509,1632011Expenses 2012: $4,860,9282012Revenue 2014: $3,222,246Expenses 2014: $3,276,657Net Income 2014: -$54,4112014Revenue 2015: $3,644,880Expenses 2015: $3,408,376Net Income 2015: $236,5042015Revenue 2016: $3,834,348Expenses 2016: $3,499,425Net Income 2016: $334,9232016Revenue 2017: $4,679,487Expenses 2017: $4,539,155Net Income 2017: $140,3322017Revenue 2018: $5,031,521Expenses 2018: $5,232,684Net Income 2018: -$201,1632018Revenue 2019: $5,663,114Expenses 2019: $5,433,071Net Income 2019: $230,0432019Revenue 2020: $4,030,602Expenses 2020: $3,691,013Net Income 2020: $339,5892020Revenue 2021: $4,425,830Expenses 2021: $4,221,861Net Income 2021: $203,9692021Revenue 2022: $8,453,088Expenses 2022: $5,839,194Net Income 2022: $2,613,8942022Revenue 2023: $8,188,898Expenses 2023: $8,304,538Net Income 2023: -$115,6402023Revenue 2024: $8,719,122Expenses 2024: $8,788,722Net Income 2024: -$69,6002024

Highlighted filing

2017

Revenue$4,679,487
Expenses$4,539,155
Net Income$140,332
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 1, 2018
Return Version
2017v2.3
Gross Receipts
$4,679,487
Mission and Program Overview

Mission

To promote and encourage visitors to hamilton county, indiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$789,645$1,164,379▲ $374,734
Land, Buildings, and Equipment, Net$993,141$979,459▼ $13,682
Prepaid Expenses and Deferred Charges$295,366$195,116▼ $100,250
Accounts Receivable$6,757$17,825▲ $11,068
Total Assets$2,084,909$2,356,779▲ $271,870
Liabilities
Accounts Payable and Accrued Expenses$228,898$372,347▲ $143,449
Deferred Revenue$50,240$38,329▼ $11,911
Total Liabilities$279,138$410,676▲ $131,538
Net Assets / Fund Balance
Unrestricted Net Assets$867,580$996,527▲ $128,947
Temporarily Rstr Net Assets$938,191$949,576▲ $11,385
Total Net Assets Fund Balance$1,805,771$1,946,103▲ $140,332
Total Liabilities and Net Assets / Fund Balance$2,084,909$2,356,779▲ $271,870

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$938,059$477,564$1,415,623
Land$41,400-$41,400
Compensation and Service Providers

Board Members and Trustees

NameTitle
John HugheyPresident
Al PattersonDirector
Alaina ShonkwilerDirector
Bob DuboisDirector
Jay GladdenDirector
Jeremy GeisendorffDirector
Jimia SmithDirector
Melody JonesDirector
Andrew NewportDirector at
Jeffrey BrownDirector at
Gary MillerPast Preside
Emily Meaux LovisonSecretary /t
Amy AhlersmeyerVice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$4,593,840
Program Service Revenue
$85,540
Investment Income
$107
Other Revenue
$0
Change in Net Assets
$140,332

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,679,487
Total Revenue per Audited Statements
$4,679,487
Total Revenue per Form 990
$4,679,487
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,022,163
Salaries, Compensation, and Employee Benefits$1,441,354
Grants and Similar Amounts Paid$75,638
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$2,615,211--$2,615,211
Other Salaries and Wages$870,168$245,289-$1,115,457
Other Employee Benefits$147,371$46,151-$193,522
Payroll Taxes$67,810$19,168-$86,978
Occupancy$66,529$10,830-$77,359
Grants to Domestic Orgs$75,638--$75,638
Information Technology$61,730$10,049-$71,779
Office Expenses$64,405$4,233-$68,638
Conferences and Meetings$56,894--$56,894
Depreciation Depletion$41,607$6,773-$48,380
Pension Plan Contributions$39,042$6,355-$45,397
Insurance$20,136$3,278-$23,414
Travel$19,748--$19,748
Fees for Services Accounting-$17,895-$17,895
Fees for Services Legal-$11,731-$11,731
Fees for Services Other-$11,114-$11,114
Total Functional Expenses$4,146,289$392,866$0$4,539,155

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,539,155
Total Expenses per Audited Statements$4,539,155
Total Expenses per Form 990$4,539,155
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Conner PrairieFishers, IN501 C3Community Developmen$12,000
Carmel Performing ArtsCarmel, IN501c3Community Developmen$10,000
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
Annual disclosure for covered persons
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, Page 6, Part VI, Line 11B

The 990 was reviewed by members of the board of directors in a meeting before the document was mailed.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest policy sets out information and is given to each employee and board member.

Form 990, Page 6, Part VI, Line 15A

BY BOARD OF DIRECTORS

Form 990, Page 6, Part VI, Line 15B

BY BOARD OF DIRECTORS

Form 990, Page 6, Part VI, Line 19

IN PAPER BY REQUEST.

Filing and Contact Details

Filer

Filer Name
Hamilton County Tourism Inc
EIN
35-1803805
Phone
3178483181
Address
37 EAST MAIN ST, CARMEL, IN 46032

Signing Officer

Name
John Hughey
Title
President
Phone
3178483181
Signed
2018-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Hughey
Formed
1991
Legal Domicile
In
Voting Board Members
13
Independent Board Members
13
Employees
47

Preparer

Firm
Platinum Accounting LLC
Address
400 B NOBLE CREEK DR, NOBLESVILLE, IN 46060
Preparer
Josh T Sickler CPA
Phone
3177731897
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IRS990/PYRevenuesLessExpensesAmt0334923
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IRS990/PYTotalRevenueAmt03834348
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IRS990/ReconcilationRevenueExpnssAmt0140332
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/LandGrp/BookValueAmt041400
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt041400
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0938059
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0477564
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IRS990ScheduleD/RevenueSubtotalAmt04679487
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt113400 ALLISONVILLE RD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CARMEL
IRS990ScheduleI/RecipientTable/USAddress/CityNm1FISHERS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST POLICY SETS OUT INFORMATION AND IS GIVEN TO EACH EMPLOYEE AND BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BY BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN PAPER BY REQUEST.
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04146289
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04679487
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02084909
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt0867580
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IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0CARMEL
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046032
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.VISITHAMILTONCOUNTY.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN HUGHEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03178483181
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HAMILTON COUNTY TOURISM INC
ReturnHeader/Filer/BusinessNameControlTxt0HAMI
ReturnHeader/Filer/EIN0351803805
ReturnHeader/Filer/PhoneNum03178483181
ReturnHeader/Filer/USAddress/AddressLine1Txt037 EAST MAIN ST
ReturnHeader/Filer/USAddress/CityNm0CARMEL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046032
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C1496B44DC262EF703334EE96F67CB8C5F7F9704
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0041F4C17ADB085DE58BE27389BF72E4F34990B67
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.176.215.80
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm014:36:01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813874203
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PLATINUM ACCOUNTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0400 B NOBLE CREEK DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NOBLESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046060
ReturnHeader/PreparerPersonGrp/PhoneNum03177731897
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSH T SICKLER CPA

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.$5.61$0.71$4.90$8.72$8.79$0.07
2023Detailed filing. Detailed filing data is available for this year.$5.55$0.58$4.97$8.19$8.30$0.12
2022Detailed filing. Detailed filing data is available for this year.$5.68$0.55$5.13$8.45$5.84$2.61
2021Detailed filing. Detailed filing data is available for this year.$3.08$0.56$2.52$4.43$4.22$0.20
2020Detailed filing. Detailed filing data is available for this year.$2.63$0.32$2.31$4.03$3.69$0.34
2019Detailed filing. Detailed filing data is available for this year.$2.36$0.38$1.97$5.66$5.43$0.23
2018Detailed filing. Detailed filing data is available for this year.$2.03$0.28$1.74$5.03$5.23$0.20
2017Detailed filing. Detailed filing data is available for this year.$2.36$0.41$1.95$4.68$4.54$0.14
2016Detailed filing. Detailed filing data is available for this year.$2.08$0.28$1.81$3.83$3.50$0.33
2015Detailed filing. Detailed filing data is available for this year.$1.67$0.20$1.47$3.64$3.41$0.24
2014Detailed filing. Detailed filing data is available for this year.$1.52$0.29$1.23$3.22$3.28$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.13$1.30$4.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.18$0.89$2.51
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.11$0.34$2.36