Civic Intelligence

Cadillac Area Visitors Bureau Incorporated

990 • Fiscal year 2018 • EIN 38-2668031

May 01, 2017 to Apr 30, 2018 • Filed on Oct 01, 2018

201 N Mitchell St Ste 102Cadillac, MI 49601

(231) 775-0657

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.08x

Higher debt load relative to assets than 72% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

63rd percentile

0.02x

Higher debt load relative to revenue than 63% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

51st percentile

2.9%

Higher net margin than 51% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

64th percentile

9.4%

Faster asset growth than 64% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

62nd percentile

6.4%

Faster revenue growth than 62% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$110,731

Up $9,549 (+9.4%) from 2017

Net Assets

Up

$101,882

Up $13,406 (+15%) from 2017

Liabilities

Down

$8,849

Down $3,857 (-30%) from 2017

Revenue

Up

$459,450

Up $27,508 (+6.4%) from 2017

Expenses

Up

$446,044

Up $38,830 (+9.5%) from 2017

Net Income

Down

$13,406

Down $11,322 (-46%) from 2017

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $18,260Liabilities 2011: $7,265Net Assets 2011: $10,9952011Assets 2012: $37,265Liabilities 2012: $12,706Net Assets 2012: $24,5592012Assets 2013: $83,226Liabilities 2013: $11,835Net Assets 2013: $71,3912013Assets 2014: $135,395Liabilities 2014: $13,192Net Assets 2014: $122,2032014Assets 2015: $76,192Liabilities 2015: $13,093Net Assets 2015: $63,0992015Assets 2016: $59,786Liabilities 2016: $7,542Net Assets 2016: $52,2442016Assets 2017: $101,182Liabilities 2017: $12,706Net Assets 2017: $88,4762017Assets 2018: $110,731Liabilities 2018: $8,849Net Assets 2018: $101,8822018Assets 2019: $70,599Liabilities 2019: $14,184Net Assets 2019: $56,4152019Assets 2020: $46,775Liabilities 2020: $26,174Net Assets 2020: $20,6012020Assets 2021: $222,402Liabilities 2021: $31,761Net Assets 2021: $190,6412021Assets 2022: $407,869Liabilities 2022: $18,525Net Assets 2022: $389,3442022Assets 2023: $659,708Liabilities 2023: $180,186Net Assets 2023: $479,5222023Assets 2024: $688,460Liabilities 2024: $208,881Net Assets 2024: $479,5792024Assets 2025: $662,175Liabilities 2025: $214,779Net Assets 2025: $447,3962025

Highlighted filing

2018

Assets$110,731
Liabilities$8,849
Net Assets$101,882

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $125,572Expenses 2011: $125,205Net Income 2011: $3672011Revenue 2012: $164,732Expenses 2012: $151,168Net Income 2012: $13,5642012Revenue 2013: $265,233Expenses 2013: $218,401Net Income 2013: $46,8322013Revenue 2014: $371,467Expenses 2014: $320,655Net Income 2014: $50,8122014Revenue 2015: $379,593Expenses 2015: $438,697Net Income 2015: -$59,1042015Revenue 2016: $420,382Expenses 2016: $431,237Net Income 2016: -$10,8552016Revenue 2017: $431,942Expenses 2017: $407,214Net Income 2017: $24,7282017Revenue 2018: $459,450Expenses 2018: $446,044Net Income 2018: $13,4062018Revenue 2019: $489,852Expenses 2019: $535,319Net Income 2019: -$45,4672019Revenue 2020: $472,242Expenses 2020: $508,056Net Income 2020: -$35,8142020Revenue 2021: $425,269Expenses 2021: $255,229Net Income 2021: $170,0402021Revenue 2022: $585,252Expenses 2022: $386,549Net Income 2022: $198,7032022Revenue 2023: $625,002Expenses 2023: $534,824Net Income 2023: $90,1782023Revenue 2024: $584,600Expenses 2024: $584,543Net Income 2024: $572024Revenue 2025: $689,811Expenses 2025: $721,994Net Income 2025: -$32,1832025

Highlighted filing

2018

Revenue$459,450
Expenses$446,044
Net Income$13,406
Jump To
Filing Snapshot
Filing Period
May 1, 2017 to Apr 30, 2018
Signed
Oct 1, 2018
Return Version
2017v2.3
Gross Receipts
$459,450
Mission and Program Overview

Mission

The purpose of the bureau is to attract transient guests through the promotion of permanent attractions, events, and projects in the cadillac area related to the tourism industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$51,687$52,032▲ $345
Accounts Receivable$23,510$24,936▲ $1,426
Prepaid Expenses and Deferred Charges$21,555$24,472▲ $2,917
Inventories for Sale or Use$1,626$5,086▲ $3,460
Land, Buildings, and Equipment, Net$2,801$4,205▲ $1,404
Total Assets$101,179$110,731▲ $9,552
Liabilities
Accounts Payable and Accrued Expenses$12,703$8,849▼ $3,854
Total Liabilities$12,703$8,849▼ $3,854
Net Assets / Fund Balance
Unrestricted Net Assets$88,476$101,882▲ $13,406
Total Net Assets Fund Balance$88,476$101,882▲ $13,406
Total Liabilities and Net Assets / Fund Balance$101,179$110,731▲ $9,552

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,205$3,955$8,160
Compensation and Service Providers

Board Members and Trustees

NameTitle
Julie SniderPresident
Laura DunbarDirector
Lindsey WestdorpDirector
Pete FinchDirector
Pete MeyerDirector
Joni HollyTreasurer
Phil HimesVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$459,438
Investment Income
$12
Other Revenue
$0
Change in Net Assets
$13,406

Audited Revenue Reconciliation

Revenue per Audited Statements
$459,450
Total Revenue per Audited Statements
$459,450
Total Revenue per Form 990
$459,450
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$340,021
Salaries, Compensation, and Employee Benefits$106,023
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$278,927--$278,927
Other Salaries and Wages$70,063$23,354-$93,417
Office Expenses$11,497$9,062-$20,559
Occupancy-$13,385-$13,385
Payroll Taxes-$8,610-$8,610
Travel$7,199$800-$7,999
Fees for Services Accounting-$6,330-$6,330
Other Employee Benefits-$3,996-$3,996
Conferences and Meetings-$2,487-$2,487
Insurance-$2,252-$2,252
Depreciation Depletion$531$722-$1,253
Other Expenses-$196-$196
Fees for Services Legal-$40-$40
Total Functional Expenses$368,217$77,827$0$446,044

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$446,044
Total Expenses per Audited Statements$446,044
Total Expenses per Form 990$446,044
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
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, Page 6, Part VI, Line 11B

The executive director brings the annual 990 tax return to the board meeting for the members to review before filing.

Form 990, Page 6, Part VI, Line 19

Documents are made available to the public for inspection upon request.

Filing and Contact Details

Filer

Filer Name
Cadillac Area Visitors Bureau
EIN
38-2668031
Address
201 N MITCHELL ST STE 102, CADILLAC, MI 49601

Signing Officer

Name
Julie Snider
Title
President
Signed
2018-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Snider
Voting Board Members
7
Independent Board Members
7
Employees
4

Preparer

Firm
Vanderwal Spratto & Richards Pc
Address
475 WATER STREET, MANISTEE, MI 49660
Preparer
David L Richards CPA
Phone
2317236275
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BusinessOfficerGrp/PersonNm0JULIE SNIDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CADILLAC AREA VISITORS BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0CADI
ReturnHeader/Filer/EIN0382668031
ReturnHeader/Filer/USAddress/AddressLine1Txt0201 N MITCHELL ST STE 102
ReturnHeader/Filer/USAddress/CityNm0CADILLAC
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049601
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01EC10930F303C2BEB63A11ED067D8134D74FB72E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C6DDA67DA6047AC869430F5A66F1E60F8FAFEA58
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.231.231.162
ReturnHeader/FilingSecurityInformation/IPDt02018-11-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm007:57:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382095735
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VANDERWAL SPRATTO & RICHARDS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0475 WATER STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MANISTEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049660
ReturnHeader/PreparerPersonGrp/PhoneNum02317236275
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID L RICHARDS CPA
ReturnHeader/ReturnTs02018-11-05T08:57:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-05-01
ReturnHeader/TaxPeriodEndDt02018-04-30
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.62$2.15$4.47$6.90$7.22$0.32
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.88$2.09$4.80$5.85$5.85$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.60$1.80$4.80$6.25$5.35$0.90
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.08$0.19$3.89$5.85$3.87$1.99
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$0.32$1.91$4.25$2.55$1.70
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.26$0.21$4.72$5.08$0.36
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.14$0.56$4.90$5.35$0.45
2018Detailed filing. Detailed filing data is available for this year.$1.11$0.09$1.02$4.59$4.46$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.13$0.88$4.32$4.07$0.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.08$0.52$4.20$4.31$0.11
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.76$0.13$0.63$3.80$4.39$0.59
2014Summary only. Only limited summary data is available for this year.$1.35$0.13$1.22$3.71$3.21$0.51
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.83$0.12$0.71$2.65$2.18$0.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.13$0.25$1.65$1.51$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.07$0.11$1.26$1.25$0.00