Civic Intelligence

Bays De Noc Convention & Visitors Bureau

990 • Fiscal year 2016 • EIN 38-3401674

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 15, 2017

230 Ludington StreetEscanaba, MI 49829

(906) 789-7862

Siviq Scores

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

Liabilities / Assets

70th percentile

0.07x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.06x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

16th percentile

-16%

Higher net margin than 16% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

24th percentile

-12%

Faster asset growth than 24% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

44th percentile

-1.6%

Faster revenue growth than 44% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$327,949

Down $44,486 (-12%) from 2015

Net Assets

Down

$305,395

Down $55,209 (-15%) from 2015

Liabilities

Up

$22,554

Up $10,723 (+91%) from 2015

Revenue

Down

$354,844

Down $5,747 (-1.6%) from 2015

Expenses

Up

$410,053

Up $130,295 (+47%) from 2015

Net Income

Down

-$55,209

Down $136,042 (-168%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2010: $101,798Liabilities 2010: $996Net Assets 2010: $100,8022010Assets 2011: $107,654Liabilities 2011: $4,293Net Assets 2011: $103,3612011Assets 2012: $74,522Liabilities 2012: $4,860Net Assets 2012: $69,6622012Assets 2013: $221,852Liabilities 2013: $2,913Net Assets 2013: $218,9392013Assets 2014: $291,604Liabilities 2014: $11,833Net Assets 2014: $279,7712014Assets 2015: $372,435Liabilities 2015: $11,831Net Assets 2015: $360,6042015Assets 2016: $327,949Liabilities 2016: $22,554Net Assets 2016: $305,3952016Assets 2017: $495,195Liabilities 2017: $22,554Net Assets 2017: $472,6412017Assets 2018: $565,941Liabilities 2018: $0Net Assets 2018: $565,9412018Assets 2019: $601,960Liabilities 2019: $0Net Assets 2019: $601,9602019Assets 2020: $571,402Liabilities 2020: $0Net Assets 2020: $571,4022020Assets 2021: $676,972Liabilities 2021: $0Net Assets 2021: $676,9722021Assets 2022: $711,638Liabilities 2022: $0Net Assets 2022: $711,6382022Assets 2023: $219,837Liabilities 2023: $250,000Net Assets 2023: -$30,1632023Assets 2024: $508,898Liabilities 2024: $126,847Net Assets 2024: $382,0512024

Highlighted filing

2016

Assets$327,949
Liabilities$22,554
Net Assets$305,395

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $102,6492010Revenue 2011: $128,666Expenses 2011: $126,107Net Income 2011: $2,5592011Expenses 2012: $154,2782012Revenue 2013: $317,118Expenses 2013: $167,841Net Income 2013: $149,2772013Revenue 2014: $340,781Expenses 2014: $279,949Net Income 2014: $60,8322014Revenue 2015: $360,591Expenses 2015: $279,758Net Income 2015: $80,8332015Revenue 2016: $354,844Expenses 2016: $410,053Net Income 2016: -$55,2092016Revenue 2017: $428,561Expenses 2017: $261,315Net Income 2017: $167,2462017Revenue 2018: $450,143Expenses 2018: $327,655Net Income 2018: $122,4882018Revenue 2019: $446,674Expenses 2019: $410,655Net Income 2019: $36,0192019Revenue 2020: $327,690Expenses 2020: $358,248Net Income 2020: -$30,5582020Revenue 2021: $543,066Expenses 2021: $437,496Net Income 2021: $105,5702021Revenue 2022: $612,164Expenses 2022: $576,255Net Income 2022: $35,9092022Revenue 2023: $1,192,008Expenses 2023: $1,938,685Net Income 2023: -$746,6772023Revenue 2024: $699,853Expenses 2024: $287,639Net Income 2024: $412,2142024

Highlighted filing

2016

Revenue$354,844
Expenses$410,053
Net Income-$55,209
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 15, 2017
Return Version
2016v3.0
Gross Receipts
$354,844
Mission and Program Overview

Mission

PROMOTION OF TOURISM

Promotion of area tourism

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$299,042$286,702▼ $12,340
Accounts Receivable$73,393$41,247▼ $32,146
Total Assets$372,435$327,949▼ $44,486
Liabilities
Accounts Payable and Accrued Expenses$11,831$22,554▲ $10,723
Total Liabilities$11,831$22,554▲ $10,723
Net Assets / Fund Balance
Unrestricted Net Assets$360,604$305,395▼ $55,209
Total Net Assets Fund Balance$360,604$305,395▼ $55,209
Total Liabilities and Net Assets / Fund Balance$372,435$327,949▼ $44,486
Compensation and Service Providers

Board Members and Trustees

NameTitle
JaredPresident
AndrewDirector
KevinDirector
RichardDirector
JoyceSecretary/tr
TerryVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$354,228
Investment Income
$616
Other Revenue
$0
Change in Net Assets
$-55,209

Audited Revenue Reconciliation

Revenue per Audited Statements
$354,844
Total Revenue per Audited Statements
$354,844
Total Revenue per Form 990
$354,844
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$410,053
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$318,163$70,748-$388,911
Fees for Services Accounting-$10,061-$10,061
Occupancy$2,632$2,633-$5,265
Office Expenses-$3,546-$3,546
Insurance-$1,790-$1,790
Travel$240$240-$480
Total Functional Expenses$321,035$89,018$0$410,053

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$410,053
Total Expenses per Audited Statements$410,053
Total Expenses per Form 990$410,053
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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 is reviewed by the board of directors after the return has been filed

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

The policy is signed annually at the orginizated meeting of the board of directors

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon wirtten request, after approval by the board of directors

Filing and Contact Details

Filer

Filer Name
Bays De Noc Convention & Visitors
EIN
38-3401674
Phone
9067897862
Address
230 LUDINGTON STREET, ESCANABA, MI 49829

Signing Officer

Name
Jared
Title
President
Phone
9067897862
Signed
2017-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jared
Formed
1991
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Randy Malueg CPA Pllc
Address
1501 N 26TH ST, ESCANABA, MI 49829
Preparer
Randy Malueg CPA
Phone
9062171040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Sponsor support 179,306 0 0 advertising 131,007 0 0 contract services 0 62,891 0 website 0 2,015 0 dues & subscription 0 2,315 0 license & permits 0 20 0 postage 0 786 0 telephone 0 2,619 0 meals 175 73 0 sponsorship 175 0 0 engineer - disc golf design 7,500 0 0 bank charges 0 29 0 total 318,163 70,748 0

Raw XML Appendix273 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE BOARD OF DIRECTORS AFTER THE RETURN HAS BEEN FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE POLICY IS SIGNED ANNUALLY AT THE ORGINIZATED MEETING OF THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WIRTTEN REQUEST, AFTER APPROVAL BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SPONSOR SUPPORT 179,306 0 0 ADVERTISING 131,007 0 0 CONTRACT SERVICES 0 62,891 0 WEBSITE 0 2,015 0 DUES & SUBSCRIPTION 0 2,315 0 LICENSE & PERMITS 0 20 0 POSTAGE 0 786 0 TELEPHONE 0 2,619 0 MEALS 175 73 0 SPONSORSHIP 175 0 0 ENGINEER - DISC GOLF DESIGN 7,500 0 0 BANK CHARGES 0 29 0 TOTAL 318,163 70,748 0
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ReturnHeader/PreparerPersonGrp/PhoneNum09062171040
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-10-16T16:47:33-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.13$0.38$0.70$0.29$0.41
2023Detailed filing. Detailed filing data is available for this year.$0.22$0.25$0.03$1.19$1.94$0.75
2022Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.61$0.58$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.54$0.44$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.33$0.36$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.45$0.41$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.45$0.33$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.50$0.02$0.47$0.43$0.26$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.02$0.31$0.35$0.41$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.37$0.01$0.36$0.36$0.28$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.29$0.01$0.28$0.34$0.28$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.32$0.17$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.15
2011Summary only. Only limited summary data is available for this year.$0.11$0.00$0.10$0.13$0.13$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.00$0.10$0.10