Civic Intelligence

Ames Convention & Visitors Bureau

990 • Fiscal year 2013 • EIN 42-1257573

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 11, 2014

1601 Golden Aspen Dr Suite 11050010-8023

(515) 232-2310

Siviq Scores

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

Liabilities / Assets

39th percentile

0.12x

Higher debt load relative to assets than 39% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

38th percentile

0.11x

Higher debt load relative to revenue than 38% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Net Margin

79th percentile

12%

Higher net margin than 79% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

32nd percentile

$90,348

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Asset Growth

79th percentile

17%

Faster asset growth than 79% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$1,231,394

Up $177,644 (+17%) from 2012

Net Assets

Up

$1,082,216

Up $167,600 (+18%) from 2012

Liabilities

Up

$149,178

Up $10,044 (+7.2%) from 2012

Revenue

$1,375,153

No earlier filing loaded for comparison.

Expenses

Down

$1,207,553

Down $51,815 (-4.1%) from 2012

Net Income

$167,600

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $913,040Liabilities 2010: $100,829Net Assets 2010: $812,2112010Assets 2011: $927,398Liabilities 2011: $87,064Net Assets 2011: $840,3342011Assets 2012: $1,053,750Liabilities 2012: $139,134Net Assets 2012: $914,6162012Assets 2013: $1,231,394Liabilities 2013: $149,178Net Assets 2013: $1,082,2162013Assets 2014: $1,334,311Liabilities 2014: $236,937Net Assets 2014: $1,097,3742014Assets 2015: $1,505,156Liabilities 2015: $210,746Net Assets 2015: $1,294,4102015Assets 2016: $1,605,930Liabilities 2016: $201,323Net Assets 2016: $1,404,6072016Assets 2017: $1,720,134Liabilities 2017: $210,177Net Assets 2017: $1,509,9572017Assets 2018: $1,752,061Liabilities 2018: $221,327Net Assets 2018: $1,530,7342018Assets 2019: $1,728,650Liabilities 2019: $218,919Net Assets 2019: $1,509,7312019Assets 2020: $1,369,938Liabilities 2020: $222,200Net Assets 2020: $1,147,7382020Assets 2021: $1,954,157Liabilities 2021: $256,632Net Assets 2021: $1,697,5252021Assets 2022: $2,441,291Liabilities 2022: $302,655Net Assets 2022: $2,138,6362022Assets 2023: $3,137,654Liabilities 2023: $441,615Net Assets 2023: $2,696,0392023Assets 2024: $3,271,526Liabilities 2024: $370,487Net Assets 2024: $2,901,0392024

Highlighted filing

2013

Assets$1,231,394
Liabilities$149,178
Net Assets$1,082,216

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $993,5362010Expenses 2011: $1,091,4902011Expenses 2012: $1,259,3682012Revenue 2013: $1,375,153Expenses 2013: $1,207,553Net Income 2013: $167,6002013Revenue 2014: $1,811,129Expenses 2014: $1,795,971Net Income 2014: $15,1582014Revenue 2015: $1,770,365Expenses 2015: $1,573,329Net Income 2015: $197,0362015Revenue 2016: $2,062,100Expenses 2016: $1,951,903Net Income 2016: $110,1972016Revenue 2017: $1,880,064Expenses 2017: $1,774,714Net Income 2017: $105,3502017Revenue 2018: $2,113,989Expenses 2018: $2,093,212Net Income 2018: $20,7772018Revenue 2019: $2,017,971Expenses 2019: $2,038,974Net Income 2019: -$21,0032019Revenue 2020: $898,094Expenses 2020: $1,260,087Net Income 2020: -$361,9932020Revenue 2021: $1,712,079Expenses 2021: $1,162,292Net Income 2021: $549,7872021Revenue 2022: $2,138,419Expenses 2022: $1,697,308Net Income 2022: $441,1112022Revenue 2023: $2,246,760Expenses 2023: $1,689,357Net Income 2023: $557,4032023Revenue 2024: $2,385,920Expenses 2024: $2,180,920Net Income 2024: $205,0002024

Highlighted filing

2013

Revenue$1,375,153
Expenses$1,207,553
Net Income$167,600
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 11, 2014
Return Version
2013v3.0
Gross Receipts
$1,375,153
Mission and Program Overview

Mission

The mission of the ames convention and visitors bureau is to acquire meeting, convention and event business. The acvb will seek to acquire groups that will have city wide impact and the potential to return to ames on a regualr basis and that will strengthen occupancy in historically soft business periods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$523,900$614,757▲ $90,857
Accounts Receivable$264,306$313,090▲ $48,784
Pledges and Grants Receivable$98,099$107,381▲ $9,282
Savings and Temporary Cash Investments$91,757$91,826▲ $69
Land, Buildings, and Equipment, Net$56,103$77,507▲ $21,404
Prepaid Expenses and Deferred Charges$19,585$26,833▲ $7,248
Total Assets$1,053,750$1,231,394▲ $177,644
Liabilities
Deferred Revenue$117,989$131,286▲ $13,297
Accounts Payable and Accrued Expenses$21,145$17,892▼ $3,253
Total Liabilities$139,134$149,178▲ $10,044
Net Assets / Fund Balance
Unrestricted Net Assets$914,616$1,082,216▲ $167,600
Total Net Assets Fund Balance$914,616$1,082,216▲ $167,600
Total Liabilities and Net Assets / Fund Balance$1,053,750$1,231,394▲ $177,644

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$77,507$168,055$245,562
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Julie WeeksExecutive DirectorFT$90,348$90,348

Board Members and Trustees

NameTitle
Richard ReynoldsPast President
Kevin CookPresident
Amit ShahDirector
Bob BosselmanDirector
Bronwyn Beatty HansenDirector
Greg PetersonDirector
Heather CourtneyDirector
Jeremy DavisDirector
John GrzywaczDirector
John RussellDirector
Tina ColburnDirector
Victoria SzopinskiDirector
Mark NorthSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,244,813
Program Service Revenue
$0
Investment Income
$1,004
Other Revenue
$129,336
Change in Net Assets
$167,600

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,375,153
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,375,153
Total Revenue per Form 990
$1,375,153
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$536,559
Other Expenses$518,326
Grants and Similar Amounts Paid$152,668
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$363,709
Advertising---$182,804
Grants to Domestic Orgs---$152,668
Occupancy---$99,329
Current Officers, Directors, Trustees, and Key Employees---$90,348
Conferences and Meetings---$72,648
Office Expenses---$47,763
Other Employee Benefits---$41,934
Payroll Taxes---$31,768
Depreciation Depletion---$22,441
Other Expenses---$22,000
Fees for Services Accounting---$9,250
Pension Plan Contributions---$8,800
Insurance---$8,335
Information Technology---$6,793
Travel---$2,642
Total Functional Expenses$0$0$0$1,207,553

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,207,553
Total Expenses per Audited Statements$1,207,553
Total Expenses per Form 990$1,207,553
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
42-1278326-501(c)3Iowa Games$33,000
51-0176029-501(c)3Opening Ceremonies$5,000
45-4007375-501(c)4Music Festival$5,000
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
No
Audit committee
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
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, Part VI, Section B, Line 11

The board reviews prior to issuance.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

EIN
42-1257573
Phone
5152322310

Signing Officer

Name
Julie Weeks
Title
Executive Director
Phone
5152322310
Signed
2014-07-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Weeks
Formed
1985
Legal Domicile
Ia
Voting Board Members
13
Independent Board Members
13
Employees
46
Volunteers
25

Preparer

Preparer
Murray a Stanley CPA
Phone
5152336300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No change in the way the audit is overseen by the board of directors.

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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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IRS990/PYInvestmentIncomeAmt0734
IRS990/PYOtherExpensesAmt0539503
IRS990/PYOtherRevenueAmt0110152
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt074282
IRS990/PYSalariesCompEmpBnftPaidAmt0553914
IRS990/PYTotalExpensesAmt01259368
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01333650
IRS990/ReconcilationRevenueExpnssAmt0167600
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt091757
IRS990/SavingsAndTempCashInvstGrp/EOYAmt091826
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/EquipmentGrp/BookValueAmt077507
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0168055
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0245562
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01207553
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01375153
IRS990ScheduleD/TotalBookValueLandBuildingsAmt077507
IRS990ScheduleD/TotalExpensesPerForm990Amt01207553
IRS990ScheduleD/TotalRevenuePerForm990Amt01375153
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01375153
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01207553
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt05000
IRS990ScheduleI/RecipientTable/CashGrantAmt15000
IRS990ScheduleI/RecipientTable/CashGrantAmt233000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)4
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPENING CEREMONIES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1MUSIC FESTIVAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2IOWA GAMES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10SPECIAL OLYMPICS IOWA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine11MAXIMUM AMES MUSIC FESTIVAL LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine12IOWA SPORTS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0510176029
IRS990ScheduleI/RecipientTable/RecipientEIN1454007375
IRS990ScheduleI/RecipientTable/RecipientEIN2421278326
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10551 SE DOVETAIL RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine11857 17TH ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine121421 S BELL AVE 104
IRS990ScheduleI/RecipientTable/USAddress/City0GRIMES
IRS990ScheduleI/RecipientTable/USAddress/City1DES MOINES
IRS990ScheduleI/RecipientTable/USAddress/City2AMES
IRS990ScheduleI/RecipientTable/USAddress/State0IA
IRS990ScheduleI/RecipientTable/USAddress/State1IA
IRS990ScheduleI/RecipientTable/USAddress/State2IA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode050111
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode150314
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode250010
IRS990ScheduleI/Total501c3OrgCnt02
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS PRIOR TO ISSUANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO CHANGE IN THE WAY THE AUDIT IS OVERSEEN BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01053750
IRS990/TotalAssetsEOYAmt01231394
IRS990/TotalAssetsGrp/BOYAmt01053750
IRS990/TotalAssetsGrp/EOYAmt01231394
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01244813
IRS990/TotalEmployeeCnt046
IRS990/TotalFunctionalExpensesGrp/TotalAmt01207553
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0139134
IRS990/TotalLiabilitiesEOYAmt0149178
IRS990/TotalLiabilitiesGrp/BOYAmt0139134
IRS990/TotalLiabilitiesGrp/EOYAmt0149178
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0914616
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01082216
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01111873
IRS990/TotalReportableCompFromOrgAmt090348
IRS990/TotalRevenueGrp/ExclusionAmt01004
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0129336
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01375153
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01053750
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01231394
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt02642
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0914616
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01082216
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101601 GOLDEN ASPEN DR SUITE 110
IRS990/USAddress/City0AMES
IRS990/USAddress/State0IA
IRS990/USAddress/ZIPCode0500108023
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.VISITAMES.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIE WEEKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05152322310
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-07-11
ReturnHeader/Filer/BusinessName/BusinessNameLine10AMES CONVENTION & VISITORS BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0AMES
ReturnHeader/Filer/EIN0421257573
ReturnHeader/Filer/PhoneNum05152322310
ReturnHeader/Filer/USAddress/AddressLine101601 GOLDEN ASPEN DR SUITE 110
ReturnHeader/Filer/USAddress/City0AMES
ReturnHeader/Filer/USAddress/State0IA
ReturnHeader/Filer/USAddress/ZIPCode0500108023
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205925131
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10SCHNURR&COMPANYCPAS PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10218 SE 16TH ST SUITE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0AMES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode050010
ReturnHeader/PreparerPersonGrp/PhoneNum05152336300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MURRAY A STANLEY CPA

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.27$0.37$2.90$2.39$2.18$0.21
2023Detailed filing. Detailed filing data is available for this year.$3.14$0.44$2.70$2.25$1.69$0.56
2022Detailed filing. Detailed filing data is available for this year.$2.44$0.30$2.14$2.14$1.70$0.44
2021Detailed filing. Detailed filing data is available for this year.$1.95$0.26$1.70$1.71$1.16$0.55
2020Detailed filing. Detailed filing data is available for this year.$1.37$0.22$1.15$0.90$1.26$0.36
2019Detailed filing. Detailed filing data is available for this year.$1.73$0.22$1.51$2.02$2.04$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.75$0.22$1.53$2.11$2.09$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.72$0.21$1.51$1.88$1.77$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.61$0.20$1.40$2.06$1.95$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.51$0.21$1.29$1.77$1.57$0.20
2014Detailed filing. Detailed filing data is available for this year.$1.33$0.24$1.10$1.81$1.80$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.23$0.15$1.08$1.38$1.21$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.14$0.91$1.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.09$0.84$1.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.10$0.81$0.99