Civic Intelligence

Visit Granbury Inc

990 • Fiscal year 2019 • EIN 47-5119615

Oct 01, 2018 to Sep 30, 2019 • Filed on Dec 15, 2020

Organization ProfileWWW.VISITGRANBURY.COM
116 W Bridge StGranbury, TX 76048

(817) 573-1114

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $327,472 (-100%) from 2018

Net Assets

Down

$0

Down $242,877 (-100%) from 2018

Liabilities

Down

$0

Down $84,595 (-100%) from 2018

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $598,659 (-100%) from 2018

Expenses

Down

$12,466

Down $720,914 (-98%) from 2018

Net Income

Up

-$12,466

Up $122,255 (+91%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$600K$400K$200K$0Assets 2016: $276,181Liabilities 2016: $6,225Net Assets 2016: $269,9562016Assets 2017: $415,894Liabilities 2017: $38,296Net Assets 2017: $377,5982017Assets 2018: $327,472Liabilities 2018: $84,595Net Assets 2018: $242,8772018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2019

Assets$0
Liabilities$0
Net Assets$0
Open 2019 Filing

Operations Trend

Revenue Growth1st percentile

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

$1.0M$500K$0-$500KRevenue 2016: $706,111Expenses 2016: $436,155Net Income 2016: $269,9562016Revenue 2017: $714,138Expenses 2017: $606,496Net Income 2017: $107,6422017Revenue 2018: $598,659Expenses 2018: $733,380Net Income 2018: -$134,7212018Revenue 2019: $0Expenses 2019: $12,466Net Income 2019: -$12,4662019

Highlighted filing

2019

Revenue$0
Expenses$12,466
Net Income-$12,466
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Dec 15, 2020
Return Version
2018v3.2
Gross Receipts
$0
Mission and Program Overview

Mission

Visit granbury inc. Is the destination marketing organization that promotes and encourages the development of granbury and the surrounding area as a premier leisure and business travel, special events and conference destination, thereby positively impacting the overall community economy and improving the quality of life of its citizens.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$233,602--
Cash and Non-Interest-Bearing Accounts$87,292--
Prepaid Expenses and Deferred Charges$6,578--
Total Assets$327,472$0▼ $327,472
Liabilities
Accounts Payable and Accrued Expenses$83,982--
Other Liabilities$613--
Total Liabilities$84,595$0▼ $84,595
Net Assets / Fund Balance
Unrestricted Net Assets$240,070--
Temporarily Rstr Net Assets$2,807--
Total Net Assets Fund Balance$242,877$0▼ $242,877
Total Liabilities and Net Assets / Fund Balance$327,472$0▼ $327,472
Compensation and Service Providers
Top Officer Pay71st percentile

Board Members and Trustees

NameTitle
Hayes StriplingBoard Chair
Jim LeitchVice Chair
Brain GaffinBoard Member
Denise HuberBoard Member
Gary CouchBoard Member
Mickey ShearonBoard Member
Scott YoungBoard Member
Steve GarciaBoard Member
Trish ReinerBoard Member
Tracy CrowSecretary
Diane HedgesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-12,466
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,466
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
Depreciation Depletion-$12,466-$12,466
Total Functional Expenses$0$12,466$0$12,466
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
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

“No review was or will be conducted.”

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

“Whenever a director or officer or a family member of a director or officer has a personal interest in any matter coming before the board of directors, such director or officer shall (a) fully disclose the nature of the interest, and (b) withdraw from voting on the matter. Any matter before the board for which a director or officer has indicated a potential conflict of interest will be approved only when a majority of disinterested directors determine in good faith and with ordinary care that it is in the best interest of the corporation to do so.”

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

“Board of directors approved salary for the ceo.”

Form 990, Page 6, Part VI, Line 19

“Public may contact the city of granbury either in person or in writing to request to see governing documents.”

Filing and Contact Details

Filer

Filer Name
Visit Granbury Inc
EIN
47-5119615
Phone
8175731114
Address
116 W BRIDGE ST, GRANBURY, TX 76048

Signing Officer

Name
Eva Gregory
Title
City of Granbury
Phone
8175731114
Signed
2020-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hayes Stripling
Formed
2015
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
George Morgan & Sneed Pc
Address
1849 WALL STREET, WEATHERFORD, TX 76086-6298
Preparer
Daniel G Hungerford CPA
Phone
8175942704
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Visit granbury, inc. Is the destination marketing organization that promotes and encourages the development of granbury and the surrounding area as a premier leisure and business travel, special events and conference destination, thereby positively impacting the overall community economy and improving the quality of life of its citizens.”

Form 990, Part XI, Line 9

“TERMINATION -230,411”

Raw XML Appendix324 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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IRS990/MissionDesc0VISIT GRANBURY, INC. IS THE DESTINATION MARKETING ORGANIZATION THAT PROMOTES AND ENCOURAGES THE DEVELOPMENT OF GRANBURY AND THE SURROUNDING AREA AS A PREMIER LEISURE AND BUSINESS TRAVEL, SPECIAL EVENTS AND CONFERENCE DESTINATION, THEREBY POSITIVELY IMPACTING THE OVERALL COMMUNITY ECONOMY AND IMPROVING THE QUALITY OF LIFE OF ITS CITIZENS.
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1OFFICE SPACE BUILDOUT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2WEBSITE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3OFFICE FURNITURE & EQU
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02018-10-17
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12019-09-15
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22019-09-15
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt32019-09-15
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt2116 W BRIDGE ST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt3116 W BRIDGE ST
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VISIT GRANBURY, INC. IS THE DESTINATION MARKETING ORGANIZATION THAT PROMOTES AND ENCOURAGES THE DEVELOPMENT OF GRANBURY AND THE SURROUNDING AREA AS A PREMIER LEISURE AND BUSINESS TRAVEL, SPECIAL EVENTS AND CONFERENCE DESTINATION, THEREBY POSITIVELY IMPACTING THE OVERALL COMMUNITY ECONOMY AND IMPROVING THE QUALITY OF LIFE OF ITS CITIZENS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WHENEVER A DIRECTOR OR OFFICER OR A FAMILY MEMBER OF A DIRECTOR OR OFFICER HAS A PERSONAL INTEREST IN ANY MATTER COMING BEFORE THE BOARD OF DIRECTORS, SUCH DIRECTOR OR OFFICER SHALL (A) FULLY DISCLOSE THE NATURE OF THE INTEREST, AND (B) WITHDRAW FROM VOTING ON THE MATTER. ANY MATTER BEFORE THE BOARD FOR WHICH A DIRECTOR OR OFFICER HAS INDICATED A POTENTIAL CONFLICT OF INTEREST WILL BE APPROVED ONLY WHEN A MAJORITY OF DISINTERESTED DIRECTORS DETERMINE IN GOOD FAITH AND WITH ORDINARY CARE THAT IT IS IN THE BEST INTEREST OF THE CORPORATION TO DO SO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD OF DIRECTORS APPROVED SALARY FOR THE CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PUBLIC MAY CONTACT THE CITY OF GRANBURY EITHER IN PERSON OR IN WRITING TO REQUEST TO SEE GOVERNING DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TERMINATION -230,411
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02807
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt0327472
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0327472
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt012466
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt012466
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt084595
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt084595
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0242877
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0327472
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0240070
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.VISITGRANBURY.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EVA GREGORY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CITY OF GRANBURY
ReturnHeader/BusinessOfficerGrp/PhoneNum08175731114
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-12-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VISIT GRANBURY INC
ReturnHeader/Filer/BusinessNameControlTxt0VISI
ReturnHeader/Filer/EIN0475119615
ReturnHeader/Filer/PhoneNum08175731114
ReturnHeader/Filer/USAddress/AddressLine1Txt0116 W BRIDGE ST
ReturnHeader/Filer/USAddress/CityNm0GRANBURY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076048
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0751999675
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GEORGE MORGAN & SNEED PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01849 WALL STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEATHERFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0760866298
ReturnHeader/PreparerPersonGrp/PhoneNum08175942704
ReturnHeader/PreparerPersonGrp/PreparationDt02021-01-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL G HUNGERFORD CPA
ReturnHeader/ReturnTs02021-01-13T11:19:16-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-10-01
ReturnHeader/TaxPeriodEndDt02019-09-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$0
Expenses
$12,466
Net income
-$12,466
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.12$0.12
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.27$0.85$2.43$5.99$7.33$1.35
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.16$0.38$3.78$7.14$6.06$1.08
2016Detailed filing. Detailed filing data is available for this year.$2.76$0.06$2.70$7.06$4.36$2.70
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)6 • <$500k nonprofits