Civic Intelligence

Conference & Visitors Bureau of Montgomery County Maryland Inc

990 • Fiscal year 2020 • EIN 52-1396987

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 12, 2020

1801 Rockville Pike No 320Rockville, MD 20852

(301) 428-9702

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.02x

Higher debt load relative to assets than 22% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

19th percentile

0.01x

Higher debt load relative to revenue than 19% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Net Margin

26th percentile

-2.5%

Higher net margin than 26% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

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.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Asset Growth

22nd percentile

-4.4%

Faster asset growth than 22% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

39th percentile

-13%

Faster revenue growth than 39% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,532,026

Down $70,313 (-4.4%) from 2019

Net Assets

Down

$1,507,831

Down $42,119 (-2.7%) from 2019

Liabilities

Down

$24,195

Down $28,194 (-54%) from 2019

Revenue

Down

$1,713,441

Down $265,590 (-13%) from 2019

Expenses

Down

$1,755,560

Down $164,548 (-8.6%) from 2019

Net Income

Down

-$42,119

Down $101,042 (-171%) from 2019

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 2011: $785,311Liabilities 2011: $39,783Net Assets 2011: $745,5282011Assets 2012: $790,510Liabilities 2012: $37,356Net Assets 2012: $753,1542012Assets 2013: $679,935Liabilities 2013: $9,936Net Assets 2013: $669,9992013Assets 2014: $776,758Liabilities 2014: $55,304Net Assets 2014: $721,4542014Assets 2015: $969,868Liabilities 2015: $108,990Net Assets 2015: $860,8782015Assets 2016: $1,038,192Liabilities 2016: $29,574Net Assets 2016: $1,008,6182016Assets 2017: $1,249,960Liabilities 2017: $27,837Net Assets 2017: $1,222,1232017Assets 2018: $1,517,085Liabilities 2018: $26,058Net Assets 2018: $1,491,0272018Assets 2019: $1,602,339Liabilities 2019: $52,389Net Assets 2019: $1,549,9502019Assets 2020: $1,532,026Liabilities 2020: $24,195Net Assets 2020: $1,507,8312020Assets 2021: $2,031,514Liabilities 2021: $321,106Net Assets 2021: $1,710,4082021Assets 2022: $2,243,604Liabilities 2022: $98,693Net Assets 2022: $2,144,9112022Assets 2023: $2,933,118Liabilities 2023: $299,150Net Assets 2023: $2,633,9682023Assets 2024: $3,351,443Liabilities 2024: $222,204Net Assets 2024: $3,129,2392024

Highlighted filing

2020

Assets$1,532,026
Liabilities$24,195
Net Assets$1,507,831

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,184,238Expenses 2011: $1,206,948Net Income 2011: -$22,7102011Expenses 2012: $1,222,1622012Revenue 2013: $1,128,637Expenses 2013: $1,211,792Net Income 2013: -$83,1552013Revenue 2014: $1,585,875Expenses 2014: $1,534,420Net Income 2014: $51,4552014Revenue 2015: $1,656,528Expenses 2015: $1,517,104Net Income 2015: $139,4242015Revenue 2016: $1,925,967Expenses 2016: $1,778,227Net Income 2016: $147,7402016Revenue 2017: $2,005,978Expenses 2017: $1,792,473Net Income 2017: $213,5052017Revenue 2018: $2,033,322Expenses 2018: $1,764,418Net Income 2018: $268,9042018Revenue 2019: $1,979,031Expenses 2019: $1,920,108Net Income 2019: $58,9232019Revenue 2020: $1,713,441Expenses 2020: $1,755,560Net Income 2020: -$42,1192020Revenue 2021: $1,447,994Expenses 2021: $1,245,417Net Income 2021: $202,5772021Revenue 2022: $2,239,001Expenses 2022: $1,804,498Net Income 2022: $434,5032022Revenue 2023: $2,394,052Expenses 2023: $1,904,995Net Income 2023: $489,0572023Revenue 2024: $2,814,375Expenses 2024: $2,319,104Net Income 2024: $495,2712024

Highlighted filing

2020

Revenue$1,713,441
Expenses$1,755,560
Net Income-$42,119
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 12, 2020
Return Version
2019v5.1
Gross Receipts
$1,713,441
Mission and Program Overview

Mission

NONE

To promote tourism to and within montgomery county, md.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,208,477$1,469,655▲ $261,178
Accounts Receivable$357,328$56,858▼ $300,470
Prepaid Expenses and Deferred Charges$31,157$0▼ $31,157
Land, Buildings, and Equipment, Net$5,373$5,513▲ $140
Savings and Temporary Cash Investments$4$0▼ $4
Total Assets$1,602,339$1,532,026▼ $70,313
Liabilities
Accounts Payable and Accrued Expenses$52,389$24,195▼ $28,194
Total Liabilities$52,389$24,195▼ $28,194
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,549,950$1,507,831▼ $42,119
Total Net Assets Fund Balance$1,549,950$1,507,831▼ $42,119
Total Liabilities and Net Assets / Fund Balance$1,602,339$1,532,026▼ $70,313

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,513$17,160$22,673
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carol CollinsChair
Eric RashChair Elect
Katie DohertyImmediate Past-chair
Bonnie CaravagliaDirector
Charles KauffmanDirector
David ChildDirector
Joe FrandoniDirector
John HinesDirector
Lynn BowersoxDirector
Matt LibberDirector
Ray BarryDirector
Sarah RogersDirector
Xitlaly Castillo-dietzDirector
Leon SciosciaSecretary
Jill MccarthyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$305,259
Program Service Revenue
$1,157,384
Investment Income
$8,792
Other Revenue
$242,006
Change in Net Assets
$-42,119
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,071,464
Salaries, Compensation, and Employee Benefits$678,096
Grants and Similar Amounts Paid$6,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$508,396$56,489-$564,885
Advertising$383,854--$383,854
All Other Expenses$72,540$358-$72,898
Other Employee Benefits$29,507$41,687-$71,194
Occupancy$66,104--$66,104
Information Technology$47,411--$47,411
Payroll Taxes$37,815$4,202-$42,017
Conferences and Meetings$37,152--$37,152
Fees for Services Accounting-$34,775-$34,775
Other Expenses$25,621$20,930-$20,930
Insurance-$6,244-$6,244
Grants to Domestic Orgs$6,000--$6,000
Office Expenses-$4,744-$4,744
Depreciation Depletion-$2,448-$2,448
Total Functional Expenses$1,583,683$171,877$0$1,755,560
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Montgomery College Foundation IncRockville, MDSec. 501(c)(3)To Assist With Tuition for Hospitality Management Program Students at Montgomery College.$6,000
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
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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, Part VI, Section B, Line 11B

The return preparer sends a copy of the final version of form 990 before it is filed. However, no review of the form 990 is performed either before or after filing.

Form 990, Part VI, Section C, Line 18

The organization makes the form 990 available for public inspection upon request.

Form 990, Part VI, Section C, Line 19

Copies provided upon request.

Filing and Contact Details

Filer

Filer Name
Conference & Visitors Bureau of
EIN
52-1396987
Phone
3014289702
Address
1801 ROCKVILLE PIKE NO 320, ROCKVILLE, MD 20852

Signing Officer

Name
Kelly Groff
Title
President
Phone
3014289702
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Groff
Formed
1983
Legal Domicile
Md
Voting Board Members
15
Independent Board Members
15
Employees
7
Volunteers
0

Preparer

Firm
Grossberg Company Llp
Address
6500 ROCK SPRING DRIVE SUITE 200, BETHESDA, MD 20817
Preparer
Lawrence N Rosenblum
Phone
3015711900
Supplemental Narrative

Additional Explanations

SCHEDULE B, PART 1 COLUMN B:

Contributor #1 md tourism development board - office of tourism development 401 east pratt st - 14th floor baltimore, md 21202

Raw XML AppendixShowing 400 of 439 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/OtherExpensesGrp/TotalAmt320930
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0ON-LINE RESERVATION SE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0242006
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0242006
IRS990/OtherRevenueTotalAmt0242006
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt056489
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0508396
IRS990/OtherSalariesAndWagesGrp/TotalAmt0564885
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04202
IRS990/PayrollTaxesGrp/ProgramServicesAmt037815
IRS990/PayrollTaxesGrp/TotalAmt042017
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031157
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0KELLY GROFF
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0OCCUPANCY TAX COLLECTI
IRS990/ProgramServiceRevenueGrp/Desc1VISITOR GUIDE ADVERTIS
IRS990/ProgramServiceRevenueGrp/Desc2MISC INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01104644
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt130141
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt222599
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01104644
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt130141
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt222599
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0167181
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt011354
IRS990/PYOtherExpensesAmt01241542
IRS990/PYOtherRevenueAmt0224713
IRS990/PYProgramServiceRevenueAmt01575783
IRS990/PYRevenuesLessExpensesAmt058923
IRS990/PYSalariesCompEmpBnftPaidAmt0678566
IRS990/PYTotalExpensesAmt01920108
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01979031
IRS990/ReconcilationRevenueExpnssAmt0-42119
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01399390
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt082479
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt05513
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017160
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt022673
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05513
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt06000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0SEC. 501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO ASSIST WITH TUITION FOR HOSPITALITY MANAGEMENT PROGRAM STUDENTS AT MONTGOMERY COLLEGE.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MONTGOMERY COLLEGE FOUNDATION INC
IRS990ScheduleI/RecipientTable/RecipientEIN0521267008
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt09221 CORPORATE BLVE 3RD FLOOR
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ROCKVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020850
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0DONATIONS ARE MADE TO A FOUNDATION FOR A COLLEGE LOCATED IN MONTGOMERY COUNTY, WHICH HAS A HOSPITALITY MANAGEMENT PROGRAM. WE HAVE ESTABLISHED THE VISIT MONTGOMERY HOSPITALITY SCHOLARSHIP FUND WITH THE COLLEGE. THE FUND IS TO BE USED TO ASSIST STUDENTS, IN THE HOSPITALITY MANAGEMENT PROGRAM, THAT HAVE A FINANCIAL NEED. SCHOLARSHIPS ARE OFFERED TO GRANTEES THAT ARE ELIGIBLE FOR ASSISTANCE IN AMOUNTS OF BETWEEN $500 - $1,000.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN PREPARER SENDS A COPY OF THE FINAL VERSION OF FORM 990 BEFORE IT IS FILED. HOWEVER, NO REVIEW OF THE FORM 990 IS PERFORMED EITHER BEFORE OR AFTER FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES THE FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPIES PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRIBUTOR #1 MD TOURISM DEVELOPMENT BOARD - OFFICE OF TOURISM DEVELOPMENT 401 EAST PRATT ST - 14TH FLOOR BALTIMORE, MD 21202
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE B, PART 1 COLUMN B:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01602339
IRS990/TotalAssetsEOYAmt01532026
IRS990/TotalAssetsGrp/BOYAmt01602339
IRS990/TotalAssetsGrp/EOYAmt01532026
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0305259
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0171877
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01583683
IRS990/TotalFunctionalExpensesGrp/TotalAmt01755560
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt052389
IRS990/TotalLiabilitiesEOYAmt024195
IRS990/TotalLiabilitiesGrp/BOYAmt052389
IRS990/TotalLiabilitiesGrp/EOYAmt024195
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01549950
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01507831
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01583683
IRS990/TotalProgramServiceRevenueAmt01157384
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt08792
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01399390
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01713441
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01602339
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01532026
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01801 ROCKVILLE PIKE NO 320
IRS990/USAddress/CityNm0ROCKVILLE
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd020852

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.35$0.22$3.13$2.81$2.32$0.50
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.93$0.30$2.63$2.39$1.90$0.49
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.10$2.14$2.24$1.80$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.03$0.32$1.71$1.45$1.25$0.20
2020Detailed filing. Detailed filing data is available for this year.$1.53$0.02$1.51$1.71$1.76$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.60$0.05$1.55$1.98$1.92$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.03$1.49$2.03$1.76$0.27
2017Detailed filing. Detailed filing data is available for this year.$1.25$0.03$1.22$2.01$1.79$0.21
2016Detailed filing. Detailed filing data is available for this year.$1.04$0.03$1.01$1.93$1.78$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.97$0.11$0.86$1.66$1.52$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.78$0.06$0.72$1.59$1.53$0.05
2013Summary only. Only limited summary data is available for this year.$0.68$0.01$0.67$1.13$1.21$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.04$0.75$1.22
2011Summary only. Only limited summary data is available for this year.$0.79$0.04$0.75$1.18$1.21$0.02