Civic Intelligence

Lake Lanier Convention & Visitors

990 • Fiscal year 2019 • EIN 58-2007320

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 22, 2019

PO Box 2995Gainesville, GA 30503

(678) 696-2493

Siviq Scores

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

Liabilities / Assets

81st percentile

0.36x

Higher debt load relative to assets than 81% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

59th percentile

0.10x

Higher debt load relative to revenue than 59% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Net Margin

49th percentile

3.7%

Higher net margin than 49% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

43rd percentile

$0

Higher top officer pay than 43% of similar nonprofits.

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

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Asset Growth

61st percentile

9.5%

Faster asset growth than 61% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

81st percentile

18%

Faster revenue growth than 81% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$142,724

Up $12,384 (+9.5%) from 2018

Net Assets

Up

$91,157

Up $29,099 (+47%) from 2018

Liabilities

Down

$51,567

Down $16,715 (-24%) from 2018

Revenue

Up

$505,609

Up $77,898 (+18%) from 2018

Expenses

Up

$486,800

Up $76,274 (+19%) from 2018

Net Income

Up

$18,809

Up $1,624 (+9.5%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $67,445Liabilities 2011: $3,797Net Assets 2011: $63,6482011Assets 2012: $56,629Liabilities 2012: $5,468Net Assets 2012: $51,1612012Assets 2013: $69,189Liabilities 2013: $14,478Net Assets 2013: $54,7112013Assets 2014: $83,834Liabilities 2014: $20,605Net Assets 2014: $63,2292014Assets 2015: $123,881Liabilities 2015: $56,905Net Assets 2015: $66,9762015Assets 2016: $84,785Liabilities 2016: $54,577Net Assets 2016: $30,2082016Assets 2017: $90,436Liabilities 2017: $45,563Net Assets 2017: $44,8732017Assets 2018: $130,340Liabilities 2018: $68,282Net Assets 2018: $62,0582018Assets 2019: $142,724Liabilities 2019: $51,567Net Assets 2019: $91,1572019Assets 2020: $124,630Liabilities 2020: $39,036Net Assets 2020: $85,5942020Assets 2021: $177,196Liabilities 2021: $60,645Net Assets 2021: $116,5512021Assets 2022: $295,159Liabilities 2022: $76,054Net Assets 2022: $219,1052022Assets 2023: $430,468Liabilities 2023: $61,384Net Assets 2023: $369,0842023Assets 2024: $290,176Liabilities 2024: $65,096Net Assets 2024: $225,0802024Assets 2025: $312,135Liabilities 2025: $39,123Net Assets 2025: $273,0122025

Highlighted filing

2019

Assets$142,724
Liabilities$51,567
Net Assets$91,157

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $275,030Expenses 2011: $252,916Net Income 2011: $22,1142011Revenue 2012: $301,873Expenses 2012: $314,360Net Income 2012: -$12,4872012Expenses 2013: $353,6662013Revenue 2014: $341,889Expenses 2014: $333,371Net Income 2014: $8,5182014Revenue 2015: $399,893Expenses 2015: $396,147Net Income 2015: $3,7462015Revenue 2016: $507,597Expenses 2016: $548,483Net Income 2016: -$40,8862016Revenue 2017: $422,136Expenses 2017: $414,395Net Income 2017: $7,7412017Revenue 2018: $427,711Expenses 2018: $410,526Net Income 2018: $17,1852018Revenue 2019: $505,609Expenses 2019: $486,800Net Income 2019: $18,8092019Revenue 2020: $359,402Expenses 2020: $364,965Net Income 2020: -$5,5632020Revenue 2021: $449,851Expenses 2021: $393,056Net Income 2021: $56,7952021Revenue 2022: $606,087Expenses 2022: $501,840Net Income 2022: $104,2472022Revenue 2023: $794,134Expenses 2023: $665,821Net Income 2023: $128,3132023Revenue 2024: $717,250Expenses 2024: $849,214Net Income 2024: -$131,9642024Revenue 2025: $814,160Expenses 2025: $766,228Net Income 2025: $47,9322025

Highlighted filing

2019

Revenue$505,609
Expenses$486,800
Net Income$18,809
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 22, 2019
Return Version
2018v3.1
Gross Receipts
$544,603
Mission and Program Overview

Mission

To promote tourism, special events, sporting events, and conventions in the greater hall county area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$61,663$51,284▼ $10,379
Cash and Non-Interest-Bearing Accounts$41,168$33,836▼ $7,332
Accounts Receivable$13,708$23,159▲ $9,451
Prepaid Expenses and Deferred Charges$4,994$15,616▲ $10,622
Total Assets$130,340$142,724▲ $12,384
Other Assets Total$8,807$18,829▲ $10,022
Liabilities
Mortgage Notes Payable Secured by Investment Property$29,371$21,132▼ $8,239
Other Liabilities$21,932$15,627▼ $6,305
Deferred Revenue$15,000$12,500▼ $2,500
Accounts Payable and Accrued Expenses$1,979$2,308▲ $329
Total Liabilities$68,282$51,567▼ $16,715
Net Assets / Fund Balance
Unrestricted Net Assets$62,058$91,157▲ $29,099
Total Net Assets Fund Balance$62,058$91,157▲ $29,099
Total Liabilities and Net Assets / Fund Balance$130,340$142,724▲ $12,384

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$18,829--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Billy PowellChairman
Bill DonohueVice Chair
Becky RuffnerDirector
Caroline LewallenDirector
Geoff LeeDirector
Gladys WyattDirector
Husein KhimaniDirector
Jeff HyltonDirector
Jessica MillerDirector
John WalkerDirector
Kirk WatkinsDirector
Robyn LynchDirector
Sheri MillwoodDirector
Stan BrownTreasurer/se
Revenue and Support

Revenue Composition

Contributions and Grants
$531,009
Program Service Revenue
$0
Investment Income
$-333
Other Revenue
$-25,067
All Other Contributions
$112,765
Change in Net Assets
$18,809

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table2$102,765
Total Noncash Contributions2$102,765

Audited Revenue Reconciliation

Revenue per Audited Statements
$505,609
Total Revenue per Audited Statements
$505,609
Total Revenue per Form 990
$505,609
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$280,145
Other Expenses$206,655
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$185,734$52,386-$238,120
Advertising$50,418--$50,418
Travel$29,770--$29,770
All Other Expenses$19,336$3,049-$22,385
Payroll Taxes$15,177$4,280-$19,457
Occupancy-$18,466-$18,466
Office Expenses$13,914$3,284-$17,198
Depreciation Depletion-$15,564-$15,564
Other Employee Benefits$11,434$3,225-$14,659
Fees for Services Accounting-$9,891-$9,891
Other Expenses$8,103--$8,103
Pension Plan Contributions-$7,909-$7,909
Insurance-$2,549-$2,549
Total Functional Expenses$366,197$120,603$0$486,800

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$486,800
Total Expenses per Audited Statements$486,800
Total Expenses per Form 990$486,800
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$37,731
Fundraising Gross Income$8,791
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Personal Leave$7,191
Accrued Salaries$6,769
Credit Card Payable$1,314
Retirement Plan Payable$279
Payroll Taxes Payable$37
Sales Tax Payable$37
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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

Before tax return is approved and released, it is reviewed by the board of directors.

Form 990, Page 6, Part VI, Line 19

The board of directors review all documents and approve before issuance.

Filing and Contact Details

Filer

Filer Name
Lake Lanier Convention & Visitors
EIN
58-2007320
Phone
6786962493
Address
PO BOX 2995, GAINESVILLE, GA 30503

Signing Officer

Name
Stan Brown
Title
Treasurer/secretary
Phone
6786962493
Signed
2019-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stan Brown
Formed
1992
Legal Domicile
Ga
Voting Board Members
14
Independent Board Members
14
Employees
5

Preparer

Firm
Mundy & Company LLC
Address
PO BOX 2929, CLEVELAND, GA 30528-0052
Preparer
John R Mundy CPA
Phone
7068657796
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IRS990/OtherExpensesGrp/ProgramServicesAmt38103
IRS990/OtherExpensesGrp/TotalAmt012585
IRS990/OtherExpensesGrp/TotalAmt111194
IRS990/OtherExpensesGrp/TotalAmt28532
IRS990/OtherExpensesGrp/TotalAmt38103
IRS990/OtherLiabilitiesGrp/BOYAmt021932
IRS990/OtherLiabilitiesGrp/EOYAmt015627
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03249
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03249
IRS990/OtherRevenueTotalAmt03249
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt052386
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0185734
IRS990/OtherSalariesAndWagesGrp/TotalAmt0238120
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04280
IRS990/PayrollTaxesGrp/ProgramServicesAmt015177
IRS990/PayrollTaxesGrp/TotalAmt019457
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt07909
IRS990/PensionPlanContributionsGrp/TotalAmt07909
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04994
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015616
IRS990/PrincipalOfficerNm0STAN BROWN
IRS990/PriorPeriodAdjustmentsAmt010290
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0424317
IRS990/PYInvestmentIncomeAmt021
IRS990/PYOtherExpensesAmt0197373
IRS990/PYOtherRevenueAmt03373
IRS990/PYRevenuesLessExpensesAmt017185
IRS990/PYSalariesCompEmpBnftPaidAmt0213153
IRS990/PYTotalExpensesAmt0410526
IRS990/PYTotalRevenueAmt0427711
IRS990/ReconcilationRevenueExpnssAmt018809
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0486800
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt018829
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED CASH
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07191
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16769
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21314
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3279
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt437
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt537
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PERSONAL LEAVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED SALARIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3RETIREMENT PLAN PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5SALES TAX PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0505609
IRS990ScheduleD/TotalBookValueOtherAssetsAmt018829
IRS990ScheduleD/TotalExpensesPerForm990Amt0486800
IRS990ScheduleD/TotalLiabilityAmt015627
IRS990ScheduleD/TotalRevenuePerForm990Amt0505609
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0505609
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0486800
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt02
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0102765
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BEFORE TAX RETURN IS APPROVED AND RELEASED, IT IS REVIEWED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEW ALL DOCUMENTS AND APPROVE BEFORE ISSUANCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0130340
IRS990/TotalAssetsEOYAmt0142724
IRS990/TotalAssetsGrp/BOYAmt0130340
IRS990/TotalAssetsGrp/EOYAmt0142724
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0531009
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0120603
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0366197
IRS990/TotalFunctionalExpensesGrp/TotalAmt0486800
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt068282
IRS990/TotalLiabilitiesEOYAmt051567
IRS990/TotalLiabilitiesGrp/BOYAmt068282
IRS990/TotalLiabilitiesGrp/EOYAmt051567
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt062058
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt091157
IRS990/TotalProgramServiceExpensesAmt0366197
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03540
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0505609
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0130340
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0142724
IRS990/TravelGrp/ProgramServicesAmt029770
IRS990/TravelGrp/TotalAmt029770
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt062058
IRS990/UnrestrictedNetAssetsGrp/EOYAmt091157
IRS990/USAddress/AddressLine1Txt0PO BOX 2995
IRS990/USAddress/CityNm0GAINESVILLE
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030503
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0DISCOVERLAKELANIER.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STAN BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum06786962493
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE LANIER CONVENTION & VISITORS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0BUREAU INC
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0582007320
ReturnHeader/Filer/PhoneNum06786962493
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2995
ReturnHeader/Filer/USAddress/CityNm0GAINESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030503
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09954C644C6ABBAD4A0F7965D11F050AC36C618A5
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A802267385C86F37291A0828D26DB31CA11F9EAB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.37.240.203
ReturnHeader/FilingSecurityInformation/IPDt02019-11-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:00:13

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.$3.12$0.39$2.73$8.14$7.66$0.48
2024Detailed filing. Detailed filing data is available for this year.$2.90$0.65$2.25$7.17$8.49$1.32
2023Detailed filing. Detailed filing data is available for this year.$4.30$0.61$3.69$7.94$6.66$1.28
2022Detailed filing. Detailed filing data is available for this year.$2.95$0.76$2.19$6.06$5.02$1.04
2021Detailed filing. Detailed filing data is available for this year.$1.77$0.61$1.17$4.50$3.93$0.57
2020Detailed filing. Detailed filing data is available for this year.$1.25$0.39$0.86$3.59$3.65$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.43$0.52$0.91$5.06$4.87$0.19
2018Detailed filing. Detailed filing data is available for this year.$1.30$0.68$0.62$4.28$4.11$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.90$0.46$0.45$4.22$4.14$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.85$0.55$0.30$5.08$5.48$0.41
2015Detailed filing. Detailed filing data is available for this year.$1.24$0.57$0.67$4.00$3.96$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.84$0.21$0.63$3.42$3.33$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.14$0.55$3.54
2012Summary only. Only limited summary data is available for this year.$0.57$0.05$0.51$3.02$3.14$0.12
2011Summary only. Only limited summary data is available for this year.$0.67$0.04$0.64$2.75$2.53$0.22