Civic Intelligence

Bend Visitor & Convention Bureau DBA Visit Bend

990 • Fiscal year 2016 • EIN 71-0874661

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 14, 2016

750 NW Lava Rd No 160Bend, OR 97701

(541) 382-8048

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.52x

Higher debt load relative to assets than 83% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

39th percentile

0.11x

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

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Net Margin

50th percentile

3.0%

Higher net margin than 50% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

64th percentile

$178,847

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Asset Growth

94th percentile

47%

Faster asset growth than 94% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

90th percentile

28%

Faster revenue growth than 90% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$670,727

Up $215,801 (+47%) from 2015

Net Assets

Up

$322,496

Up $93,734 (+41%) from 2015

Liabilities

Up

$348,231

Up $122,067 (+54%) from 2015

Revenue

Up

$3,109,313

Up $679,719 (+28%) from 2015

Expenses

Up

$3,015,579

Up $695,243 (+30%) from 2015

Net Income

Down

$93,734

Down $15,524 (-14%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $213,559Liabilities 2011: $74,907Net Assets 2011: $138,6522011Assets 2012: $242,381Liabilities 2012: $87,102Net Assets 2012: $155,2792012Assets 2013: $243,919Liabilities 2013: $92,400Net Assets 2013: $151,5192013Assets 2014: $340,498Liabilities 2014: $220,994Net Assets 2014: $119,5042014Assets 2015: $454,926Liabilities 2015: $226,164Net Assets 2015: $228,7622015Assets 2016: $670,727Liabilities 2016: $348,231Net Assets 2016: $322,4962016Assets 2017: $774,038Liabilities 2017: $437,072Net Assets 2017: $336,9662017Assets 2018: $668,990Liabilities 2018: $373,406Net Assets 2018: $295,5842018Assets 2019: $959,868Liabilities 2019: $388,461Net Assets 2019: $571,4072019Assets 2020: $1,014,794Liabilities 2020: $413,841Net Assets 2020: $600,9532020Assets 2021: $2,620,763Liabilities 2021: $291,220Net Assets 2021: $2,329,5432021Assets 2022: $2,809,916Liabilities 2022: $408,975Net Assets 2022: $2,400,9412022Assets 2023: $2,764,474Liabilities 2023: $681,355Net Assets 2023: $2,083,1192023Assets 2024: $2,646,034Liabilities 2024: $595,549Net Assets 2024: $2,050,4852024

Highlighted filing

2016

Assets$670,727
Liabilities$348,231
Net Assets$322,496

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,207,054Expenses 2011: $1,184,658Net Income 2011: $22,3962011Expenses 2012: $1,256,1912012Revenue 2013: $1,344,295Expenses 2013: $1,348,055Net Income 2013: -$3,7602013Revenue 2014: $1,707,910Expenses 2014: $1,739,925Net Income 2014: -$32,0152014Revenue 2015: $2,429,594Expenses 2015: $2,320,336Net Income 2015: $109,2582015Revenue 2016: $3,109,313Expenses 2016: $3,015,579Net Income 2016: $93,7342016Revenue 2017: $3,512,884Expenses 2017: $3,498,414Net Income 2017: $14,4702017Revenue 2018: $3,230,009Expenses 2018: $3,271,391Net Income 2018: -$41,3822018Revenue 2019: $3,315,270Expenses 2019: $3,039,447Net Income 2019: $275,8232019Revenue 2020: $2,977,259Expenses 2020: $2,947,713Net Income 2020: $29,5462020Revenue 2021: $3,248,294Expenses 2021: $1,682,748Net Income 2021: $1,565,5462021Revenue 2022: $4,392,853Expenses 2022: $4,321,453Net Income 2022: $71,4002022Revenue 2023: $5,163,292Expenses 2023: $5,721,836Net Income 2023: -$558,5442023Revenue 2024: $5,263,003Expenses 2024: $5,295,637Net Income 2024: -$32,6342024

Highlighted filing

2016

Revenue$3,109,313
Expenses$3,015,579
Net Income$93,734
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$3,109,313
Mission and Program Overview

Mission

Develop tourism industry in bend,oregon

Develop tourism industry in bend, oregon

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$125,489$286,466▲ $160,977
Cash and Non-Interest-Bearing Accounts$179,304$258,569▲ $79,265
Savings and Temporary Cash Investments$65,663$65,729▲ $66
Land, Buildings, and Equipment, Net$52,581$47,494▼ $5,087
Prepaid Expenses and Deferred Charges$31,889$12,469▼ $19,420
Total Assets$454,926$670,727▲ $215,801
Liabilities
Accounts Payable and Accrued Expenses$193,914$315,831▲ $121,917
Other Liabilities$32,250$32,400▲ $150
Total Liabilities$226,164$348,231▲ $122,067
Net Assets / Fund Balance
Unrestricted Net Assets$228,762$322,496▲ $93,734
Total Net Assets Fund Balance$228,762$322,496▲ $93,734
Total Liabilities and Net Assets / Fund Balance$454,926$670,727▲ $215,801

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$47,494$68,294$115,788
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Doug LaplacaPresident/CEOFT$135,627$43,220$178,847

Board Members and Trustees

NameTitle
Dave NissenChairman
Alan DietrichDirector
Ben PerleDirector
Brent McleanDirector
Erick TrachselDirector
Jodie BarramDirector
Matt WilliamsDirector
Michelle MercerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$2,723,254
Program Service Revenue
$386,059
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$93,734
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,372,202
Salaries, Compensation, and Employee Benefits$643,377
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$2,008,777
Other Salaries and Wages---$367,784
Current Officers, Directors, Trustees, and Key Employees---$178,847
Occupancy---$63,596
Fees for Services Legal---$54,738
Payroll Taxes---$42,117
Other Employee Benefits---$30,015
Pension Plan Contributions---$24,614
Office Expenses---$17,175
Depreciation Depletion---$15,797
All Other Expenses---$10,984
Insurance---$7,183
Other Expenses---$6,475
Total Functional Expenses$0$0$0$3,015,579
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Lease Expense$32,400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
Other officer compensation reviewed
Yes
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 11

REVIEWED BY MANAGEMENT

Form 990, Part VI, Section B, Line 15

The board of directors conducts annual performance review of president and determines annual compensation.

Form 990, Part VI, Section C, Line 19

All governing documents, policies and financial statements are available at the office for public inspection

Filing and Contact Details

Filer

Filer Name
Bend Visitor & Convention Bureau
EIN
71-0874661
Phone
5413828048
Address
750 NW LAVA RD NO 160, BEND, OR 97701

Signing Officer

Name
Kevney Dugan
Title
President & CEO
Phone
5413828048
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevney Dugan
Formed
2001
Legal Domicile
Or
Voting Board Members
7
Independent Board Members
7
Employees
11
Volunteers
20

Preparer

Firm
Price Fronk & Co
Address
2796 NW CLEARWATER DR, BEND, OR 97703
Preparer
Wesley B Price Iii
Phone
5413824791
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No changes have been made to the process from the prior years

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal and state income taxes under internal revenue code section 501(c)(6). The organization will recognize in its financial statements the benefit of a tax position when it believes that tax position will more likely than not be sustained on audit based on the technical merits of the position. For an exempt organization, uncertain tax positions could result from unrelated business income activities or actions that jeopardize its status as tax-exempt, such as political activity, substantial lobbying expenditures or excessive unrelated business activities. The organization has concluded that it had no unrecognized income tax benefits at june 30, 2015, or june 30, 2016 and it has no tax positions for which it estimates a significant change over the next 12 months. The organization is subject to examination by state and federal tax authorities. With few exceptions, the organization is no longer subject to examination by major taxing authorities for years before 2012.

Raw XML Appendix353 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(6). THE ORGANIZATION WILL RECOGNIZE IN ITS FINANCIAL STATEMENTS THE BENEFIT OF A TAX POSITION WHEN IT BELIEVES THAT TAX POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED ON AUDIT BASED ON THE TECHNICAL MERITS OF THE POSITION. FOR AN EXEMPT ORGANIZATION, UNCERTAIN TAX POSITIONS COULD RESULT FROM UNRELATED BUSINESS INCOME ACTIVITIES OR ACTIONS THAT JEOPARDIZE ITS STATUS AS TAX-EXEMPT, SUCH AS POLITICAL ACTIVITY, SUBSTANTIAL LOBBYING EXPENDITURES OR EXCESSIVE UNRELATED BUSINESS ACTIVITIES. THE ORGANIZATION HAS CONCLUDED THAT IT HAD NO UNRECOGNIZED INCOME TAX BENEFITS AT JUNE 30, 2015, OR JUNE 30, 2016 AND IT HAS NO TAX POSITIONS FOR WHICH IT ESTIMATES A SIGNIFICANT CHANGE OVER THE NEXT 12 MONTHS. THE ORGANIZATION IS SUBJECT TO EXAMINATION BY STATE AND FEDERAL TAX AUTHORITIES. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY MAJOR TAXING AUTHORITIES FOR YEARS BEFORE 2012.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt08020
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DOUG LAPLACA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0178847
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY MANAGEMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS CONDUCTS ANNUAL PERFORMANCE REVIEW OF PRESIDENT AND DETERMINES ANNUAL COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE OFFICE FOR PUBLIC INSPECTION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGES HAVE BEEN MADE TO THE PROCESS FROM THE PRIOR YEARS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0454926
IRS990/TotalAssetsEOYAmt0670727
IRS990/TotalAssetsGrp/BOYAmt0454926
IRS990/TotalAssetsGrp/EOYAmt0670727
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt02723254
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/TotalAmt03015579
IRS990/TotalGrossUBIAmt0119278
IRS990/TotalLiabilitiesBOYAmt0226164
IRS990/TotalLiabilitiesEOYAmt0348231
IRS990/TotalLiabilitiesGrp/BOYAmt0226164
IRS990/TotalLiabilitiesGrp/EOYAmt0348231
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0228762
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0322496
IRS990/TotalOtherCompensationAmt08020
IRS990/TotalProgramServiceRevenueAmt0386059
IRS990/TotalReportableCompFromOrgAmt0170827
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0266781
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03109313
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0119278
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0454926
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0670727
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0228762
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0322496
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0750 NW LAVA RD NO 160
IRS990/USAddress/CityNm0BEND
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097701
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.VISITBEND.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVNEY DUGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum05413828048
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEND VISITOR & CONVENTION BUREAU
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA VISIT BEND
ReturnHeader/Filer/BusinessNameControlTxt0BEND
ReturnHeader/Filer/EIN0710874661
ReturnHeader/Filer/PhoneNum05413828048
ReturnHeader/Filer/USAddress/AddressLine1Txt0750 NW LAVA RD NO 160
ReturnHeader/Filer/USAddress/CityNm0BEND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097701
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0930620214
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PRICE FRONK & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02796 NW CLEARWATER DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BEND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097703
ReturnHeader/PreparerPersonGrp/PhoneNum05413824791
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WESLEY B PRICE III
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-11-15T11:23:33-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.65$0.60$2.05$5.26$5.30$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.76$0.68$2.08$5.16$5.72$0.56
2022Detailed filing. Detailed filing data is available for this year.$2.81$0.41$2.40$4.39$4.32$0.07
2021Detailed filing. Detailed filing data is available for this year.$2.62$0.29$2.33$3.25$1.68$1.57
2020Detailed filing. Detailed filing data is available for this year.$1.01$0.41$0.60$2.98$2.95$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.96$0.39$0.57$3.32$3.04$0.28
2018Detailed filing. Detailed filing data is available for this year.$0.67$0.37$0.30$3.23$3.27$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.77$0.44$0.34$3.51$3.50$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.67$0.35$0.32$3.11$3.02$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.45$0.23$0.23$2.43$2.32$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.34$0.22$0.12$1.71$1.74$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.09$0.15$1.34$1.35$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.09$0.16$1.26
2011Summary only. Only limited summary data is available for this year.$0.21$0.07$0.14$1.21$1.18$0.02