Civic Intelligence

Brazos Valley Convention and Visitors Bureau

990 • Fiscal year 2019 • EIN 71-0916315

Oct 01, 2018 to Sep 30, 2019 • Filed on Jan 08, 2020

614 Holleman Drive E No 1100College Station, TX 77840

(979) 260-9898

Siviq Scores

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

Liabilities / Assets

64th percentile

0.27x

Higher debt load relative to assets than 64% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

40th percentile

0.11x

Higher debt load relative to revenue than 40% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Net Margin

10th percentile

-11%

Higher net margin than 10% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

33rd percentile

$88,988

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Asset Growth

4th percentile

-26%

Faster asset growth than 4% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

62nd percentile

6.7%

Faster revenue growth than 62% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$949,739

Down $329,770 (-26%) from 2018

Net Assets

Down

$697,133

Down $265,048 (-28%) from 2018

Liabilities

Down

$252,606

Down $64,722 (-20%) from 2018

Revenue

Up

$2,405,313

Up $151,024 (+6.7%) from 2018

Expenses

Up

$2,670,361

Up $455,943 (+21%) from 2018

Net Income

Down

-$265,048

Down $304,919 (-765%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $755,779Liabilities 2011: $26,927Net Assets 2011: $728,8522011Assets 2012: $721,318Liabilities 2012: $41,781Net Assets 2012: $679,5372012Assets 2013: $854,122Liabilities 2013: $84,639Net Assets 2013: $769,4832013Assets 2014: $965,447Liabilities 2014: $100,716Net Assets 2014: $864,7312014Assets 2015: $1,005,098Liabilities 2015: $70,476Net Assets 2015: $934,6222015Assets 2016: $1,122,643Liabilities 2016: $129,683Net Assets 2016: $992,9602016Assets 2017: $1,150,394Liabilities 2017: $183,024Net Assets 2017: $967,3702017Assets 2018: $1,279,509Liabilities 2018: $317,328Net Assets 2018: $962,1812018Assets 2019: $949,739Liabilities 2019: $252,606Net Assets 2019: $697,1332019Assets 2020: $890,348Liabilities 2020: $150,716Net Assets 2020: $739,6322020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2019

Assets$949,739
Liabilities$252,606
Net Assets$697,133

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,271,2442011Expenses 2012: $1,921,0712012Expenses 2013: $1,475,2882013Revenue 2014: $1,883,932Expenses 2014: $1,788,684Net Income 2014: $95,2482014Revenue 2015: $1,999,834Expenses 2015: $1,929,943Net Income 2015: $69,8912015Revenue 2016: $2,218,158Expenses 2016: $2,159,820Net Income 2016: $58,3382016Revenue 2017: $2,369,655Expenses 2017: $2,395,245Net Income 2017: -$25,5902017Revenue 2018: $2,254,289Expenses 2018: $2,214,418Net Income 2018: $39,8712018Revenue 2019: $2,405,313Expenses 2019: $2,670,361Net Income 2019: -$265,0482019Revenue 2020: $2,016,011Expenses 2020: $1,973,512Net Income 2020: $42,4992020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021

Highlighted filing

2019

Revenue$2,405,313
Expenses$2,670,361
Net Income-$265,048
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jan 8, 2020
Return Version
2018v3.1
Gross Receipts
$2,405,313
Mission and Program Overview

Mission

To enhance economic and social growth in bryan, college station and the brazos valley by marketing, promoting, developing and coordinating tourism, conventions, sports and hospitality opportunities in the area

To enhance economic and social growth in bryan, college station, and the brazos valley by marketing, promoting, developing and coordinating tourism, conventions, sports and hospitality opportunities in the area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$680,670$505,579▼ $175,091
Land, Buildings, and Equipment, Net$331,337$258,871▼ $72,466
Prepaid Expenses and Deferred Charges$78,363$82,800▲ $4,437
Accounts Receivable$103,377$29,322▼ $74,055
Intangible Assets$22,042$4,409▼ $17,633
Total Assets$1,279,509$949,739▼ $329,770
Other Assets Total$63,720$68,758▲ $5,038
Liabilities
Other Liabilities$124,103$147,843▲ $23,740
Accounts Payable and Accrued Expenses$165,777$104,763▼ $61,014
Deferred Revenue$27,448--
Total Liabilities$317,328$252,606▼ $64,722
Net Assets / Fund Balance
Unrestricted Net Assets$960,458$695,410▼ $265,048
Temporarily Rstr Net Assets$1,723$1,723→ $0
Total Net Assets Fund Balance$962,181$697,133▼ $265,048
Total Liabilities and Net Assets / Fund Balance$1,279,509$949,739▼ $329,770

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$187,363$99,813$287,176
Equipment$71,508$133,978$205,486
Other Assets Org$8,798--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kindra FryPresident/CEOFT$88,988$88,988

Board Members and Trustees

NameTitle
Jay PrimaveraChair
Steve MillerVice Chair
Brent HairstonBoard Member
Jerome RektorikBoard Member
Linda HarvellBoard Member
Mechelle MilliornBoard Member
Robert HolzweissBoard Member
Spencer ClementsBoard Member
Karen BonarrigoSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,306,313
Program Service Revenue
$99,000
Investment Income
$0
Other Revenue
$0
All Other Contributions
$19,137
Change in Net Assets
$-265,048

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,405,313
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,405,313
Total Revenue per Form 990
$2,405,313
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,822,096
Salaries, Compensation, and Employee Benefits$848,265
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons-$848,265-$848,265
Advertising$473,336--$473,336
All Other Expenses$168,701$129,669-$298,370
Occupancy-$93,589-$93,589
Depreciation Depletion---$90,099
Other Expenses$78,426--$78,426
Travel$65,593$9,151-$74,744
Fees for Services Accounting-$36,726-$36,726
Office Expenses$2,905$6,779-$9,684
Insurance$2,454$5,729-$8,183
Fees for Services Management$1,336$2,158-$3,494
Fees for Services Legal-$2,738-$2,738
Interest-$1,043-$1,043
Total Functional Expenses$1,444,415$1,135,847$0$2,670,361

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,670,361
Expenses per Audited Statements$2,669,676
Total Expenses per Audited Statements$2,669,676
Expenses Not Reported on Financial Statements$685
Other Expense Adjustments$685
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board Member Is a Manager at the Hilton College StationDuring the Year, the Bureau Incurred Multiple Expenses With the Hilton College Station. Expenses Realted to Marketing, Sales, and Promotion.No$7,061
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Hot Grant Payable$99,060
Deferred Rent$25,316
Current Obligations Under a Capital Lease$12,048
Obligations Under a Capital Lease Less Current Obligations$11,419
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
Yes
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, Part VI, Section A, Line 8B

No meetings held other than board of directors meetings

Form 990, Part VI, Section B, Line 11B

The bureau's from 990 is reviewed by the executive director and board of directors prior to filing

Form 990, Part VI, Section B, Line 12C

Each employee and board member must sign the conflict of interest policy at the time they join the bureau. Employees and board members are required to volunteer any conflicts of interest when they arise and this is easily enforced through the knowledge of each employee and board member and the knowledge of vendors the bureau does business with.

Form 990, Part VI, Section B, Line 15A

Salaries are set based on industry standards for that position both statewide and locally, years of experience and educational background. Additionally, the employee and his/her supervisor (the executive board of directors is the executive directors supervisor) set goals at the beginning of the year and the employee is evaluated at year end based on how (s)he met those goals. If goals are met or exceeded, the employee is eligible for an incremental salary adjustment or performance based incentive as approved by the board.

Form 990, Part VI, Section C, Line 19

For copies of audited financial statements and form 990, contact kindra fry, president/ceo, at 979-260-9898

Filing and Contact Details

Filer

Filer Name
Brazos Valley Convention &
EIN
71-0916315
Phone
9792609898
Address
614 HOLLEMAN DRIVE E NO 1100, COLLEGE STATION, TX 77840
Doing Business As
Experience Bryan College Station

Signing Officer

Name
Kindra Fry
Title
President
Phone
9792609898
Signed
2020-01-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kindra Fry
Formed
2003
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
14
Volunteers
0

Preparer

Firm
Ingram Wallis & Company Pc
Address
2100 EAST VILLA MARIA RD STE 100, BRYAN, TX 77802
Preparer
James D Ingram Iv
Phone
9797762600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Miscellaneous: program service expenses 22,429. Management and general expenses 16,523. Fundraising expenses 0. Total expenses 38,952. Payroll processing fees: program service expenses 0. Management and general expenses 29,189. Fundraising expenses 0. Total expenses 29,189. Site visits/fam tours: program service expenses 27,362. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,362. Professional development: program service expenses 19,421. Management and general expenses 2,158. Fundraising expenses 0. Total expenses 21,579. Repairs and maintenance: program service expenses 0. Management and general expenses 21,158. Fundraising expenses 0. Total expenses 21,158. Dues and subscriptions: program service expenses 19,416. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,416. Marketing leads: program service expenses 17,600. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,600. Luncheons/banquets: program service expenses 16,972. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,972. Trade show expenses: program service expenses 16,460. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,460. Small equipment: program service expenses 0. Management and general expenses 15,745. Fundraising expenses 0. Total expenses 15,745. Telephone: program service expenses 2,698. Management and general expenses 10,792. Fundraising expenses 0. Total expenses 13,490. Facilities expense: program service expenses 12,286. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,286. Technical support: program service expenses 0. Management and general expenses 10,768. Fundraising expenses 0. Total expenses 10,768. Utilities: program service expenses 0. Management and general expenses 9,786. Fundraising expenses 0. Total expenses 9,786. Printing: program service expenses 5,329. Management and general expenses 2,284. Fundraising expenses 0. Total expenses 7,613. Bid fees: program service expenses 6,904. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,904. Bad debt: program service expenses 0. Management and general expenses 5,556. Fundraising expenses 0. Total expenses 5,556. Postage: program service expenses 1,083. Management and general expenses 4,334. Fundraising expenses 0. Total expenses 5,417. Board expenses: program service expenses 741. Management and general expenses 1,376. Fundraising expenses 0. Total expenses 2,117.

Financial Statement Notes

PART X, LINE 2:

The bureau has adopted the provisions of asc 740, income taxes. The bureau evaluates its uncertain tax positions using the provisions of asc 450, contingencies. Accordingly, a loss contingency is recognized when it is probable that a liability has been incurred as of the date of the financial statements and the amount of the loss can be reasonably estimated. The amount recognized is subject to estimate and management judgment with respect to the likely outcome of each uncertain tax position. The amount that is ultimately sustained for an individual uncertain tax provision or for all uncertain tax positions in the aggregate could differ from the amount recognized. Interest and penalties associated with uncertain tax positions are recognized as components of federal income tax expense. The bureau did not have any interest or penalties with regard to uncertain tax positions in 2019. As noted above, the bureau is a taxexempt non-profit organization; therefore, no provision or liability for federal income taxes has been included in the financial statements. The bureau believes that its tax position regarding its status as a tax-exempt organization will remain significantly unchanged within the next twelve months.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

DEPRECIATION EXPENSE

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IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENHANCE ECONOMIC AND SOCIAL GROWTH IN BRYAN, COLLEGE STATION AND THE BRAZOS VALLEY BY MARKETING, PROMOTING, DEVELOPING AND COORDINATING TOURISM, CONVENTIONS, SPORTS AND HOSPITALITY OPPORTUNITIES IN THE AREA
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0962181
IRS990/NetAssetsOrFundBalancesEOYAmt0697133
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt093589
IRS990/OccupancyGrp/TotalAmt093589
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06779
IRS990/OfficeExpensesGrp/ProgramServicesAmt02905
IRS990/OfficeExpensesGrp/TotalAmt09684
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt063720
IRS990/OtherAssetsTotalGrp/EOYAmt068758
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BASE OPERATIONS/MAIN TR
IRS990/OtherExpensesGrp/Desc1SPONSORSHIPS
IRS990/OtherExpensesGrp/Desc2WEBSITE
IRS990/OtherExpensesGrp/Desc3SPORTS FOUNDATION
IRS990/OtherExpensesGrp/ProgramServicesAmt0288930
IRS990/OtherExpensesGrp/ProgramServicesAmt1220196
IRS990/OtherExpensesGrp/ProgramServicesAmt2142538
IRS990/OtherExpensesGrp/ProgramServicesAmt378426
IRS990/OtherExpensesGrp/TotalAmt0288930
IRS990/OtherExpensesGrp/TotalAmt1220196
IRS990/OtherExpensesGrp/TotalAmt2142538
IRS990/OtherExpensesGrp/TotalAmt378426
IRS990/OtherLiabilitiesGrp/BOYAmt0124103
IRS990/OtherLiabilitiesGrp/EOYAmt0147843
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt078363
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt082800
IRS990/PrincipalOfficerNm0KINDRA FRY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0EVENT INCOME
IRS990/ProgramServiceRevenueGrp/Desc1COMMISSIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt080508
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt118492
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt080508
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt118492
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02155866
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01431124
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt098423
IRS990/PYRevenuesLessExpensesAmt039871
IRS990/PYSalariesCompEmpBnftPaidAmt0783294
IRS990/PYTotalExpensesAmt02214418
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02254289
IRS990/ReconcilationRevenueExpnssAmt0-265048
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
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/BookValueAmt071508
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0133978
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0205486
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0685
IRS990ScheduleD/ExpensesSubtotalAmt02669676
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt036660
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt123300
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt28798
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0HOT GRANT RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1MAJOR IMPACT FUND RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEPOSIT RECEIVABLE
IRS990ScheduleD/OtherExpensesNotIncludedAmt0685
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0187363
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt099813
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0287176
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt099060
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt112048
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt211419
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt325316
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0HOT GRANT PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CURRENT OBLIGATIONS UNDER A CAPITAL LEASE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OBLIGATIONS UNDER A CAPITAL LEASE LESS CURRENT OBLIGATIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED RENT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02405313
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE BUREAU HAS ADOPTED THE PROVISIONS OF ASC 740, INCOME TAXES. THE BUREAU EVALUATES ITS UNCERTAIN TAX POSITIONS USING THE PROVISIONS OF ASC 450, CONTINGENCIES. ACCORDINGLY, A LOSS CONTINGENCY IS RECOGNIZED WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT JUDGMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. THE AMOUNT THAT IS ULTIMATELY SUSTAINED FOR AN INDIVIDUAL UNCERTAIN TAX PROVISION OR FOR ALL UNCERTAIN TAX POSITIONS IN THE AGGREGATE COULD DIFFER FROM THE AMOUNT RECOGNIZED. INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS ARE RECOGNIZED AS COMPONENTS OF FEDERAL INCOME TAX EXPENSE. THE BUREAU DID NOT HAVE ANY INTEREST OR PENALTIES WITH REGARD TO UNCERTAIN TAX POSITIONS IN 2019. AS NOTED ABOVE, THE BUREAU IS A TAXEXEMPT NON-PROFIT ORGANIZATION; THEREFORE, NO PROVISION OR LIABILITY FOR FEDERAL INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE BUREAU BELIEVES THAT ITS TAX POSITION REGARDING ITS STATUS AS A TAX-EXEMPT ORGANIZATION WILL REMAIN SIGNIFICANTLY UNCHANGED WITHIN THE NEXT TWELVE MONTHS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DEPRECIATION EXPENSE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0258871
IRS990ScheduleD/TotalBookValueOtherAssetsAmt068758
IRS990ScheduleD/TotalExpensesPerForm990Amt02670361
IRS990ScheduleD/TotalLiabilityAmt0147843
IRS990ScheduleD/TotalRevenuePerForm990Amt02405313
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02405313
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02669676
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0HILTON COLLEGE STATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER IS A MANAGER AT THE HILTON COLLEGE STATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt07061
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0DURING THE YEAR, THE BUREAU INCURRED MULTIPLE EXPENSES WITH THE HILTON COLLEGE STATION. EXPENSES REALTED TO MARKETING, SALES, AND PROMOTION.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO MEETINGS HELD OTHER THAN BOARD OF DIRECTORS MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BUREAU'S FROM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH EMPLOYEE AND BOARD MEMBER MUST SIGN THE CONFLICT OF INTEREST POLICY AT THE TIME THEY JOIN THE BUREAU. EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO VOLUNTEER ANY CONFLICTS OF INTEREST WHEN THEY ARISE AND THIS IS EASILY ENFORCED THROUGH THE KNOWLEDGE OF EACH EMPLOYEE AND BOARD MEMBER AND THE KNOWLEDGE OF VENDORS THE BUREAU DOES BUSINESS WITH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SALARIES ARE SET BASED ON INDUSTRY STANDARDS FOR THAT POSITION BOTH STATEWIDE AND LOCALLY, YEARS OF EXPERIENCE AND EDUCATIONAL BACKGROUND. ADDITIONALLY, THE EMPLOYEE AND HIS/HER SUPERVISOR (THE EXECUTIVE BOARD OF DIRECTORS IS THE EXECUTIVE DIRECTORS SUPERVISOR) SET GOALS AT THE BEGINNING OF THE YEAR AND THE EMPLOYEE IS EVALUATED AT YEAR END BASED ON HOW (S)HE MET THOSE GOALS. IF GOALS ARE MET OR EXCEEDED, THE EMPLOYEE IS ELIGIBLE FOR AN INCREMENTAL SALARY ADJUSTMENT OR PERFORMANCE BASED INCENTIVE AS APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOR COPIES OF AUDITED FINANCIAL STATEMENTS AND FORM 990, CONTACT KINDRA FRY, PRESIDENT/CEO, AT 979-260-9898
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MISCELLANEOUS: PROGRAM SERVICE EXPENSES 22,429. MANAGEMENT AND GENERAL EXPENSES 16,523. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,952. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 29,189. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,189. SITE VISITS/FAM TOURS: PROGRAM SERVICE EXPENSES 27,362. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,362. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 19,421. MANAGEMENT AND GENERAL EXPENSES 2,158. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,579. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 21,158. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,158. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 19,416. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,416. MARKETING LEADS: PROGRAM SERVICE EXPENSES 17,600. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,600. LUNCHEONS/BANQUETS: PROGRAM SERVICE EXPENSES 16,972. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,972. TRADE SHOW EXPENSES: PROGRAM SERVICE EXPENSES 16,460. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,460. SMALL EQUIPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 15,745. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,745. TELEPHONE: PROGRAM SERVICE EXPENSES 2,698. MANAGEMENT AND GENERAL EXPENSES 10,792. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,490. FACILITIES EXPENSE: PROGRAM SERVICE EXPENSES 12,286. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,286. TECHNICAL SUPPORT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,768. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,768. UTILITIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,786. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,786. PRINTING: PROGRAM SERVICE EXPENSES 5,329. MANAGEMENT AND GENERAL EXPENSES 2,284. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,613. BID FEES: PROGRAM SERVICE EXPENSES 6,904. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,904. BAD DEBT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,556. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,556. POSTAGE: PROGRAM SERVICE EXPENSES 1,083. MANAGEMENT AND GENERAL EXPENSES 4,334. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,417. BOARD EXPENSES: PROGRAM SERVICE EXPENSES 741. MANAGEMENT AND GENERAL EXPENSES 1,376. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,117.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01723
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01723
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01279509
IRS990/TotalAssetsEOYAmt0949739
IRS990/TotalAssetsGrp/BOYAmt01279509
IRS990/TotalAssetsGrp/EOYAmt0949739
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02306313
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01135847
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01444415
IRS990/TotalFunctionalExpensesGrp/TotalAmt02670361
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0317328
IRS990/TotalLiabilitiesEOYAmt0252606
IRS990/TotalLiabilitiesGrp/BOYAmt0317328
IRS990/TotalLiabilitiesGrp/EOYAmt0252606
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0962181
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0697133
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01444415
IRS990/TotalProgramServiceRevenueAmt099000
IRS990/TotalReportableCompFromOrgAmt088988
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt099000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02405313
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01279509
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0949739
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt09151
IRS990/TravelGrp/ProgramServicesAmt065593
IRS990/TravelGrp/TotalAmt074744
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0960458
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0695410
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0614 HOLLEMAN DRIVE E SUITE 1100
IRS990/USAddress/CityNm0COLLEGE STATION
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077840
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.EXPERIENCEBCS.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KINDRA FRY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09792609898
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-01-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BRAZOS VALLEY CONVENTION &
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0VISITORS BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0BRAZ

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