Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Fergus Falls Convention and Visitors Bureau Inc
990EZ • Fiscal year 2019 • EIN 74-3095875
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.08x
Liabilities / Revenue
69th percentile
Higher debt load relative to revenue than 69% of similar nonprofits.
Net Margin
37th percentile
Higher net margin than 37% of similar nonprofits.
Top Officer Pay
88th percentile
Higher top officer pay than 88% of similar nonprofits.
Top officer pay equals 32.6% of source-year revenue.
Asset Growth
31st percentile
Faster asset growth than 31% of similar nonprofits.
Revenue Growth
77th percentile
Faster revenue growth than 77% of similar nonprofits.
Balance Sheet
Assets
Down$79,379
Down $5,471 (-6.4%) from 2018
Net Assets
Down$72,766
Down $3,287 (-4.3%) from 2018
Liabilities
Down$6,613
Down $2,184 (-25%) from 2018
Revenue And Expenses
Revenue
Up$175,920
Up $25,055 (+17%) from 2018
Expenses
Up$179,208
Up $25,474 (+17%) from 2018
Net Income
Down-$3,288
Down $419 (-15%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Jul 29, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $175,920
Mission and Program Overview
Mission
The mission is to attract convention and tourism business.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE FERGUS FALLS CONVENTION AND VISITORS BUREAU IS ORGANIZED FOR THE PURPOSE OF ADVANCING THE ECONOMIC IMPACT IN FERGUS FALLS BY ENGAGING IN THE PROMOTION AND ATTRACTION OF CONVENTIONS AND TOURISM BUSINESS. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JEAN BOWMAN | Executive Di | FT | $57,408 | - | $57,408 |
| KAROLINE GUSTAFSON | Chair | - | $0 | - | - |
| SAMANTHA VANWECHEL-MEYER | Vice Chair | - | $0 | - | - |
| MIKE TRUDEAU | Secretary/Tr | - | $0 | - | - |
| LYNN BRAND | Director | - | $0 | - | - |
| GRETCHEN BROWN | Director | - | $0 | - | - |
| MICHAEL BURGRAFF | Director | - | $0 | - | - |
| LINDA HUBER | Director | - | $0 | - | - |
| ANDY LARSEN | Director | - | $0 | - | - |
| JEREMY NELSON | Director | - | $0 | - | - |
| NAOMI SCHLIESMAN | Director | - | $0 | - | - |
| CHRIS SCHUELKE | Director | - | $0 | - | - |
| KERESA SCHULTZ | Director | - | $0 | - | - |
| SHAWN DONAIS | Director | - | $0 | - | - |
| JIM FISH | Mayoral Appt | - | $0 | - | - |
| LISA WORKMAN | Ex-Officio | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Fergus Falls Convention and
- EIN
- 74-3095875
- Phone
- 2187390125
- Address
- 112 WEST WASHINGTON AVE, FERGUS FALLS, MN 56537
Signing Officer
- Name
- Karoline Gustafson
- Title
- Chair
- Phone
- 2183325425
- Signed
- 2020-07-29
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Carlsonsv Llp
- Address
- 2450 COLLEGE WAY, FERGUS FALLS, MN 56537
- Preparer
- Jesse D Mark Ea
- Phone
- 2187393267
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses tot / ps advertising 93,010 m/g office 1,913 tot / ps office 5,740 m/g information tech 50 tot / ps information tech 200 m/g travel 3,340 tot / ps travel 834 m/g conferences/meetings 757 m/g insurance 1,911 tot / ps other expenses 100 total 107,855”
Form 990-ez, Part II, Line 24
“Accounts receivable 82 1,000 prepaid expenses and deferred charges 651 1,569 due from state of minnesota 7,000 13,113 interest receivable 204 156 taxes receivable 19,524 18,080 total 27,461 33,918”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 8,796 6,613”
Raw XML Appendix166 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | CITY OF FERGUS FALLS |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2187390125 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 112 W WASHINGTON AVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | FERGUS FALLS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MN |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 56537 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 57389 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 45461 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 34413 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -3288 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 8547 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 84850 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 79379 |
| IRS990EZ/GrossReceiptsAmt | 0 | 175920 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2273 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 76054 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 72766 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 76054 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 72766 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 9 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 10 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 11 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 12 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 13 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 14 | 0.25 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 15 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 10 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 11 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 12 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 13 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 14 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 15 | 57408 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KAROLINE GUSTAFSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SAMANTHA VANWECHEL-MEYER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MIKE TRUDEAU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | LYNN BRAND |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | GRETCHEN BROWN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | MICHAEL BURGRAFF |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | LINDA HUBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | ANDY LARSEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | JEREMY NELSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | NAOMI SCHLIESMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 10 | CHRIS SCHUELKE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 11 | KERESA SCHULTZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 12 | SHAWN DONAIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 13 | JIM FISH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 14 | LISA WORKMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 15 | JEAN BOWMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY/TR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 10 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 11 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 12 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 13 | MAYORAL APPT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 14 | EX-OFFICIO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 15 | EXECUTIVE DI |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 27461 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 33918 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 107855 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE MISSION IS TO ATTRACT CONVENTION AND TOURISM BUSINESS. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 139234 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE FERGUS FALLS CONVENTION AND VISITORS BUREAU IS ORGANIZED FOR THE PURPOSE OF ADVANCING THE ECONOMIC IMPACT IN FERGUS FALLS BY ENGAGING IN THE PROMOTION AND ATTRACTION OF CONVENTIONS AND TOURISM BUSINESS. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 62806 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 8796 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 6613 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 179208 |
| IRS990EZ/TotalRevenueAmt | 0 | 175920 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.VISITFERGUSFALLS.COM |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES TOT / PS ADVERTISING 93,010 M/G OFFICE 1,913 TOT / PS OFFICE 5,740 M/G INFORMATION TECH 50 TOT / PS INFORMATION TECH 200 M/G TRAVEL 3,340 TOT / PS TRAVEL 834 M/G CONFERENCES/MEETINGS 757 M/G INSURANCE 1,911 TOT / PS OTHER EXPENSES 100 TOTAL 107,855 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 82 1,000 PREPAID EXPENSES AND DEFERRED CHARGES 651 1,569 DUE FROM STATE OF MINNESOTA 7,000 13,113 INTEREST RECEIVABLE 204 156 TAXES RECEIVABLE 19,524 18,080 TOTAL 27,461 33,918 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 8,796 6,613 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| ReturnHeader/BuildTS | 0 | 2020-09-22 18:59:49Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KAROLINE GUSTAFSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2183325425 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-07-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FERGUS FALLS CONVENTION AND |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | VISITORS BUREAU INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FERG |
| ReturnHeader/Filer/EIN | 0 | 743095875 |
| ReturnHeader/Filer/PhoneNum | 0 | 2187390125 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 112 WEST WASHINGTON AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FERGUS FALLS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 56537 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 7195C1F685EDC6F311C6B1538E43E3D0D2F43AAA |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 9DE2001078B3B038E116952FD8EF6783022722FE |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 64.88.174.3 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-08-04 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 09:38:45 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 411562398 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CARLSONSV LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2450 COLLEGE WAY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FERGUS FALLS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 56537 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2187393267 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-07-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JESSE D MARK EA |
| ReturnHeader/ReturnTs | 0 | 2020-08-04T09:38:45-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $79,379
- Liabilities
- $6,613
- Net assets
- $72,766
- Revenue
- $175,920
- Expenses
- $179,208
- Net income
- -$3,288