Civic Intelligence

Gilroy Visitors Bureau Inc

990 • Fiscal year 2021 • EIN 77-0553294

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 03, 2021

8155 Arroyo Circle Suite 6Gilroy, CA 95020

(408) 842-6436

Siviq Scores

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

Liabilities / Assets

69th percentile

0.21x

Higher debt load relative to assets than 69% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.17x

Higher debt load relative to revenue than 62% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Net Margin

64th percentile

17%

Higher net margin than 64% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

54th percentile

$57,958

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2021

Asset Growth

88th percentile

47%

Faster asset growth than 88% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

29th percentile

-4.6%

Faster revenue growth than 29% of similar nonprofits.

2021 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$491,269

Up $157,376 (+47%) from 2020

Net Assets

Up

$386,968

Up $102,530 (+36%) from 2020

Liabilities

Up

$104,301

Up $54,846 (+111%) from 2020

Revenue

Down

$603,209

Down $29,120 (-4.6%) from 2020

Expenses

Down

$500,679

Down $98,288 (-16%) from 2020

Net Income

Up

$102,530

Up $69,168 (+207%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $97,720Liabilities 2011: $9,104Net Assets 2011: $88,6162011Assets 2012: $114,604Liabilities 2012: $16,593Net Assets 2012: $98,0112012Assets 2013: $180,057Liabilities 2013: $21,008Net Assets 2013: $159,0492013Assets 2014: $415,114Liabilities 2014: $148,288Net Assets 2014: $266,8262014Assets 2015: $294,002Liabilities 2015: $44,610Net Assets 2015: $249,3922015Assets 2016: $340,780Liabilities 2016: $56,388Net Assets 2016: $284,3922016Assets 2017: $336,730Liabilities 2017: $52,014Net Assets 2017: $284,7162017Assets 2018: $323,512Liabilities 2018: $62,108Net Assets 2018: $261,4042018Assets 2019: $316,886Liabilities 2019: $65,810Net Assets 2019: $251,0762019Assets 2020: $333,893Liabilities 2020: $49,455Net Assets 2020: $284,4382020Assets 2021: $491,269Liabilities 2021: $104,301Net Assets 2021: $386,9682021Assets 2022: $545,279Liabilities 2022: $44,735Net Assets 2022: $500,5442022Assets 2023: $614,079Liabilities 2023: $38,788Net Assets 2023: $575,2912023Assets 2024: $821,413Liabilities 2024: $42,530Net Assets 2024: $778,8832024Assets 2025: $754,210Liabilities 2025: $108,761Net Assets 2025: $645,4492025

Highlighted filing

2021

Assets$491,269
Liabilities$104,301
Net Assets$386,968

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $196,065Expenses 2011: $201,613Net Income 2011: -$5,5482011Revenue 2012: $322,497Expenses 2012: $313,102Net Income 2012: $9,3952012Revenue 2013: $374,637Expenses 2013: $313,599Net Income 2013: $61,0382013Revenue 2014: $664,860Expenses 2014: $557,083Net Income 2014: $107,7772014Revenue 2015: $655,500Expenses 2015: $672,934Net Income 2015: -$17,4342015Revenue 2016: $695,567Expenses 2016: $660,567Net Income 2016: $35,0002016Revenue 2017: $702,652Expenses 2017: $702,328Net Income 2017: $3242017Revenue 2018: $700,029Expenses 2018: $718,293Net Income 2018: -$18,2642018Revenue 2019: $761,483Expenses 2019: $771,811Net Income 2019: -$10,3282019Revenue 2020: $632,329Expenses 2020: $598,967Net Income 2020: $33,3622020Revenue 2021: $603,209Expenses 2021: $500,679Net Income 2021: $102,5302021Revenue 2022: $718,125Expenses 2022: $604,549Net Income 2022: $113,5762022Revenue 2023: $762,833Expenses 2023: $688,086Net Income 2023: $74,7472023Revenue 2024: $745,552Expenses 2024: $541,960Net Income 2024: $203,5922024Revenue 2025: $713,781Expenses 2025: $845,390Net Income 2025: -$131,6092025

Highlighted filing

2021

Revenue$603,209
Expenses$500,679
Net Income$102,530
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 3, 2021
Return Version
2020v4.0
Gross Receipts
$620,517
Mission and Program Overview

Mission

Operate local visitors bureau to promote tourism in the gilroy area.covid-19 restrictions limited the organization from performing some of its usual activities. Once the restrictions are lifted, they anticipate gradually returning to normal activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$153,558$274,032▲ $120,474
Savings and Temporary Cash Investments$101,063$101,257▲ $194
Accounts Receivable$32,404$76,726▲ $44,322
Land, Buildings, and Equipment, Net$20,361$17,828▼ $2,533
Prepaid Expenses and Deferred Charges$6,205$12,080▲ $5,875
Intangible Assets$11,112$0▼ $11,112
Inventories for Sale or Use$8,851$9,007▲ $156
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Total Assets$333,893$491,269▲ $157,376
Other Assets Total$339$339→ $0
Liabilities
Other Liabilities$25,121$68,643▲ $43,522
Accounts Payable and Accrued Expenses$24,334$35,658▲ $11,324
Total Liabilities$49,455$104,301▲ $54,846
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$150,812$293,291▲ $142,479
Net Assets With Donor Restrictions$133,626$93,677▼ $39,949
Total Net Assets Fund Balance$284,438$386,968▲ $102,530
Total Liabilities and Net Assets / Fund Balance$333,893$491,269▲ $157,376

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$13,663$4,744$18,407
Equipment$1,566$9,224$10,790
Other Land Buildings$2,599$7,231$9,830
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jane HowardExecutive DirectorFT$57,958$57,958

Board Members and Trustees

NameTitle
Vic VanniChairman
David McloughlinVice - Chairman
Adam SanchezDirector
Brent BoninoDirector
Dave PeoplesDirector
Don DelorenzoDirector
Jeanine OlsenDirector
Karine DeckerDirector
Michael FulcherDirector
Mike PatelDirector
Nancy MacielDirector
Sara LiraDirector
Tom ClineDirector
Zach HiltonDirector
Kurt MichielssenSecretary
Mark TurnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$589,606
Program Service Revenue
$5,227
Investment Income
$194
Other Revenue
$8,182
Change in Net Assets
$102,530
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$303,475
Salaries, Compensation, and Employee Benefits$197,204
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$216,532--$216,532
Current Officers, Directors, Trustees, and Key Employees$89,184$9,909-$99,093
Other Salaries and Wages$72,490$8,055-$80,545
Payroll Taxes$15,701$1,745-$17,446
Information Technology$12,553$1,395-$13,948
Depreciation Depletion-$13,645-$13,645
Occupancy$8,503$945-$9,448
All Other Expenses$8,111$901-$9,012
Other Expenses$5,478$586-$5,478
Fees for Services Accounting$4,735$526-$5,261
Insurance$3,920$436-$4,356
Office Expenses$2,801$311-$3,112
Other Employee Benefits$108$12-$120
Conferences and Meetings$75--$75
Total Functional Expenses$460,539$40,140$0$500,679
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Ppp Loan$39,785
Accrued Vacation$16,275
Accrued Payroll Expense$7,957
Payroll Tax Liabilities$4,121
Accrued Sales Tax Payable$504
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

Tax return is reviewed by the executive director and a copy of the return is provided to each board member for review.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each director is required to provide a signed statement annually certifying that they understand and have complied with the conflict of interest policy.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Board of directors review comparability data and contemporaneous substantiation of the deliberation and decision.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Gilroy Visitors Bureau Inc
EIN
77-0553294
Phone
4088426436
Address
8155 ARROYO CIRCLE SUITE 6, GILROY, CA 95020

Signing Officer

Name
Vic Vanni
Title
Chairman
Signed
2021-11-03
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
17
Independent Board Members
15
Employees
9

Preparer

Firm
Blaettler Accountancy
Address
7881 Church Street Suite B, Gilroy, CA 95020
Preparer
John Blaettler
Phone
4088482730
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt16Vice - Chairman
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GovernmentGrantsAmt0589606
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OPERATE LOCAL VISITORS BUREAU TO PROMOTE TOURISM IN THE GILROY AREA.COVID-19 RESTRICTIONS LIMITED THE ORGANIZATION FROM PERFORMING SOME OF ITS USUAL ACTIVITIES. ONCE THE RESTRICTIONS ARE LIFTED, THEY ANTICIPATE GRADUALLY RETURNING TO NORMAL ACTIVITIES.
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
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IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt08182
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0150812
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IRS990/NondeductibleContributionsInd0false
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
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IRS990/OtherExpensesGrp/Desc3MEMBERSHIPS
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IRS990/OtherExpensesGrp/TotalAmt010016
IRS990/OtherExpensesGrp/TotalAmt16730
IRS990/OtherExpensesGrp/TotalAmt25862
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IRS990/OtherLiabilitiesGrp/BOYAmt025121
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IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08055
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt072490
IRS990/OtherSalariesAndWagesGrp/TotalAmt080545
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01745
IRS990/PayrollTaxesGrp/ProgramServicesAmt015701
IRS990/PayrollTaxesGrp/TotalAmt017446
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012080
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IRS990/ProgramServiceRevenueGrp/Desc0ADVERTISING PROGRAM
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0601777
IRS990/PYInvestmentIncomeAmt0252
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
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IRS990/PYOtherRevenueAmt019687
IRS990/PYProgramServiceRevenueAmt010613
IRS990/PYRevenuesLessExpensesAmt033362
IRS990/PYSalariesCompEmpBnftPaidAmt0210776
IRS990/PYTotalExpensesAmt0598967
IRS990/PYTotalRevenueAmt0632329
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0102530
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0101063
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0101257
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01566
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09224
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010790
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt013663
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04744
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt018407
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02599
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07231
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09830
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07957
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1504
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt216275
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt34121
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt41
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt539785
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL EXPENSE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED VACATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PAYROLL TAX LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5SBA PPP LOAN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017828
IRS990ScheduleD/TotalLiabilityAmt068643
IRS990/ScheduleJRequiredInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.54$1.09$6.45$7.14$8.45$1.32
2024Detailed filing. Detailed filing data is available for this year.$8.21$0.43$7.79$7.46$5.42$2.04
2023Detailed filing. Detailed filing data is available for this year.$6.14$0.39$5.75$7.63$6.88$0.75
2022Detailed filing. Detailed filing data is available for this year.$5.45$0.45$5.01$7.18$6.05$1.14
2021Detailed filing. Detailed filing data is available for this year.$4.91$1.04$3.87$6.03$5.01$1.03
2020Detailed filing. Detailed filing data is available for this year.$3.34$0.49$2.84$6.32$5.99$0.33
2019Detailed filing. Detailed filing data is available for this year.$3.17$0.66$2.51$7.61$7.72$0.10
2018Detailed filing. Detailed filing data is available for this year.$3.24$0.62$2.61$7.00$7.18$0.18
2017Detailed filing. Detailed filing data is available for this year.$3.37$0.52$2.85$7.03$7.02$0.00
2016Detailed filing. Detailed filing data is available for this year.$3.41$0.56$2.84$6.96$6.61$0.35
2015Summary only. Only limited summary data is available for this year.$2.94$0.45$2.49$6.56$6.73$0.17
2014Summary only. Only limited summary data is available for this year.$4.15$1.48$2.67$6.65$5.57$1.08
2013Summary only. Only limited summary data is available for this year.$1.80$0.21$1.59$3.75$3.14$0.61
2012Summary only. Only limited summary data is available for this year.$1.15$0.17$0.98$3.22$3.13$0.09
2011Summary only. Only limited summary data is available for this year.$0.98$0.09$0.89$1.96$2.02$0.06
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)6 • $500k-$1M nonprofits