Civic Intelligence

Visit Issaquah

990 • Fiscal year 2023 • EIN 83-1461089

Jan 01, 2023 to Dec 31, 2023 • Filed on May 09, 2024

1484 Hyla NWIssaquah, WA 98027

(425) 395-3000

Siviq Scores

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

Liabilities / Assets

56th percentile

0.01x

Higher debt load relative to assets than 56% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

48th percentile

0.00x

Higher debt load relative to revenue than 48% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

51st percentile

2.0%

Higher net margin than 51% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

97th percentile

$110,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 52.4% of source-year revenue.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

57th percentile

4.1%

Faster asset growth than 57% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

76th percentile

27%

Faster revenue growth than 76% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$32,692

Up $1,274 (+4.1%) from 2022

Net Assets

Up

$32,248

Up $3,990 (+14%) from 2022

Liabilities

Down

$444

Down $2,716 (-86%) from 2022

Revenue

Up

$209,767

Up $44,830 (+27%) from 2022

Expenses

Up

$205,496

Up $23,589 (+13%) from 2022

Net Income

Up

$4,271

Up $21,241 (+125%) from 2022

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2020: $77,697Liabilities 2020: $696Net Assets 2020: $77,0012020Assets 2022: $31,418Liabilities 2022: $3,160Net Assets 2022: $28,2582022Assets 2023: $32,692Liabilities 2023: $444Net Assets 2023: $32,2482023Assets 2024: $106,956Liabilities 2024: $5,175Net Assets 2024: $101,7812024

Highlighted filing

2023

Assets$32,692
Liabilities$444
Net Assets$32,248

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2020: $368,461Expenses 2020: $436,945Net Income 2020: -$68,4842020Revenue 2022: $164,937Expenses 2022: $181,907Net Income 2022: -$16,9702022Revenue 2023: $209,767Expenses 2023: $205,496Net Income 2023: $4,2712023Revenue 2024: $302,029Expenses 2024: $232,496Net Income 2024: $69,5332024

Highlighted filing

2023

Revenue$209,767
Expenses$205,496
Net Income$4,271
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 9, 2024
Return Version
2023v5.0
Gross Receipts
$209,767
Mission and Program Overview

Mission

Organized and operated exclusively to increase the tax revenue of the City of Issaquah by improving the business conditions for retail, meetings, hospitality, recreation, lodging, and activities, thereby alleviating fiscal and personnel burdens of the local government.

To serve as issaquah's destination marketing organization (dmo), and to increase tourism in the region by marketing issaquah's hotels, amenities, attractions and events.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$28,258$32,248▲ $3,990
Pledges and Grants Receivable$0$20,972▲ $20,972
Intangible Assets$0$11,029▲ $11,029
Prepaid Expenses and Deferred Charges$125$420▲ $295
Cash and Non-Interest-Bearing Accounts$31,293$271▼ $31,022
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$31,418$32,692▲ $1,274
Liabilities
Accounts Payable and Accrued Expenses$3,160$444▼ $2,716
Total Liabilities$3,160$444▼ $2,716
Net Assets / Fund Balance
Total Net Assets Fund Balance$28,258$32,248▲ $3,990
Total Liabilities and Net Assets / Fund Balance$31,418$32,692▲ $1,274
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christy GarrardExecutive DirectorFT$110,000$110,000

Board Members and Trustees

NameTitle
John ParizekChair
Marty DawoodVice-chair
Melia WilkinsonTrustee
Lisa ShennumSecretary
Bill RossmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$209,767
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$4,271
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$118,871
Other Expenses$86,625
Total Fundraising Expense$11,887
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$77,000$22,000$11,000$110,000
Advertising$44,943--$44,943
Fees for Services Accounting-$13,570-$13,570
Payroll Taxes$6,210$1,774$887$8,871
Conferences and Meetings$7,342--$7,342
Information Technology$4,458$1,344-$5,802
Fees for Services Legal-$2,831-$2,831
Office Expenses-$2,199-$2,199
Depreciation Depletion-$1,697-$1,697
Insurance-$1,503-$1,503
Travel$866--$866
Other Expenses$4,465$860-$860
Fees for Services Other-$547-$547
Total Functional Expenses$145,284$48,325$11,887$205,496
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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, Part VI, Section B, Line 11B

Prior to filing, form 990 is reviewed by the executive director and board chair.

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

The conflict of interest policy covers any director, officer, and committee member of a governing board. The board of directors determines if a conflict exits and subsequent review. If a conflict is determined that member is excused from voting.

Form 990, Part VI, Section C, Line 19

The organization does not make its governing documents, conflict of interest policy, and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Visit Issaquah
EIN
83-1461089
Phone
4253953000
Address
1484 HYLA NW, ISSAQUAH, WA 98027

Signing Officer

Name
John Parizek
Title
Chair
Phone
4253953000
Signed
2024-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christy Garrard
Formed
2018
Legal Domicile
Wa
Voting Board Members
5
Independent Board Members
5
Employees
1
Volunteers
5

Preparer

Firm
Clark Nuber Ps
Address
10900 NE 4TH ST STE 1400, BELLEVUE, WA 98004
Preparer
Carolyn B Fjelstad
Phone
4254544919
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 6:

Total volunteers consisted of 5 board members that volunteered their time as board members during the year.

FORM 990, PART XI, LINE 9:

Refund of prior year grants -281.

Raw XML Appendix355 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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IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
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IRS990/MissionDesc0ORGANIZED AND OPERATED EXCLUSIVELY TO INCREASE THE TAX REVENUE OF THE CITY OF ISSAQUAH BY IMPROVING THE BUSINESS CONDITIONS FOR RETAIL, MEETINGS, HOSPITALITY, RECREATION, LODGING, AND ACTIVITIES, THEREBY ALLEVIATING FISCAL AND PERSONNEL BURDENS OF THE LOCAL GOVERNMENT.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0EXPENSE REIMBURSEMENT - 2020 AMOUNT: $ 2,428. CASH REWARDS - 2021 AMOUNT: $ 363.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TOTAL VOLUNTEERS CONSISTED OF 5 BOARD MEMBERS THAT VOLUNTEERED THEIR TIME AS BOARD MEMBERS DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR TO FILING, FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD CHAIR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY COVERS ANY DIRECTOR, OFFICER, AND COMMITTEE MEMBER OF A GOVERNING BOARD. THE BOARD OF DIRECTORS DETERMINES IF A CONFLICT EXITS AND SUBSEQUENT REVIEW. IF A CONFLICT IS DETERMINED THAT MEMBER IS EXCUSED FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REFUND OF PRIOR YEAR GRANTS -281.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 6:
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
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IRS990/TotalAssetsBOYAmt00
IRS990/TotalAssetsEOYAmt032692
IRS990/TotalAssetsGrp/BOYAmt031418
IRS990/TotalAssetsGrp/EOYAmt032692
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0209767
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt011887
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt048325
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0145284
IRS990/TotalFunctionalExpensesGrp/TotalAmt0205496
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt0444
IRS990/TotalLiabilitiesGrp/BOYAmt03160
IRS990/TotalLiabilitiesGrp/EOYAmt0444
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt028258
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt032248
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0145284
IRS990/TotalReportableCompFromOrgAmt0110000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0209767
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt031418
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt032692
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0866
IRS990/TravelGrp/TotalAmt0866
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01484 HYLA NW
IRS990/USAddress/CityNm0ISSAQUAH
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098027
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.VISITISSAQUAHWA.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN PARIZEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum04253953000
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VISIT ISSAQUAH
ReturnHeader/Filer/BusinessNameControlTxt0VISI
ReturnHeader/Filer/EIN0831461089
ReturnHeader/Filer/PhoneNum04253953000
ReturnHeader/Filer/USAddress/AddressLine1Txt01484 HYLA NW
ReturnHeader/Filer/USAddress/CityNm0ISSAQUAH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098027
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911194016
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLARK NUBER PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010900 NE 4TH ST STE 1400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BELLEVUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098004
ReturnHeader/PreparerPersonGrp/PhoneNum04254544919
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CAROLYN B FJELSTAD
ReturnHeader/ReturnTs02024-05-09T16:37:09-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PARIZEK
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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