Civic Intelligence

Kitsap Peninsula Visitor & Convention Bureau

990 • Fiscal year 2015 • EIN 91-1146544

Jan 01, 2015 to Dec 31, 2015 • Filed on May 06, 2016

9481 Silverdale Way NW No 281Silverdale, WA 98383

(360) 908-0088

Siviq Scores

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

Liabilities / Assets

67th percentile

0.05x

Higher debt load relative to assets than 67% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.01x

Higher debt load relative to revenue than 55% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

42nd percentile

0.1%

Higher net margin than 42% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

28th percentile

-8.1%

Faster asset growth than 28% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

52nd percentile

2.1%

Faster revenue growth than 52% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$49,779

Down $4,396 (-8.1%) from 2014

Net Assets

Up

$47,091

Up $320 (+0.7%) from 2014

Liabilities

Down

$2,688

Down $4,716 (-64%) from 2014

Revenue

Up

$294,986

Up $6,185 (+2.1%) from 2014

Expenses

Up

$294,666

Up $38,712 (+15%) from 2014

Net Income

Down

$320

Down $32,527 (-99%) from 2014

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $47,550Liabilities 2011: $10,996Net Assets 2011: $36,5542011Assets 2012: $41,613Liabilities 2012: $5,031Net Assets 2012: $36,5822012Assets 2013: $34,222Liabilities 2013: $20,298Net Assets 2013: $13,9242013Assets 2014: $54,175Liabilities 2014: $7,404Net Assets 2014: $46,7712014Assets 2015: $49,779Liabilities 2015: $2,688Net Assets 2015: $47,0912015Assets 2016: $33,024Liabilities 2016: $5,057Net Assets 2016: $27,9672016Assets 2017: $57,411Liabilities 2017: $4,133Net Assets 2017: $53,2782017Assets 2018: $74,082Liabilities 2018: $8,890Net Assets 2018: $65,1922018Assets 2019: $57,100Liabilities 2019: $2,071Net Assets 2019: $55,0292019Assets 2020: $108,778Liabilities 2020: $5,623Net Assets 2020: $103,1552020Assets 2021: $91,190Liabilities 2021: $8,292Net Assets 2021: $82,8982021Assets 2022: $115,299Liabilities 2022: $24,447Net Assets 2022: $90,8522022Assets 2023: $108,899Liabilities 2023: $6,716Net Assets 2023: $102,1832023Assets 2024: $113,915Liabilities 2024: $7,678Net Assets 2024: $106,2372024

Highlighted filing

2015

Assets$49,779
Liabilities$2,688
Net Assets$47,091

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $279,174Expenses 2011: $261,364Net Income 2011: $17,8102011Expenses 2012: $245,8132012Revenue 2013: $269,676Expenses 2013: $292,334Net Income 2013: -$22,6582013Revenue 2014: $288,801Expenses 2014: $255,954Net Income 2014: $32,8472014Revenue 2015: $294,986Expenses 2015: $294,666Net Income 2015: $3202015Revenue 2016: $306,219Expenses 2016: $307,900Net Income 2016: -$1,6812016Revenue 2017: $403,968Expenses 2017: $378,657Net Income 2017: $25,3112017Revenue 2018: $437,745Expenses 2018: $443,231Net Income 2018: -$5,4862018Revenue 2019: $496,918Expenses 2019: $507,081Net Income 2019: -$10,1632019Revenue 2020: $523,550Expenses 2020: $475,424Net Income 2020: $48,1262020Revenue 2021: $349,238Expenses 2021: $396,356Net Income 2021: -$47,1182021Revenue 2022: $531,571Expenses 2022: $523,617Net Income 2022: $7,9542022Revenue 2023: $502,882Expenses 2023: $491,551Net Income 2023: $11,3312023Revenue 2024: $503,467Expenses 2024: $499,413Net Income 2024: $4,0542024

Highlighted filing

2015

Revenue$294,986
Expenses$294,666
Net Income$320
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 6, 2016
Return Version
2015v2.1
Gross Receipts
$295,095
Mission and Program Overview

Mission

To create positive economic growth and development on the Kitsap Peninsula by effectively marketing the area as a world-class visitor destination. Through effectively promoting and supporting tourism, the organization helps small businesses and promotes a better quality of life.

To create positive economic growth and development on the kitsap peninsula by effectively marketing the area as a world-class visitor destination.through effectively promoting and supporting tourism, the organization helps small businesses and promotes a better quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$31,454$24,240▼ $7,214
Rtn Earn Endowment Incm Other Fnds$23,793$24,113▲ $320
Cap Stk Tr Prin Current Funds$22,978$22,978→ $0
Cash and Non-Interest-Bearing Accounts$20,434$22,430▲ $1,996
Land, Buildings, and Equipment, Net$1,237$2,059▲ $822
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$54,175$49,779▼ $4,396
Other Assets Total$1,050$1,050→ $0
Liabilities
Accounts Payable and Accrued Expenses$7,404$2,688▼ $4,716
Total Liabilities$7,404$2,688▼ $4,716
Net Assets / Fund Balance
Total Net Assets Fund Balance$46,771$47,091▲ $320
Total Liabilities and Net Assets / Fund Balance$54,175$49,779▼ $4,396

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,059$16,567$18,626
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steven GearPresident
Terri DouglasFirst Vice President
Arne BakkerSecond Vice President
Christine StansberyDirector
Cynthia MoraDirector
David BrumsickleDirector
Jack EdwardsDirector
Monica DownenDirector
Robert BloomDirector
Sandra StokesDirector
Diane RobinsonSecretary
John KuntzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$32,540
Program Service Revenue
$262,555
Investment Income
$-109
Other Revenue
$0
All Other Contributions
$27,707
Change in Net Assets
$320
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$198,139
Salaries, Compensation, and Employee Benefits$96,527
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$118,082--$118,082
Other Salaries and Wages$81,000--$81,000
Fees for Services Other$13,930--$13,930
Conferences and Meetings$12,546--$12,546
Travel$10,877--$10,877
Payroll Taxes$9,527--$9,527
Occupancy$7,238--$7,238
Other Employee Benefits$6,000--$6,000
Fees for Services Accounting$5,575--$5,575
Office Expenses$3,119--$3,119
Depreciation Depletion$2,787--$2,787
Other Expenses$2,721--$2,721
Insurance$1,393--$1,393
All Other Expenses$1,027--$1,027
Total Functional Expenses$294,666$0$0$294,666
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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

The governing body was provided a copy of form 990 for review including opportunities for any comments or questions to be presented and answered before filing.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are kept in the organization's office at 9481 silverdale way nw ste 281, silverdale, wa 98383. The organization makes their documents available to the public upon request. Additional information is available on the organization's website: www.visitkitsap.com

Filing and Contact Details

Filer

Filer Name
Kitsap Peninsula Visitor
EIN
91-1146544
Phone
3609080088
Address
9481 SILVERDALE WAY NW NO 281, SILVERDALE, WA 98383

Signing Officer

Name
Sharon Shrader
Title
Treasurer
Phone
3609080088
Signed
2016-05-06
Discuss with paid preparer
Yes

Organization Details

Formed
1981
Legal Domicile
Wa
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
0

Preparer

Firm
Hearthstone CPA Group
Address
4312 KITSAP WAY SUITE 102, BREMERTON, WA 98312
Preparer
Mike Lind CPA
Phone
3604794611
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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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1FIRST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECOND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/PYProgramServiceRevenueAmt0246188
IRS990/PYRevenuesLessExpensesAmt032847
IRS990/PYSalariesCompEmpBnftPaidAmt0117005
IRS990/PYTotalExpensesAmt0255954
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0288801
IRS990/ReconcilationRevenueExpnssAmt0320
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt023793
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt024113
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt02059
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016567
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018626
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02059
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BODY WAS PROVIDED A COPY OF FORM 990 FOR REVIEW INCLUDING OPPORTUNITIES FOR ANY COMMENTS OR QUESTIONS TO BE PRESENTED AND ANSWERED BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE KEPT IN THE ORGANIZATION'S OFFICE AT 9481 SILVERDALE WAY NW STE 281, SILVERDALE, WA 98383. THE ORGANIZATION MAKES THEIR DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONAL INFORMATION IS AVAILABLE ON THE ORGANIZATION'S WEBSITE: WWW.VISITKITSAP.COM
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt054175
IRS990/TotalAssetsEOYAmt049779
IRS990/TotalAssetsGrp/BOYAmt054175
IRS990/TotalAssetsGrp/EOYAmt049779
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt032540
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0294666
IRS990/TotalFunctionalExpensesGrp/TotalAmt0294666
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07404
IRS990/TotalLiabilitiesEOYAmt02688
IRS990/TotalLiabilitiesGrp/BOYAmt07404
IRS990/TotalLiabilitiesGrp/EOYAmt02688
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt046771
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt047091
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0294666
IRS990/TotalProgramServiceRevenueAmt0262555
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0262446
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0294986
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt054175
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt049779
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt010877
IRS990/TravelGrp/TotalAmt010877
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09481 SILVERDALE WAY NW NO 281
IRS990/USAddress/CityNm0SILVERDALE
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098383
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.VISITKITSAP.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SHARON SHRADER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03609080088
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KITSAP PENINSULA VISITOR
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0& CONVENTION BUREAU
ReturnHeader/Filer/BusinessNameControlTxt0KITS
ReturnHeader/Filer/EIN0911146544
ReturnHeader/Filer/PhoneNum03609080088
ReturnHeader/Filer/USAddress/AddressLine1Txt09481 SILVERDALE WAY NW NO 281
ReturnHeader/Filer/USAddress/CityNm0SILVERDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd098383
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911397083
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HEARTHSTONE CPA GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04312 KITSAP WAY SUITE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BREMERTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd098312
ReturnHeader/PreparerPersonGrp/PhoneNum03604794611
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MIKE LIND CPA
ReturnHeader/ReturnTs02016-05-11T16:52:30-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.08$1.06$5.03$4.99$0.04
2023Summary only. Only limited summary data is available for this year.$1.09$0.07$1.02$5.03$4.92$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.24$0.91$5.32$5.24$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.08$0.83$3.49$3.96$0.47
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.06$1.03$5.24$4.75$0.48
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.02$0.55$4.97$5.07$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.09$0.65$4.38$4.43$0.05
2017Summary only. Only limited summary data is available for this year.$0.57$0.04$0.53$4.04$3.79$0.25
2016Summary only. Only limited summary data is available for this year.$0.33$0.05$0.28$3.06$3.08$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.03$0.47$2.95$2.95$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.07$0.47$2.89$2.56$0.33
2013Detailed filing. Detailed filing data is available for this year.$0.34$0.20$0.14$2.70$2.92$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.05$0.37$2.46
2011Summary only. Only limited summary data is available for this year.$0.48$0.11$0.37$2.79$2.61$0.18