Civic Intelligence

Kitsap Peninsula Visitor & Convention Bureau

990 • Fiscal year 2016 • EIN 91-1146544

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

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

78th percentile

0.15x

Higher debt load relative to assets than 78% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

61st percentile

0.02x

Higher debt load relative to revenue than 61% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

40th percentile

-0.5%

Higher net margin than 40% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

95th percentile

$90,000

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 29.4% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

9th percentile

-34%

Faster asset growth than 9% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

57th percentile

3.8%

Faster revenue growth than 57% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Flat

$33,024

Flat from 2016

Net Assets

Flat

$27,967

Flat from 2016

Liabilities

Flat

$5,057

Flat from 2016

Revenue

Flat

$306,219

Flat from 2016

Expenses

Flat

$307,900

Flat from 2016

Net Income

Flat

-$1,681

Flat from 2016

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 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

2016

Assets$33,024
Liabilities$5,057
Net Assets$27,967

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 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

2016

Revenue$306,219
Expenses$307,900
Net Income-$1,681
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$306,219
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$24,240$23,899▼ $341
Cap Stk Tr Prin Current Funds$22,978$22,978→ $0
Cash and Non-Interest-Bearing Accounts$22,430$6,840▼ $15,590
Rtn Earn Endowment Incm Other Fnds$24,113$4,989▼ $19,124
Land, Buildings, and Equipment, Net$2,059$1,235▼ $824
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$49,779$33,024▼ $16,755
Other Assets Total$1,050$1,050→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,688$5,057▲ $2,369
Total Liabilities$2,688$5,057▲ $2,369
Net Assets / Fund Balance
Total Net Assets Fund Balance$47,091$27,967▼ $19,124
Total Liabilities and Net Assets / Fund Balance$49,779$33,024▼ $16,755

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,235$17,391$18,626
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Patricia Graf-hokeExecutive DirectorFT$90,000$90,000

Board Members and Trustees

NameTitle
Steven GearPresident
Terri DouglasFirst Vice President
Arne BakkerSecond Vice President
Christine StansberyDirector
Cynthia MoraDirector
Daryl MathenyDirector
David BrumsickleDirector
Donna EtchyDirector
Ian R HayDirector
Jack EdwardsDirector
Kirk EdwardsDirector
Monica DownenDirector
Robert BloomDirector
Russle SteeleDirector
Diane RobinsonSecretary
John KuntzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$54,802
Program Service Revenue
$251,417
Investment Income
$0
Other Revenue
$0
All Other Contributions
$42,081
Change in Net Assets
$-1,681
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$209,491
Salaries, Compensation, and Employee Benefits$98,409
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$158,751--$158,751
Other Salaries and Wages$90,000--$90,000
Payroll Taxes$8,409--$8,409
Occupancy$7,363--$7,363
Travel$5,010--$5,010
Fees for Services Accounting$3,980--$3,980
Conferences and Meetings$3,906--$3,906
Office Expenses$3,864--$3,864
Other Expenses$3,420--$3,420
All Other Expenses$2,642--$2,642
Insurance$1,325--$1,325
Depreciation Depletion$825--$825
Total Functional Expenses$307,900$0$0$307,900
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 11B

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
David Brumsickle
Title
Treasurer
Phone
3609080088
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1981
Legal Domicile
Wa
Voting Board Members
16
Independent Board Members
16
Employees
1
Volunteers
0

Preparer

Firm
Hearthstone CPA Group Ps
Address
4312 KITSAP WAY SUITE 102, BREMERTON, WA 98312
Preparer
Mike Lind CPA
Phone
3604794611
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IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt07713
IRS990/OtherExpensesGrp/ProgramServicesAmt15422
IRS990/OtherExpensesGrp/ProgramServicesAmt25270
IRS990/OtherExpensesGrp/ProgramServicesAmt33420
IRS990/OtherExpensesGrp/TotalAmt07713
IRS990/OtherExpensesGrp/TotalAmt15422
IRS990/OtherExpensesGrp/TotalAmt25270
IRS990/OtherExpensesGrp/TotalAmt33420
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt090000
IRS990/OtherSalariesAndWagesGrp/TotalAmt090000
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt08409
IRS990/PayrollTaxesGrp/TotalAmt08409
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PriorPeriodAdjustmentsAmt0-17443
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/Desc0COUNTY AND CITY CONTRA
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0251417
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0251417
IRS990/ProgSrvcAccomActy2Grp/Desc0KITSAP PENINSULA VISITOR & CONVENTION CENTER BUREAU WORKED WITH AND ASSISTED NUMEROUS GROUPS THAT CAME TO KITSAP COUNTY FOR CONFERENCES, CONVENTIONS, WORKSHOPS, REUNIONS, ATHLETIC EVENTS, AND BUSINESS MEETINGS. KPVCB ALSO ASSISTED THE LOCAL CHAMBER OF COMMERCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0149149
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt032540
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-109
IRS990/PYOtherExpensesAmt0198139
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0262555
IRS990/PYRevenuesLessExpensesAmt0320
IRS990/PYSalariesCompEmpBnftPaidAmt096527
IRS990/PYTotalExpensesAmt0294666
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0294986
IRS990/ReconcilationRevenueExpnssAmt0-1681
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt024113
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04989
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01235
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017391
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018626
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01235
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 11B
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/TotalAssetsBOYAmt049779
IRS990/TotalAssetsEOYAmt033024
IRS990/TotalAssetsGrp/BOYAmt049779
IRS990/TotalAssetsGrp/EOYAmt033024
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt054802
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0307900
IRS990/TotalFunctionalExpensesGrp/TotalAmt0307900
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02688
IRS990/TotalLiabilitiesEOYAmt05057
IRS990/TotalLiabilitiesGrp/BOYAmt02688
IRS990/TotalLiabilitiesGrp/EOYAmt05057
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt047091
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt027967
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0307900
IRS990/TotalProgramServiceRevenueAmt0251417
IRS990/TotalReportableCompFromOrgAmt090000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0251417
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0306219
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt049779
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt033024
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt05010
IRS990/TravelGrp/TotalAmt05010
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09481 SILVERDALE WAY NW NO 281
IRS990/USAddress/CityNm0SILVERDALE
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd098383
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WebsiteAddressTxt0WWW.VISITKITSAP.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID BRUMSICKLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03609080088
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
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/FilingSecurityInformation/AtSubmissionCreationDeviceId0D38FD0335F6EF319E0CE456352FE291E89A83672
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D38FD0335F6EF319E0CE456352FE291E89A83672
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.160.251.33
ReturnHeader/FilingSecurityInformation/IPDt02017-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm011:52:17
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911397083
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HEARTHSTONE CPA GROUP PS
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/PreparationDt02017-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MIKE LIND CPA
ReturnHeader/ReturnTs02017-05-15T16:56:59-05:00

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
2016Detailed filing. Detailed filing data is available for this year.$0.33$0.05$0.28$3.06$3.08$0.02
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