City of Williamson Visitor's & Convention Bureau Inc

Nonprofit profile at a glance

EIN
271396258
IRS 990-EZ coverage
2014–2018
Forms available
Form 990-EZ 2018
Location
Williamson, WV, USA
Rating confidence
Limited
Sector
Economic Development

Reported finances

Revenue
$26,587
Expenses
$19,797
Assets
$6,790

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • AMBER SMITH (BOARD MEMBER)
  • DAVID HATFIELD (BOARD MEMBER)
  • DOYLE VANMETER (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Operation of a visitor's and convention bureau in order to promote tourism and economic development in the city of williamson, including the transaction of any or all lawful business for which corporations may be incorporated in wevt Virginia. The bureau educates the community and visitors to the community through events, especially fairs and festivals, as well as holiday celebrations. The bureau designs and distributes brochures of the local area to educate individuals about the tug valley area. Through the brochures, fairs, and festivals the bureau provides instruction and training of indivduals regarding the appalachian area.

What it reported doing in 2018

Operation of a visitor's and convention bureau in order to promote tourism and economic development in the city of williamson, including the transaction of any or all lawful business for which corporations may be incorporated in West Virginia.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 51
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 25.5%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 0.34; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 9% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 14.6% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 5 filing years from 2014 to 2018
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.