Fairfax County Convention & Visitors Corporation

Nonprofit profile at a glance

EIN
364552990
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Fairfax, VA, USA
Phone
7037900643
Rating confidence
Limited
Sector
Economic Development

Official website

Reported finances

Revenue
$4,643,857
Expenses
$3,305,040
Assets
$3,426,557
Liabilities
$4,049,404

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

24 people listed

Executive titles in this filing

  • BARRY H BIGGAR (PRESIDENT/CEO-NON VOTING)

Highest reported compensation

  • BARRY H BIGGAR (PRESIDENT/CEO-NON VOTING): $308,358 total reported compensation
  • JACQUELINE FRANCHI (VP MARKETING AND SALES): $153,093 total reported compensation
  • ERIC KULCZYCKY (NATIONAL SALES MANAGER-SPORTS): $133,963 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Fairfax county convention & visitors corporation's purpose is to promote & market fairfax county as a convention & meeting site and a tourism destination.

What it reported doing in 2024

Fairfax county convention and visitors corporation is the official destination marketing organization for fairfax county, va. It is our mission to market, promote and sell fairfax county as a preferred destination to travel to and visit targeting business travelers, sports groups and leisure travelers, both independent and group. We do this by providing information on local, historical, cultural, shopping, culinary and recreational attractions as well as hotels. We do this to grow the economic contributions to the county and to enrich the quality of life for its residents.

Operating model

Revenue model
Earned-program. 97% of the money available for current operations came from fees and other program revenue.
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: 77
  • Accountability: 95
  • Sustainability: 52
  • Growth: 60

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 28.8%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 1.04; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 1.18; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 21.5%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 4.8% per year; rating input score 100; 40th percentile among comparable filings
  • Asset growth: 8.8% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 20 of 20 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $308K · 24 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $952K reported
  • Consistency: 14 of 14 current checks pass
  • Schedules: 3 filed schedules · includes executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • 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.

  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.