Aberdeen Area Convention And Visitors Bureau
EIN: 460422304 · Aberdeen, SD
| Metric | Value |
|---|---|
| Total Revenue | $847K |
| Total Expenses | $792K |
| Net Assets | $462K |
Is Aberdeen Area Convention And Visitors Bureau Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Aberdeen Area Convention And Visitors Bureau
Aberdeen Area Convention And Visitors Bureau (EIN: 460422304) is a nonprofit organization based in Aberdeen, SD. The organization reported total revenue of $847K and total assets of $727K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aberdeen Area Convention And Visitors Bureau's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aberdeen Area Convention And Visitors Bureau is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $829K |
| Total Expenses | $792K |
| Surplus / Deficit | +$37K |
| Total Assets | $677K |
| Total Liabilities | $215K |
| Net Assets | $462K |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 31.7% |
| Months of Reserves | 10.3 months |
Financial Health Grade: A
In 2023, Aberdeen Area Convention And Visitors Bureau reported a surplus of $37K with revenue exceeding expenses, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 31.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Aberdeen Area Convention And Visitors Bureau's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | -1.8% | +4.6% |
| 2022 | +3.3% | +6.8% | +38.1% |
| 2021 | -9.8% | -4.7% | +5.6% |
| 2020 | +9.4% | +10.6% | +10.8% |
| 2019 | +0.8% | -3.6% | +18.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Aberdeen Area Convention And Visitors Bureau has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aberdeen Area Convention And Visitors Bureau with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.7%.
Frequently Asked Questions about Aberdeen Area Convention And Visitors Bureau
Is Aberdeen Area Convention And Visitors Bureau a legitimate charity?
Aberdeen Area Convention And Visitors Bureau (EIN: 460422304) is a registered tax-exempt nonprofit based in South Dakota. It has 13 years of IRS 990 filings on record. Total revenue: $847K. No red flags identified. Financial health grade: A.
How does Aberdeen Area Convention And Visitors Bureau spend its money?
Aberdeen Area Convention And Visitors Bureau reported $847K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Aberdeen Area Convention And Visitors Bureau tax-deductible?
Aberdeen Area Convention And Visitors Bureau is registered as a tax-exempt nonprofit (EIN: 460422304). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Aberdeen Area Convention And Visitors Bureau located?
Aberdeen Area Convention And Visitors Bureau is headquartered in Aberdeen, South Dakota and files with the IRS under EIN 460422304.
How many years of IRS 990 filings does Aberdeen Area Convention And Visitors Bureau have?
Aberdeen Area Convention And Visitors Bureau has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $847K in total revenue.
Filing History
IRS 990 filing history for Aberdeen Area Convention And Visitors Bureau showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Aberdeen Area Convention And Visitors Bureau's revenue has grown by 10.8%, moving from $748K to $829K. Total assets increased by 271.7% over the same period, from $182K to $677K. Total functional expenses rose by 8.7%, from $728K to $792K. In its most recent filing year (2023), Aberdeen Area Convention And Visitors Bureau reported a surplus of $37K, with revenue exceeding expenses. The organization holds $215K in liabilities against $677K in assets (debt-to-asset ratio: 31.7%), resulting in net assets of $462K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $829K | $792K | $677K | $215K | — | — |
| 2022 | $786K | $806K | $647K | $222K | — | — |
| 2021 | $761K | $755K | $469K | $24K | — | View 990 |
| 2020 | $844K | $792K | $444K | $5K | — | — |
| 2019 | $772K | $716K | $400K | $13K | — | View 990 |
| 2018 | $765K | $743K | $337K | $5K | — | View 990 |
| 2017 | $764K | $693K | $315K | $5K | — | View 990 |
| 2016 | $762K | $697K | $254K | $16K | — | View 990 |
| 2015 | $760K | $814K | $215K | $42K | — | View 990 |
| 2014 | $772K | $775K | $276K | $49K | — | View 990 |
| 2013 | $749K | $698K | $239K | $9K | — | View 990 |
| 2012 | $752K | $729K | $194K | $14K | — | View 990 |
| 2011 | $748K | $728K | $182K | $25K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $829K, expenses of $792K, and assets of $677K (revenue +5.4% year-over-year).
- 2022: Revenue of $786K, expenses of $806K, and assets of $647K (revenue +3.3% year-over-year).
- 2021: Revenue of $761K, expenses of $755K, and assets of $469K (revenue -9.8% year-over-year).
- 2020: Revenue of $844K, expenses of $792K, and assets of $444K (revenue +9.4% year-over-year).
- 2019: Revenue of $772K, expenses of $716K, and assets of $400K (revenue +0.8% year-over-year).
- 2018: Revenue of $765K, expenses of $743K, and assets of $337K (revenue +0.1% year-over-year).
- 2017: Revenue of $764K, expenses of $693K, and assets of $315K (revenue +0.3% year-over-year).
- 2016: Revenue of $762K, expenses of $697K, and assets of $254K (revenue +0.3% year-over-year).
- 2015: Revenue of $760K, expenses of $814K, and assets of $215K (revenue -1.5% year-over-year).
- 2014: Revenue of $772K, expenses of $775K, and assets of $276K (revenue +3.1% year-over-year).
- 2013: Revenue of $749K, expenses of $698K, and assets of $239K (revenue -0.5% year-over-year).
- 2012: Revenue of $752K, expenses of $729K, and assets of $194K (revenue +0.5% year-over-year).
- 2011: Revenue of $748K, expenses of $728K, and assets of $182K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aberdeen Area Convention And Visitors Bureau:
Data Sources and Methodology
This transparency report for Aberdeen Area Convention And Visitors Bureau is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.