Bloomington Normal Area Convention And Visitors Bureau
EIN: 331037577 · Bloomington, IL · NTEE: S41
Is Bloomington Normal 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 Bloomington Normal Area Convention And Visitors Bureau
Bloomington Normal Area Convention And Visitors Bureau (EIN: 331037577) is a nonprofit organization based in Bloomington, IL, classified under NTEE code S41. The organization reported total revenue of $1.5M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bloomington Normal Area Convention And Visitors Bureau's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Bloomington Normal 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 Bloomington Normal 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.
Frequently Asked Questions about Bloomington Normal Area Convention And Visitors Bureau
Is Bloomington Normal Area Convention And Visitors Bureau a legitimate charity?
Based on AI analysis of IRS 990 filings, Bloomington Normal Area Convention And Visitors Bureau (EIN: 331037577) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bloomington Normal Area Convention And Visitors Bureau spend its money?
Detailed spending breakdown data is not yet available for Bloomington Normal Area Convention And Visitors Bureau. Check back for updated IRS 990 analysis.
Are donations to Bloomington Normal Area Convention And Visitors Bureau tax-deductible?
Bloomington Normal Area Convention And Visitors Bureau is registered as a tax-exempt nonprofit (EIN: 331037577). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Bloomington Normal Area Convention And Visitors Bureau showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Bloomington Normal Area Convention And Visitors Bureau's revenue has grown by 20.3%, moving from $1.2M to $1.4M. Total assets increased by 59.8% over the same period, from $1.7M to $2.6M. Total functional expenses rose by 31.3%, from $1.1M to $1.4M. In its most recent filing year (2023), Bloomington Normal Area Convention And Visitors Bureau reported a surplus of $11K, with revenue exceeding expenses. The organization holds $385K in liabilities against $2.6M in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.4M | $2.6M | $385K | — | View 990 |
| 2022 | $969K | $992K | $2.3M | $42K | — | View 990 |
| 2021 | $759K | $736K | $2.3M | $41K | — | View 990 |
| 2020 | $1.0M | $1.0M | $2.3M | $25K | — | View 990 |
| 2019 | $1.2M | $1.2M | $2.4M | $77K | — | View 990 |
| 2018 | $1.2M | $1.2M | $2.3M | $120K | — | View 990 |
| 2017 | $1.3M | $1.2M | $2.3M | $77K | — | View 990 |
| 2016 | $1.3M | $1.2M | $2.2M | $52K | — | View 990 |
| 2015 | $1.5M | $1.4M | $2.2M | $97K | — | View 990 |
| 2014 | $1.3M | $1.2M | $2.0M | $71K | — | View 990 |
| 2013 | $1.3M | $1.2M | $1.8M | $40K | — | View 990 |
| 2012 | $1.2M | $1.1M | $1.7M | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.4M, and assets of $2.6M (revenue +49.6% year-over-year).
- 2022: Revenue of $969K, expenses of $992K, and assets of $2.3M (revenue +27.7% year-over-year).
- 2021: Revenue of $759K, expenses of $736K, and assets of $2.3M (revenue -24.2% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.0M, and assets of $2.3M (revenue -19.3% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $2.4M (revenue +0.1% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $2.3M (revenue -3.0% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $2.3M (revenue +1.5% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $2.2M (revenue -16.4% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.4M, and assets of $2.2M (revenue +17.0% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.2M, and assets of $2.0M (revenue -1.4% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.2M, and assets of $1.8M (revenue +8.4% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.1M, and assets of $1.7M.
Data Sources and Methodology
This transparency report for Bloomington Normal 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.