Marion Grant County Convention Andvisitors Bureau Inc
Marion Grant County Convention Andvisitors Bureau Inc maintains stable operations with growing assets and minimal liabilities.
EIN: 205295987 · Marion, IN · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $575K |
| Total Expenses | $399K |
| Program Spending | 75% |
| Net Assets | $524K |
| Transparency Score | 75/100 |
Is Marion Grant County Convention Andvisitors Bureau Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marion Grant County Convention Andvisitors Bureau Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marion Grant County Convention Andvisitors Bureau Inc
Marion Grant County Convention Andvisitors Bureau Inc (EIN: 205295987) is a nonprofit organization based in Marion, IN, classified under NTEE code S41. The organization reported total revenue of $575K and total assets of $870K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marion Grant County Convention Andvisitors Bureau Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marion Grant County Convention Andvisitors Bureau Inc is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -4.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $355K |
| Total Expenses | $399K |
| Surplus / Deficit | $-44,068 |
| Total Assets | $526K |
| Total Liabilities | $2K |
| Net Assets | $524K |
| Operating Margin | -12.4% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 15.8 months |
Financial Health Grade: B
In 2022, Marion Grant County Convention Andvisitors Bureau Inc reported a deficit of $44K with expenses exceeding revenue, holds 15.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Marion Grant County Convention Andvisitors Bureau Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -8.1% | +8.7% | -7.8% |
| 2021 | +21.2% | -8.2% | +3.7% |
| 2020 | -32.8% | +16.5% | -12.8% |
| 2019 | +8.2% | +14.0% | +25.8% |
| 2018 | +12.6% | -23.2% | +37.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Marion Grant County Convention Andvisitors Bureau Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Marion Grant County Convention Andvisitors Bureau Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through other means not explicitly categorized as officer compensation, which could impact the clarity of leadership cost reporting.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Marion Grant County Convention Andvisitors Bureau Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Consistent reporting of 0% officer compensation without further explanation, potentially obscuring leadership costs
Strengths
The following positive indicators were identified for Marion Grant County Convention Andvisitors Bureau Inc:
- Consistent asset growth, from $364,887 in 2017 to $526,309 in 2022
- Very low liabilities, consistently under $3,000, indicating strong financial stability
- Stable revenue generation over a decade
- No reported officer compensation, suggesting efficient use of funds or volunteer leadership
Frequently Asked Questions about Marion Grant County Convention Andvisitors Bureau Inc
Is Marion Grant County Convention Andvisitors Bureau Inc a legitimate charity?
Marion Grant County Convention Andvisitors Bureau Inc (EIN: 205295987) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $575K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Marion Grant County Convention Andvisitors Bureau Inc spend its money?
Marion Grant County Convention Andvisitors Bureau Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Marion Grant County Convention Andvisitors Bureau Inc tax-deductible?
Marion Grant County Convention Andvisitors Bureau Inc is registered as a tax-exempt nonprofit (EIN: 205295987). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Marion Grant County Convention Andvisitors Bureau Inc's spending goes to programs?
Marion Grant County Convention Andvisitors Bureau Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Marion Grant County Convention Andvisitors Bureau Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Marion Grant County Convention Andvisitors Bureau Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Marion Grant County Convention Andvisitors Bureau Inc located?
Marion Grant County Convention Andvisitors Bureau Inc is headquartered in Marion, Indiana and files with the IRS under EIN 205295987. It is classified under NTEE code S41.
How many years of IRS 990 filings does Marion Grant County Convention Andvisitors Bureau Inc have?
Marion Grant County Convention Andvisitors Bureau Inc has 12 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 $575K in total revenue.
Is Marion Grant County Convention Andvisitors Bureau Inc financially stable?
Yes, the organization appears financially stable. Its assets have consistently grown, reaching $526,309 in 2022, and liabilities have remained very low, typically under $3,000, indicating strong financial health.
How has the organization's revenue trended over the past few years?
Revenue has fluctuated but generally remained stable, ranging from $318,435 in 2020 to $473,719 in 2019. The latest reported revenue is $354,998 for 2022.
Does the organization have significant debt?
No, the organization has very low liabilities, consistently under $3,000 across all reported periods, indicating minimal debt.
What is the trend in the organization's assets?
Assets have shown a positive growth trend, increasing from $364,887 in 2017 to $526,309 in 2022, demonstrating a healthy accumulation of resources.
Filing History
IRS 990 filing history for Marion Grant County Convention Andvisitors Bureau Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Marion Grant County Convention Andvisitors Bureau Inc's revenue has declined by 39.1%, moving from $583K to $355K. Total assets increased by 13.1% over the same period, from $465K to $526K. Total functional expenses rose by 41.7%, from $282K to $399K. In its most recent filing year (2022), Marion Grant County Convention Andvisitors Bureau Inc reported a deficit of $44K, with expenses exceeding revenue. The organization holds $2K in liabilities against $526K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $524K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $355K | $399K | $526K | $2K | — | — |
| 2021 | $386K | $367K | $571K | $3K | — | View 990 |
| 2020 | $318K | $400K | $551K | $2K | — | — |
| 2019 | $474K | $343K | $632K | $2K | — | View 990 |
| 2018 | $438K | $301K | $502K | $2K | — | View 990 |
| 2017 | $389K | $392K | $365K | $2K | — | View 990 |
| 2016 | $403K | $391K | $368K | $3K | — | View 990 |
| 2015 | $407K | $582K | $356K | $2K | — | View 990 |
| 2014 | $405K | $339K | $531K | $3K | — | View 990 |
| 2013 | $358K | $325K | $464K | $3K | — | View 990 |
| 2012 | $333K | $365K | $431K | $2K | — | View 990 |
| 2011 | $583K | $282K | $465K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $355K, expenses of $399K, and assets of $526K (revenue -8.1% year-over-year).
- 2021: Revenue of $386K, expenses of $367K, and assets of $571K (revenue +21.2% year-over-year).
- 2020: Revenue of $318K, expenses of $400K, and assets of $551K (revenue -32.8% year-over-year).
- 2019: Revenue of $474K, expenses of $343K, and assets of $632K (revenue +8.2% year-over-year).
- 2018: Revenue of $438K, expenses of $301K, and assets of $502K (revenue +12.6% year-over-year).
- 2017: Revenue of $389K, expenses of $392K, and assets of $365K (revenue -3.5% year-over-year).
- 2016: Revenue of $403K, expenses of $391K, and assets of $368K (revenue -1.1% year-over-year).
- 2015: Revenue of $407K, expenses of $582K, and assets of $356K (revenue +0.6% year-over-year).
- 2014: Revenue of $405K, expenses of $339K, and assets of $531K (revenue +13.1% year-over-year).
- 2013: Revenue of $358K, expenses of $325K, and assets of $464K (revenue +7.6% year-over-year).
- 2012: Revenue of $333K, expenses of $365K, and assets of $431K (revenue -42.9% year-over-year).
- 2011: Revenue of $583K, expenses of $282K, and assets of $465K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marion Grant County Convention Andvisitors Bureau Inc:
Data Sources and Methodology
This transparency report for Marion Grant County Convention Andvisitors Bureau Inc 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.