Putnam County Convention And Visitors Bureau
Putnam County Convention And Visitors Bureau shows consistent revenue growth and strong asset management with no reported officer compensation.
EIN: 200561519 · Hurricane, WV · NTEE: Y03 · Updated: 2026-03-28
Is Putnam County Convention And Visitors Bureau Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Putnam County Convention And Visitors Bureau directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Putnam County Convention And Visitors Bureau
Putnam County Convention And Visitors Bureau (EIN: 200561519) is a nonprofit organization based in Hurricane, WV, classified under NTEE code Y03. The organization reported total revenue of $249K and total assets of $233K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Putnam County Convention And Visitors Bureau's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Putnam County Convention And Visitors Bureau with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Putnam County Convention And Visitors Bureau allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size and suggests a volunteer-led or very lean executive structure.
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 Putnam County Convention And Visitors Bureau's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Expenses slightly exceeded revenue in the most recent period (202306), indicating a minor operating deficit.
Strengths
The following positive indicators were identified for Putnam County Convention And Visitors Bureau:
- Consistent revenue growth over the past decade, from $143,191 in 2014 to $226,235 in 2023.
- Strong asset growth and healthy asset-to-liability ratio, with assets of $241,906 and liabilities of $5,636 in 2023.
- No reported officer compensation, suggesting efficient use of funds for mission-related activities.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about Putnam County Convention And Visitors Bureau
Is Putnam County Convention And Visitors Bureau a legitimate charity?
Based on AI analysis of IRS 990 filings, Putnam County Convention And Visitors Bureau (EIN: 200561519) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Putnam County Convention And Visitors Bureau spend its money?
Putnam County Convention And Visitors Bureau directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Putnam County Convention And Visitors Bureau tax-deductible?
Putnam County Convention And Visitors Bureau is registered as a tax-exempt nonprofit (EIN: 200561519). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Putnam County Convention And Visitors Bureau manage to operate without any reported officer compensation?
The filings consistently show 0% officer compensation, which could mean that officers are volunteers, compensated through other means not classified as officer compensation, or that the organization relies heavily on contracted services or other staff not categorized as officers.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not include a detailed breakdown of expenses into program, administrative, and fundraising categories. This information would be necessary for a more precise assessment of spending efficiency.
What are the primary sources of revenue for the organization?
While total revenue is provided, the specific sources (e.g., grants, contributions, program service revenue) are not detailed in the provided summary. Understanding revenue streams would offer insight into funding stability.
Filing History
IRS 990 filing history for Putnam County Convention And Visitors Bureau showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Putnam County Convention And Visitors Bureau's revenue has grown by 39.1%, moving from $163K to $226K. Total assets increased by 286.2% over the same period, from $63K to $242K. Total functional expenses rose by 64.1%, from $141K to $231K. In its most recent filing year (2023), Putnam County Convention And Visitors Bureau reported a deficit of $5K, with expenses exceeding revenue. The organization holds $6K in liabilities against $242K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $236K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $226K | $231K | $242K | $6K | — | View 990 |
| 2022 | $196K | $186K | $189K | $161 | — | View 990 |
| 2021 | $135K | $125K | $179K | $165 | — | View 990 |
| 2020 | $171K | $150K | $168K | $134 | — | View 990 |
| 2019 | $172K | $163K | $147K | $119 | — | View 990 |
| 2018 | $161K | $137K | $138K | $173 | — | View 990 |
| 2017 | $158K | $144K | $114K | $193 | — | View 990 |
| 2016 | $135K | $130K | $100K | $43 | — | View 990 |
| 2015 | $138K | $112K | $95K | $137 | — | View 990 |
| 2014 | $143K | $136K | $70K | $19 | — | View 990 |
| 2013 | $163K | $141K | $63K | $19 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $226K, expenses of $231K, and assets of $242K (revenue +15.4% year-over-year).
- 2022: Revenue of $196K, expenses of $186K, and assets of $189K (revenue +45.1% year-over-year).
- 2021: Revenue of $135K, expenses of $125K, and assets of $179K (revenue -21.1% year-over-year).
- 2020: Revenue of $171K, expenses of $150K, and assets of $168K (revenue -0.3% year-over-year).
- 2019: Revenue of $172K, expenses of $163K, and assets of $147K (revenue +6.7% year-over-year).
- 2018: Revenue of $161K, expenses of $137K, and assets of $138K (revenue +2.0% year-over-year).
- 2017: Revenue of $158K, expenses of $144K, and assets of $114K (revenue +16.5% year-over-year).
- 2016: Revenue of $135K, expenses of $130K, and assets of $100K (revenue -1.6% year-over-year).
- 2015: Revenue of $138K, expenses of $112K, and assets of $95K (revenue -3.9% year-over-year).
- 2014: Revenue of $143K, expenses of $136K, and assets of $70K (revenue -12.0% year-over-year).
- 2013: Revenue of $163K, expenses of $141K, and assets of $63K.
Data Sources and Methodology
This transparency report for Putnam County 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.