Valley Forge Convention & Visitors Bureau Ltd
EIN: 232986440 · King Of Prussia, PA · NTEE: S41
Is Valley Forge Convention & Visitors Bureau Ltd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Valley Forge Convention & Visitors Bureau Ltd
Valley Forge Convention & Visitors Bureau Ltd (EIN: 232986440) is a nonprofit organization based in King Of Prussia, PA, classified under NTEE code S41. The organization reported total revenue of $11.6M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Valley Forge Convention & Visitors Bureau Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Valley Forge Convention & Visitors Bureau Ltd is a large nonprofit that has been operating for 25 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.2M |
| Total Expenses | $9.9M |
| Surplus / Deficit | +$377K |
| Total Assets | $7.6M |
| Total Liabilities | $2.4M |
| Net Assets | $5.2M |
| Operating Margin | 3.7% |
| Debt-to-Asset Ratio | 31.1% |
| Months of Reserves | 9.2 months |
Financial Health Grade: A
In 2023, Valley Forge Convention & Visitors Bureau Ltd reported a surplus of $377K with revenue exceeding expenses, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 31.1% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Valley Forge Convention & Visitors Bureau Ltd's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.9% | +12.9% | +27.8% |
| 2022 | -6.3% | +5.7% | +6.7% |
| 2021 | +115.2% | +59.3% | +16.9% |
| 2020 | -54.8% | -44.7% | -8.4% |
| 2019 | +1.5% | +5.7% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Valley Forge Convention & Visitors Bureau Ltd 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 Valley Forge Convention & Visitors Bureau Ltd 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 $377K, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.1%.
Frequently Asked Questions about Valley Forge Convention & Visitors Bureau Ltd
Is Valley Forge Convention & Visitors Bureau Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Valley Forge Convention & Visitors Bureau Ltd (EIN: 232986440) insufficient data. 0 red flags identified, 0 strengths noted.
How does Valley Forge Convention & Visitors Bureau Ltd spend its money?
Detailed spending breakdown data is not yet available for Valley Forge Convention & Visitors Bureau Ltd. Check back for updated IRS 990 analysis.
Are donations to Valley Forge Convention & Visitors Bureau Ltd tax-deductible?
Valley Forge Convention & Visitors Bureau Ltd is registered as a tax-exempt nonprofit (EIN: 232986440). 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 Valley Forge Convention & Visitors Bureau Ltd showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Valley Forge Convention & Visitors Bureau Ltd's revenue has grown by 180.5%, moving from $3.6M to $10.2M. Total assets increased by 324.3% over the same period, from $1.8M to $7.6M. Total functional expenses rose by 200%, from $3.3M to $9.9M. In its most recent filing year (2023), Valley Forge Convention & Visitors Bureau Ltd reported a surplus of $377K, with revenue exceeding expenses. The organization holds $2.4M in liabilities against $7.6M in assets (debt-to-asset ratio: 31.1%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.2M | $9.9M | $7.6M | $2.4M | — | — |
| 2022 | $8.8M | $8.7M | $5.9M | $1.1M | — | View 990 |
| 2021 | $9.3M | $8.3M | $5.6M | $756K | — | View 990 |
| 2020 | $4.3M | $5.2M | $4.8M | $1.0M | — | View 990 |
| 2019 | $9.6M | $9.4M | $5.2M | $601K | — | View 990 |
| 2018 | $9.5M | $8.9M | $5.1M | $708K | — | View 990 |
| 2017 | $4.6M | $3.9M | $4.3M | $516K | — | View 990 |
| 2017 | $7.0M | $6.0M | $3.6M | $496K | — | View 990 |
| 2016 | $4.7M | $4.9M | $2.6M | $435K | — | View 990 |
| 2015 | $4.2M | $4.4M | $2.6M | $339K | — | View 990 |
| 2014 | $4.1M | $3.7M | $3.1M | $619K | — | View 990 |
| 2013 | $4.1M | $3.6M | $2.6M | $536K | — | View 990 |
| 2012 | $3.7M | $3.4M | $2.1M | $488K | — | View 990 |
| 2011 | $3.6M | $3.3M | $1.8M | $483K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.2M, expenses of $9.9M, and assets of $7.6M (revenue +16.9% year-over-year).
- 2022: Revenue of $8.8M, expenses of $8.7M, and assets of $5.9M (revenue -6.3% year-over-year).
- 2021: Revenue of $9.3M, expenses of $8.3M, and assets of $5.6M (revenue +115.2% year-over-year).
- 2020: Revenue of $4.3M, expenses of $5.2M, and assets of $4.8M (revenue -54.8% year-over-year).
- 2019: Revenue of $9.6M, expenses of $9.4M, and assets of $5.2M (revenue +1.5% year-over-year).
- 2018: Revenue of $9.5M, expenses of $8.9M, and assets of $5.1M (revenue +107.5% year-over-year).
- 2017: Revenue of $4.6M, expenses of $3.9M, and assets of $4.3M (revenue -35.0% year-over-year).
- 2017: Revenue of $7.0M, expenses of $6.0M, and assets of $3.6M (revenue +49.7% year-over-year).
- 2016: Revenue of $4.7M, expenses of $4.9M, and assets of $2.6M (revenue +10.7% year-over-year).
- 2015: Revenue of $4.2M, expenses of $4.4M, and assets of $2.6M (revenue +2.8% year-over-year).
- 2014: Revenue of $4.1M, expenses of $3.7M, and assets of $3.1M (revenue +1.4% year-over-year).
- 2013: Revenue of $4.1M, expenses of $3.6M, and assets of $2.6M (revenue +9.7% year-over-year).
- 2012: Revenue of $3.7M, expenses of $3.4M, and assets of $2.1M (revenue +1.4% year-over-year).
- 2011: Revenue of $3.6M, expenses of $3.3M, and assets of $1.8M.
Data Sources and Methodology
This transparency report for Valley Forge Convention & Visitors Bureau Ltd 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.