Whitefish Convention And Visitorbureau Inc

Whitefish Convention And Visitorbureau Inc maintains strong financial health with zero reported officer compensation.

EIN: 204933448 · Whitefish, MT · NTEE: S41 · Updated: 2026-03-28

$1.1MRevenue
$1.2MAssets
90/100Mission Score (Excellent)
S41
Whitefish Convention And Visitorbureau Inc Financial Summary
MetricValue
Total Revenue$1.1M
Total Expenses$1.1M
Program Spending85%
Net Assets$1.2M
Transparency Score90/100

Is Whitefish Convention And Visitorbureau Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Whitefish Convention And Visitorbureau Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Whitefish Convention And Visitorbureau Inc

Whitefish Convention And Visitorbureau Inc (EIN: 204933448) is a nonprofit organization based in Whitefish, MT, classified under NTEE code S41. The organization reported total revenue of $1.1M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Whitefish Convention And Visitorbureau Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Whitefish Convention And Visitorbureau Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 11.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.2M
Total Expenses$1.1M
Surplus / Deficit+$89K
Total Assets$1.2M
Total Liabilities$28K
Net Assets$1.2M
Operating Margin7.6%
Debt-to-Asset Ratio2.4%
Months of Reserves13.0 months

Financial Health Grade: A

In 2023, Whitefish Convention And Visitorbureau Inc reported a surplus of $89K with revenue exceeding expenses, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).

Financial Trends

Over 13 years of filings (2010–2023), Whitefish Convention And Visitorbureau Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+108.5%+70.3%+10.6%
2022-51.6%-25.1%-5.7%
2021+14.1%+8.1%+15.2%
2020+7.9%-9.7%+64.7%
2019+42.4%+47.7%+11.0%

IRS Tax-Exempt Classification

IRS Classification Codes3000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Whitefish Convention And Visitorbureau Inc demonstrates consistent financial health with a strong asset base relative to its liabilities. In the latest filing (202306), the organization reported assets of $1,179,408 against liabilities of only $27,802, indicating a very healthy financial position. Revenue has shown significant fluctuations, with a notable increase to $1,176,808 in 202306 from $564,388 in 202206, suggesting variability in funding or operational activities. The organization consistently spends less than its revenue, as seen in 202306 where expenses were $1,087,724 against $1,176,808 in revenue, allowing for asset growth. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean executive structure, which is a positive indicator for donor confidence regarding administrative overhead. Spending efficiency appears strong, with expenses generally well-managed relative to revenue. The organization's primary function, as indicated by its NTEE code S41 (Tourism, Convention & Visitors Bureaus), inherently involves significant program spending on marketing and promotion. Without a detailed breakdown of program vs. administrative vs. fundraising expenses from the provided data, a precise efficiency ratio cannot be calculated. However, the consistent positive net income (revenue exceeding expenses) across most years, such as $89,084 in 202306, indicates sound financial management. The organization's transparency is bolstered by its consistent IRS 990 filings and the clear reporting of zero officer compensation, which is a strong positive for public trust.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Whitefish Convention And Visitorbureau Inc with a Mission Score of 90 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, Whitefish Convention And Visitorbureau Inc 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$1.2MTotal Revenue
$1.1MTotal Expenses
$1.2MTotal Assets
$28KTotal Liabilities
$1.2MNet Assets
  • The organization reported a surplus of $89K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 2.4%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for minimizing administrative overhead.

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.

Strengths

The following positive indicators were identified for Whitefish Convention And Visitorbureau Inc:

  • Consistent positive net income (revenue exceeding expenses) in most periods, such as $89,084 in 202306.
  • Zero reported officer compensation across all filings, indicating efficient use of funds for mission-related activities.
  • Strong asset growth over time, from $238,159 in 201312 to $1,179,408 in 202306.
  • Very low liabilities relative to assets, with liabilities of $27,802 against assets of $1,179,408 in 202306, indicating strong financial solvency.
  • Consistent IRS 990 filing history, demonstrating transparency and compliance.

Frequently Asked Questions about Whitefish Convention And Visitorbureau Inc

Is Whitefish Convention And Visitorbureau Inc a legitimate charity?

Whitefish Convention And Visitorbureau Inc (EIN: 204933448) is a registered tax-exempt nonprofit based in Montana. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Whitefish Convention And Visitorbureau Inc spend its money?

Whitefish Convention And Visitorbureau Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Whitefish Convention And Visitorbureau Inc tax-deductible?

Whitefish Convention And Visitorbureau Inc is registered as a tax-exempt nonprofit (EIN: 204933448). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Whitefish Convention And Visitorbureau Inc's spending goes to programs?

Whitefish Convention And Visitorbureau Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Whitefish Convention And Visitorbureau Inc compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Whitefish Convention And Visitorbureau 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 Whitefish Convention And Visitorbureau Inc located?

Whitefish Convention And Visitorbureau Inc is headquartered in Whitefish, Montana and files with the IRS under EIN 204933448. It is classified under NTEE code S41.

How many years of IRS 990 filings does Whitefish Convention And Visitorbureau Inc have?

Whitefish Convention And Visitorbureau Inc 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 $1.1M in total revenue.

Is Whitefish Convention And Visitorbureau Inc financially stable?

Yes, the organization is financially stable. In the 202306 period, assets were $1,179,408 against liabilities of $27,802, and revenue ($1,176,808) exceeded expenses ($1,087,724), indicating a healthy financial position and positive net income.

How does Whitefish Convention And Visitorbureau Inc manage executive compensation?

The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-driven leadership or very low executive overhead.

Has the organization's revenue been consistent?

No, the organization's revenue has shown significant fluctuations, for example, increasing from $564,388 in 202206 to $1,176,808 in 202306, and previously from $664,919 in 201812 to $946,736 in 201912.

What is the trend in the organization's assets?

The organization's assets have shown a consistent upward trend over the years, growing from $238,159 in 201312 to $1,179,408 in 202306, indicating strong financial growth and accumulation of resources.

Filing History

IRS 990 filing history for Whitefish Convention And Visitorbureau Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2010–2023), Whitefish Convention And Visitorbureau Inc's revenue has grown by 307.4%, moving from $289K to $1.2M. Total assets increased by 560.4% over the same period, from $179K to $1.2M. Total functional expenses rose by 336.6%, from $249K to $1.1M. In its most recent filing year (2023), Whitefish Convention And Visitorbureau Inc reported a surplus of $89K, with revenue exceeding expenses. The organization holds $28K in liabilities against $1.2M in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $1.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.2M $1.1M $1.2M $28K View 990
2022 $564K $639K $1.1M $4K View 990
2021 $1.2M $852K $1.1M $4K
2020 $1.0M $788K $982K $168K
2019 $947K $873K $597K $15K View 990
2018 $665K $591K $537K $16K View 990
2016 $600K $435K $460K $12K View 990
2015 $511K $525K $295K $13K View 990
2014 $552K $493K $313K $17K View 990
2013 $522K $441K $238K $1K View 990
2012 $425K $450K $158K $1K View 990
2011 $371K $367K $182K $1K View 990
2010 $289K $249K $179K $1K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.2M, expenses of $1.1M, and assets of $1.2M (revenue +108.5% year-over-year).
  • 2022: Revenue of $564K, expenses of $639K, and assets of $1.1M (revenue -51.6% year-over-year).
  • 2021: Revenue of $1.2M, expenses of $852K, and assets of $1.1M (revenue +14.1% year-over-year).
  • 2020: Revenue of $1.0M, expenses of $788K, and assets of $982K (revenue +7.9% year-over-year).
  • 2019: Revenue of $947K, expenses of $873K, and assets of $597K (revenue +42.4% year-over-year).
  • 2018: Revenue of $665K, expenses of $591K, and assets of $537K (revenue +10.9% year-over-year).
  • 2016: Revenue of $600K, expenses of $435K, and assets of $460K (revenue +17.3% year-over-year).
  • 2015: Revenue of $511K, expenses of $525K, and assets of $295K (revenue -7.4% year-over-year).
  • 2014: Revenue of $552K, expenses of $493K, and assets of $313K (revenue +5.8% year-over-year).
  • 2013: Revenue of $522K, expenses of $441K, and assets of $238K (revenue +22.7% year-over-year).
  • 2012: Revenue of $425K, expenses of $450K, and assets of $158K (revenue +14.6% year-over-year).
  • 2011: Revenue of $371K, expenses of $367K, and assets of $182K (revenue +28.4% year-over-year).
  • 2010: Revenue of $289K, expenses of $249K, and assets of $179K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Whitefish Convention And Visitorbureau Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2010 Filing

Data Sources and Methodology

This transparency report for Whitefish Convention And Visitorbureau 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.

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