Lorain County Visitor's Bureau Inc

EIN: 341408049

Amherst, OH

Total Revenue
$735,531
Total Expenses
$405,467
Total Assets
$1,528,753
Net Assets
$552,719
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
OH
Principal Officer
PATRICK METZGER
Phone
4409845282
Tax Period
2018-01-01 to 2018-12-31

Lorain County Visitor's Bureau Inc, founded in 1987, is a small nonprofit that reported $736K in total revenue in fiscal year 2018. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $330K, a strong 45% operating margin.

Mission

TO PROMOTE TRAVEL AND TOURISM IN LORAIN COUNTY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $703,125
Investment Income $0
Other Revenue $32,406
TOTAL REVENUE $735,531

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $405,467
TOTAL EXPENSES $405,467

Year-over-Year Comparison

2018 2017 Change
Revenue $735,531 $779,678 -0.1%
Expenses $405,467 $509,022 -0.2%
Net Income $330,064 $270,656 +0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERRY GOOD BOARD MEMBER 001.00
Director
$0 $0 $0
PATRICK METZGER PRESIDENT 001.00
Officer
$0 $0 $0
DON ROMANCAK VICE PRESIDENT 001.00
Officer
$0 $0 $0
KAREN DAVIS SECRETARY 001.00
Officer
$0 $0 $0
LISA HOBART TREASURER 001.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $735,531 $405,467 $1,528,753 $330,064
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