MARSHFIELD CONVENTION & VISITORS BUREAU INC (EIN 462010960) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

AL CHANEY

Phone

7153844314

Tax Period

2024-01-01 to 2024-12-31

MARSHFIELD CONVENTION & VISITORS BUREAU INC, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $692K in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $181K, a strong 26% operating margin.

Mission

TO ATTRACT VISITORS TO MARSHFIELD THROUGH MARKETING, DEVELOPMENT OF ATTRACTIONS, AND EVENTS TO CREATE ECONOMIC IMPACT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $648,925

Program Service Revenue $0

Investment Income $27,652

Other Revenue $14,939

TOTAL REVENUE $691,516

Expense Breakdown

Grants Paid $64,323

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $446,006

TOTAL EXPENSES $510,329

Year-over-Year Comparison

	2024	2023	Change
Revenue	$691,516	$411,473	+0.7%
Expenses	$510,329	$410,109	+0.2%
Net Income	$181,187	$1,364	+131.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AL CHANEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
SCOTT KORAN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SCOTT BERG	SECRETARY	1.00	Officer Director	$0	$0	$0
CORY LATOURELL	TREASURER	1.00	Officer Director	$0	$0	$0
MIKE FEIRER	DIRECTOR	1.00	Director	$0	$0	$0
GARY CUMMINGS	DIRECTOR	1.00	Director	$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
2024	$691,516	$510,329	$866,616	$181,187
2023	$411,473	$410,109	$784,970	$1,364
2022	$648,940	$379,525	$703,146	$269,415
2021	$333,748	$321,472	$397,186	$12,276
2020	$523,873	$448,584	$365,664	$75,289
2019	$416,026	$470,294	$322,200	$-54,268
2018	$452,032	$447,110	$367,494	$4,922

MARSHFIELD CONVENTION & VISITORS BUREAU INC