VILLA RICA CONVENTION & VISITORS BUREAU INC (EIN 813210605) - Form 990 Financial Analysis & Trantor Score

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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

2016

Legal Domicile

Principal Officer

CARL PEABODY

Phone

6788401441

Tax Period

2023-01-01 to 2023-12-31

VILLA RICA CONVENTION & VISITORS BUREAU INC, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $201K in total revenue in fiscal year 2023. The organization ran a surplus of $141K, a strong 70% operating margin.

Mission

VILLA RICA CONVENTION & VISITORS BUREAU WAS CREATED TO FILL A STATUTORY ROLE ASSOCIATED WITH THE COLLECTION OF AN EXCISE TAX ON HOTEL ROOMS IMPOSED BY THE CITY OF VILLA RICA. OCGA 48-13-51 REQUIRES FUNDS COLLECTED THROUGH THE HOTEL TAX BE DISTRIBUTED THROUGH A CONTRACT WITH A STATE OR LOCAL GOVERNMENTAL ENTITY OR A NON-PROFIT CORPORATION.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $203,458

Program Service Revenue $0

Investment Income $-2,000

Other Revenue $0

TOTAL REVENUE $201,458

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,368

Other Expenses $60,393

TOTAL EXPENSES $60,393

Year-over-Year Comparison

	2023	2022	Change
Revenue	$201,458	$202,805	0.0%
Expenses	$60,393	$204,086	-0.7%
Net Income	$141,065	$-1,281	-111.1%

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

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
NEVILLE BHADA	DIRECTOR	N/A	Director	$0	$0	$0
MELISSA GARRETT	SECRETARY	N/A	Officer Director	$0	$0	$0
TRACIE IVEY	DIRECTOR	N/A	Director	$0	$0	$0
PG PATEL	PRESIDENT	N/A	Officer Director	$0	$0	$0
CARL PEABODY	TREASURER	N/A	Officer Director	$0	$0	$0
CANDY WILSON	DIRECTOR	N/A	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$201,458	$60,393	$349,482	$141,065
2022	$202,805	$204,086	$210,918	$-1,281

VILLA RICA CONVENTION & VISITORS BUREAU INC