Loudoun Convention & Visitors Association Inc is a 501(c)(6) organization based in Leesburg, Virginia, registered in 1992, with $4,460,101 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$4.5M
▲ 8.6% vs prior year
Expenses (FY2024)
$4.2M
Net assets
$1.3M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Loudoun Convention & Visitors Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Loudoun Convention & Visitors Association Inc: 4 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Loudoun Convention & Visitors Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Loudoun Convention & Visitors Association Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $3.2M (FY2013) to $4.5M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
5.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.8M
Total liabilities
$2.5M
Net assets
$1.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,460,101▲8.6% | $4,201,541▲0.1% | $1,307,602▲24.6% | $3,803,002▲9.0% | 990 |
| 2023 | $4,105,661▲5.3% | $4,197,091▲4.1% | $1,049,042▼8.0% | $3,488,094▼7.3% | 990 |
| 2022 | $3,900,857▲13.2% | $4,030,883▲2.4% | $1,140,472▼15.4% | $3,764,003▲153% | 990 |
| 2021 | $3,446,394▲23.2% | $3,934,565▲40.8% | $1,348,016▼26.6% | $1,488,695▼24.0% | 990 |
| 2020 | $2,796,445▼22.8% | $2,795,258▼10.1% | $1,836,187▲0.1% | $1,959,810▲2.1% | 990 |
| 2019 | $3,620,584▲7.1% | $3,109,353▼5.2% | $1,835,000▲38.6% | $1,920,304▲27.0% | 990 |
| 2018 | $3,381,130▲12.4% | $3,278,916▲13.6% | $1,323,769▲8.4% | $1,512,011▲15.7% | 990 |
| 2017 | $3,008,251▼7.0% | $2,887,437▲7.0% | $1,221,555▲11.0% | $1,307,381▲6.5% | 990 |
| 2016 | $3,233,278▲16.6% | $2,697,663▼9.5% | $1,100,741▲94.8% | $1,227,573▲69.2% | 990 |
| 2015 | $2,773,106▼5.6% | $2,981,522▼8.2% | $565,126▼26.9% | $725,648▼27.2% | 990 |
| 2014 | $2,936,685▼7.0% | $3,247,803▼3.5% | $773,542▼28.7% | $997,018▼21.6% | 990 |
| 2013 | $3,157,778 | $3,365,246▲17.2% | $1,084,660▼16.1% | $1,271,654▼14.0% | 990 |
| 2012 | — | $2,872,219▲9.2% | $1,292,128▼1.7% | $1,477,949▲2.3% | 990 |
| 2011 | — | $2,630,812▲6.0% | $1,313,975▼6.9% | $1,444,287▼5.3% | 990 |
| 2010 | — | $2,481,932 | $1,411,787 | $1,525,560 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Loudoun Convention & Visitors Association Inc (EIN 54-1593470) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.