Thief River Falls Convention & Visitors Bureau Inc is a 501(c)(6) organization based in Thief Rvr Fls, Minnesota, registered in 2006, with $168,599 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$169K
▲ 11.9% vs prior year
Community median: $184K
Expenses (FY2024)
$127K
Net assets
$96K
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 Thief River Falls Convention & Visitors Bureau 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 Thief River Falls Convention & Visitors Bureau Inc: 9 mo reserves · +25% 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 Thief River Falls Convention & Visitors Bureau 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 Thief River Falls Convention & Visitors Bureau Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $122K (FY2012) to $169K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
24.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$96K
Total liabilities
$446
Net assets
$96K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $168,599▲11.9% | $126,554▼16.1% | $95,992▲77.9% | $96,438▲78.2% | 990EZ |
| 2023 | $150,736▲1.5% | $150,817▼12.0% | $53,947▼0.1% | $54,120▲0.2% | 990EZ |
| 2022 | $148,520▼8.5% | $171,447▲1.5% | $54,028▼29.8% | $54,028▼31.4% | 990EZ |
| 2021 | $162,318▲29.9% | $168,966▲73.9% | $76,955▼8.0% | $78,705▼6.9% | 990EZ |
| 2020 | $124,999▼16.9% | $97,153▼18.4% | $83,603▲49.9% | $84,512▲48.5% | 990EZ |
| 2019 | $150,451▲13.5% | $119,065▲3.3% | $55,757▲129% | $56,911▲123% | 990EZ |
| 2018 | $132,608▲13.1% | $115,286▼1.8% | $24,371▲246% | $25,569▲263% | 990EZ |
| 2017 | $117,217▼2.3% | $117,422▼17.8% | $7,049▼2.8% | $7,049▼2.8% | 990EZ |
| 2016 | $119,973▼19.9% | $142,885▲4.8% | $7,254▼76.0% | $7,254▼76.0% | 990EZ |
| 2015 | $149,860▲10.8% | $136,385▼9.3% | $30,166▲80.7% | $30,166▲80.7% | 990EZ |
| 2014 | $135,289▲6.8% | $150,411▲13.8% | $16,691▼47.5% | $16,691▼47.5% | 990EZ |
| 2013 | $126,616▲3.7% | $132,116▲3.6% | $31,813▼14.7% | $31,813▼14.7% | 990EZ |
| 2012 | $122,089 | $127,572 | $37,313 | $37,313 | 990EZ |
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 Thief River Falls Convention & Visitors Bureau Inc (EIN 01-0872302) 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.