ZUnclassifiedEIN: 363344874· Ruling Year: 1986

Lake County Illinois Convention & Visitors Bureau

Gurnee, Illinois

A-Health Score
84A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.68×
Peer Median15.40×
💰
$2.3M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$1.5M
Net Assets
📋
$123K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.9%
Year-over-year change (2022 → 2023)
Net Margin
+1.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.68
Net assets divided by total expenses
Liabilities-to-Assets
7.4%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$2,273,77710%$2,248,52738%$1,658,7357%
2022$2,068,67029%$1,625,40912%$1,545,45525%
2021$1,600,2659%$1,457,20813%$1,232,6788%
2020$1,466,92332%$1,671,14016%$1,337,9552%
2019$2,164,14622%$1,982,10616%$1,310,62165%
2018$1,771,92714%$1,703,2297%$792,2151%
2017$2,049,12116%$1,831,8789%$783,82120%
2016$1,764,3695%$1,684,9084%$652,05425%
2015$1,855,7551%$1,752,1315%$523,36524%
2014$1,845,51227%$1,668,6545%$690,7816%
2012$1,458,8948%$1,584,94820%$654,61728%
2011$1,355,772$1,322,600$512,663

Frequently Asked Questions

What does Lake County Illinois Convention & Visitors Bureau do?

Lake County Illinois Convention & Visitors Bureau is a unclassified nonprofit organization based in Illinois. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lake County Illinois Convention & Visitors Bureau financially healthy?

Based on our 9-metric Financial Health Score model, Lake County Illinois Convention & Visitors Bureau has a score of 84/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Lake County Illinois Convention & Visitors Bureau generate?

Lake County Illinois Convention & Visitors Bureau reports $2.6M in annual revenue and holds $2.2M in total assets, based on IRS filings.

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