S โ€” Community Improvement & Capacity BuildingEIN: 562307921ยท Ruling Year: 2004

Durango Area Tourism Office Inc

Durango, Colorado

A-Health Score
80A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$2.9M
Total Revenue
๐Ÿ“Š
$2.6M
Total Expenses
๐Ÿฆ
$1.5M
Net Assets
๐Ÿ“‹
$326K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+30.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+12.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.59
Net assets divided by total expenses
Liabilities-to-Assets
17.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,930,524โ†‘30%$2,566,872โ†‘23%$1,851,811โ†‘21%
2022$2,252,184โ†‘41%$2,091,366โ†‘52%$1,528,141โ†‘47%
2021$1,600,819โ†‘15%$1,371,544โ†‘45%$1,041,679โ†‘29%
2020$1,395,800โ†‘7%$943,813โ†“22%$807,137โ†‘132%
2019$1,303,843โ†‘8%$1,203,318โ†“6%$347,548โ†‘43%
2018$1,212,858โ†“1%$1,283,261โ†‘1%$242,921โ†“31%
2017$1,221,444โ†‘11%$1,276,335โ†‘20%$350,301โ†“13%
2016$1,099,596โ†‘3%$1,059,956โ†“3%$404,349โ†‘17%
2015$1,065,538โ†‘7%$1,097,337โ†‘6%$344,370โ†“4%
2014$997,345โ†‘20%$1,035,721โ†‘11%$359,902โ†“13%
2013$830,079โ†“5%$936,841โ†‘11%$413,656โ†“22%
2012$869,382โ†‘4%$845,691โ†“4%$527,778โ†‘8%
2011$833,711$881,774$487,994

Frequently Asked Questions

What does Durango Area Tourism Office Inc do?โ–ผ

Durango Area Tourism Office Inc is a community improvement & capacity building nonprofit organization based in Colorado. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Durango Area Tourism Office Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Durango Area Tourism Office Inc has a score of 80/100 (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 Durango Area Tourism Office Inc generate?โ–ผ

Durango Area Tourism Office Inc reports $3.2M in annual revenue and holds $2.1M in total assets, based on IRS filings.

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Durango Area Tourism Office Inc โ€” Durango, CO | GiveScope