Bonner County Economic Development Corporation

Nonprofit profile at a glance

EIN
820526763
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Sandpoint, ID, USA
Phone
2082656402
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$78,988
Expenses
$93,301
Assets
$41,827
Liabilities
$1,849

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • DOUG HAWKINS JR (PRESIDENT)

People named in this filing

  • ANDREA MARCOCCIO (DIRECTOR-AT-)
  • CURTIS JOHNSON (SECRETARY)
  • DOUG HAWKINS JR (PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide resources and support for north Idaho businesses.

What it reported doing in 2024

Major events: bonner county economic development corporation, dba pend orielle economic partnership (pep), held three major events during the calendar year: 1. What's happening up north economic summit - this year's theme was "rural and thriving-pillars for community development". Keynotes and panels focused on workforce housing, training and education, and how rural places can maintain their unique character despite development pressures. This was an all day event with approximately 70 attendees from business, government, nonprofit and education sectors. 2. Entrepreneurship workshop - fundamentals for enduring success. The all- day workshop had 33 attendees from all sectors of the economy and included follow-up sessions over the course of the following month for those who requested 3. Resort cities coalition tour - we hosted approximately 35 officials and representatives and put on a workshop and tour on the topic of resilience and reinvention of community and economy.

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 100
  • Sustainability: 22
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.6%; rating input score 91
  • Program expense ratio: 76.7%; rating input score 77

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -18.1%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 0.45; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 22; 22nd percentile among comparable filings
  • Officer compensation ratio: 78.5%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: -34.1% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -1% per year; rating input score 0; 47th percentile among comparable filings
  • Asset growth: 10.6% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 90.6% of revenue deployed · 76.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $72K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 24/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 22/100.