Douglas County Economic Development Corporation

Nonprofit profile at a glance

EIN
453723816
IRS 990 coverage
2013–2025
Forms available
Form 990 2025
Location
Highlands Ranch, CO, USA
Phone
7209812952
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Rural Economic Development

Official website

Reported finances

Revenue
$1,456,952
Expenses
$846,584
Assets
$1,086,045
Liabilities
$18,738

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

37 people listed

Executive titles in this filing

  • ELLIE REYNOLDS (PRESIDENT)

Highest reported compensation

  • ELLIE REYNOLDS (PRESIDENT): $130,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation is formed exclusively to promote economic development in douglas county, Colorado which includes (but not limited to) infrastructure improvements, job creation, public policy, and marketing of the region as a premier place to locate and/or expand a business.

What it reported doing in 2025

Marketing of northwest douglas county, co.

Operating model

Revenue model
Membership-supported. 99% of the money available for current operations came from membership dues.
Distribution model
Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for affiliated organizations.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 39
  • Transparency & Controls: 90
  • Accountability: 63
  • Sustainability: 66
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 35.2%; rating input score 35
  • Program expense ratio: 60%; rating input score 60
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 41.9%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 1.28; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 55; 55th percentile among comparable filings
  • Officer compensation ratio: 15.4%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: 18.7% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 17.4% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 22.5% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 35.2% of revenue deployed · 60% of spending went to programs
  • Governance: 37 of 37 board members independent · 1 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $508K in reported program spending
  • Leadership: top reported pay $130K · 37 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
  • High — Accountability: Governance controls: 6 of 7 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.
  • Review — Sustainability: Liabilities to assets ratio scored 55/100.