Durango Devo
Legal name: Durango Devo Inc
Nonprofit profile at a glance
- EIN
- 640959974
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-EZ 2021
- Location
- Durango, CO, USA
- Phone
- 9702479646
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Recreational l Clubs
Reported finances
- Revenue
- $727,042
- Expenses
- $815,605
- Assets
- $301,796
- Liabilities
- $10,465
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- LEVI N KURLANDER (EXECUTIVE DIRECTOR)
- NATHANIEL F GREASON (EXECUTIVE DIRECTOR)
- RICK OBLOCK (PRESIDENT)
- WILL EDISON (VICE PRESIDENT)
Highest reported compensation
- LEVI N KURLANDER (EXECUTIVE DIRECTOR): $85,098 total reported compensation
- NATHANIEL F GREASON (EXECUTIVE DIRECTOR): $2,869 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Developing lifelong cyclists, one ride at a time!
What it reported doing in 2024
The mission of durango devo is to develop each individual, in a traditional team setting, into life-long cyclists. Devos programs are arranged in an age based building block style to increase interest in mountain biking and promote each athlete in a positive, social environment. Devo jr. Developing skills in a fun non competitive environment. Devo u14 some training, continue to build skills, fun races. Devo u19 prepare high school kids for racing at the collegiate or professional level.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 97% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 90
- Accountability: 79
- Sustainability: 23
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.5%; rating input score 86
- Program expense ratio: 76.1%; rating input score 76
- Fundraising efficiency: $3.76 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 24th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: -12.2%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.37; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 56; 56th percentile among comparable filings
- Officer compensation ratio: 10.8%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 12.3% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 11.7% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 14.5% per year; rating input score 100; 71st percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 85.5% of revenue deployed · 76.1% of spending went to programs
- Governance: 7 of 7 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $621K in reported program spending
- Leadership: top reported pay $85K · 9 people listed
- Consistency: 31 of 32 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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 — Financial Efficiency: Fundraising efficiency scored 12/100.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Sustainability: Operating margin scored 15/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.
- Review — Sustainability: Liabilities to assets ratio scored 56/100.