Economic Council of Eagle County Inc
Nonprofit profile at a glance
- EIN
- 300359698
- IRS 990-EZ coverage
- 2010–2010
- Forms available
- Form 990-EZ 2010
- Location
- Edwards, CO, USA
- Phone
- 9709267899
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Limited
- Sector
- Management & Technical Assistance
Reported finances
- Revenue
- $94,183
- Expenses
- $106,803
- Assets
- $6,901
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.
Leadership & pay
12 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To cultivate an enriching, successful and vital county-wide economy. By doing so, we help create a quality of life that benefits all aspects of our county-wide society.
What it reported doing in 2010
Transitioned management of the non-profit entity the valley home store to the eagle county housing department. Continued support services with web site updates and public information products. Completed deed restriction housing program management database.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 15
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 95%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -13.4%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 95% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $101K in reported program spending
- Leadership: top reported pay $48K · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.