Lake County Economic Development Corporation

Nonprofit profile at a glance

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

5 people listed

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.

The organization's mission is to promote business and stimulate all forms of economic development in the town of leadville and lake county, Colorado.

Promotion of business and economic stimulation of leadville and lake county's economy

Revenue model: Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

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

Operating margin: 30.1%; rating input score 83; 83rd percentile among comparable filings
Total-asset coverage ratio: 2.35; rating input score 84; 84th percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Program expense growth: Limited
Revenue growth: -1.1% per year; rating input score 0; 17th percentile among comparable filings
Asset growth: 5.4% per year; rating input score 100; 46th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: Filed governance answers
Accomplishments: 2 filed program accomplishments
Leadership: top reported pay $0 · 5 people listed
Consistency: 6 of 6 current checks pass
Schedules: 2 filed schedules
Filing history: 7 filing years from 2014 to 2024
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.

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