Leadville Coalition
Nonprofit profile at a glance
- EIN
- 742539805
- IRS 990-EZ coverage
- 2020–2020
- Forms available
- Form 990-EZ 2020, Form 990-N 2019
- Location
- Leadville, CO, USA
- Phone
- 9704710357
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Urban, Community Economic Development
Reported finances
- Revenue
- $4
- Expenses
- $887
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- GREG LABBE (PRESIDENT)
People named in this filing
- GREG LABBE (PRESIDENT)
- PAUL ANDERSON (DIRECTOR)
- JANE GOWING (DIRECTOR)
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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organizations primary exempt purpose is to promote cooperation in all matters of interest to the business communities and governmental entities within the leadville/lake county, Colorado area; to encourage and promote the expansion and development of the leadville/lake county business community; to foster economic growth and development within the leadville/lake county area; and to generally promote increased prosperity for the residents of the leadville/lake county area.
What it reported doing in 2020
Promote economic development in leadville/lake county, Colorado.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- 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: 100
- Transparency & Controls: 82
- Sustainability: 8
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -22,075%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $887 in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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 — Sustainability: Operating margin scored 1/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.