Lincoln County Economic Development Corporation

Nonprofit profile at a glance

EIN
200274228
IRS 990-EZ coverage
2021–2025
Forms available
Form 990 2024, Form 990-EZ 2025
Location
Limon, CO, USA
Phone
7197759070
Rating
94
Verdict
STRONG
Rating confidence
Moderate
Sector
Public, Societal Benefit

Official website

Reported finances

Revenue
$153,984
Expenses
$163,742
Assets
$271,306
Liabilities
$2,598

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

Leadership & pay

22 people listed

Executive titles in this filing

  • Troy McCue (Executive Director)
  • David Churchwell (President)
  • Donna Metcalf (Vice President)

People named in this filing

  • Troy McCue (Executive Director)
  • Raejean Palko (SBDC Assistant)
  • Dave Williams (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Education

What it reported doing in 2025

Promote all county opportunities; continuing updates and development of county-wide business evaluation and assessments; attend local/county government monthly meetings; promote new industry sectors; visit local businesses; Welcoming and facilitating green energy sector development. Virtual OEDIT and EDC meetings. Office work. Persons benefited: 7,000.

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 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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 92
  • Sustainability: 35
  • Growth: 100

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: 90%; rating input score 90; 1st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -6.3%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 1.66; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 38; 38th percentile among comparable filings
  • Officer compensation ratio: 67.8%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 55th percentile among comparable filings
  • Revenue growth: 4.6% per year; rating input score 100; 42nd percentile among comparable filings
  • Asset growth: 8.3% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $164K in reported program spending
  • Leadership: top reported pay $0 · 22 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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 18/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 38/100.