The Economic Development Corporation of El Dorado County
Nonprofit profile at a glance
- EIN
- 680200652
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024, Form 990-T 2022, Form 990-N 2022
- Location
- Placerville, CA, USA
- Phone
- 5306215885
- Rating
- 97
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public, Societal Benefit
Reported finances
- Revenue
- $28,275
- Expenses
- $32,901
- Assets
- $76,531
- Liabilities
- $4,174
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- LAUREL BRENT BUMB (CEO)
People named in this filing
- LAUREL BRENT BUMB (CEO)
- MARY GLAS (CFO)
- MINDY JACKSON (Secretary)
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.
Overview
Mission
To retain and expand el dorado county's base of primary employment generating businesses--with emphasis on non-seasonal and non-cyclical industries. To generalyy assist in the maintenance of a favorable business climate within the boarders of el dorado county.
What it reported doing in 2024
To retain and expand el dorado county's base of primary employment generating businesses--with emphasis on non-seasonal and non-cyclical industries. To generally assist in the maintenance of a favorable business climate within the borders of el dorado county.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 41
- 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: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -16.4%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 2.33; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 2.4% per year; rating input score 100; 55th percentile among comparable filings
- Revenue growth: 0.8% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 4% 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: 1 filed program accomplishment · $40K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2011 to 2024
- 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.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 25/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.