NORTHWEST COLORADO INNOVATION CENTER (EIN 332042805) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2024

Legal Domicile

Principal Officer

Tim Redmond

Phone

9708705221

Tax Period

2025-01-01 to 2025-12-31

NORTHWEST COLORADO INNOVATION CENTER, founded in 2024, is a small nonprofit in the Community Improvement sector that reported $582K in total revenue in fiscal year 2025. The organization ran a surplus of $478K, a strong 82% operating margin.

Mission

To foster innovation, entrepreneurship, workforce development, economic prosperity, and diversification through sustainable, community-led development. Coordinate and facilitate regional collaboration and support regional marketing, business growth and attraction, and community development.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $581,650

Program Service Revenue $0

Investment Income $137

Other Revenue $0

TOTAL REVENUE $581,787

Expense Breakdown

Grants Paid $66,600

Salaries & Benefits $0

Fundraising Expenses $6,375

Program Expenses $74,800

Other Expenses $30,719

TOTAL EXPENSES $103,694

Year-over-Year Comparison

	2025	2024	Change
Revenue	$581,787	N/A	N/A
Expenses	$103,694	N/A	N/A
Net Income	$478,093	$0	N/A

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tim Redmond	Board Chair	2	Officer Director	$0	$0	$0
Randy Looper	Treasurer	2	Officer Director	$0	$0	$0
Roy McClung	Secretary	2	Officer Director	$0	$0	$0
Melody Villard	Vice Chair	2	Officer Director	$0	$0	$0
Gary Boley	Director	1	Director	$0	$0	$0
John Bristol	Director	1	Director	$0	$0	$0
Trevor Gann	Director	1	Director	$0	$0	$0
Edy George	Director	1	Director	$0	$0	$0
Margie Joy	Director	1	Director	$0	$0	$0
Callie Scritchfield	Director	1	Director	$0	$0	$0
Carly Thomson	Director	1	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$581,787	$103,694	$492,686	$478,093

NORTHWEST COLORADO INNOVATION CENTER