ECONOMIC DEVELOPMENT COUNCIL OF COLORADO (EIN 840731458) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

JOHN BRISTOL

Phone

7202604478

Tax Period

2024-01-01 to 2024-12-31

ECONOMIC DEVELOPMENT COUNCIL OF COLORADO, founded in 1976, is a small nonprofit that reported $432K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO POSITION THE ORGANIZATION AS THE PREMIER STATEWIDE ORGANIZATION FOR STRENGTHENING COLORADO'S ECONOMY BY PROMOTING THE HIGHEST STANDARDS OF KNOWLEDGE AND SKILL OF ECONOMIC DEVELOPEMENT PROFESSIONALS, EDUCATING LOCAL AND STATE LEADERS ABOUT THE REALITIES OF ECONOMIC GROWTH, AND ADVOCATING PUBLIC POLICIES THAT ENHANCE ECONOMIC OPPORTUNITY OF ALL COLORADANS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $160,954

Program Service Revenue $271,095

Investment Income $15

Other Revenue $0

TOTAL REVENUE $432,064

Expense Breakdown

Grants Paid $0

Salaries & Benefits $147,009

Fundraising Expenses $0

Program Expenses $356,129

Other Expenses $288,709

TOTAL EXPENSES $435,718

Year-over-Year Comparison

	2024	2023	Change
Revenue	$432,064	$396,376	+0.1%
Expenses	$435,718	$341,568	+0.3%
Net Income	$-3,654	$54,808	-1.1%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

N/A

Employees

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
THOMAS BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
DANELLE BERG	DIRECTOR	1.00	Director	$0	$0	$0
JOHN BRISTOL	CHAIR	1.00	Officer Director	$0	$0	$0
SHANNON HEIN	DIRECTOR	1.00	Director	$0	$0	$0
KITTIE HOOK	DIRECTOR	1.00	Director	$0	$0	$0
STEVE JOZEFCZYK	DIRECTOR	1.00	Director	$0	$0	$0
DREW KRAMER	IMMED. PAST	1.00	Officer Director	$0	$0	$0
ADAM KRUEGER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
EMILY LASHBROOKE	SECRETARY	1.00	Officer Director	$0	$0	$0
SARA LOBATO	DIRECTOR	1.00	Director	$0	$0	$0
PAULA MEHLE	DIRECTOR	1.00	Director	$0	$0	$0
LINDSAY VAN METER	DIRECTOR	1.00	Director	$0	$0	$0
WENDI NAFZIGER	DIRECTOR	1.00	Director	$0	$0	$0
TYLER PURVIS	TREASURER	1.00	Officer Director	$0	$0	$0
BRIAN ROSE	DIRECTOR	1.00	Director	$0	$0	$0
SHANNON SCOTT	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE SHAPARD	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT SHINE	DIRECTOR	1.00	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
2024	$432,064	$435,718	$343,057	$-3,654
2023	$396,376	$341,568	$360,005	$54,808
2022	$367,160	$314,453	$281,592	$52,707
2021	$273,613	$244,964	$250,530	$28,649
2019	$250,388	$229,600	$198,039	$20,788
2018	$233,085	$177,380	$176,251	$55,705

ECONOMIC DEVELOPMENT COUNCIL OF COLORADO