ARVADA ECONOMIC DEVELOPMENT ASSOCIATION

EIN: 841070053

ARVADA, CO

Total Revenue
$260,080
Total Expenses
$138,557
Total Assets
$650,620
Net Assets
$650,620
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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
1987
Legal Domicile
CO
Principal Officer
KRISTEN BERNHARDT
Phone
7208987010
Tax Period
2025-01-01 to 2025-12-31

ARVADA ECONOMIC DEVELOPMENT ASSOCIATION, founded in 1987, is a small nonprofit that reported $260K in total revenue in fiscal year 2025. The organization ran a surplus of $122K, a strong 47% operating margin.

Mission

TO ASSIST IN COMMUNITY ECONOMIC DEVELOPMENT.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $250,000
Program Service Revenue $0
Investment Income $10,080
Other Revenue $0
TOTAL REVENUE $260,080

Expense Breakdown

Grants Paid $126,558
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $138,557
Other Expenses $11,999
TOTAL EXPENSES $138,557

Year-over-Year Comparison

2025 2024 Change
Revenue $260,080 $263,405 0.0%
Expenses $138,557 $115,980 +0.2%
Net Income $121,523 $147,425 -0.2%
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

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Governance

Voting Members
13
Independent Members
13
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
4
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL DUNCAN PRESIDENT 1.00
Officer Director
$0 $0 $0
MARK INBODEN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
GILLIAN MCCARRON TREASURER 1.00
Officer Director
$0 $0 $0
DINO DARDANO BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTEN BERNHARDT BOARD MEMBER 1.00
Director
$0 $0 $0
KEN FELLMAN BOARD MEMBER 1.00
Director
$0 $0 $0
JEREMY GREGORY BOARD MEMBER 1.00
Director
$0 $0 $0
SHELLEY FLOOD BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT MARCUM BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MARRIOTT BOARD MEMBER 1.00
Director
$0 $0 $0
BEN LAWRENCE BOARD MEMBER 1.00
Director
$0 $0 $0
BRYAN BRYANT BOARD MEMBER 1.00
Director
$0 $0 $0
ALICIA SVALDI BOARD MEMBER 1.00
Director
$0 $0 $0
IZABELA PETRYKOWSKA EXECUTIVE DIRECTOR 1.00
Officer
$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 $260,080 $138,557 $650,620 $121,523
2024 $263,405 $115,980 $529,097 $147,425
2023 $7,076 $192,500 $381,672 $-185,424
2022 $251,667 $117,192 $567,096 $134,475
2021 $57 $110,726 $432,621 $-110,669
2020 $126,200 $219,830 $543,290 $-93,630
2019 $256,841 $117,248 $636,920 $139,593
2018 $3,929 $111,505 $497,327 $-107,576
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