Cowlitz Economic Development Council

EIN: 911154753

Longview, WA

Total Revenue
$395,751
Total Expenses
$434,651
Total Assets
$98,390
Net Assets
$94,027
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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
1988
Legal Domicile
WA
Phone
3604239921
Tax Period
2024-01-01 to 2024-12-31

Cowlitz Economic Development Council, founded in 1988, is a small nonprofit that reported $396K in total revenue in fiscal year 2024.

Mission

Foster Growth in the Community

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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 (2024)

Revenue Breakdown

Contributions & Grants $282,742
Program Service Revenue $107,520
Investment Income $5,489
Other Revenue $0
TOTAL REVENUE $395,751

Expense Breakdown

Grants Paid $0
Salaries & Benefits $359,440
Fundraising Expenses $0
Program Expenses $299,216
Other Expenses $75,211
TOTAL EXPENSES $434,651

Year-over-Year Comparison

2024 2023 Change
Revenue $395,751 $386,265 +0.0%
Expenses $434,651 $430,238 +0.0%
Net Income $-38,900 $-43,973 -0.1%
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

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Governance

Voting Members
38
Independent Members
38
Employees
3
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
1
$221,321
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Edward Sprague President 40.00
Officer
$167,280 $54,041 $221,321
See Attachment Directors 0.00
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
2025 No data No data No data No data
2024 $395,751 $434,651 $98,390 $-38,900
2023 $386,265 $430,238 $137,166 $-43,973
2022 $346,021 $381,158 $182,285 $-35,137
2021 $389,233 $354,411 $215,374 $34,822
2020 $458,208 $320,711 $180,623 $137,497
2019 $372,736 $359,263 $42,068 $13,473
2018 $354,521 $387,437 $28,928 $-32,916
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