SOUTHWEST COLORADO LEVERAGE LENDER INC

EIN: 920476096 501(c)(3) Education

GRAND JUNCTION, CO

Total Revenue
$184,112
Total Expenses
$291,467
Total Assets
$18,704,282
Net Assets
$18,694,032
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CO
Principal Officer
ERIN MINNERATH
Phone
9702564179
Tax Period
2025-01-01 to 2025-12-31

SOUTHWEST COLORADO LEVERAGE LENDER INC, founded in 2022, is a small nonprofit in the Education sector that reported $184K in total revenue in fiscal year 2025. Expenses of $291K exceeded revenue, resulting in a 58% operating deficit.

Mission

MESA COUNTY CENTER OF EDUCATION, INC., A COLORADO NONPROFIT CORPORATION (THE ORGANIZATION''), WAS ORGANIZED AND IS OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE ''CODE'') AND ACCOMPANYING REGULATIONS. SPECIFICALLY, THE ORGANIZATION'S ACTIVITIES WILL: (I) LESSEN THE BURDENS OF GOVERNMENT OF MESA COUNTY, COLORADO (THE "COUNTY"); (II) CONSTRUCT A FACILITY THAT WILL ASSIST THE COUNTY IN ADVANCING EDUCATION; (III) CONSTRUCT A FACILITY THAT WILL ASSIST THE COUNTY IN PROVIDING RELIEF TO THE POOR AND DISTRESSED OR UNDERPRIVILEGED; AND (IV) CONSTRUCT A FACILITY THAT WILL ASSIST THE COUNTY IN PROMOTING SOCIAL WELFARE BY COMBATING COMMUNITY DETERIORATION AND JUVENILE DELINQUENCY.

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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 $0
Program Service Revenue $0
Investment Income $184,112
Other Revenue $0
TOTAL REVENUE $184,112

Expense Breakdown

Grants Paid $288,967
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $288,967
Other Expenses $2,500
TOTAL EXPENSES $291,467

Year-over-Year Comparison

2025 2024 Change
Revenue $184,112 $184,112 N/A
Expenses $291,467 $2,500 +115.6%
Net Income $-107,355 $181,612 -1.6%
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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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT LEWIS PRESIDENT 1.00
Officer
$0 $0 $0
DAVID KEARSLEY SECRETARY 1.00
Officer
$0 $0 $0
ERIN MINNERATH VICE PRESIDENT 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 $184,112 $291,467 $18,704,282 $-107,355
2024 $184,112 $2,500 $18,803,887 $181,612
2023 $184,112 $5,250 $18,625,025 $178,862
2022 $18,440,913 No data $18,440,913 No data
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