Lincoln County Economic Developmentcouncil
Lincoln County Economic Developmentcouncil reports a $70,832 deficit in 2024 after two years of surpluses, maintaining zero officer compensation.
EIN: 204994743 · Davenport, WA · NTEE: S300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $155K |
| Total Expenses | $287K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $469K |
| Transparency Score | 85/100 |
Is Lincoln County Economic Developmentcouncil Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lincoln County Economic Developmentcouncil directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lincoln County Economic Developmentcouncil
Lincoln County Economic Developmentcouncil (EIN: 204994743) is a nonprofit organization based in Davenport, WA, classified under NTEE code S300. The organization reported total revenue of $155K and total assets of $513K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincoln County Economic Developmentcouncil's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lincoln County Economic Developmentcouncil is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $216K |
| Total Expenses | $287K |
| Surplus / Deficit | $-70,832 |
| Total Assets | $483K |
| Total Liabilities | $14K |
| Net Assets | $469K |
| Operating Margin | -32.8% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 20.2 months |
Financial Health Grade: B
In 2024, Lincoln County Economic Developmentcouncil reported a deficit of $71K with expenses exceeding revenue, holds 20.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Lincoln County Economic Developmentcouncil's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -26.6% | +96.7% | -16.5% |
| 2023 | +8.2% | -2.2% | +35.0% |
| 2022 | -42.5% | -62.3% | +27.7% |
| 2021 | +130.6% | +133.6% | +27.1% |
| 2020 | +39.9% | +19.9% | +14.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lincoln County Economic Developmentcouncil with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Lincoln County Economic Developmentcouncil allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $71K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a highly positive indicator of fiscal responsibility and a commitment to directing all available funds towards the organization's mission, especially for an organization with revenues fluctuating between $100,000 and $470,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Lincoln County Economic Developmentcouncil's IRS 990 filings:
- Significant deficit in the most recent fiscal year (2024), with expenses exceeding revenue by $70,832.
- Highly fluctuating revenue stream over the past five years, which could impact long-term financial planning and sustainability.
Strengths
The following positive indicators were identified for Lincoln County Economic Developmentcouncil:
- Consistent reporting of 0% officer compensation, indicating strong fiscal prudence and dedication to mission.
- Healthy asset-to-liability ratio, with assets consistently much higher than liabilities (e.g., $482,728 assets vs. $13,686 liabilities in 2024).
- Clear alignment between organization name and NTEE code (Economic Development), suggesting a focused mission.
- Positive net assets growth over the long term, from $39,370 in 2016 to $482,728 in 2024.
Frequently Asked Questions about Lincoln County Economic Developmentcouncil
Is Lincoln County Economic Developmentcouncil a legitimate charity?
Lincoln County Economic Developmentcouncil (EIN: 204994743) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $155K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Lincoln County Economic Developmentcouncil spend its money?
Lincoln County Economic Developmentcouncil directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lincoln County Economic Developmentcouncil tax-deductible?
Lincoln County Economic Developmentcouncil is registered as a tax-exempt nonprofit (EIN: 204994743). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Lincoln County Economic Developmentcouncil CEO make?
Lincoln County Economic Developmentcouncil's highest-compensated officer earns $100,000 annually. The organization reported $155K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Lincoln County Economic Developmentcouncil's spending goes to programs?
Lincoln County Economic Developmentcouncil directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lincoln County Economic Developmentcouncil compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Lincoln County Economic Developmentcouncil is above average for NTEE category S300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lincoln County Economic Developmentcouncil located?
Lincoln County Economic Developmentcouncil is headquartered in Davenport, Washington and files with the IRS under EIN 204994743. It is classified under NTEE code S300.
How many years of IRS 990 filings does Lincoln County Economic Developmentcouncil have?
Lincoln County Economic Developmentcouncil has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $155K in total revenue.
Is Lincoln County Economic Developmentcouncil a good charity?
Based on the available data, the Lincoln County Economic Developmentcouncil appears to be a good charity. It demonstrates strong financial health with assets consistently exceeding liabilities (e.g., $482,728 assets vs. $13,686 liabilities in 2024) and a commendable commitment to transparency by reporting 0% officer compensation across all filings. While the 2024 deficit is a concern, it follows two years of surpluses, and the overall financial management seems sound.
What caused the significant deficit in 2024?
The IRS 990 data shows that in fiscal year 2024, the organization's expenses ($286,631) significantly outpaced its revenue ($215,799), resulting in a deficit of $70,832. The specific causes are not detailed in the summary data, but it could be due to increased program activities, one-time operational costs, or a temporary dip in funding compared to previous years.
How stable is the organization's revenue stream?
The organization's revenue stream has shown considerable fluctuation over the past five years, ranging from $146,225 in 2019 to $471,908 in 2021, and most recently $215,799 in 2024. This variability suggests that the organization may rely on grants or project-based funding, which can be less predictable than diversified, recurring revenue sources.
Filing History
IRS 990 filing history for Lincoln County Economic Developmentcouncil showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Lincoln County Economic Developmentcouncil's revenue has grown by 116.4%, moving from $100K to $216K. Total assets increased by 621.2% over the same period, from $67K to $483K. Total functional expenses rose by 173.6%, from $105K to $287K. In its most recent filing year (2024), Lincoln County Economic Developmentcouncil reported a deficit of $71K, with expenses exceeding revenue. The organization holds $14K in liabilities against $483K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $469K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $216K | $287K | $483K | $14K | — | — |
| 2023 | $294K | $146K | $578K | $38K | — | View 990 |
| 2022 | $272K | $149K | $428K | $37K | — | View 990 |
| 2021 | $472K | $396K | $335K | $66K | — | View 990 |
| 2020 | $205K | $169K | $264K | $71K | — | View 990 |
| 2019 | $146K | $141K | $231K | $74K | — | View 990 |
| 2018 | $285K | $121K | $217K | $64K | — | View 990 |
| 2017 | $97K | $130K | $53K | $65K | — | View 990 |
| 2016 | $131K | $129K | $39K | $18K | — | View 990 |
| 2015 | $115K | $119K | $83K | $64K | — | View 990 |
| 2014 | $119K | $110K | $77K | $53K | — | View 990 |
| 2013 | $110K | $110K | $66K | $51K | — | View 990 |
| 2012 | $100K | $105K | $67K | $52K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $216K, expenses of $287K, and assets of $483K (revenue -26.6% year-over-year).
- 2023: Revenue of $294K, expenses of $146K, and assets of $578K (revenue +8.2% year-over-year).
- 2022: Revenue of $272K, expenses of $149K, and assets of $428K (revenue -42.5% year-over-year).
- 2021: Revenue of $472K, expenses of $396K, and assets of $335K (revenue +130.6% year-over-year).
- 2020: Revenue of $205K, expenses of $169K, and assets of $264K (revenue +39.9% year-over-year).
- 2019: Revenue of $146K, expenses of $141K, and assets of $231K (revenue -48.7% year-over-year).
- 2018: Revenue of $285K, expenses of $121K, and assets of $217K (revenue +194.5% year-over-year).
- 2017: Revenue of $97K, expenses of $130K, and assets of $53K (revenue -26.1% year-over-year).
- 2016: Revenue of $131K, expenses of $129K, and assets of $39K (revenue +14.3% year-over-year).
- 2015: Revenue of $115K, expenses of $119K, and assets of $83K (revenue -3.9% year-over-year).
- 2014: Revenue of $119K, expenses of $110K, and assets of $77K (revenue +8.4% year-over-year).
- 2013: Revenue of $110K, expenses of $110K, and assets of $66K (revenue +10.4% year-over-year).
- 2012: Revenue of $100K, expenses of $105K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lincoln County Economic Developmentcouncil:
Data Sources and Methodology
This transparency report for Lincoln County Economic Developmentcouncil is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.