Civic Intelligence

Local First Inc

990 • Fiscal year 2020 • EIN 27-3083017

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

PO Box 2058Durango, CO 81302

(970) 799-6618

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.64x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

33rd percentile

0.08x

Higher debt load relative to revenue than 33% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Net Margin

41st percentile

2.8%

Higher net margin than 41% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

99th percentile

244%

Faster asset growth than 99% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

99th percentile

447%

Faster revenue growth than 99% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$190,845

Up $135,422 (+244%) from 2019

Net Assets

Up

$69,445

Up $41,045 (+145%) from 2019

Liabilities

Up

$121,400

Up $94,377 (+349%) from 2019

Revenue

Up

$1,469,398

Up $1,200,594 (+447%) from 2019

Expenses

Up

$1,428,477

Up $1,102,159 (+338%) from 2019

Net Income

Up

$40,921

Up $98,435 (+171%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100KAssets 2014: $60,073Liabilities 2014: $987Net Assets 2014: $59,0862014Assets 2015: $98,442Liabilities 2015: $27,302Net Assets 2015: $71,1402015Assets 2016: $83,613Liabilities 2016: $38,241Net Assets 2016: $45,3722016Assets 2017: $101,947Liabilities 2017: $26,656Net Assets 2017: $75,2912017Assets 2018: $100,599Liabilities 2018: $14,535Net Assets 2018: $86,0642018Assets 2019: $55,423Liabilities 2019: $27,023Net Assets 2019: $28,4002019Assets 2020: $190,845Liabilities 2020: $121,400Net Assets 2020: $69,4452020Assets 2021: $288,514Liabilities 2021: $120,568Net Assets 2021: $167,9462021Assets 2022: $214,931Liabilities 2022: $121,726Net Assets 2022: $93,2052022Assets 2023: $140,744Liabilities 2023: $129,276Net Assets 2023: $11,4682023Assets 2024: $54,809Liabilities 2024: $127,692Net Assets 2024: -$72,8832024

Highlighted filing

2020

Assets$190,845
Liabilities$121,400
Net Assets$69,445

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2014: $136,884Expenses 2014: $136,234Net Income 2014: $6502014Revenue 2015: $224,369Expenses 2015: $212,315Net Income 2015: $12,0542015Revenue 2016: $152,357Expenses 2016: $178,125Net Income 2016: -$25,7682016Revenue 2017: $245,039Expenses 2017: $214,970Net Income 2017: $30,0692017Revenue 2018: $311,436Expenses 2018: $300,513Net Income 2018: $10,9232018Revenue 2019: $268,804Expenses 2019: $326,318Net Income 2019: -$57,5142019Revenue 2020: $1,469,398Expenses 2020: $1,428,477Net Income 2020: $40,9212020Revenue 2021: $767,058Expenses 2021: $668,557Net Income 2021: $98,5012021Revenue 2022: $167,883Expenses 2022: $239,226Net Income 2022: -$71,3432022Revenue 2023: $159,139Expenses 2023: $240,876Net Income 2023: -$81,7372023Revenue 2024: $191,261Expenses 2024: $275,612Net Income 2024: -$84,3512024

Highlighted filing

2020

Revenue$1,469,398
Expenses$1,428,477
Net Income$40,921
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$1,469,398
Mission and Program Overview

Mission

The mission of Local First is to help locally-owned, independent business and organizations thrive as they work together to build an economy that values people, the planet and prosperity for everyone.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$31,926$94,016▲ $62,090
Cash and Non-Interest-Bearing Accounts$20,121$79,155▲ $59,034
Savings and Temporary Cash Investments-$15,390-
Land, Buildings, and Equipment, Net$3,376$2,284▼ $1,092
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$55,423$190,845▲ $135,422
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable-$119,900-
Accounts Payable and Accrued Expenses$27,023$1,500▼ $25,523
Total Liabilities$27,023$121,400▲ $94,377
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$28,400$69,445▲ $41,045
Total Net Assets Fund Balance$28,400$69,445▲ $41,045
Total Liabilities and Net Assets / Fund Balance$55,423$190,845▲ $135,422

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,284$15,423$17,707
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Monique DiGiorgioFormer Managing DirectorFT$37,957$37,957
Kyrie HootonFormer Managing DirectorFT$17,044$17,044
Emily BellManaging DirectorFT$13,058$13,058

Board Members and Trustees

NameTitle
Steve EliasChairman
Tim WheelerVice Chair
Elsa JagnieckiDirector
Joy MartinDirector
Kristin MuraroDirector
Mary OswaldDirector
Peter SchertzDirector
Ted WrightDirector
Lisa MastnySecretary
John LopezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,239,097
Program Service Revenue
$228,939
Investment Income
$2
Other Revenue
$1,360
Change in Net Assets
$40,921

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,469,398
Total Revenue per Audited Statements
$1,469,398
Total Revenue per Form 990
$1,469,398
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,077,832
Salaries, Compensation, and Employee Benefits$189,479
Other Expenses$161,166
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs---$1,077,832
Other Salaries and Wages---$101,037
Current Officers, Directors, Trustees, and Key Employees---$68,059
Fees for Services Other---$41,509
All Other Expenses---$22,081
Payroll Taxes---$15,596
Other Expenses---$11,844
Information Technology---$7,980
Advertising---$7,323
Occupancy---$5,776
Travel---$4,943
Other Employee Benefits---$4,787
Insurance---$4,596
Fees for Services Accounting---$1,311
Depreciation Depletion---$1,092
Total Functional Expenses$0$0$0$1,428,477

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,428,477
Total Expenses per Audited Statements$1,428,477
Total Expenses per Form 990$1,428,477
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Various - See attachedDurango, CO--$1,077,832
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Members shall be locally-owned, independent businesses and farms, organizations, supporting businesses and individuals who are committed to the purposes of the corporation as outlined in Article 2 of the bylaws.

Form 990, Part VI, Line 11B: Form 990 Review Process

A copy of Form 990 is provided to the board for review and approval prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

In situations where directors, staff, or agents of corporation, or their extended family members, stand to gain material benefit or suffer material loss from a decision of the corporation, that person shall: a) immediately inform the party charged with making the decision b) help the party making the decision by disclosing any material facts related to the decision c) recusing themselves from the discussion and, if necessary, the casting of votes on the decision.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation of managing director is determined based on review of compensation for similar organizations in La Plata county; which is then reviewed by the executive committee and presented to the board for approval.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Local First
EIN
27-3083017
Phone
9707996618
Address
PO Box 2058, Durango, CO 81302

Signing Officer

Name
Emily Bell
Title
Managing Director
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emily Bell
Formed
2010
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
10
Employees
9
Volunteers
10

Preparer

Firm
FredrickZink & Associates PC CPAs
Address
954 East 2nd Avenue 201, Durango, CO 81301
Preparer
John M Lopez
Phone
9702470506
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Other programs and services to members include consumer targeted campaigns such as outreach and mobilization efforts such as working with businesses on social and environmental best practices through the a variety of programs. We provide an online business directory, and reach out to the local media with press releases about sustainable economy issues. In addition, we organize members-only networking and collaboration events. We pulled together key stakeholders in order to form the Durango Creative District to support and build a creative economy and launched the Southwest Health Alliance to increase health literacy and reduce insurance premiums for businesses and individuals to keep healthcare dollars recirculating locally and support the local, independent business community, including healthcare practitioners. OTHER PROGRAM SERVICES 5: Local First partnered with La Plata County Colorado to administer Small BusinessRelief Program (Senate Bill 20B-001) in order to provide direct relief payments toeligible small businesses and non-profits located in La Plata County in operation since March 16, 2020 with 50 FTE employees or fewer. Grants of $10,000 or less were provided to support businesses located in the county impacted by COVID-19. During 2020 Local First has helped administer over $1,067,831 in pandemic-relieffunding to approximately 150 businesses and nonprofits in La Plata County OTHER PROGRAM SERVICES 6: The American Independent Business Alliance (AMIBA) based in Bozeman, MT was chosen to receive $355,843 from the USDA through the Local Food Promotion Program of the Agricultural Marketing Service. Local First was one of the main administers of the funds locally. The funds supported the launch of the Durango Regional Food Recovery Hub (HUB), which ultimately became the Good Food Collective, its own non-profit with a separate fiscal sponsor. The purpose of the HUB was to increase access to locally-produced agricultural products, develop new market opportunities for farm and ranch operations serving local markets, and increase regional food security. Through efficient harvesting and distribution of gleaned fruit and vegetables, the Hub increased access to local food for low-income families and entrepreneurial businesses, while also reducing conflicts with bears.The geographic scope of the grant was Durango, Colorado, and La Plata and Montezumacounties.

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IRS990/LandBldgEquipCostOrOtherBssAmt017707
IRS990/LegalDomicileStateCd0CO
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The mission of Local First is to help locally-owned, independent business and organizations thrive as they work together to build an economy that values people, the planet and prosperity for everyone.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt028400
IRS990/NetAssetsOrFundBalancesEOYAmt069445
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt028400
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt069445
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt05776
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04787
IRS990/OtherExpensesGrp/Desc0Printing and Publications
IRS990/OtherExpensesGrp/Desc1Program Equip
IRS990/OtherExpensesGrp/Desc2Program expenses
IRS990/OtherExpensesGrp/Desc3Contract services
IRS990/OtherExpensesGrp/TotalAmt020417
IRS990/OtherExpensesGrp/TotalAmt118861
IRS990/OtherExpensesGrp/TotalAmt213433
IRS990/OtherExpensesGrp/TotalAmt311844
IRS990/OtherRevenueMiscGrp/Desc0Other
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01360
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01360
IRS990/OtherRevenueTotalAmt01360
IRS990/OtherSalariesAndWagesGrp/TotalAmt0101037
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt015596
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Emily Bell
IRS990/PriorPeriodAdjustmentsAmt0124
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0Admin Fee
IRS990/ProgramServiceRevenueGrp/Desc1Be Local
IRS990/ProgramServiceRevenueGrp/Desc2Eat Local
IRS990/ProgramServiceRevenueGrp/Desc3Membership Dues & Assessments
IRS990/ProgramServiceRevenueGrp/Desc4Noel Night
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0114975
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt158683
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt212608
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt333193
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt45455
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0114975
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt158683
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt212608
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt333193
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt45455
IRS990/ProgSrvcAccomActy2Grp/Desc0Local First partnered with La Plata County Colorado to administer Small BusinessRelief Program (Senate Bill 20B-001) in order to provide direct relief payments toeligible small businesses and non-profits located in La Plata County in operation since March 16, 2020 with 50 FTE employees or fewer. Grants of $10,000 or less were provided to support businesses located in the county impacted by COVID-19. During 2020 Local First has helped administer over $1,067,831 in pandemic-relieffunding to approximately 150 businesses and nonprofits in La Plata County
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt057743
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01077832
IRS990/ProgSrvcAccomActy3Grp/Desc0Be Local Book - Annual publication and business support program to promote supporting local businesses and educate about local economies. Our theme for 2020/2021 was "Look Local".
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt036953
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt077190
IRS990/PYInvestmentIncomeAmt010
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0121005
IRS990/PYOtherRevenueAmt017025
IRS990/PYProgramServiceRevenueAmt0174579
IRS990/PYRevenuesLessExpensesAmt0-57514
IRS990/PYSalariesCompEmpBnftPaidAmt0205313
IRS990/PYTotalExpensesAmt0326318
IRS990/PYTotalRevenueAmt0268804
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt040921
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt015390
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt01428477
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02284
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015423
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt017707
IRS990ScheduleD/RevenueSubtotalAmt01469398
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02284
IRS990ScheduleD/TotalExpensesPerForm990Amt01428477
IRS990ScheduleD/TotalRevenuePerForm990Amt01469398
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01469398
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01428477
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt01077832
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Various - See attached
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0Various - See attached
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Durango
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd081301
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt017044
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt137957
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Kyrie Hooton
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Monique DiGiorgio
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Former Managing Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Former Managing Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt017044
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt137957
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Other programs and services to members include consumer targeted campaigns such as outreach and mobilization efforts such as working with businesses on social and environmental best practices through the a variety of programs. We provide an online business directory, and reach out to the local media with press releases about sustainable economy issues. In addition, we organize members-only networking and collaboration events. We pulled together key stakeholders in order to form the Durango Creative District to support and build a creative economy and launched the Southwest Health Alliance to increase health literacy and reduce insurance premiums for businesses and individuals to keep healthcare dollars recirculating locally and support the local, independent business community, including healthcare practitioners. OTHER PROGRAM SERVICES 5: Local First partnered with La Plata County Colorado to administer Small BusinessRelief Program (Senate Bill 20B-001) in order to provide direct relief payments toeligible small businesses and non-profits located in La Plata County in operation since March 16, 2020 with 50 FTE employees or fewer. Grants of $10,000 or less were provided to support businesses located in the county impacted by COVID-19. During 2020 Local First has helped administer over $1,067,831 in pandemic-relieffunding to approximately 150 businesses and nonprofits in La Plata County OTHER PROGRAM SERVICES 6: The American Independent Business Alliance (AMIBA) based in Bozeman, MT was chosen to receive $355,843 from the USDA through the Local Food Promotion Program of the Agricultural Marketing Service. Local First was one of the main administers of the funds locally. The funds supported the launch of the Durango Regional Food Recovery Hub (HUB), which ultimately became the Good Food Collective, its own non-profit with a separate fiscal sponsor. The purpose of the HUB was to increase access to locally-produced agricultural products, develop new market opportunities for farm and ranch operations serving local markets, and increase regional food security. Through efficient harvesting and distribution of gleaned fruit and vegetables, the Hub increased access to local food for low-income families and entrepreneurial businesses, while also reducing conflicts with bears.The geographic scope of the grant was Durango, Colorado, and La Plata and Montezumacounties.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members shall be locally-owned, independent businesses and farms, organizations, supporting businesses and individuals who are committed to the purposes of the corporation as outlined in Article 2 of the bylaws.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A copy of Form 990 is provided to the board for review and approval prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3In situations where directors, staff, or agents of corporation, or their extended family members, stand to gain material benefit or suffer material loss from a decision of the corporation, that person shall: a) immediately inform the party charged with making the decision b) help the party making the decision by disclosing any material facts related to the decision c) recusing themselves from the discussion and, if necessary, the casting of votes on the decision.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation of managing director is determined based on review of compensation for similar organizations in La Plata county; which is then reviewed by the executive committee and presented to the board for approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Documents are made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt055423
IRS990/TotalAssetsEOYAmt0190845
IRS990/TotalAssetsGrp/BOYAmt055423
IRS990/TotalAssetsGrp/EOYAmt0190845
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01239097
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01428477

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