Civic Intelligence

Greater Raton Economic Development Corporation

990EZ • Fiscal year 2020 • EIN 27-3607510

Jan 01, 2020 to Dec 31, 2020 • Filed on May 05, 2021

PO Box 1753Raton, NM 87740

(575) 245-4769

Siviq Scores

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

Liabilities / Assets

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • NTEE S30 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

48th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • NTEE S • <$500k nonprofits • Source year 2020

Net Margin

79th percentile

32%

Higher net margin than 79% of similar nonprofits.

2020 filings • NTEE S30 • <$500k nonprofits • Source year 2020

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • NTEE S30 • <$500k nonprofits • Source year 2020

Asset Growth

66th percentile

25%

Faster asset growth than 66% of similar nonprofits.

2020 filings • NTEE S30 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

32nd percentile

-33%

Faster revenue growth than 32% of similar nonprofits.

2020 filings • NTEE S30 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$77,120

Up $15,303 (+25%) from 2019

Net Assets

Up

$77,120

Up $17,543 (+29%) from 2019

Liabilities

Down

$0

Down $2,240 (-100%) from 2019

Revenue

Down

$63,051

Down $31,207 (-33%) from 2019

Expenses

Down

$43,062

Down $47,075 (-52%) from 2019

Net Income

Up

$19,989

Up $15,868 (+385%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2017: $47,471Liabilities 2017: $150Net Assets 2017: $47,3212017Assets 2018: $58,904Liabilities 2018: $3,448Net Assets 2018: $55,4562018Assets 2019: $61,817Liabilities 2019: $2,240Net Assets 2019: $59,5772019Assets 2020: $77,120Liabilities 2020: $0Net Assets 2020: $77,1202020Assets 2021: $112,839Liabilities 2021: $243Net Assets 2021: $112,5962021Assets 2022: $101,368Liabilities 2022: $108Net Assets 2022: $101,2602022Assets 2023: $148,745Net Assets 2023: $148,7452023Assets 2024: $60,453Net Assets 2024: $60,4532024

Highlighted filing

2020

Assets$77,120
Liabilities$0
Net Assets$77,120

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2017: $15,327Expenses 2017: $19,027Net Income 2017: -$3,7002017Revenue 2018: $59,611Expenses 2018: $51,476Net Income 2018: $8,1352018Revenue 2019: $94,258Expenses 2019: $90,137Net Income 2019: $4,1212019Revenue 2020: $63,051Expenses 2020: $43,062Net Income 2020: $19,9892020Revenue 2021: $99,045Expenses 2021: $63,569Net Income 2021: $35,4762021Revenue 2022: $67,749Expenses 2022: $79,085Net Income 2022: -$11,3362022Revenue 2023: $106,919Expenses 2023: $58,460Net Income 2023: $48,4592023Revenue 2024: $34,135Expenses 2024: $111,272Net Income 2024: -$77,1372024

Highlighted filing

2020

Revenue$63,051
Expenses$43,062
Net Income$19,989
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 5, 2021
Return Version
2020v4.1
Gross Receipts
$63,051
Mission and Program Overview

Mission

SEE SCHEDULE 0

The organization seeks to transform the economically distressed greater Raton, NM area into a vibrant community with a prosperous and sustainable economy

Program Services

DescriptionGrantsExpenses
Rural Capacity Building-Grant to hire Community Coordinator to provide technical assistance to help businesses and entrepreneurs with marketing strategies$12,137$17,271
Beautification Coalition-Local businesses and foundations in the town of Raton contributed towards hanging flowers and flags that enhanced the beauty of the town to encourage tourists to stop and shop at local businesses. Contractor was hired to apply the required watering and maintenance of the 50 hanging containers and multiple curb side planters.$0$15,459
Growing Great Kids-Grants were received to pay a coordinator to develop and implement early childhood education programs for young parents. Early reading skills were supported through enrollment with the Dolly Parton's Imagination Library program.$0$1,232
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathleen R HarrisPresidentPT$0--
David StaffordVice President-$0--
Lois RomeroSecretary-$0--
David P WentlingTreasurer-$0--
Wendy MiletaDirector-$0--
Devin BartonDirector-$0--
Filing and Contact Details

Filer

Filer Name
Greater Raton Economic Development
EIN
27-3607510
Phone
5752454769
Address
PO Box 1753, Raton, NM 87740

Signing Officer

Name
Kathleen Harris
Title
President
Phone
5752454769
Signed
2021-05-05
Discuss with paid preparer
Yes

Preparer

Firm
George & Gonzales CPAs PC
Address
PO Box 339, Raton, NM 87740-0339
Preparer
Jerica L Gonzales
Phone
5754458458
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

Description: Dividend income. Amount: 846.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Insurance. Amount: 1,758. Description: Supplies. Amount: 650. Description: Website fees. Amount: 119. Description: Travel and meetings. Amount: 463. Description: Materials-program. Amount: 12,175. Description: Advertising. Amount: 764. Description: Business expenses. Amount: 291. Description: Other expense. Amount: 1,516. Description: Payroll taxes. Amount: 413. Description: Staff development. Amount: 2,213. Total to Form 990-EZ, line 16: 20,362.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: Marketable securities-at cost. Beg. of Year Amount: 27,493. End of Year Amount: 27,493.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: Credit card payable. Beg. of Year Amount: 1,627. End of Year Amount: 0. Description: Taxes payable. Beg. of Year Amount: 613. End of Year Amount: 0.

Raw XML Appendix183 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum05752454769
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01303 Calle de la Luna
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Raton
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd087740
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kathleen R Harris
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1David Stafford
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Lois Romero
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3David P Wentling
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Wendy Mileta
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Devin Barton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt027493
IRS990EZ/OtherAssetsTotalDetail/EOYAmt027493
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt020362
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The organization seeks to transform the economically distressed greater Raton, NM area into a vibrant community with a prosperous and sustainable economy
IRS990EZ/PrintingPublicationsPostageAmt0165
IRS990EZ/ProgramServiceRevenueAmt035708
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Growing Great Kids-Grants were received to pay a coordinator to develop and implement early childhood education programs for young parents. Early reading skills were supported through enrollment with the Dolly Parton's Imagination Library program.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Beautification Coalition-Local businesses and foundations in the town of Raton contributed towards hanging flowers and flags that enhanced the beauty of the town to encourage tourists to stop and shop at local businesses. Contractor was hired to apply the required watering and maintenance of the 50 hanging containers and multiple curb side planters.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Rural Capacity Building-Grant to hire Community Coordinator to provide technical assistance to help businesses and entrepreneurs with marketing strategies
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt115459
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt217271
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SalariesOtherCompEmplBnftAmt04778
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TotalRevenueAmt063051
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.growraton.org
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt090717
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt058568
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt014362
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt038015
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0263867
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0846
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt038015
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0263867
IRS990ScheduleA/TotalSupportAmt0271265
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Dividend income. Amount: 846.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Insurance. Amount: 1,758. Description: Supplies. Amount: 650. Description: Website fees. Amount: 119. Description: Travel and meetings. Amount: 463. Description: Materials-program. Amount: 12,175. Description: Advertising. Amount: 764. Description: Business expenses. Amount: 291. Description: Other expense. Amount: 1,516. Description: Payroll taxes. Amount: 413. Description: Staff development. Amount: 2,213. Total to Form 990-EZ, line 16: 20,362.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Marketable securities-at cost. Beg. of Year Amount: 27,493. End of Year Amount: 27,493.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: Credit card payable. Beg. of Year Amount: 1,627. End of Year Amount: 0. Description: Taxes payable. Beg. of Year Amount: 613. End of Year Amount: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Kathleen Harris
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05752454769
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Greater Raton Economic Development
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Corporation
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0273607510
ReturnHeader/Filer/PhoneNum05752454769
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1753
ReturnHeader/Filer/USAddress/CityNm0Raton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087740
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823497406
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0George & Gonzales CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 339
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Raton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0877400339
ReturnHeader/PreparerPersonGrp/PhoneNum05754458458
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jerica L Gonzales
ReturnHeader/ReturnTs02021-05-14T13:02:02-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Kathleen
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Harris
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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