Civic Intelligence

Preferred Lending Partners

EIN 74-2363487 • 501(c)3 • Lakewood, CO

Profile

Preferred lending partners was organized for the purpose of furthering economic development for the state of colorado by promoting and assisting the growth and development of new and existing businesses.

575 Union Blvd Suite 202Lakewood, CO 80228

www.preferredlendingpartners.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

68th percentile

0.22x

Higher debt load relative to assets than 68% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

72nd percentile

0.27x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

58th percentile

8.3%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

94th percentile

$280,112

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 21.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

60th percentile

7.3%

Faster asset growth than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

44th percentile

4.1%

Faster revenue growth than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,635,006

Up $111,034 (+7.3%) from 2024

Liabilities

Up

$355,303

Up $27,946 (+8.5%) from 2024

Net Assets

Up

$1,279,703

Up $83,088 (+6.9%) from 2024

Revenue

Up

$1,333,623

Up $51,947 (+4.1%) from 2024

Expenses

Up

$1,223,449

Up $49,517 (+4.2%) from 2024

Net Income

Up

$110,174

Up $2,430 (+2.3%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $700,429Liabilities 2011: $447,017Net Assets 2011: $253,4122011Assets 2012: $685,358Liabilities 2012: $439,848Net Assets 2012: $245,5102012Assets 2013: $728,951Liabilities 2013: $463,283Net Assets 2013: $265,6682013Assets 2014: $709,382Liabilities 2014: $390,736Net Assets 2014: $318,6462014Assets 2015: $775,412Liabilities 2015: $361,872Net Assets 2015: $413,5402015Assets 2016: $941,340Liabilities 2016: $445,489Net Assets 2016: $495,8512016Assets 2017: $1,470,633Liabilities 2017: $995,698Net Assets 2017: $474,9352017Assets 2018: $1,178,641Liabilities 2018: $959,141Net Assets 2018: $219,5002018Assets 2019: $696,354Liabilities 2019: $146,939Net Assets 2019: $549,4152019Assets 2020: $857,963Liabilities 2020: $179,639Net Assets 2020: $678,3242020Assets 2021: $1,333,957Liabilities 2021: $124,044Net Assets 2021: $1,209,9132021Assets 2022: $1,354,948Liabilities 2022: $335,754Net Assets 2022: $1,019,1942022Assets 2023: $1,254,237Liabilities 2023: $165,366Net Assets 2023: $1,088,8712023Assets 2024: $1,523,972Liabilities 2024: $327,357Net Assets 2024: $1,196,6152024Assets 2025: $1,635,006Liabilities 2025: $355,303Net Assets 2025: $1,279,7032025

Highlighted filing

2025

Assets$1,635,006
Liabilities$355,303
Net Assets$1,279,703

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,154,478Expenses 2011: $794,662Net Income 2011: $359,8162011Revenue 2012: $801,401Expenses 2012: $809,303Net Income 2012: -$7,9022012Revenue 2013: $877,041Expenses 2013: $856,883Net Income 2013: $20,1582013Revenue 2014: $906,169Expenses 2014: $853,191Net Income 2014: $52,9782014Revenue 2015: $934,312Expenses 2015: $839,418Net Income 2015: $94,8942015Revenue 2016: $931,874Expenses 2016: $849,563Net Income 2016: $82,3112016Revenue 2017: $1,083,630Expenses 2017: $1,104,546Net Income 2017: -$20,9162017Revenue 2018: $1,196,496Expenses 2018: $1,451,931Net Income 2018: -$255,4352018Revenue 2019: $1,303,359Expenses 2019: $973,443Net Income 2019: $329,9162019Revenue 2020: $1,009,760Expenses 2020: $880,851Net Income 2020: $128,9092020Revenue 2021: $1,525,392Expenses 2021: $993,803Net Income 2021: $531,5892021Revenue 2022: $1,342,208Expenses 2022: $1,532,927Net Income 2022: -$190,7192022Revenue 2023: $1,151,595Expenses 2023: $1,081,918Net Income 2023: $69,6772023Revenue 2024: $1,281,676Expenses 2024: $1,173,932Net Income 2024: $107,7442024Revenue 2025: $1,333,623Expenses 2025: $1,223,449Net Income 2025: $110,1742025

Highlighted filing

2025

Revenue$1,333,623
Expenses$1,223,449
Net Income$110,174

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.64$0.36$1.28$1.33$1.22$0.11
2024Detailed filing. Detailed filing data is available for this year.$1.52$0.33$1.20$1.28$1.17$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.17$1.09$1.15$1.08$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.35$0.34$1.02$1.34$1.53$0.19
2021Detailed filing. Detailed filing data is available for this year.$1.33$0.12$1.21$1.53$0.99$0.53
2020Summary only. Only limited summary data is available for this year.$0.86$0.18$0.68$1.01$0.88$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.70$0.15$0.55$1.30$0.97$0.33
2018Detailed filing. Detailed filing data is available for this year.$1.18$0.96$0.22$1.20$1.45$0.26
2017Summary only. Only limited summary data is available for this year.$1.47$1.00$0.47$1.08$1.10$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.94$0.45$0.50$0.93$0.85$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.78$0.36$0.41$0.93$0.84$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.71$0.39$0.32$0.91$0.85$0.05
2013Summary only. Only limited summary data is available for this year.$0.73$0.46$0.27$0.88$0.86$0.02
2012Summary only. Only limited summary data is available for this year.$0.69$0.44$0.25$0.80$0.81$0.01
2011Summary only. Only limited summary data is available for this year.$0.70$0.45$0.25$1.15$0.79$0.36
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Mar 24, 2025
Return Version
2024v5.0
Gross Receipts
$1,333,623
Mission and Program Overview

Mission

Preferred lending partners was organized for the purpose of furthering economic development for the state of colorado by promoting and assisting the growth and development of new and existing businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,287,502$1,427,166▲ $139,664
Accounts Receivable$118,488$109,819▼ $8,669
Pledges and Grants Receivable$1,533$6,873▲ $5,340
Prepaid Expenses and Deferred Charges$4,070$4,070→ $0
Land, Buildings, and Equipment, Net$5,194$2,597▼ $2,597
Total Assets$1,523,972$1,635,006▲ $111,034
Other Assets Total$107,185$84,481▼ $22,704
Liabilities
Accounts Payable and Accrued Expenses$207,972$264,805▲ $56,833
Other Liabilities$119,385$90,498▼ $28,887
Total Liabilities$327,357$355,303▲ $27,946
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,196,615$1,279,703▲ $83,088
Total Net Assets Fund Balance$1,196,615$1,279,703▲ $83,088
Total Liabilities and Net Assets / Fund Balance$1,523,972$1,635,006▲ $111,034

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,597$13,506$16,103
Other Assets Org$3,358--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian P DevlinExecutive DiFT$257,487$22,625$280,112
Brian P DevlinExecutive Dir/VP-$257,487$22,625$280,112
Juliene WynnDirector ofFT$136,196$9,161$145,357
Laura FarleyChief of CREFT$106,177$17,777$123,954

Board Members and Trustees

NameTitle
Sam StookeyPresident
Bill SchneiderDirector
Cari S ClaytonDirector
Gary GomulinskiDirector
Kenneth AllenDirector
Mark MolenDirector
Patrick HenryDirector
Steve FajardoSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$171,745
Program Service Revenue
$1,128,081
Investment Income
$33,797
Other Revenue
$0
Change in Net Assets
$110,174

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,333,623
Total Revenue per Audited Statements
$1,333,623
Total Revenue per Form 990
$1,333,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$937,908
Other Expenses$285,541
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$442,286$81,104-$523,390
Current Officers, Directors, Trustees, and Key Employees$247,890$46,517-$294,407
Information Technology$75,235$14,012-$89,247
Payroll Taxes$52,467$9,846-$62,313
Other Employee Benefits$37,519$7,040-$44,559
Fees for Services Other$36,480$6,438-$42,918
Office Expenses$22,171$4,227-$26,398
Occupancy$21,794$2,972-$24,766
Insurance$14,022$2,592-$16,614
Fees for Services Accounting-$14,227-$14,227
Pension Plan Contributions$11,148$2,091-$13,239
Travel$7,055$1,265-$8,320
Depreciation Depletion$6,782$1,263-$8,045
Advertising$7,311$344-$7,655
Fees for Services Legal-$4,028-$4,028
Other Expenses$1,630$825-$1,630
All Other Expenses$1,338--$1,338
Total Functional Expenses$1,021,728$201,721$0$1,223,449

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,223,449
Total Expenses per Audited Statements$1,223,449
Total Expenses per Form 990$1,223,449
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$87,140
Finance Lease Liability$3,358
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, Page 6, Part VI, Line 2

Brian devlin cari clayton exec dir board member spousal

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed and approved by board members and the executive director prior to filing with the irs.

Form 990, Page 6, Part VI, Line 12C

The board of directors discusses the conflict of interest policy at least annually to ensure compliance.

Form 990, Page 6, Part VI, Line 15A

The compensation for the executive director was determined by comparing the compensation to employees in similar positions at other similar not-for- profit orrganizations. The board of directors approves the compensation package for the executive director, along with all other employees.

Form 990, Page 6, Part VI, Line 15B

Compensation packages for all employees are determined by comparing the compensation to employees in similar positions at other similar not-for- profit organzations. The board of directors approves the compensation packages for all employees.

Form 990, Page 6, Part VI, Line 19

Governing and financial documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Preferred Lending Partners
EIN
74-2363487
Phone
3038614100
Address
575 UNION BLVD SUITE 202, LAKEWOOD, CO 80228

Signing Officer

Name
Brian P Devlin
Title
Executive Dir/VP
Phone
3038614100
Signed
2025-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian P Devlin
Formed
1984
Legal Domicile
Co
Voting Board Members
9
Independent Board Members
8
Employees
6

Preparer

Firm
Taylor Roth and Company
Address
1580 LINCOLN ST STE 520, DENVER, CO 80203-1517
Preparer
Ken Roth
Phone
3038308109
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BRIAN P DEVLIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIR/VP
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BRIAN DEVLIN CARI CLAYTON EXEC DIR BOARD MEMBER SPOUSAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED AND APPROVED BY BOARD MEMBERS AND THE EXECUTIVE DIRECTOR PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS DISCUSSES THE CONFLICT OF INTEREST POLICY AT LEAST ANNUALLY TO ENSURE COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION FOR THE EXECUTIVE DIRECTOR WAS DETERMINED BY COMPARING THE COMPENSATION TO EMPLOYEES IN SIMILAR POSITIONS AT OTHER SIMILAR NOT-FOR- PROFIT ORRGANIZATIONS. THE BOARD OF DIRECTORS APPROVES THE COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR, ALONG WITH ALL OTHER EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION PACKAGES FOR ALL EMPLOYEES ARE DETERMINED BY COMPARING THE COMPENSATION TO EMPLOYEES IN SIMILAR POSITIONS AT OTHER SIMILAR NOT-FOR- PROFIT ORGANZATIONS. THE BOARD OF DIRECTORS APPROVES THE COMPENSATION PACKAGES FOR ALL EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING AND FINANCIAL DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false

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