Civic Intelligence

Bonner County Economic Development Corp

990EZ • Fiscal year 2021 • EIN 82-0526763

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

PO Box 1523Sandpoint, ID 83864

(208) 265-6402

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Higher debt load relative to assets than 49% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

54th percentile

0.01x

Higher debt load relative to revenue than 54% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

7th percentile

-64%

Higher net margin than 7% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

16th percentile

-16%

Faster asset growth than 16% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-85%

Faster revenue growth than 4% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$87,421

Down $17,211 (-16%) from 2020

Net Assets

Down

$87,086

Down $17,122 (-16%) from 2020

Liabilities

Down

$335

Down $89 (-21%) from 2020

Revenue

Down

$26,564

Down $145,414 (-85%) from 2020

Expenses

Down

$43,686

Down $56,518 (-56%) from 2020

Net Income

Down

-$17,122

Down $88,896 (-124%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $36,242Liabilities 2011: $10,0012011Assets 2012: $17,930Liabilities 2012: $6,4482012Assets 2013: $17,612Liabilities 2013: $952Net Assets 2013: $16,6602013Assets 2014: $18,347Liabilities 2014: $42Net Assets 2014: $18,3052014Assets 2015: $49,879Net Assets 2015: $49,8792015Assets 2016: $19,923Liabilities 2016: $1,581Net Assets 2016: $18,3422016Assets 2017: $40,613Liabilities 2017: $2,210Net Assets 2017: $38,4032017Assets 2018: $18,408Liabilities 2018: $2,492Net Assets 2018: $15,9162018Assets 2019: $33,258Liabilities 2019: $824Net Assets 2019: $32,4342019Assets 2020: $104,632Liabilities 2020: $424Net Assets 2020: $104,2082020Assets 2021: $87,421Liabilities 2021: $335Net Assets 2021: $87,0862021Assets 2022: $108,916Liabilities 2022: $5,999Net Assets 2022: $102,9172022Assets 2023: $56,136Liabilities 2023: $1,845Net Assets 2023: $54,2912023Assets 2024: $41,827Liabilities 2024: $1,849Net Assets 2024: $39,9782024

Highlighted filing

2021

Assets$87,421
Liabilities$335
Net Assets$87,086

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $86,782Expenses 2011: $92,635Net Income 2011: -$5,8532011Revenue 2012: $82,002Expenses 2012: $96,762Net Income 2012: -$14,7602012Revenue 2013: $84,083Expenses 2013: $78,905Net Income 2013: $5,1782013Revenue 2014: $53,900Expenses 2014: $52,255Net Income 2014: $1,6452014Revenue 2015: $63,701Expenses 2015: $32,127Net Income 2015: $31,5742015Revenue 2016: $35,850Expenses 2016: $67,389Net Income 2016: -$31,5392016Revenue 2017: $96,130Expenses 2017: $76,068Net Income 2017: $20,0622017Revenue 2018: $131,000Expenses 2018: $153,491Net Income 2018: -$22,4912018Revenue 2019: $77,346Expenses 2019: $60,828Net Income 2019: $16,5182019Revenue 2020: $171,978Expenses 2020: $100,204Net Income 2020: $71,7742020Revenue 2021: $26,564Expenses 2021: $43,686Net Income 2021: -$17,1222021Revenue 2022: $40,250Expenses 2022: $24,419Net Income 2022: $15,8312022Revenue 2023: $52,411Expenses 2023: $101,036Net Income 2023: -$48,6252023Revenue 2024: $78,988Expenses 2024: $93,301Net Income 2024: -$14,3132024

Highlighted filing

2021

Revenue$26,564
Expenses$43,686
Net Income-$17,122
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$26,564
Mission and Program Overview

Mission

The mission of the organization is to work with others to develop a vibrant economy of diverse businesses and industries that offer quality job opportunities and help build prosperity for all in bonner county.

Program Services

DescriptionGrantsExpenses
IN 2021, THE BONNER COUNTY ECONOMIC DEVELOPMENT PUT OUT AN RFP TO CONDUCT AN ECONOMIC STRATEGIC PLAN FOR BONNER COUNTY. THIS WAS SPONSORED BY THE CITY OF SANDPOINT AND HOSTED BY BCEDC. THE RFP WAS AWARDED AND THE CONSULTANT COMPLETED THE RESEARCH, OUTREACH, AND DELIVERABLES IN 2021. STRATEGIC PLANNING WORKSHOPS WERE SCHEDULED FOR EARLY 2022 WHICH WOULD RESULT IN A FINALIZED BONNER COUNTY ECONOMIC DEVELOPMENT STRATEGIC PLAN COMPLETE WITH CORE PRINCIPLES, FOCUS, AND DEVELOPED STRATEGIC PRIORITIES, INITIATIVES, AND ACTION ITEMS. IN 2021, BCEDC FINALIZED IT'S OUTREACH PROGRAM FOR BUSINESS OWNERS AFFECTED BY COVID-19 AND PROVIDED OVER 80K (2020-2021) IN COLLABORATION FUNDING TO ASSIST BUSINESS LOOKING TO PIVOT THEIR BUSINESS MODELS, BROADEN THEIR MARKET, OR OTHER FACTORS THAT MAY HAVE DISRUPTED THEIR BUSINESS DUE TO COVID EFFECTS ON THE ECONOMY.-$32,218
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RYAN ROBINSONDirector-$0--
SHERYL RICKARDDirector-$0--
ERIC PAULLOfficer-$0--
COLIN MCLEMOREDirector-$0--
TODD PRESCOTTDirector-$0--
JEFF CONNOLLYDirector-$0--
KARI SACCOMONNODirector-$0--
WALLY JACOBSONDirector-$0--
ANDREA MARCOCCIOExecutive DiPT$0--
SHELBY ROGNSTADDirector-$0--
ROD ENGELOfficer-$0--
KRISSY PECKOfficer-$0--
KELLY HENDRYDirector-$0--
LARRY STAUFFERDirector-$0--
CURTIS JOHNSONDirector-$0--
DOUG HAWKINS JRDirector-$0--
Filing and Contact Details

Filer

Filer Name
Bonner County Economic Development
EIN
82-0526763
Phone
2082656402
Address
PO BOX 1523, SANDPOINT, ID 83864

Signing Officer

Name
Andrea Marcoccio
Title
Executive Director
Phone
2082656402
Signed
2022-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Williams & Schiller Pc
Address
708 SUPERIOR ST STE A, SANDPOINT, ID 83864-1656
Preparer
Brad J Williams Cpapfs
Phone
2082655959
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising/marketing 505 postage 188 office supplies 252 insurance 755 bank charges 159 other expenses 2,572 non-investment depreciation 83 total 4,514

Form 990-ez, Part II, Line 24

Accounts receivable 45,750 16,500 leasehold imp & office equipment 10,871 10,871 less accumulated depreciation 9,274 9,357 total 47,347 18,014

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 424 335

Form 990-ez, Part III

The mission of the organization is to work with others to develop a vibrant economy of diverse businesses and industries that offer quality job opportunities and help build prosperity for all in bonner county.

Form 990-ez, Part III, Line 28

In 2021, the bonner county economic development put out an rfp to conduct an economic strategic plan for bonner county. This was sponsored by the city of sandpoint and hosted by bcedc. The rfp was awarded and the consultant completed the research, outreach, and deliverables in 2021. Strategic planning workshops were scheduled for early 2022 which would result in a finalized bonner county economic development strategic plan complete with core principles, focus, and developed strategic priorities, initiatives, and action items. In 2021, bcedc finalized it's outreach program for business owners affected by covid-19 and provided over 80k (2020-2021) in collaboration funding to assist business looking to pivot their business models, broaden their market, or other factors that may have disrupted their business due to covid effects on the economy.

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

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING/MARKETING 505 POSTAGE 188 OFFICE SUPPLIES 252 INSURANCE 755 BANK CHARGES 159 OTHER EXPENSES 2,572 NON-INVESTMENT DEPRECIATION 83 TOTAL 4,514
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 45,750 16,500 LEASEHOLD IMP & OFFICE EQUIPMENT 10,871 10,871 LESS ACCUMULATED DEPRECIATION 9,274 9,357 TOTAL 47,347 18,014
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 424 335
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MISSION OF THE ORGANIZATION IS TO WORK WITH OTHERS TO DEVELOP A VIBRANT ECONOMY OF DIVERSE BUSINESSES AND INDUSTRIES THAT OFFER QUALITY JOB OPPORTUNITIES AND HELP BUILD PROSPERITY FOR ALL IN BONNER COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN 2021, THE BONNER COUNTY ECONOMIC DEVELOPMENT PUT OUT AN RFP TO CONDUCT AN ECONOMIC STRATEGIC PLAN FOR BONNER COUNTY. THIS WAS SPONSORED BY THE CITY OF SANDPOINT AND HOSTED BY BCEDC. THE RFP WAS AWARDED AND THE CONSULTANT COMPLETED THE RESEARCH, OUTREACH, AND DELIVERABLES IN 2021. STRATEGIC PLANNING WORKSHOPS WERE SCHEDULED FOR EARLY 2022 WHICH WOULD RESULT IN A FINALIZED BONNER COUNTY ECONOMIC DEVELOPMENT STRATEGIC PLAN COMPLETE WITH CORE PRINCIPLES, FOCUS, AND DEVELOPED STRATEGIC PRIORITIES, INITIATIVES, AND ACTION ITEMS. IN 2021, BCEDC FINALIZED IT'S OUTREACH PROGRAM FOR BUSINESS OWNERS AFFECTED BY COVID-19 AND PROVIDED OVER 80K (2020-2021) IN COLLABORATION FUNDING TO ASSIST BUSINESS LOOKING TO PIVOT THEIR BUSINESS MODELS, BROADEN THEIR MARKET, OR OTHER FACTORS THAT MAY HAVE DISRUPTED THEIR BUSINESS DUE TO COVID EFFECTS ON THE ECONOMY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/ReturnTs02022-11-15T13:11:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.42$0.02$0.40$0.79$0.93$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.56$0.02$0.54$0.52$1.01$0.49
2022Detailed filing. Detailed filing data is available for this year.$1.09$0.06$1.03$0.40$0.24$0.16
2021Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.27$0.44$0.17
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.04$1.72$1.00$0.72
2019Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$0.77$0.61$0.17
2018Detailed filing. Detailed filing data is available for this year.$0.18$0.02$0.16$1.31$1.53$0.22
2017Detailed filing. Detailed filing data is available for this year.$0.41$0.02$0.38$0.96$0.76$0.20
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.02$0.18$0.36$0.67$0.32
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.50$0.64$0.32$0.32
2014Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.54$0.52$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.17$0.84$0.79$0.05
2012Summary only. Only limited summary data is available for this year.$0.18$0.06$0.82$0.97$0.15
2011Summary only. Only limited summary data is available for this year.$0.36$0.10$0.87$0.93$0.06