Civic Intelligence

La Plata County Energy Council Inc

990 • Fiscal year 2024 • EIN 84-1473629

Jan 01, 2024 to Dec 31, 2024 • Filed on Feb 05, 2025

PO Box 3833Durango, CO 81302

(970) 769-2416

Siviq Scores

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

Liabilities / Assets

45th percentile

0.00x

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

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

45th percentile

0.00x

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

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

92nd percentile

36%

Higher net margin than 92% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

95th percentile

$90,254

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 20.3% of source-year revenue.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

97th percentile

155%

Faster asset growth than 97% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

12%

Faster revenue growth than 64% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$224,532

Up $136,367 (+155%) from 2023

Net Assets

Up

$224,532

Up $136,367 (+155%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Up

$443,784

Up $45,993 (+12%) from 2023

Expenses

Down

$283,669

Down $157,098 (-36%) from 2023

Net Income

Up

$160,115

Up $203,091 (+473%) from 2023

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $265,056Liabilities 2011: $0Net Assets 2011: $265,0562011Assets 2012: $293,318Liabilities 2012: $0Net Assets 2012: $293,3182012Assets 2013: $228,940Liabilities 2013: $0Net Assets 2013: $228,9402013Assets 2014: $326,050Liabilities 2014: $0Net Assets 2014: $326,0502014Assets 2015: $322,654Liabilities 2015: $0Net Assets 2015: $322,6542015Assets 2016: $330,585Liabilities 2016: $0Net Assets 2016: $330,5852016Assets 2017: $304,628Liabilities 2017: $0Net Assets 2017: $304,6282017Assets 2018: $290,642Liabilities 2018: $0Net Assets 2018: $290,6422018Assets 2019: $182,256Liabilities 2019: $0Net Assets 2019: $182,2562019Assets 2020: $293,940Liabilities 2020: $0Net Assets 2020: $293,9402020Assets 2021: $168,710Liabilities 2021: $0Net Assets 2021: $168,7102021Assets 2022: $131,141Liabilities 2022: $0Net Assets 2022: $131,1412022Assets 2023: $88,165Liabilities 2023: $0Net Assets 2023: $88,1652023Assets 2024: $224,532Liabilities 2024: $0Net Assets 2024: $224,5322024Assets 2025: $81,184Liabilities 2025: $0Net Assets 2025: $81,1842025

Highlighted filing

2024

Assets$224,532
Liabilities$0
Net Assets$224,532

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $538,249Expenses 2011: $540,554Net Income 2011: -$2,3052011Revenue 2012: $608,319Expenses 2012: $580,057Net Income 2012: $28,2622012Revenue 2013: $307,412Expenses 2013: $371,790Net Income 2013: -$64,3782013Revenue 2014: $778,233Expenses 2014: $681,123Net Income 2014: $97,1102014Revenue 2015: $391,309Expenses 2015: $394,705Net Income 2015: -$3,3962015Revenue 2016: $274,205Expenses 2016: $266,274Net Income 2016: $7,9312016Revenue 2017: $287,024Expenses 2017: $312,981Net Income 2017: -$25,9572017Revenue 2018: $266,402Expenses 2018: $280,387Net Income 2018: -$13,9852018Revenue 2019: $226,929Expenses 2019: $335,314Net Income 2019: -$108,3852019Revenue 2020: $398,295Expenses 2020: $286,611Net Income 2020: $111,6842020Revenue 2021: $333,839Expenses 2021: $459,069Net Income 2021: -$125,2302021Revenue 2022: $368,375Expenses 2022: $405,944Net Income 2022: -$37,5692022Revenue 2023: $397,791Expenses 2023: $440,767Net Income 2023: -$42,9762023Revenue 2024: $443,784Expenses 2024: $283,669Net Income 2024: $160,1152024Revenue 2025: $217,006Expenses 2025: $360,354Net Income 2025: -$143,3482025

Highlighted filing

2024

Revenue$443,784
Expenses$283,669
Net Income$160,115
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 5, 2025
Return Version
2024v5.0
Gross Receipts
$443,784
Mission and Program Overview

Mission

The Energy Council is a non-profit trade organization that promotes safe and responsible natural gas development in La Plata County, Colorado. Individual and company members work to build community relations, increase public understanding, and address public issues relative to the industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$88,165$224,532▲ $136,367
Rtn Earn Endowment Incm Other Fnds$88,165$224,532▲ $136,367
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$88,165$224,532▲ $136,367
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$88,165$224,532▲ $136,367
Total Liabilities and Net Assets / Fund Balance$88,165$224,532▲ $136,367
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michelina PaulekExecutive DirectorFT$90,254$90,254
Revenue and Support

Revenue Composition

Contributions and Grants
$245,738
Program Service Revenue
$198,046
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$160,115
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$167,736
Salaries, Compensation, and Employee Benefits$90,254
Professional Fundraising Fees$16,179
Total Fundraising Expense$16,179
Grants and Similar Amounts Paid$9,500

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$90,254-$90,254
Fees for Services Professional Fundraising--$16,179$16,179
Grants to Domestic Individuals$8,500--$8,500
Other Expenses$131,233$3,204-$3,204
All Other Expenses-$2,121-$2,121
Fees for Services Accounting-$1,800-$1,800
Grants to Domestic Orgs$1,000--$1,000
Travel-$650-$650
Office Expenses-$365-$365
Total Functional Expenses$140,733$126,757$16,179$283,669
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$16,179

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Community Fundraiser$42,964---
Total Events$42,964---
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The corporation has one class of members. Membership is open to all who participate in the exploration, production development, refining, transportation and marketing of La Plata County, Colorado oil and gas, or who otherwise subscribe to the purpose of the corporation. Eligible persons or entities become members of the corporation by paying dues as established by the Board of Directors. Dues shall be for a calendar year. The Board may from time to time by Resolution determine the date at which a member ceases to be a member because of failure to pay dues for the current calendar year.

Form 990, Part VI, Section B, Line 11B

The Corporation has determined that the Secretary/Treasurer is responsible for the supervision of the accounting functions and the preparation of the Form 990. The Secretary/Treasurer reviews the Form 990 and signs it before it is mailed to the Internal Revenue Service.

Form 990, Part VI, Section C, Line 19

The Corporation makes its governing documents and its in house prepared financial statements available to the public upon their request. The Executive Director has these documents and is authorized to show them to any one who inquires.

Filing and Contact Details

Filer

Filer Name
Energy Council
EIN
84-1473629
Phone
9707692416
Address
PO Box 3833, Durango, CO 81302

Signing Officer

Name
Christy Kost IVAK Energy
Title
President & CEO
Signed
2025-02-05

Organization Details

Principal Officer
Christy Kost IVAK Energy
Formed
1998
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
R Thomas Meadows CPA
Address
270 E College Drive Suite 101, Durango, CO 81301
Preparer
R Thomas Meadows CPA
Phone
9702471390
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Prior year billable voids/general ledger clean up = -$23748

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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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IRS990/Form990PartVIISectionAGrp/PersonNm10Ryan Tracy IKAV Energy
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Christy Kost IVAK Energy
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/BusinessCd0811000
IRS990/ProgramServiceRevenueGrp/Desc0Roads
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0198046
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0198046
IRS990/ProgSrvcAccomActy2Grp/Desc0Maintenance of private roads which are used by homeowners to access their homes, and also used by companies who are in the natural gas industry to maintain their wells. Good Neighbor Policy.
IRS990/ProgSrvcAccomActy3Grp/Desc0Education of Public
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0101969
IRS990/PYGrantsAndSimilarPaidAmt05000
IRS990/PYInvestmentIncomeAmt02
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0360767
IRS990/PYProgramServiceRevenueAmt0295820
IRS990/PYRevenuesLessExpensesAmt0-42976
IRS990/PYSalariesCompEmpBnftPaidAmt075000
IRS990/PYTotalExpensesAmt0440767
IRS990/PYTotalRevenueAmt0397791
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0160115
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt088165
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0224532
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt042964
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt042964
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Community Fundraiser
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt042964
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt042964
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt02000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt12000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt24500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Luna Community College scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Fort Lewis College scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Colorado Mesa University scholarshi
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3Seattle University scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt22
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt31
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The corporation has one class of members. Membership is open to all who participate in the exploration, production development, refining, transportation and marketing of La Plata County, Colorado oil and gas, or who otherwise subscribe to the purpose of the corporation. Eligible persons or entities become members of the corporation by paying dues as established by the Board of Directors. Dues shall be for a calendar year. The Board may from time to time by Resolution determine the date at which a member ceases to be a member because of failure to pay dues for the current calendar year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Corporation has determined that the Secretary/Treasurer is responsible for the supervision of the accounting functions and the preparation of the Form 990. The Secretary/Treasurer reviews the Form 990 and signs it before it is mailed to the Internal Revenue Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Corporation makes its governing documents and its in house prepared financial statements available to the public upon their request. The Executive Director has these documents and is authorized to show them to any one who inquires.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Prior year billable voids/general ledger clean up = -$23748
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt088165
IRS990/TotalAssetsEOYAmt0224532
IRS990/TotalAssetsGrp/BOYAmt088165
IRS990/TotalAssetsGrp/EOYAmt0224532
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0245738
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt016179
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0126757
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0140733
IRS990/TotalFunctionalExpensesGrp/TotalAmt0283669
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt088165
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0224532
IRS990/TotalProgramServiceRevenueAmt0198046
IRS990/TotalReportableCompFromOrgAmt090254
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0198046
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0443784
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt088165
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0224532
IRS990/TravelGrp/ManagementAndGeneralAmt0650
IRS990/TravelGrp/TotalAmt0650
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 3833
IRS990/USAddress/CityNm0Durango
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd081302
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Christy Kost IVAK Energy
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Energy Council
ReturnHeader/Filer/BusinessNameControlTxt0ENER
ReturnHeader/Filer/EIN0841473629
ReturnHeader/Filer/PhoneNum09707692416
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 3833
ReturnHeader/Filer/USAddress/CityNm0Durango
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd081302
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0990873407
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0R Thomas Meadows CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0270 E College Drive Suite 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Durango
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd081301
ReturnHeader/PreparerPersonGrp/PhoneNum09702471390
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R Thomas Meadows CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-02-05T09:28:37-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$2.17$3.60$1.43
2024Detailed filing. Detailed filing data is available for this year.$2.25$0.00$2.25$4.44$2.84$1.60
2023Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$3.98$4.41$0.43
2022Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$3.68$4.06$0.38
2021Detailed filing. Detailed filing data is available for this year.$1.69$0.00$1.69$3.34$4.59$1.25
2020Detailed filing. Detailed filing data is available for this year.$2.94$0.00$2.94$3.98$2.87$1.12
2019Detailed filing. Detailed filing data is available for this year.$1.82$0.00$1.82$2.27$3.35$1.08
2018Detailed filing. Detailed filing data is available for this year.$2.91$0.00$2.91$2.66$2.80$0.14
2017Detailed filing. Detailed filing data is available for this year.$3.05$0.00$3.05$2.87$3.13$0.26
2016Detailed filing. Detailed filing data is available for this year.$3.31$0.00$3.31$2.74$2.66$0.08
2015Detailed filing. Detailed filing data is available for this year.$3.23$0.00$3.23$3.91$3.95$0.03
2014Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$7.78$6.81$0.97
2013Summary only. Only limited summary data is available for this year.$2.29$0.00$2.29$3.07$3.72$0.64
2012Summary only. Only limited summary data is available for this year.$2.93$0.00$2.93$6.08$5.80$0.28
2011Summary only. Only limited summary data is available for this year.$2.65$0.00$2.65$5.38$5.41$0.02