Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Pagosa Innovation Center Inc
EIN 84-3226004 • 501(c)3 • Pagosa Springs, CO
Profile
Assists with economic development in Archuleta County.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.05x
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
79th percentile
Faster asset growth than 79% of similar nonprofits.
Revenue Growth
17th percentile
Faster revenue growth than 17% of similar nonprofits.
Balance Sheet
Assets
Up$71,187
Up $14,612 (+26%) from 2023
Liabilities
Up$3,297
Up $3,297 from 2023
Net Assets
Up$67,890
Up $11,315 (+20%) from 2023
Revenue
Down$14,128
Down $16,006 (-53%) from 2023
Expenses
Down$24,997
Down $14,796 (-37%) from 2023
Net Income
Down-$10,869
Down $1,210 (-13%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $71,187
- Liabilities
- $3,297
- Net assets
- $67,890
- Revenue
- $14,128
- Expenses
- $24,997
- Net income
- -$10,869
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 13, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $14,128
Mission and Program Overview
Mission
Assists with economic development in Archuleta County.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Assisting access to PPP loans during Pandemic- Severalfirms received support. Business networking space andevents 360 Members. Steam programs for schools (3 events) | $0 | $0 |
| Assisting access to PPP loans during Pandemic- Severalfirms received support. Business networking space and events 360 Members. Brining internet to small communities. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jeff Posey | Secretary | - | $0 | - | - |
| Barry Knot | President / Vice President | - | $0 | - | - |
| Gary Hedgecock | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Pagosa Innovation Center Inc
- EIN
- 84-3226004
- Phone
- 9709466670
- Address
- 189 Talisman Drive, Pagosa Springs, CO 81147
Signing Officer
- Name
- Gary Hedgecock
- Title
- Treasurer
- Phone
- 9709466670
- Signed
- 2025-05-13
- Discuss with paid preparer
- Yes
Preparer
- Firm
- JJ Accounting Services
- Address
- 191 Talisman Dr 103, Pagosa Springs, CO 81147
- Preparer
- Laura Schiel
- Phone
- 9702645330
Supplemental Narrative
Additional Explanations
Pt IV
“Royce King (President) Resigned August of 2020.”
Pt IV
“Jesse White (Operations Director ) Joined September of 2020.”
Pt IV
“Dawn Kolpin (President-Wife) Joined September of 2020.”
Pt V, Line 35B
“There was no unrelated business income to report.”
Form 990EZ, Part I, Line 8
“Interest Received 71.”
Form 990EZ, Part I, Line 16
“Supplies 1445.”
Form 990EZ, Part I, Line 16
“Telephone 5417.”
Form 990EZ, Part I, Line 16
“Advertising 0.”
Form 990EZ, Part I, Line 16
“Insurance 0.”
Form 990EZ, Part I, Line 16
“Conference/Convention/Meetings 0.”
Form 990EZ, Part I, Line 16
“Travel 0.”
Form 990EZ, Part I, Line 16
“License/Registration Fees 582.”
Form 990EZ, Part I, Line 16
“Books, Subscriptions, Reference 344.”
Form 990EZ, Part I, Line 16
“Rent, Parking, Utilities 1781.”
Form 990EZ, Part I, Line 16
“Equip Rental and Maintenance 116.”
Form 990EZ, Part II, Line 24
“Accounts Receivable 54. 54.”
Form 990EZ, Part II, Line 24
“Undeposited Funds 928. 928.”
Form 990EZ, Part II, Line 26
“Accounts Payable 3297. 3297.”
Raw XML Appendix186 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Gary Hedgecock |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9709466670 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 189 Talisman Drive Suite C |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Pagosa Springs |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CO |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 81147 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 81074 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 70205 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | true |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 0 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -10869 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 850 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 82056 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 71187 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 14128 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIVInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 14057 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 78759 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 67890 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 78759 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 67890 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 14400 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Jeff Posey |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Barry Knot |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Gary Hedgecock |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | President / Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 982 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 982 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 9685 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 71 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Assists with economic development in Archuleta County. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 62 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Assisting access to PPP loans during Pandemic- Severalfirms received support. Business networking space andevents 360 Members. Steam programs for schools (3 events) |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Assisting access to PPP loans during Pandemic- Severalfirms received support. Business networking space and events 360 Members. Brining internet to small communities. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3297 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3297 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 24997 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 14128 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | pagosainnovationcenter.com |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3400 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 27000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 30400 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 30400 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3400 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 27000 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 30400 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 30400 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Royce King (President) Resigned August of 2020. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Jesse White (Operations Director ) Joined September of 2020. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Dawn Kolpin (President-Wife) Joined September of 2020. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | There was no unrelated business income to report. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Interest Received 71. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Supplies 1445. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Telephone 5417. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Advertising 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Insurance 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Conference/Convention/Meetings 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Travel 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | License/Registration Fees 582. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Books, Subscriptions, Reference 344. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Rent, Parking, Utilities 1781. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Equip Rental and Maintenance 116. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Accounts Receivable 54. 54. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Undeposited Funds 928. 928. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 17 | Accounts Payable 3297. 3297. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt IV |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt IV |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt IV |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt V, Line 35b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990EZ, Part I, Line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Form 990EZ, Part I, Line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Form 990EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Form 990EZ, Part II, Line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 17 | Form 990EZ, Part II, Line 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Gary Hedgecock |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9709466670 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Pagosa Innovation Center Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PAGO |
| ReturnHeader/Filer/EIN | 0 | 843226004 |
| ReturnHeader/Filer/PhoneNum | 0 | 9709466670 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 189 Talisman Drive |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Pagosa Springs |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CO |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 81147 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 352162293 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | JJ Accounting Services |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 191 Talisman Dr 103 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Pagosa Springs |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 81147 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9702645330 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Laura Schiel |
| ReturnHeader/ReturnTs | 0 | 2025-11-17T08:25:04-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.