El Dorado INC FY2020 filing

EIN 48-0990621 Business league / trade association El Dorado, KS
Is this your organization?
Claim it free, then get the verified mark.
Claim
Revenue & expenses by yearFY2020–FY2024
Revenue
$282K
FY2020
Expenses
$261K
FY2020

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).


Stimulates economic opportunities to help the community thrive. For fiscal year 2020 it reported $282K in revenue, $261K in expenses, and $508K in net assets.Pt I

Type
Business league / trade association · Nonprofit
Location
El Dorado, KS
Website
www.eldoks.com
Filings
5 on file (2020–2020)
Revenue
$282KFY2020
Expenses
$261K
Net assets
$508K
People
32
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Provided by the organization

This section is blank until El Dorado INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Stimulates economic opportunities to help the community thrive.
Leadership
Linda Jolly · Executive Director · $72K
Money in and out
$282K revenue, $261K expenses
Bottom line
+7% operating surplus

What Funders Ask

From IRS filings

Tax-deductible?

warning No

Per the IRS master file. Details →

Can I give now?

good No revocation on IRS record

Not on the IRS revocation list. Details →

Filing up to date?

good Filed FY2024 (typical filing lag)

Details →

Size and trend

$100K–1M

Details →

Not in filings yet: foundation funders · spent on programs

Membership & operating revenue · FY2020
Total revenue
$282K
Pt VIII · Ln 12
Total expenses
$261K
Pt IX · Ln 25
Net assets
$508K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $21K
Operating surplus
+7%
revenue over expenses
Earned revenue
0%
of revenue from program services & dues
Payroll share
44%
of spending is salaries & benefits

Similar organizations you could support

Closest in mission — by what they do
See all organizations like El Dorado INC →

Run this organization? Claim this page

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$510K
FY2020
Total liabilities
$3K
FY2020
Revenue less expensesPt I · Ln 19$21K
Total assetsPt X · Ln 16$510K
Program-expense ratioPt IX · col B—
Voting members of governing bodyPt I · Ln 331
Independent voting membersPt I · Ln 431

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CEl Dorado INC
EINHdr · item D48-0990621
Principal addressHdr · item CEl Dorado, KS
WebsiteHdr · item Jwww.eldoks.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MKS
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 1985

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a31
Independent voting membersPt VI · Ln 1b31
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$72,150Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Linda Jolly———$100,000$72,150
Sarah L Hoefgen$91,000$82,000$83,000$46,664—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See El Dorado INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

2 program services, described in the organization's own filed words · FY2020.
01

Furthering community economic development, and promoting and assisting the growth, retention, and development of business concerns through increased employment, payroll, business volume, housing starts, and similar factors for the el dorado area and its environs

Pt IX · col B
02

Investing assets in el dorado, kansas, with the intention to sell property to a prospect or prospects interested in industrial development or other services

Pt IX · col B

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$270K · 96%
Investment income$12K · 4%
Contributions & grants96%$270K
Investment income4%$12K
— government grantsLn 1e$170K
Total revenueLn 12$282K

Balance Sheet

Part X · end of year
CashLn 1$427K
Total assetsLn 16$510K
Total liabilitiesLn 26$3K
Total net assetsLn 32$508K
Months of cash on handcomputed19.6

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $427K · Operating expenses/yr $261K
19.6 months
Where the money goes
Program services
Program services — · Total expenses $261K
—
Management & General
Management & general — · Total expenses $261K
—
Fundraising
Fundraising — · Total expenses $261K
—
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $270K · Total revenue $282K
96%
Government reliance
Government grants $170K · Total revenue $282K
60%
Earned-income share
Program service revenue $0 · Total revenue $282K
0%
Investment reliance
Investment income $12K · Total revenue $282K
+4%
Program self-sufficiency
Program service revenue $0 · Total expenses $261K
0%
Growth & trend
Revenue growth (YoY)
This year $282K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $508K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $282K · Expenses $261K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $510K
—
Net-asset ratio
Net assets $508K · Total assets $510K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $510K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Linda Jolly · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $72K · Total expenses $261K
28%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $115K · Total expenses $261K
44%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Fundraising cost ratio 0%——
Accounting fee ratio 3%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$200K revenue · ⤓ 990 PDF
FY2023$149K revenue · ⤓ 990 PDF
FY2022$282K revenue · ⤓ 990 PDF
FY2021$246K revenue · ⤓ 990 PDF
FY2020$282K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.