Colusa County Partnership EIN 68-0458144 Form 990 (PDF) Claim this org

Colusa County Partnership

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Implements Colusa County's strategic action plan goals. For fiscal year 2025 it reported $95K in revenue, $102K in expenses, and $-315K in net assets.Pt I

Type
Membership association · Community Development
Location
Colusa, CA
Filings
6 on file (2020–2025)
Revenue
$95KFY2025
Expenses
$102K
Net assets
$-315K
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  68-0458144 Membership association Colusa, CA
Form 990 (PDF)
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Size
<$100K
What they do
Implements Colusa County's strategic action plan goals.
Leadership
Ed Hulbert · Chairman
Money in and out
$95K revenue, $102K expenses
Bottom line
-8% operating surplus
Membership & operating revenue · FY2025
Total revenue
$95K
Pt VIII · Ln 12
Total expenses
$102K
Pt IX · Ln 25
Net assets
$-315K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$7K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Operating surplus
-8%
revenue over expenses▲ +3% vs prior filing year
Earned revenue
38%
of revenue from program services & dues▲ +21% vs prior filing year
Payroll share
0%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$95K
FY2025▼ -12%
Expenses
$102K
FY2025▼ -12%
Total assets
$603K
FY2025▼ -10%
Total liabilities
$918K
FY2025▼ -6%
Total revenue
$95K
Pt VIII · Ln 12
Total expenses
$102K
Pt IX · Ln 25
Net assets
$-315K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$7K
Total assetsPt X · Ln 16$603K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $79K of program spending, described in the organization's own filed words · FY2024.
01

The scope of the rural business development grant (RBDG) program is to provide technical assistance for all colusa county businesses and entrepreneurs to help them plan, access capital, restructure debt, increase their markets and sales, reduce expenses, and improve capacity to remain in business AND/OR expand.

$41Kprogram expense
02

The Corporation continues to implement the Colusa County Strategic Action Plan and the Business Expansion/Retention program for the County of Colusa. The Corporation also provides oversight of the Career Advancement Loan program and has been operating a revolving loan fund for the Colusa County business community.

$21Kprogram expense
03

The organization makes loans to area businesses under the usda intermediary relending program (irp).

$17Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CColusa County Partnership
EINHdr · item D68-0458144
Principal addressHdr · item CColusa, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFCommunity Development (S30)
Ruling yearIRS BMFMar 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary/Treas
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Colusa County Partnership executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$38K · 40%
Program service revenue$36K · 38%
Investment income$20K · 22%
Contributions & grants40%$38K
Program service revenue38%$36K
Investment income22%$20K
— government grantsLn 1e$33K
Total revenueLn 12$95K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$93K
Management & general8%$9K
Total functional expensesLn 25$102K

Balance Sheet

Part X · end of year
CashLn 1$307K
Total assetsLn 16$603K
Total liabilitiesLn 26$918K
Total net assetsLn 32$-315K
Months of cash on handcomputed36.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $307K · Operating expenses/yr $102K
36.1 months
Where the money goes
Program services
Program services $93K · Total expenses $102K
92%
Management & General
Management & general $9K · Total expenses $102K
8%
Fundraising
Fundraising $0 · Total expenses $102K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $2K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $38K · Total revenue $95K
40%
Government reliance
Government grants $33K · Total revenue $95K
35%
Earned-income share
Program service revenue $36K · Total revenue $95K
38%
Investment reliance
Investment income $20K · Total revenue $95K
+22%
Program self-sufficiency
Program service revenue $36K · Total expenses $102K
35%
Growth & trend
Revenue growth (YoY)
This year $95K · Prior year $107K
-12%
Revenue CAGR
FY2019 $191K · FY2024 $95K
-13%
Net-asset trend (YoY)
End of year $-315K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $95K · Expenses $102K
-8%
Liabilities-to-Assets
Total liabilities — · Total assets $603K
Net-asset ratio
Net assets $-315K · Total assets $603K
-52%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $603K
0%
People & payroll
Highest Reported Total Compensation
Individual Ed Hulbert · Reported title Chairman · Highest reported compensation $0 · Total expenses $102K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $102K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Fundraising cost ratio 0%
Revenue growth -12%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 4%
Fundraising fee ratio 0%

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.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $40K · 2020–2020
Colusa Co Dept Health & HumanFY2020$39,824

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$95K revenue · viewing · ⤓ 990 PDF
FY2024$107K revenue · ⤓ 990 PDF
FY2023$176K revenue · ⤓ 990 PDF
FY2022$162K revenue · ⤓ 990 PDF
FY2021$147K revenue · ⤓ 990 PDF
FY2020$191K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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