Converse Area New Development Organization INC

Not tax-deductible

Douglas, WY501(c)(6)Since 1995EIN 83-0312714Revenue $413K in FY2025

On file with the IRScandowyoming.com130 S 3rd St, 82633-2526 · Douglas, WYTax-exempt since Apr 1996

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To encourage New and existing business growth, with the least amount of disturbance to the area's quality of life.

Run by 11 volunteers and 9 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $76K a year · 20% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$105K
to officers and key staff · 18% of spending
Fine: pay to officers and key staff is 18% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$35K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$413K
-18% vs prior year
Spent
$579K
Net assets
$1.7M
By yearFY2020–FY2025
Revenue
$413K
FY2025▼ -18%
Tap a bar for its year
Revenue by fiscal year
FY2020$312K
FY2021$347K
FY2023$312K
FY2024$505K
FY2025$413K
Expenses
$579K
FY2025▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$382K
FY2021$383K
FY2023$408K
FY2024$515K
FY2025$579K
Net assets
$1.7M
FY2025▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.9M
FY2021$1.9M
FY2023$1.7M
FY2024$1.8M
FY2025$1.7M

From the FY2025 Form 990 (year ending June 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1996.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

11 people listed on the 990; $105K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$105,326Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2021FY2020
Cindy Porter——$112,056$110,576$110,576
Morryah McCurdy$105,326$59,007———

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.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Attracts jobs, helps businesses grow, improves quality of life, and preserves historic sites.

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Provided by the organization

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1 program · in their own filed words · FY2024
01

To foster economic development in converse county through various programs.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$413K
Ln 12
Gifts and grantsLn 1h$356K
Other incomeLn 4–11$40K
Investment incomeLn 3$17K
Money outPt IX
$579K
Ln 25
Owns and owesPt X
$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$3K
Total assetsLn 16$1.7M
LiabilitiesLn 26$35K
PeoplePt VI, VII
11
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$356K
Government grantsLn 1e$320K
Investment incomeLn 3$17K
Other incomeLn 4–11$40K
Gains on assetsLn 7$0
Total revenueLn 12$413K
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$3K
Cash and savings togetherLn 1–2$3K
InvestmentsLn 11–13$616K
Land, buildings, equipmentLn 10c$1.1M
Total assetsLn 16$1.7M
LiabilitiesLn 26$35K
Net assetsLn 32$1.7M
OperationsPt I, VI
EmployeesI 59
VolunteersI 611
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$135K$3K
InvestmentsLn 11–13$530K$616K
Land, buildings, equipmentLn 10c$1.1M$1.1M
Total assetsLn 16$1.8M$1.7M
LiabilitiesLn 26$5K$35K
Net assetsLn 32$1.8M$1.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$33K
Pay of current officers, directors and key staffLn 5$105K
Other salaries and wagesLn 7$199K
Other employee benefitsLn 9$12K
Payroll taxesLn 10$29K
Investment management feesLn 11f$8K
Advertising and promotionLn 12$5K
Office expensesLn 13$33K
TravelLn 17$10K
InterestLn 20$7
Depreciation, depletion and amortizationLn 22$34K
InsuranceLn 23$70K
Other expenses (24a–d)Ln 24$40K
All other expensesLn 24e$976
Total functional expensesLn 25$579K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $413K$579K−$166K$1.7M 990 PDF
FY2024 $505K$515K−$10K$1.8M 990 PDF
FY2023 $312K$408K−$97K$1.7M 990 PDF
FY2022 Not on file
FY2021 $347K$383K−$36K$1.9M 990 PDF
FY2020 $312K$382K−$70K$1.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $413,387 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $474,459$355,935
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $17,091$17,295
I-11 Other revenuePrior year $13,210$40,157
I-12 Total revenuePrior year $504,760$413,387
I-13 Grants and similar amounts paidPrior year $12,659$32,620
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $284,742$345,607
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $217,606$201,037
I-18 Total expensesPrior year $515,007$579,264
I-19 Revenue less expensesPrior year −$10,247−$165,877
Part VI · Governance 10 of 10 board members independent, 2 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $413,387 across 9 lines filed
Lines not itemized here account for $1,307 of total revenue; see the IRS return.
VIII-1b Membership dues$33,197
VIII-1e Government grants$319,593
VIII-1f All other contributions, gifts and grants$3,145
VIII-1h Total contributions, gifts and grants$355,935
VIII-3 Investment incomeExcluded from tax $17,295$17,295
VIII-6 Net rental income or lossRelated to mission $10,352 · Excluded from tax $16,500$26,852
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising eventsExcluded from tax $11,998$11,998
VIII-12 Total revenueRelated to mission $10,352 · Unrelated business $0 · Excluded from tax $47,100$413,387
Part IX · Statement of functional expenses $579,264 across 14 lines filed
IX-1 Grants to domestic organizations$32,620
IX-5 Pay of current officers, directors and key staff$105,326
IX-7 Other salaries and wages$199,399
IX-9 Other employee benefits$12,171
IX-10 Payroll taxes$28,711
IX-11f Investment management fees$7,761
IX-12 Advertising and promotion$5,440
IX-13 Office expenses$32,917
IX-17 Travel$9,517
IX-20 Interest$7
IX-22 Depreciation, depletion and amortization$34,253
IX-23 Insurance$70,435
IX-24 Other expenses (24a–d)$39,731
IX-24e All other expenses$976
IX-25 Total functional expenses$579,264
Part X · Balance sheet $1,714,069 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $54,625$0
X-2 Savings and temporary cash investmentsStart of year $80,550$2,666
X-10c Land, buildings and equipment, netStart of year $1,122,361$1,095,232
X-11 Publicly traded securitiesStart of year $392,957$471,407
X-12 Other securitiesStart of year $136,928$144,764
X-16 Total assetsStart of year $1,787,421$1,714,069
X-17 Accounts payable and accrued expensesStart of year $223$980
X-25 Other liabilitiesStart of year $5,196$34,188
X-26 Total liabilitiesStart of year $5,419$35,168
X-32 Total net assets or fund balancesStart of year $1,782,002$1,678,901
X-33 Total liabilities and net assetsStart of year $1,787,421$1,714,069
Part XI · Reconciliation of net assets $1,678,901 net assets at year end
XI-1 Total revenue$413,387
XI-2 Total expenses$579,264
XI-3 Revenue less expenses−$165,877
XI-4 Net assets at start of year$1,782,002
XI-5 Net unrealized gains (losses) on investments$80,190
XI-8 Prior period adjustments−$17,414
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,678,901

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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