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Colorado · Nonprofit

PRAIRIE DEVELOPMENT CORPORATION

PRAIRIE DEVELOPMENT CORPORATION (Colorado) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being EL POMAR FOUNDATION ($10,000). 0 of them have funded it in more than one year.

Revenue FY2025
$231k
Funders on record
1
Grants received
$10k
Net assets
$3.9M
0/1 repeat funderspeak grant-dependency 1%
01What it does

What Prairie Development Corporation does

Mission

Loans for low-income housing to individuals and businesses. Low-income loans and loan guarantees for housing rehab, business start-up and related support services.

As stated on its FY2025 Form 990.

Programs

  1. Economic development programs - guaranteed and direct loans up to 150,000 to businesses; Prairie Development Corporation may loan 35,000 per each fte position of which 51% must be offered or filled by low-moderate income qualified people. Prairie Development Corporation is not a primary lender and many loans are made in partnership with banks and/or other financial institutions in the local area. In addition, Prairie Development Corporation is involved with the marketing of tourism for the region to bring dollars to the communities and to help support job stability. During 2025, one new business loan was closed for 60,000 which created three fte positions.

    $114,621 spent$1,786 earned by the program
    73% of program spending
  2. Community housing programs - low or no interest loans to low-moderate income persons for rehabilitation of owner-occupied housing. Prairie Development Corporation also has an emergency home repair loan program and down payment assistance loan program for first time homebuyers meeting low-moderate income guidelines. Prairie Development Corporation may also elect to purchase vacant single-family homes in need of rehabilitation, make the needed repairs and resell them to income qualified first time homebuyers. During 2025, no housing loans were closed.

    $14,003 spent
    9% of program spending
  3. Office and apartment rental - prairie development leases two apartments and sublets office space to the east central council of governments and the home agency (insurance company).

    $27,955 spent$39,432 earned by the program
    18% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $156,579.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($154k) Expenses 100 ($364k) Net assets 100 ($2.4M)2018 Revenue 161 ($248k) Expenses 33 ($120k) Net assets 105 ($2.6M)2019 Revenue 88 ($135k) Expenses 40 ($145k) Net assets 105 ($2.6M)2020 Revenue 811 ($1.3M) Expenses 88 ($320k) Net assets 143 ($3.5M)2021 Revenue 82 ($126k) Expenses 29 ($105k) Net assets 144 ($3.5M)2022 Revenue 2120 ($3.3M) Expenses 874 ($3.2M) Net assets 148 ($3.6M)2023 Revenue 182 ($281k) Expenses 36 ($131k) Net assets 154 ($3.8M)2024 Revenue 141 ($218k) Expenses 40 ($144k) Net assets 157 ($3.8M)2025 Revenue 150 ($231k) Expenses 55 ($198k) Net assets 158 ($3.9M)
'17'18'19'20'21'22'23'24'25
Revenue (150)Expenses (55)Net assets (158)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $2.6M to $3.5M (+36%).

$2.5M
$2.6M
$2.6M
$3.5M
$3.5M
$3.6M
$3.8M
$3.8M
$3.9M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 34% · 2018 56% · 2019 26% · 2020 89% · 2021 12% · 2022 97% · 2023 55% · 2024 28% · 2025 30%. Grants only. Government contracts and fees sit inside program revenue.

30% of PRAIRIE DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

−$210k
’17
$128k
’18
−$10k
’19
$932k
’20
$21k
’21
$92k
’22
$150k
’23
$74k
’24
$33k
’25
204
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Ed Rarick

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed111010999998
Joined·+0+0+0+0+0+2+0+3
No longer listed·10100204
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'20
total
funders
1

From the IRS filings of PRAIRIE DEVELOPMENT CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of PRAIRIE DEVELOPMENT CORPORATION's grant income comes from Colorado funders.

CO

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PRAIRIE DEVELOPMENT CORPORATION holds deeper cash reserves than three-quarters of the 7,175 community improvement nonprofits its size.

Operating margin14% · above the median
Months of reserve204.1mo · top quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025

Organizations like PRAIRIE DEVELOPMENT CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Colorado

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

79% of spending goes to programs.

Program 79%Management 21%Fundraising 0%

Governance

7
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for PRAIRIE DEVELOPMENT CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PRAIRIE DEVELOPMENT CORPORATION?
PRAIRIE DEVELOPMENT CORPORATION (Colorado) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being EL POMAR FOUNDATION ($10,000). 0 of them have funded it in more than one year.
How many funders does PRAIRIE DEVELOPMENT CORPORATION have?
IRS filings report 1 organization giving $10,000 in grants to PRAIRIE DEVELOPMENT CORPORATION.
Who is the largest funder of PRAIRIE DEVELOPMENT CORPORATION?
EL POMAR FOUNDATION is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like PRAIRIE DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing