TY 2023 Form 990EZ

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? The mission of Local First is to help locally-owned, independent business and organizations thrive as they work together to build an economy that values people, the planet and prosperity for everyone.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 Be Local Book - Annual publication and business support program to promote supporting local businesses and educate about local economies. Our theme for 2023/2024 was "The Future is Now". (Grants $ ) If this amount includes foreign grants, check here ...			28a	33,903
29 Eat Local - Our annual Eat Local campaign featured a community Harvest Dinner attended by 175 local residents to showcase partnerships between local restaurants and local farmers and raise awareness of regenerative agriculture practices. (Grants $ ) If this amount includes foreign grants, check here ...			29a	15,937
30 Noel Night - Local Firsts annual Noel Night community celebration featured 69 local retail businesses in downtown Durango to promote holiday community engagement. Attended by hundreds of local residents, this event is one the biggest local shopping days of the year. (Grants $ ) If this amount includes foreign grants, check here ...			30a	2,079
Membership and Development includes member recruitment, business education, strategic planning, governance, and stewardship to foster collaboration and know-how among local businesses and strengthen the local circular economy. Business Alliance Social Hours and Lunch & Learn trainings offer members the opportunity to learn from experts and one another on topics ranging from promoting workforce mental health to sustaining small business ownership. Local First launched Durango First Fridays, in partnership with the Durango Creative District and the Art Room Collective, to advance the local creative economy by enlisting local businesses as venues for local artists and artisans to showcase their work to a wider public audience. Local First supported a sustainable economy through community engagement such as participation in a wo rkshop on climate change, air quality, and clean energy. (Grants $ ) If this amount includes foreign grants, check here ...		185,541
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	237,460

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)
Tim Wheeler Chairman	4.00	0
Mary Oswald Vice Chair	3.00	0
John Lopez Treasurer	3.00	0
Lisa Mastny Secretary	3.00	0
Paul Kosnik Director	2.00	0
Kip Koso Director	2.00	0
Kristen Murano Director	2.00	0
Claire Attkisson Director	2.00	0
Michael Hennon Director	2.00	0
Jeanne Randazzo Szczech Director	2.00	0
Lauren Berutich Managing Dir	40.00	87,800

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE

Return Reference	Explanation
Other Revenue.1	Other - Allocation from LFF $20000
Other Expenses.1001	Advertising and Promotion $2088
Other Expenses.1002	Office Expenses $882
Other Expenses.1003	Information Technology $5272
Other Expenses.1005	Travel $327
Other Expenses.1008	Interest $3234
Other Expenses.1009	Depreciation $182
Other Expenses.1012	Insurance $2524
Other Expenses.1	Bad debt $14073
Other Expenses.3	Event expenses $11616
Other Expenses.4	Credit card fees $3732
Other Expenses.5	Telephone $2600
Other Expenses.6	Staff and board meetings $2237
Other Expenses.7	Website $2096
Other Expenses.8	Payroll processing fees $1770
Other Expenses.9	Supplies $1191
Other Expenses.10	Local promotional events $549
Other Expenses.11	Membership & dues $428
Other Expenses.12	Bank Fees $373
Other Expenses.14	Subscriptions $236
Other Expenses.15	Professional Development $218
Other Assets.1004	Miscellaneous - Beginning $182 Miscellaneous - Ending $0
Other Assets.1005	Accounts Receivable - Beginning $33178 Accounts Receivable - Ending $14023
Other Assets.1	Deposits - Beginning $1000 Deposits - Ending $1000
Other Assets.2	Due from LLF - Beginning $29550 Due from LLF - Ending $26307
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $950 Accounts Payable and Accrued Expenses - Ending $11810
Total Liabilities.1008	Unsecured Notes and Loans Payable - Beginning $118560 Unsecured Notes and Loans Payable - Ending $115637
Total Liabilities.1	Sales tax payable - Beginning $75 Sales tax payable - Ending $0
Total Liabilities.2	Local Frequency payable - Beginning $2141 Local Frequency payable - Ending $1829

Return Reference

Explanation

Other Revenue.1

Other - Allocation from LFF $20000

Other Expenses.1001

Advertising and Promotion $2088

Other Expenses.1002

Office Expenses $882

Other Expenses.1003

Information Technology $5272

Other Expenses.1005

Travel $327

Other Expenses.1008

Interest $3234

Other Expenses.1009

Depreciation $182

Other Expenses.1012

Insurance $2524

Other Expenses.1

Bad debt $14073

Other Expenses.3

Event expenses $11616

Other Expenses.4

Credit card fees $3732

Other Expenses.5

Telephone $2600

Other Expenses.6

Staff and board meetings $2237

Other Expenses.7

Website $2096

Other Expenses.8

Payroll processing fees $1770

Other Expenses.9

Supplies $1191

Other Expenses.10

Local promotional events $549

Other Expenses.11

Membership & dues $428

Other Expenses.12

Bank Fees $373

Other Expenses.14

Subscriptions $236

Other Expenses.15

Professional Development $218

Other Assets.1004

Miscellaneous - Beginning $182 Miscellaneous - Ending $0

Other Assets.1005

Accounts Receivable - Beginning $33178 Accounts Receivable - Ending $14023

Other Assets.1

Deposits - Beginning $1000 Deposits - Ending $1000

Other Assets.2

Due from LLF - Beginning $29550 Due from LLF - Ending $26307

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $950 Accounts Payable and Accrued Expenses - Ending $11810

Total Liabilities.1008

Unsecured Notes and Loans Payable - Beginning $118560 Unsecured Notes and Loans Payable - Ending $115637

Total Liabilities.1

Sales tax payable - Beginning $75 Sales tax payable - Ending $0

Total Liabilities.2

Local Frequency payable - Beginning $2141 Local Frequency payable - Ending $1829

1	Contributions, gifts, grants, and similar amounts received ....................	1	632
2	Program service revenue including government fees and contracts ................	2	100,508
3	Membership dues and assessments .............................	3	36,983
4	Investment income ....................................	4	1,016
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	0
c	Less: direct expenses from gaming and fundraising events ...	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ....................	8	20,000
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	159,139

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12	146,291
13	Professional fees and other payments to independent contractors ............	13	23,057
14	Occupancy, rent, utilities, and maintenance ...................	14	3,825
15	Printing, publications, postage, and shipping ...................	15	12,075
16	Other expenses (describe in Schedule O) ...................	16	55,628
17	Total expenses. Add lines 10 through 16 .................	17	240,876

Sign Here

	Signature of officer	Date

	Type or print name and title

Software ID:	23017517
Software Version:	2023v5.1

Software ID:	23017517
Software Version:	2023v5.1

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	-81,737
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	93,205
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	11,468