Operation Revamp INC FY2020 filing

Tax-deductible

Grand Jct, CO501(c)(3)EducationEIN 27-3262040

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To provide military veterans and their families healing support through art and related activities by providing studio space, instruction, tools, equipment and supplies. To assist with mental wellness through peer support, healing arts, emergency services, education, shelter and transportation.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
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
Yes
Donations are tax-deductible
Looks good: the IRS lists 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
2 of 5
filings with a surplus
Average deficit $5K a year · 6% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $20K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$208K
44% of total assets
Looks good: liabilities are 44% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$102K
Spent
$99K
To programs
94%
Net assets
$262K
By yearFY2020–FY2025
Revenue
$102K
FY2020
Revenue by fiscal year
FY2020$102K
FY2021$52K
FY2022$74K
FY2023$49K
FY2024$69K
FY2025$134K
Expenses
$99K
FY2020
Expenses by fiscal year
FY2020$99K
FY2021Not on file
FY2022$78K
FY2023$54K
FY2024$69K
FY2025$155K
Net assets
$262K
FY2020
Net assets by fiscal year
FY2020$262K
FY2021$247K
FY2022$316K
FY2023$320K
FY2024$322K
FY2025$422K

From the FY2020 Form 990 (year ending June 2020) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2011.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $94K Management & general 5% · $5K Fundraising 1% · $740

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President CEO
$0Pt VII · Sec A
Finance Officer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director of Outreach
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Operation Revamp INC executive salaries →

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers veterans and families healing through art, peer support, and essential services like shelter and transport.

Provided by the organization

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3 programs · $94K · in their own filed words · FY2019
01

Provision of meals, support, transportation, education, computers, internet, healing arts, and emergency services for emotional healing of military veterans and family members. $14675 expended for healing arts programs to provide free acupuncture, tai chi, bodytalk and reiki for 156 veterans.

$54Kprogram expense
02

Provision of art studios, gallery, workshops, wood shops, ceramics studios. Served 747 veterans and 266 family members at the Veterans Art Center or outside programs for a total of 5636 instances.

$20Kprogram expense
03

Provision of art supplies and equipment to individual veteran or family artists and participants.Provided requested and required art supplies for individual use and classes in addition to our large inventory of art supplies and equipment. Post Covid supplies were purchased for and delivered to veterans at home.

$20Kprogram expense

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 · FY2025
Total grants receivedfrom 1 funder$20K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$102K
Ln 12
Gifts and grantsLn 1h$97K
Fees for servicesLn 2g$5K
Investment incomeLn 3$2
Money outPt IX
$99K
Ln 25
Programscol B$94K
Managementcol C$5K
Fundraisingcol D$740
Owns and owesPt X
$262K
net assets · Ln 32
Cash and savingsLn 1–2$6K
Total assetsLn 16$470K
LiabilitiesLn 26$208K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$97K
Government grantsLn 1e$47K
Noncash giftsLn 1g$4K
Fundraising eventsLn 1c$1K
Fees for servicesLn 2g$5K
Investment incomeLn 3$2
Total revenueLn 12$102K
Assets in detailPt X, end of year
CashLn 1$6K
SavingsLn 2$0
Cash and savings togetherLn 1–2$6K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$398K
Other assetsLn 15$0
Total assetsLn 16$470K
LiabilitiesLn 26$208K
Net assetsLn 32$262K
OperationsPt I, VI
EmployeesI 50
VolunteersI 67
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$8K$6K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$403K$398K
Total assetsLn 16$498K$470K
LiabilitiesLn 26$208K$208K
Net assetsLn 32$290K$262K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$50K$50K
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$0$0$0$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$0$0$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$0$0$0$0
Accounting feesLn 11c$297$0$297$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$715$715$0$0
Advertising and promotionLn 12$740$0$0$740
Office expensesLn 13$312$0$312$0
Information technologyLn 14$7K$7K$656$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$10K$10K$0$0
TravelLn 17$7K$7K$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$39$39$0$0
InterestLn 20$11K$7K$4K$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$3K$3K$122$0
Other expenses (24a–d)Ln 24$9K$9K$0$0
All other expensesLn 24e$106$0$106$0
Total functional expensesLn 25$99K$94K$5K$740

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $134K$155K−$21K$422K 990 PDF
FY2024 $69K$69K$355$322K 990 PDF
FY2023 $49K$54K−$5K$320K 990 PDF
FY2022 $74K$78K−$4K$316K 990 PDF
FY2021 $52K$247K 990 PDF
FY2020 Viewing $102K$99K$2K$262K 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 FY2020 990 (4 parts)
Part VIII · Statement of revenue $101,694 across 13 lines filed
Lines not itemized here account for $703 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$760
VIII-1c Fundraising events$1,269
VIII-1d Related organizations$200
VIII-1e Government grants$47,405
VIII-1f All other contributions, gifts and grants$46,959
VIII-1g Noncash contributions (included above)$4,143
VIII-1h Total contributions, gifts and grants$96,593
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $5,156 · Unrelated business $0 · Excluded from tax $0$5,156
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $2$2
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax −$760−$760
VIII-12 Total revenueRelated to mission $5,859 · Unrelated business $0 · Excluded from tax −$758$101,694
Part IX · Statement of functional expenses $99,401 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $50,080$50,080
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$0
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11c Accounting feesPrograms $0 · Management $297 · Fundraising $0$297
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $715 · Management $0 · Fundraising $0$715
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $740$740
IX-13 Office expensesPrograms $0 · Management $312 · Fundraising $0$312
IX-14 Information technologyPrograms $6,597 · Management $656 · Fundraising $0$7,253
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $10,037 · Management $0 · Fundraising $0$10,037
IX-17 TravelPrograms $7,156 · Management $0 · Fundraising $0$7,156
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $39 · Management $0 · Fundraising $0$39
IX-20 InterestPrograms $7,130 · Management $3,503 · Fundraising $0$10,633
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $3,188 · Management $122 · Fundraising $0$3,310
IX-24 Other expenses (24a–d)Programs $8,723 · Management $0 · Fundraising $0$8,723
IX-24e All other expensesPrograms $0 · Management $106 · Fundraising $0$106
IX-25 Total functional expensesPrograms $93,665 · Management $4,996 · Fundraising $740$99,401
Part X · Balance sheet $469,735 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $7,945$5,617
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $4,350$0
X-4 Accounts receivableStart of year $765$760
X-8 Inventories for sale or useStart of year $79,972$65,659
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $402,969$397,699
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $2,140$0
X-16 Total assetsStart of year $498,141$469,735
X-17 Accounts payable and accrued expensesStart of year $10,808$8,050
X-18 Grants payableStart of year $2,336$635
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payable$10,453
X-26 Total liabilitiesStart of year $208,417$207,825
X-32 Total net assets or fund balancesStart of year $289,724$261,910
X-33 Total liabilities and net assetsStart of year $498,141$469,735
Part XI · Reconciliation of net assets $261,910 net assets at year end
XI-1 Total revenue$101,694
XI-2 Total expenses$99,401
XI-3 Revenue less expenses$2,293
XI-4 Net assets at start of year$289,724
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments−$12,591
XI-9 Other changes in net assets−$17,516
XI-10 Net assets at end of year$261,910

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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