Revolution5 EIN 27-4267538

Revolution5

EIN  27-4267538 Public charity (501(c)(3)) Colorado Springs, CO Founded 2011
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Size
$100K–1M
What they do
Develops Christian leaders through one-on-one discipleship to advance God's kingdom.
Leadership
Joe Couch · Executive Director · $63K
Money in and out
$630K revenue, $603K expenses
Bottom line
94% program efficiency

Develops Christian leaders through one-on-one discipleship to advance God's kingdom. For fiscal year 2024 it reported $630K in revenue, $603K in expenses, and $152K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$630K
Pt VIII · Ln 12
Total expenses
$603K
Pt IX · Ln 25
Net assets
$152K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $27K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06
Program efficiency
94%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
3.1mo
months of highly liquid reserves at operating expense rate▲ +55% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▲ +7% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$630K
FY2024▼ -6%
Expenses
$603K
FY2024▼ -6%
Total assets
$185K
FY2024▲ +46%
Total liabilities
$33K
FY2024▲ ×32
Total revenue
$630K
Pt VIII · Ln 12
Total expenses
$603K
Pt IX · Ln 25
Net assets
$152K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$27K
Total assetsPt X · Ln 16$185K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $569K of program spending, described in the organization's own filed words · FY2024.
01

Institue

During the 2024-2025 academic year, REVOLUTION5 leadership institute enrolled 8 students. Students participated in an average of nine hours of weekly instruction covering a broad curriculum that included worldview, public communication, entrepreneurship, and governance.

$531Kprogram expense
02

Alumni

The purpose of the REV5 alumni association is to maintain meaningful connections with graduates and to provide networking opportunities for continued growth. The 2024-2025 year also marked the launch of the school of worship as an alternate track to the existing school of entrepreneurship.

$31Kprogram expense
03

Outreach

REV5S outreach initiatives in 2024-2025 included four weekend retreats for junior high, high school, and college students, with a total of 56 participants. These retreats focused on developing leadership skills, strengthening peer relationships, enhancing soft skills, and helping students discover and refine their sense of purpose.

$7Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRevolution5
EINHdr · item D27-4267538
Principal addressHdr · item CColorado Springs, CO
WebsiteHdr · item Jwww.rev5.org
Year of formationHdr · item L2011
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S20)
Ruling yearIRS BMFJul 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
Executive Director
$62,550Pt VII · Sec A
Institute Director
$16,518Pt VII · Sec A
Secretary
$11,953Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Joe Couch’s $63K as Executive Director is at the 40th percentile of top reported officer pay among 1710 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2021FY2020
Joe Couch$62,550$55,606$48,050$23,278$22,897
Caleb Craft$16,518$31,499$23,453$24,243
Brian Steck$11,953$13,041$13,531$11,069$11,162

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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Statement of Revenue

Part VIII
Contributions & grants$407K · 65%
Program service revenue$184K · 29%
Other revenue$40K · 6%
Contributions & grants65%$407K
Program service revenue29%$184K
Other revenue6%$40K
Investment income$3
Total revenueLn 12$630K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06
Program services94%$569K
Management & general6%$35K
Total functional expensesLn 25$603K

Balance Sheet

Part X · end of year
CashLn 1$154K
Total assetsLn 16$185K
Total liabilitiesLn 26$33K
Total net assetsLn 32$152K
Months of cash on handcomputed3.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $154K · Operating expenses (Pt IX) $603K · Less non-cash grants $4K · Cash operating expenses/yr $600K
3.1 months
Where the money goes
Program services
Program services $569K · Total expenses $603K
94%
Management & General
Management & general $35K · Total expenses $603K
6%
Fundraising
Fundraising $0 · Total expenses $603K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $399K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $407K · Total revenue $630K
65%
Government reliance
Government grants — · Total revenue $630K
Earned-income share
Program service revenue $184K · Total revenue $630K
29%
Investment reliance
Investment income $3 · Total revenue $630K
<0.01%
Program self-sufficiency
Program service revenue $184K · Total expenses $603K
31%
Growth & trend
Revenue growth (YoY)
This year $630K · Prior year $669K
-6%
Revenue CAGR
FY2019 $284K · FY2024 $630K
+17%
Net-asset trend (YoY)
End of year $152K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $630K · Expenses $603K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $185K
Net-asset ratio
Net assets $152K · Total assets $185K
82%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $185K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joe Couch · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $63K · Total expenses $603K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $224K · Total expenses $603K
37%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Revenue growth -6%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$40K
Grants paid · 16 grants · $343K · 2019–2024
Unitemized GrantFY2024$52,699
Unitemized GrantFY2024$15,793
Unitemized GrantFY2024$3,975
Unitemized GrantFY2023$61,386
Unitemized GrantFY2023$18,607
Unitemized GrantFY2023$8,172
Unitemized GrantFY2022$49,508
Unitemized GrantFY2022$4,814
Unitemized GrantFY2022$394
Unitemized GrantFY2021$62,753
Unitemized GrantFY2021$5,322
Unitemized GrantFY2020$40,034
Unitemized GrantFY2020$7,268
Unitemized GrantFY2019$6,330
Unitemized GrantFY2019$4,300
Unitemized GrantFY2019$1,675

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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
FY2024$669K revenue · ⤓ 990 PDF
FY2023$550K revenue · ⤓ 990 PDF
FY2022$518K revenue · ⤓ 990 PDF
FY2021$428K revenue · ⤓ 990 PDF
FY2020$284K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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