Revolution5 FY2022 filing

Tax-deductible

Colorado Spgs, CO501(c)(3)Since 2011Community DevelopmentEIN 27-4267538

The mission of rev5 is to disciple, train, and develop collegeand 20-somethings to love god, love people, and lead with purpose and persuasion in every sphere of society. Through backcountry adventures, education experiences, and intimate relationships, we call out the leader in you.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $17K a year · 3% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 5.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $40K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$13K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$518K
+21% vs prior year
Spent
$438K
To programs
95%
Net assets
$202K
By yearFY2020–FY2024
Revenue
$518K
FY2022▲ +21%
Revenue by fiscal year
FY2020$284K
FY2021$428K
FY2022$518K
FY2023$550K
FY2024$669K
FY2024$630K
Expenses
$438K
FY2022▲ +21%
Expenses by fiscal year
FY2020$264K
FY2021$361K
FY2022$438K
FY2023$658K
FY2024$643K
FY2024$603K
Net assets
$202K
FY2022▲ +65%
Net assets by fiscal year
FY2020$56K
FY2021$123K
FY2022$202K
FY2023$99K
FY2024$125K
FY2024$152K

From the FY2022 Form 990 (year ending June 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2014.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $414K Management & general 5% · $24K

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

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Institute Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Dir of Operations
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Joe Couch’s $63K as Executive Director is at the 40th percentile of top reported officer pay among 1708 $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.

See Revolution5 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Develops Christian leaders through one-on-one discipleship to advance God's kingdom.

Provided by the organization

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3 program services account for $414K of program spending, described in the organization's own filed words · FY2021.
01

REVOLUTION5 leadership institute had 11 students enrolled. Class instruction time averages nine hours per week and covers everything from worldview to public communication to entrepreneurship to governance. The students live in a dormitory style environment on camplus, inclusive of room and board.

$409Kprogram expense
02

Over the 21-22 program year, REV5 hosted weekend retreats for high school students. There were two weekend retreats for high school students, attended by 17 students. These retreats were for the purpose of leadership development, healthy peer relationships, soft skills development, and focusing lifes purpose.

$4Kprogram expense
03

The association of alumni was informally formed with a two-fold intent 1TO retain connection with alumni, including developing a long term investment into the graduates of REV5 and 2 to extend networking opportunities. In the 20-21 year, we launched an alumni homecoming year called cadre.

$984program expense

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Funders

Who pays for it.

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

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

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$518K
Ln 12
Gifts and grantsLn 1h$353K
Fees for servicesLn 2g$150K
Other incomeLn 4–11$15K
Money outPt IX
$438K
Ln 25
Programscol B$414K
Managementcol C$24K
Owns and owesPt X
$202K
net assets · Ln 32
Cash and savingsLn 1–2$206K
Total assetsLn 16$215K
LiabilitiesLn 26$13K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$353K
Fundraising eventsLn 1c$26K
Fees for servicesLn 2g$150K
Investment incomeLn 3$3
Other incomeLn 4–11$15K
Total revenueLn 12$518K
Assets in detailPt X, end of year
CashLn 1$200K
SavingsLn 2$6K
Cash and savings togetherLn 1–2$206K
Land, buildings, equipmentLn 10c$4K
Total assetsLn 16$215K
LiabilitiesLn 26$13K
Net assetsLn 32$202K
OperationsPt I, VI
EmployeesI 58
VolunteersI 613
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$132K$206K
Land, buildings, equipmentLn 10c$5K$4K
Total assetsLn 16$141K$215K
LiabilitiesLn 26$19K$13K
Net assetsLn 32$123K$202K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$68K$68K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$69K$69K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$17K$17K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$6K$5K$1K
Management feesLn 11a$0
Legal feesLn 11b$60$60
Accounting feesLn 11c$2K$2K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$2K$2K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$14K$11K$3K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$137K$137K
TravelLn 17$52K$52K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$2K$2K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$62K$62K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$438K$414K$24K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $669K$643K$27K$125K 990 PDF
FY2023 $550K$658K−$108K$99K 990 PDF
FY2022 Viewing $518K$438K$79K$202K 990 PDF
FY2021 $428K$361K$67K$123K 990 PDF
FY2020 $284K$264K$20K$56K 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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $517,686 across 8 lines filed
VIII-1c Fundraising events$25,799
VIII-1f All other contributions, gifts and grants$327,321
VIII-1h Total contributions, gifts and grants$353,120
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)$149,889
VIII-3 Investment incomeUnrelated business $3$3
VIII-6 Net rental income or loss$14,110
VIII-8 Net income from fundraising events$564
VIII-12 Total revenueUnrelated business $3$517,686
Part IX · Statement of functional expenses $438,219 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $68,075$68,075
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $69,261$69,261
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesManagement $16,713$16,713
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $5,213 · Management $1,271$6,484
IX-11a Management fees$0
IX-11b Legal feesManagement $60$60
IX-11c Accounting feesManagement $1,730$1,730
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $1,513$1,513
IX-12 Advertising and promotionPrograms $1,973$1,973
IX-13 Office expensesPrograms $10,583 · Management $2,922$13,505
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $136,583$136,583
IX-17 TravelPrograms $51,723$51,723
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $1,831$1,831
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $3,886$3,886
IX-23 InsuranceManagement $1,170$1,170
IX-24 Other expenses (24a–d)Programs $61,646$61,646
IX-24e All other expensesPrograms $2,066$2,066
IX-25 Total functional expensesPrograms $414,353 · Management $23,866 · Fundraising $0$438,219
Part X · Balance sheet $215,496 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $131,982$200,372
X-2 Savings and temporary cash investments$5,872
X-8 Inventories for sale or useStart of year $4,302$4,958
X-10c Land, buildings and equipment, netStart of year $5,180$4,294
X-16 Total assetsStart of year $141,464$215,496
X-24 Unsecured notes and loans payableStart of year $17,659$12,556
X-25 Other liabilitiesStart of year $1,071$741
X-26 Total liabilitiesStart of year $18,730$13,297
X-32 Total net assets or fund balancesStart of year $122,734$202,199
X-33 Total liabilities and net assetsStart of year $141,464$215,496
Part XI · Reconciliation of net assets $202,199 net assets at year end
XI-1 Total revenue$517,686
XI-2 Total expenses$438,219
XI-3 Revenue less expenses$79,467
XI-4 Net assets at start of year$122,734
XI-9 Other changes in net assets−$2
XI-10 Net assets at end of year$202,199

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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