Revolution5 FY2024 filing

Tax-deductible

Colorado Springs, 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.
93¢ of each $1 spent went to programs.
$100K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
IRS e-file · Filing history
Is it financially stable?
4 of 5
years in the black
Pt I · Ln 19 · 5 filings
How much reaches the programs?
93%
of spending
Pt IX · Ln 25 · col B
What are leaders paid?
$100K
to officers and key staff · 16% of spending
Pt VII · Sec A
Do they have reserves?
2 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
2
named funders · $40K
Funders’ Sch. I, 990-PF
Do they carry debt?
$1K
liabilities
Pt X · Ln 26
Who oversees it?
6
independent of 6 voting board members
Pt VI · Ln 1a–1b
Revenue
$669K
+22% vs prior year
Spent
$643K
To programs
93%
Net assets
$125K
By yearFY2020–FY2024
Revenue
$669K
FY2024▲ +22%
Revenue by fiscal year
FY2020$284K
FY2021$428K
FY2022$518K
FY2023$550K
FY2024$669K
FY2024$630K
Expenses
$643K
FY2024▼ -2%
Expenses by fiscal year
FY2020$264K
FY2021$361K
FY2022$438K
FY2023$658K
FY2024$643K
FY2024$603K
Net assets
$125K
FY2024▲ +27%
Net assets by fiscal year
FY2020$56K
FY2021$123K
FY2022$202K
FY2023$99K
FY2024$125K
FY2024$152K

From the FY2024 Form 990 (year ending June 2024) · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CRevolution5
EINHdr · item D27-4267538
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 2014
Year of formationHdr · item L2011
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CColorado Springs, CO
NTEE classificationIRS BMFCommunity Development (S20)
WebsiteHdr · item Jwww.rev5.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$596K
Management & general7%$47K
Total functional expensesLn 25$643K

Financial health

Is it on solid ground?

Program efficiency
93%
of spending reaches programs
Operating runway
2.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+4%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$126K
FY2024▼ -12%
Total assets by fiscal year
FY2020$65K
FY2021$141K
FY2022$215K
FY2023$143K
FY2024$126K
FY2024$185K
Total liabilities
$1K
FY2024▼ -98%
Total liabilities by fiscal year
FY2020$9K
FY2021$19K
FY2022$13K
FY2023$44K
FY2024$1K
FY2024$33K
Revenue less expensesPt I · Ln 19$27K
Total assetsPt X · Ln 16$126K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Balance Sheet

Part X · end of year
CashLn 1$109K
Total assetsLn 16$126K
Total liabilitiesLn 26$1K
Total net assetsLn 32$125K
Months of cash on handcomputed2.0

Statement of Revenue

Part VIII
Contributions & grants$420K · 63%
Program service revenue$225K · 34%
Other revenue$24K · 4%
Contributions & grants63%$420K
Program service revenue34%$225K
Other revenue4%$24K
Investment income$3
Total revenueLn 12$669K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $109K · Operating expenses/yr $643K
2.0 months
Where the money goes
Program services
Program services $596K · Total expenses $643K
93%
Management & General
Management & general $47K · Total expenses $643K
7%
Fundraising
Fundraising $0 · Total expenses $643K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $382K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $420K · Total revenue $669K
63%
Government reliance
Government grants — · Total revenue $669K
—
Earned-income share
Program service revenue $225K · Total revenue $669K
34%
Investment reliance
Investment income $3 · Total revenue $669K
<0.01%
Program self-sufficiency
Program service revenue $225K · Total expenses $643K
35%
Growth & trend
Revenue growth (YoY)
This year $669K · Prior year $550K
+22%
Revenue CAGR
FY2019 $284K · FY2023 $669K
+24%
Net-asset trend (YoY)
End of year $125K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $669K · Expenses $643K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $126K
—
Net-asset ratio
Net assets $125K · Total assets $126K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $126K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joe Couch · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $56K · Total expenses $643K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $229K · Total expenses $643K
36%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%——
Overhead ratio 7%——
Fundraising cost ratio 0%——
Revenue growth 22%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 0.2%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$55,606Pt VII · Sec A
Institute Director
$31,499Pt VII · Sec A
Director of Alumni
$13,041Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$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 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.

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Governance & Policies

Part VI
  • 6Voting board membersPt VI · Ln 1a
  • 6Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

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

Provided by the organization

This section is blank until Revolution5 claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $590K of program spending, described in the organization's own filed words · FY2023.
01

Institute

During the 2023-2024 acadmic year, REVOLUTION5 leadership institute enrolled 12 students. Students participated in an average of nine hours of weekly instruction covering a broad curriculum that included worldview, public communication, entrepreneurship, and governance.

$528Kprogram expense
02

Outreach

REV5S outreach initiatives in 2023-2024 included four weekend retreats for junior high, high school, and college students, with a total of 34 participants. These retreats focused on developing leadership skills, strengthening peer relationships, enhancing soft skills, and helping students discover and refine their sense of purpose.

$54Kprogram expense
03

Alumni

The REV5 alumni association was informally launched to maintain meaningful connections with graduates and to provide networking opportunities for continued growth. The 2023-2024 year also marked the continuation of the school of entrepreneurship, REV5S official second-year program.

$8Kprogram 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

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Viewing $669K$643K+22% 990 PDF
FY2023 $550K$658K+6% 990 PDF
FY2022 $518K$438K+21% 990 PDF
FY2021 $428K$361K+50% 990 PDF
FY2020 $284K$264K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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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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