Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2000.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
89 cents of each dollar spent went to programs.
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
25 people listed on the 990; $3.1M paid to officers and key staff.
Tom Walker’s $740K as CEO & President is at the 97th percentile of top reported officer pay among 3683 $10–100M education 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 · 8 named individuals · Part VII
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Tom Walker | $740,000 | $725,000 | $637,374 | $561,817 |
| Ryan Helon | $283,948 | $319,949 | $317,613 | $305,625 |
| Kristy Campbell | $308,948 | — | — | — |
| Wayne Embree | $287,205 | $301,795 | $308,582 | $299,605 |
| David Dillman | $295,184 | $288,878 | $296,732 | $285,846 |
| Kristina Campbell | — | $261,000 | $244,006 | $239,653 |
| Mike McCann | $100,854 | $240,156 | $209,707 | $201,509 |
| John Schroepfer | — | — | — | $226,592 |
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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Programs and updates
Helps Ohio tech startups grow by providing business incubation, venture development services, and access to investment capital.
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Startup studio- REV1 supports start-ups through the first experts leads an ongoing, data-driven process that ensures entrepreneurs develop products people want and companies people need. Top 10 ubi incubator, offering technically focused entrepreneurs flexible office and lab space to help start their companies along side the REV1 team of…
Fund management- REV1'S investment team handles the intake, vetting and investment due diligence for multiple investment funds targeting a broad range of high-growth tech startups, including it and health it, biosciences, advanced materials, agribusiness, and advanced and alternative energy.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $11.9M | $11.1M | $815K | $31.6M | 990 PDF |
| FY2023 | $11.1M | $11.4M | −$296K | $29.1M | 990 PDF |
| FY2022 | $13.0M | $12.2M | $724K | $24.2M | 990 PDF |
| FY2021 | $11.8M | $9.7M | $2.1M | $24.2M | 990 PDF |
| FY2020 | $10.4M | $9.0M | $1.4M | $19.7M | 990 PDF |
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Schedules filed Part IV
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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