Govevolve INC

Alexandria, VAUnknown exempt organizationSince 2016 EIN 81-2942934Revenue $282K in FY2025

On file with the IRSgovevolve.org2308 Mt Vernon Ave 812 · Alexandria, VA

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To promote public policies that encourage innovation, competitiveness and government IT modernization.

Run by 5 volunteers.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

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FY2025 · Form 990Independent: from IRS data, not the org
Download 990
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
3 of 6
filings with a surplus
Average deficit $10K a year · 3% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$245K
66% of total assets
Worth a look: liabilities are 66% of assets; over 65%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$282K
+19% vs prior year
Spent
$432K
Net assets
$128K
By yearFY2020–FY2025
Revenue
$282K
FY2025▲ +19%
Tap a bar for its year
Revenue by fiscal year
FY2020$376K
FY2021$403K
FY2022$385K
FY2023$188K
FY2024$238K
FY2025$282K
Expenses
$432K
FY2025▲ +22%
Tap a bar for its year
Expenses by fiscal year
FY2020$310K
FY2021$239K
FY2022$275K
FY2023$321K
FY2024$354K
FY2025$432K
Net assets
$128K
FY2025▼ -54%
Tap a bar for its year
Net assets by fiscal year
FY2020$254K
FY2021$418K
FY2022$529K
FY2023$395K
FY2024$279K
FY2025$128K

From the FY2025 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

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

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
Executive Dir.
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Govevolve 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Advocates for policies boosting innovation, competitiveness, and modern government technology.

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Provided by the organization

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1 program · in their own filed words · FY2025
01

Providing member services to fourteen member companies to promote public policies that encourage government innovation and access for small and medium sized businesses.

Pt IX · col B

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$282K
Ln 12
Gifts and grantsLn 1h$282K
Money outPt IX
$432K
Ln 25
Owns and owesPt X
$128K
net assets · Ln 32
Cash and savingsLn 1–2$93K
Total assetsLn 16$373K
LiabilitiesLn 26$245K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$282K
Gains on assetsLn 7$0
Total revenueLn 12$282K
Assets in detailPt X, end of year
CashLn 1$93K
SavingsLn 2$0
Cash and savings togetherLn 1–2$93K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$373K
LiabilitiesLn 26$245K
Net assetsLn 32$128K
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$423K$93K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$463K$373K
LiabilitiesLn 26$185K$245K
Net assetsLn 32$279K$128K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
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$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$2K
Legal feesLn 11b$1K
Accounting feesLn 11c$18K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$378K
Advertising and promotionLn 12$14K
Office expensesLn 13$790
Information technologyLn 14$1K
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$2K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$15K
InterestLn 20$104
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
All other expensesLn 24e$0
Total functional expensesLn 25$432K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $282K$432K−$151K$128K 990 PDF
FY2024 $238K$354K−$116K$279K 990 PDF
FY2023 $188K$321K−$133K$395K 990 PDF
FY2022 $385K$275K$110K$529K 990 PDF
FY2021 $403K$239K$164K$418K 990 PDF
FY2020 $376K$310K$66K$254K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $281,667 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $237,500$281,667
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $237,500$281,667
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $353,989$432,474
I-18 Total expensesPrior year $353,989$432,474
I-19 Revenue less expensesPrior year −$116,489−$150,807
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $281,667 across 9 lines filed
VIII-1b Membership dues$241,667
VIII-1f All other contributions, gifts and grants$40,000
VIII-1h Total contributions, gifts and grants$281,667
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$281,667
Part IX · Statement of functional expenses $432,474 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
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 staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$1,734
IX-11b Legal fees$1,423
IX-11c Accounting fees$18,017
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$377,976
IX-12 Advertising and promotion$14,000
IX-13 Office expenses$790
IX-14 Information technology$1,332
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$2,078
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$15,020
IX-20 Interest$104
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$432,474
Part X · Balance sheet $372,977 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $423,145$92,977
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $40,000$280,000
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $144$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $463,289$372,977
X-19 Deferred revenueStart of year $180,000$245,000
X-25 Other liabilitiesStart of year $4,483$1
X-26 Total liabilitiesStart of year $184,506$245,001
X-27 Net assets without donor restrictionsStart of year $278,783$127,976
X-32 Total net assets or fund balancesStart of year $278,783$127,976
X-33 Total liabilities and net assetsStart of year $463,289$372,977
Part XI · Reconciliation of net assets $127,976 net assets at year end
XI-1 Total revenue$281,667
XI-2 Total expenses$432,474
XI-3 Revenue less expenses−$150,807
XI-4 Net assets at start of year$278,783
XI-10 Net assets at end of year$127,976

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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