Civic Intelligence

Rev1 Ventures

990 • Fiscal year 2020 • EIN 31-1658220

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

Organization ProfileWWW.REV1VENTURES.COM

View Organization Page

1275 Kinnear RoadColumbus, OH 43212

(614) 487-3700

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

31st percentile

0.07x

Higher debt load relative to assets than 31% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

31st percentile

0.14x

Higher debt load relative to revenue than 31% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

69th percentile

13%

Higher net margin than 69% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$573,217

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

55th percentile

8.8%

Faster asset growth than 55% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

15th percentile

-27%

Faster revenue growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets31st percentile

Assets

Up

$21,187,153

Up $1,722,347 (+8.8%) from 2019

Net Assets

Up

$19,694,462

Up $1,304,250 (+7.1%) from 2019

Liabilities

Up

$1,492,691

Up $418,097 (+39%) from 2019

Revenue And Expenses
Liabilities / Revenue31st percentileNet Margin69th percentile

Revenue

Down

$10,381,705

Down $3,764,955 (-27%) from 2019

Expenses

Down

$8,999,207

Down $945,533 (-9.5%) from 2019

Net Income

Down

$1,382,498

Down $2,819,422 (-67%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2010: $9,872,564Liabilities 2010: $2,820,730Net Assets 2010: $7,051,8342010Assets 2011: $13,096,833Liabilities 2011: $3,532,061Net Assets 2011: $9,564,7722011Assets 2012: $13,269,697Liabilities 2012: $3,902,819Net Assets 2012: $9,366,8782012Assets 2015: $10,768,149Liabilities 2015: $567,097Net Assets 2015: $10,201,0522015Assets 2016: $13,005,992Liabilities 2016: $304,885Net Assets 2016: $12,701,1072016Assets 2017: $13,455,095Liabilities 2017: $327,402Net Assets 2017: $13,127,6932017Assets 2018: $14,222,234Liabilities 2018: $856,818Net Assets 2018: $13,365,4162018Assets 2019: $19,464,806Liabilities 2019: $1,074,594Net Assets 2019: $18,390,2122019Assets 2020: $21,187,153Liabilities 2020: $1,492,691Net Assets 2020: $19,694,4622020Assets 2021: $26,327,627Liabilities 2021: $2,082,817Net Assets 2021: $24,244,8102021Assets 2022: $26,835,719Liabilities 2022: $2,593,717Net Assets 2022: $24,242,0022022Assets 2023: $30,782,227Liabilities 2023: $1,645,842Net Assets 2023: $29,136,3852023Assets 2024: $34,045,153Liabilities 2024: $2,469,271Net Assets 2024: $31,575,8822024

Highlighted filing

2020

Assets$21,187,153
Liabilities$1,492,691
Net Assets$19,694,462
Open 2020 Filing

Operations Trend

Revenue Growth15th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $5,805,2652010Expenses 2011: $6,646,5512011Expenses 2012: $7,428,8102012Revenue 2015: $8,400,015Expenses 2015: $6,771,702Net Income 2015: $1,628,3132015Revenue 2016: $9,088,596Expenses 2016: $7,056,206Net Income 2016: $2,032,3902016Revenue 2017: $9,247,767Expenses 2017: $7,681,612Net Income 2017: $1,566,1552017Revenue 2018: $9,903,165Expenses 2018: $9,314,200Net Income 2018: $588,9652018Revenue 2019: $14,146,660Expenses 2019: $9,944,740Net Income 2019: $4,201,9202019Revenue 2020: $10,381,705Expenses 2020: $8,999,207Net Income 2020: $1,382,4982020Revenue 2021: $11,835,439Expenses 2021: $9,746,521Net Income 2021: $2,088,9182021Revenue 2022: $12,957,997Expenses 2022: $12,233,760Net Income 2022: $724,2372022Revenue 2023: $11,093,890Expenses 2023: $11,389,907Net Income 2023: -$296,0172023Revenue 2024: $11,912,927Expenses 2024: $11,097,596Net Income 2024: $815,3312024

Highlighted filing

2020

Revenue$10,381,705
Expenses$8,999,207
Net Income$1,382,498
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.1
Gross Receipts
$10,381,705
Mission and Program Overview

Mission

We help entrepreneurs of ohio's tech start-ups build great companiesthrough our unique venture development services, business incubatorand capital attraction.

We help entrepreneurs of ohio tech start-ups build great companiesthrough our unique venture development services, business incubator andcapital attraction.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,812,955$10,695,743▲ $2,882,788
Investments Other Securities$6,011,966$5,137,937▼ $874,029
Other Notes and Loans Receivable, Net$2,164,584$1,842,201▼ $322,383
Pledges and Grants Receivable$2,405,208$1,557,070▼ $848,138
Land, Buildings, and Equipment, Net$919,136$1,553,700▲ $634,564
Receivables From Officers Etc-$230,000-
Prepaid Expenses and Deferred Charges$150,957$170,502▲ $19,545
Total Assets$19,464,806$21,187,153▲ $1,722,347
Liabilities
Unsecured Notes Loans Payable-$721,696-
Accounts Payable and Accrued Expenses$502,071$293,671▼ $208,400
Other Liabilities$572,523$265,886▼ $306,637
Deferred Revenue-$211,438-
Total Liabilities$1,074,594$1,492,691▲ $418,097
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,043,026$18,244,676▲ $1,201,650
Net Assets With Donor Restrictions$1,347,186$1,449,786▲ $102,600
Total Net Assets Fund Balance$18,390,212$19,694,462▲ $1,304,250
Total Liabilities and Net Assets / Fund Balance$19,464,806$21,187,153▲ $1,722,347

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,178,629$6,252,505$7,431,134
Equipment$375,071$778,326$1,153,397
Other Securities$3,034,547--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tom WalkerCEO & PresidentFT$500,000$73,217$573,217
Ryan HelonEvp, Investment FundsFT$217,485$99,540$317,025
Wayne EmbreeEvp, Investments & Venture AccelerationFT$299,605$11,400$311,005
Wayne EmbreeEvp, Investments & Venture Accelerat-$222,401$88,604$311,005
David DillmanChief Financial OfficerFT$200,757$95,770$296,527
Kristina CampbellChief Operations OfficerFT$212,901$36,333$249,234
John SchroepferManaging DirectorFT$170,236$63,165$233,401
David BergeronAdvisory PartnerFT$152,591$64,006$216,597
Mike MccannChief Business Development OfficerFT$150,000$59,315$209,315
Richard Parker MacdonellManaging DirectorFT$144,910$62,132$207,042
Matt CynkarManaging DirectorFT$130,000$57,062$187,062
Bethany GeorgeManaging DirectorFT$130,000$50,658$180,658
Michael Kindrat-prattManaging DirectorFT$130,000$44,317$174,317
Julia DeweyManaging DirectorFT$127,031$35,137$162,168

Board Members and Trustees

NameTitle
Andy RoseChair
Carter StewartDirector
David MeuseDirector
Grace WangDirector
Kevin ReevesDirector
Kim GarlandDirector
Kim ZavislakDirector
Michele HolcombDirector
Mike PapadakisDirector
Stephanie FortenerDirector
Susan RectorDirector
Timothy RobinsonDirector
Sue ZazonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,667,392
Program Service Revenue
$2,118,897
Investment Income
$595,416
Other Revenue
$0
All Other Contributions
$439,167
Change in Net Assets
$1,382,498
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,304,936
Other Expenses$3,079,271
Grants and Similar Amounts Paid$615,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,503,919$1,114,788-$4,618,707
Occupancy$1,344,761$3,477-$1,348,238
Grants to Domestic Orgs$615,000--$615,000
Advertising$365,866$3,682-$369,548
Depreciation Depletion$363,518--$363,518
Payroll Taxes$227,370$75,710-$303,080
Fees for Services Other$247,007$29,714-$276,721
Other Employee Benefits$130,176$97,779-$227,955
Pension Plan Contributions$117,241$37,953-$155,194
Fees for Services Accounting$20,418$130,662-$151,080
Office Expenses$71,292$316-$71,608
Insurance$50,227--$50,227
Fees for Services Lobbying$48,000--$48,000
Other Expenses$22,900$460-$23,360
Travel$20,778--$20,778
Conferences and Meetings$19,847--$19,847
Fees for Services Legal$384--$384
All Other Expenses$2,347,529$-2,347,529--
Total Functional Expenses$9,850,782$-851,575$0$8,999,207
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Matsaki Technologies IncHilliard, OH-Concept Funding$150,000
Hyperdamping IncColumbus, OH-Concept Funding$140,000
Ubihere IncHilliard, OH-Concept Funding$125,000
Koru Biopharma IncColumbus, OH-Concept Funding$100,000
Mobikit IncColumbus, OH-Concept Funding$100,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$230,000-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits$265,658
Due to Related Parties$228
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“To faciliate the timely filing of the form 990, the return is not reviewed prior to its filing by all directors. The return is, however, available for review at the next regularly scheduled board meeting.”

Form 990, Part VI, Section B, Line 12C

“The organization reviews ownership of all companies poised for concept investment to ensure an employee or director is not a shareholder and should not be part of the decision process”

Form 990, Part VI, Section B, Line 15

“The board of directors engaged compnesation consultant to assist in determining the proper level of compensation for the ceo and other officers.”

Form 990, Part VI, Section C, Line 19

“The forms 990 and 1023 are available upon request and via another's website, www.guidestar.org.”

Filing and Contact Details

Filer

Filer Name
Rev1 Ventures
EIN
31-1658220
Phone
6144873700
Address
1275 KINNEAR ROAD, COLUMBUS, OH 43212

Signing Officer

Name
David Dillman
Title
CFO
Phone
6144873700
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Walker
Formed
1999
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
13
Employees
37
Volunteers
0

Preparer

Firm
Gbq Partners LLC
Address
230 WEST STREET SUITE 700, COLUMBUS, OH 43215
Preparer
Scott W Eichar
Phone
6142211120
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Adjustment for consolidation -78,248.”

Financial Statement Notes

PART X, LINE 2:

“Rev1 ventures is exempt from income taxes under section 501(c)(3) of the internal revenue code. Rev1 ventures performs an annual assessment for any uncertainty in income tax positions, which includes an analysis of whether there are any tax positions taken with regard to unrelated business income, related deductions applied, or other activities that may jeopardize its tax-exempt status and thus would meet the definition of an uncertain tax position. No tax liability accrual was recorded as of the year ended december 31, 2020 relating to material uncertain positions taken as management believes there are none.”

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IRS990/Form990PartVIISectionAGrp/PersonNm17WAYNE EMBREE
IRS990/Form990PartVIISectionAGrp/PersonNm18RYAN HELON
IRS990/Form990PartVIISectionAGrp/PersonNm19MICHAEL KINDRAT-PRATT
IRS990/Form990PartVIISectionAGrp/PersonNm20RICHARD PARKER MACDONELL
IRS990/Form990PartVIISectionAGrp/PersonNm21MIKE MCCANN
IRS990/Form990PartVIISectionAGrp/PersonNm22JOHN SCHROEPFER
IRS990/Form990PartVIISectionAGrp/PersonNm23BETHANY GEORGE
IRS990/Form990PartVIISectionAGrp/PersonNm24MATT CYNKAR
IRS990/Form990PartVIISectionAGrp/PersonNm25JULIA DEWEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0561817
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14208757
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15239653
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16285846
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17299605
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18305625
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19169117
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20199576
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21201509
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22226592
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23174093
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24180063
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25155935
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO & PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14ADVISORY PARTNER
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHIEF OPERATIONS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17EVP, INVESTMENTS & VENTURE ACCELERATION
IRS990/Form990PartVIISectionAGrp/TitleTxt18EVP, INVESTMENT FUNDS
IRS990/Form990PartVIISectionAGrp/TitleTxt19MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21CHIEF BUSINESS DEVELOPMENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt22MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25MANAGING DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0553122
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt07228225
IRS990/GrantAmt0615000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0615000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0615000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0553122
IRS990/GrossReceiptsAmt010381705
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt015
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt050227
IRS990/InsuranceGrp/TotalAmt050227
IRS990/InvestmentIncomeGrp/ExclusionAmt042294
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt042294
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt06011966
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05137937
IRS990/IRPDocumentCnt01030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07030831
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0919136
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01553700
IRS990/LandBldgEquipCostOrOtherBssAmt08584531
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd01
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WE HELP ENTREPRENEURS OF OHIO'S TECH START-UPS BUILD GREAT COMPANIESTHROUGH OUR UNIQUE VENTURE DEVELOPMENT SERVICES, BUSINESS INCUBATORAND CAPITAL ATTRACTION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt018390212
IRS990/NetAssetsOrFundBalancesEOYAmt019694462
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0553122
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0553122
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt017043026
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt018244676
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt03477
IRS990/OccupancyGrp/ProgramServicesAmt01344761
IRS990/OccupancyGrp/TotalAmt01348238
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0316
IRS990/OfficeExpensesGrp/ProgramServicesAmt071292
IRS990/OfficeExpensesGrp/TotalAmt071608
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-78248
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt097779
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0130176
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0227955
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1EVENTS AND EDUCATION
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3RECRUITING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0613
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1800
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2460
IRS990/OtherExpensesGrp/ProgramServicesAmt0172759
IRS990/OtherExpensesGrp/ProgramServicesAmt1134785
IRS990/OtherExpensesGrp/ProgramServicesAmt227005
IRS990/OtherExpensesGrp/ProgramServicesAmt322900
IRS990/OtherExpensesGrp/TotalAmt0173372
IRS990/OtherExpensesGrp/TotalAmt1134785
IRS990/OtherExpensesGrp/TotalAmt227805
IRS990/OtherExpensesGrp/TotalAmt323360
IRS990/OtherLiabilitiesGrp/BOYAmt0572523
IRS990/OtherLiabilitiesGrp/EOYAmt0265886
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01114788
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03503919
IRS990/OtherSalariesAndWagesGrp/TotalAmt04618707
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02164584
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01842201
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt075710
IRS990/PayrollTaxesGrp/ProgramServicesAmt0227370
IRS990/PayrollTaxesGrp/TotalAmt0303080
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt037953
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0117241
IRS990/PensionPlanContributionsGrp/TotalAmt0155194
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02405208
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01557070
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0150957
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0170502
IRS990/PrincipalOfficerNm0TOM WALKER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/Desc0MANGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1FACILITY RENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01721248
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1397649
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01721248
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1397649
IRS990/ProgSrvcAccomActy2Grp/Desc0FUND 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. REV1 ALSO HANDLES THE DAILY ACCOUNTING AND COORDINATES ANNUAL TAX RETURNS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02194648
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02274825
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07944426
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01272607
IRS990/PYInvestmentIncomeAmt04115292
IRS990/PYOtherExpensesAmt03300156

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,187,153
Liabilities
$1,492,691
Net assets
$19,694,462
Revenue
$10,381,705
Expenses
$8,999,207
Net income
$1,382,498
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.0$2.47$31.6$11.9$11.1$0.82
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.8$1.65$29.1$11.1$11.4$0.30
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.8$2.59$24.2$13.0$12.2$0.72
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.3$2.08$24.2$11.8$9.75$2.09
2020Detailed filing. Detailed filing data is available for this year.$21.2$1.49$19.7$10.4$9.00$1.38
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.5$1.07$18.4$14.1$9.94$4.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.2$0.86$13.4$9.90$9.31$0.59
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.5$0.33$13.1$9.25$7.68$1.57
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$0.30$12.7$9.09$7.06$2.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$0.57$10.2$8.40$6.77$1.63
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.3$3.90$9.37$7.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$3.53$9.56$6.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.87$2.82$7.05$5.81