Civic Intelligence

Rev1 Ventures

990 • Fiscal year 2021 • EIN 31-1658220

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 11, 2022

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

33rd percentile

0.08x

Higher debt load relative to assets than 33% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

38th percentile

0.18x

Higher debt load relative to revenue than 38% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

61st percentile

18%

Higher net margin than 61% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

89th percentile

$648,974

Higher top officer pay than 89% of similar nonprofits.

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

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

78th percentile

24%

Faster asset growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

52nd percentile

14%

Faster revenue growth than 52% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$26,327,627

Up $5,140,474 (+24%) from 2020

Net Assets

Up

$24,244,810

Up $4,550,348 (+23%) from 2020

Liabilities

Up

$2,082,817

Up $590,126 (+40%) from 2020

Revenue And Expenses
Liabilities / Revenue38th percentileNet Margin61st percentile

Revenue

Up

$11,835,439

Up $1,453,734 (+14%) from 2020

Expenses

Up

$9,746,521

Up $747,314 (+8.3%) from 2020

Net Income

Up

$2,088,918

Up $706,420 (+51%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth78th 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

2021

Assets$26,327,627
Liabilities$2,082,817
Net Assets$24,244,810
Open 2021 Filing

Operations Trend

Revenue Growth52nd 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

2021

Revenue$11,835,439
Expenses$9,746,521
Net Income$2,088,918
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 11, 2022
Return Version
2021v4.2
Gross Receipts
$11,835,439
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
Investments Other Securities$5,137,937$8,777,046▲ $3,639,109
Investments in Publicly Traded Securities-$8,389,556-
Cash and Non-Interest-Bearing Accounts$10,695,743$5,174,680▼ $5,521,063
Land, Buildings, and Equipment, Net$1,553,700$1,213,869▼ $339,831
Pledges and Grants Receivable$1,557,070$1,157,236▼ $399,834
Other Notes and Loans Receivable, Net$1,842,201$959,981▼ $882,220
Receivables From Officers Etc$230,000$460,000▲ $230,000
Prepaid Expenses and Deferred Charges$170,502$195,259▲ $24,757
Total Assets$21,187,153$26,327,627▲ $5,140,474
Liabilities
Accounts Payable and Accrued Expenses$293,671$1,086,308▲ $792,637
Unsecured Notes Loans Payable$721,696$721,696→ $0
Deferred Revenue$211,438$178,518▼ $32,920
Other Liabilities$265,886$96,295▼ $169,591
Total Liabilities$1,492,691$2,082,817▲ $590,126
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,244,676$23,599,328▲ $5,354,652
Net Assets With Donor Restrictions$1,449,786$645,482▼ $804,304
Total Net Assets Fund Balance$19,694,462$24,244,810▲ $4,550,348
Total Liabilities and Net Assets / Fund Balance$21,187,153$26,327,627▲ $5,140,474

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$906,191$6,551,667$7,457,858
Equipment$307,678$877,705$1,185,383
Other Securities$5,499,773--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tom WalkerCEO & PresidentFT$500,000$148,974$648,974
Ryan HelonEvp, Investment FundsFT$220,748$108,465$329,213
Wayne EmbreeEvp, Investments & VentureFT$225,737$94,445$320,182
David DillmanChief Financial OfficerFT$203,769$104,004$307,773
Kristina CampbellChief Operations OfficerFT$216,095$37,667$253,762
Mike MccannChief Business Development OfficerFT$156,250$61,841$218,091
Richard Parker MacdonellManaging DirectorFT$147,084$61,793$208,877
Michael Kindrat-prattManaging DirectorFT$134,583$55,732$190,315
Bethany GeorgeManaging DirectorFT$132,708$54,790$187,498
Matt CynkarManaging DirectorFT$132,708$52,615$185,323
Julia DeweyManaging DirectorFT$131,979$49,705$181,684
Alicia OddiManaging DirectorFT$102,718$56,669$159,387

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$7,814,832
Program Service Revenue
$2,385,124
Investment Income
$1,635,483
Other Revenue
$0
All Other Contributions
$497,296
Change in Net Assets
$2,088,918
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,782,465
Other Expenses$4,213,056
Grants and Similar Amounts Paid$751,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,812,807$376,595-$4,189,402
Fees for Services Other$1,383,730$18,605-$1,402,335
Occupancy$1,215,439$2,730-$1,218,169
Grants to Domestic Orgs$751,000--$751,000
Advertising$421,023$5,108-$426,131
Depreciation Depletion$398,540--$398,540
Payroll Taxes$242,673$32,961-$275,634
Other Employee Benefits$121,592$57,831-$179,423
Fees for Services Accounting$18,743$120,148-$138,891
Pension Plan Contributions$124,994$13,012-$138,006
Insurance$54,763--$54,763
Office Expenses$52,361$53-$52,414
Fees for Services Lobbying$48,000--$48,000
Conferences and Meetings$31,751--$31,751
Travel$26,420--$26,420
Other Expenses$4,726$530-$4,726
Total Functional Expenses$9,117,721$628,800$0$9,746,521
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Protein Capture ScienceColumbus, OH-Product Development$150,000
Rescon TechnologiesHilliard, OH-Employee Costs$148,500
Core Quantum TechnologiesColumbus, OH-Product Development$131,110
AwareabilityColumbus, OH-Equipment/supplies$100,000
FleriColumbus, OH-Product Development$100,000
DasisimulationsDublin, OH-Product Development$66,390
ZeovationColumbus, OH-Equipment/supplies$37,500
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$460,000▲ $230,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits$96,067
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
2022-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Walker
Formed
1999
Legal Domicile
Oh
Voting Board Members
13
Independent Board Members
12
Employees
42
Volunteers
0

Preparer

Firm
Gbq Partners LLC
Address
230 WEST STREET SUITE 700, COLUMBUS, OH 43215
Preparer
Robert Roll
Phone
6142211120
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting fees: program service expenses 1,383,549. Management and general expenses 8,965. Fundraising expenses 0. Total expenses 1,392,514. Bank service charges: program service expenses 181. Management and general expenses 9,640. Fundraising expenses 0. Total expenses 9,821.”

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, 2021 relating to material uncertain positions taken as management believes there are none.”

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IRS990/Form990PartVIISectionAGrp/PersonNm23JULIA DEWEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0637374
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/ReportableCompFromOrgAmt13244006
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14296732
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15308582
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16317613
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17183000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18201229
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19209707
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20180516
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21178414
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22156305
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23174701
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/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/TitleTxt13CHIEF OPERATIONS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15EVP, INVESTMENTS & VENTURE
IRS990/Form990PartVIISectionAGrp/TitleTxt16EVP, INVESTMENT FUNDS
IRS990/Form990PartVIISectionAGrp/TitleTxt17MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHIEF BUSINESS DEVELOPMENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt20MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23MANAGING DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt01625338
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt07317536
IRS990/GrantAmt0751000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0751000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0751000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01625338
IRS990/GrossReceiptsAmt011835439
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt015
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt054763
IRS990/InsuranceGrp/TotalAmt054763
IRS990/InvestmentIncomeGrp/ExclusionAmt010145
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010145
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt05137937
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt08777046
IRS990/InvestmentsPubTradedSecGrp/EOYAmt08389556
IRS990/IRPDocumentCnt066
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07429372
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01553700
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01213869
IRS990/LandBldgEquipCostOrOtherBssAmt08643241
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/NetAssetsOrFundBalancesBOYAmt019694462
IRS990/NetAssetsOrFundBalancesEOYAmt024244810
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01625338
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01625338
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02461430
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt018244676
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt023599328
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02730
IRS990/OccupancyGrp/ProgramServicesAmt01215439
IRS990/OccupancyGrp/TotalAmt01218169
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt053
IRS990/OfficeExpensesGrp/ProgramServicesAmt052361
IRS990/OfficeExpensesGrp/TotalAmt052414
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt057831
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0121592
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0179423
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1EVENTS AND EDUCATION
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3RECRUITING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01227
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1530
IRS990/OtherExpensesGrp/ProgramServicesAmt0300160
IRS990/OtherExpensesGrp/ProgramServicesAmt155251
IRS990/OtherExpensesGrp/ProgramServicesAmt253748
IRS990/OtherExpensesGrp/ProgramServicesAmt34726
IRS990/OtherExpensesGrp/TotalAmt0301387
IRS990/OtherExpensesGrp/TotalAmt155251
IRS990/OtherExpensesGrp/TotalAmt254278
IRS990/OtherExpensesGrp/TotalAmt34726
IRS990/OtherLiabilitiesGrp/BOYAmt0265886
IRS990/OtherLiabilitiesGrp/EOYAmt096295
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0376595
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03812807
IRS990/OtherSalariesAndWagesGrp/TotalAmt04189402
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01842201
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0959981
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt032961
IRS990/PayrollTaxesGrp/ProgramServicesAmt0242673
IRS990/PayrollTaxesGrp/TotalAmt0275634
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt013012
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0124994
IRS990/PensionPlanContributionsGrp/TotalAmt0138006
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01557070
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01157236
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0170502
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0195259
IRS990/PrincipalOfficerNm0TOM WALKER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/Desc0MANGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1FACILITY RENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01782982
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1602142
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01782982
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1602142
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/ExpenseAmt01582980
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02645217
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07667392
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0615000
IRS990/PYInvestmentIncomeAmt0595416
IRS990/PYOtherExpensesAmt03079271
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02118897
IRS990/PYRevenuesLessExpensesAmt01382498
IRS990/PYSalariesCompEmpBnftPaidAmt05304936
IRS990/PYTotalExpensesAmt08999207
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010381705
IRS990/QuidProQuoContributionsInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0230000
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0460000
IRS990/ReconcilationRevenueExpnssAmt02088918
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,327,627
Liabilities
$2,082,817
Net assets
$24,244,810
Revenue
$11,835,439
Expenses
$9,746,521
Net income
$2,088,918
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
2021Detailed filing. Detailed filing data is available for this year.$26.3$2.08$24.2$11.8$9.75$2.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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