Civic Intelligence

Rockies Venture Institute

EIN 47-3796537 • 501(c)3 • Denver, CO

Profile

The Rockies Venture Institute is dedicated to furthering economic development through the creation and delivery of education programs and services for entrepreneurs, angel/venture capital investors, and economic developers.

1415 Park Avenue WestDenver, CO 80205

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

14th percentile

-54%

Higher net margin than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

17th percentile

-62%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

97th percentile

318%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$52,480

Down $85,165 (-62%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$52,480

Down $85,165 (-62%) from 2022

Operations
Liabilities / RevenueScore unavailableNet Margin14th percentile

Revenue

Up

$158,687

Up $120,758 (+318%) from 2022

Expenses

Up

$243,852

Up $188,683 (+342%) from 2022

Net Income

Down

-$85,165

Down $67,925 (-394%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2015: $1Liabilities 2015: $02015Assets 2021: $156,223Liabilities 2021: $0Net Assets 2021: $156,2232021Assets 2022: $137,645Net Assets 2022: $137,6452022Assets 2023: $52,480Net Assets 2023: $52,4802023

Highlighted filing

2023

Assets$52,480
Liabilities-
Net Assets$52,480
Open 2023 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2021: $98,945Expenses 2021: $375Net Income 2021: $98,5702021Revenue 2022: $37,929Expenses 2022: $55,169Net Income 2022: -$17,2402022Revenue 2023: $158,687Expenses 2023: $243,852Net Income 2023: -$85,1652023

Highlighted filing

2023

Revenue$158,687
Expenses$243,852
Net Income-$85,165
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$52,480
Liabilities
-
Net assets
$52,480
Revenue
$158,687
Expenses
$243,852
Net income
-$85,165
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.52$0.52$1.59$2.44$0.85
2022Detailed filing. Detailed filing data is available for this year.$1.38$1.38$0.38$0.55$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$0.99$0.00$0.99
2015Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 19, 2024
Return Version
2023v5.1
Gross Receipts
$158,687
Mission and Program Overview

Mission

The Rockies Venture Institute is dedicated to furthering economic development through the creation and delivery ofeducation programs for entrepreneurs, angel/venture capital investors, and economic developers. These workshops range from half day programs to week-long HyperAccelerators. The RVI provides unique content that is not available and which provides key tools, concepts and processes to help connect investors and entrepreneurs.

The Rockies Venture Institute is dedicated to furthering economic development through the creation and delivery of education programs and services for entrepreneurs, angel/venture capital investors, and economic developers.

Program Services

DescriptionGrantsExpenses
These are programs for assisting companies in their growth initiatives.$148,687$242,592
HyperAccelerator Program - startup accelerator for underserved founders.Includes program, mentoring, training and a demo day presentation to investors. Twenty companies were participating in the program.$0$0
Friends and Family Funding Program - pitch events focusing on helping underservedounders who do not have wealthy friends and family to pitch to investors who are willing to invest in early stage companies. Eight companies presented and audiences of approximately 175 people attended.$0$0
Pitch Academy - this is a half-day hands-on workshop to help startups with theirfunding strategies and making a powerful pitch for investors.We offered twelve of these programs in 2023 for underserved founders.$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter AdamsPresident/Executive Director-$0--
Sarah MadridSecretary/Treasurer-$0--
Kevin KudraBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Rockies Venture Institute
EIN
47-3796537
Phone
7203539350
Address
1415 Park Avenue West, Denver, CO 80205

Signing Officer

Name
Peter Adams
Title
Managing Director
Phone
7203539350
Signed
2024-04-19
Discuss with paid preparer
Yes

Preparer

Firm
Swank Accounting LLC
Address
400 N Park Ave 12B, Breckenridge, CO 80424
Preparer
Kimberly Swank
Phone
3036481935
Supplemental Narrative

Additional Explanations

Pt III, Line 31

“These are programs for assisting companies in their growth initiatives.”

Form 990EZ, Part I, Line 16

“Licensing 10.”

Form 990EZ, Part I, Line 16

“Consulting 43403.”

Raw XML Appendix174 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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