Civic Intelligence

Revel

990 • Fiscal year 2022 • EIN 81-2022482

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 07, 2023

3501 Blake StreetDenver, CO 80205

(720) 534-0601

Siviq Scores

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

Liabilities / Assets

76th percentile

0.31x

Higher debt load relative to assets than 76% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

60th percentile

0.14x

Higher debt load relative to revenue than 60% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

37th percentile

0.7%

Higher net margin than 37% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

76th percentile

$119,033

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

87th percentile

44%

Faster asset growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

77th percentile

36%

Faster revenue growth than 77% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$553,521

Up $169,119 (+44%) from 2021

Net Assets

Up

$381,353

Up $51,085 (+15%) from 2021

Liabilities

Up

$172,168

Up $118,034 (+218%) from 2021

Revenue

Up

$1,227,527

Up $327,838 (+36%) from 2021

Expenses

Up

$1,218,836

Up $296,121 (+32%) from 2021

Net Income

Up

$8,691

Up $31,717 (+138%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2016: $5,290Liabilities 2016: $5,285Net Assets 2016: $52016Assets 2017: $47,382Liabilities 2017: $4,351Net Assets 2017: $43,0312017Assets 2018: $128,668Liabilities 2018: $5,835Net Assets 2018: $122,8332018Assets 2019: $301,121Liabilities 2019: $7,568Net Assets 2019: $293,5532019Assets 2020: $369,967Liabilities 2020: $16,673Net Assets 2020: $353,2942020Assets 2021: $384,402Liabilities 2021: $54,134Net Assets 2021: $330,2682021Assets 2022: $553,521Liabilities 2022: $172,168Net Assets 2022: $381,3532022Assets 2023: $562,100Liabilities 2023: $154,377Net Assets 2023: $407,7232023Assets 2024: $1,107,009Liabilities 2024: $669,209Net Assets 2024: $437,8002024

Highlighted filing

2022

Assets$553,521
Liabilities$172,168
Net Assets$381,353

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $195,611Expenses 2016: $196,606Net Income 2016: -$9952016Revenue 2017: $341,821Expenses 2017: $297,585Net Income 2017: $44,2362017Revenue 2018: $500,441Expenses 2018: $422,483Net Income 2018: $77,9582018Revenue 2019: $619,530Expenses 2019: $448,958Net Income 2019: $170,5722019Revenue 2020: $679,511Expenses 2020: $619,770Net Income 2020: $59,7412020Revenue 2021: $899,689Expenses 2021: $922,715Net Income 2021: -$23,0262021Revenue 2022: $1,227,527Expenses 2022: $1,218,836Net Income 2022: $8,6912022Revenue 2023: $1,775,818Expenses 2023: $1,749,448Net Income 2023: $26,3702023Revenue 2024: $2,627,374Expenses 2024: $2,597,297Net Income 2024: $30,0772024

Highlighted filing

2022

Revenue$1,227,527
Expenses$1,218,836
Net Income$8,691
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 7, 2023
Return Version
2022v5.0
Gross Receipts
$1,227,527
Mission and Program Overview

Mission

Provide services to autistic teens and adults.

At revel we believe teens and adults on the autism spectrum have the ability to connect, work, learn, and explore new interests together.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$280,374$308,582▲ $28,208
Land, Buildings, and Equipment, Net$102,978$96,365▼ $6,613
Accounts Receivable-$48,654-
Pledges and Grants Receivable-$25,144-
Prepaid Expenses and Deferred Charges-$4,000-
Savings and Temporary Cash Investments$1,050$1,351▲ $301
Total Assets$384,402$553,521▲ $169,119
Other Assets Total-$69,425-
Liabilities
Accounts Payable and Accrued Expenses$54,134$100,769▲ $46,635
Other Liabilities-$71,399-
Total Liabilities$54,134$172,168▲ $118,034
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$312,973$381,353▲ $68,380
Net Assets With Donor Restrictions$17,295--
Total Net Assets Fund Balance$330,268$381,353▲ $51,085
Total Liabilities and Net Assets / Fund Balance$384,402$553,521▲ $169,119

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$67,622$18,795$86,417
Other Land Buildings$28,743$21,557$50,300
Other Assets Org$69,425--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephanie EngelsExecutive DiFT$115,451$3,582$119,033

Board Members and Trustees

NameTitle
Jennifer SuttonBoard Chair
Meryl DuguayDirector
Robin KonciljaFundraising
Diane OsakiProgram Chai
Annie BaccaryTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Thrive Autism Collaborative-1728 N DOWNING STREET, Denver, CO 80218$200,289
Revenue and Support

Revenue Composition

Contributions and Grants
$657,089
Program Service Revenue
$561,123
Investment Income
$0
Other Revenue
$9,315
All Other Contributions
$474,494
Change in Net Assets
$8,691
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$618,493
Salaries, Compensation, and Employee Benefits$600,343
Total Fundraising Expense$115,495
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$380,705$20,890$32,710$434,305
Fees for Services Other$291,964$17,944$54,421$364,329
Current Officers, Directors, Trustees, and Key Employees$89,275$23,806$5,952$119,033
Office Expenses$53,324$21,740$2,638$77,702
Occupancy$46,708$4,461$3,781$54,950
Payroll Taxes$34,147$3,971$1,588$39,706
Depreciation Depletion$15,146$4,039$1,009$20,194
Travel$6,942$6,942$3,470$17,354
Insurance$5,612$8,818$1,603$16,033
Other Employee Benefits$6,671$372$256$7,299
Advertising$2,990$498$1,496$4,984
Other Expenses$3,850$2,566$513$3,850
All Other Expenses$1,255-$770$2,025
Total Functional Expenses$976,717$126,624$115,495$1,218,836
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
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board MemberTherapeutic ServicesNo$200,289
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$71,399
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The executive director, then the board, reviews and approves and the 990 before filing.

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest are monitored by the executive director and board as they may arise.

Form 990, Page 6, Part VI, Line 15A

The executive director's salary is reviewed by the board of directors annually by comparision to industry standards and handled accordingly.

Form 990, Page 6, Part VI, Line 19

The governing documents and policies are made available upon request.

Filing and Contact Details

Filer

Filer Name
Revel
EIN
81-2022482
Phone
7205340601
Address
3501 BLAKE STREET, DENVER, CO 80205

Signing Officer

Name
Stephanie Engels
Title
Executive Director
Phone
7205340601
Signed
2023-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Engels
Formed
2016
Legal Domicile
Co
Voting Board Members
5
Independent Board Members
4
Employees
14
Volunteers
50

Preparer

Firm
Taylor Roth and Company
Address
800 GRANT ST STE 205, DENVER, CO 80203-2944
Preparer
Shannon L Gilliland
Phone
3038308109
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide opportunities and fight potential isolation, depression, unemployment, and risk factors related to quality of life by: developing meaningful relationships; learning independent learning skills; exploring interests and career path; engaging in a range of fun activities; and participating in recreational outings and events.

Form 990, Page 1, Part I, Line 6

Volutneers are peer mentors and provide natural social opportunities for our clients with autism and i/dd to engage in social interactions with peers.

Form 990, Part IX, Line 11G

Fundraising services 0 0 52,178 therapeutic services 289,721 0 0 other contract services 2,243 17,944 2,243 total 291,964 17,944 54,421

Form 990, Part XI, Line 9

To recognize receivables 88,252 to recognize prepaid expense 6,378 to recognize accounts payable & accrued liabilitie -52,236 total 42,394 the cash method of accounting was used when preparing the form 990 financial statements for the period ended december 31, 2021. The organization is requesting a change in accounting method to accrual basis for the period ended december 31, 2022, and future periods. The adjustment recorded to beginning net assets to account for the change from cash to accrual basis was 42,394 which represented the net increase to net assets as a result of changing to the accrual method as of december 31, 2021.

Form 990, Part XII

Change in accounting method explanation: the organization had an audit for the period ended december 31, 2021, which was conducted on an accrual basis of accounting, and as a result, the organization's bookkeeping records will now be maintained on an accrual basis of accounting. Therefore, the form 990 accounting method for the period ended december 31, 2022, and future periods has been changed to the accrual basis method of accounting.

Form 990, Page 12, Part XII, Line 1

Change in accounting method explanation: the organization had an audit for the period ended december 31, 2021, which was conducted on an accrual basis of accounting, and as a result, the organization's bookkeeping records will now be maintained on an accrual basis of accounting. Therefore, the form 990 accounting method for the period ended december 31, 2022, and future periods has been changed to the accrual basis method of accounting.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has received an internal revenue service exemption from federal income taxes under section 501(c) (3). Accordingly, no provision or liability for income taxes has been provided in the accompanying financial statements.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS RECEIVED AN INTERNAL REVENUE SERVICE EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3). ACCORDINGLY, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0THRIVE AUTISM COLLABORATIVE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0THERAPEUTIC SERVICES
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0DURING THE YEAR ENDED DECEMBER 31, 2022, REVEL HAD A CONTRACT WITH THRIVE AUTISM COLLABORATIVE FOR THERAPEUTIC SERVICES. DIANE OSAKI IS A BOARD MEMBER OF REVEL AND ALSO AN OWNER (MORE THAN 35%) OF THRIVE AUTISM COLLABORATIVE. THE EXECUTIVE DIRECTOR OF REVEL IS ALSO EMPLOYED BY THRIVE AUTISM COLLABORATIVE.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE OPPORTUNITIES AND FIGHT POTENTIAL ISOLATION, DEPRESSION, UNEMPLOYMENT, AND RISK FACTORS RELATED TO QUALITY OF LIFE BY: DEVELOPING MEANINGFUL RELATIONSHIPS; LEARNING INDEPENDENT LEARNING SKILLS; EXPLORING INTERESTS AND CAREER PATH; ENGAGING IN A RANGE OF FUN ACTIVITIES; AND PARTICIPATING IN RECREATIONAL OUTINGS AND EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUTNEERS ARE PEER MENTORS AND PROVIDE NATURAL SOCIAL OPPORTUNITIES FOR OUR CLIENTS WITH AUTISM AND I/DD TO ENGAGE IN SOCIAL INTERACTIONS WITH PEERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR, THEN THE BOARD, REVIEWS AND APPROVES AND THE 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONFLICTS OF INTEREST ARE MONITORED BY THE EXECUTIVE DIRECTOR AND BOARD AS THEY MAY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED BY THE BOARD OF DIRECTORS ANNUALLY BY COMPARISION TO INDUSTRY STANDARDS AND HANDLED ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS AND POLICIES ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FUNDRAISING SERVICES 0 0 52,178 THERAPEUTIC SERVICES 289,721 0 0 OTHER CONTRACT SERVICES 2,243 17,944 2,243 TOTAL 291,964 17,944 54,421
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TO RECOGNIZE RECEIVABLES 88,252 TO RECOGNIZE PREPAID EXPENSE 6,378 TO RECOGNIZE ACCOUNTS PAYABLE & ACCRUED LIABILITIE -52,236 TOTAL 42,394 THE CASH METHOD OF ACCOUNTING WAS USED WHEN PREPARING THE FORM 990 FINANCIAL STATEMENTS FOR THE PERIOD ENDED DECEMBER 31, 2021. THE ORGANIZATION IS REQUESTING A CHANGE IN ACCOUNTING METHOD TO ACCRUAL BASIS FOR THE PERIOD ENDED DECEMBER 31, 2022, AND FUTURE PERIODS. THE ADJUSTMENT RECORDED TO BEGINNING NET ASSETS TO ACCOUNT FOR THE CHANGE FROM CASH TO ACCRUAL BASIS WAS 42,394 WHICH REPRESENTED THE NET INCREASE TO NET ASSETS AS A RESULT OF CHANGING TO THE ACCRUAL METHOD AS OF DECEMBER 31, 2021.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CHANGE IN ACCOUNTING METHOD EXPLANATION: THE ORGANIZATION HAD AN AUDIT FOR THE PERIOD ENDED DECEMBER 31, 2021, WHICH WAS CONDUCTED ON AN ACCRUAL BASIS OF ACCOUNTING, AND AS A RESULT, THE ORGANIZATION'S BOOKKEEPING RECORDS WILL NOW BE MAINTAINED ON AN ACCRUAL BASIS OF ACCOUNTING. THEREFORE, THE FORM 990 ACCOUNTING METHOD FOR THE PERIOD ENDED DECEMBER 31, 2022, AND FUTURE PERIODS HAS BEEN CHANGED TO THE ACCRUAL BASIS METHOD OF ACCOUNTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9CHANGE IN ACCOUNTING METHOD EXPLANATION: THE ORGANIZATION HAD AN AUDIT FOR THE PERIOD ENDED DECEMBER 31, 2021, WHICH WAS CONDUCTED ON AN ACCRUAL BASIS OF ACCOUNTING, AND AS A RESULT, THE ORGANIZATION'S BOOKKEEPING RECORDS WILL NOW BE MAINTAINED ON AN ACCRUAL BASIS OF ACCOUNTING. THEREFORE, THE FORM 990 ACCOUNTING METHOD FOR THE PERIOD ENDED DECEMBER 31, 2022, AND FUTURE PERIODS HAS BEEN CHANGED TO THE ACCRUAL BASIS METHOD OF ACCOUNTING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 12, PART XII, LINE 1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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