Civic Intelligence

Rocky Mountain Dance Education Foundation

990EZ • Fiscal year 2024 • EIN 83-1112157

Jul 01, 2023 to Jun 30, 2024 • Filed on Oct 19, 2024

6050 Stetson Hills Blvd 101Colorado Spgs, CO 80923

(719) 332-1531

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

66th percentile

13%

Higher net margin than 66% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

91st percentile

96%

Faster asset growth than 91% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

87th percentile

69%

Faster revenue growth than 87% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$27,081

Up $13,231 (+96%) from 2023

Net Assets

Up

$27,081

Up $13,231 (+96%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Up

$103,088

Up $42,240 (+69%) from 2023

Expenses

Up

$89,857

Up $34,034 (+61%) from 2023

Net Income

Up

$13,231

Up $8,206 (+163%) from 2023

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2022: $8,825Liabilities 2022: $0Net Assets 2022: $8,8252022Assets 2023: $13,850Liabilities 2023: $0Net Assets 2023: $13,8502023Assets 2024: $27,081Liabilities 2024: $0Net Assets 2024: $27,0812024Assets 2025: $58,731Liabilities 2025: $0Net Assets 2025: $58,7312025

Highlighted filing

2024

Assets$27,081
Liabilities$0
Net Assets$27,081

Operations Trend

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

$150K$100K$50K$0Revenue 2022: $76,383Expenses 2022: $69,346Net Income 2022: $7,0372022Revenue 2023: $60,848Expenses 2023: $55,823Net Income 2023: $5,0252023Revenue 2024: $103,088Expenses 2024: $89,857Net Income 2024: $13,2312024Revenue 2025: $113,088Expenses 2025: $81,438Net Income 2025: $31,6502025

Highlighted filing

2024

Revenue$103,088
Expenses$89,857
Net Income$13,231
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 19, 2024
Return Version
2023v5.0
Gross Receipts
$103,088
Mission and Program Overview

Mission

The Revolution Dance Ensemble Foundation ensures youth dancers in the Pikes Peak Region can access quality education and performance opportunities through the provision of scholarships

We provide grants and scholarships for dancers in the state of Colorado the Rocky Mountain Region These are funded through a variety of fundraising community donations and member dues Organization did vote for a name change from Revolution Dance Ensemble Foundation to Rocky Mountain Dance Education Foundation to better reflect this charitable purpose in February 2024

Program Services

DescriptionGrantsExpenses
0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shannon OtterbyTreasurer-$0--
Jessica WatsonPresident-$0--
Jennifer BergquistVice President-$0--
Filing and Contact Details

Filer

Filer Name
Revolution Dance Ensemble Foundation
EIN
83-1112157
Phone
7193321531
Address
6050 Stetson Hills Blvd 101, COLORADO SPGS, CO 80923

Signing Officer

Name
Shannon Otterby
Title
Treasurer
Phone
7193321531
Signed
2024-10-19
Supplemental Narrative

Additional Explanations

Schedule O:

Grants and scholarships for a variety of dance-education related purposes were paid out in fiscal year 2023. These scholarships and grants totaled $84,392.35 and served a variety of purposes from performance scholarships, dance education grants, choreography grants and scholarships, dance educator DE&I training, purchase of dance equipment for public school dancers, and more. Of the remaining funds for the organization for the next fiscal year over $16,000 is already allocated to a variety of community scholarships and some have been paid and will be realized in 2024 fiscal year. With regard to other expenses from part 1.16 these include training for volunteers required to participate in fundraising activities (ie ServSafe at a cost of $615.60), $993 for insurance, as well as additional costs for state filing fees, supplies, fundraising expenses, rental of our mailbox, and quickbooks utilization.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Grants and scholarships for a variety of dance-education related purposes were paid out in fiscal year 2023. These scholarships and grants totaled $84,392.35 and served a variety of purposes from performance scholarships, dance education grants, choreography grants and scholarships, dance educator DE&I training, purchase of dance equipment for public school dancers, and more. Of the remaining funds for the organization for the next fiscal year over $16,000 is already allocated to a variety of community scholarships and some have been paid and will be realized in 2024 fiscal year. With regard to other expenses from part 1.16 these include training for volunteers required to participate in fundraising activities (ie ServSafe at a cost of $615.60), $993 for insurance, as well as additional costs for state filing fees, supplies, fundraising expenses, rental of our mailbox, and quickbooks utilization.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule O:
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Shannon Otterby
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07193321531
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REVOLUTION DANCE ENSEMBLE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0REVO
ReturnHeader/Filer/EIN0831112157
ReturnHeader/Filer/PhoneNum07193321531
ReturnHeader/Filer/USAddress/AddressLine1Txt06050 Stetson Hills Blvd 101
ReturnHeader/Filer/USAddress/CityNm0COLORADO SPGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080923
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02024-10-19T19:30:03Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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Filings