Civic Intelligence

Kostopulos Dream Foundation Camp Kostopulos

990 • Fiscal year 2016 • EIN 87-6125177

Oct 01, 2015 to Sep 30, 2016 • Filed on Jan 19, 2017

4180 Emigration CanyonSalt Lake City, UT 84108

(801) 582-0700

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.03x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

36th percentile

0.05x

Higher debt load relative to revenue than 36% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

82nd percentile

24%

Higher net margin than 82% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

85th percentile

$161,250

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

79th percentile

16%

Faster asset growth than 79% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

83rd percentile

30%

Faster revenue growth than 83% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$3,801,302

Up $531,986 (+16%) from 2015

Net Assets

Up

$3,698,773

Up $511,822 (+16%) from 2015

Liabilities

Up

$102,529

Up $20,164 (+24%) from 2015

Revenue

Up

$2,050,418

Up $470,336 (+30%) from 2015

Expenses

Up

$1,568,433

Up $227,327 (+17%) from 2015

Net Income

Up

$481,985

Up $243,009 (+102%) from 2015

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,741,824Liabilities 2011: $24,122Net Assets 2011: $2,717,7022011Assets 2012: $2,778,352Liabilities 2012: $28,118Net Assets 2012: $2,750,2342012Assets 2013: $2,987,303Liabilities 2013: $47,207Net Assets 2013: $2,940,0962013Assets 2014: $2,991,553Liabilities 2014: $60,485Net Assets 2014: $2,931,0682014Assets 2015: $3,269,316Liabilities 2015: $82,365Net Assets 2015: $3,186,9512015Assets 2016: $3,801,302Liabilities 2016: $102,529Net Assets 2016: $3,698,7732016Assets 2017: $4,517,546Liabilities 2017: $112,695Net Assets 2017: $4,404,8512017Assets 2018: $4,680,606Liabilities 2018: $163,520Net Assets 2018: $4,517,0862018Assets 2019: $4,862,773Liabilities 2019: $150,690Net Assets 2019: $4,712,0832019Assets 2020: $5,004,212Liabilities 2020: $336,246Net Assets 2020: $4,667,9662020Assets 2021: $5,503,401Liabilities 2021: $451,749Net Assets 2021: $5,051,6522021Assets 2022: $6,152,567Liabilities 2022: $328,561Net Assets 2022: $5,824,0062022Assets 2023: $6,253,546Liabilities 2023: $405,203Net Assets 2023: $5,848,3432023Assets 2024: $7,406,161Liabilities 2024: $489,786Net Assets 2024: $6,916,3752024

Highlighted filing

2016

Assets$3,801,302
Liabilities$102,529
Net Assets$3,698,773

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,205,610Expenses 2011: $976,271Net Income 2011: $229,3392011Revenue 2012: $1,137,875Expenses 2012: $1,109,996Net Income 2012: $27,8792012Revenue 2013: $1,213,072Expenses 2013: $1,032,266Net Income 2013: $180,8062013Revenue 2014: $1,117,065Expenses 2014: $1,135,957Net Income 2014: -$18,8922014Revenue 2015: $1,580,082Expenses 2015: $1,341,106Net Income 2015: $238,9762015Revenue 2016: $2,050,418Expenses 2016: $1,568,433Net Income 2016: $481,9852016Revenue 2017: $2,253,466Expenses 2017: $1,588,652Net Income 2017: $664,8142017Revenue 2018: $1,953,164Expenses 2018: $1,895,973Net Income 2018: $57,1912018Revenue 2019: $2,015,438Expenses 2019: $1,820,441Net Income 2019: $194,9972019Revenue 2020: $1,236,213Expenses 2020: $1,280,330Net Income 2020: -$44,1172020Revenue 2021: $1,724,674Expenses 2021: $1,340,988Net Income 2021: $383,6862021Revenue 2022: $2,416,799Expenses 2022: $1,644,445Net Income 2022: $772,3542022Revenue 2023: $1,972,616Expenses 2023: $1,948,279Net Income 2023: $24,3372023Revenue 2024: $3,230,171Expenses 2024: $2,162,139Net Income 2024: $1,068,0322024

Highlighted filing

2016

Revenue$2,050,418
Expenses$1,568,433
Net Income$481,985
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Jan 19, 2017
Return Version
2015v3.0
Gross Receipts
$2,102,511
Mission and Program Overview

Mission

Provide programs which imporve the quality of life for people of all abilities, including those with disabilities or special medical needs, through education, recreation, and growth opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,727,415$2,812,454▲ $85,039
Cash and Non-Interest-Bearing Accounts$489,963$928,713▲ $438,750
Accounts Receivable$47,276$42,022▼ $5,254
Total Assets$3,269,316$3,801,302▲ $531,986
Other Assets Total$4,662$18,113▲ $13,451
Liabilities
Accounts Payable and Accrued Expenses$82,365$102,529▲ $20,164
Total Liabilities$82,365$102,529▲ $20,164
Net Assets / Fund Balance
Unrestricted Net Assets$3,185,034$3,698,773▲ $513,739
Temporarily Rstr Net Assets$1,917--
Total Net Assets Fund Balance$3,186,951$3,698,773▲ $511,822
Total Liabilities and Net Assets / Fund Balance$3,269,316$3,801,302▲ $531,986

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,949,670$901,497$2,851,167
Equipment$434,048$496,771$930,819
Leasehold Improvements$417,781$293,595$711,376
Other Land Buildings$10,955$4,445$15,400
Other Assets Org$8,133--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mircea DivriceanPresidentFT$150,000$11,250$161,250

Board Members and Trustees

NameTitle
Rick LifferthChairman
John MillerPast Chairman
Ron EssigVice Chair
Layne SmithVice Chair Legal
Abvram J MatineBoard Member
Andrea MossBoard Member
Annette ShadeBoard Member
Brennan MossBoard Member
Brian LemkeBoard Member
Celeste EdmundsBoard Member
David MetivierBoard Member
Gary StidhamBoard Member
Jeff GriffithBoard Member
Jeff ThorpeBoard Member
Jerry CookBoard Member
Jon AccarrinoBoard Member
Jonathan GreeneBoard Member
Kyle WintherBoard Member
Larry HandyBoard Member
Linda LeeBoard Member
Mark HalesBoard Member
Michael PlantBoard Member
Mike ElliottBoard Member
Nanette GravietBoard Member
Natalie JensenBoard Member
Quinton StephensBoard Member
Richard GreeneBoard Member
Sam UrieBoard Member
Steven EvansBoard Member
Terry GrantBoard Member
Tom BarkesBoard Member
Rex WheelerSecretary
Jason TravellerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,534,390
Program Service Revenue
$405,849
Investment Income
$-7,095
Other Revenue
$117,274
All Other Contributions
$962,812
Change in Net Assets
$481,985

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table96$313,742
Food Inventory25$24,273
Total Noncash Contributions121$338,015

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,094,624
Revenue Not Reported on Financial Statements
$-44,206
Other Revenue Adjustments
$-44,206
Total Revenue per Audited Statements
$2,094,624
Total Revenue per Form 990
$2,050,418
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$834,614
Other Expenses$733,819
Total Fundraising Expense$32,206
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$566,298$47,338$9,217$622,853
Depreciation Depletion$141,087$12,385$18,351$171,823
Other Salaries and Wages$106,309$8,887$1,730$116,926
Payroll Taxes$56,851$4,663$969$62,483
Occupancy$56,437$122$132$56,691
Office Expenses$39,775$1,237$1,059$42,071
Insurance$40,561--$40,561
Other Expenses$32,403--$32,403
Other Employee Benefits$29,523$2,358$471$32,352
Travel$15,960--$15,960
Advertising$4,055--$4,055
Fees for Services Accounting$3,139--$3,139
Fees for Services Other-$1,277$277$1,554
Total Functional Expenses$1,457,960$78,267$32,206$1,568,433

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,582,802
Total Expenses per Audited Statements$1,582,802
Total Expenses per Form 990$1,568,433
Expenses Not Reported on Financial Statements$-14,369
Other Expense Adjustments$-14,369
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$44,206
Fundraising Gross Income$23,200
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraiser$241,083$18,600$16,057$2,543
Fundraiser$14,715$4,600-$4,600
Total Events$255,798$23,200$44,206$-21,006
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Member election for additional members Part VI line 7A

Board Members

Governing body decisions Part VI line 7B

Board Members

Form 990 governing body review Part VI line 11

The general board reviews the annual tax return.

Conflict of interest policy compliance Part VI line 12C

Annually the board members acknowledge compliance to policies by signing an Acknowledgement of Receipt of Polocies form.

CEO executive director top management comp Part VI line 15A

Executive committee reviews the compensation of the executive director at the beginning of each fiscal year. Any changes will go before the board for final approval.

Other officer or key employee compensation Part VI line 15B

Executive director reviews annually the compensation & benefits of the officers and key employees of the organization. Any changes will be put before the board for approval with approval of the budget.

Governing documents etc available to public Part VI line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Kostopulos Dream Foundation
EIN
87-6125177
Address
4180 Emigration Canyon, Salt Lake City, UT 84108
Doing Business As
Camp Kostopulos

Signing Officer

Name
Jason Traveller
Title
CEO
Signed
2017-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mircea Divricean
Formed
1953
Legal Domicile
Ut
Voting Board Members
34
Independent Board Members
34
Employees
51
Volunteers
1,950

Preparer

Firm
Traveller & Company LLC
Address
500 North Marketplace Dr Suite 202, Centerville, UT 84014
Preparer
David Traveller
Phone
8012991302
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Fundraising Costs $44,206Fundraising Costs ($44,206)Book/Tax Depreciation Differences $29,837

General explanation attachment

Form 990, Part III, Line 4a Summer Camp - from May - August 2016, we provided 12 weeks of Camp, had a total of 1,124 campers, providing 3,196 program hours, and 69,740 service hours. Camps include Residential, Trip, Day, Partner, and Specialty camps. Residential, Trip, and Specialty camps are 5 days/4 nights, and Day and Partner Camps are 5 days. Specialty Camps are dedicated to children/teens with Neurofibromatosis, Organ Transplants, and Muscular Dystrophy, and campers come from all over the US, Canada, UK, and other international locations. Residential, Day, Partner and Specialty camps are held at our campus in Emigration Canyon, where campers ride horses, traverse high ropes course, swim, fish, canoe, hike, and more. Travel trip camps include destinations such as Salt Lake Valley, Park City, Zion, Jackson Hole, Yellowstone, Bryce Canyon, Capitol Reef, and Bear Lake. Our campers include people with autism spectrum disorder, cerebral palsy, Down syndrome, muscular dystrophy, spina bifida, neurofibromatosis, Prader Willi, organ transplants (liver, kidney, or heart), spinal cord injury, traumatic brain injury, vision/hearing impairments, amputees, developmental/learning delays, ADHD, learning disabilities, veterans with PTSD, and others. We also provided Adventure Days and Mini-Camps for Hill Airforce Base, Intermountain PKU, St. Ambrose, and others. Additionally, Ropes/Teambuilding/Leadership Training was provided to more than 400 people, with 1126 service hours. Form 990, Part III, Line 4bCommunity based programs - from October 2015 through April 2016 and September 2016 provided 5 to 6 activities weekly for children and adults with disabilities. Our students stretch their imaginations, learn practical life skills, learn problem-solving skills, maximize their potential for independence, and build healthy bodies, minds, and spirits. Activities include Mini-Camps, Drama, Dance, Sports, Horseback Riding, Bowling, Cooking Classes, Arts & Crafts, and other educational activities. During these 8 months, we provided 173 activities, for 585 people, providing 1,200 program hours, and 14,517 service hours. Our Vocational Rehabilitation program teaches students skills necessary to enter the work place, financial literacy, and provides hands-on experience. Our Work Experience program allows students to utilize the skills they learned, as they gain real work experience by working for Camp K, and earning a paycheck. We also provide programs to other organizations, including U of U Neuropsychiatric Institute, Primary Childrens Hospital, many school districts, and other organizations. Form 990, Part III, Line 4cOur year round Equestrian Program provided individual and group horseback lessons, therapeutic riding services, and equine therapy, which helps build confidence, communication, trust, social skills, impulse control, and boundaries, as well as increasing physical strength and balance. Our program focuses on reaching predetermined individual goals and objectives. We are an inclusive program and provide services to individuals with and without disabilities, as well as special populations. Approximately 85% of our equestrian clients have some type of disability. We served 389 individual students, totaling 1,387 hours of individual instruction. Additionally, we provided 304 program hours of equine therapy for our Community Based programs (152 people), 384 program hours for Summer Camp (1,124 people), and 1,933 program hours for other groups (1,171 people). Other groups who utilize our Equestrian Program include Hill Air Force Base, Muscular Dystrophy Association, Intermountain PKU, Primary Childrens Behavioral Unit, Veterans Administration, St. Ambrose, Roland Hall, Kearns St. Anne School, and others.

Financial Statement Notes

Other revenues included on Form 990 (Part XI, line 4B)

Fundraising Costs $ -44,206

Other expenses included on Form 990 (Part XII, line 4B)

Fundraising Costs $ -44,206Book/Tax Depreciation Difference $29,837

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IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice Chair Legal
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt31Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt32Board Member
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.41$0.49$6.92$3.23$2.16$1.07
2023Detailed filing. Detailed filing data is available for this year.$6.25$0.41$5.85$1.97$1.95$0.02
2022Detailed filing. Detailed filing data is available for this year.$6.15$0.33$5.82$2.42$1.64$0.77
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.50$0.45$5.05$1.72$1.34$0.38
2020Detailed filing. Detailed filing data is available for this year.$5.00$0.34$4.67$1.24$1.28$0.04
2019Detailed filing. Detailed filing data is available for this year.$4.86$0.15$4.71$2.02$1.82$0.19
2018Detailed filing. Detailed filing data is available for this year.$4.68$0.16$4.52$1.95$1.90$0.06
2017Detailed filing. Detailed filing data is available for this year.$4.52$0.11$4.40$2.25$1.59$0.66
2016Detailed filing. Detailed filing data is available for this year.$3.80$0.10$3.70$2.05$1.57$0.48
2015Detailed filing. Detailed filing data is available for this year.$3.27$0.08$3.19$1.58$1.34$0.24
2014Summary only. Only limited summary data is available for this year.$2.99$0.06$2.93$1.12$1.14$0.02
2013Summary only. Only limited summary data is available for this year.$2.99$0.05$2.94$1.21$1.03$0.18
2012Summary only. Only limited summary data is available for this year.$2.78$0.03$2.75$1.14$1.11$0.03
2011Summary only. Only limited summary data is available for this year.$2.74$0.02$2.72$1.21$0.98$0.23