Civic Intelligence

Kostopulos Dream Foundation Camp Kostopulos

990 • Fiscal year 2017 • EIN 87-6125177

Oct 01, 2016 to Sep 30, 2017 • Filed on Mar 01, 2018

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

0.02x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

37th percentile

0.05x

Higher debt load relative to revenue than 37% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

90th percentile

$207,000

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

79th percentile

19%

Faster asset growth than 79% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

61st percentile

9.9%

Faster revenue growth than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$4,517,546

Up $716,244 (+19%) from 2016

Net Assets

Up

$4,404,851

Up $706,078 (+19%) from 2016

Liabilities

Up

$112,695

Up $10,166 (+9.9%) from 2016

Revenue

Up

$2,253,466

Up $203,048 (+9.9%) from 2016

Expenses

Up

$1,588,652

Up $20,219 (+1.3%) from 2016

Net Income

Up

$664,814

Up $182,829 (+38%) from 2016

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

2017

Assets$4,517,546
Liabilities$112,695
Net Assets$4,404,851

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

2017

Revenue$2,253,466
Expenses$1,588,652
Net Income$664,814
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Mar 1, 2018
Return Version
2016v3.0
Gross Receipts
$2,286,111
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$2,812,454$2,939,906▲ $127,452
Cash and Non-Interest-Bearing Accounts$928,713$941,762▲ $13,049
Pledges and Grants Receivable-$522,656-
Accounts Receivable$42,022$85,432▲ $43,410
Total Assets$3,801,302$4,517,546▲ $716,244
Other Assets Total$18,113$27,790▲ $9,677
Liabilities
Accounts Payable and Accrued Expenses$102,529$112,695▲ $10,166
Total Liabilities$102,529$112,695▲ $10,166
Net Assets / Fund Balance
Unrestricted Net Assets$3,698,773$3,882,195▲ $183,422
Temporarily Rstr Net Assets-$522,656-
Total Net Assets Fund Balance$3,698,773$4,404,851▲ $706,078
Total Liabilities and Net Assets / Fund Balance$3,801,302$4,517,546▲ $716,244

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,067,965$984,539$3,052,504
Equipment$436,724$542,646$979,370
Leasehold Improvements$425,475$313,475$738,950
Other Land Buildings$9,742$5,708$15,450
Other Assets Org$14,811--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mircea DivriceanPresidentFT$160,000$47,000$207,000
Mike DivriceanChief Operating OfficerFT$108,625$7,172$115,797

Board Members and Trustees

NameTitle
Quinton StephensChairman
Rick LifferthPast Chairman
Andrea MossVice Chair
Tom BarkesVice Chair
Annette ShadeBoard Member
Brian LemkeBoard Member
Celeste EdmundsBoard Member
David MetivierBoard Member
Gary StidhamBoard Member
Jerry CookBoard Member
Kyle WintherBoard Member
Larry HandyBoard Member
Linda LeeBoard Member
Natalie JensenBoard Member
Rex WheelerBoard Member
Richard GreeneBoard Member
Sam UrieBoard Member
Spencer CritchettBoard Member
Steven EvansBoard Member
Terry GrantBoard Member
Layne SmithSecretary
Jason TravellerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,755,146
Program Service Revenue
$345,977
Investment Income
$1,094
Other Revenue
$151,249
All Other Contributions
$522,429
Change in Net Assets
$664,814

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 Table51$99,793
Food Inventory33$21,566
Total Noncash Contributions84$121,359

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,284,806
Revenue Not Reported on Financial Statements
$-31,340
Revenue Not Reported on Form 990
$618,108
Other Revenue Adjustments
$-31,340
Total Revenue per Audited Statements
$2,902,914
Total Revenue per Form 990
$2,253,466
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$918,214
Other Expenses$670,438
Total Fundraising Expense$16,587
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$631,981$51,175$11,212$694,368
Depreciation Depletion$191,221$574$574$192,369
Other Salaries and Wages$107,224$8,683$1,902$117,809
Payroll Taxes$61,403$4,022$894$66,319
Occupancy$58,716$95$95$58,906
Other Expenses$56,439$56$56$56,439
Office Expenses$49,804$1,153$919$51,876
Advertising$48,796--$48,796
Insurance$45,118--$45,118
Other Employee Benefits$36,573$2,618$527$39,718
Travel$17,046--$17,046
Fees for Services Accounting$4,629--$4,629
Fees for Services Other-$701$408$1,109
Total Functional Expenses$1,502,988$69,077$16,587$1,588,652

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,196,836
Total Expenses per Form 990$1,588,652
Expenses per Audited Statements$1,578,728
Expenses Not Reported on Form 990$618,108
Expenses Not Reported on Financial Statements$9,924
Other Expense Adjustments$9,924
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$31,340
Fundraising Gross Income$25,150
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraiser$166,010$21,000$2,988$18,012
Fundraiser$31,648$4,150$150$4,000
Total Events$313,751$25,150$31,340$-6,190
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 and approves the compensation of the executive director annually. Any changes are reflected in the budget which is approved by the board.

Other officer or key employee compensation Part VI line 15B

Executive director reviews and approves annually the compensation & benefits of the organizations employees. Any changes will be reflected in the budget which is approved by the board.

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
2018-03-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mircea Divricean
Formed
1953
Legal Domicile
Ut
Voting Board Members
22
Independent Board Members
22
Employees
54
Volunteers
2,450

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 $31,340Fundraising Costs ($31,340)Book/Tax Depreciation Differences $41,264

General explanation attachment

Form 990, Part III, Line 4a Summer Camp - from May - August 2017, we provided 11 weeks of Camp, had a total of 1,409 campers, providing 3,820 program hours, and 82,652 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 500 people, with 1,229 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 177 activities, for 509 people, providing 725 program hours, and 11,180 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 233 individual students, totaling 877 hours of individual instruction. Additionally, we provided 177 program hours of equine therapy for our Community Based programs (49 people), 420 program hours for Summer Camp (1,260 people), and 1,366 program hours for other groups (851 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 $ -31,340

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

Fundraising Costs $ -31,340Book/Tax Depreciation Difference $41,264

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IRS990/Form990PartVIISectionAGrp/PersonNm2Jason Traveller
IRS990/Form990PartVIISectionAGrp/PersonNm3Rick Lifferth
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IRS990/Form990PartVIISectionAGrp/PersonNm5Quinton Stephens
IRS990/Form990PartVIISectionAGrp/PersonNm6Layne Smith
IRS990/Form990PartVIISectionAGrp/PersonNm7Brian Lemke
IRS990/Form990PartVIISectionAGrp/PersonNm8Sam Urie
IRS990/Form990PartVIISectionAGrp/PersonNm9Jerry Cook
IRS990/Form990PartVIISectionAGrp/PersonNm10Tom Barkes
IRS990/Form990PartVIISectionAGrp/PersonNm11David Metivier
IRS990/Form990PartVIISectionAGrp/PersonNm12Natalie Jensen
IRS990/Form990PartVIISectionAGrp/PersonNm13Richard Greene
IRS990/Form990PartVIISectionAGrp/PersonNm14Kyle Winther
IRS990/Form990PartVIISectionAGrp/PersonNm15Gary Stidham
IRS990/Form990PartVIISectionAGrp/PersonNm16Terry Grant
IRS990/Form990PartVIISectionAGrp/PersonNm17Andrea Moss
IRS990/Form990PartVIISectionAGrp/PersonNm18Celeste Edmunds
IRS990/Form990PartVIISectionAGrp/PersonNm19Larry Handy
IRS990/Form990PartVIISectionAGrp/PersonNm20Steven Evans
IRS990/Form990PartVIISectionAGrp/PersonNm21Spencer Critchett
IRS990/Form990PartVIISectionAGrp/PersonNm22Mircea Divricean
IRS990/Form990PartVIISectionAGrp/PersonNm23Mike Divricean
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Past Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt21Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt22President
IRS990/Form990PartVIISectionAGrp/TitleTxt23Chief Operating Officer
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IRS990/FormationYr01953
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt036573
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt056
IRS990/OtherExpensesGrp/ProgramServicesAmt0194038
IRS990/OtherExpensesGrp/ProgramServicesAmt156439
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IRS990/OtherExpensesGrp/TotalAmt156439
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01634
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08683
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0107224
IRS990/OtherSalariesAndWagesGrp/TotalAmt0117809
IRS990/OwnWebsiteInd0X
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04022
IRS990/PayrollTaxesGrp/ProgramServicesAmt061403
IRS990/PayrollTaxesGrp/TotalAmt066319
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IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/Desc0Comm BasedSummer Camp
IRS990/ProgramServiceRevenueGrp/Desc1Horse Riding Fees
IRS990/ProgramServiceRevenueGrp/Desc2Rope Course Fees
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt145903
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt211910
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0288164
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt145903
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt211910
IRS990/ProgSrvcAccomActy2Grp/Desc0See Schedule O

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