DAVINCI INSTITUTE INC

Address
9191 SHERIDAN BLVD 300
WESTMINSTER, CO 80031
Contact
Website: http://www.davinciinstitute.com
Phone: +1 (303) 666-4133
Nonprofit
NTEE: L20 - Housing Development, Construction, Management
EIN: 84-1342747

Mission

EDUCATION
 20172015201420132012
Basic features of the organization
Year of formation1996
Subsection code03
PF filing required0    
Metropolitan statistical area2082
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel  $93,500.00$60,150.00$48,500.00
Sum of reportable (W2/1099) compensation$105,720.00$96,000.00$93,500.00$60,000.00$48,500.00
Number of employees92212
Number of volunteers  555
Personnel
Cushman, Michael
TitleDIRECTORDIRECTORSECRETARYSECRETARYSECRETARY
Name of key/compensated personMICHAEL CUSHMANMICHAEL CUSHMANMICHAEL CUSHMANMICHAEL CUSHMANMICHAEL CUSHMAN
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org 0.800.000.000.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Frey, Debra
TitlePRESIDENTPRESIDENTCOOCOOCOO
Name of key/compensated personDEBRA FREYDEBRA FREYDEBRA FREYDEBRA FREYDEBRA FREY
Position of compensated person
Average hours per week working for org40.0055.0060.0060.0060.00
Reportable compensation from org$52,560.00$48,000.00$70,500.00$60,000.00$40,000.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$70,500.00$60,000.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Frey, Thomas
TitleEXECUTIVE DIEXECUTIVE DIEXECUTIVE DIRECTOREXECUTIVE DIRECTOREXECUTIVE DIRECTOR
Name of key/compensated personTHOMAS FREYTHOMAS FREYTHOMAS FREYTHOMAS FREYTHOMAS FREY
Position of compensated person
Average hours per week working for org40.0055.0060.0060.0060.00
Reportable compensation from org$53,160.00$48,000.00$23,000.00$0.00$8,500.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$23,000.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Grobecker, Teresa
TitleDIRECTOR TREASURERTREASURERTREASURER
Name of key/compensated personTERESA GROBECKER TERESA GROBECKERTERESA GROBECKERTERESA GROBECKER
Position of compensated person
Current individual trustee or directorTrue TrueTrueTrue
Average hours per week working for org  0.000.000.00
Reportable compensation from org$0.00 $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00 $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 $0.00$0.00$0.00
Rabenberg, Teresa
Title DIRECTOR   
Name of key/compensated person TERESA RABENBERG   
Position of compensated person
Current individual trustee or director True   
Average hours per week working for org 0.80   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Ward, Christie
TitleDIRECTOR    
Name of key/compensated personCHRISTIE WARD    
Position of compensated person
Current individual trustee or directorTrue    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Purpose: mission, activities, & accomplishments
Mission or significant activitiesEDUCATIONEDUCATIONEDUCATIONEDUCATIONEDUCATION
Program service expenses, total$553,442.00$456,578.00$325,923.00$357,745.00$255,588.00
Programs, including revenue & expenses
2 EVENTS PER MONTH.START UP JUNKIE UNDERGROUND AND NIGHT WITH A FUTURIST. THE PUROSE IS TO HELP START UP ENTREPRENEURS AND TO STRETCH THE IMAGINATION AND PROMOTE FUTURISTIC THINKING AVERAGE ATTENDANCE 50-60.
Program expenses  $84,058.00$91,712.00$88,092.00
Program revenue  $10,780.00$6,220.00$9,836.00
Program description  2 EVENTS PER MONTH.START UP JUNKIE UNDERGROUND AND NIGHT WITH A FUTURIST. THE PUROSE IS TO HELP START UP ENTREPRENEURS AND TO STRETCH THE IMAGINATION AND PROMOTE FUTURISTIC THINKING AVERAGE ATTENDANCE 50-60.2 EVENTS PER MONTH.START UP JUNKIE UNDERGROUND AND NIGHT WITH A FUTURIST. THE PUROSE IS TO HELP START UP ENTREPRENEURS AND TO STRETCH THE IMAGINATION AND PROMOTE FUTURISTIC THINKING AVERAGE ATTENDANCE 50-60.2 EVENTS PER MONTH.START UP JUNKIE UNDERGROUND AND NIGHT WITH A FUTURIST. THE PUROSE IS TO HELP START UP ENTREPRENEURS AND TO STRETCH THE IMAGINATION AND PROMOTE FUTURISTIC THINKING AVERAGE ATTENDANCE 50-60.
NEWSLETTER AND BLOGSITE. NEWSLETTER TO 7600. BLOGSITE "IMPACT LAB" UPDATED DAILY. FEATURES FUTURISTIC NEWS ITEMS. MEMBERSHIPS'
Program expenses  $44,021.00$30,665.00$24,001.00
Program revenue  $21,692.00$37,552.00$37,317.00
Program description  NEWSLETTER AND BLOGSITE. NEWSLETTER TO 7600. BLOGSITE "IMPACT LAB" UPDATED DAILY. FEATURES FUTURISTIC NEWS ITEMS. MEMBERSHIPS'NEWSLETTER AND BLOGSITE. NEWSLETTER TO 7600. BLOGSITE "IMPACT LAB" UPDATED DAILY. FEATURES FUTURISTIC NEWS ITEMS. MEMBERSHIPS'NEWSLETTER AND BLOGSITE. NEWSLETTER TO 7600. BLOGSITE "IMPACT LAB" UPDATED DAILY. FEATURES FUTURISTIC NEWS ITEMS. MEMBERSHIPS'
PROVIDE EDUCATIONAL SERVICES VIA BOOTCAMPS, EVENTS, CLASSES,NEWSLETTERS,BLOGS, BLOGSITE, AND ENTREPENEURIAL ADVISING
Program expenses$553,442.00$456,578.00   
Program revenue$884,775.00    
Program descriptionPROVIDE EDUCATIONAL SERVICES VIA BOOTCAMPS, EVENTS, CLASSES,NEWSLETTERS,BLOGS, BLOGSITE, AND ENTREPENEURIAL ADVISINGPROVIDE EDUCATIONAL SERVICES VIA BOOTCAMPS, EVENTS, CLASSES, NEWSLETTERS, BLOGS, BLOGSITE, AND ENTREPENEURIAL STARTUP ADVISING.   
SUMMITS, BOOTCAMPS AND WEEKEND CRASH COURSES ARE EDUCATIONAL COURSES DESIGNED TO HELP SMALL TO MEDIUM BUSINESSES. TOPICS INCLUDE BLOGGING, BRANDING AND INVENTORS. AVERAGE ATTENDANCE 60-75.
Program expenses  $197,844.00$235,368.00$143,495.00
Program revenue  $464,945.00$348,578.00$244,756.00
Program description  SUMMITS, BOOTCAMPS AND WEEKEND CRASH COURSES ARE EDUCATIONAL COURSES DESIGNED TO HELP SMALL TO MEDIUM BUSINESSES. TOPICS INCLUDE BLOGGING, BRANDING AND INVENTORS. AVERAGE ATTENDANCE 60-75.SUMMITS, BOOTCAMPS AND WEEKEND CRASH COURSES ARE EDUCATIONAL COURSES DESIGNED TO HELP SMALL TO MEDIUM BUSINESSES. TOPICS INCLUDE BLOGGING, BRANDING AND INVENTORS. AVERAGE ATTENDANCE 60-75.SUMMITS, BOOTCAMPS AND WEEKEND CRASH COURSES ARE EDUCATIONAL COURSES DESIGNED TO HELP SMALL TO MEDIUM BUSINESSES. TOPICS INCLUDE BLOGGING, BRANDING AND INVENTORS. AVERAGE ATTENDANCE 60-75.
Financial data
Revenue
Total revenue$900,236.00$523,496.00$501,536.00$399,609.00$324,033.00
Revenue from contributions (total)$15,460.00$13,319.00$4,308.00$7,256.00$32,124.00
Investment income, current yr$1.00$10.00$11.00$3.00$7.00
Total revenue from grants, etc., current yr$15,460.00$13,319.00$4,308.00$7,256.00$32,124.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$884,775.00$510,167.00$497,217.00$392,350.00$291,902.00
Gross receipts$900,236.00$523,496.00$501,536.00$399,609.00$324,033.00
Sources of contributions
Contributions revenue from membership dues$1,600.00$2,309.00$3,083.00$4,296.00$11,306.00
Revenue from all other contributions$13,860.00$11,010.00$1,225.00$2,960.00$20,818.00
Other types of revenue
Income from dividends, interest, and similar investments$1.00$10.00$11.00$3.00$7.00
Net rental income $0.00$0.00$0.00 
Expense categories (totals)
Total functional expenses: sum of all$938,155.00$514,067.00$443,006.00$414,882.00$316,558.00
Total functional expenses: program service $553,442.00$456,578.00$325,923.00$357,745.00$255,588.00
Total functional expenses: management and general$384,713.00$57,489.00$66,921.00$57,137.00$60,970.00
Total functional expenses: fundraising$0.00$0.00$50,162.00$0.00$0.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$116,666.00$105,183.00$103,704.00$61,100.00$90,174.00
Total assets, beginning of year$135,029.00$103,704.00$61,100.00$90,174.00$54,697.00
Total liabilities$26,536.00$2,828.00$10,856.00$26,782.00$40,583.00
Total liabilities, beginning of year$6,979.00$10,856.00$26,782.00$40,583.00$12,581.00
Unrestricted net assets, end of yr$90,130.00$102,355.00$92,848.00$34,318.00$49,591.00
Net assets$90,130.00$102,355.00$92,848.00$34,318.00$49,591.00
Net assets, beginning of year$128,050.00$92,848.00$34,318.00$49,591.00$42,116.00
Other liabilities $2,268.00$2,279.00$2,126.00$1,442.00
Other assets$16,755.00    
Cash: non-interest bearing$20,754.00$20,695.00$31,883.00$7,535.00$5,707.00
Cash: non-interest bearing, beginning of year$49,038.00$31,883.00$7,535.00$5,707.00$8,722.00
Loans and other payables to key persons   $6,000.00$6,000.00
Other financial variables
Revenue less expenses-$37,919.00$9,429.00$58,530.00-$15,273.00$7,475.00
Advertising (total)$45,723.00$10,009.00$5,860.00$4,179.00$11,932.00
Savings & temp cash investment$3,000.00$11,851.00$8,541.00$24,052.00$1,051.00
Accounts receivable, net$67,629.00$64,741.00$52,276.00$11,555.00$64,747.00
Accounts payable & accrued expenses$26,536.00$560.00$8,577.00$18,656.00$33,141.00
Total net assets or fund balances$90,130.00$102,355.00$92,848.00$34,318.00$49,591.00
Depreciation, depletion, amortization$4,575.00$6,006.00$6,954.00$8,759.00$6,840.00
Governance and accountability
Number of voting members34442
Number of independent voting members34232
Relationships among key personnel  TrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-06-012014-06-012013-06-012012-06-012011-06-01
Tax year end date2017-05-012015-05-012014-05-012013-05-012012-05-01
Indicators for schedules (selected)
Outstanding loan to key person or disqualified person  TrueTrue 
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2017-12-052016-07-152015-05-152013-12-162013-02-15
IRS schema version2016v3.02014v6.02013v4.02012v2.02011v1.2
Filing identifier201742839349300334201630479349301743201500849349300630201322779349300432201320159349301512
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