Skip to main content

Nonprofit · EIN 81-4684785

AGILE CITY WINSTON-SALEM

Also known as KAREN BARNS

Tax-exempt · WINSTON SALEM, NC 27101

Financials

$246K$287K2023
Revenue Expenses · by fiscal year end
Financials of AGILE CITY WINSTON-SALEM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$246,249$287,045-$40,796$44,925$601$44,324
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$40,000
Program service revenue
$201,701
Investment income
-$2,439
Net gain from sales of assets
-$2,439
Other revenue
$6,987

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$163,787
Other salaries and wages
$1,385
Salaries, compensation and benefits (total)
$176,497
Professional fundraising fees
$0
Accounting fees
$6,521
Occupancy
$227
Travel
$2,683
Depreciation
$551
Program services (functional)
$248,175
Management and general (functional)
$20,043
Fundraising (functional)
$18,827

Balance sheet and other

Total assets, start of year
$131,565
Total assets, end of year
$44,925
Total liabilities, end of year
$601
Net assets, end of year
$44,324
Land, buildings and equipment
$460
Gross receipts
$248,688
Employees
2
Volunteers
5
Year formed
2016
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KAREN BARNESEXECUTIVE DI
Officer
40$143,231$20,556
CAROLINE MOOREDIRECTOR
Trustee or director
1$0$0
FLETCHER STEELEDIRECTOR
Trustee or director
1$0$0
JASON PADONEDIRECTOR
Trustee or director
1$0$0
DAVID MOUNTSCHAIR
Trustee or director, Officer
1$0$0
ALLEN JOINESSECRETARY
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
500 W 5TH ST STE 800, WINSTON SALEM, NC 27101-3131
Principal officer (990 for 2023)
KAREN BARNES, 500 W 5TH STREET SUITE 800 PMB17, WINSTONSALEM, NC 27101
Signed the 990
KAREN BARNES, EXECUTIVE DIRECTOR
Phone
(865) 360-1341
Return prepared by
BUTLER BURKE LLP

Mission

TO BROADEN, CONNECT, AND SUPPORT THE INNOVATION COMMUNITY THROUGH PUBLIC SPACES AND PROGRAMS TO HELP ANYONE WITH AN IDEA SUCCEED.

990 for the year ended December 31, 2023

Program accomplishments

  • TO BROADEN, CONNECT, AND SUPPORT THE INNOVATION COMMUNITY THROUGH PUBLIC SPACES AND PROGRAMS TO HELP ANYONE WITH AN IDEA SUCCEED.
    Expenses $248,175 · revenue $201,701

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-4684785
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$44,925
Income (IRS master file)
$248,688

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$246,249$287,045$44,925XML
990December 2022$604,303$1,477,273$131,565IRS
990December 2021$2,144,669$1,333,252$994,242IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-4684785).

Questions about AGILE CITY WINSTON-SALEM

What is the EIN of AGILE CITY WINSTON-SALEM?
The employer identification number (EIN) of AGILE CITY WINSTON-SALEM is 81-4684785.
Is AGILE CITY WINSTON-SALEM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to AGILE CITY WINSTON-SALEM tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AGILE CITY WINSTON-SALEM file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AGILE CITY WINSTON-SALEM due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AGILE CITY WINSTON-SALEM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of AGILE CITY WINSTON-SALEM?
The 990 for the year ended December 31, 2023 names KAREN BARNES.
Who are the officers and directors of AGILE CITY WINSTON-SALEM?
The 990 for the year ended December 31, 2023 lists 6 people; 1 received compensation from the organization, the highest $143,231 (KAREN BARNES, EXECUTIVE DI).
How much revenue does AGILE CITY WINSTON-SALEM have?
On its 990 for the year ended December 31, 2023 it reported revenue of $246,249, expenses of $287,045 and total assets of $44,925 at year end.

Other nonprofits in WINSTON SALEM

All nonprofits in WINSTON SALEM · North Carolina · Community improvement and capacity building